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
Their video functions on at all times even when they are not recognized by e chair. Members are also reminded tha they are responsible for muting and on muting themselves and to commute to themselves after ty finishedpeaking. Constent with the regulations accompanying House Resolution 965 will only mute members and witnesses as appropriate. When not recognized for inadvertent background noise. Members are rinded that our house rules relatin to the order andhe decorum of the hearing. This hearing is entitled insuringgainst a pandemic challenges and solutions for policiesnd i now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 million ople could enter a state of extreme poverty do that tohe global econoc contraction and here in the United States, 67 Million People filed for Unemployment Insurance since march of this year. The harmfu effects of this pandemic are the stability of small bunesses like restaurants can
Our nbc news team is here with these new developments. Hans nichols is at the white house and Erin Mclaughlin and ron allen. Nbc news reporting the white house is looking at may 1st as a possible day to reopen parts of the economy. Walk us through what were learning. Reporter id swap out possible with planned. Thats the target date that some in the Administration Want to hit. Theyre expecting that may 1st is going to be the day they open up the economy. The question is, on what scale . Will it be regional . Will it be granular . Will it be some sort of rolling situation like youve heard from dr. Fauci . The president according to some sources wants to have a big opening. But all the other officials that were talking to want to have this be rolled out more slowly. You heard from dr. Reddfield earlier today, hes laying down an important marker. Hes saying its going to be difficult to open up the economy unless you have a test, a blood test, on a widespread level to know just who has been