Donald Trump is returning to a family business ravaged by pandemic shutdowns and restrictions, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts.
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
The Virginia Employment Commission (VEC) says unemployment benefits are being paid out to Virginians who did not exhaust their weeks in 2020 through the CARES Act benefit programs, but there is still delay for other Virginians hoping to file future claims.
Representatives of the Virginia Interfaith Center and other groups are supporting a measure that would require five days of paid sick leave for certain essential workers.
A new law from Attorney General Mark Herring and Delegate Hala Ayala will ensure that the $600 economic support payments help Virginians support themselves and their families during the pandemic rather than getting swept up by debt collectors and creditors, a press release from the attorney general’s office says.
Treasury Secretary Steven Mnuchin said Tuesday that distribution of $600 stimulus checks was about to begin, with some Americans seeing direct deposits as soon as Tuesday night.
Governor Ralph Northam announced Tuesday an additional $20 million in federal CARES Act funding would be allocated to the Rebuild VA economic recovery fund.
“This is just not only a financial reinforcement of the important work that they do, but it’s also to let them know that we really value the work that they do,” Cristina Casado, Director of Community Engagement at the Community Foundation, said.
On Tuesday, Gov. Northam announced temporary changes to Virginia’s Unemployment Insurance Program that will support workers and businesses throughout the commonwealth who have been affected by the coronavirus pandemic.
The 51,250-square-foot CMA will offer a platform for business success targeted at manufacturing companies establishing or expanding their presence in Southern Virginia.
The bill passed both the House and Senate in rapid succession Monday night and has been sent to President Donald Trump for his signature, expected in the coming days.
A new deadline of midnight Sunday for a government shutdown served as a backstop for the tortuous negotiations, which were being conducted in secret largely among the top four leaders in Congress.
On Monday, Radford’s City Council met virtually for its last meeting of the year to dish out some of the remaining CARES Act Funds. A big portion of that is going to be available for people struggling to pay their utilities.
The Trump administration on Friday suspended all federal student loan payments through the end of January and kept interest rates at 0%, extending a moratorium that started early in the pandemic but was set to expire at the end of this month.
In his most direct comments so far, Powell told the House Financial Services Committee on Wednesday that it’s “very important” for Congress to provide economic support.
