When the time comes, after the crisis has passed, we will put these emergency tools back in the tool box. I would stress that these are lending powers, not spending powers. I will also note that we design our facilities to work for broad ranges of businesses and municipalities. We do not target particular firms or industries. Elected officials make decisions about where to direct such target relief. The cares act and other legislation provide direct help to people, businesses, and communities. This direct support is making a critical difference. Not just in helping families and businesses, but also in limiting long lasting damage to our economy. Public faith in our operations depends on transparency. If the fed were committed to that, particularly in deploying our emergency powers. Thank you. I look forward to our questions. Thank you very much, chairman powell. I now recognize myself for five minutes for questions. As i mentioned in my opening, the pandemic is strengthening and so, to
Lines on the approving process for Coronavirus Vaccines. Were going to have the details and why is Contact Tracing failed to live up to the hype . Well get reaction from fox news medical analyst, dr. Nicole saphier. We have a big show for you, folks. Buckle up. All that and much more on making money. Charles all right, folks, markets, i wont say mixed because overwhelmingly most stocks are higher. Boeing holding down the Dow Jones Industrial average. The big story on nasdaq, they found new leadership if it is not facebook one day it is the semiconductors another day. Facebook of course, we know has been in the news but so has boeing which carried the dow yesterday. They lost a major, a big deal, 92 plane orders. Giving up gains they made on the 737 max jet test flight. Bluechips, from new york fed president john williams, he says he is seeing encouraging data that the economy has indeed begun to recover. Whether it is vshaped, he didnt go that far. Overall it has been aim press sieve s
If so, call in at 202 7488000. It, 202 7488001. If you supported oppose it, 202 7488002. You can send us a text at 202 7488003. If you send us a text, let us know your name and where you are from. We are on cspan wj at facebook and on twitter. Very good tuesday morning, you can start calling and now as we take you through the categories facing new visa restrictions through the end of the year and perhaps longer as a result of the president s actions yesterday. Actions would impact foreign forers seeking h1 visas skilled hightech workers, h two visas for seasonal workers, age four visas for spouses. L1 are executives transferring from positions abroad with the same employer. And the action would impact visas including interns, trainers, teachers, au summer work travel participants. This includes some exceptions for those in health care or supporting the Coronavirus Response and for those who work in the country upon food service and Food Supply Chain sectors. As julia of the Migration P
Of thousands of people worldwide. The virus, unfortunate, could cause additional early deaths down the road due to the unemployment and poverty that it could cause. To stave off those avoidable deaths, America Needs to reinnovate the booming economy we had before covid19. To do so we put on this presentation to listen today from United States senators ted cruz and mike lee. Each one has ideas about Regulatory Reform that will kickstart our economy as well as keep it going strong on a longterm basis. I would now like to invite senator cruz and senator lee to join me. Before we start todays discussion, i want to get each senator the opportunity to offer some introductory remarks. Senator cruz, you are up at first. Well good morning. Its a pleasure to join you. Thank you for taking the time to participate. And paul, its good to see you. Mica, its good to see you and what a testament to the wonders of technology that were able to have an intimate conversation thousands of miles apart, and
Budget process, deficits, debt, Health Care Costs, and oversight of coronavirus funding. Ill go ahead and call to order this budget meeting. Good afternoon and welcome. I want to take a few brief opening remarks and then ill turn it over. Then ill turn it over to Ranking Member sanders. We are here today to consider, to serve as the nest director of budget. To serve as the director since there were 20. Teen President Trump nominated him in march as the nations facing a unprecedented crisis, both health and economic from the covid crisis. The office of management and budget paint played a key part, in addition to building the president s annual budget we also to do financial, management grants management, information technology, program assessment, and Property Management just to name a few. Given the vast responsibility over the organization its important to have a senate director in place. Before we hear from the Deputy Director of want to discuss our response to the coronavirus pande