Treasury Secretary Steve Mnuchin said Tuesday that there would be a “full review” of any company that received more than $2 million in the Paycheck Protection Program. The program has been criticized after large companies, including the Los Angeles Lakers, received big loans. Watch his remarks. Source
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Trump again says virus is “going to go away”
The president on Tuesday said the deadly coronavirus is “going to go away,” but the U.S. will be prepared in fall if it returns in another form. Source
House scraps plans to return to Capitol as Senate forges ahead
The Senate is still expected to return to the Capitol next week. Source
Filet mignon prices lowest in decade. (Coronavirus, of course)
Demand for beef tenderloin and other choice cuts typically eaten at restaurants is down sharply, along with prices. Source
Retailers beginning to reopen after coronavirus
GameStop and T-Mobile have reopened some stores. Other retailers could welcome back in-store customers soon. Source
Hillary Clinton endorses Joe Biden for president
Former Democratic presidential nominee Hillary Clinton endorsed Joe Biden for the job Tuesday. CBSN political reporter Caitlin Huey-Burns spoke to CBSN’s Reena Ninan about the impact of Clinton’s endorsement, as well as the latest on an accusation of sexual assault against Biden by a former staffer. Source
Companies could face “criminal liability” for keeping PPP loans
“The purpose of this program was not social welfare for big business,” the Treasury secretary said Source
Trump to issue order to keep meat processing plants open amid coronavirus crisis
The president plans to invoke the Defense Production Act to compel the plants to keep operating. Source
Pence forgoes a face mask at Mayo Clinic
The vice president told reporters he is tested regularly for the virus as vice president. Source
WWII veteran who raised more than $30 million for health care workers is deluged with 100th birthday cards
Captain Tom Moore, the 99-year-old British WWII veteran who raised millions of dollars for health care workers battling the coronavirus outbreak, has now received more than 125,000 cards ahead of his 100th birthday. The cards are on display at the school of his grandson, Benjie Ingram-Moore. Source