And then limits the healthcare and economic devastation of the coven 18 pandemic some other parts of new york city have been very hard hit and suffering more deaths than other states in the country millions have lost their jobs and incomes with the Economic Impact for things to the wall street reform the nations Banking Sector but the initial impact of the crisis to restructure mortgages but ive had serious concerns of the i heimplementation with a Small Businesses thanks to the hard work of chairwoman waters and velasquez, the ppp program in the latest installment. So how long the nations banks and Credit Unions can endure the Current Crisis. And with a pdf i to overcome the challenge of the crisis. And over the objection of the new york delegations and the impact of the new York City Taxi drivers are already reeling from the pandemic. First i would like to thank you for being here today and your tireless efforts and respond to the covid19 crisis it is my hope we can have a meaningful
And the mobile machines will carry us around. So i think itll be in a doom which new choices will surface for us and we will be able to go a lot of places the novel have a big effect on our cities and at the same Time Companies and city governments will be able to manage our movements and that will result kinds of questions with privacy. Its the next stage of the internet revolution. If you imagine a scenario, los angeles 2028, what should we expect . One thing about information revolution, you cannot bet on dates. Weve seen it before with cell phones. My coauthor was in paris at the turnofthecentury and around the year 2000, we were predicting smart phones were going to change communication by 2003 and it turned out we were way early, they did not come until 2007. But the changes were important, los angeles in 2028, we will see a lot more choices, they will spend billions of dollars on public transportation, they will be cars that are semi autonomous running in certain parts of los an
Update from prudential regulators. This is a timely discussion as we engage with the nations prudential regulars amidst the health care and economic devastation of the covid19 pandemic. In queens in other parts of new york city have been very part hardhit. We at seven marquesas and more deaths than most states in the country. I did knit this healthcare cris millions have lost their jobs and loss of income compounded the Economic Impact. But thanks to the doddfrank wall street reform and the implication of the decade before the financial crisis, the nations Banking Sector has emerged and develop a bright spot with adequate capital and worked with clients to restructure mortgages and loans and extend credit. But but i that serious concerns about the implementations of the ppp Stimulus Program and the role some of the banks played and prioritizing loans are Large Companies rather than Small Businesses a minority community. But thanks to the hard work of chairwoman waters and chairwoman ve
Mr. Baker, this becoming age of mobility. You write did that so this book is about. What you mean about that pretty. John its an information revolution. Weve been watching it for the last half of century. It spread into computers and overwhelmed media and advertising in the spread into telephones and we are carrying on the internet wherever we went. And now in this next stage, the internet and the mobile machines we will be caring for they will be carrying us around so i think it is going to be an age in which all kinds of new choices going to surface for us and we are going to be able to, go a lot of places and will have a big effect our cities. And at same time, companies and city governments are going to be able to manage our movements and that will raise all kinds of questions about privacy. So is just the next stage of the internet revolution. It. Imagine a scenario, los angeles, 2028. What should be expect. One thing about information revolution is you cant bet on certain things.
Let me first say want to thank the chairwoman and ranked member mchenry and my colleagues and Ranking Members of the subcommittee and all my other colleagues for their participation in todays discussion on the update for prudential regulators that this is a timely amid the health care and economic devastation of the covid19 pandemic. In queens and other parts of new york city theyve been very hard hit. Plaintiffs suffered more cases more death than most states in the country. When amid the health care crises millions have lost their jobs and lost income compound in the Economic Impact but thanks to the doddfrank wall street reform and their implementation in the decades that followed the financial crisis the Banking Sector has emerged in a bright spot to buffer the initial impact of the crises and restructured mortgages and loans. I have had serious concerns about the implementation of the program in the road some of the banks in privatizing small distances and minority come into that