He was working on federal issues. And time when fiscal policy the interaction is critical, it is hard to argue we would have anyone better than jay powell. Thank you for coming back to the peterson institute, chairman powell. Thank you very much, adam. It is great to be back. I have some brief remarks and then i will look forward to our discussion. The coronavirus has left a devastating humid and economic toll in its wake. It has spread around the globe. This is a Worldwide Public Health crisis and Health Care Workers have been first responders, showing courage and determination and earning our lasting gratitude. So have the legions of other essential workers that have put themselves at risk every day on our behalf. As a nation, we have temporarily withdrawn from any economic and social activity to help slow the spread of the virus. Some sectors of the economy have been effectively closed since mid march. People have put their lives and livelihoods on hold, making enormous sacrifices t