WASHINGTON (Reuters) – U.S. Senate majority leader Mitch McConnell said on Monday he hoped the Senate would soon pass legislation already passed by the Democratic-controlled House of Representatives easing terms of the coronavirus small-business loan program.
“I hope and anticipate the Senate will soon take up and pass legislation that just passed the House, by an overwhelming vote of 417 to one, to further strengthen the Paycheck Protection Program so it continues working for small businesses that need our help,” McConnell, a Republican, said.
(Reporting by Patricia Zengerle and Susan Cornwell; Editing by Leslie Adler)