Now, testimony from Federal Reserve chair Jerome Powell on Monetary Policy and the state of the u. S. Economy amid coronavirus. He spoke about low Interest Rates, unemployment numbers and what future Economic Growth and recovery could look like. Help in front of the House Financial Services committee, this is three hours. So the committee will come to order. Thank you. Without objection, the chair is authorized to declare a recess of the committee at any time. Members are reminded to keep their video function on at all times, even when theyre not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying h res 965, staff will only mute members and our witness as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules relating to order and decorum apply to this remote hearing. T
Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is entitled the rent is still due. Andicas renters, covid19 the eviction crisis. Myself to give an opening statement. You for ourll of. Irst virtual hearing during this challenging and difficult time for homeowners, and for the Housing Market as a whole. At todays hearing, we will focus on how the covid19 pandemic is impacting our rental market. Thisarmful effects of pandemic are physical and mental. Financial stability and our w
Asked about the effectiveness of the Paycheck Protection Program referred to as ppp. [indistinct chatter] a todays committee will come to order and i want to thank everyone for joining us here today and want to welcome the secretary and the administrator and thank you both for being here and all the members for being here. This is the first opportunity to hear from both of you about the enactment of the act in particular as it applies to Small Business. It is a landmark legislation and less than two Weeks Congress passed the largest Economic Relief package. They worked tirelessly to make it possible every single one participated on the leadership of the Ranking Member, senator cardin, senator shaheen and senator Collin Collins isnt a r of the committee that was part of the task force and it was invaluable in helping craft a lot of this and i want the record to reflect dot. We have invited senator collins does it and participate and rightfully so because of the extraordinary contributio
Chris jackson. On communication director for color change, the Largest Online Racial Justice organization. We are partnering with one world tonight to make a virtual space for critical conversation between editorinchief of one world Chris Jackson one of our most powerful organizers and visionaries, alicia garza. In 2014, alicia garza wrote a Facebook Post that change the world and created a movement. It read black people, i love you. I let us. Our lives matter. Black lives matter. Movement continues today and tonight alecia and chris will discuss the importance of resistance and resilience and how they ground the work in a vision for collective humanity. Color change we believe everyday people are powerful enough to end the practices that are Holding Black people back and harming our country. We Champion Solutions that move us all forward. In the last two weeks, we have helped 6. 5 Million People take action for Racial Justice in our country and we are thrilled to partner with one worl
The subcommittee at any time. Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is entitled the rent is still due. Andicas renters, covid19 the eviction crisis. Myself to give an opening statement. You for ourll of. Irst virtual hearing during this challenging and difficult time for homeowners, and for the Housing Market as a whole. At todays hearing, we will focus on how the covid19 pandemic is impacting our rental market. Thisarmful effects of pandemic are physical and mental.