We will hear from the u. S. Forest service at this u. S. House agricultural subcommittee meeting. This hearing of the subcommittee conservation and forestry titled the 2020 while very dear response and Recovery Efforts will come to order. Welcome and thank you for joining todays hearing with mr. John phipps did deputy chief for state and private forestry. After a brief opening remarks the hearing will open to questions. Members will be recognized in order of seniority alternating between majority and minority members. When you are recognized to be asked to unmute your microphone and you will have five minutes to ask your question or make a comment. In order to get as many questions as possible the timer will stay consistently visible on your screen. Thank you for joining us here today in washington and on line for this critical hearing on the wildfires ravaging the western United States. We have all seen the footage from california oregon and washington. It is a real and it is terrifyi
Pelosi helping a little bit. She was sounding a little more optimistic on stimulus in the united states, the s p trading down by 0. 9 . Tech is underperforming a little bit, but we saw a lot of call buying yesterday. The pound is recently is reasonably well bid. Big day tomorrow, as Boris Johnson speaks to ursula von der leyen. We are expecting a u. K. Briefing after the eu briefing this afternoon. Crude off of its earlier lows. Now down only 4 . Alix part of that may be, as nancy pelosi speaking earlier, says the trump diagnosis changes the dynamic in the stimulus talk. Stephanie kelly joins us from Aberdeen Standard Life investments, their senior political economist. How does it change the dynamic in stimulus talks . Stephanie it is kind of tricky because if you look at the nature of these negotiations, it hasnt is been republicans debating with the democrats. It is much more around President Trumps desire to get fiscal stimulus, and certainly in light , this diagnosis could shift th
Upcoming election. Well share more details later on in the program. You can learn more about the initiative on wchallenge. Org 100 women. Todays event will stream live on sfgovtv. Org youtube channel, as well as the citys facebook and twitter accounts. I want to thank our colleagues here from sfgov tv for working in the backgrounds and making this event as successful as possible for everyone. You can feel free to share the links and host a watch party if you want on your preferred social media platforms, because we will be having them on facebook and twitter. This session will be recorded for future references. So lets get started. Happy womens equality day. May i kindly ask the president of the commission on the status of women to join us, bree anna swat, to officially kickstart the celebration of todays event. Thank you. Thank you so much, vivian, for the kind introduction. And really thank you to all staff for making this happen. I know we would normally be on the steps of stahl. Bu
Extension of credit from private lenders. They are designed to support the functions of private markets, not to replace them. These are lending, not spending powers for others, alone that can be difficult to repay might not be the answer in these cases direct fiscal support may be needed. Our economy will recover fully from this difficult period we remain committed to using our full range of tools to support the economy for as long as needed thank you. Thank you very much chair powell i now recognize myself for five minutes for questions. I am very appreciative of the explanations that youre giving, but all of the questions that we have about main street and other facilities each of them can keep the facility as an option in the futu future, and the guam governor urged it be made available to the territories. The Congressional Budget Office director and staff economist for president george h. W. Bushs n council of advisors said the mist try to me is the treasury using half a trillion d
It also says it will purchase additional treasury assets as part of an accommodative policy. It repeat language from previous statements, where it sol it will use the full range of tools to support the economy the statement says weak demand and oil prices are holding down inflation, but the path principally depends on the virus. It says it poses considerable risk to the mediumterm outlook. There were two dissets, from the dallas and minneapolis fed, differences in what they wanted. Capellan wanted more flexibility. Let me tell you about the outlook for gdp. They actually dramatically well, they were looking for a 6. 5 gdp decline, now looking for a 397 decline they were looking for nine and change, now looking for 7. 6. Ill go directly to the actual table here and put my glasses on, and tell you what it says here inflation they have upgraded from 0. 8 to 1 mounta. 2 there it is, folks the path of policy 0. 1 for 2020, 0. 1 for 2021 0. 1 for 2022, and drumroll, please, 0. 1 for 2023 the