Has had with lawmakers this week. This is what he said in the last hour. We cant do too much here. We can do too little. We can do too little and sputter. The end result is, its not just a Macro Economic impact on the economy and our ability to compete internationally. Its peoples lives. Real live people are hurting. We can fix it. We got the first jobs report out under President Biden. Its a better report than december. Overall though, we have a long way to go. 49,000 jobs were added last month. The Unemployment Rate fell to 6. 3 in january. We will take a closer look in moments. I want to start with the action in the capitol. We have monica alba at white house, jo ling kent with the jobs report and leigh ann caldwell. President biden will deliver economic information later this hour. What can you tell us about the president s economic focus today . Its the first event, the fact that the white house is having these coronavirus briefings now three times a week from Health Experts and o
Arguments monday. Live and ondemand at cspan. Org the prima cord. On friday, alex azar testified on the coronavirus sponsor just hours after President Trump and First Lady Melania Trump tested positive. He answered questions about the Trump Administrations handling of the virus, including the distribution of personal protective equipment, Public Health for mask wearing, and the number of deaths in the u. S. This is about three hours. Good morning and welcome,. Verybody some members will appear in person and others may appear remotely. Some members are appearing in person, let me first remind everyone that pursuant to the house,guidelines of the all individuals who attended the hearing in person must wear a Face Covering. Who are not wearing a Face Covering an opportunity permitted to remain in the hearing room and will not be recognized to speak. For members appearing in person, you will be able to see members on two monitors. Seeing all at once in what is known in webex as review mode
We are meeting today to conduct an important hearing on the Small Business administration Paycheck Protection Program, or ppp, specifically, review review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. Over the past several months, this committee has held numerous hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicat
Next 2 days will be critical in the president s fight against covert 19. Stories events with me in the studio an hour from us directions seriously we just heard the president say hes feeling better hes going to be back soon finishes pain is going to change his attitude regarding wearing a face mask well he had an opportunity and that message that he recorded to present a different side of himself to be a different man and he chose not to he chose not to advocate for proper precautions when it comes to dealing with covert 19 and at some point during the message he said that. This is he had no choice you know he didnt want to stay in the White House Well thats fine we understand you have to work but there are different ways that leaders across the world have been able to get work done and there isnt really a choice of if you are a healthy person staying in fat or not you can wear a mask you can do these Different Things and i think that so many people who have been suffering from this vi
Hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicated rules and reported feeling unable to adequately help their borrowers through the forgiveness process. Through it all, borrowers simply wanted to ensure they were using loan proceeds consistent with the law so they could qualify for full loan forgiveness, and effectively convert the loan into a grant, which was the