Celebrating the Life of Jane Dee Hull, 20th Governor of the State of Arizona

The Honorable Jane Dee Hull, 20th Governor of the State of Arizona and her husband Dr. Terry Hull have died of natural causes.

“Through 25 years of public service, Governor Hull steered Arizona through sometimes turbulent political times, providing steady leadership and an unwavering commitment to doing what’s right and ethical. She will be remembered for her strength of conviction, grace and ability to bring people together for the long-time benefit of all Arizonans.” — Governor Douglas A. Ducey   

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Ortho’s Total Antibody Test for COVID-19 Receives Emergency Use Authorization from FDA

The U.S. Food and Drug Administration (FDA) today announced it granted Emergency Use Authorization to Ortho Clinical Diagnostics’ total antibody assay for COVID-19—the VITROS® Immunodiagnostic Products Anti-SARS-CoV-2 Total Reagent Pack and Calibrators. This test is one of the first high-throughput, automated* COVID-19 antibody tests to be granted Emergency Use Authorization.Continue reading

Treasury and Federal Reserve Board Announce New and Expanded Lending Programs to Provide up to $2.3 Trillion in Financing

WASHINGTON – Pursuant to section 13(3) of the Federal Reserve Act, U.S. Treasury Secretary Steven T. Mnuchin today approved the establishment of a Main Street Business Lending Program and a Municipal Liquidity Facility to support the flow of credit to American workers, businesses, States, counties, and cities impacted by the coronavirus pandemic.

Small and medium-sized businesses, through no fault of their own, have faced severe financial strain from widespread closures and liquidity pressures in the financial system. Using funds appropriated under the CARES Act, Treasury will make a $75 billion equity investment in a special purpose vehicle established to implement the Main Street Business Lending Program. This investment will enable up to $600 billion in new financing for businesses with up to 10,000 employees or $2.5 billion in 2019 annual revenues.Continue reading