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Washington today, we are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. Remote hearings certainly are not the same as sitting together in our Committee Room and you should know. The new authority has allowed us to continue to do our work a behalf of the American People, while keeping our staff, families and broader communities this is the First Official Virtual Committee hearing in the United States house of re...

Inaudible . The members of the public will be calling in 888 2736538 and access code is 3103752. When prompted dial 120 be added to the speaker line and it will indicate that callers are entering the question and answer time but this is the Public Comment. If you call in before Public Comment is called, youll be added to the cue. Please mute the device youre listening to the meeting on. When its your time to speak, youll be prompted to do so. Its three minutes per speaker or otherwise establishe...

Positive impact on very sicko individual patients. And of course, jim, we had the announcement today that the fed will begin buying individual Corporate Bonds, not just the etfs that hold those bonds but the actual bonds themselves. That certainly helped. Whats your take this morning . Well, look, i think each one of these can be debunked took this drug for two months. It was okay. I switched to prednisone suddenly we discovered this was a big breakthrough what were the doctors doing . Did all o...

I think Everybody Knows that. The impact is disproportionally on the poor and it could widen economic and equality, so something needs to be done. Government spending has helped but Public Confidence we key. You have to believe that you will be safe to go out. He says inflation will be low, and the fed has helped market functioning with its lending programs. They will keep buying agencies and treasuries, at the current pace, and then they will wind down with the crisis ending. The key point seem...

Chairman Jerome Powell will update the committee on Monetary Policy develop and the state of the u. S. Economy. It has always been four months since the last Humphrey Hawkins hearing, but we are seeing a different economy today. One that has been racked by the physical and Economic Impact of the covid19 pandemic, and ensuing shutdowns. Chairman powell, you have stated that the Federal Reserve is strongly committed to using our tools to do whatever we can and for as long as it takes, to provide r...

Plus is affected by these changes in our world. Theres no part of the covid crisis that hits close to home for a lot of people. Thank all of you who are following online. We would love for you to tweak along at hashed out axios events, and you can follow us on twitter at axios events. I would like to thank my events Team Colleagues who pulled this off, and Caitlin Owens who writes the daily axios vitals newsletter will be joining our conversation shortly. You can sign up for her newsletter. Than...

Of millions diagnostic tests school plans should last for at least one year while the government pursues a vaccine at warp speed faster than we have ever done thate before the nobody expects vaccine this august the second half should be better able to provide more test, more treatments better Contact Tracing and hopefully we should have a vaccine in the fall of 2021 before we begin to approach normal. Several Reasons School have the advantage to provide a safe environment for students and facult...

Terrellly in the rose garden. Youre seeing some live images from there. The white house says this will be President Trumps vision Going Forward, executive order. As it relates to Police Reform it will really have a three main components to it. Let me walk you through them real quick. First off credentialing, certification. Make sure there is incentive for recertification that highlights newest best practice. Information sharing on use of force which will allow Police Departments to make sure one...

Markets following some strong Economic News were seeing a lot of green arrows across the board but lets start in russia where the mo x is up for the week the ruble had struggled in recent weeks as oil prices fluctuated but following the constitutional reform this week the countrys currency strengthened against the dollar its looking ahead now russias alfa bank warned that the u. S. Could play sanctions on russia if the report regarding bounties on u. S. Soldiers is confirmed now lets move over t...

Do you think its important that congress extend the relief of extra Unemployment Benefits . I think we try to keep our comments on fiscal policy at a high level. Ill come to your specific question but i would just say this. This is the biggest economic shock in the u. S. And in the world, really, in living memory. We went from the lowest level of unemployment in 50 years to the highest level in close to 90 years and we did it in two months. Extraordinary. And appropriately, the response from fis...