That wraps up todays white house briefing. We now return to last Thursdays Senate commerce meeting on fcc oversight. The serenity they necertaint build at scale. Capital, talent is scarce. Innovation doesnt have to visit. The more difficult it is, the less likely we hare to get it. And its consistent, i would add, with three years of reforms we have made oven with great heat taken. They have been a proven concept for a regulatory approach. I think the reforms, the ones you championed in the steam line act, would have us close the Digital Divide. The period is a marked contrast from the prior eight years. We wasted a tremendous amount of time chasing around partisan little agendas, rather than focusing on what matters. I think this pandemic has pult Telecom Policy in a crucible. That is what we have to focus on. On closing the Digital Divide. That is where we have been the last three years and its paying off results. We have not raised the mission divide yet. And the u. S. Infrastructur
Fed chair is currently testifying to the house ways and means committee. Whether it is eu in china or the u. S. In china, we will break that down. We will have exclusive interviews with the erickson ceo. The main story continues to be the fed. The pandemic may threaten the stability of longterm Inflation Expectations. That was according to the vice chair yesterday. I judge that measures of longerterm inflection Inflation Expectations were at the downturn at the lower end of the range that i consider consistent with our 2 inflation objective. Given the likely downturn, we are at risk of falling below that range. Us now is blackrock system medical systematic portfolio manager. What does that mean if we fall sustainably below that range . That is where we are today. This is a huge shock. It is a huge shock across both sides of the economy. That has been met with less price inflation. We have seen the impact across price commodities. We have seen it yesterday with retail sales in recovery
Education and the jobs. Thank you all very much. I hope you have a nice weekend. March 13th live to the effect the coronavirus is having on Nursing Homes. Live coverage here on cspan3. We join it in progress. Said, under no circumstances should a hospital discharge a patient to a nursing home that is not prepared to take care of those patients needs pap clear directive. Unfortunately on march 24th Governor Cuomos Health Department issued this directive in contradiction to the cms dai take covid19 patients. New jersey essentially copied the same directive from norcal order with similar deadly results. Two weeks earlier Governor Desantis in florida prohibited transfers kv s covid19 patient were positive to Nursing Homes. Very different orders resulting in very different results. And pennsylvania, continued to accept new admissions and readmissions including patients covid19 positive. While defending this decision even Pennsylvanias Health secretary moved her mother out of a nursing home.
executive order on social Media Companies. This is three hours and 25 minutes. [background sounds]. Good morning and welcome today hearing on the other side of the federal communications commission. And we have them here today. As a special welcome to our distinguished and all witnesses upon. Today we will hear from fcc chairman. In the commissioner and other commissioners. The fcc is the nations primary regulator and later state International Communications network. The core part of the agencys vision is to ensure that all people in the United States have access to rapid efficient and nationwide Communication Services at reasonable prices. Never before has the fccs responsibility to achieve this mission been more important. In the covid19 Public Health emergency experts a spotlight the Nations Communications networks in the American Peoples access to Broadband Services. Since march there has been a dramatic and sustained surge and internet usage. But the u. S. Network has performed we
This is just over two hours. Let me begin by thanking our panelists and members of at todays briefing. 40,000, the latest estimate of how Many Americans in Nursing Homes and other longterm care facilities have lost their lives as a result of the coronavirus pandemic. The men and women who died at these Nursing Homes were parents and grandparents, who sacrificed to provide for their families. Some were veterans who fought to protect our country. Many were essential workers who kept showing up to care for the elderly and the sick, even when it meant risking their own lives as our nation faced more deaths from coronavirus than any other country. Lets be clear. These 40,000 americans deserve better. Their deaths in our nation to protect our people. There were warnings. In february the coronavirus attacked the Life Care Center in kirkland, washington. Three quarters of the residents at that facility became infected, along with dozens of staff. 37 people died. Four months later nursing home