The Congressional Oversight Commission will hold its second public hearing today. The commissioners will examine and hear testimony regarding the Municipal Lending Facility established by the Federal Reserve pursuant to the...more
..The House Select Subcommittee on the Coronavirus Crisis held a remote hearing with civil rights advocates and public health experts to examine the steps that must be taken to ensure a free, fair, and safe general election...more
The Congressional Oversight Commission released its fourth report, which provides an in-depth analysis of the Federal Reserve’s Main Street Lending Program as well as updates regarding recent key actions the Treasury and the...more
Senate Republicans unveiled an approximately $1 trillion virus relief package. The “Heals Act,” which differs significantly from the legislation House Democrats passed last month, includes more than $100 billion for schools -...more
Treasury and the SBA disclosed the identities of a portion of PPP loan recipients. The Washington Post has created a searchable database of the recipients. Politico reports that the revelation that wealthy businesses and...more
Several news outlets reported that former Joint Chiefs of Staff Chairman Joseph Dunford is the leading contender to chair the Congressional Oversight Commission—a position that, under the CARES Act, must be jointly selected...more
Welcome to the first edition of WilmerHale's COVID-19 Oversight and Enforcement Report, a weekly roundup of notable congressional, executive branch, and state attorney general oversight and enforcement activity relating to...more
On April 2, House Speaker Nancy Pelosi (D-CA) announced that Majority Whip James Clyburn (D-SC) will chair a bipartisan House select committee overseeing the government’s coronavirus expenditures. Approval is subject to a...more
On March 27, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The $2 trillion stimulus package is the largest in American history and will make available hundreds of billions of...more
After days of intense negotiation, last night the Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion stimulus package to respond to the economic fallout from the coronavirus (COVID-19)...more