Banking systems, the impact of covid19, and communities of color. This runs an hour and 45 minutes. Today we welcome the regulators, the comptroller of the currency, brian brooks. The federal deposit insurance corporation, jelena rodney hood. Since the passage of the coronavirus aid relief and Economic Security act or cares act of your agencies have taken many meaningful steps to mitigate the meaningful impact of the pandemic and provide conditions that will lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers loan for theirpp outstanding debt. Your agency should continue to carefully review the regulatory and supervisory frameworks, adjusting where necessary to bolster Financial Institutions to support economic recovery, which, by the way, has shown positive signs over the past several months. On octobe
Minutes. This runs an hour and 45 minutes. Sen. Crapo today, we welcome the regulators, the comptroller of the currency, brian brooks. Chair of the federal deposit insurance corporation, Jelena Mcwilliams, and rodney hood. We will receive testimony from each agency on efforts and plans since you last testified before the committee. Since the passage of the coronavirus aid relief and Economic Security act, or cares act, your agencies have taken many meaningful steps to mitigate the Economic Impact of the pandemic and provide conditions that will lead to a forceful recovery. Lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility on october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers to deduct any ppp loan for their outstanding debt. Loan for their ppp outstanding debt. Your
Continue to will investigate each and every instance of illegal voting. Double voting, phelan voting, people voting outofstate. Outofstate. I want to remind members of a few matters, some of them required by the regulations accompanying House Resolution 965, which established the framework for Remote Committee proceedings. First, members are reminded to on atheir video functions all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they have finished speaking. Staff have been instructed not to mute members except when a member is not being recognized and there is inadvertent background noise. Members are further reminded that they may only attend one remote hearing at a time. If you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the hearings. Particularly during the questions. If during the hearing
Mexicans. Chaotic scenes in kenya police fired tear gas at mourners trying to prevent the burial of a popular singer. And tense moments in Central London as demonstrators target police after a deadline for protest to end comes into effect. I mean wellings with the sports news with football being played tonight in italy germany and spain you know messi and barcelona return to the pitch for the 1st time in 3 months trying to maintain their position at the top of lolly. Welcome to the new sounds good to have accompanied the coronavirus pandemic started in china and now the rush is old to contain it again the biggest wholesale food market in the Capital Beijing is closed under police guard after dozens of people to. Positive local cases detected in the city of 20000000. 00 people for more than 60 days officials in the affected areas are now on a war time sorting train a year reports from beijing. Video of Chinese Military police entering beijings from thai district has been circulating on
High between washington and tehran iran can never have Nuclear Weapons not against the usa and not against the world and as he made clear yesterday referring to his earlier remarks the president said i just strike stop the strike from Going Forward at this time yes President Donald Trump appears to be toning down talk of possible military action against iran he says a strike is always on the table but for now promising to step up economic pressure through more sanctions john hendren has more now from washington d. C. President donald trump appears to have changed his tone somewhat on iran the president says he can imagine the u. S. And iran being best of friends he even went on to say hed like to make iran great again and even thanked the persian nation for not shooting down a mans plane that was nearby with about 35. 00 crew members according to iranian officials when it shot down an unmanned u. S. Drone but the president also said he will go ahead with new sanctions against iran star