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McConnell said Senate GOP "undecided" on commission to investigate Jan. 6 Capitol siege. 8 Senate Republicans voted against certifying the election after the attack.

The House is set to vote on a bill to establish a commission to probe the Jan. 6 riots - the same day lawmakers voted to certify the 2020 election. Senate Minority Leader Mitch McConnell of Kentucky speaks after a GOP policy lunche.....»»

Category: smallbizSource: nytMay 18th, 2021

Capitol Report: McConnell threat to tie bigger stimulus checks to other issues leaves Senate gridlocked

The Senate adjourned Tuesday without taking any action on a House bill to up the size of the new stimulus checks, as Senate Majority Leader Mitch McConnell's hint he would like to tie the issue to several others left the chamber in a holding pattern......»»

Category: topSource: marketwatchDec 29th, 2020

Senate passes $480 billion package to expand funding for small-business loans and testing. The bill now moves to the House.

Chip Somodevilla/Getty Images The Senate passed a $484 billion legislative package, the Paycheck Protection Program Increase Act, on Tuesda.....»»

Category: topSource: businessinsiderApr 21st, 2020

Capitol Report: Democrats, Republicans still negotiating over boosting coronavirus aid program for small businesses

U.S. lawmakers are struggling to reach an agreement on setting aside additional coronavirus aid for small businesses. But analysts predict an extra $250 billion for a Paycheck Protection Program could get approved this week......»»

Category: topSource: marketwatchApr 15th, 2020

Capitol Report: Democrats, Republicans still at impasse over boosting coronavirus aid program for small businesses

U.S. lawmakers are struggling to reach an agreement on setting aside additional coronavirus aid for small businesses. But analysts predict an extra $250 billion for a Paycheck Protection Program could get approved this week......»»

Category: topSource: marketwatchApr 13th, 2020

Capitol Report: Democrats, Republicans at impasse over boosting coronavirus aid program for small businesses

U.S. lawmakers are struggling to reach an agreement on setting aside additional coronavirus aid for small businesses, leading analysts to predict that an extra $250 billion for a Paycheck Protection Program won’t get approved until next week......»»

Category: topSource: marketwatchApr 9th, 2020

Capitol Report: McConnell, Pelosi say deal on coronavirus stimulus is close

Senate Majority Leader Mitch McConnell and Speaker of the House Nancy Pelosi on Tuesday were optimistic about the prospects a compromise trillion-dollar coronavirus economic stimulus bill would be agreed to later in the day......»»

Category: topSource: marketwatchMar 24th, 2020

Capitol Report: Congress tries to find agreement on coronavirus aid

U.S. lawmakers on Thursday are working to find agreement on coronavirus legislation, after President Donald Trump and the top Republicans in the House and Senate criticize a wide-ranging bill from House Democrats......»»

Category: topSource: marketwatchMar 12th, 2020

Capitol Report: Influential Senate Republican says he doesn’t support cannabis-banking bill that passed House

Senate Banking Committee Chairman Mike Crapo on Wednesday said he doesn’t support a House-approved bill that aims to protect banks that work with the marijuana industry......»»

Category: topSource: marketwatchDec 18th, 2019

Capitol Report: House panel passes bill that aims to legalize marijuana, but top Democrat concedes ‘Senate will take its own time’

The Democratic-controlled House Judiciary Committee on Wednesday voted in favor a bill that decriminalizes marijuana at the federal level, with a couple of Republicans supporting the measure......»»

Category: topSource: marketwatchNov 20th, 2019

Capitol Report: House may pass Pelosi’s drug-pricing bill this month, but it looks ‘dead on arrival’ in Republican-run Senate

While the Democratic-controlled House of Representatives may pass the Lower Drug Costs Now Act by the end of this month, analysts say the bill isn’t likely to get the support of the Republican-run Senate and President Donald Trump......»»

Category: topSource: marketwatchOct 17th, 2019

Capitol Report: IRS reform bill introduced in both House, Senate with bipartisan support

A bipartisan, bicameral bill to restructure the Internal Revenue Service was introduced on Thursday that aims to improve customer service, increase transparency and create an independent appeals process......»»

Category: topSource: marketwatchMar 28th, 2019

Capitol Report: Cannabis-banking bill approved by House; future in Senate uncertain

Marijuana-related businesses would have one industry obstacle -- access to the U.S. banking system -- made less burdensome under a bill that passed the House on Monday evening......»»

Category: topSource: marketwatchApr 19th, 2021

More time for PPP: Bill extending Paycheck Protection Program deadline to May 31 heads to Biden

The Senate passed a bill 92-7 to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program, giving.....»»

Category: topSource: chicagotribuneMar 26th, 2021

Capitol Report: $50 billion at stake if paycheck protection lapses, warns senator

A key Democratic senator said Tuesday about $50 billion dollars in lending authority still exists for the Paycheck Protection Program but the program will need to be extended quickly as-is for that cash to get out the door......»»

Category: topSource: marketwatchMar 24th, 2021

Capitol Report: Hundreds of billions of dollars at stake if PPP lapses, warns senator

A key Democratic senator said Tuesday more than half a trillion dollars in lending authority still exists for the Paycheck Protection Program but the program will need to be extended quickly as-is for that cash to get out the door......»»

Category: topSource: marketwatchMar 23rd, 2021

Capitol Report: Gary Gensler signals support for climate, workforce diversity disclosure requirements in confirmation hearings

President Joe Biden's nominees to lead the Securities and Exchange Commission and the Consumer Financial Protection Bureau faced tough questions from the Senate Banking Committee during their confirmation hearing Tuesday......»»

Category: topSource: marketwatchMar 2nd, 2021

Democrats propose $50 billion in small business aid as part of larger pandemic relief plan

The House Small Business Committee bill included $25 billion for restaurant aid and $7.5 billion in additional Paycheck Protection Program funding. Velazquez has been instrumental to helping business owners and specifically, ent.....»»

Category: personnelSource: nytFeb 9th, 2021

Capitol Report: $15 billion for airline industry called ‘first surprise’ in Democratic aid plan

The additional “Payroll Support Program” money for the airline industry counts as the “first surprise” as Democratic-run committees begin the work of writing the relief bill, says a Height Capital Markets analyst......»»

Category: topSource: marketwatchFeb 9th, 2021

Capitol Report: No ‘realistic path’ for vote by Senate on bigger stimulus checks, McConnell says

Prospects for larger direct payments to Americans from Washington dimmed Wednesday, as Senate Majority Leader Mitch McConnell said he will not allow a stand-alone vote on the proposal passed in the House on Monday......»»

Category: topSource: marketwatchDec 30th, 2020