Trump recently removed the Inspector General who was supposed to head the committee tasked to oversee the disbursements of the CARES Act Fund. The creation of an oversight committee was one of the conditions fought hard for by both Democratic and Republican Senators in approving the release of the $2.2 trillion government funds under the guidelines of the Coronavirus Aid, Relief and Economic Security Act or The CARES Act. Yet Trump who had stated beforehand that he intends to be the sole “oversight” in controlling and monitoring the release of the funds, has taken action to circumvent that condition. …
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- A Quick Look at the Differences of PPP in the HEROES Act vs. HEALS ActWhile the House of Representatives passed a 4th coronavirus relief bill last May, the Senate House did not put it up for review before Congress went into an August recess. Instead, the Republican majority passed its own version, calling it the HEALS Act, as opposed to the Heroes Act passed by the House in May. […]
- Which Financial Market is most Suited for You?Financial market refers to a wide marketplace where trading of securities take place which include FOREX market, bond market, derivatives market and the stock market. Financial market plays a critical role to having a smooth operation of economies, particularly the more developed ones. A Better View of the Financial Market As mentioned, financial markets play […]
