Is a Third Round of Funding for the Paycheck Protection Program Coming? Kudlow Says 'Maybe'

Although there has been no specific commitment, National Economic Council Director Larry Kudlow did not rule out a third round of funding for the Paycheck Protection Program (PPP). 

Kudlow over the weekend told CNN's Jake Tapper on "State of the Union" that a third round of PPP, which issues emergency loans to struggling small businesses, may be needed. "We waited a little bit too long, I thought, when the last tranche ran out," he said. "Let's not make the same mistake again." 

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Source Fool.com