Speaker pelosis decision to suck create a select committee, and the speakers defense of former Vice President biden. Other topics included proxy voting, and discussing National Security issues over to knology. Rep. Mccarthy good afternoon. I want to thank you all for joining me. I do want to continue to pray for everyone who has lost loved ones from this virus. To thank those from the medical community, the Truck Drivers and the farmers to the grocery clerks to people working to keep the country still working. I cannot thank them enough for what they are doing, especially on the front lines. Ofave put together a group flight decks since we cannot be in person with one another. The first slide deck i would go to is some of the data we have we are stillkins suffering from the virus, but we are making progress. Scott gottlieb said today on a plateau. There are a couple things i take from this Johns Hopkins numbers from a positive sense of where i look at it, we have a downward trend, an uptick, at the same time we are doing that, we increase the number of testing. The other day, we were at 5 million. Now we are 6 million, we are doing almost a million a week. We are broadening the tests and we dont have that slope of coping upward, i view that as a positive flattening as tests continue to grow. It is important that we get to that point to go back to working as well. If you look at the second slide, or the third one, very sad news, weve got today the jobs, the historic job laws. We are at 30 million. This trend shows one of the worst economic damages coming out of where millions of americans are suffering. We look at the First Quarter gdp, contracted by 4. 8 in the First Quarter. The Second Quarter is predicted to be one of the worst in our history. It is important to reflect what has Congress Done so far, working with this administration, over 3 trillion in direct relief. You combine that with what the Federal Reserve is doing. That is about 7 trillion into the economy. A lot of it has been implemented. Thats why i refer to it as our Marshall Plan for main street. If you look at the fifth slide, im talking about ppp, that first group, we did 1. 6 million loans. We calculate that at about 30 million jobs saved. Nearly 5000 lenders. When we started this, there was only about 1800 lenders approved. The time we are putting money out, approving and expanding who can lend, we want to make sure community banks, finn tech is even in the process. Looking back at that, we have approved almost one million more loans. The volume of loans are made are 5300 lenders now from that process of 1800. We have done about another 90 billion. If you look at where the money is going from all those who are able to lend the money, about 587,000 of those loans come from 10 billion or less lenders. That is the smallest. Billion,on to 50 160,000 coming from banks over 10 billion. That is a positive sign the Smaller Banks are dealing directly with the smaller businesses out there. That is very important in what we are trying to see happen here. It is historic from the ability to save 30 million jobs. We got 30 million out there. That are unemployed. We are going to have to do much more. I sent around to all of our members, there was a great. Rticle he is out in silicon valley, a very smart individual. Created a lot of companies, runs a lot of companies now. He said it is a time to build, every step of the way, to everyone around us, we should be asking the question, what are you building . What are you building directly or helping other people to build or teaching other people to build, taking care of people who are building . If the work you are doing is not either leading to something being built or taking care of people directly, we need to get you in a position, an occupation, a career or you can contribute to building from all aspects. One thing i had done that i believe i sent out to all of you as well is an essay i put out there. How do we start rebuilding this country . And some of the great lessons we need to learn right now. Lessons webiggest need to learn is the dependency that the world has on china wind it comes to ppe and medicine. We did a Conference Call this week with all of our members. I had a couple experts on there. About what china has been doing to control different supply chains. If the medical supply chain, they have a monopoly on. In this essay, how do we go about breaking it . Now that we have 7 trillion going into the economy, we talk about more legislation, this is part of the recovery legislation that we need to do. We need to start consider this face for legislation, i want the republican and democrats to be serious about addressing this issue. That is why i am spending conferences over the phone, advising members, educating members on how big china has become in many of these supply chains. We have to look specifically at areas where we can improve cost and improvement. The Strategic National stockpile, two goals must be achieved within this country. We modernize the stockpile and we bring pharmaceutical manufacturing back to the u. S. You currently look at our Strategic National stockpile, it is unable to transfer itself to other federal agencies. What is happening when we build this stockpile, it tends to remain on the shelf until after things expire. What i am talking about with my members, and we have been flushing it out, we have been doing a number of calls, allow the private sector to keep stockpiles for the federal government. Then each year, they can sell it back in so we can have a modernized stockpile every single year. And we can go to our allies. We can tell our allies we would be willing to settle store their stockpile. Because we are finding what china done had some that had done to so many people, withholding medical equipment, in, allo get huawei these things china is trying to do that america would not, it. If we could modernize our stockpile, it would help to keep the supply chain back in america. It would be a sufficient one for any virus coming in the future, but it would also never expire. It would be modern in the process, and we would have the capability for the Publicprivate Partnership to be uptodate. And finally, we need to really look at a bold deregulatory agenda to bring manufacturing back to united states. Back to the united states. This includes extending unshackle itays to because we have to look at it from a different perspective. We cant just say you want the supply chain back. In america, we dont make aspirin, we dont make penicillin. The very basic things that china has control of. How do you bring it back . What china will do by having a communist country, they will go and dump in a market to break the private sector to be able to do that as well. If you compound that on top of it with the regulatory system, it takes five to seven years to build a manufacturing plant, and china comes in and dumps something you want to build, it breaks the ability to do it. We need to cut that down. We cant say it will take five to seven years and think we will break their supply chain, because where will they be 10 years from now . We need to get that down to 18 months to a year, so people know they can make this happen. And these are not just from a concept of a republican idea. These are american ideas. These are something we have to look at collectively if we are going to be able to be serious about legislation, serious about recovery. The lessons we have learned, weve got to make sure we never repeat the challenges we have now. Break the supply chain from china, never allowing them to have that great of an influence, looking at different supply chain routes, maybe not dealing with the virus if you are sitting and looking at in south dakota. China owns the manufacturing of our food. How much of the food chain do they control . Are they buying into our Energy Sector as well . We should look at every element of industry within america and analyze what percentage do china have control over that Critical Minerals for us to be able to produce and secure america for safety . Those are fundamentals that i think we can have happen. Thinking about what some of your questions may be, i have speak into this poker twice. I haves speak into the spoke spoken to the speaker twice. We are doing this press conference, i will call later. Working on how do we make congress get back to running . One thing i know is doctors go to work every day. But congress is not. Delivery drivers continue to work every day, but congress is not. Youve got those store clerks, youve got every element going to keep this country work in. I believe congress is essential. Send a letter ton the speaker two weeks now. I understand you are looking at states getting opened up, but no state opens up completely. At a Conference Call yesterday with the california delegation, from senator feinstein, Speaker Pelosi, gavin newsom, california is a diverse state. We are large. We are 40 million people. We are 12 of the nation. America is not exactly the same. If i look at the data, it was probably a week old. Unfortunately, the deaths that occurred from this virus that we never wanted to have happen, 55 last week was from new york and new jersey. How can we do this on a safe manner to make sure we have the tracing, that we know when we begin to open up that weve got to crawl before we walk, and walk before we run . In the meantime, we have to be prepared if a hotspot comes back up. We have to be prepared to tackle that, get on top of it, and make sure it does not spread. But how can we make sure congress can work from any from a Central Point of view moving forward . One of the proposals ive laid out to the democrats and from that letter, the speaker put together a committee of six members, three republicans and three democrats, and we met when we were in d. C. And had a Conference Call back in the district this week. I proposed dont bring all of congress back at once. We want to bring committees back. We want to keep social distance. Weve got armed services. We need to deal with the Defense Authorization act. Not stopped iran from putting their boats against us. This has not stopped china from trying to say they are pushing us out of the south china sea,. Russia. Ot stopped we cannot give a false impression that america is not prepared and we should not slow our time for preparedness. This is a critical bill that we do every single year. Armed services can be in the chambers, they can meet in the auditorium. More than enough space for social distancing. I have talked about with steny hoyer the idea of lets pledge together no political poison pills. Lets focus on policy. If somebody wants to play a political game, both sides vote that down and stick to policy. It is challenging because the public cant be there, so lets make sure the press is there. Testing continues to improve. I think people can be tested to be able to be in there. Get that work done, then youve got a product before you call somebody back. Transportation, same type of thing. Pick a big room. Small business had a hearing. I would bring back the sub committees on appropriations and give them the bigger rooms. Have them do the work. What will happen is you will have product that can be voted on by congress, from appropriations, from national defense, from others, and you dont have everyone back at once. As bills get done, you can pinpoint when they need to be voted on and you can bring members back. Maybe all the members are not back for an entire week. They are back for a few days to vote. We are all in three buildings. The size of all those rooms. We can limit the number of staff within each so you have social distancing. There are ways to do this safely, by working with the medical community and also making sure congress is doing the job it needs to happen. And i hope you will be able to do that. It is something that can work. I know one of the subcommittees on appropriations will come back next week and start their work. They can allow witnesses into that as well, doing it in a safe manner. We can get this process going. Unfortunately, i dont see the democrat leadership has agreed any of this agreed to any of this to make this go forward, and it continues to linger out there. And i think the American Public would like to see us do our job. With that, let me stop and see how we can take questions. We will begin the question and answer session. If you would like to ask a question, press 1. You will be prompted to record your name, so please be sure to unmute your phone. Once again, if you would like to ask a question, please press 1. One moment for your first question. The first question comes from mike debonis at the washington post. Your line is open. Hey, mr. Leader. Thanks for the call. Thanks for the update on the rules discussions. I dont know if you saw the speakers press conference. She indicated she is prepared to move forward with proxy voting when the house comes back, whenever that is. I want to ask you about that, your reaction to that, whether that is something you are willing to negotiate on. Second, she has said in the past couple days that she consulted that she consultedysician in with a attending physician in making these decisions regarding the house schedule. I want to know if you spoke to the attending physician. Do you agree with the concerns the speaker has put forward and the risks that are being entailed by bringing the house back with all the staff in full . Thank you. Rep. Mccarthy great question. We would not want to do anything without doing it safely. Thats why in my letter, i dont say bring the entire congress back and staff back at once. Crawl before you walk and walk before you run. Lets be prepared and see what we can do, just what states are doing out there. If you brought just committees back, and you are not bringing all the committees at once. I give you an example of three committees, of work that needs to be done right now. If you have these committees come back, dont have to meet in their regular committee rooms. One, i think they are probably too small for social distancing. Thats why you only bring a few back so they can use the chambers, the auditorium. Wide, vast areas. That is in a safe manner, especially when we were at the medical community. If you look how we were able to vote last time, we did in a manner that worked well. Alphabetical, you dont have to show up, you are able to get work done critical to the American Public. Staff is not there, only a select number of staff. We dont have all the members there, only the members in those committees would be working. If you brought everybody back today, which was unusual when i first heard the speaker and leader said, we are coming back on may 4, what were we going to vote on . Were you just going to bring everyone back . Thats why i want to look at a thoughtful way of doing it. Bring committees back, you were, do work, have the bills done, then tell people to come back. Once you start committees working, how you can do this safely, then you go to the next phase. You would bring more committees back that would have to get other work done. You can then maybe start a process if you really needed to. Monday through wednesday are just these committees, you select which committees. Monday and friday is when you vote in the house. Members are not there the entire week. You are limited the number of staffers you can be in the building based on the size of your office so you have social distancing. Thats the way you talk about with the medical community and others, the best way to go about doing it. Then you continue to keep if you are social distancing, when you are walking the halls, you are wearing masks. I had spoken to the speaker. I know she wanted to do the proxy. Before my conversation, these are the concerns i gave to the speaker and thats why she put the committee of six together to see if we can work through this. I have a real concern, if you go to proxies, i dont have the number right in front of me. But if you look at the number of people who came back, it was a pretty good number. The numbers who were missing were not that much higher than on average. On both sides. But we also found with proxies, one person could hold 200 proxies if they wanted to. And people of their power to the elected officials. And they hold them accountable. They dont lend their power to other members. I understand completely. There are members who can have certain challenges, can be in a group that theyve had lung problems and they cant be there. They should not be in that process. Maybe we can work something out. , from somebodyat holding it all the time, now that many of the democrats want to do this remotely, committees and others, i dont see how you negotiate a national Defense Authorization for nuclear and others over the technology that we have today. , from somebody holding it all we were doing a meeting. I consider myself pretty advanced in technology. We were doing it by microsoft teams. I had three computers and used it before going in, i put it onto my phone when the computers wouldnt work, then the house we were doing it by microsoftsye being used because it was my private phone. So how would you do this and how would you debate the National Security of america and you think somebody is not going to come in . We are not prepared for that. I know the democrats felt they could do this by an app and they were wrong. If you are going back with committees, you can get this done. We now have 30 million americans who are out of work. I dont think congress should sit back. Congress is essential and we can do this in a safe manner. I want to emphasize safe. When i looked at the First Quarters gdp, if you look, nearly of the First Quarter half decline in gdp was attributed to health care because there are certain things we did to prepare for the virus coming. We eliminated all these elective surgeries and others, which prepared so the hospital can bring people in. Past that. We have an opportunity. That would be some pentup need in the economy as well. How can we open that up in a safe manner . That would change economics at the same time. You can look at these different items and congress can do the same. Those who sit back and say, i cant do it because i cant bring everybody back at once, they are not being thoughtful about how the states and everyone else are doing it, too. There is a way to do this and the answer should not just be no. Next question, operator. Our next question comes from juliegrace bruskie. Your line is open. Just a moment. Now your line is open. Sorry about that. Yesterday, Speaker Pelosi named her choices for the select committee on coronavirus. I was wondering if you plan to select anyone to be on there . Rep. Mccarthy i told her from the beginning, i dont know why she would need this committee. As many of you know, we already have an oversight committee. In the cares act, we produce three new entities for accountability. One happened to be one within inspectors general, one from a congressional one. Every single one of those are not political. Inspector generals, the president up points, senate confirms, in the congressional one, all four leaders appoint somebody. Not one side or the other is weighted. We have made those picks before. They are to report to Congress Every 30 days. When the speaker told me she wanted to do this, she was concerned about price gouging when it came to ppe, masks, and others. Because of that timeframe, how are you going to do this . Why dont we work with the attorney general to go after anyone with price gouging and she got upset with me. Then she came back, she had already selected who could become chair of it without telling me what the mission of it is. Jim clyburn is a smart, political person. He is credited with getting joe biden the nomination when joe biden he is also the individual who told everybody he elected the thirdhighest person as majority whip, they lost a majority, he kept the job. You have to be politically smart to keep a job a majority whip and losing the majority. He went on to come backstage as the whip, who had joe biden the nominee, he told all his members that the coronavirus is an opportunity to restructure government into their liberal view. Politically, he is smart, he was to use things politically, she is trying to tell me this is a policy one. I read it and told her clearly that i view this as another impeachment committee, it is the only one that is looking at from a standpoint of that we created from cares, is what is not created after cares, that is weighted. There are more democrats than republicans. Theres nobody from the administration and there are no senators. It is a political appointed group. Then she says, let me see who you are point. She appoint maxine waters. See who you appoint. Then, she appoints maxine waters. Maxine waters advocated for impeaching the president before he was even sworn in. Maxine waters advocates that people go and confront in almost a violent form people that she fundamentally disagrees with philosophically, encouraged people to do that. They select raskin. Lets see what he has done. He is the person who represented the democrats in the rules committee to bring forth the impeachment proceedings inside the house, two days before the president was inaugurated, he at a rally said, lets impeach the president. We leave this program to take you live to michigan, where Governor Gretchen Whitmer is holding a virtual town hall meeting on the coronavirus pandemic. I am thinking about the nurses and doctors and police. The teachers who are helping students in this challenging time. Sanitation workers and childcare workers. Thank you for doing your part. Whether you are just staying home or have donated or been able to donate your food coop. We are in the midst of a global pandemic. Flatteneden the curve