Powell Says Getting Virus Under Control Is Vital for Economy

The transcript discusses concerns about economic withdrawal affecting public confidence. It highlights bipartisan Senate support for repurposing PPP funds to aid hard-hit businesses. The focus is on Main Street's recovery and the need for additional legislation, with a goal to pass it by the end of July.

What is the purpose of repurposing the 130 billion for PPP?

What is the speaker looking forward to in terms of legislation?