Minority Development News Today

Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with ...

About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot an...

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...

Massive local tax increases. Anyone of those alone threatens to make this economic crisis even worse and the combination of all three is almost unthinkable. The bureau of labor statistics just reported that state and local governments laid off nearly one million workers in april. That is almost one million firefighters, police officers, teachers, Emergency Personnel that should be on the front lines of the Public Health crisis but are sidelined instead. Chairman powell, let me start by asking, d...

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...

But at what cost . If it really picks up, its hard to stop again. While conquering the virus or getting back to work is a false choice. Plus, three top officials now in some form of quarantine after possible exposure inside the white house. My guests this morning, Infectious Disease specialist miker osterholm and jeffrey shaman, and Lamar Alexander of tennessee. Also historic unemployment disaster. Unemployment numbers not seen since the great depression. Im going to be homeless if i dont open m...

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...

But at what cost . Ck up, its hard to stop again. While conquering the virus or getting back to work is a false choice. Plus, three top officials now in some form of quarantine after possible exposure inside the white house. My guests this morning, Infectious Disease specialist miker osterholm and jeffrey shaman, and Lamar Alexander of tennessee. Also historic unemployment disaster. Unemployment numbers not seen since the great depression. Im going to be homeless if i dont open my business back ...

Thank you all for being here today. m going to go out of order, thank you, mr. Chairman, for holding this important hearing. I first want to get on the record and thank our subject matter experts. Experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the coronavirus. I regret that in minutes i have another meetin...

Thank you all for being here today. m going to go out of order, senator young has a related hearing to be at, i want to be sure hes able to be on the record before we begin. Senator young i first want to get on the record and thank our subblingt matter experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the cor...