Congress
The Small Business Administration ran out of funding for its disaster loan program on October 15.The lapse could slow recovery efforts by small businesses damaged by hurricanes Helene, Milton.The SBA can’t resume loans until Congress passes new funding, likely in November. Locally owned businesses in places like Asheville still reeling…
Subsidies that help 19 million people pay for health insurance in ACA marketplaces could expire.KFF found that the enhanced subsidies saved the average enrollee roughly $700 annually.The fate of the subsidies rests in the November election. Vice President Kamala Harris and former President Donald Trump have offered conflicting visions for…
Sen. Michael Bennet of Colorado came closer than any other Democratic senator has yet to calling for President Joe Biden to bow out of the presidential race.Bennet appeared on CNN’s “The Source with Kaitlan Collins” Tuesday evening after Axios reported earlier in the day that he was among three Democratic…
By David Shepardson and Allison Lampert WASHINGTON (Reuters) – Boeing (NYSE:) CEO Dave Calhoun will tell a U.S. Senate committee on Tuesday that the planemaker understands concerns about its safety culture after a January mid-air emergency involving an Alaska Airlines 737 MAX 9 raised widespread alarm. “Much has been said…
By Douglas Gillison (Reuters) – The head of the top U.S. watchdog agency for consumer finance on Wednesday called on lawmakers to adopt greater protections against the collection and use of consumers’ data from payment processing and so-called buy-now-pay-later services. Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau,…
