Banking systems, the impact of covid19, and communities of color. This runs an hour and 45 minutes. Today we welcome the regulators, the comptroller of the currency, brian brooks. The federal deposit insurance corporation, jelena rodney hood. Since the passage of the coronavirus aid relief and Economic Security act or cares act of your agencies have taken many meaningful steps to mitigate the meaningful impact of the pandemic and provide conditions that will lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers loan for theirpp outstanding debt. Your agency should continue to carefully review the regulatory and supervisory frameworks, adjusting where necessary to bolster Financial Institutions to support economic recovery, which, by the way, has shown positive signs over the past several months. On octobe
Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Minutes. This runs an hour and 45 minutes. Sen. Crapo today, we welcome the regulators, the comptroller of the currency, brian brooks. Chair of the federal deposit insurance corporation, Jelena Mcwilliams, and rodney hood. We will receive testimony from each agency on efforts and plans since you last testified before the committee. Since the passage of the coronavirus aid relief and Economic Security act, or cares act, your agencies have taken many meaningful steps to mitigate the Economic Impact of the pandemic and provide conditions that will lead to a forceful recovery. Lead to a forceful recovery. On october 30, the Federal Reserve announced changes to its main Street Lending facility on october 30, the Federal Reserve announced changes to its main Street Lending facility including decreasing the minimum loan size for priority loan facilities from 250,000 to 100,000, and allowing borrowers to deduct any ppp loan for their outstanding debt. Loan for their ppp outstanding debt. Your
People in your own family . They have to draw straws on who eats outside. The cdc guidelines are very tough on that. They dont want you to travel, but millions are. Lets get the lay of the land with Charles Watson at Atlanta International airport. Atlanta, the focus of a lot of things but right now, travel blitz under way. Hey, charles. Reporter good afternoon, neil. Youre right, a travel blitz is under way. We have seen a steady flow of people going in and out of Hartsfieldjackson International Airport all morning long and whats clear that is people are determined to stick with their thanksgiving holiday plans. Airports are seeing some of the largest crowds that they have seen since before the pandemic began, with more than four Million People screened since friday. Regardless, Public Health experts say millions of people traveling right now is just a recipe for disaster. Dr. Fauci has said that what we are seeing now, the levels of travel that we are seeing right now, will reflect in
Virtual event with susan hough and henry fountain. Before he began i do have some short guidelines. It would like to ask a question for the q a just use ask the question button at the bottom of the screen. Etc questions that seem interesting you can also vote for them and they will make their way to the very top of the list. If youre considering supporting a bookstore by purchasing a copy of, copy of tonight featured book click on the green purchase button directly below the viewers screen. You will be directed to our website where you can complete your purchase. Our next Virtual Event is scheduled for tomorrow august 28 with jon wiener and you can learn more about upcoming Virtual Event on a website as well as by following us on outcast. With that said let me briefly introduce our speakers for tonight. Susan houseman is a Research Seismologist so i bet that at the u. S. Geological survey in pasadena, california. She served as an editor and contributor from many journals and is a contr