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Accountable lacks we are honored to have as the guests today the senior United States senator from the state of ohio and the Ranking Member of the committee somebody that cares passionately about the issues that we focus on and care about. Almost a decade ago in the aftermath of the Global Financial crisis in fact myself and my colleagues testified about from 2011 to 2015. Once again we face a great many challenges from those in the 2007 and 2009 financial crisis. I look forward to hearing the senators perspectives on how we got here and where we can go from here. Senator brown dedicated his career to restoring the words of doctor Martin Luther king jr. Called the dignity of work and a few examples of how he puts this into practice. The senator often wears a pin of ....
Im a financer and faculty director of the society initiative. We engage in dialogue, learning and leadership in the businesses, government and society from accountable capitalism, governance and trust. How do we ensure that we solved that customers, employees, investors and the rest of society and how do we ensure we have the right requirements in place and hold the government accountable lacks we are honored to have as the guests today the senior United States senator from the state of ohio and the Ranking Member of the committee somebody that cares passionately about the issues that we focus on and care about. Almost a decade ago in the aftermath of the Global Financial crisis in fact myself and my colleagues testified about from 2011 to 2015. Once again we face a great many challenges from those in the 2007 and 2009 ....
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward ....
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 announc ....
Heard officials of both administrations for two decades talk about agreements that are eventually going to happen, and they almost never do. Ambassador lighthizer has been a bit of a pit bull on this piece of it, but discussing it in the interagency process isnt really the same as pushing to help statebased backers understand that this has real consequences. I am glad it is a topic for discussion, but i would just say ,n the Intelligence Community oversight in the legislature, this is an increasingly bipartisan issue that republicans and democrats believe it is important to be holding these faux private Sector Companies in china to account, and show that we mean it, not just to say eventually somebody is going to come up the stairs if you keep stealing ip, and they continue to do it. For what it is worth, i think of one perspective on an increasingly bipartisan basi ....