Coronavirus affects the economy with a hearing on the loan program created to help Small Businesses during the pandemic, including failures in the application process and wait times for receiving loans. From the house Small Business committee, this is about two hours. Good morning. Order. This hearing to the chair istion, authorized to declare a recess at any time. Everyone,thank especially our witness, for joining us today for our hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. Thatembers are reminded they are expected to adhere to these standing rules, including decorum. With that said, the technology we are utilizing today requires us to make some small modifications to ensure that members can fully participate in these proceedings. Period designated by the speaker, the committee will resolutioner house under subsequent guidance from the rul
Again. Microsoft, amazon all hitting record highs the nasdaq flirting with another record close despite the Broader Markets selling off. 59 minutes left of the session sar yash sara, were down. 5 . We have big guests coming your way well be speaking with Loretta Mester about the economic signs she is seeing in america and how the fed is weighing the spike in cases. And the rollback of the reopening measures across this country. Shes a Voting Member of the fed. Plus, 150 million, that is how much Deutsche Bank agreed to pay in the settlement with regulators over the dealings with Jeffrey Epstein Deutsche Banks ceo will join us to talk about that settlement and a whole lot more an important update on the business lets get straight to the big stories were watching with one hour left of trade mike santoli tracking the market meg terrell has details on a 1. 6 billion as part of the operation warp speed effort to battle the coronavirus and get a vaccine. And phil lebeau has the latest on the
With a video connection please keep your camera on. If you go to another proceeding please exit this one on we will recognize each member in the time slot provided during the preceding. And with the next appropriate spot for the remainder of their time once the issues have been resolved. During testimony as staff address the technical issues. I may need to recess the proceedings for the witness to reconnect and finally remember to be muted until you are recognized to minimize the background noise. The House Resolution 965 if there is too much background noise should a member want to be recognize they must unmute themselves at the appropriate time. We are also following the health and safety guidelines issues that include social distancing we urge members on staff to where a mask at all times and thank you for your commitment to a safe environment for all who are here today. Last night on the eve of the date the Paycheck Protection Program expires the Senate Passes a bill from the incep
With a video connection please keep your camera on. If you go to another proceeding please exit this one on we will recognize each member in the time slot provided during the preceding. And with the next appropriate spot for the remainder of their time once the issues have been resolved. During testimony as staff address the technical issues. I may need to recess the proceedings for the witness to reconnect and finally remember to be muted until you are recognized to minimize the background noise. The House Resolution 965 if there is too much background noise should a member want to be recognize they must unmute themselves at the appropriate time. We are also following the health and safety guidelines issues that include social distancing we urge members on staff to where a mask at all times and thank you for your commitment to a safe environment for all who are here today. Last night on the eve of the date the Paycheck Protection Program expires the Senate Passes a bill from the incep
Around Farming Development 1st is destruction of mexicos fast rain forests and sport now skara launches an investigation after a noose was found in the garage style of driver bubble wallace meanwhile the Confederate Flag was flying above the track in alabama with the words d. Final now scar after it was banned from all racing bangit. So then the world has recorded its worst day yet for new cases the coronavirus more than 183000. 00 infections were reported on sunday that takes the total close to 9000000. 00 and its rising at an alarming rate in the country where the president dismissed it as just a little flu deaths in brazil not exceed 50000 likes here brian. Brazils deep divisions playing out on the streets of its major cities with some marching in support of president jaya balls and arrows. And opponents determined he should step down. But the moca fear we are here in defense of democracy and asking for sonora to leave this president who asserts the peoples power and is committing a