Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio
Germanys coronavirus caseload passes 1000000. We ask, how about the situation has become in a country one seat as a leading the way in europes fight, against the pandemic. And nickel fairly welcome to the program. One of irans leading Nuclear Scientists has been assassinated will send Fox News Sunday has long been suspected by the west and israel of masterminding, a secret Nuclear Weapons program. His car was ambushed outside the capital tehran, according to iranian media. He later died in hospital. The countrys Foreign Ministers of all serif has tweeted there were serious indications of an israeli role in the attack. Israel has made no comment a country road in the heart of iran, transformed into a saint of horror. The images are too graphic for us to show. Body parts lie scattered in a bloody end to a controversial life. Top scientists mock suffocate the day perished. In what seems like a targeted attack. A car carrying him was shot at and about 15 seconds later, a nissan pickup truc
I have the pleasure of chairing the committee today. Many of you know that chair bernal serves as representative pelosis chief of staff. I also want to thank the commissioners. We have a fairly full agenda, but everyone submitted questions on many of the presentations, and weve gotten very thorough and thoughtful answers from staff, so hopefully that means we can go through our agenda in a very efficient way and we can go to our different activities of the evening. First item is the minutes. Are there any additions or corrections on the part of the commissioners . Okay. Any comments from the public . Clerk if youre on the Public Comment line, please press star, three if youd like to make a comment on the minutes. No comments, commissioners. Okay. So is there a motion to approve the october 20, 2020, minutes of the commission . So moved. Second. Can we have a roll call vote . Clerk yes. [roll call] clerk just for everyone to know, if the if youre not speaking, then please mute yourselve
Commissioners. We have a fairly full agenda, but everyone submitted questions on many of the presentations, and weve gotten very thorough and thoughtful answers from staff, so hopefully that means we can go through our agenda in a very efficient way and we can go to our different activities of the evening. First item is the minutes. Are there any additions or corrections on the part of the commissioners . Okay. Any comments from the public . Clerk if youre on the Public Comment line, please press star, three if youd like to make a comment on the minutes. No comments, commissioners. Okay. So is there a motion to approve the october 20, 2020, minutes of the commission . So moved. Second. Can we have a roll call vote . Clerk yes. [roll call] clerk just for everyone to know, if the if youre not speaking, then please mute yourselves, and commissioners, if youre making rustling noises, and youre not muted, i am going to mute you. So i apologize, but we want to keep the sound quality good. So