Pelosi pushes need for money for smallest U.S. businesses

FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) makes a statement about coronavirus disease (COVID-19) economic relief legislation from the Speakers Lobby of the U.S. Capitol Building on Capitol Hill in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts/Pool

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said on Thursday the country’s smallest businesses need to be protected against the ravages of the coronavirus outbreak and pushed for $60 billion to be allocated to those enterprises in the next funding allocation.

“There is a disparity in access to capital in our country. We do not want this tragedy of a coronavirus to exacerbate that disparity or to ossify it, to solidify it,” Pelosi told reporters.

Reporting by David Morgan and Doina Chiacu; Editing by Chris Reese

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