Apply during the hearing but all members are reminded that they are expected to adhere to the standing rules including the quorum. With that said im designated by the speaker the committee will operate in accordance with 965 under strict it guidance from the rules committee to respect the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings so please keep your cameras on. Also if you park dissipate in the meeting please exit this one and log back in later. If a member encounters a technical issue that prevents them from being rack ignites for their questioning i would move to the next available member of the same party and i will recognize that senator in the next appropriate timeslot provided they have returned. To do to members time being interrupted by technical issues i will recognize that senator at after meeting time with her issues have been resolved. During questioning her testimony while res
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
I want to make sure to note some important environment. Standing house and Committee Rules will continue to apply during the hearings. All members are reminded to adhere to the standing rules including the quorum. With that said im designated by the speaker the committee will operate in accordance with 965 under strict it guidance from the rules committee to respect the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings so please keep your cameras on. Also if you park dissipate in the meeting please exit this one and log back in later. If a member encounters a technical issue that prevents them from being rack ignites for their questioning i would move to the next available member of the same party and i will recognize that senator in the next appropriate timeslot provided they have returned. To do to members time being interrupted by technical issues i will recognize that senator at after meeting
This afternoon. Im jean elwood, Vice President of foundation and institutional getting at the Atlantic Council. Im so pleased to welcome you to the first of a series of events the Atlantic Council and our Global Business and Economic Programs will be hosting around covid19 Economic Impact on women area covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbeing area 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 Area the burden of unpaid work and family care also contribute to widening genderinequality. At the same time , women have been at the front line of fighting covid19. Essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the bruntof economic cost. We the Atlantic Council are com
Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received the requested funds through the program. I have heard from many a minority owned businesses who did everything right, they did not give a low number or loan in the first round, many minority businesses share the enhancement act was not adequately designed to enhance or assist Small Businesses. Thank you to the partnership of the Financial