3. Steven Mnuchin on the PPP's creation, controversies and legacy
As the U.S. economy was staring into the pandemic abyss in March 2020, Congress passed a $2.2 trillion stimulus package that included the Paycheck Protection Program (PPP) to quickly get forgivable loans to small businesses, so they could keep workers on payrolls.
- We dig into the creation and roll out of the PPP, from the multi-day negotiations and late night phone calls to estimations of how many businesses it helped, with former U.S. Treasury Secretary Steven Mnuchin.
- Plus, a conversation with Dayna Frank, CEO of Minneapolis music club First Ave.