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
A strong stance against the russian strongman because franco. Is also one of the countrys most critical economic partners. For the show. And its good to have you with us a german Lender Deutsche Bank is no stranger to scandal paying more than 10000000000. 00 in fines and settlements over the last decade for everything from dodgy Mortgage Backed securities to Money Laundering but the bank has supposedly cleaned house now a trove of leaked files sheds new light on past transactions and raises the possibility of new scrutiny from regulators. For years customers from russia and other former soviet states funneled money into the western Financial System via too much of bank the socalled near a trade scheme unraveled in 2015 the bank later paid a settlement of more than 600000000. 00. Joy. Was found to have been engaging in a variety of suspect trades involving as much as 10000000000. 00. The bank didnt seem to be a victim they seem to be a participant in these mirrored trades back then dont
Trillion dollars a massive investigation finds Financial Institutions facilitated corruption and Money Laundering on behalf of criminals. And the emmy awards autos the watchman again and again the h. B. O. Drama takes a lab in the emmys in a mostly virtual extravaganza well bring you the highlights. Im sumi so much going to its good to have you with us Foreign Ministers are meeting in brussels where they are trying to break a deadlock over imposing sanctions on bello were seen officials at president aleksander look at the block has a list of some 40 officials of blames for violence against antigovernment protests and electoral fraud during last months president ial election but cyprus is blocking up those sanctions because it wants measures to be taken against turkey. On a separate issue exiled better will see an Opposition Leader sped. Up the meeting in brussels she is trying to keep up the pressure on the International Community to take action and a short while ago she gave an impass
Is still streaming night sky is an ever rarest sight for most people on the planet the night looks more like this. We shipmans can shield ourselves from too much artificial light. But plants and animals especially insects are defenseless against Light Pollution we meet someone whos trying to help them the 1st night Protection Officer in a german city. On this autumn evening Sabrina Frank goes out looking for sources of Light Pollution in her home city of folder in central germany she discovers a brightly illuminated plane tree on the university campus. This gets me really annoying people forget that trees have a biological rhythm to the one in the light still has all its lee. Well the one next to it is bad some call that. Too much artificial light has convinced the tree its still summer pronk is germanys 1st socalled night Protection Officer she goes around with a light meter measuring and recording the outdoor illumination 5 lux as the minimum intensity required here for squares and s