Black-Owned Businesses Are Especially Hurt By Coronavirus As Stimulus Package Stalls

One of the more understated casualties from the sudden economic and social distancing effects of the coronavirus has been Black-owned businesses. An untold number of small businesses have been disproportionately hurt by the coronavirus crisis as the nation’s top elected officials struggle to agree on how to provide financial relief for companies and taxpayers alike…

House Democrats Propose Widespread Student Loan Forgiveness

House Democrats unveiled a proposal to cancel student loan debt for millions of borrowers on Monday amid the coronavirus outbreak. The bill, called the Student Debt Relief Act, would cancel $30,000 in student debt for borrowers. The forgiveness would also be tax-free, meaning it would not be taxed as income. For those who owe more…

U.S. Senate Is Now Floating the Idea of a “Digital Dollar”

House Democrats scrubbed any mention of a digital dollar from the coronavirus relief bill Tuesday morning. Now, just a few hours later, the U.S. Senate has picked up the ball on a potential U.S. digital currency. According to CoinDesk, S. 3571 introduced by Sherrod Brown, proposes a digitized version of the U.S. dollar. The digital…