Heard officials of both administrations for two decades talk about agreements that are eventually going to happen, and they almost never do. Ambassador lighthizer has been a bit of a pit bull on this piece of it, but discussing it in the interagency process isnt really the same as pushing to help statebased backers understand that this has real consequences. I am glad it is a topic for discussion, but i would just say ,n the Intelligence Community oversight in the legislature, this is an increasingly bipartisan issue that republicans and democrats believe it is important to be holding these faux private Sector Companies in china to account, and show that we mean it, not just to say eventually somebody is going to come up the stairs if you keep stealing ip, and they continue to do it. For what it is worth, i think of one perspective on an increasingly bipartisan basis is serious. Sen. Crapo thank you. Thank you, mr. Chairman. My question is quite simple. Can i get both of your commitmen
We will receive testimony from the secretary of the treasury and e chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and programs in support of eligible businesses, states, municipalities, and tribes. Title iv of the cares act provided 454 billion as an infusion into the exchange stabilizatiofund to support the Federal Reserves emergency lending facilities that facilitate liquidity in the marketplace and support eligible businesses, states, governments, and tribes. This unique authority known as 13. 3 authority is authorized under section 13 of the Federal Reserve act and plays a Critical R
variety of different viewpoints? and really encouraged by the fed chair powell:chair powell: i do back in the day, but i get the chair powell: i do. board of governors has made its i am strongly inclined to think decision. here s my question for you. a number of constituents have that you need to hear all sides of a case. expressed the concern that we are going to end up with two when i was a private equity systems that are not fully investor, i used to speak against my own deals just to interoperable. employers andthat force people to defend them so i would really get a sense that i financial institutions and other per dispense would be plugged in believe in things. it is critical to have diverse two different systems, if they perspectives. are not fully interoperable, if you think about it, the there s a real concern that that reserve bank system guarantees is going to come at a minimum, from an institutional standpoint that we will always have diverse perspectives on mon