This week, both the House and the Senate passed the Paycheck Protection Program Flexibility Act extension. This extension, now only waiting for the President's expected signature, will extend expense forgiveness from eight to 24 weeks, reduce payroll ratio from 75% to 60% and extend rehiring workers from Jun. 30 to Dec. 31. Another point of contention from the previous bill was also addressed: the bill now allows exemptions from forgiveness requirements if employers can document in good faith their inability to rehire certain workers who were employed as of Feb. 15, or similarly qualified workers before Dec. 31.
While Congress was voting on the PPP, protestors took to the streets to demand justice for the killing of George Floyd at the police's hands in Minneapolis. In what has become over a week of continuous protests, violence has taken over the headlines instead of the Black Lives Matter message. On Jun. 1, David McAtee, owner of YaYa's BBQ in Louisville, KY, was reportedly shot and killed by police during a community gathering. The police were not wearing body cameras at the time. McAtee was considered a pillar of the community, often donating food from his restaurant to those in need. He was 53 years old.
During Restaurant Hospitality's own leadership event Restaurants Rise, happening this week, industry leaders took time during their panels to speak about the current political movement and express their support for Black Lives Matter. From leaders at DoorDash to Wingstop to Smokey Bones and Restaurant Hospitality's own Group Publisher, there was no holding back as the industry was vocal about their outrage.
See what else was trending on Restaurant Hospitality during this turbulent week.