• Yesterday, the Federal Reserve issued a final interim rule regarding the Paycheck Protection Program (PPP). The full Regulatory Capital Rule includes background on the program, the interim final rule, and a breakdown of the administrative law matters.
  • Yesterday, the Federal Reserve also announced that it is taking action to provide up to $2.3 trillion in loans to support the economy! The loans will go towards:
    • Employers of all sizes, unlike many of the programs announced recently, which have largely been focused on small businesses
    • However, they also wants to bolster those aforementioned small business programs by “ensuring credit flows to small and mid-sized businesses with the purchase of up to $600 billion in loans through the Main Street Lending Program”
    • “Establishing a Municipal Liquidity Facility that will offer up to $500 billion in lending to states and municipalities”
    • For more information, click here
  • Yesterday, the CDC issued updated guidance for critical infrastructure workers who may have been exposed to the virus. Importantly, the CDC advises that infrastructure workers who were potentially exposed to the virus are permitted to work if they remain asymptomatic and take additional precautions.
  • “Zoombombing”, or the hijacking of public meetings on the Zoom by those looking to harass or disrupt, is becoming increasingly common as local governments and other organizations rely on video conferencing to conduct their business. Zoom continues to offer practical advice to protect your meetings from Zoombombing. For a list of this advice, click here.
  • The Federal Office of Personnel Management continues to issue advice memorandums, including advice for HR Directors. For a full list of transmittals, click here.
    • One example of the kind of advice these memos offer is temporary procedures for personnel vetting and appointment of new employees during the crisis. Most offices in charge of fingerprinting are closed, so this memo includes guidance on onboarding when fingerprinting is not immediately available. For this specific memo, click here.
  • The Recreation and Park Department of San Francisco announced today that it will keep centers open to provide care for the children of health care workers, first responders, and other essential City employees through at least June 2nd.
    • There are 28 locations throughout the city, and they are accepting children from kindergarten to eighth grade. Hours are 6:30am – 7:30pm.
    • There are many precautions in place to comply with social distancing and health and safety recommendations
    • For more information, click here

For more information about COVID-19’s impact on California’s political and administrative landscape, visit our coronavirus webpage.

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