Economic programs will be hosting around covid19 Economic Impact on women. Covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbein. Of course as we all know, women were already at an economic disadvantage before this crisis. In every corner of the world women have been at a disadvantage in terms of education, career options, wage rates, Financial Inclusion and access to technology. The burden of unpaid work and family care also contribute to widening gender inequality. At the same time, women have been at the front line of fighting covid19. From essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the brunt of economic cost. We at the Atlantic Council are committed to understanding what is happening both here and within the United States and around the world and striving to chart a better way forward out of the crisis. Im excited about our Global Business and economic program, working
Scalia talks about the trump administrations economic Recovery Efforts in the wake of the coronavirus pandemic. This event hosted by the Heritage Foundation was held by videoconference. I would like to introduce a great friend of the Heritage Foundation and wonderful member of the administration to work with. It is fitting that we have with us today secretary of labor eugene scalia. A secretary he plays a Critical Role in the american recovery from covid19. The Labor Department has a central role in overseeing the new federal programs created to help workers and their families respond to the coronavirus. Secretary scalia has been an outstanding advocate for protecting American Workers during the crisis and removing unnecessary regulatory burdens that will hinder our recovery. Donald trump has called them one of the most qualified people ever confirmed as secretary and we are truly honored to have him with us today. Secretary scalia, thank you for joining us today for the release of thi
Board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title four of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. Fundingportion of this is authorized under title iv of the cares act which provides resources to loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and support of eligible businesses, municipalities, and tribes. Title iv of the cares act anvided 454 billion as infusion into the Exchange Stabilization fund to support the Federal Reserves emergency lending facilities that facilitate liquidity in the marketplace and support eligible businesses, states, governments, and tribes. This unique authority known as 13 three authority is authorized under section 13 of the Federal Reserve a
We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emergency lending facilities that facilitated the qualities to support eligible businesses, states, local governments and tribes. And to be authorized under section 13 and to stabilize those markets but the Federal Reserve announced the establishment of the intent to establish to support the Financial Markets and businesses including some that are supported by the cares act. Last week other members of
To this virtual hearing the honorable steven mnuchin, secretary of the department of treasury and the honorable jerome powell, chairman of the board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and programs in support of eligible businesses, states, municipalities, and tribes. Title iv of the cares act provided 454 billion as an infusion into the Exchange Stabilization fund to support the Federal Reserves emergency lending facilities that facilitate liquidity in the marketpl