Payments were sentenced to dead people. Later members exchanged words of our green facemask during Committee Hearings. Good morning. Today our select committee the hybrid meeting. Some members will appear in person others may fear mostly rated via webex. Since the members are very in person, let me first remind everyone that pursuant to the latest guidance, from the house position, all individuals attending this another hearings in person should be wearing face masks. Now i did not make these rules. Thus the rules. And after this meeting, other authorities, will make a determination as to whether or not we recognize people in the hearings. He did not wear facemasks. Happen to be born and raised as of the 21st next month, 80 years in south carolina. So i know little bit about rules and i know a little bit about things. So im going to consult with them as of today i will share with the authorities. The experiences here today. So thats me also make a few reminders about hybrid hearings ri
Any time. Members are reminded to keep their video function on at all times. Members are reminded that theyre responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying the resolution, staff will mute members when not recognized to avoid inadvertent background noise. All house rules relating to order and decorum apply to this remote hearing. [ inaudible ] economy and i know recognize myself for four minutes to give an opening statement. Chair powell, the law that required the Federal Reserve chair to testify before congress twice each year was established back in 1978. However, no fed chair has ever testified before this committee with the economy in the condition that it is in today. More than 116,000 americans are dead from the coronavirus. And just last week, 21 states recorded an increase in their average daily new cases compared to the prior week. The april jobs report was the worst in Americ
I am commissioner martha knutzen. This Commission Meeting is being conducted pursuant to the provisions of the bryant act and recent executive orders issued by the governor to facilitate teleconferencing to reduce the risk of covid19 transmission at public meetingful ordinarily, the brown act has strict rules for teleconferencing. The governors executive order has descended those rules. It requires that we continue to notice meetings in advance. The department has met all of the applicable notice requirements. As noted on the agenda, members of the public may observe this teleconference meeting via sfgov tv and may offer Public Comment by calling the published comment phone number. Id like to welcome the members of the public and staff who are watching us live on sfgov tv. The Commission Asks and thanks you for your patience during these unprecedented times. Conducting the meeting through teleconferencing has only happened once last month in our history. That being said, we hope the pu
Along with several other members of our committee come of hr 2650, the payment choice act of 2019, a bipartisansupported bill, which would require merchants to accept cash. This legislation, i believe this article, because parts of the country and both leroux and orbit areas are more dependent on the both rural and urban areas are more dependent on the cash economy could i have run out of time did i encourage you to support this bill could thank you, chairman powell. Thank you, chairwoman waters, i yield back. Rep. Waters mr. Hines, you are recognized for five minutes. Thank you. That i would like to explore with you, and the first, who is the beneficiary of the billions of dollars that have been localized in the rescue . Chairman come as you know, people can do three things with money, buy stuff, rent, insurance, raw materials, keep people employed, pay wages, and third, it can serve as a capital structure. It can issue dividends. Chairman powell, as you know, in the Paycheck Protecti
A Company Called china mobile, and their u. S. Subsidiary from providing Telecom Services from the United States on the grounds of doing so was jeopardizing our National Security, the first time such a ruling had been issued. The fact that this was only the first time that a Foreign Telecommunications company had been denied approval to operate in the u. S. On National Security grounds prompted us to investigate other chinese stateowned carriers that were already authorized to operate in the United States, and we asked an important question why was china mobile u. S. A. Any different than these other three Chinese Companies . We discovered in our report, which again we issued just a month ago, that it wasnt different. We conducted a yearlong investigation into the government processes for reviewing, approving, and monitoring chinese stateowned Telecommunications Firms operating here in the United States, and we found once again over the years that the federal government had been lax wh