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We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribe...

To this virtual hearing the honorable steven mnuchin, secretary of the department of treasury and the honorable jerome powell, chairman of the board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A la...

Bill providing an additional 3 trillion in coronavirus economic stimulus. We expect to see that bill on the floor tomorrow. Also to discuss promoting voting and Committee Work. And now back to the start of todays hearing, this is cspan3. [inaudible conversations] the rules committee will come to order. Before i give my Opening Statement i just want to read a guidance from the attending physician, doctor monahan. We asked him specifically about the use of face coverings during proceedings like th...

We will receive testimony from the secretary of the treasury and e chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergen...

Okay, the rules committee will come to order. Before i give my opening statement, i just want to read a guidance from the attending physician. And we asked him specifically about the use of face coverings during proceedings like these. And while he is not mandated their use, he did share that, and i quote, my preference is that members retain their face covers when speaking as speaking is an activity which can release virus particles, especially if the speaking is of high spirited nature. And iv...

We have a change in schedule. As we explained in the hearing memo, we were planning to do Opening Statements from 9 30 to 10 00 and testimony and questions from 10 00 to 1 00. This morning we were informed that President Trump and Vice President pence have called our witnesses to about emergency meeting at the white house. We dont know the details just that it is extremely urgent. Now the witnesses have to leave at 11 45. In light of the sudden change we will significantly reduce Opening Stateme...

Brought to you today by your television provider. Next, centers for Disease Control and prevention director dr. Robert redfield and National Institute of allergy and Infectious Diseases director dr. Anthony fauci testify on the coronavirus outbreak. They were joined by other Health Officials at this House Oversight and Reform Committee hearing. It is two hours and 10 minutes. The committee will come to order. The chair is authorized to declare a recess at any time. I want to inform members that ...

Redfielddr. Robert testify on the outbreak. It is two hours and 10 minutes. South korea has now tested more than 196,000 people but we are not anywhere close to that. They started conducting drive through testing, but people here in the United States cant even get tested by their own doctors. This is the United States of america. Were supposed to be leading the world, instead were trailing far behind. How did south korea test so many people so quickly but we didnt test a fracture of that number ...

[indistinct conversations] the committee wil without objection, the chair is authorized to declare a recess of the committee at any time. I want to inform members that we have a change in schedule. As we explained in the hearing memo, we were planning to do Opening Statements from 9, 30 to 10 00 and testimony and questions from 10 00 to 1 00. Is morning, we were informed that President Trump and Vice President pence have called our witnesses to an emergency meeting at the white house. We dont kn...

Best people in the world. Congress is willing to give us much more than we have been asking for, thats nice for a change. But we are ready, willing and able. We have its going to be well under control. It may make it a little bigger, it may not get bigger. But regardless of what happens, we are totally prepared. Travel restrictions from china, it has spread to italy and other countries. President trump im the president of the United States, im not the president of other countries. They are respe...