Struggling restaurant owners pin their hopes on a new recovery fund
CNN
The federal Restaurant Revitalization Fund launched last week, aiming to offer direct aid to struggling restaurant owners and caterers -- who were among the hardest hit by pandemic restrictions on gatherings.
The White House said that more than 180,000 applications were submitted in the first few days after the $28.6 billion program's May 3 launch. And on Monday, the Small Business Administration said it had already approved more than 16,000 applicants. Those applicants were drawn from a pool of women-owned, vet-owned and minority-owned restaurants, groups which are being given priority in the program's first three weeks.More Related News
The Republican-led House Select Subcommittee on the Coronavirus Pandemic on Thursday morning will send a letter to US Attorney General Merrick Garland referring a potential criminal case involving former New York Democratic Gov. Andrew Cuomo to the Department of Justice, alleging he lied to Congress.