Two stimulus packages take shape in Congress, a Senate committee approves Trump’s nominees for the Fed, and a hearing is held for two SEC candidates.
Congress releases a report explore how it could tax carried interest, and the House holds a hearing on capital markets, which focused on disclosure requirements to investors and stock buybacks.
The FTC calls for scrutiny on private equity roll-ups in health care, the SBA releases data on PPP loan recipients, and other events in Washington around the Independence Day break.
The Fed opens the Main Street Lending Program, PPP gets an update, lawmakers raise concern over 401(k) plans adding private equity to their offerings, and more.
The Fed gives small and midsize businesses more pandemic support, freezes interest rates until 2022 and outlines some long-term challenges.