Former New Jersey Gov. Chris Christie has registered for the first time as a federal lobbyist. He'll lobby for CleanSlate Centers, a Tennessee-based chain of addiction treatment centers. 📷 Getty
— “About two weeks after the SBA made PPP loans available to gaming businesses, Full House secured two such loans totaling about $5.6 million, according to a. The company said that the funds would ‘be used principally to rehire several hundred employees’ and to prepare for the reopening of two of its casinos, neither of which were in Nevada: the Rising Star Casino Resort in Indiana and Bronco Billy’s Casino in Colorado.
— “A Lee spokesperson told The Daily Beast that she had no role in or knowledge of the PPP loans awarded to her husband’s company. ‘She is not involved in any aspect of Full House’s business or decision making,’ the spokesperson wrote. 'She had no influence over the decision to file the application, and she had no influence over whether or not that application was approved or denied.
— “The Fed selected BlackRock to run a groundbreaking program to buy hundreds of billions of dollars in debt from large companies slammed by the coronavirus crisis. But the firm's involvement has raised questions about potential conflicts of interest, since it is a dominant player in the markets where the Fed is intervening and can affect how the bond purchases are carried out. ‘They’re huge. They have tremendous influence,’ Rep.
, a member of the Congressional Progressive Caucus, said in an interview. ‘They’re not bound by the same regulations and rules as banks would be.’”
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