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I now recognize myself for an opening statement. Chair,his tenure as fed he served as the chair of president bushs council of economic advisers. In their first congressional testimony since leaving the Federal Reserve, former chairs ben bernanke and janet yellen called on congress to take action to encourage economic recovery. To 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Tim...

Come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. I now recognize myself for an opening statement. Today, a select subcommittee is pleased to welcome our distinguished panel, dr. Ben bernanke and dr. Janet yellen. Dr. Bernanke was appointed chair of the Federal Reserve by president george w. Bush in 2006 and oversaw the Federal Reserves response to the Global Financial crisis. Before his tenure as fed chair, dr. Bernanke served as the cha...

The Coronavirus Relief packages passed by congress. Good morning. I call this hearing to order. Without objection the chair is authorized to declare a recess at any time. I want to thank everyone especially our witnesses for joining us today for our committees hybrid hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be ...

I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, staff has been advised to mute participants onl...

President bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Time eitherfirst dr. Bernanke or dr. Yellen have testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out of experts with extraordinary experience. As...

Special envoy for the middle east says israel must abandon its plans to annex parts of the occupied west bank. And measure beat looks to its neighbors for help in the fight against armed group thats responsible for the deaths of more than a 1000 people. You know one of the most powerful storms in decades has slammed into eastern india and bangladesh forcing more than 3000000 people to seek shelter at least 10 people have been killed in the indian state of west bengal a 2nd on pan barrels through...

Ms. Duckworth first he said i cant breathe. Then he called out mama for his late mother. Last monday, in broad daylight, george floyd was slowly, publicly killed by someone whose responsibility was to protect and serve. Officer Derrick Chauvin who has since been rightfully fired spent about three minutes ignoring floyds cries of pain. Refusing to move his knee from floyds neck, refusing to let up, to get up, even as the man under him begged for life and lost consciousness. Then he spent roughly ...

The presiding officer the senator from illinois. Ms. Duckworth as if in legislative session, i ask unanimous consent that the Senate Judiciary committee be discharged from further consideration of senate bill 1938 and the senate proceed to its further consideration. Further, that the bill be read a third time and passed and that the motion to reconsider be considered made and laid upon the table with no intervening action or debate. The presiding officer is there objection . Mr. Graham yes. The ...

Amount of money. That will allow the sba to give 300 billion of disaster loans. That will be a terrific impact on Small Business. It will also cover Unprecedented Programs of 25 billion for testing. Everybody is very focused on testing. What about money for states . The president is willing to consider that in the next bill. We are already distributing money to the states. We distributed about half of it last week. We will distribute the rest of the money this week. And we will consider that in ...

Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning sayin...