PH FedACTion: Financial Regulatory Updates
Daily Financial Regulation Update -- Wednesday, December 9, 2020
December 09, 2020
FedACTion Task Force
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PH Client Alerts
Click here to read more from our Coronavirus series.
Congress
Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), Enacted March 27, 2020.
Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, Enacted April 24, 2020.
Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, Enacted June 5, 2020.
Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing, and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services, and House Committee on Small Business.
U.S. Senate
Committee on Small Business and Entrepreneurship
Senator Rubio to Chair Hearing on the Paycheck Protection Program and Its Future
December 8, 2020
On December 10, 2020, U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, will convene a hearing titled, “Small Business in Crisis: The 2020 Paycheck Protection Program and its Future.”
Federal Agencies
Department of Housing and Urban Development/Federal Housing Administration
OIG Semiannual Report to Congress for the Period Ending September 30, 2020
December 7, 2020
The Office of the Inspector General of the U.S. Department of Housing and Urban Development (HUD) has released the Semiannual Report to Congress for the period of April 1, 2020 to September 30, 2020. The report highlights HUD’s response to the COVID-19 pandemic.