We are meeting today to conduct an important hearing on the Small Business administration Paycheck Protection Program, or ppp, specifically, review review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. Over the past several months, this committee has held numerous hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicat
Hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicated rules and reported feeling unable to adequately help their borrowers through the forgiveness process. Through it all, borrowers simply wanted to ensure they were using loan proceeds consistent with the law so they could qualify for full loan forgiveness, and effectively convert the loan into a grant, which was the
Organizations on legislation recently passed in the senate which is expected to be taken up in the house. This is 90 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] good afternoon, everyone. The committee will come to order. I am pleased to have this opportunity today to hear directly from organizations that work with, represent or support millions of veterans every day. This committee has gatheredli today to hear from these organizations their firsthand perspective and reasons they support our comprehensive Suicide Prevention legislation, s. 785, the commander John Scott Hannon Veterans Mental Health care improvement act. This is a legislation that is been before this committee and before the senate, and i wanted to give the opportunity to those Veterans Service organizations and others the ability to tell us any thoughts that in regard to this legislation as we negotiate with the house in its p
I thank amanda for that. I thank amanda for the work shesing to and trying to do sthees doing and trying to do, but in too many instances, members of congress are not aware of the reality out there. The stories go on and on and on. Now that the 600 a week in Unemployment Benefits has expired. Now that the moratorium on evictions has also expired, this crisis is only to get worse and worse and worse. In my view, we need to extend the extra 600 a week in Unemployment Benefits for the 30 million measures who have lost their jobs. I think that is a nobrainer. People are hurting. People are desperate. People cannot feed their kids. People are going to be evicted from their homes and their apartments. We have got to respond to that pain and extend that 600 supplement to normal unemployment. I would go further. I believe that we need to make sure that every workingclass person in this country receives 2,000 a month until this crisis is over so they can have the security that they need, that t
Chief eddie garcia says he has no control over retired employee but added any current employee involved with bigoted material online will be investigated and held accountable to the fullest extent of my power. We have no place for this. Department has complicated history with things like this. Menacing tweets about the black lives matter movement, arbitrator reversed the chiefs decision to fire the officer. Currently pushing to change the system. Too hard for chiefs in this city or any other to fire bad cops. As for the new case, mayor is calling for a full investigation. In our efforts to build a better bay area, were focusing much of our energy on reopening plans. In surprise about face, San Francisco is hitting the brakes. Just monday announced more businesses able to reopen, contingent on state approval, received yesterday. Today mayor london breed announced its back on hold. Kate larsen is live. Just yesterday mayor breed was at San Francisco zoo, talking about it and other busine