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Transcripts For CSPAN2 House Hearing On COVID-19 Aid For States 20240712

The governors of new mexico, kansas and guam as well as douglas holtzeakin, former director of the Congressional Budget Office. This virtual hearing is just over four hours. The committee will come to order. Authorized to declare recess of the committee at any time. Before we begin todays hearing, i want to remind you of a few matters including some regulation accompanying House Resolution 965. I would ask all members to keep themselves on me was. This will minimize disturbances not being recognized with background noise they made only again one at a time. If you are participating today please remain with us during the hearing t that she recommends vendors identify themselves and facilitate the chairs recognition. I would also ask members to be patient this hearing is entitled the need for Financial Aid to americas states and territories during the pandemic. I now recognize myself for four minutes to give an Opening Statement of the 189,000 people have lost their lives to the virus las

Transcripts For CSPAN2 House Hearing On COVID-19 Aid For States 20240712

And extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Brutality in the streets in many communities. Families across the country suffer [indiscernible] about the challenges their faces and the response needed from the federal government in this international crisis. I recognize the Ranking Member of the committee for four minutes. I think the chairwoman for yielding. Here we are again. We are having hearing about a bill the house passed four months ago that has no chance of becoming a law. The committee is being used to prioriti

Transcripts For CSPAN House Hearing On COVID-19 Aid For States 20240712

Would anybody trust a vaccine coming out of this administration . And when it is [indiscernible] we are having technical problems with our live feed, but we are working to fix the problem and when you back to the discussion shortly. [no audio] second round of economic stimulus payments to families and extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Brutality in the streets in many communities. Families across the country suffer [indiscernible] about the challenges their faces and the response needed from the federal governmen

Transcripts For BLOOMBERG Bloomberg Markets European Close 20171128

We are supposed hold back on that final decision and listen carefully to each others views, all the governors. Thats how we do it out of respect for each other. I think the case for raising Interest Rates at our next meeting is coming together. Senator heller you anticipate we will be raising rates in december . Jerome powell to repeat myself, im not going to give you a specific answer on december. Senator heller thats why i asked the question again. Jerome powell the conditions are supportive of doing that and we need to have the meeting and listen to each other. It we are not supposed to be saying exactly what we are going to do before we listen to one another. Thank you for being here and thank you for taking the time. Senator warren the on your nomination. Before the crisis, the fed had a lot of authority to regulate and supervise the biggest banks, but they failed to use that authority. When times were good, it looked like we did not need strong rules during when things went south

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