Ivanka Trump secures $1.6B for small businesses hit by virus | One America News Network

Ivanka Trump listens as President Donald Trump speaks during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)

OAN Newsroom
UPDATED 2:00 PM PT — Wednesday, April 8, 2020

Ivanka Trump has thanked the nation’s biggest banks for agreeing to help out small businesses. They will be providing over $1 billion in payroll funding to keep workers employed amid the pandemic.

Ivanka, who has been appointed as the president’s job czar, offered praise to financial giants like Goldman Sachs, J.P. Morgan, Chase, Citibank and Wells Fargo this week for supplementing programs like the Paycheck Protection Program.

The first daughter has partnered with Treasury Secretary Steven Mnuchin on these efforts. The move included private loans and forgiveness programs, which stemmed from Ivanka’s national jobs initiative, ‘Pledge to America’s Workers.’

“When we began making phone calls a couple of weeks ago to each of you, some of the largest lenders in the country,…we asked you to provide private sector driven relief to our incredible small businesses. You’ve answered that call. Among the things we’ve discussed and that you’ll announce today include policies that will offer debt relief to your clients and customers, payment deferrals, loan modifications, and outright hardship relief.” – Ivanka Trump, Senior White House Adviser

According to reports, we can expect Ivanka Trump to be taking larger role in helping craft new congressional stimulus legislation for small businesses in the coming weeks.

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President Donald Trump listens as Ivanka Trump speaks during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)