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Beyond the CARES Act: The next phase of business relief programs

05.28.2020 - By PwCPlay

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Need an update on the legislative events in Washington impacting your company? We understand. To keep informed, Heather Horn is joined again by PwC’s Rohit Kumar and Michael O’Brien to summarize the government relief programs aimed at energizing the economy. Topics include:0:40 - Regulatory developments. We begin by discussing where we are in terms of the congressional and federal response to the coronavirus crisis.  6:03 - Implementation and challenges. Here we give an update on The CARES Act. How did implementation go and what changes were made? Michael and Rohit fill us in.17:15 - What’s next? We wrap up with thoughts on what listeners may see Congress do next. Rohit Kumar is Principal and Co-Leader of the PwC Tax Policy Services practice. In his role, Rohit advises clients on all aspects of domestic policy including tax policy. His insights and knowledge enable companies to assess critical policy issues more effectively and develop legislative strategies to address those issues from both a technical and political perspective. Prior to joining PwC, Mr. Kumar served as the Domestic Policy Director and Deputy Chief of Staff in the Office of Senate Republican Leader Mitch McConnell. Michael O'Brien is a Managing Director in the Office of Government, Regulatory Affairs & Public Policy. In his current role, Michael represents the firm and its interests before Congress, the Executive Branch, and Federal regulatory agencies. He has represented the firm on matters related to the implementation of Sarbanes-Oxley and Dodd-Frank, state and federal taxation, and litigation reform.   Heather Horn is PwC’s National office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series, as well as periodic webcasts for the power and utilities industry. With over 25 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.

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