Grassroots Action Alert
The initial $350 billion funding for the Paycheck Protection Program (PPP) ran out shortly after 10:00 a.m. yesterday. NYBA issued an urgent Grassroots Action Alert for bankers to call their U.S. Representatives and Senators to urge additional funding for the program. Thank you to all those who answered the call to action. If you have not yet contacted your member of Congress, please do so today. (House of Representatives; Senator Schumer-202-224-6542; Senator Gillibrand-202-224-4451) NYBA contacted all members of the New York delegation to urge the reignition of the program.
Here’s a quick recap of yesterday’s other developments:
Remember to visit our webpage for all the latest updates throughout the day. Once again, thank you for continuing to work with your customers and support your communities during this challenging time.
President & CEO, New York Bankers Association
The Wall Street Journal
New York Post