Senators Hawley, Baldwin Ask FTC to Open Antitrust Investigation into Meatpackers Amid Plant Closures
Hawley, Blunt Urge Administration to Ensure Smaller Colleges & Universities With Work-Study Programs Are Eligible for CARES Act Funding
Today U.S. Senator Josh Hawley (R-Mo.) announced legislation to prohibit universities from receiving Higher Education Emergency Relief Funds from the CARES Act if they have an endowment larger than $10 billion, unless they first spend some of their own money on coronavirus-related financial assistance for students.
Under the proposal, universities with over $10 billion in endowments would have to spend 10 times the amount appropriated to them according to the formula in the CARES Act to be...