Most Recent

April 09, 2020
An Update from NAW Government Relations Team - 4.9

As you know, we have been working with our trade association allies to urge the Treasury Department and the Federal Reserve to move forward ASAP with guidance on the loan programs to help companies with more than 500 employees.

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April 08, 2020
Against the Grain: Special Edition (April 7, 2020)

Ours is an industry where we’ve long valued the opportunity to shake hands and look a business partner in the eye when negotiating significant deals. That’s probably why we (or maybe just those of us who are a little more tenured) have been slower to adopt technologies like virtual conferencing inst

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April 06, 2020
An Update from NAW Government Relations Team - 4.6

Today, the Federal Reserve announced it will establish a facility to provide term financing backed by Payroll Protection Program loans. Basically, in a bid to free up banks' balance sheets to make more payroll protection loans, the Federal Reserve will buy those loans, which are already insured by

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April 06, 2020
An Update from NAW Government Relations Team - 4.4

We have reported previously on the small business-focused Paycheck Protection Program in the CARES Act. NAW and our association colleagues have been urging the Treasury Department and Small Business Administration (SBA) to get this loan program activated as quickly as possible – and more quickly tha

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April 03, 2020
An Update from NAW Government Relations Team - 4.3

While the SBA Paycheck Protection Program was launched today – to very mixed reviews – details on the Economic Stabilization Act program to provide loans to companies with 500-10,000 employers have still not been released. It is not yet clear whether this program will entail a direct lending program

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April 03, 2020
An Update from NAW Government Relations Team - 4.2

As you know the CARES Act has multiple government programs businesses may be able to take advantage of (we cover the mandated leave programs separately). Many of the business-specific component parts of the CARES Act interact, overlap or conflict with one a

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April 01, 2020
An Update from NAW Government Relations Team - 4.1

Today, the U.S. Department of the Treasury and the Internal Revenue Service are offering small and mid-size employers more information on refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing their employees paid sick and family leave wages related to COVID-19.

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