How Big Corporations Scored Coronavirus Relief Funds and Small Businesses Lost Out

My NEW OpEd in Rivard Report ‘How Big Corporations Scored Coronavirus Relief Funds and Small Businesses Lost Out’: while policymakers were right to move swiftly and aggressively to help those in need from the economic downturn, lobbyists in Washington jumped into the fray.

And what came next was all too predictable: investment firms managing billions got Paycheck Protection Program (PPP) funds, as did more than 45 major law firms, along with elite, Washington private schools that have educated the children of presidents. Some 300 public companies received $1 billion in stimulus.

If we want to save millions of jobs, protect livelihoods, and plant the seeds for a robust economic recovery, Congress and the White House need to do much more to support small businesses — I lay out my suggestions in the piece.

How Big Corporations Scored Coronavirus Relief Funds and Small Businesses Lost Out