President Trump Signs CARES Act Into Law

President Trump has signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. Passed unanimously by the U.S. Senate and House of Representatives, the CARES Act provides assistance to individuals, large corporations, small businesses, state and local governments, public health, education, and other safety net programs. The CARES Act represents the third aid package from Congress related to COVID-19.

For more information, see Deloitte's related Heads Up newsletters:

• Congress Shows That It CARES About Accounting Rules for Banks and Credit Unions .
• Highlights of the CARES Act .
• Frequently Asked Questions About Troubled Debt Restructurings Under the CARES Act and Interagency Statement .