Republicans and Democrats reached a hard-won agreement on the Senate‘s $2 trillion worth of fiscal stimulus to shore up an economy crippled by the coronavirus pandemic. The Senate returns at noon Wednesday and, while a vote is expected, Majority Leader McConnell has not yet set a time. The final version […]
Secretary Mnuchin has approved the establishment of three new facilities under section 13(3) of the Federal Reserve Act to provide liquidity to the financial system and support the flow of credit to American workers, households, and businesses. These include: The Term Asset-Backed Securities Loan Facility (TALF): under which the Federal […]
Washington Update: March 23
In a major late breaking development, Senate Democrats did not vote for cloture by a 47-47 vote on the third stimulus bill that Senate Republicans had been advancing, H.R. 748, the CARES Act. Senator GOP Leader Mitch McConnell switched his vote to no so he could move to reconsider at […]
Section 252.363(1)(a), Florida Statutes, provides that certain qualifying permits and authorizations are eligible for an extension once certain States of Emergency are declared for the length of time the declaration is in effect plus an additional six (6) months. A written request for such an extension must be submitted to […]
Yesterday, Senate Republicans introduced their version of the 3rd coronavirus-focused legislative package, The Coronavirus Economic Stabilization Act of 2020. This will mark the start of negotiations, which will take place throughout the weekend with a goal of votes in the House and Senate next week. It is a lot to wade through, […]