— This week U.S. Senator Tina Smith (D-Minn.) and U.S. Representative Angie Craig (MN-2) were joined by U.S. Sen. Amy Klobuchar (D-Minn.) and Reps. Dean Phillips (MN-3), Ilhan Omar (MN-5) and Betty McCollum (MN-4) as they introduced bicameral legislation to help high school students in Minnesota who have lost jobs due to the coronavirus… Read more »
— This week, Rep. Dean Phillips (D-MN) introduced a bipartisan bill in the House of Representatives to provide tax relief to startups that are ineligible for other types of business aid passed by Congress in response to the COVID-19 pandemic. Phillips’s IGNITE American Innovation Act will allow small and mid-size businesses that weren’t able to utilize the… Read more »
Rep. Dean Phillips (D-MN) announced during a hearing of the House Financial Services Committee today that he will strengthen his bill, The New Business Preservation Act (H.R. 6403), by including aggressive changes to benefit women and minority entrepreneurs. Phillips’s bill authorizes the Treasury Department to partner with states to make equity investments in new businesses… Read more »
— U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), and Representatives Angie Craig (D-MN-2), Dean Phillips (D-MN-3), Betty McCollum (D-MN-4), Ilhan Omar (D-MN-5) sent a letter to Leaders McConnell and Schumer, Speaker Pelosi and House Minority Leader McCarthy requesting relief for state unemployment insurance programs in any upcoming coronavirus relief package. In the… Read more »
On June 5, President Trump signed the Paycheck Protection Program Flexibility Act (H.R. 7010), authored by Reps. Dean Phillips (D-MN) and Chip Roy (R-TX), into law. The bipartisan legislation immediately makes Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA) more accessible and useful for small businesses as millions around the country face economic… Read more »
Today, U.S. Chamber of Commerce honored Rep. Dean Phillips (MN-03) with a 2020 Jefferson – Hamilton Award for Bipartisanship. The newly-unveiled award recognizes members of Congress who demonstrate the bipartisan leadership and constructive governing necessary to move our country forward. With a score of 98%, Rep. Phillips is one of the top 10 bipartisan… Read more »
— Today, the House of Representatives passed the Paycheck Protection Program Flexibility Act, authored by Rep. Dean Phillips (D-MN), in a strong bipartisan vote of 417-1. Phillips and co-author Rep. Chip Roy (R-TX) praised the passage of his bill, which will provide critical reforms to the Paycheck Protection Program (PPP), a critical source of aid for small businesses during… Read more »
—Reps. Dean Phillips (D-MN) and Chip Roy (R-TX) have released a diverse list of national and regional organizations supporting the passage of the Paycheck Protection Flexibility Act (PPFA). This bill will solve problems with the Paycheck Protection Program (PPP), a critical source of aid for small businesses during the coronavirus epidemic that has come under fire from… Read more »
Dean Phillips has introduced two important reforms impacting the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) programs, the emergency sources of funding for small businesses struggling in the wake of the coronavirus epidemic. This legislation will make billions of dollars more accessible to small businesses without close relationships with big banks and to… Read more »
- Today, May 26, 2020, the Problem Solvers Caucus formally endorsed the bipartisan Paycheck Protection Program Flexibility Act, legislation that will revamp some of the rules within the current Paycheck Protection Program, making it more accessible and equitable for small businesses looking to weather the current economic storm.
Problem Solvers, Reps. Dean Phillips (D-… Read more »