Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the 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 examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. 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 a part of our oversight work, the commission has decided to hold
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
hearings, the supreme court overturning roe v. wade, the fbi raiding the home of a former president, and everything in between. 2022 has been incredibly consequential for american politics a year that has left us with a lot of questions about the future of our country, our democracy, our rights as human beings and about whether you have more of those rights if, say, you are a former president or fewer if you have a uterus and live in a red state. well, 2023 may be the yorear we get answers. we will learn who will be running for president in 2024 and who, if any, in the republican party will stand up to donald trump. though maybe don t hold your breath on that one speaking of which, we could find out if the twicism impe disgrac former president will be held accountable in a laundry list of investigations that he is under. the new year will also present the biden administration with new challenges as the president for the first time will be faced with a split congress. democrat
shannon. i had no idea she went through that tragedy as a kid. and just the sense of guilt. oh, my god, so profound. her mother and baby sister and cousin were killed in a car crash when she was just four years old. it s amazing. i appreciate you listening. it s great. everyone should check it out. it s obviously a subject you know a lot about and you really bring out these important threads from people like stephen colbert and lauren anderson. thanks. i appreciate it. have a great weekend. thanks anderson. welcome to cnn tonight. i m jake tapper in washington. today donald trump was issued a subpoena from the january 6 committee, which wrote to trump, quote, we have a semiabled overwhelming evidence that you personally orchestrated and oversaw a multipart effort to overturn the 2020 presidential election and to obstruct the peaceful transition of power, unquote. at the same time, in the same investigation, trump s former chief strategist steve bannon was senten