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
Activity and turmoil going on around us. Many of us are back in washington today. Were holding this committee virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. This authority has allowed us to continue to do our work on behalf of the American People, while keeping our staff, families, and the Broader Community safe. We have all started to become familiar with navigating this technology, i do want to remind members of a few procedures. First, consistent with the regulations, the committee will keep microphones muted to limit background noise. Members are responsible for unmuting themselves when they seek recognition or when recognized for their five minutes. Members and witnesses must have their cameras on at all times. Weve got to keep track of you even if you step away from the proceedings. Please leave your camera on rather than logging out. Finally, as you know, we may have votes during todays hearing. It looks like theyr
Of our native communities. As part of our hearing, microphones will be set on mute. Members and witnesses, you will need to unmute your microphone each time you wish to speak. Documents can be sent to rebecca at the email address weve provided. And all documents will be entered into the record at the conclusion of the hearing. I recognize myself for five minutes for an opening statement. Let me find that, now that ive said that. I believe that todays hearing is long overdue. Day after day, our nations tribal communities are suffering inequality, unequal access to Drinking Water, energy grid, broadband, and other problems that have created unnecessary hardship and turmoil. And covid19 is exacerbating the existing problems now. And the Navajo Nation has seen rates higher than wuhan, china, during the height of the pandemic. And weve heard repeatedly about the struggles of the native communities to protect against covid19. As the pandemic rages on, access to ppe and testing and proper san
But you have to think of where we were and even with todays selloff, it is not really affecting all sectors. In fact more than half are still up. The fact of the matter technology, we just cant seem to pause even for a nanosecond, continues to advance. Well go over all of that, including things that could be weighing on stocks, including some extended shutdowns and restrictions everywhere from texas right now, what is going on in florida as well. Then there is hope on the virus front. That of course is something that is not seen all the time here but on the vaccine, more to the point of the virus, we keep track of this thing. There are about nine premier offerings or combinations being touted by various governments or biotech concerns of that, that are promising everything from an antiagain, quickly can tell you whether you have the virus in matter of minutes all the way up to vaccines potential curse that could be available soon as end of this year. The u. S. Investing a princely sum
The body. Our clerk is here. I would like to thank madam clerk, do we have a name from sfgovtv . I think you are on mute, madam clerk. No, i am sorry. We did not receive the sfgovtv name. I would like to thank sfgovtv for broadcasting this meeting. Do you have any announcements. Due to the covid19 Health Emergency and to protect commissioners, City Employees and public, city hall is closed. Members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state federal orders and directives. Commission members will attend through Video Conference and participate to the same extent as if they were physically present. Public comment is available on each item on the agenda. Both channel 26 and sfgovtv are streaming the number across the screen. Opportunities to speak during the Public Comment period are available via phone by calling 415 6550001. Id1454037332. Then pound then pound again. When connected you will hear the discussions. You will b