Happy Friday and welcome to On The Money. I’m Sylvan Lane, and here’s your evening guide to everything to do with your bills, your bank account, and your bottom line.

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THE BIG DEAL: The Treasury and SBA Disclose Small Business Loans of $ 150,000 and Over:

The Department of the Treasury and the Small Business Administration (SBA) announced Friday that they would reveal the beneficiaries of loans of $ 150,000 or more issued through the Paycheck Protection Program (PPP) after increasing pressure from Congress.

The SBA will disclose the names, addresses, classification codes, zip codes, type of business, demographics, nonprofit information, jobs supported and loan amount of each business to receive emergency coronavirus relief loan of at least $ 150,000. The loan amount will be disclosed within a range and not a specific amount.

The announcement comes as lawmakers increasingly respond to the lack of transparency of the more than $ 500 million loaned under the PPP, which is intended to help small businesses survive during the coronavirus pandemic.

secretary of the treasury Steven mnuchinSteven MnuchinMenendez and Rubio Ask Yellen to Investigate JBS Meat Packer The Hill’s Morning Report – Presented by Goldman Sachs – Biden rallies Senate MPs behind gigantic spending plan Mnuchin dodges CNBC questions about whether Trump is lying on the elections PLUS said earlier this week that he was open to bipartisan discussions with lawmakers over the disclosure of PPP loans.

Mnuchin said in a statement Friday that he was happy to reach an agreement to create “the appropriate balance between public transparency, while protecting the payroll and personal income information of small businesses, sole proprietors and entrepreneurs. independent “.

LEAD THE DAY

Apple is closing stores in states with peaks in coronavirus cases: Apple closes 11 stores across the US in areas with coronavirus cases start to climb again.

The company said on Friday it would close stores in Florida, Arizona, North Carolina and South Carolina that had recently reopened.

“Due to the current COVID-19 conditions in some of the communities we serve, we are temporarily closing stores in these areas,” the company said in a statement. “We are taking this step with great caution as we monitor the situation closely and look forward to reuniting with our teams and customers as soon as possible.”

Artists call on Congress to help clubs and concert halls during the pandemic: Several hundred musicians and performers, including Billy Joel, Whoopi goldbergWhoopi Goldberg ‘The View’ plans a series of conservative women as temporary replacements for McCain Meghan McCain predicts DeSantis would put Harris ‘in the ground’ in 2024 Meghan McCain to produce the lifetime film ‘Don’t Sweat the Small Stuff’ with Heather Locklear PLUS and Billie Eilish – signed a letter calling on Congress to help the club and concert halls in trouble during the coronavirus pandemic.

The National Independent Venue Association (NIVA), which is made up of club and concert hall owners, spearheaded Thursday’s letter calling for federal aid for independent concert halls.

“We urge you to remember that we are the nation that gave the world jazz, country, rock & roll, bluegrass, hip hop, metal, blues and R&B. Entertainment is the United States’ largest economic export, with songs written and produced by American artists sung all over the world, ”the letter read.

NIVA pushed Congress to provide the sites with tax breaks, unemployment insurance, mortgage and rent forbearance, a business stimulus fund, and a deferral of existing debt.

IN THE PRESS NEXT WEEK

On Monday:

• The House Education and Labor Committee holds a virtual hearing titled “Inequities Exposed: How COVID-19 Expanded Racial Inequalities in Education, Health and the Workforce,” 12 p.m.

Tuesday:

• A House Ways and Means Subcommittee holds a hearing titled “The Child Care Crisis and the Coronavirus Pandemic,” 2:00 p.m.
• President and Chairman of Kimberly Reed Import-Export Bank testify in front the Senate Banking Committee, 2:30 p.m.
• The House Budget Committee holds a virtual hearing titled “Health and Wealth Inequalities in America: How COVID-19 Makes Clear the Need for Change,” 2:30 p.m.

Wednesday:

• The Senate Budget Committee holds an appointment hearing on Derek T. Kan as Deputy Director of the White House Office of Management and Budget, 2:30 p.m.

Thusday:

• A House Financial Services Subcommittee holds a virtual hearing titled “Capital Markets and Emergency Lending in the Age of COVID-19,” 12 noon

Recap the week with On The Money:

• On Monday: Rising Coronavirus Cases Fuel Lockdown Fears | Mnuchin Says He Will Have Biparty Discussions On P3 Oversight | Fed launches emergency business loan program

• Tuesday: Fed chief says full recession recovery “unlikely” until coronavirus is contained | Congress ready to fight for expiration of unemployment aid | CBO: COVID-19 emergency bills will add $ 2.4 trillion to deficit

• Wednesday: Powell urges Congress to continue increasing unemployment benefits “in one form or another” | Trade chief denies Bolton claims Trump asked Xi for election aid | Trump administration releases new PPP loan forgiveness forms

• Thusday: Trump says “decoupling” from China is on the table | More than 1.5 million people file new unemployment claims in the second week of June | Democrats unveil $ 1.5 trillion infrastructure plan