The subcommittee is now in order. I want to thank you and appreciate you for the work you have done to make this hearing possible. We cannot make it without you. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized to participate in this hearing. Members are responsible to mute themselves and on mute themselves. With the regulations accompanying hrs 965, staff will only use witnesses as appropriate. Members are reminded that all rules relating to order and a decorum applied to the hearing. Members are reminded that this hearing is entitled, paycheck security Economic Perspectives on alternative approaches to protecting workers pay during covid19. I now recognize myself for four minutes to give an opening statement. In february, before a pandemic was declared and the economic livelihood of americans was placed in peril, i sent a letter asking the White House Treasury Departme
Programs and committees as well. We will take you live to the financialal services subcommittee. The subcommittee is now in order. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized twopart is abated todays hearing. I remind you to keep your video function on at all times, even when not recognized by the chair. Numbers are recognized recommended not to mute themselves after they are finished speaking. With the regulations , staffnying hrs 965 will only use witnesses as appropriate. Members are reminded that all rules relating to order and a quorum applied to the hearing. Members are reminded that this paycheckentitled, security Economic Perspectives on alternative approaches to protecting workers pay during covid19. I now recognize myself for four minutes to give an opening statement. In february, before a pandemic was declared and the economic livelihood of americans was
For more than 2000000. 00 of its poorest people and taiwans president visits a dissident bookseller from hong kong even as a senior chinese general warns of military action against the island. And his 4 u. K. Police want some premier league games to be played at a neutral venue when the season restarts police cloying its part of an effort to stop firms gathering outside stadiums during matches. Paul donald trump is being accused of glorifying violence and inflaming racially charged protests across the United States the president said that when the looting starts the shooting starts hes referring to the city of minneapolis where days of demonstrations have followed the death of an unarmed black man youre watching live pictures from the streets of minneapolis now seeing the the increased security presence there the National Guard has also been called in and the man has declared a 72 hour emergency. Begins our coverage. This was the police said a very different night of protest a Police S
The case for Unconditional Cash and then growing up in a small town in North Carolina called hickory North Carolina near the appellation mountains the mother was a School Teacher and my a father was a newspaper salesman we had a good middle class existence i got Financial Aid to go to a fancy boarding school then to harvard where we started facebook 2004 and the rocketship rise of facebook is pretty wellknown story. But in my own case i made quite a bit of money at a young age and it forced me to think about what is the most powerful way we can help rebalance the economy so the. 1 percent two is so lucky is not getting lucky at the expense of everyone else. That is a long journey of the most powerful way to help people get ahead. It turns out the evidence is pretty clear if you provide people with cash, Unconditional Cash, then they invest in themselves, their families, communities kids do better in school they do better if not better in school the reason to empower is not only to make
This very important topic. I wrote the book to make the case for Unconditional Cash but grounded in my own personal experience i grew up in a small town in North Carolina called hickory with the appellation mountains and as a traveling paper salesman we have a very middleclass existence of a god Financial Aid and then harvard we started facebook 2004 and the rocketship rise of facebook is pretty wellknown. But in my own case i made quite a bit of money at a young age when it forced me to think about what is the most powerful way to rebalance the economy so that the 1 percent that keeps getting so lucky is actually not getting lucky at the expense of everyone else. That took me a long journey to help people get ahead and it turns out the evidence is pretty clear that if you provide people with cash, Unconditional Cash, no Strings Attached, then they invest in their communities their Health Outcomes are better they work just as much if not more. So to answer your question the reason to e