Rep. Richmond Statement on Collateral Consequences of Changes to the Paycheck Protection Program

April 6, 2020
Press Release

Washington, D.C.- Today, Congressman Cedric Richmond (LA-02) issued the following statement after sending a letter to the U.S. Department of the Treasury and Small Business Administration in opposition to recent guidance on the Paycheck Protection Program:

“True leadership is doing the right thing in times of discomfort and crisis, even when it is not what you would like to do,” said Rep. Richmond. “This weekend, my colleagues and I sent a letter to the U.S. Department of the Treasury and Small Business Administration voicing our concerns about the Paycheck Protection Program Interim Final Rule. This rule, which is egregiously inconsistent with congressional intent, senselessly attacks business owners who were formerly incarcerated, are currently on probation, and even those who have not been convicted at all. Last time I checked, doing the right thing in the midst of a global pandemic does not include picking who deserves relief and who deserves to be discriminated against. The federal government should extend its empathy and mercy to all who have been impacted by COVID-19, regardless of past adversity.

“As we approach Resurrection Sunday, let us remember its core principles of peace, mercy, and forgiveness. As leaders in the legislative and executive branches of our country, those we serve are counting on us to show empathy and act responsibly with their best interests in mind. We must continue to walk our talk in the name of progressive criminal justice reform and ensure those who have been incarcerated or are on probation have an equal opportunity now more than ever.”

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