Extension of credit from private lenders. They are designed to support the functions of private markets, not to replace them. These are lending, not spending powers for others, alone that can be difficult to repay might not be the answer in these cases direct fiscal support may be needed. Our economy will recover fully from this difficult period we remain committed to using our full range of tools to support the economy for as long as needed thank you. Thank you very much chair powell i now recognize myself for five minutes for questions. I am very appreciative of the explanations that youre giving, but all of the questions that we have about main street and other facilities each of them can keep the facility as an option in the futu future, and the guam governor urged it be made available to the territories. The Congressional Budget Office director and staff economist for president george h. W. Bushs n council of advisors said the mist try to me is the treasury using half a trillion d
We saw a push higher in the session when the governor of the bank of england toned down the speeches we have seen as of late when it comes to negative rates. We will see whether ultimately he has to deliver on negative rates. Apparently the mood music has improved on that for today. Politics when it comes to the btp markets, today we have seen a significant pushback for the Prime Minister against mr. Salvini in local elections. The market has taken that positively. Alix just to pipit off what i said earlier. The eu Leaders Summit is postponed as the eu councile president was quarantined. You had a Security Guard test positive. That Leaders Summit will be postponed. Movement in the market, the dollar jumping higher. Charlie evans says the fed could raise rates before inflation gets to its 2 target. Interesting to see we get that reaction before we get fed chair powell. You are all seeing Maxine Waters speak right there. Lets break down what to expect. Emily wilkins joins us now. Will th
First, i would ask all members on the webex platform to keep themselves muted when theyre not being recognized. This will minimize disturbances while members are asking questions of our witnesses. Members on the webex platform are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except where a member is not being recognized and there is inadvertent background noise. Members on the platform are reminded they may only attend one remote hearing at a time. So if you are participating today please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized the chair recommends that members identify themselves by name so as to facilitate the chairs recognition. I would also ask that members be patient as the chair proceeds given the nature of the Online Platform the committee is using. In addition the chair informs
Primetime showdown. Joe biden and President Trump battling it out in battleground states overnight. Biden ripping into the president s response to the pandemic. He knew it. He knew it and did nothing. Its close to criminal. What he said about the vaccine and whether hed accept the results of the election. New trouble for Jerry Falwell jr. The 911 call now revealed. His wife becki desperately asking for help just days after those allegations emerge about their relationship with the pool attendant. Arrested. Breakout cheer star jerry harris waking up behind bars. The charge hes now facing and this morning the new bombshell allegation rocking the world of cheerleading. The exclusive usa today investigation about misconduct involving coaches, choreographers and more. Emmy countdown. Oneonone with Host Jimmy Kimmel. How hes pulling off tvs biggest night on a stage all by himself. How hell play off the winners and the surprise guests revealed right here on gma this morning. Its never really
Lead reporter for coverage of the 9 11 terrorist attacks. His books also have made big news and drawn many readers pick his nose book rage is his 20th. All of been national bestsellers. We are accustomed to bobs books taking us behind the scenes of highlevel meetings and into the minds of those making critical u. S. Policy decisions. His extraordinary about United States is at this time donald trump himself spoke with bob not once or twice but 17 times while the book was being written providing a remarkable series of glimpses into the president s thinking at key moments. The conversation with bob the cd will be another prizewinning journalist jane mayer, chief washington correspondent for the new yorker magazine which is been for 25 years. Jane is also the author of authoritative books that helped deepen our understanding of such important topics as the money behind the rise of the radical right, the war on terror, the Clarence Thomas hearings, and the irancontra affair. So jane and bo