Span radio app. Federal reserve chair Jerome Powell appear on capitol hill for the second time this week to testify on the Economic Impact of the coronavirus. This hearing is just over two hours. Welcome everybody. ,oday our select subcommittee some members will appear in person and others may appear remotely. Welcome everybody. Today our select subcommittee, some members will appear in person and others may appear et d , all individuals attending this hearing in person must wear a mask or face covered. Ing. Over members who do not wear a Face Covering will not be recognized to speak. Let me make a few reminders about hearings. For those members appearing in able to seewill be members appearing remotely on the monitors in front of you. On one, you will see all the members appearing remotely at as gradehat is known view mode grid view mode. On the other monitor you will see each person speaking during the hearing when they are speaking, including members who are appearing remotely. For
Max, treasury secretary Steven Mnuchin and Federal Reserve chair Jerome Powell on the impact of the coronavirus on the economy. This is two and half hours. This hearing will come to order. Todays hearing is a hybrid format and the hearing room has been configured to maintain the recommended sixfoot social distancing between senators, witnesses witnesses and otheren individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your turn to speak or ask questions. If there is a Technology Issue we will move to the next senator until it is resolved. I again remind all senators and our witnesses that the fiveminute clocks still apply and you should, those remote, stall, box on your screen labeled clock that will show how much time is remaini
This hearing will come to order. Todays hearing is a hybrid format. And the hearing room has been configured to maintain the recommendedf foot social distancing between senators and other individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your speak or ask questions. If there is a Technology Issue we will move to the next senator until its resolved. I, again, remind all senators and witnesses that the 5minute clock still applies, and those of you remote should all have a box on your screen labeled clock that will show how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process senator brown and i again have agreed to go by sen you arty for this hear
First, i would ask all members on the webex platform to keep themselves muted when theyre not being recognized. This will minimize disturbances while members are asking questions of our witnesses. Members on the webex platform are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except where a member is not being recognized and there is inadvertent background noise. Members on the platform are reminded they may only attend one remote hearing at a time. So if you are participating today please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized the chair recommends that members identify themselves by name so as to facilitate the chairs recognition. I would also ask that members be patient as the chair proceeds given the nature of the Online Platform the committee is using. In addition the chair informs
Been configured to maintain 6 foot distances between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. For those joining remotely, a few Video Conferencing reminders. Once you start speaking, there will be a slight delay before you are displayed on the screen. To minimize background noise, please click the mute button until you ask questions. If there is a technology issue, we will move to the next senator until its resolved. Again, remind all senators and our witnesses that the fiveminute clock applies. Those of you remote should have a clock on the screen showing how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process, senator brown and i have agreed to go by seniority for this hoogerheide. With that we welcome our witness steven t. Mnuchin, secretary to department of treasury an honorable jerome powell, board of governors of the Fe