Treasury Secretary Steve Mnuchin and White House chief of staff Mark Meadows are calling on Congress to pass a coronavirus relief bill using leftover funds from the small business loan program, as talks again hit a snag.
“The all or nothing approach is an unacceptable response to the American people,” they wrote to members of the Senate and House on Oct. 11, saying Congress should “immediately vote on a bill” that would enable the use of unused Paycheck Protection Program (PPP) funds. The PPP was authorized under March’s CARES [Coronavirus Aid, Relief, and Economic Security] Act.