College football starts in basketball and you get to root for your alma mater or the team yet come to follow and its a lot of fun. Its gotten to be really big business. There are billions of dollars gamble on College Athletics. Theres billions of dollars in revenue generated from College Athletics, and its all built around a model of amateur athletics. So the fact that a lot of people are making money off amateur athletics, the challenge is, trying to make sure that the Business Model is fair, what you do but the people watching play the sport without destroying the amateur nature of the game . Because most of the people on a College Athletic team, that will be the end of their athletic career in terms of getting compensated. They get scholarships, many of them do, and room and board of them go into the private sector and go on about their lives. But the College Athletic experience is something i want to reserve. There are many people get to share that experience who will not turn it i
About an hour and 45 minutes. I want to thank everyone for joining us for the official remote hearing. I want to make sure to note specific requirements. Let me begin by saying Committee Rules and practice continue to apply during the hearings. Members are reminded they are expected to adhere to decorum. With that said, the period designated by the speaker, 965, from the rules committee in a manner that respects the rights of all members to participate. House regulations require members to be visible during the proceedings so keep your camera on. Also if you participate in other proceedings please exit this one and log back in later. Of the member encounters technical issues that prevent them from being recognized for their questioning i will go to the next available measure member of the same party and recognize that member of the next appropriate time slot provided they have returned to the proceedings. Should the members time be interrupted by technical issues i will recognize the n
Theyre expected to adhere to these standing rules, including decorum. With that said, during the period, the committee will operate in accordance with hr 965 and specific guidance from the rules committee in a manner that respects the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings. So please keep your cameras on. Also, if you have to participate in another proceedings, please exit this one and log back in later. In the event a member encounters technical issues that prevent them from being recognized for their questioning, i will move to the next available member of the same party and i will recognize that member at the next appropriate time slot, provided they have returned to the proceeding. Being interrupted by technical issues, i will recognize that member of the next appropriate spot for the reminder of their time once their issues have been resolved. In the event a witness loses connectiv
Authorized to declare a recess at any time. I want to thank everyone, especially our witnesses, for joining us today for our committees hearing. I want to make sure to note some important requirements. By saying standing house and Committee Rules and practice will commit continue to apply through hybrid proceedings. Regulations require members to be visible through a video connection throughout the proceedings. Please keep your cameras on. Member to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, stafford been advised to meet participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Mnuchin, administrator carranza, thank you for being here today. I want to give a sincere thank you of both agencies who have worked tir
Procedural vote will take place this morning on the nominee. The confirmation vote later this afternoon. And the negotiations are continuing on a coronavirus aid package. Live coverage now here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate with prayer. The chaplain let us pray. O god our shield, we rejoice in the gift of your salvation. Look with favor upon our senators today, delivering them from fear and guiding them around the obstacles that hinder their progress. Lord, unite them for the common good of this great land. Lord, manifest your purposes to them, making clear your plans and guiding them with your love. Give them the wisdom to have confidence in your power, as you inspire them to use their talents as instruments of liberation and healing. Almighty god, have compassion upon our nation and world. We pray in your holy name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge a