Cspan coming your unfiltered view of politics. The Senate Aging Committee looks at the coronavirus and Racial Health disparities. Members and witnesses talk about how covid19 disproportionately addresses fx minority communities. Effects minority communities. Senator moran the Economic Impact of the shuttered main street businesses resulting in responsible Public Health protocols have been felt in every corner of the country. T has become clear that however, during this time of National Emergency and courtney did recovery, there are scam artists that seek to take advantage of consumers especially the nations most full noble communities like that of our nation seniors. Sentinel Consumer Network reports that consumers across the u. S. Have reported cases of different scams totaling approximately 90 million in losses from january 1 until july 20, 2020. At home in kansas over the same time period, consumers report over 500 million cases. Everyone should also bear in only the these are repor
Good afternoon as chairman of the Senate Commerce subcommittee on manufacture, trade and Consumer Protection i welcome you all here today to a hearing entitled, protecting americans from covid19 scams. The nation continues to fight the unprecedented Public Health present and president Public Health crisis brought on by the covid19 pandemic. In light of the serious threat this post to america, in the shoe shuddering of mainstream businesses, the response of Public Health protocols, have been felt in every corner of the country. It has been clear the preventive practices, policies, and resources, including expanded testing case testing capabilities and the ability to have protective equipment or absolute assess these to reopening the economy extinguishing this health crisis. However, during this time of National Emergency recorded and recovery, there are frustration scam artists that seek to take advantage of consumers, especially of the nations most vulnerable communities like that of o
Outbreak of covid19 has led to an unprecedented Public Health crisis and a dire economic crisis. We have lost over 110,000 people to the disease, and 40 million remain unemployed. Back in february as the band that it was worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage the sba disaster resources available. Can you please mute . Anyone should be muted. Everyone should be muted. As the virus continues to spread, or state and local governments began imposing stayathome orders and business closures. We quickly realized Congress Needed to do more to meet the full scope of the problem, and that is when we started working on what ultimately became the cares act. To help Small Businesses and eligible nonprofits, congress created a new Paycheck Protection Program, expanded eligibility to the program and provided payment and interest relief for current sba borrowers. I
Loans provided through the c. A. R. E. S. Act during the coronavirus pandemic. The House Small Business Committee held this hearing. I want to thank everyone for joining us this afternoon for our committees First Official remote hearing. I want to make sure to note some important requirements. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Also, if you have to participate in another proceeding, please exit this one and log on later. You are recognized to minimize background noise. Over the last few months, the outbreak of covid19 has led to an unpresented Public Health crisis and dire economic crisis. We have lost over 10,000 people to the disease and 30 million remain unemployed. Back in february as the pandemic was getting worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage
Samoa, the commonwealth of northern Mariana Islands come along, puerto rico and u. S. Virgin islands. More poorly we want to receive the perspective from our congress can help localss governments adequately address this world pandemic. Not just for the territories, its even i think have a better understanding when we say world pandemic as opposed to just try to keep it to the mainland here, discussion. The territories face unique challenges, geographic location, the unequal treatment under federal programs and the dire financial situation. And so the islands have been hit, have been hit by severe Natural Disasters including hurricanes, typhoons, earthquakes, and now theyre weakening the Healthcare Infrastructure in the economys is covid19. The local governments have been working to recover these communities and rebuilding these events, but w i believe theres more that needs to be done, and that one of the things that this virus has provided all of us, and helped provide everyone in con