Foundation. This is a little more than an hour. Mr. Clinton thank yall for joining us for the second edition of building an inclusive recovery. I hope wherever you are tuning in from, you are staying healthy and safe. I would like to begin by expressing my gratitude to our sponsors for this session. I want to thank those who have made action. I hope all of you will think about specific ways you and your organizations can make a difference or partner with others to increase your impact. Our topic today, the housing crisis, has plagued america long before covid19. Now, it is even more urgent. Especially in dense urban areas. Without enough Affordable Housing, they face new challenges from Economic Impacts of the pandemics. Home ownership has long been recognized as one of the most effective and Proven Solutions to Building Wealth and Financial Stability in america. Even before the pandemic, homeownership rates for black americans were at an alltime low. Latino homeownership is the Fastes
Discusses Affordable Housing and the wealth gap. Clinton thank yall for joining us for the second edition of building an inclusive recovery. I hope wherever you are tuning in from, you are staying healthy and safe. I would like to begin by expressing my gratitude to our sponsors for this session. Those who have made action. I hope all of you will think about specific ways you and your organizations can make a difference or partner with others to increase your impact. Our topic today, the housing crisis, has plagued america long before covid19. Now, it is even more urgent. Especially in dense urban areas. They face new challenges. Home ownership has long been recognized as one of the most effective and Proven Solutions to Building Wealth and Financial Stability in america. ,ven before the pandemic homeownership rates for black americans were at an alltime low. Latino homeownership is the Fastest Growing of any group in the nation. But it still lags behind white ownership by more than 24
The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi
Information to substantiate 23 incidents of alleged unlawful killing of 39 people by 25 Australian Special forces personnel, predominantly from the special air service regiment. A u. S. Drug firm will apply for emergency authorization for its Coronavirus Vaccine within days. Pfizer says late stage trials for its candidate shows it was . 95 effective 95 effective, an improvement on the other trial last week. The u. S. Continues to see an acceleration of covid19 cases. The number of deaths has crossed 250,000 and more than one million new infections in the past week alone. Three people have been killed in protests in uganda after an opposition president ial candidate was arrested. The popstar turned politician says he was forcibly dragged out of his car by police. Armenias Prime Minister remains under pressure after his country was forced to hand territory to azerbaijan. Protests have been taking place in the capital. U. S. Secretary of state mike pompeo has praised the normalization of
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going