May 26, 2021 - Podcasts

Steven Mnuchin on the PPP's creation, controveries and legacy

As the U.S. economy stared into the pandemic abyss in March 2020, Congress passed a $2.2 trillion stimulus package that included the Paycheck Protection Program to quickly get forgivable loans to small businesses to keep workers on payrolls.

Axios Re:Cap digs into the formation and roll out of the PPP, from multi-day negotiations and late-night phone calls to estimates of how many businesses the program helped, with former Treasury Secretary Steven Mnuchin. Plus, a conversation about pandemic survival with Dayna Frank, CEO of legendary Minneapolis music club First Avenue.

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