Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
And expressing deep remorse japan pledges never to repeat the tragedy of conflict as it marks 75 years since the end of the 2nd world war. Iran will be able to start buying conventional weapons again in october after the u. S. Failed to get a 13 year ban extended just one of the nation back to a vote at the u. N. Security council iran says the u. S. Has never been so isolates is now over the white house is threatening to find other ways to bring back sanctions from new york kristen salumi reports. It was a quick an unceremonious and to the United States efforts to extend the iranian arms embargo that is part of the war being if that follows you want to favor who was against 11 f. Abstentions the draft resolution has not been a doctor every failed to obtain that required number and a statement u. S. Secretary of state mike pompei o called it an inexcusable failure saying quote the Security Council paved the way for the worlds leading state sponsor of terrorism to buy and sell convention
Hello im down in jordan this is counting the cost on aljazeera your look at the world of business and economics this week corrupt. Banking and political clowns have destroyed lebanons economy people cant get access to their Bank Accounts billions have been moved out of the country. President trump wants to install his own man at the bank oversee latin americas recovery from the pandemic but some nations are opposed to the move. And the case of the gas power plant that wasnt built but the company was awarded billions of dollars nigeria goes to court to reverse that decision. Lebanon is bankrupt its been brought to its knees by the powerful Banking Industry and its ties to the political elite sometimes those times have been indistinguishable over 2 decades money flowed from citizens to enrich bankers and as the currency crisis unfolded they extinguished any hopes of a recovery by blocking reforms and restricting access to money ordinary citizens cant get hold of their money and are limit
Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Ed was the perfect jekyll and hyde. Gambling a lot of money, seeing hookers. Two worlds were about to collide. It was helterskelter. I need you to be honest. Now is the time for you to tell me. You get one shot at it. Im sorry. I just need a second. Cis sth a real surfer. Dicahis to this. And he loved it. Chris was tall, dark, and handsome. Women were drawn to him. Very allamerican surfer business casual, professional guy. Chris grew up in watsonville, california, which is outside of the beach town santa cruz. It was a place where he got really into things like wakeboarding and surfing. A good place for a guy who was athletic and liked to do stuff outdoors. I dont know many brothers that were as close as we were. We just had a unique bond. Ever since i was really little, he felt like he was there to protect me, to provide for me. Were he and paul always as close as they were towards, you know, in their later years . Always. Always, theyre just the best of friends. We had just a great c