Native Tribes and Corporations Compete for Funding in Alaska

The Treasury’s position on relief fund distribution complicates situation.

With the approval of President Trump’s $2.2 trillion stimulus package, Alaskan Native American tribes are eligible to receive funding to the tune of $8 billion according to the CARES act. The challenge is that the Treasury department includes certain Alaskan corporations as part of their definition of “Alaskan entities.” Thus far, those Alaskan companies have received a large portion of that $8 billion while Alaskan tribes have received nothing.

A hearing was set up on Friday for the District Court in D.C. to hear the tribes’ request for a temporary restraining order. They would like to prevent the Treasury Department from giving more funds to corporations while they work to legally clarify the terms of the CARES act.

As the Lord Leads, Pray with Us…

That the Lord would protect the poor and lower class people during this crisis.
For the D.C. District Court to make a clear decision quickly to ensure swift action.
For the Department of the Treasury as they work to provide relief for the American people.

Sources: AP