President bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Time eitherfirst dr. Bernanke or dr. Yellen have testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out of experts with extraordinary experience. As Congress Works to end the economic crisis and enable a strong recovery, we are fortunate to benefit from their individual insights and gain from their unique position as Federal Reserve chairs in the last economic crisis and recovery. I want to thank both of them for agreeing to testify today. Crisis, thento this coronavirus pandemic continues to spiral out of control. Today, over 3 million americans have tested positive for the virus, including a recordbreaking 75,600 confirmed yesterday. Than
Committee in january of 2019 and i quote, the United States and the world will remain vulnerable to the next pandemic where large scale outbreak of contagious disease that could lead to massive rates of death and disability, severely affect the world economy, strain international resources, and increase calls from the United States for support. We must ask ourselves what are the warnings and what can we do right now to protect the American People from other threats. Before the unthinkable happens in the future, how can we exercise strategic and precisive foresight to the best of our ability today to ensure are a nation prepared for tomorrow. That same worldwide threat assessment Cyber Attacks is a top global threat with china, russia, iran, and north korea. Raging a silent war capable of shutting down with such Information Systems and critical sectors in america. The report states, and i quote, our adversaries and strategic competitors increasingly use the Cyber Capabilities including
Jonathan likewise. Thank you for being here. I mentioned that you were the health secretary. You were a member of congress. They gave you incredible insight how to deal with the coronavirus early on. You declared a state wide Health Emergency on when there were march 11 only four cases in your state. What did you see that pushed you to move so quickly . Governor grisham two things, you know this virus is moving so it comes with travelers. We have commuters. We are a moving hub. We are still dealing with folks trapped on a cruise in california and i dealt with the pandemic before. The earlier you start and the more aggressively you start, the better control and management efforts you have. This is the problem, because you cant see the pandemic, everyone falsely assumes it wont come here. It will be easier and we will wait until we see whats happening. But too many, its easier to explain, you have to move immediately. Otherwise, it rages out of control. We are seeing all across the count
To do here. I have always been reluctant to say this truly could be one of the most important things we as members of this committee do. The world is experiencing today and what the american and as is americas face is one of the most significant challenges that a lot of us will face in our lifetime. The bad news, the really bad news is that its entirely possible that it will happen again. I say this of course because the experts tell us that this virus that made the leap from one species to another can very easily happen again and if there are 2000 of these viruses out there you have no idea what they can do when they get into a human being. Thats what experts and scientists tell us have identified within their branch about 2000 different viruses. Having said that we need to look forward and i want to stress what im trying to do with this and what about all of us are trying to do, to look forward. There are a lot of hearings going on and a lot of hyperbowl going on and a lot of blame a
Education and the jobs. Thank you all very much. I hope you have a nice weekend. March 13th live to the effect the coronavirus is having on Nursing Homes. Live coverage here on cspan3. We join it in progress. Said, under no circumstances should a hospital discharge a patient to a nursing home that is not prepared to take care of those patients needs pap clear directive. Unfortunately on march 24th Governor Cuomos Health Department issued this directive in contradiction to the cms dai take covid19 patients. New jersey essentially copied the same directive from norcal order with similar deadly results. Two weeks earlier Governor Desantis in florida prohibited transfers kv s covid19 patient were positive to Nursing Homes. Very different orders resulting in very different results. And pennsylvania, continued to accept new admissions and readmissions including patients covid19 positive. While defending this decision even Pennsylvanias Health secretary moved her mother out of a nursing home.