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COLUMBUS, Ohio (Statehouse News Bureau) — State lawmakers approved hundreds of millions of dollars in federal funding to help local governments recover from the coronavirus pandemic. The vast majority of Ohio House and Senate members approved a bill, HB481, that includes $350 million from the federal CARES Act. The money will go to local townships and municipalities. Senate President Larry… Read More
The Senate Banking Committee took its first look at spending under the massive CARES Act approved in March. Sen. Elizabeth Warren said more should have been done to keep U.S. workers on the payroll.
As small businesses scramble for emergency assistance, big businesses get a new program of virtually endless lending from the Fed.