Mnuchin says Congress must act to make key PPP change

Treasury Secretary Steve Mnuchin in an interview with The Hill on Thursday said Congress will have to act to make changes to the Paycheck Protection Program, such as extending the amount of time that small businesses have to use funds intended to help them survive the coronavirus pandemic. Mnuchin said he can’t extend the time period for spending money, as some businesses have called for, on his own. The period is now limited to eight weeks. “…