Joining us live from montclair, new jersey, is the editor at large of inc. Magazine talking. Com and we are about the Paycheck Protection Program. Thank you for joining us. Explain the Paycheck Protection Program and give us this days report on the new law . Now there isht money available for businesses who need it. That allows them to get a loan backed by the fda that will allow you to pay your employees, potentially, while your business is closed. The first round of the money for the program was 349 billion dollars and it ran out after just under two weeks, about 13 days. The second round of money, we believe there is 100 billion left. A lot of people think the program is over, but for Business Owners for whom this is a good solution for keeping employees on, there is money Still Available and they should apply. Host what did you learn about part one of the program . What needed improvement . Guest a lot of dissatisfaction a lot of dissatisfaction was centered on the way it was execu
[inaudible conversations] welcome to politics politics and prose so we will jump right in. Please silence your cell phones we will be recording audio and video. To ask the same questions there will be a signing behind the register and then he will sign them and just prop them against the surface when were done thank you. Finance editor from the New York Times reporter and editor at the wall street journal david enrich before that and a reporter in new york winning numerous journalism awards previously the author of the Spider Network how the scheming bankers pulled off in history which was the book of the year so his newest book dark towers donald trump and the epic trail of deception and its relationship with us president and then to demonstrate the evolution and character to become the global face of financial malfeasance please welcome david enrich to politics and prose. [applause] hello. Ive had a lot of book events im not kidding six people in the room this is awesome so i will ta
Club. I want to take a second might be going to please silentio cell phones. We will be recording audio and video so thats a great incentive to try phones, and also to ask questions with open the floor up, theres a standing mic here in the middle when we do that after the talk here following the talk and the questions there will be assigning. We have books available behind the register. After the talk if you want to get up and purchase book and come back david would be more than happy to sign the. Finally after everything is said and done if you could collapse futures pictures about them up against a surface, that would be greatly appreciated. Thank you. Tonight i have the pleasure of hosting david unhra, plaintiff entered at New York Times. He previously was a reporter and editor at the wall street journal in new york and london. Before that he was journal of European Banking london and has won numerous journalism awards including the 2016 award for feature writing. He is the author o
Pleasure to read. I think is great and important because a lot of attention. And just wanted to start out by kind of pulling back a little bit and asking you why did you want to write about Political Parties visiting your first book was focused on lobbying and in the universe of potential reforms, the electoral college, one of the biggest ones money in politics between your tongue about. The growth of executive power, he chose to focus on parties. Thats really is the linchpin. Can you talk a little bit about the parties. In the process. Matthew is going to be with you again. If an reunion here. Lee on cspan. And so why did i write this book. Another because i was worried about american democracy. I saw hyper partisanship as a serious problem. Affecting a country and i wanted to think about if there was some way to maybe solve the problem. It kind of exploded in a somewhat indirect way for my previous book but the corporate lobbying in that book i had basically concluded that one race w
Order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds independent Monetary Policy. A recent news story noted that trump has tweeted over 100 times about the fed since your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics in upholding the feds independence you should be mindful of public perception. Of course, trump continues to try to claim credit for Economic Growth that was put in motion by the policies of president obama Congressional Democrats and the Federal Reserve, irresponsible tr