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Director brinkman here. Vice chair eaken present. Director heminger present. Director lai present. Madame chair, direct ors, you have a quorum. Were legally required to put this on the agenda. Were using sound producing devices. Approval of the minutes of the september 1, 2020 regular meeting. Directors, any amendments to the minutes before we open up for Public Comment . Seeing none, moderator, can you let us know if there is anyone on the line for Public Comment on the september 1, regular mee...

Span radio app. Federal reserve chair Jerome Powell appear on capitol hill for the second time this week to testify on the Economic Impact of the coronavirus. This hearing is just over two hours. Welcome everybody. ,oday our select subcommittee some members will appear in person and others may appear remotely. Welcome everybody. Today our select subcommittee, some members will appear in person and others may appear et d , all individuals attending this hearing in person must wear a mask or face ...

Let us know if there is anyone on the line for Public Comment on the september 1, regular meeting minutes. Staff is opening the line. You have zero questions remaining. Chair borden with that, we will close Public Comment. Motion to approve . A second . Ill second. Great, secretary boomer, can you call the roll. Chair borden aye. Director brinkman aye. Vice chair eaken aye. Director heminger aye. Director lai aye. Sfgovtv has the phone number scrolling at the bottom of their screen. If youre wat...

They will maintain normal Monetary Policy for as long as possible. President trump plans a Campaign Event in orlando as his doctor says he is not a transmission risk. Australia debates evening travel curbs although the u. S. And europe are not on the list. Shery u. S. Futures are coming after, down about 0. 25 , we saw the biggest weekly increase in u. S. Stocks since july. President trump an offer to democrats. Nasdaqs futures under pressure. We have some deals among chipmakers leading them hig...

Maintain normal Monetary Policy for as long as possible and fixing will be key. President trump wants to return to the campaign trail as his doctors say he is not a transmission risk. The u. S. And europe are not on the list for easing curbs. Haidi markets coming online for the start of the brandnew trading week. Lets go to sophie kamaruddin. After inome enthusiasm cap the best week since april. Australia posted record shipments when it comes to iron ore, putting some down pressure on the commod...

Max, treasury secretary Steven Mnuchin and Federal Reserve chair Jerome Powell on the impact of the coronavirus on the economy. This is two and half hours. This hearing will come to order. Todays hearing is a hybrid format and the hearing room has been configured to maintain the recommended sixfoot social distancing between senators, witnesses witnesses and otheren individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconf...

States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have remained far apart on the amount necessary to combat the pa...

Pound and then pound again to connect. Again, the number the access code is 1466093005, press pound and then pound again to connect. You will hear the meeting in discussion, but you will be muted and in listening mode only when your item is addressed called dial star 3 to be added to the speaker line. Best practices are to call from a quiet location, speak clearly and slowly and turn down your television or radio. If when you dial star 3 before Public Comment is called, youll be added to the que...

Fed call for urgent action. We are joined exclusively by dallas fed chief robert kaplan. And the debate, joe biden refuses to push back his next meeting with President Trump the white house rules out of virtual clash because of covid19. Quick check of the markets coming online, u. S. Futures right now up. 3 , after the close, we have the white house saying President Trump is open to Something Big or than the skinny bill. It has all been about optimism over stimulus deal, despite conflicting sign...

That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Pol...