Senators Seek Coronavirus Relief for Small Businesses That Were Shut Out of Loan Program
WASHINGTON—As Congress stands at an impasse over how to replenish funds for a now-depleted small business loan program, Sens. Steve Daines and Cory Booker are pushing for the next round of coronavirus aid to allocate money that would enable local communities to assist very small firms. Mr. Daines (R., Mont.) and Mr. Booker (D., N.J.) are working to finalize a measure, outlined broadly in a letter they sent Thursday to Senate leadership, that would give $50 billion to cities, counties and states for creating and expanding coronavirus relief funds. The local entities would have flexibility to design the funds, which