Bryce Covert is an independent journalist writing about the economy. She is a contributing op-ed writer at the New York Times and a contributing writer at The Nation. Her writing has appeared in Time Magazine, the Washington Post, New York magazine, the New Republic, Slate, and others. She won a 2016 Exceptional Merit in Media Award from the National Women’s Political Caucus.
Banks Stand to Make $18 Billion in PPP Processing Fees From CARES Act
That’s money taken directly out of the $640 billion pot of funding Congress allocated to the PPP program.
A Bail Reform Tool Intended to Curb Mass Incarceration Has Only Replicated Biases in the Criminal Justice System
Kentucky was an early adopter of risk assessments in an effort to release more people without bail. But the algorithms are reproducing systemic inequities.
The Coronavirus CrisisThe Coronavirus Stimulus Discourages Aid to Small Business Owners With a Criminal Record
The Paycheck Protection Program, created by Congress through the CARES Act, is disqualifying and discouraging small business owners with felony convictions.
The Coronavirus CrisisSmall Business Owners Asked to Sign Onto PPP Loans With No Guarantee of Forgiveness
Small business owners have been asked to sign onto contracts for loan contracts saying “forgiveness may apply” — and no guidance on how to go about achieving it.