President Joe Biden

WASHINGTON (AP) — President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of color.

Biden says a lot of these mom and pop businesses “got muscled out of the way” by larger businesses seeking federal money in the early days of the pandemic. He said changes taking effect Wednesday will provide long overdue aid to these smaller enterprises that he says are being “crushed” by the pandemic-driven economic downturn.

“America’s small businesses are hurting, hurting badly and they need help now,” Biden said.

more  https://apnews.com/article/biden-boost-virus-lending-small-business-c70fb4d1f101bb5a7f0b10da39fdb988

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.