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(Kansas City, MO) – United States Representatives Emanuel Cleaver, II (D-MO), Gregory Meeks (D-NY), and Joyce Beatty (D-OH) issued a letter to Federal Reserve Chairman Jerome Powell calling on the Fed to include minority-owned asset managers and broker deals as partners in the implementation of its capital markets and liquidity programs.

In the letter, the lawmakers wrote:

April 10, 2020

(Kansas City, MO) – Last week, Gordon Smith and Daniel Pinto, Co-Presidents and COOs for JPMorgan Chase (JPMC), issued a memo to JPMC employees announcing initial steps the bank will take to foster a more diverse and inclusive atmosphere at the largest bank in the United States.

(Kansas City, MO) – Today, United States Representatives Emanuel Cleaver, II (D-MO), Ayanna Pressley (D-MA), Rashida Tlaib (D-MI), and Senator Kamala Harris (D-CA), along with 57 other members of Congress, called for direct cash assistance for Americans to continue on a monthly basis until the coronavirus pandemic subsides.

In a bicameral letter to Speaker Pelosi, Majority Leader McConnell, Minority Leader Schumer, and Minority Leader McCarthy, the lawmakers wrote:

(Washington, D.C.) – Today, United States Representative Emanuel Cleaver, II (D-MO) introduced H.R. 6457, the Disaster and Emergency Pricing Abuse Prevention Act, to combat predatory price gouging tactics, which have surged during the coronavirus pandemic. Cleaver's bill would prohibit excessive and unjustified price increases in the sale of essential goods and services in anticipation of, during, or immediately following a pandemic, natural disaster, or state of emergency. Senator Amy Klobuchar (D-MN) has sponsored and introduced the same bill in the U.S. Senate.

(Kansas City, MO) - United States Representatives Emanuel Cleaver, II (D-MO) and Wm. Lacy Clay (D-MO) have called for the Small Business Administration (SBA) to establish a national hotline for financial institutions and borrowers seeking to access the Paycheck Protection Program (PPP), a lending program created with passage of the CARES Act last month. Cleaver and Clay also called for an immediate all-member congressional briefing from the SBA and Treasury Department to answer questions congressional offices have received regarding the newfound program.

(Kansas City, MO) - Today, United States Representative Emanuel Cleaver, II (D-MO) urged Treasury Secretary Steven Mnuchin to provide Kansas City with direct funding from the $150 billion COVID-19 Relief Fund set up for states and major cities under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

(Kansas City, MO) – Today, the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide critical funding to our national healthcare system and much-needed economic relief to American workers and small businesses dealing with the impact of the COVID-19 pandemic. United States Representative Emanuel Cleaver, II (D-MO) applauded passage of the historic legislation, which will now go to the President's desk for signature.