We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emergency lending facilities that facilitated the qualities to support eligible businesses, states, local governments and tribes. And to be authorized under section 13 and to stabilize those markets but the Federal Reserve announced the establishment of the intent to establish to support the Financial Markets and businesses including some that are supported by the cares act. Last week other members of
Dr. Howard zuker. Cuomo onediate right, special volunteer assignment for the state. Working for her father. Very pleasant boss. A little said today. Because the boyfriend has left the premises. Returned to his home state. That is ok. The old expression, you love something let it go. And it will return to you. If it does not return, then it was never meant to be. Words to that effect. Numbers are headed in the right direction today. Hospitalizations are down. That change in hospitalizations is down. Are down again. Number of new cases down. Road down. A long decline, fast pike fast spike, slow decline. What has happened across the country. The number of deaths still painfully high. Not down. Up little bit. The overall direction is right but this is a painful, painful, tragic number of lives lost. And they are all in our thoughts and prayers. You look at the entire experience. Stabilizedare basically with where we were before we had this dramatic increase. Things we have learned through
Actress Lori Loughlin and her husband will plead guilty and serve prison time for a scheme to get their daughters into usc. And americas teacher of the year. Only on cbs this morning, well reveal this years big winner. First, heres todays eye opener your world in 90 seconds. If i try to find a positive, the pandemic could have possibly been a life saver tonight because it was a smaller crowd. People are injured when a gunman opens fire at a Shopping Plaza in glendale, arizona. Its a very large scene. It will take days for the water to recede. A state of emergency after record rain and dam failures led to historic flooding. Experts are describing this as a 500year event. Actress Lori Loughlin and her husband have just agreed to plead guilty to conspiracy charges as part of this massive nationwide College Admission scandal. The Presumptive Democratic president ial nominee went after the president for taking hydroxychloroquine. What is he doing . What in gods name is he doing . The things
Introduce people more formally prior to their also thomas fanning, two of the commissioners of the commission. First of all i want to thank the cochairs and that commissioners for the important work on the Cyberspace Solarium Commission. I think the end product is excellent. I think it has solid recommendations that a number of these are within our committees jurisdiction over the working hard to evaluate those and the ones that we can get them passed into law of these recommendations can be done through executive action. What id like to spend my time just enter my formal written state into the record, i just want to talk about two of the commissions recommendations. When i i got here in the congrs in 2011, cybersecurity was a hot issue. It still is. Its not going away. I remember the buzzword back ban is we have to do something about this. Weve made a number of attempts and quite honestly we made a fair amount of progress. My own sense is the bad guys, the people and often always have
Seating has been spaced so we are six feet apart and we have made it possible for senators and witnesses to participate by Video Conference if they choose to do so, and several have. To maintain social distancing, we have very limited seating and dont have room formulas of the public to attend, however this hearing is available to watch a live online and a recording will be available on the committee health. Www. Senate. Gov. The hearing will be shown from gaveltogavel in its entirety, unedited by anyone from the moment that we start until the very end that we stop. Due to the limited seating, representatives of the press are working as a pool to relay observations to their colleagues and senators and staff present have been reminded about the safety guidelines put in place by the attending physician. We all wore our masks. Im not going to wear mine during the hearing, since we are six feet apart, but senators may do whatever they choose to do. I would like to thank the rules committee