Posted inElection Central

In shift, House plans Thursday vote to create panel to investigate coronavirus spending

The House now plans to vote on Thursday to set up a powerful new oversight committee with subpoena power to probe the trillions of dollars of federal spending in response to the crisis caused by the coronavirus pandemic. The Democratic-led committee, which Republicans have resisted, is expected to have broad power to oversee the historic-level […]

Posted inElection Central

Vernon Jones abruptly resigns one week after endorsing Trump

In a little more than one week, Democratic lawmaker Vernon Jones announced his resignation from his Georgia legislature after he formally endorsed President Donald Trump’s reelection bid. Jones received swift backlash from Georgia Democrats disagreeing with the Lithonia Democrat. “Turn the lights off, I have left the plantation,” Jones said in a statement. “Someone else […]

Posted inMoney

AP: Publicly traded firms get $365M in small-business loans

Companies with thousands of employees, past penalties from government investigations and risks of financial failure even before the coronavirus walloped the economy were among those receiving millions of dollars from a relief fund that Congress created to help small businesses through the crisis, an Associated Press investigation found. The Paycheck Protection Program was supposed to infuse small […]

Posted inSmall Business

Big banks accused of favoring more lucrative small business loans in coronavirus program

Four of America’s biggest banks have been accused of harming thousands of coronavirus-hit small businesses by unfairly prioritizing emergency loan requests from large customers to earn fatter fees. Bank of America, Wells Fargo, JPMorgan Chase and US Bank were sued Sunday for allegedly failing to process forgivable loans in the $349 billion Payroll Protection Program […]

Posted inFalcons

Virtual school opens with Falcons players, coaches at home

Classes are in session for the Atlanta Falcons’ virtual offseason. For coach Dan Quinn, it’s a welcome opportunity to keep moving during the coronavirus pandemic. Quinn said Monday he expected there would be hurdles to overcome on the day’s opening sessions of virtual classes. With players and coaches forced to remain at their homes during […]

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