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Marco Rubio @marcorubio
#PPP UPDATE: @USTreasury has just released additional guidance to lenders on #PPPloan. They address many of the questions lenders have grappled with over the first two days of the program. https://t.co/7ka9mHdap6 — PolitiTweet.org
Marco Rubio @marcorubio
Praying for a speedy recovery for PM Boris Johnson & for God’s blessing on the United Kingdom. #GetWellBoris — PolitiTweet.org
Marco Rubio @marcorubio
RT @SenatorCollins: UPDATE–As of 4PM today, 1,816 Maine employers will receive $510,891,620 in Paycheck Protection Plan loans. These forgi… — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 7/7: Spoke to @stevenmnuchin1 early this morning about the need to begin work on replenishing #PPP funds soon. Despite logistical challenges over 10% of funds have already been committed in loans. Congress will need to add more money sooner than anticipated. — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 6/7: For new lenders, @SBAgov is working with Amazon Web Services & a systems integrator to develop a portal. Again, time is of the essence for this as well. — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 5/7: Access to the @SBAgov “E-Tran” system used by current SBA lenders remains a major problem. We have asked SBA for more information on who they are using & what their plan is for improving access to E-Tran. This MUST be corrected ASAP. — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 4/7: @SBAgov & @USTreasury have determined that independent contractors will apply for themselves,rather than through any employer they may contract with. The first date on which independent contractors and self-employed individuals may apply is this Friday, April 10. — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 3/7: @federalreserve announced today it will help clear up more space on lender balance sheets to issue #PPPloans by either making #PPP more attractive to secondary market buyers, or by buying #PPP loans from lenders directly. Details this week. — PolitiTweet.org
Marco Rubio @marcorubio
#PPP UPDATE 2/7: Still waiting for @SBAgov & @USTreasury to release a program guide for #PPPloans which would provide clarity on a number of questions still holding back some lenders. We need this NOW. — PolitiTweet.org
Marco Rubio @marcorubio
UPDATE on #PPP in thread below: 1/7: Several large FinTech companies are ready to join as lenders as soon as @USTreasury releases their nonbank lender form. This is very important as it will expand lending capacity dramatically especially for #SmallBusinesses locked out by bank — PolitiTweet.org
Marco Rubio @marcorubio
UPDATE:Progress on the #PPP item I tweeted about on Saturday. Today @federalreserve announced it will be creating a new facility to help lenders make #PPPloans. Details will be provided this week but I suspect they will be buying these loans from banks to free up more lending. — PolitiTweet.org
Marco Rubio @marcorubio
Second issue is that because of requirement in @SBAgov interim final rule that lenders hold loans for 7 weeks befor… https://t.co/lplccwCQYj
Marco Rubio @marcorubio
One uncertainty in #Florida on #PPP was whether lenders had to charge #SmallBusiness the documentary stamp tax. Today @GovRonDeSantis issued an executive suspending this tax on #Ppploans #Sayfie — PolitiTweet.org
Marco Rubio @marcorubio
Will see improvement today on #PPP: = New lenders,including online lenders starting up = @USTreasury issues FAQ’s to clear up various questions = Amazon upgrade to @SBAgov portal should get going Will take some days to get where need to be. But every day should be better. — PolitiTweet.org
Marco Rubio @marcorubio
We have to learn from the mistakes made in responding to #coronavirus . But it would be inexcusable to repeat those mistakes & be hit by a second wave of #Covid_19 later in the year. https://t.co/6HtOZc3A6w — PolitiTweet.org
Marco Rubio @marcorubio
Will be on @SquawkCNBC on @CNBC at 8:30am EDT to discuss #PPP #PPPloan & #Coronavirus — PolitiTweet.org
Marco Rubio @marcorubio
I am the LORD, LORD is my name; my glory I give to no other, nor my praise to idols. Isaiah 42:8 — PolitiTweet.org
Marco Rubio @marcorubio
Good! But it doesn’t mean the model is “wrong” What it would mean is we Americans, by complying with expert advice & govt orders and our heroic & brave medical professionals, are outperforming the model America is undefeated. And #WeWillWin again! — PolitiTweet.org
Brit Hume @brithume
The closely watched University of Washington model has another bad day. https://t.co/NuJeDXgJrh
Marco Rubio @marcorubio
🍾 💥 🎉 — PolitiTweet.org
Mario Diaz-Balart @MarioDB
Today, after being deemed #COVID19 free by my doctor, I was able to reunite with my family in Miami. Though still a… https://t.co/0LYzx753Bw
Marco Rubio @marcorubio
The tragic days ahead is a direct result of the fact that like almost every other nation the U.S. was late in preparing for #coronavirus We must NOT make that mistake again Even in midst of battle we MUST be working on what it will take to prevent a second wave later this year https://t.co/P2vjJjqCpc — PolitiTweet.org
Marco Rubio @marcorubio
U.S. Surgeon General with a stark warning about the difficult week ahead for our country. #WeWillWin but we must ALL do our part in the battle ahead. Every day counts. https://t.co/9lMXMbzPHM — PolitiTweet.org
Marco Rubio @marcorubio
Helping #SmallBusiness isn’t charity, its a national imperative: - 99.9% of all U.S. businesses - employ 59 million people & close to 50% of non-govt jobs - create 4 out of 10 new jobs - represent 45% of our nations GDP We MUST get #PPP to work https://t.co/Ym5CzXnT24 — PolitiTweet.org
Marco Rubio @marcorubio
Some signs of progress on #PPP. A #Florida bank with 4000 #PPPloans applications could only get 20 of its 70 officers onto ETRAN the @SBAgov portal at 4pm Saturday. SBA continues system upgrade & by 8pm all 70 had access. Here is a general update https://t.co/x8RWnXbbDP — PolitiTweet.org
Marco Rubio @marcorubio
#GatorNation @FloridaGators https://t.co/zmDzbLaOk3 — PolitiTweet.org
Marco Rubio @marcorubio
Exult greatly, O daughter Zion! Shout for joy, O daughter Jerusalem! Behold: your king is coming to you,a just savior is he,Humble, & riding on a donkey, on a colt, the foal of a donkey. Zechariah 9:9 — PolitiTweet.org
Marco Rubio @marcorubio
Yes rules for #PPPloans posted late Thu by @USTreasury b/c original rules too complicated And yes many lenders still confused Confusion being addressed & online lenders starting soon This is a new program launched with just 7 days, it must/will improve https://t.co/wutqdOMHi9 — PolitiTweet.org
Marco Rubio @marcorubio
Anxiety of #smallbusiness over crisis is understandable Please don’t be discouraged by 1st day challenges of #PPP Feds only had 7 days to launch brand new program from scratch to help over 60 million potential applicants Process must/will improve fast https://t.co/RB4qKTk4Hi — PolitiTweet.org
Marco Rubio @marcorubio
Good news. @BankofAmerica announced this morning they are opening up #Ppploans to all small business account holders, irrespective of whether or not they have a loan or credit card. Thank you for making the right decision. — PolitiTweet.org
Marco Rubio @marcorubio
When you launch something this unprecedented & far reaching,just 7 days after it became law,you are going to have some problems The GOOD NEWS is every problem we saw on Day One of #Ppploans can be fixed We will stay on it to make sure it gets better each day forward 13/13 — PolitiTweet.org
Marco Rubio @marcorubio
Eighth issue is money. Based on the demand we saw on Day One it is clear we will need more money for #PPP by late May. Our rough estimate is that if 2/3 of the lenders that will participate in #PPPloans aren’t up & running yet,the $349 billion will run out around 6 June. 12/13 — PolitiTweet.org
Marco Rubio @marcorubio
Seventh issue is that some community banks have reported issues with accessing the AWS portal which @SBAgov uses to provide access to non-SBA lenders. We have discussed this also with SBA which assured us they are addressing this problem. 11/13 — PolitiTweet.org
