Hello, everyone. The first page of the New York Times is not the venue for discussing classified information. The white house podium is not the venue for discussing classified information. We are here today having this discussion because of an irresponsible, anonymous leaks to the New York Times. There is no good scenario as a result of this New York Times report. Who is going to want to cooperate with the United States Intelligence Committee . Was going to want to be a source or asset if they know that their identity could be disclosed . Which allies will want to share information with us if they know that some rogue Intelligence Officer can give that information on the front page of a major u. S. Newspaper . Specifically, there are two bad scenarios that emerge from this report. Number one, this report makes it more difficult to come to a consensus on this matter to verify intelligence. And number two, this level of controversy and discord play directly into the hands of russia, and
Pandemic. The paycheckum Protection Program receiving 349 billion and another 310 billion of supplemental legislation. And with accountability are crucial because the moment theti administration became clear for those that needed it most. So we are not taking any other floor and then to take this opportunity for unanimous consent to get Something Real done with bipartisan support and who can be against transparency and otaccountability . Were close to 700 billion of the taxpayers money iso going and unfortunately the publicly traded companies have secured ppe loans putting some Companies Truly Small Businesses however hundreds of thousands of momandpop shops with the Restaurant Owners with the baker and the candlestick maker have been shut out with a standing relationship with a big bank. So when it comes to minority owned businesses with the center for responsible lending 90 percent of africanamerican and latino ownedno businesses are likely to shut out of ppe funding womenowned busin
Those who needed it most. So today we are not any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . An to know where close i to 700 billion of the taxpayers money is going . Is it going to the right places . Unfortunately today at least 200 publicly traded companies have managed to secure ppp loans, and most of those are not very small, including some Companies Whose owners are large contributors to President Trump. Truly, Small Businesses, however, hundreds of thousands of momandpop shops with less than 20 employees, the proverbial restaurant owner, or the butcher, the baker and the candlestick maker have been mostly shut out because they didnt have a standing relationship with a big bank. Thereve been great despairs when it comes to minorityowned businesses. Ac
The minority leader. Mr. Schumer thank you. Madam president , over the past few months, both parties have worked together to provide historic levels of funding to help Small Businesses retain employees, meet payroll, and stay afloat during the covid19 pandemic. The Paycheck Protection Program, the main instrument to help Small Business, received 349 billion under the cares act and another 310 billion in supplemental legislation. The public has know how this money is being spent. Oversight, transparency, and accountability are crucial because from the moment the administration began implementing these funds, it became clear much of it wasnt going to those who needed it most. So today we are not taking any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . Who can n
The committee will come to order. Thank you all for being here. Id like to thank the Ranking Member senator white house and the collaborator its great to be here and doing this together. I was just saying i told him that it would be nice to have the answers because hes a tough questioner and he will take you to task. Id like to thank the witnesses for your attendance and also highlight two empty chairs today which i say that he invited witnesses who apparently dont share your commitment to discussing the issues. One is for tiktok. If you dont know what tiktok is, you should. Its a chinese owned social media platform so popular among teenagers mark is reportedly spoofed. For facebook the fear is lost to social media market share and for the rest of us it is somewhat different. A company compromised by the Chinese Communist party knows where your children are, what they look like, with their voicewhat theirvoices sound like watching and what they share with each other. They claim they do