When the time comes, after the crisis has passed, we will put these emergency tools back in the tool box. I would stress that these are lending powers, not spending powers. I will also note that we design our facilities to work for broad ranges of businesses and municipalities. We do not target particular firms or industries. Elected officials make decisions about where to direct such target relief. The cares act and other legislation provide direct help to people, businesses, and communities. This direct support is making a critical difference. Not just in helping families and businesses, but also in limiting long lasting damage to our economy. Public faith in our operations depends on transparency. If the fed were committed to that, particularly in deploying our emergency powers. Thank you. I look forward to our questions. Thank you very much, chairman powell. I now recognize myself for five minutes for questions. As i mentioned in my opening, the pandemic is strengthening and so, to
Aid package in congress. The House Financial Services meeting is just over two hours. The i plan to continue the hearing if votes are called. Both of you have agreed to be here for two hours from the start of the hearing, and i thank you. The chair is authorized to declare recess of the committee anytime. The members and arresting those witnesses to the First Full Committee Hearing conducted by the committee on financial services. As the congress breaks new ground with these hearings, i want to remind members of the two matters including some required by the regulations accompanying the House Resolution 965 which established the framework for remote and hybrid committee proceedings. First i would ask all members to keep themselves muted when they are not being recognized. Members on the platform owner responsible for meeting and amusing themselves. The staff has been instructed not to mute members. Members on the platform are reminded they may attend one hearing at a times if they were
Economic aid package in congress. The House Financial Services hearing is just over two hours. The committee will come to order. First, i want to thank the chair mnuchin anatole for your patience as we wrap up our vote. The i plan to continue the hearing of the book are called. Both of you have agreed to be here for two hours, and i think you. So, without objection, the chair is authorized to declare recess at any time and i want to welcome all of the members and arresting those witnesses to the First Full Committee Hearing conducted by the committee on financial services. As the congress breaks new ground with these hearings, i want to remind members of the two matters including some required by the regulations accompanying the House Resolution 965 which established the framework for remote and hybrid committee proceedings. First i would ask all members to keep themselves muted when they are not being recognized. Members on the platform owner responsible for meeting and amusing themse
The i plan to continue the hearing of the book are called. Both of you have agreed to be here for two hours, and i think you. So, without objection, the chair is authorized to declare recess at any time and i want to welcome all of the members and arresting those witnesses to the First Full Committee Hearing conducted by the committee on financial services. As the congress breaks new ground with these hearings, i want to remind members of the two matters including some required by the regulations accompanying the House Resolution 965 which established the framework for remote and hybrid committee proceedings. First i would ask all members to keep themselves muted when they are not being recognized. Members on the platform owner responsible for meeting and amusing themselves. The staff has been instructed not to mute members. Members on the platform are reminded they may attend one hearing at a times if they were participating today please remain during the hearing. Members should try t
Receive lifesaving treatment from our pioneering doctors and hospitals and researchers and we do not expect the government to implement life denying. Last month without notifying congress the u. S. Citizen and Immigration Services, u. S. Dif, denied all nonmilitary deferred action requests most of these requests are made by sick immigrants and their families who seek to stay in the United States to receive critical medical care that is simply not available to them in their home countries. The administration decided to cast out some of the most vulnerable and defenseless people on earth and there are families across america whose children would essentially be sentenced to death eventually by this stunningly harsh and cruel policy. You were invited to participate in the medical study in her to be that extended her Life Expectancy by ten years. She relies on a weekly infusion is unavailable in her country and she will tell you about it. Mr. Sanchez whom i have met suffers from Cystic Fibr