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Chamber Praises $2 Trillion Economic
Relief Package, Shifts Focus To Helping
Businesses Secure Necessary Funds
Article by U.S. Chamber of Commerce
WASHINGTON, D.C. —U.S. Chamber of "The U.S. Chamber of Commerce and our network
Commerce CEO Thomas J. Donohue today of state and local chambers of commerce are now
applauded Congress and the administration for turning our focus to helping businesses of all
their responsive actions to help businesses stay sizes keep workers on their payrolls by securing
open and pay their employees and reduce the available funds as quickly as possible. Specifically,
potential of future layoffs. we are focused on helping small businesses take
the necessary steps to receive aid once lending
“Today, our elected representatives came together facilities have been designated, and we are working
in a powerful way to provide the much needed to ensure that the Treasury and Federal Reserve
relief that American workers and businesses need act swiftly to create a robust lending facility to
and deserve during this unprecedented time. support loans to midsize and larger businesses
We applaud Congress and the administration with minimal regulatory red tape.
for working together to enact the CARES Act on
a strong, bipartisan basis. Securing these funds “In the days, weeks, or months to come—however
could make the difference between keeping a long it takes—we will work tirelessly with our
business up and running over the coming weeks or partners in the public and private sector to stabilize
being forced to reduce salaries, lay off employees, the economy, restore commerce, rebuild supply
or shutter businesses entirely. No family and chains, and eventually reinvigorate growth. Again
no business should go bankrupt because of the and again, America has proven its resiliency, and
financial hardships caused by the coronavirus. we are confident that we can and will weather this
storm together.”
15 AmCham South China
Chamber Praises $2 Trillion Economic
Relief Package, Shifts Focus To Helping
Businesses Secure Necessary Funds
Article by U.S. Chamber of Commerce
WASHINGTON, D.C. —U.S. Chamber of "The U.S. Chamber of Commerce and our network
Commerce CEO Thomas J. Donohue today of state and local chambers of commerce are now
applauded Congress and the administration for turning our focus to helping businesses of all
their responsive actions to help businesses stay sizes keep workers on their payrolls by securing
open and pay their employees and reduce the available funds as quickly as possible. Specifically,
potential of future layoffs. we are focused on helping small businesses take
the necessary steps to receive aid once lending
“Today, our elected representatives came together facilities have been designated, and we are working
in a powerful way to provide the much needed to ensure that the Treasury and Federal Reserve
relief that American workers and businesses need act swiftly to create a robust lending facility to
and deserve during this unprecedented time. support loans to midsize and larger businesses
We applaud Congress and the administration with minimal regulatory red tape.
for working together to enact the CARES Act on
a strong, bipartisan basis. Securing these funds “In the days, weeks, or months to come—however
could make the difference between keeping a long it takes—we will work tirelessly with our
business up and running over the coming weeks or partners in the public and private sector to stabilize
being forced to reduce salaries, lay off employees, the economy, restore commerce, rebuild supply
or shutter businesses entirely. No family and chains, and eventually reinvigorate growth. Again
no business should go bankrupt because of the and again, America has proven its resiliency, and
financial hardships caused by the coronavirus. we are confident that we can and will weather this
storm together.”
15 AmCham South China
