COVID-19: Public Policy Group Report - 22 May 2020

    May 2020

    Speaking at a pre-Memorial Day event hosted by The Hill, US Treasury Secretary Steven Mnuchin said it will be “a few weeks” before the Trump Administration moves to negotiate with Congress on another large-scale coronavirus response bill, while conceding there is “a strong likelihood” such legislation will eventually be needed to support the struggling American economy. Members of Congress continue to put forth targeted proposals, many of them bipartisan, to address aspects of the public health and economic crisis, presenting Senate Majority Leader Mitch McConnell (R-KY) with a growing array of options as he and Republican colleagues in the Senate contemplate an eventual GOP response to the gargantuan Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act passed by House Democrats under Speaker Nancy Pelosi (D-CA). Congress appears poised to pass at least one such measure, making changes to the March 27 CARES Act’s Paycheck Protection Program (PPP), as a stand-alone bill after the holiday weekend.