Banking systems, the impact of covid19, and communities of color. This runs an hour and 45 minutes. Today we welcome the regulators, the comptroller of the currency, brian brooks. The federal deposit insurance corporation, jelena rodney hood. Since the passage of the coronavirus aid relief and Economic Security act or cares act of your agencies have taken many meaningful steps to mitigate the meaningful impact of the pandemic and provide conditions that will lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers loan for theirpp outstanding debt. Your agency should continue to carefully review the regulatory and supervisory frameworks, adjusting where necessary to bolster Financial Institutions to support economic recovery, which, by the way, has shown positive signs over the past several months. On octobe
And alt for the record state the time allowed regarding the appeal. For new appeals, the department will present the case first and then the appellant. Each side has 7 minutes and next there will be Public Comment and members have three minutes each to speak. Lastly, there is rebuttal time of 3 minutes for the department and then the appellant. And that thereby will be Public Comment time for 3 minutes as well. If you could please mute yourself if you are not speaking, please. And for every one in attendance, we are meeting remotely as the abatement and appeals board for Public Comment to call in. You would please dial 14156550001. And the access code is 1463507228. To raise your hand for Public Comment on a specific agenda item, press star 3 when prompted be i the meeting moderator. So when you hear the Public Comment is called, please press star 3 if you would like to speak. Thank you. Our next item is item c. Request for rehearing. Rehearing request case 6875, 24555 jackson street,
Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Minutes. This runs an hour and 45 minutes. Sen. Crapo today, we welcome the regulators, the comptroller of the currency, brian brooks. Chair of the federal deposit insurance corporation, Jelena Mcwilliams, and rodney hood. We will receive testimony from each agency on efforts and plans since you last testified before the committee. Since the passage of the coronavirus aid relief and Economic Security act, or cares act, your agencies have taken many meaningful steps to mitigate the Economic Impact of the pandemic and provide conditions that will lead to a forceful recovery. Lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility on october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers to deduct any ppp loan for their outstanding debt. Loan for their ppp outstanding debt. Your
Near levi stadium. This started when an underground 12inch recycled water pipe started leaking. The city water and utility staff shut off the supply but the street was flooded. The leak created the sinkhole, an estimated 25feet wide and four feet deep. This is the scene here. About 5 15 this morning. You can see the waterflooding the area outside of levi stadium after the pipe started leaking last night. Well continue to follow the story in south bay here on air and online at www. Ktvu. Com and bring you the latest updates. Nationally, more than 242 know thousand people have died from the coronavirus. Hopkins University Reports more than 1,000 patients are dieing every day. 49 states in washington, d. C. , are currently seeing spikes in the number of new cases. Only louisiana is seeing the number of new cases hold steady. The number of u. S. Patients needing hospitalization continues to grow. Health officials across the country are urging the public to get back to the basics. They say,