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CSPAN Senate Banking Hearing On Financial Regulators Oversight July 11, 2024

Banking systems, the impact of covid19, and communities of color. This runs an hour and 45 minutes. Today we welcome the regulators, the comptroller of the currency, brian brooks. The federal deposit insurance corporation, jelena rodney hood. Since the passage of the coronavirus aid relief and Economic Security act or cares act of your agencies have taken many meaningful steps to mitigate the meaningful impact of the pandemic and provide conditions that will lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers loan for theirpp outstanding debt. Your agency should continue to carefully review the regulatory and supervisory frameworks, a ....

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CSPAN2 Senate Banking Hearing On Financial Regulators Oversight July 11, 2024

Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testi ....

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CSPAN Senate Banking Hearing On Financial Regulators Oversight July 11, 2024

Minutes. This runs an hour and 45 minutes. Sen. Crapo today, we welcome the regulators, the comptroller of the currency, brian brooks. Chair of the federal deposit insurance corporation, Jelena Mcwilliams, and rodney hood. We will receive testimony from each agency on efforts and plans since you last testified before the committee. Since the passage of the coronavirus aid relief and Economic Security act, or cares act, your agencies have taken many meaningful steps to mitigate the Economic Impact of the pandemic and provide conditions that will lead to a forceful recovery. Lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility on october 30, ....

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CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For... July 12, 2024

Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses ....

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RT In Question July 12, 2024

Lets begin with the latest kobe 1000 numbers worldwide cases now topping 10700000 and 517000 reported deaths the top 3 countries with the most cases the u. S. Still leading the way again followed by brazil and russia right here stateside 2600000 cases with 128000 reported deaths meantime there is growing concern about an uptick in covert cases in prisons nationwide and as americans prepare to celebrate the 4th of july state and federal officials urge everyone to take precaution and wear a mask were going to bring you 2 reports on this. Starts off. We are now having 40 plus 1000 new cases a day i would not be surprised if we go up to 100000. 00 a day if this does not turn around and so i am very concerned it was a stark warning from dr anthony south to you that the u. S. Could start to see nearly 100000 new cases a day when state the u. S. Saw 50000 new cases and states across the country are. Starting to see a spike we have specifically targeted our efforts to close in door operations ....

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