Officials increase loan authority for Energy Infrastructure Reinvestment for climate projects. Director Jigar Shah of the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has increased efforts…
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New York Judge Cancels Sentencing in Trump Case
District Attorney Bragg supported postponing the sentencing date. New York Judge Juan Merchan, presiding over the business records case against now-President-elect Donald Trump, has delayed sentencing indefinitely. Sentencing…
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Child Tax Credit and Business Bill Passes House
Bipartisan vote moves $78 billion legislation to Senate. Members of the House of Representatives passed legislation to expand the child tax credit and renew investment deductions for business…
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SBA Announces COVID Fraud of Over $200 Billion
Inspector general cites a lack of controls on the distribution of emergency funds as the cause. The Office of the Inspector General of the Small Business Administration said…
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USDA Provides Assistance to Help Farmers in Financial Risk
Funding provided through the Inflation Reduction Act. The U.S. Department of Agriculture (USDA) announced that it is providing an additional $130 million to eligible, farm-loan-program borrowers who are…
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Federal Reserve Increases Rate Again
An additional 0.75 percent marks the fourth straight increase. The Federal Reserve raised interest rates Wednesday by 75 basis points for the fourth straight meeting while hinting at…
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$750 Million in Small Business Credit Approved
Treasury Department approved funds for the states of New York, Colorado, Oregon, and Montana. The Department of Treasury recently announced the approval of four state plans for small…
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