Outbreak of covid19 has led to an unprecedented Public Health crisis and a dire economic crisis. We have lost over 110,000 people to the disease, and 40 million remain unemployed. Back in february as the band that it was worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage the sba disaster resources available. Can you please mute . Anyone should be muted. Everyone should be muted. As the virus continues to spread, or state and local governments began imposing stayathome orders and business closures. We quickly realized Congress Needed to do more to meet the full scope of the problem, and that is when we started working on what ultimately became the cares act. To help Small Businesses and eligible nonprofits, congress created a new Paycheck Protection Program, expanded eligibility to the program and provided payment and interest relief for current sba borrowers. I
Without objection the chair is authorized to declare recess at any time. Let me begin by saying the practice will continue to apply during remote hearings. We must continue to the rules of the committee and the house. Members are reminded the technology they are utilizing today the committee will operate in accordance with Solutions Vendor the subsequent guidance with respect to the rights of all of the members that participate. Please keep your camera on and also to participate in others like this one they prevented them from being recognized in the questions and i would move to the next available member and recognize the time provided they return to the proceedings. I will recognize that for the remainder of the time and if they witness loses connectivity during the testimony or questioning. It from the seventh Congressional District beginning in 18871996 to take on that critical role. Being a member of the Small Business committee to serve as a chair of minority enterprise. I look f
Loans provided through the c. A. R. E. S. Act during the coronavirus pandemic. The House Small Business Committee held this hearing. I want to thank everyone for joining us this afternoon for our committees First Official remote hearing. I want to make sure to note some important requirements. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Also, if you have to participate in another proceeding, please exit this one and log on later. You are recognized to minimize background noise. Over the last few months, the outbreak of covid19 has led to an unpresented Public Health crisis and dire economic crisis. We have lost over 10,000 people to the disease and 30 million remain unemployed. Back in february as the pandemic was getting worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage
Ferret fronsac she is out there with more on this affair and whats going on there. So manila after covering protests earlier this week its a much different feeling today today its almost like a block party you have in front of that instrument or the famous plane trying to turn you have a cruise with large speakers playing music people selling t. Shirts food vendors still people here in front of the White House Holding up their signs but its more of like a family event today which is kind of crazy because in the wake of this fun festivities going on here you have. Who is actually calling against calling for him to remove the police from the streets also repainting 16th street with black lives matter in those letters and also 3 maybe in the street actually 2 black lives matter that now here is actually a video from south of twitter earlier showing through the early friday morning putting the finishing touches on the black lives matter of year old that stretches for almost 2 blocks those
For injuring an elderly man during a protest and a word of warning the video youre about to see may be disturbing for some viewers on thursday and once he had the pavement the officers just keep walking by the man was later rushed to the hospital where he is listed in serious but stable condition a spokesperson for the city initially said the elderly man had tripped and fell but after video surfaced the Police Commissioner ordered an internal investigation and the immediate suspension of those 2 officers now the union that represents those officers say the 2 suspended officers were just following orders. And over to minneapolis minnesota a wounded city still dealing with the death of george floyd at the hands of 4 Police Officers there and the massive protests that followed today there are several developments in that city actually bankss on the ground with this report. I am here at the site where george boyd was killed by former officer and Derrick Chauvin and as you can see behind me