Tag: Congress
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House Passes Bill to Extend Paycheck Protection Program Until August 8th
The House has unanimously passed a bill that will extend the Paycheck Protection Program (PPP) until August 8th, which was originally set to end on June 30th. The bill now awaits President Trump’s signature to officially extend the federal government program that provides forgivable loans to small businesses economically impacted by the COVID-19 crisis.
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Congress Reaches Deal on $480 Billion Coronavirus Relief Package for Small Businesses, Hospitals and Testing
U.S. Congress reached a deal on a roughly $480 billion coronavirus relief funding package to continue helping small business and hospitals, and expand COVID-19 testing. This new funding package comes after the initial funds set aside for the U.S. Small Business Administration (SBA) Paycheck Protection Program and Economic Injury Disaster Loan (EIDL) were exhausted in…
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House Committee on Financial Services Holding Large Banks Accountable
Honorable Maxine Waters, Chairwoman of the U.S. House Committee on Financial Services, and Honorable Joyce Beatty, Chair of the Subcommittee on Diversity and Inclusion, recently released a report titled, “Diversity and Inclusion: Holding America’s Large Banks Accountable,” which serves as a deep dive into the actions the Committee will take regarding the diversity practices of…
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Affordable Housing and HELOC Deductibility Under New Tax Laws
The new tax bill passed by Congress in December 2017, celebrated as the Trump Administration’s first major legislative victory, will have inadvertent consequences for potential homebuyers looking to buy homes in high-end markets, and for those with a home equity line of credit (HELOC). A decrease in home prices and caps on tax deductions, among…
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Corporate Diversity Bill Will Require Companies to Disclose Board Representation
Representative Gregory W. Meeks (D-N.Y.) has recently introduced the Improving Corporate Governance Through Diversity Act of 2019, which will require public companies to disclose the gender, race, ethnicity and veteran status of their board directors, nominees and senior executive officers, as a way to track the progress of diverse representation in the corporate sphere.
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Historically Diverse 116th Congress Convenes Today
On January 3rd at noon at Washington, D.C., the sworn in 116th Congress has officially convened. This historical congress has a Democratic majority, the first time in eight years, and comprises a record number of women and minorities. Nancy Pelosi, who was re-elected as House Speaker and remains the first woman to serve in the…
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Women Make History in the 2018 Midterm Elections
Yesterday, Tuesday, Nov. 6th, Americans took to the polls to cast their votes in the 2018 Midterm Elections to elect candidates for Senate, the House of Representatives, State Governors and other local appointments and propositions. Not only did we see a surge of women and minority voters this year, but over 100 women were elected…
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Addressing the Concerns of American Families
Since founding the Women2Women Conversations Tour in 2014, I have joined six of Main Street’s Congresswomen and many state officials across the country to speak with local women business owners and community leaders who are a seeking a greater voice and role in their government. I wanted the tour to give female members of Congress…
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Women Business Owners Are Missing Out On Billions in Tax Incentives & Investments: Congress Can Change That
When her short-term corporate housing company started to draw sizable revenue, Chicago-based business owner Francine Manilow realized she needed to change how her business was organized in order to take greater advantage of tax breaks. Women-owned businesses like Manilow’s represent more than a third of all U.S. companies. Yet they are often disadvantaged by the…