50.8 F
New York
Sunday, November 29, 2020
Home Event Dan Schulman, CEO of Paypal, speaks about helping Federal Workers during the Govt Shutdown

Dan Schulman, CEO of Paypal, speaks about helping Federal Workers during the Govt Shutdown

Message from Paypal CEO Dan Schulman and their Stepping Up to Help Federal Workers During the Government Shutdown

Joining a list of institutions reaching out to Federal Employees affected by the recent government shutdown is PayPal with this message put forth by the company’s President and CEO.

January 18, 2019 | Dan Schulman

“”At PayPal, our values are not just printed on a wall somewhere, they drive our actions. Whether it’s fighting discrimination, standing up against hate, or working hard to build an inclusive workforce, our values are clear and drive our everyday behaviors. None of these acts or initiatives are ever fueled by politics, they are always a matter of values.

Our values are the catalyst behind our latest initiative: stepping up to help federal workers who are impacted by the shutdown. No matter where you stand on the issues, the fact is that 800,000 of our fellow Americans suddenly find themselves without a paycheck. With the average government employee taking home roughly $500 a week, many people were already struggling before the shutdown. There are bills to be paid, groceries and gas to be bought, families to support. These needs grow more urgent with each passing day.

Starting immediately, PayPal is offering an interest-free cash advance up to $500, the equivalent of one week’s take home pay, for any existing or new PayPal Credit customers who are federal employees, and are struggling to make ends meet. We have committed to fund up to $25 million of interest-free cash advances to help federal government employees pay for food, gas, and other everyday necessities. The program has been brought to life with the help of our partners at Synchrony and we hope that it can provide some relief and certainty in uncertain times.

I want to make sure as many affected federal employees as possible know about our program and take advantage of it. Please share this link with friends, family, or anyone in your extended network who may be impacted. The website 211.org also provides an extensive list of resources and services that companies are providing for those affected by the shutdown.

This is an example of companies having both the opportunity and the responsibility to step forward and help. Our mission at PayPal is to help drive financial health for all citizens. This is a time to put our products to purpose-led use, supporting the people around us who suddenly find themselves in a difficult spot. We’ve seen companies like AT&T, Wells Fargo, Kraft, Chase, and others offering assistance, and we are proud to stand with them for those who contribute so much to our public sector.””

NY AG James Report: Fundraisers Keep A Good Portion of Charitable Donations

Attorney General James Report Finds That Professional Fundraisers Retain Nearly One-Third of Charitable Campaign Donations; Some Retain More Than Half   New “Pennies for Charity” Report...

Governor Cuomo Announces State Police Crackdown on Impaired and Reckless Driving Over Thanksgiving Weekend

Governor Cuomo Announces State Police Crackdown on Impaired and Reckless Driving Over Thanksgiving Weekend State Police Issued Nearly 14,000 Tickets and Arrested 212 for DWI Statewide...

Magic on 34th Street: The World-Famous Macy’s Thanksgiving Day Parade®2020

Magic on 34th Street: The World-Famous Macy’s Thanksgiving Day Parade® Kicks Off the Holiday Season for Millions of Television Viewers Watching Safely at Home Reinvented to safely...

On David Dinkins’ Passing: Local Leaders and Figures Share Words in Honor and Remembrance

Local Leaders and Figures Share Words of Remembrance in Response to Mayor Dinkins' Death Numerous local leaders and figures shared honoring words of remembrance in...

NY Governor Cuomo Warns Hospitalizations May Triple to Over 6,000 in Next Few Weeks

NY Governor Cuomo Warns Hospitalizations May Triple to Over 6,000 in Next Few Weeks During his Press Briefing today, NY Governor Andrew Cuomo highlighted the...

Attorney General James Files Lawsuit Against Catholic Diocese Over Sexual Abuse of Minors

Attorney General James Takes Action Against Catholic Diocese of Buffalo for Failing to Protect Minors from Sexual Abuse by Clergy Church Leadership Failed to Respond...

Upcoming Events

Mount Vernon Hotel Museum & Garden: Virtual Holiday Candlelight Tour

Mount Vernon Hotel Museum & Garden: Virtual Holiday Candlelight Tour Step into the holiday season of 1830 with a magical tour of the Museum in...

Brooklyn’s Atlantic Avenue Annual Holiday Walk the Windows

Brooklyn’s Atlantic Avenue kicks off its annual holiday Walk the Windows featuring Shop and Dine promotions on November 28, 2020 Enjoy Atlantic Avenue’s annual Walk...

ASASE YAA presents RISE UP! A Virtual Benefit Concert

ASASE YAA presents RISE UP! A Virtual Benefit Concert to #EndSars FB Live & YouTube Broadcast on Thanksgiving Eve November 25, 2020 at 8:00...

PUMPKIN SMASH 2020 :: Hudson River Park

PUMPKIN SMASH 2020 :: Hudson River Park Saturday, November 7, 2020 11:00 am – 3:00 pm Chelsea Waterside 11th Avenue at 23rd Street Learn more at this official page… ""Hudson...

Virtual Panel Discussion of “A Wing and a Prayer”

Virtual Panel Discussion of "A Wing and a Prayer" November 8, 2020 Official Page... New York-based Sousa Mendes Foundation is presenting a free, open-to-the-public, virtual panel discussion. During...

Virtual Halloween Family Feud

Virtual special Halloween edition Family Feud Game October 29, 2020   Let's start the Family Feud! Play the fast-paced survey game based on the hit game show!...

Raising Spirits Virtual Performing Art Festival – 100% benefits gender equality and climate action

Raising Spirits Virtual Performing Art Festival - 100% benefits gender equality and climate action October 24, 2020 Musicians and performing artists are coming together from across...

About

Help for Those in Need

Tags