Senate Finance Close to Confirming Yellen for Treasury

The Senate Finance Committee has scheduled a meeting Friday to consider President Joe Biden’s pick for Treasury Secretary, Janet Yellen, and her confirmation appears likely. The Biden White House is pushing for speedy confirmation of key cabinet members and Yellen is viewed as essential to the immediate goal of fighting the COVID-19 pandemic. Following Senate… Read more »

Democrats Weighing Next Stimulus Package

Congressional Democrats are still discussing the details of President Biden’s $1.9 trillion stimulus package and their options for bringing legislation to the floor quickly. While Biden has said he wants to give Republicans a chance to get on board with his first legislative effort as president, several Senate Republicans have recently questioned the need for… Read more »

ASAE Still Waiting for Guidance on 501(c)(6) PPP Eligibility

The Small Business Administration this week began accepting applications for first draw loans through the Paycheck Protection Program (PPP), but ASAE and other organizations are still waiting for agency guidance that clarifies qualifying conditions for 501(c)(6) organizations. SBA’s only guidance for PPP applicants so far has been to state that the agency will “allow lenders… Read more »

Biden to Introduce COVID-19 Emergency Relief Plan

President-elect Joe Biden is preparing to unveil a new emergency stimulus plan tonight that he said is tailored to invite bipartisan support. The plan is expected to include $2,000 stimulus checks, an extension of enhanced unemployment benefits through September, money for COVID-19 vaccine production and distribution, funding for state and local governments and expansion of… Read more »

ASAE Asks Congress for Guidance on Future In-Person Meetings

On Jan. 5, ASAE sent a letter to Congress asking for guidance regarding the future of in-person constituent meetings in the House and Senate. Addressed to the leadership of the House and Senate Rules and Administration Committees, the letter states, “We understand and wholeheartedly agree that the safety and security of Members of Congress and… Read more »