; (B) the Families First Coronavirus Response Act ( Public Law 116–127 ); (C) the Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act ), H.R. 748 (116th Congress); and (D) any successor legislation to the same general intent and effect as the legislation described in subparagraphs (A), (B), and (C). (4) Exchange stabilization fund The term Exchange Stabilization Fund means the assistance program for distressed sectors of the United States economy that is established by the CARES Act, H.R. 748 (116th Congress) (or any successor program established by Federal law). 4. COVID-19 relief oversight board (a) Establishment There is established a COVID-19 Relief Oversight Board, which shall be responsible for— (1) reviewing the exercise of authority under the COVID-19 Relief Program that relates to policies implemented to— (A) increase loan forgiveness, loan eligibility, and loan deferment of eligible small businesses under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ); (B) extend grants or other forms of financial assistance to business concerns in response to the outbreak of COVID-19; (C) make resources available, through the Medicare and Medicaid programs, to hospitals and long-term care facilities for the elderly in response to the COVID-19 outbreak; and (D) extend emergency relief to distressed sectors of the United States economy through the Exchange Stabilization Fund of the Department of the Treasury; (2) reviewing the effect of such policies and initiatives in mitigating supply chain disruptions, preventing disruptions in the distribution and sales of products and services, and ensuring the sustainability of distressed sectors of the United States economy due to the COVID-19 outbreak; (3) making recommendations, as appropriate, to the Administrator of the Small Business Administration, the Secretary of the Treasury, the Secretary of Commerce, the Secretary of Health and Human Services, and the Secretary of Transportation regarding use of such statutory authority