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CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For... July 12, 2024

Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses ....

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KPIX KPIX 5 News At 530pm July 13, 2024

Quickly found out he was right. Ive been running into quite a few different scams. So far this year the ftc received 18,235 reports of scams related to covid19 and collectively, americans have lost 13. 4 million to this type of fraud. Including fake apartment listings. Where a scammer uses social distancing as a convenient excuse. Aj showed us a series of emails from a suspected scammer named adam. He tells aj due to social distancing, he cant see the unit in person. He gets to the cell pushing aj to reserve the place before someone else does because other people are showing interest. The most interesting part about it is the price that he had on the property was probably 50 of the market rate. So it was really obvious that something was going on. So aj asked, is this a scam . Adam was ready with another excuse. This time blaming the federal government, saying the property was initially listed at a higher price but all homeowners had been asked to lower rents during the pandemic which ....

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CSPAN Washington Journal Claire Babineaux-Fontenot July 13, 2024

To express it is unprecedented. We have seen significant spikes in demand. We have seen reductions in supply. And right when people needed it the most need it the most. Host what does your organization do . How broad do you reach . Guest how network is 200 food banks around the united states. In normal times, around 60,000 pantries, 2 million volunteers. We have often said that we are serving every community where there is Food Insecurity. That means every single county and parish in the united states. In normal times, we serve every parish and county in the united states. Host in the last month, what has been harder, tougher to get . The need of people who need food or the ability of your organization to get it . Those are equally difficult challenges. I am sure your audience has seen that wee retail outlets have historically relied upon for donated food have empty shelves. When there shelves are empty, they are not in a positio ....

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CSPAN Washington Journal Claire Babineaux-Fontenot July 13, 2024

Ms. Babineauxfontenot, thank for you being with us this morning. Tell us what the last month has been like for your organization. Guest i think the only word i can use to express it properly is unprecedented. Weve seen significant spikes in demand. Weve seen reductions in supply, and right when people need it the most. Host typically what does your organization do . How broad to you reach and what types of places do you provide food . Guest our network is a network of 200 food banks around the United States and in normal times, over 60,000 pantries, kitchens, meal programs, two million volunteers. So we often have said that we are serving every community where there is Food Insecurity and that means every single county and parish in the u. S. In normal times we serve every parish and county in the whole United States. Hos ....

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CSPAN Washington Journal Claire Babineaux-Fontenot July 13, 2024

Weve seen significant spikes in demand. Weve seen reductions in supply, and right when people need it the most. Host typically what does your organization do . How broad to you reach and what types of places do you provide food . Guest our network is a network of 200 food banks around the United States and in normal times, over 60,000 pantries, kitchens, meal programs, two million volunteers. So we often have said that we are serving every community where there is Food Insecurity and that means every single county and parish in the u. S. In normal times we serve every parish and county in the whole United States. Host over the last month or so during the pandemic, whats been harder or tougher to get, the need of people who need food or the ability of your organization and similar organizations to get that food . Guest tho ....

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