First Daughter Ivanka Trump has secured over $1.5 billion for cash strapped small businesses.
According to The Washington Examiner:
Ivanka Trump, President Trump’s jobs czar, and Treasury Secretary Steven Mnuchin have rallied American banks to pony up $1.6 billion to help small businesses and Main Street Americans crushed by the coronavirus.
Initiated at a mid-March meeting with banking leaders at the White House, several this week pledge millions of dollars of help to supplement the billions of dollars set aside by the administration and Congress for programs such as the Payroll Protection Plan.
Financial giants Bank of America, Goldman Sachs, JP Morgan Chase, Visa, Citibank, Wells Fargo, Mastercard, and smaller community outfits, Community Spirit Bank of Alabama and Mississippi, Michigan’s Grand Rapids State Bank, and Southern Bancorp of Arkansas, were part of a White House conference call Tuesday to announce their private help and outline their focus with the payroll plan.
“We are all in this fight together, as a country and as a nation. And so we called upon each of you to do more and to assist us in what is a really herculean effort,” said Ivanka Trump.
This program was born out of the Pledge to America’s Workers campaign that created over 5.3 million jobs.