Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Active out there. Reporter and is still very active. But just up to a few minutes ago it looks like theyre putting away the ladder truck that you see right here. They were putting out hot spots for hours. Like i said, just a few minutes ago they started wrapping things up. But there is no word yet on when this fire will be considered contained. I had never seen a city fire spread this fast before. It was amazing. Reporter huge plumes of black smoke billowing into the sky as flames burned six buildings in san franciscos intermission district. The flames were three times as high as the building was. I mean it was fully engulfed back there. Reporter firefighters said the fire started on erie street, the backside of a wholesaler that sells steeled fabricated building supplies. In 10 minutes the whole building was gone. Reporter bruce bartfelt tells me the business was started by his father 75 years ago. This is what it looked like before the fire. The 73yearold says he arrived to open up s
We cannot continue to do what we have done for the last number of weeks. There is counties continue to reopen, the governor pleaded with californians to take covid 19 seriously. There is a surgeon hospitalizations and icu patients. The state performed a record 96,000 tests with the positivity road rose to 5. 1 . We have seen increased numbers and a lot of those numbers reflected in the bay area. That is part of the state that has moved into this new phase. Reporter the governor appointed to memorial day and statewide protest. The state remains confident in its preparation. We crushed the curve. We made it Crystal Clear when we did that. We never experienced the big spike where we were not prepared for an increase. Reporter the governor threatened to withhold relief funding for counties that would not comply with the reopening criteria including a new face mask order. We are going to attach consequences to that. It simply will not flow to those counties. Reporter the message is not sitt
Aljazeera. And on the. Roof. I dont at all watching aljazeera thats for money about top stories this hour george fords calls and has arrived at the fountain of praise church and his hometown of houston where people have been gathering to attend his funeral his death in Police Custody sparked 2 weeks of protests across the u. S. And around the while. Hundreds of people have also gathered to pay their last respects to floyd in minneapolis the city where he died. And burundis president has died at the age of 55. 00 a government statement says he died of a homes attack on monday he was due to step down and organist off to the recent president ial election. Well lets take you back to houston now and the fountain of praise church where as you can see the beginnings of the funeral of george floyd are currently underway a large number of people have arrived we did see the reverend al sharpton walk in with George Floyds family now u. S. President ial democratic hopeful joe biden will not be att
Just 11 pm this monday night here in moscow 2030 decembers of his welcome to this live half hour update from the r. T. International news center with me kevin 1st then were going to focus on the u. K. For a top story there are new concerns there over the state of the National Health service after a woman died in hospital of cardiac arrest following what her family say was a 6 hour wait for an ambulance having broken her foot outside her home in south wales donna gilby they say was left lying on a freezing pavement until help eventually arrived the Ambulance Services apologized for the lengthy delay but also emphasize too that the n. H. S. Is under enormous strain especially at this time of year. We are sorry that our response took longer than we would have liked on this occasion lengthy waits for an ambulance or a sign of pressures across the whole unscheduled care system not just in wales but across the u. K. To show here it was dusty takes a closer look at this tragedy and the raft o