Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Because they dont know who is a citizen without the virus and who is a citizen with the virus. The most basic decisions have become a distraction across the country as americans have become afraid of a stranger and of a friend. This is a huge shift in where we are as a country. And what this demands is immediate action. Three weeks ago this senate and the house passed 8. 3 billion, and we did it with overwhelming bipartisan support to be able to add additional funding for diagnostics, for testing and for rapid work on a vaccine. All of that work is advancing quickly. We have human trials in a vaccine happening right now. Weight came together and there werent extra things added to it we focus in on the virus. Theres no question theres lots of moments to be able to debate the things we disagree on. But this is a moment we understand to focus in on what is the problem. The problem is zealing with covid19. There was a bipartisan bill put together in the senate. A week ago today, senator sc
105 in iowa, that is a lot for us. Just a couple of hours ago i was on a call with iowa state leaders who are at the state Emergency Operations center. Let me say that again. Emergency operations center, an e. O. C. You just dont set those up for fun, folks. You set them up when your state is in crisis. They gave us a picture of whats going on with our workers and our Small Businesses on the ground in iowa. Within three hours the state received over 11,000 calls for Unemployment Insurance. 2,000 of them are selfemployed. They wont qualify for Unemployment Insurance. You know what would relieve their hurt . This package, phase three. Meanwhile my democratic colleagues are holding this bill up that would actually deliver the relief that is necessary for these workers that i just mentioned for things that have nothing to do with a crisis. Senate democrats are stalling funding for hospitals and Small Businesses until they get to jam through their Green New Deal. Mr. President , you tell me
Hello, deis is out source. More casesfus coronav reported outside of china then within it, a new mestone. The disease spreads further in rope. This is a situation of erconc but we must not give into panic. The virus is not just impacting our health. We will look at how containment measures are threateni major sporting events around the world, including the olympics. Another day of violence on the streets of delhi were clashes between hindus and muslims have killed at least 27 people in recent days. There were mobs, multiple were openly calling for aney extermination of muslims. The latest onob item and his chances of stopping the latest on joe biden and his chances of stopping Bernie Sanders getting the nomination for u. S. President. Omweto the program. For the first time, more cas tin new coronavirus outbreak are be reported outside of china than inside. 411 new cases in china whe the city of began, the wuha 427 reported elsewhere,tw howev, thirds in south korea, the worst city being
Committee democrats argued they are holding the president accountable for what they call abuse of power of the white house. Our question of the morning what do you think about the Judiciary Committees approval of impeachment charges against President Trump . We are going to open up our regular lines this morning. Republicans, we want to hear from you at 202 7488001. Democrats, we want to hear from you at 202 7488000. Independents, your line is 202 . 488002 keep in mind, you can always text us your reaction at 202 7488003, and we are always reading on social media, on twitter at cspanwj, and on facebook at facebook. Com cspan. Ours set the stage for discussion this morning, going to what House Judiciary Committee chairman Jerrold Nadler said after the friday vote. Here is what he said. [video clip] solemny today is a and sad day. Little third time in a over a century and a half, the House Judiciary Committee has voted articles of impeachment against the president for abuse of power and