April 30, 2020: Pelosi eyes House return to Washington in two weeks. More here.

April 28, 2020: Federal bill, H.R. 6643, introduced to allow tax credits to federal, state, and local governments for required paid sick leave and required paid family and medical leave.

April 28, 2020: House reverses plan, will not return to Washington next week. More here

April 27, 2020: House & Senate to return to DC on Monday, May 4, 2020.  More here

April 25, 2020: The House Financial Services Committee sent a letter to Secretary Mnuchin and SBA Administrator Jovita Carranza. Read the letter here.

April 24, 2020: The president signs the latest coronavirus response bill into law. Text of the legislation is here

April 22, 2020: Members of Congress sent a letter to Congressional leadership discussing per capita aid payments. Read the letter here

April 21, 2020: Senate Majority Leader Mitch McConnell (R-KY) will seek to obtain unanimous consent to pass a $475 billion coronavirus response bill. 

The interim emergency aid measure would include

  • $310 billion in additional lending authority for the Paycheck Protection Program with some funds set aside to support loans issued by smaller lenders.
  • $60 billion for separate disaster loans to small businesses.
  • $75 billion for hospitals.
  • $25 billion for virus testing.

Text of the agreement can found here. Summaries of the bill can be found here and here.

Notes: This is the fourth major package to respond to the coronavirus pandemic. Congressional leaders and the administration have described this effort as an interim step as they negotiate the next package, generally referred to as phase four. According to the President, discussions will now begin on phase four which may include "...more help for states and local governments, infrastructure, “tax incentives” and a payroll tax cut."

April 21, 2020: Senator Schumer sends Dear Colleague letter on the coronavirus response agreement, available here

April 17, 2020: A group of Senators, including Senators Schumer and Warren, sent a letter to the Fed regarding population thresholds for cities and counties eligible for its Municipal Liquidity Facility. Read here.

April 17, 2020: Grassley op-ed: Coronavirus-damaged businesses deserve financial relief. Read the op-ed here.

April 16, 2020: Waters Urges Fed to Address Concerns Regarding COVID-19 Programs and Facilities Needed to Support Small Businesses and the Economy. Read the letter here.  

April 14, 2020: Scheduling Update: The House of Representatives will not return to Washington until May 4, 2020, at the earliest. More here

April 13, 2020: A bipartisan group of House representatives sent a letter to Congressional leadership to encourage them to provide unfunded mandate relief for state and local governments. You can read the letter here.

April 8, 2020: House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer release a joint statement on interim emergency coronavirus relief. You can read the press release here.