500 on pace for their biggest quarterly gains in nearly 20 years, and the nasdaqs about to have its best quarter since 2001. We will break down all the numbers for you. While this quarter was rosy, the future might not be so bright. If you ask Federal Reserve chairman Jerome Powell, the fed head warning of an extraordinarily uncertain economic picture due to the coronavirus. Treasury secretary Stephen Mnuchin just wrapped up testimony on capitol hill, long day for them. We will go to d. C. For all the fireworks that happened in that room. Meanwhile, we are just nine hours away from the deadline for Small Businesses to tap into what is left of the Paycheck Protection Program. It still has more than 100 billion available. The ceo of Valley National bank is here to tell us how he thought the program worked and what should be done with all that excess cash and should there be more stimulus. Then theres this. The Work Life Balance turned upside down during the coronavirus pandemic but as st
They expect and deserve. That helps them live their lives and run their businesses. And this weighs heavily on everyone, including us at pg e. This is not how we want to serve you. And this is not how we want to run our business. Were actually in the business of providing power, not taking power away. So we feel the impact of the decision, and i understand how it alters, how it disrupts the normal flow of life and the normal flow of community. But theres another part of the reality that were in. With winds like we saw over the last 24 hours or so and the condition of the vegetation, we simply could not continue to run parts of this system given the risk to Public Safety. We struggle with this decision, as we do with any decision to turn off power. We weigh the level of acceptable risk given the circumstances, the wind, and the vegetation, and we determine that we must have zero risk of a spark. So what exactly was the risk . Well, we know from history that wind speeds, the wind speeds
And run their business. This weighs heavily on all of us including those of us at pg e. This is not how we want to serve you, and this is now how we want to run our business. Were actually in the business of providing power, not taking power away. So, we feel the impact of the decision, and i understand how it alters, how it disrupts the normal flow of life and the normal flow of community. But theres another part of the reality that were in. With winds like the last 24 hours or so and the conditions of the vegetation, we could not run parts of this system given the risk to Public Safety. We struggle with the decision as we do with any decision to turn off power. We weigh the level of acceptable risk given the circumstances, the wind and the vegetation, and we determine that we must have zero risk of a spark. So, what exactly was the risk . Well, we know from history that wind speed, the wind speeds at which our lines can be affected and cause a fire. Wind speeds at about 45milesperhou
It comes to reinteract racism. Once the weather passes and pg e gives these areas the all clear. That is when all of their crews go out and the choppers go out. They physically look at all of those lines. Make the repairs and go from there. We want to get to that News Conference. Pg e is holding in San Francisco right now. Lets go to the podium. This is not how we want to serve you. This is not how we want to run our business. We are in the business of providing power. Not taking power away. So we feel the impact of the decision. I understand how it alters. How it disrupts the normal flow of life. In the normal flow of community. But there is another part of the reality we are in with winds like we saw the last 24 hours or so and the condition of the vegetation. We simply could not continue to run parts of the system given the risk to Public Safety. We struggled with the decision as we do with any decision to turn off power. We wave the level of acceptable risk given the circumstances.
[inaudible conversations] you may be seated. I ask unanimous consent that the chair be authorized to declare a recess at any time without objection so ordered. I ask members not on the subcommittee to participate and be allowed to ask questions after all subcommittee members have been recognized without objection so ordered. I want to recognize everyone to the curing of the subcommittee. Todays hearing is focused on admissions, curriculum and diversity of thought at the military Service Academies. I want to thank our witnesses for being with us today. I hopeo this hearing provides an opportunity for members to have a Productive Exchange with our witnesses and provide answers to their questions. First, let me say i believe our cadets are some of the best and brightest scholars and athletes are a nation has to offer. Each year a small group of americans enter the military Service Academy will not be easy sacrifice and hard work. In the end nearly a decade or more service to this great co