House Follows Senate In Passing Extension Of COVID-19 Business Loans

Treasury Secretary Steven Mnuchin gestures toward Federal Reserve Board Chairman Jerome Powell, as they appear before a House Committee on Financial Services hearing on oversight of the Treasury Department and Federal Reserve pandemic response, on Tuesday in Washington.

The Paycheck Protection Program, part of the $3 trillion pandemic response package passed by Congress in March, has been extended to Aug. 8.

(Image credit: Bill O’Leary/AP)

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