- The COVID 19 Guidelines to Open America back to business is attached for your information. Opening Up America Again – President Donald Trump released the White House’s guidelines on re-opening the American economy. The plan consists of three phases to gradually reopen the economy. The recommended guidelines are not mandatory, and Governors have discretion in reopening their respective economies.
- Resilient Louisiana Commission – Governor John Bel Edwards announced the creation of the Resilient Louisiana Commission. The commission is tasked with examining Louisiana’s economy amid the COVID-19 pandemic, and making recommendations for more resilient business-related activities and future commerce in light of COVID-19.
The 18-member panel includes Lt. Gov. Billy Nungesser, and will be co-chaired by Louisiana Economic Development Sec. Don Pierson and health care leader Terrie Sterling, a Baton Rouge consultant and retired executive from the Franciscan Missionaries of Our Lady Health System. The Commission includes three Committee of 100 members.
Other commission members will be:
- State Sen. Ronnie Johns, Senate Commerce chair, designee of Louisiana Senate President Page Cortez
- State Rep. Paula Davis, House Commerce chair, designee of Louisiana House Speaker Clay Schexnayder
- Scott Hensgens, PAR chairman; managing partner, Breazeale, Sachse & Wilson
- Tyron Picard, CABL chairman; founding principal, The Picard Group
- Tim Temple, C100 Louisiana vice chair; president and CEO, Temptan LLC
- Bill Hogan, representing Louisiana bankers; president and CEO, Century Next Bank
- Louis Reine, representing labor unions; Louisiana AFL-CIO president
- Michael R. LaFitte II, representing small businesses; owner, Shreveport Haberdashery
- Walt Leger III, representing tourism; senior vice president, general counsel, New Orleans & Company
- Ti Martin, representing restaurants; co-proprietor, Commander’s Palace
- Jade Brown-Russell, Urban League of Louisiana chair; principal, J.D. Russell Consulting
- Sonia Perez, representing Cybersecurity & Infrastructure Security Agency-essential industry; president, AT&T Louisiana
- Commissioner of Administration Jay Dardenne (ex-officio member)
- Secretary Kimberly Robinson, Louisiana Department of Revenue (ex-officio member)
- Dr. Jim Richardson, John Rhea Alumni Professor of Economics, LSU (ex-officio member)
Other leaders will be named to chair various task forces and will also serve as ex-officio members. Task forces will be focused on solutions for such critical sectors as energy and manufacturing; healthcare, including improved delivery of medical care, health equity and enhanced facilities; tourism, including hotels, gaming and related hospitality entities; rural development; education and workforce, with attention given to the training needs of displaced workers; and economic and community development, including strategies for making regions and communities more resilient in the face of future health care threats and other risks.
- First $350B of PPP Exhausted – With over 1.6M in committed loans, the first $350B tranche of the Paycheck Protection Program has been exhausted. Lawmakers fell short of an agreement on the next $250B round of coronavirus emergency aid today, as millions more Americans filed for employment benefits, bringing fresh urgency to the negotiations. “We think we’re going to need upwards of $1 trillion dollars in order to satisfy the demand of America’s small business,” said Richard Hunt, chief executive of the trade group Consumer Bankers Association. You can read more here.