Combating extremism it had much more to do with the fact that this ban on telegram was completely ineffective and all about 15800000 dresses were being blocked out including accounts on amazon and google clouds it was severely affecting russian businesses but heres the most interesting part of it even though this ban has been in effect for 2 years there are 2 years that the russian government has said you cannot use telegram because it is a dangerous system to be used even though that was happening russian government had accounts on telegram including the Russian Foreign ministry and the Coronavirus Task force in russia they all have official telegram channels so we you know when youre losing this thing by attrition when you place a ban on using a Certain Service and the government into d. s are forced to use that service because so many people are on it thats a very interesting you say that. Being a little well have a critical would you that banning people from using it yet the govern
This ban on telegram was completely ineffective and all about 15800000 i view addresses were being blocked out including accounts on amazon and google clouds it was severely affecting russian businesses but heres the most interesting part of it even though this ban has been in effect for 2 years there are 2 years that the russian government has said you cannot use telegram because it is a dangerous system to be used even though that was happening in russian government had accounts on telegram including the Russian Foreign ministry and the Coronavirus Task force in russia they all have official telegram channels so we you know when youre losing this thing by attrition when you place a ban on using a Certain Service and the Government Entities are forced to use that service because so many people are thats a very interesting you say that ben being a little a little hypocritical would you that im banning people from using it yet the governments using a cell. Themselves could sound a littl
Field . On a number of occasions we have issued public statements and communications to our supervisory group. We dont want to be on a hair trigger to classify loans or call them loans or anything like that. We want to look at this as an unusual situation and be flexible and thoughtful about the way we do our jobs. Of course we havent been really supervising. Were only starting to supervise again. At the fed were going to do it remotely. Were not going to be visiting yet but that time will come i think fairly soon. But were doing training for our supervisors and things like that so we want to be we have also by the way, we have encouraged banks to use their buffers. And in a similar way that Mortgage Backed securities can. Do you think that the threat of clo is properly accounted for and can you discuss how the fed has been monitoring this risk . And thats not the case. We have really good information. We include them to the extent and we include them in our stress tests and we stress
Now, testimony from Federal Reserve chair Jerome Powell on Monetary Policy and the state of the u. S. Economy amid coronavirus. He spoke about low Interest Rates, unemployment numbers and what future Economic Growth and recovery could look like. Help in front of the House Financial Services committee, this is three hours. So the committee will come to order. Thank you. Without objection, the chair is authorized to declare a recess of the committee at any time. Members are reminded to keep their video function on at all times, even when theyre not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying h res 965, staff will only mute members and our witness as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules relating to order and decorum apply to this remote hearing. T
Lifted the ban on the private messaging Service Telegram russian Officials Say the ban was lifted after the company showed willingness to help with counterterrorism efforts telegram is a messaging company with over 400000000 active monthly users and it had been banned in russia since 20 teen Communications Watchdog odd source said in a statement. The war is dropping its demands to restrict access to Telegram Messenger in agreement with russias general Prosecutors Office now for more we are joined by bus. Juan and Christi I Ben lets start with you why was this ban lifted at this time and was a truly over telegrams founder saying that what he would do or he would do more actually to combat extremism. I think it had been very little to do with combating extremism it had much more to do with the fact that this ban on telegram was completely ineffective and all about 15800000 i p addresses were being blocked out including 8 counts on amazon and google clouds it was severely affecting russia