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Rep. Engel Submits Written Testimony Urging Federal Help for Non-Profits
April 17, 2020
WASHINGTON, April 17 -- Rep. Eliot Engel, D-New York, issued the following testimony:

Congressman Eliot L. Engel submitted written testimony to the Board of Governors of the Federal Reserve System urging the Fed to include substantial financial support for American non-profits as part of their new "Main Street Lending Program."

The program is currently set to provide $600 billion in bank lending to small and mid-sized businesses for coronavirus relief, but doe . . .

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