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For the Government Accountability office. Guest thank you for having me. Host tell us why the gao did this report. Guest the cares act passed in verch required us to ha oversight of the funding and activities of the federal government, specifically it requires us to provide oversight of the governments efforts to respond to and recover from covid19. And it includes us assessing the impact of covid19 on Public Health, as well as at the economy, as well as track the funding and use of the funding. The act requires us to report everything, starting 90 days after an accident, so the june report was our first report, and we will be issuing additional reports every other month. Host as soon as the legislation assigned, enacted and signed, the gao is monitoring . Guest absolutely, we are providing realtime oversight. We have experience doing this. Going back over a decade ....
Government, specifically it requires us to provide oversight of the specifically, it requires us to of the ongoing oversight governments efforts to recover covid19. The act requires us to report every 60 days, starting 90 days after an announcement, so our june report was our first report, and we will be issuing additional reports on the other months. Host basically s s this is signed, the gao is monitoring its spending . Guest absolutely. We are providing realtime oversight of the fund and we have experienced during this, going back over a decade, for example, under the troubled Asset Relief Program that provided assistance to the financial sectors after the financial crisis. We were required to provide ongoing oversight and issue a report every 60 days. We have experience and build on that experience to hit the ground running to provide immediate oversight and help ensure accountability and transparency of how the funds ar ....
Germany. Where exactly. Are culture history. Travel extremely. Global markets fear recession and go looking for cash investors in Companies Abandon stocks on wednesday as well as typical safe havens like bonds and gold now governments are racing to prevent a spiral. Also on the show well look at the start of a berlin thats proven to be especially vulnerable to the coronavirus. And we showed the way Cargo Companies like are dealing with the backlog of the pandemic keeping at least some supply chains. This is your business report. Its good to have you with us. Global markets continue their sharp sell off on wednesday after more key businesses sounded the alarm over worsening finances. And plans to freeze their activity now the dow and the price of oil both tumbling wednesday safe havens interesting lee were also hit hard gold falling as well as the yields on 10 year u. S. T ....