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Gyms, hotels, bus companies make last-ditch plea for aid
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SPACs STRIKE BACK: As financial regulators and lawmakers begin to take a closer look at the explosion of SPACs, or special purpose acquisition companies, the industry is banding together to form a trade group to serve as its voice in Washington. The
“It’s critical we support the fitness industry to help bring back jobs and provide Americans with opportunities to improve their fitness during this public health crisis. I’m proud to introduce this bipartisan bill that will help ensure gyms and fitness centers have the resources they need to get to the other side of this pandemic,” Duckworth said in a statement.
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The Community Gyms Coalition, which represents 15,000 gyms struggling through the pandemic, has endorsed the House and Senate legislation. The coalition includes big-name fitness studios such as CrossFit, SolidCore, Pure Barre, Orange Theory and ClassPass.
The Global Health and Fitness Association has also endorsed the legislation.
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Why gym operators say Congress needs to pass $30B in COVID relief
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