Public Policy Roundup
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.
Legal experts describe the new PE restrictions in the Federal Reserve’s Main Street Lending Program, the DOL clears PE investment in 401(k)s, and PPP reform heads to the president's desk.
A House bill is expected to ease PPP restrictions, a small business investor group warns Congress of COVID-19's knock-on effects, and the SEC changes a rule on financial reporting.