Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Captioning performed by vitac by those we regulate, and of course, by this committee and congress. Whether were making changes to the staffs longstanding review process for shareholder proposals, assessing the duties of Investment Advisers or considering how to strengthen company disclosures, we must be fair and transparent about the policy choices we make and the data and information on which we rely on making those choices. I thank the committee for its oversight of these important issues. And i stand ready to answer your questions and listen carefully to your thoughts and concerns. Thank you. Commissioner lee. Chairman clayton you are now recognized. And i want to echo the thoughts of my colleagues on the opportunity we have to testify today and note that their testimony demonstrates the wide range of issues that the Commission Deals with every day. I want to thank this committee for your support of the commission and in particular the dedicated women and men who are our most import
The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers room, washington, d. C. , december 18, 2012. I hereby appoint the honorable nan s. Hayworth to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore the house will receive a message. The messenger madam speaker, a message from the senate. The secretary madam speaker. I have been directed by the house sflat that the house that the senate has passed a bill in which the concurrence of the house is requested. The speaker pro tempore pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whi