Economic Relief Related to the COVID-19 Pandemic

Jan 27, 2021

Summary

Tells all government groups to find ways to help people, families, and businesses hurt by the COVID-19 money crisis.

What problem does this solve?

The COVID-19 pandemic caused a major economic crisis, closing businesses, causing job loss, and making it hard for families to get by. This order directs the entire federal government to use its resources to find and take actions that help people, businesses, and local governments recover.

What does this order do?

Requires agencies to identify relief actions

Tells all executive departments and agencies to find ways they can use their current powers to help with the economic problems caused by the pandemic.

Prioritizes greatest relief

Instructs agencies to focus on actions that give the most help to individuals, families, small businesses, and state, local, Tribal, and territorial governments.

Encourages independent agency participation

Strongly encourages independent federal agencies to also take part in providing economic relief, expanding the government's overall response.

Who does this affect?

Individuals and families
Small businesses
State, local, Tribal, and territorial governments

What is the real world impact?

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Mobilizes the entire federal government for economic recovery

Directs all federal agencies to use their existing powers to help people and businesses hurt by the pandemic. This ensures a coordinated, government-wide effort to address the economic crisis without waiting for new laws.

When does this start?

This order takes effect immediately as of January 22, 2021.