Hey there! Here's some important news from Network Rail, if you're planning to catch a train

over the May Bank holiday weekends. From the 28th of April to the 1st of May, and from the 27th

to the 29th of May, Network Rail will be working to upgrade and improve the railway for us all.

And while most of the network will stay open, some train services will be affected.

So, be in the know before you go. Please check before you travel at

nationalrail.co.uk forward slash May.

Glad you're with us here on the Clark Howard Show, where we continue to help you with your

wallets. We deal through the effects of coronavirus. So, I want to give a quick update to you

on things that we're really supposed to be ready for prime time today.

Including the payroll protection program, the unemployment compensation, including the

federal additional $600. And these two programs that should have, well, the goal, I should say,

was to have these two programs ready to take off by today. And both are off to very, very

difficult starts. The payroll protection program has a revolt going on from banks. The

U.S. Department of the Treasury and the SBA did not issue the regulations till last night.

The regulations, the banks are very unhappy with the wording of several parts of the regulations.

And a number of banks are not going to process loans until they have clarification

from the federal government. Other banks have gone into a crouch position and said

when they do make loans, they're only going to make them to people who had existing relationships

with the bank, either back in 2019 or earlier, or earlier this year that they're not going to allow

someone to come in from a business who does not have an account with the bank and do an

application for the payroll protection program. The problem is the banks calculate that there's

just downside for them with the way the regulations were issued by the U.S. Treasury, that the banks

...