Senators’ Framework on Pandemic Relief Must Address Flaws in PPP

Senators’ Framework on Pandemic Relief Must Address Flaws in Paycheck Protection Program (PPP) to Get Aid in the Hands of Those Who Need ItQ3 2020 hedge fund letters, conferences and moreThe Flaws in PPP Must Be AddressedWASHINGTON, D.C. – This morning, after weeks of stagnancy and delays, a bipartisan group of senators introduced a framework to spend $900 billion to address the address the worsening health and economic effects of the coronavirus pandemic. One of the components of the new framework is $300 billion in funding to renew the Paycheck Protection Program (PPP).The purpose of the pro…

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HEDGE accordingly