The Federal Reserve will “provide up to $2.3 trillion in loans to support the economy.” This funding will aim to support the Small Business Administration’s Paycheck Protection Program, “supplying liquidity to participating financial institutions” who will then provide loans to small businesses. Small and mid-sized businesses “that were in good…
U.S. and GM Reach Agreement on Ventilator Production
April 8, 2020
The United States and General Motors (GM) have reached an agreement for GM to produce 30,000 ventilators at a total contract price of $489.4 million. Nearly two weeks ago, President Trump invoked the Defense Production Act requiring General Motors to manufacture ventilators to help with the Covid-19 emergency. Now with an…
5th Circuit Court of Appeals Temporarily Upholds Texas Abortion Halt
April 7, 2020
United State’s Fifth Circuit Court of Appeals will allow the state of Texas’ current abortion halt to remain in place until an “injunction hearing for April 13,” when the legality of the abortion halt will be further argued. On March 22, Texas Governor Greg Abbott issued an executive order ordering…
Wisconsin Supreme Court Stops Postponement of Primary Election Hours after Governor Orders it
April 6, 2020
At 1:24pm today, Wisconsin Governor Tony Evers announced he was “suspending in-person voting for the April 7 [primary] election, moving in-person voting to June 9, 2020.” Not two hours later, the Wisconsin State Supreme Court ordered the primary elections to proceed as scheduled on Tuesday, April 7. Governor Evers says…