Wednesday, October 20, 2021

Banking associations ask for extension of CARES Act

The Oklahoma Bankers Association, the American Bankers Association and 50 other state and territorial bankers associations, co-signed a letter today to several congressional leaders thanking them for their leadership and support throughout the COVID-19 pandemic and urging them to extend the CARES Act.

The letter, addressed to Sen. Mike Crapo (R-Idaho), Sen. Sherrod Brown (R-Ohio), Rep. Maxine Waters (D-Calif.) and Rep. Patrick McHenry (R-N.C.), explained how the CARES Act provided relief to American public and it is critically important for the Act to be extended before the end of 2020.

Crapo is chairman, and Brown is a ranking member of the Senate Committee on Banking, Housing and Urban Affairs. Waters is chairperson, and McHenry is a ranking member of the House Committee on Financial Services.

You can download and read the letter by clicking here (.pdf).