Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio
Sisters. Still, there was always a little tension especially when it came to sunday dinner. The grandmothers were kind of in competition with one another. So we would start here, at grandmom jacobs, we would have a typical italian mealidwait, i m. Reporter so you had to go to the other grandmother . We had to eat at both houses. Reporter it was here at the home of her maternal grandparents that jill jacobs first introduced the family to joe biden. The u. S. Senator she had been dating. A widower, nine years her senior with two young sons. My grandmother when she saw joe, she was so excited. I can picture her in her house coat, and her black lace up shoes. She said im so excited to meet you because she was a staunch democrat. Reporter jill and joe biden were married in 1977. She said she first fell in love with his boys. Bo and hunter. And they were front and center in 1980, when she realized that she and joe might be expecting a new baby. They went with me to the drug store to get the
Hurricane season. Unemployment emergency. This weekend millions of americans benefits are set to expire. Hear whats holding up a new round of support in congress, plus find out what the president just said he regrets. And chief decision. The first medical doctor to play in the nfl opts out of the 2020 season. Hear the super bowl champs reason why, and find out how much he stands to lose from the move. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. Tropical storm hanna could very well become a categoryone hurricane making landfall somewhere around the Corpus Christi area. South texas is bracing for a possible hurricane. Warnings are up along the 200mie200 200mile stretch of the gulf coast. Hurricane douglas is starting to weaken. Thats good news. Reporter nearly 74,000 americans tested positive for covid19 in just 24 hours. It will take a few weeks, maybe three weeks or so, to see the downturn. And once youre on a downturn, dont declare victory.
Question we will have another pandemic, it is not if, it is when. We need to be prepared. We will spend a lot of time correctly thinking about vaccines, surveillance systems. We should think about all of those things. We also think about the underlying causes, the next pandemic we need to Pay Attention to safe houses, gender equity, that is ultimately what we saw in this pandemic was a failure of infrastructure in the pandemic having the consequences. Host we will get into that a little bit later. When you say not if, but when guest anybody who says when, is essentially guessing. In terms of not having a major out leak. Sars hit canada hard. Never really came to the u. S. Things like ebola. Fundamentally, there is some video secrecy. This one hit the world hard. There is no reason to believe it has been the Human History for thousands of years. It doesnt mean we will not have one again soon. Host the sars, what happened 10 years ago, we are lucky it didnt come from a pandemic. If this