Trump praises banks for expanding assistance to small businesses

American Banker
Tuesday, April 7, 2020

President Trump on Tuesday praised some of the country's largest financial firms for pledging to take new steps to help small businesses disrupted by the coronavirus. Trump heralded their plans as he hosted a video conference with leaders of banks, including Darrin Williams of Southern Bancorp. You can view the video call here; Williams begins speaking around 6:30. The participants — who also included executives from community banks — have been helping the Treasury Department and Small Business Administration distribute $349 billion for the Paycheck Protection Program.