CARES ACT Update/Info
https://home.treasury.gov/cares
WHAT TREASURY IS DOING
The Treasury Department is supporting American workers and businesses who are impacted by the coronavirus. In February, Secretary Mnuchin was appointed to the President’s Coronavirus Task Force, where he meets daily with the Vice President and our nation’s top health officials. For the latest information from the Task Force, please visit www.whitehouse.gov/news/.
ASSISTANCE FOR AMERICAN WORKERS AND FAMILIES
ASSISTANCE FOR SMALL BUSINESSES
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
PRESERVING JOBS FOR AMERICAN INDUSTRY
PROCEDURES AND APPLICATIONS FOR TREASURY PROGRAMS
COVID-19 SCAMS
If you receive calls, emails, or other communications claiming to be from the Treasury Department and offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, or charge of any kind, including the purchase of gift cards, please do not respond. These are scams. Please contact the FBI at www.ic3.gov so that the scammers can be tracked and stopped.
Fraud involving payment of Federal taxes should be reported to the Treasury Inspector General for Tax Administration.
RECENT REMARKS, TESTIMONY, AND STATEMENTS
Statement by Secretary Steven T. Mnuchin on the Passage of the CARES Act
Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers
Statement of G7 Finance Ministers and Central Bank Governors
Treasury and IRS Delay Federal Tax Day from April 15 to July 15 Due to COVID-19 Outbreak
Treasury and IRS Issue Guidance on Deferring Tax Payments Due to COVID-19 Outbreak
Statement from Secretary Steven T. Mnuchin on the Establishment of a Primary Dealer Credit Facility
Statement from Secretary Steven T. Mnuchin Regarding House-passed Coronavirus Response Legislation
Readout from a Treasury Spokesperson on Under Secretary McIntosh’s call with G7 Counterparts
Meeting of G7 Finance Ministers and Central Bank Governors to be Hosted by Videoconference
Readout of Call of President’s Working Group on Financial Markets