Different set of drugs then you might need at later point in the disease. Not to make too complicated rep. Mccarthy i want to thank you all for joining me and before we begin, i want to continue to pray for everyone who has lost loved ones on this virus. I also want to thank all those from the medical community, to the Truck Drivers to the farmers to the grocery clerks two people who take out food, everyone making sure the country is still working through this. We cannot thank them enough, especially on the front lines, all those in the medical community as well. Ofave put together a group slide decks since we cannot be in person with one another, i thought i thought that could work better. Is first slide decks i go to some of the data we have from Johns Hopkins. We are still suffering from the virus, but we are making progress. On a gottlieb said today plateau, there are a couple things i take from this Johns Hopkins numbers from a positive sense of where i look at it, we have a downward trend, an uptick, at the same time, we increase the number of testing, the other day, we were at 5 million, now we are 6 million, we are doing almost a million a week. We are broadening the tests and we dont have that slope of coping upward, i view that as a positive flattening as tests continue to grow. It is important that we get to that point to go back to working as well. If you look at the second slide, or the third one, very sad news, jobs, thetoday the historic job laws. We are at 30 million. This trend shows one of the worst economic damages coming out of where millions of americans are suffering. We look at the First Quarter gdp, contracted by 4. 8 in the First Quarter, the Second Quarter is predicted to be one of the worst in our history. It is important to reflect what has Congress Done so far, working with this administration, over trillion over 3 trillion indirect relief, you combine that with what the Federal Reserve is doing, that is about 7 trillion into the economy. A lot of it is implemented, or has to be an lamented. Thats why i refer to it as our Marshall Plan for main street. If you look at the fifth slide, im talking about ppp, that first group, we did 1. 6 million loans. We calculate that, about 30 million jobs saved. Nearly 5000 lenders. When we started this, there was only about 1800 lenders approved. The time we are approving lenders, expanding who can lend, we want to make sure community banks, finn tech is even in the process, looking back at that, we have never approved almost one million more loans, the made are loans are 5300 lenders now from that process of 1800, we have done about another 90 billion. If you look at where the money is going from all those who are abouto lend the money, from00 of those loans come 10 billion or less lenders. Edit 6000 of those loans 260,000 of those loans the smallers are producing more at the positive side, the Smaller Banks are dealing with the smaller businesses. That is very important in what we are trying to see happen here. It is historic and the ability to save 30 million jobs and we got 30 million out there. That are unemployed. We will have to do much more. I sent to all our members, there , he is a smarte individual, created a lot of companies, runs a lot of companies now, he said it is a time to build, every step of the way, to everyone around us, we should be asking the question, what are you building . What are you building directly or helping other people to build or teaching other people to build, taking care of people who are building . Is notwork you are doing leading to something being built or taking care of people directly, we need to get you in a position, and occupation, a career where you can contribute to building, from all aspects. One thing i had done that i believe i sent out to all of you as well is an essay i put out there, how do we start rebuilding this country . Some of the great lessons we need to learn right now. The biggest lesson we need to learn is the dependency the world has on china when it comes to ppe and medicine. We did a Conference Call this week with our members, i had theres on their on about what china has been doing to control different supply chains. If the medical supply chain, they have a monopoly on. This essay, how do we go about breaking it . Now that we have 7 trillion going into the economy, we talk about more legislation, this is part of the recovery that we need to do. We need to start consider this face for legislation, i want the republican and democrats to be serious about addressing this issue. Thats why im spending having conferences over the phone, advising members, educating members on how big china has become in many of these supply chains and we have to break them. Looking at areas that we can improve cost and improvement. Strategic national stockpile, two goals must be achieved. Andodernize the stockpile bring pharmaceutical manufacturing back to the u. S. You look at our Strategic National stockpile, it is unable to transfer itself to other federal agencies. , it we build the stockpile tends to remain on the shelf until after things expire. When i talked about with my members and weve been flushing , allow fleshing it out the private sector to keep stockpiles. Year, they can sell it back in so we have a modernized stockpile every year. To our allies, we can tell our allies we would be willing to store their stockpile in america because we are finding what china done had some that had done to so many people, withholding medical equipment, trying to get while weight in, in, allg to get huawei these things china is trying to do that america would not, it would help us keep the supply chain back in america, it would , but it would also never expire, it would be modern in the process, and we would have the capability for the Publicprivate Partnership to be uptodate. Finally, we need to really look agenda togulatory bring manufacturing back to United States. This includes extending incentives, because we have to look at it from a different perspective. We cant just say you want the supply chain back. In america, we dont make aspirin, we dont make penicillin, the basic things that china has control of. How do you bring it back . Communisthaving a country, they dont in a market to break the private sector to be able to do it as well. If you compound that on top of it with the regulatory system that takes five to seven years to build a manufacturing plant and china comes in a market thing you want to build, it breaks you from the ability to do it. We have to say collectively together, we need to cut that down. Fivent say it will take to seven years and think we will break their supply chain, because when where will they be 10 years from now . We need to get down to 18 months to a year. Just a concept of republican ideas, these are american ideas. These are something we have to look at collectively if we are serious about future legislation, about recovery, weve got to make sure we never repeat the challenges we have now. Break the supply chain from china, ever allow them to have that great of influence or looking at different supply chains, maybe not deal with the virus, if you are looking at south dakota, china owns a manufacturing of our food. How much of the food chain do they control . Are they buying into our Energy Sector as well . Elementd look at every of industry within america and analyze what percentage do china have control over that Critical Minerals to be able to produce and secure america for safety . Those are fundamentals that i think we can have happen. Thinking of what some of your questions may be, i have speak into the spoken to the speaker twice. We are doing this press conference, i will call later. Working on how do we make congress get back to running . One thing i know is doctors go to work every day, congress is not. Toivery drivers continue work every day, congress is not. Clerks, everyre element going to keep this country working, i believe congress is essential. I sent a letter to the speaker two weeks ago now, i understand you are looking at states getting opened up, but no state opens up completely. At a Conference Call yesterday with the california delegation, senator feinstein, Speaker Pelosi, gavin newsom, california is a diverse state. We are large. We are 40 million people. We are 12 of the nation. America is not exactly i look at the data, it was probably a week old. Unfortunately, the deaths that 55 last week was from new york and new jersey. How can we do this on a safe manner to make sure we have the tracing, when we begin to open up, weve got to crawl before we walk and walk before we run . To be meantime, we have prepared if a hotspot comes back up. We have to be prepared to tackle that, count top of it, and make sure that does not spread. How can we make sure congress can work from any Central Point of view and move forward . One of the proposals ive laid out to the democrats and from that letter, the speaker put together a committee of six members, three republicans and , and we met when we were in d. C. And had a Conference Call back in the district this week. All ofse, dont Bring Congress back at one. We want to keep social distance. Weve got our services. Defenseto deal with the authorization act. , notis not stopped iran stopped china from trying to say they are pushing us out of the south china sea, it is not stopped russia from putting our aircraft carriers, we cannot give a false impression that america is not prepared and we should not slow our time for preparedness. This is a critical bill that we do every year. Meet in thees can chambers or in the auditorium, more than enough space for social distancing meter the chamber distancing. Lets work and get that bill done. Workdont have to get late into the night. The public cant be there, so lets make sure the press is there. Testing continues to improve. I think people can be tested to be in their, get that work done, then youve got a product before you call somebody back. Transportation, same type of thing. Pick a big room. Small business had a hearing. I would bring back sub committees on appropriations to give them bigger rooms. Have them do the work. What will happen is you will have product that can be voted , from National Defense to others, and they dont have everybody back at once. As bills get done, you can pinpoint when they need to be voted on and remembers back. Maybe all the members are not back for an entire week, they have a few days to vote. We are all in three buildings. All thosehe size of rooms. We can limit the number of staff so you have social distancing. There are ways to do this safely. By working with the medical community and also making sure congress is doing the job it needs to happen. I hope you will be able to do that. It is something that can work. I know one of the subcommittees on appropriations will come back next week and start their work. They can allow witnesses into that as well, doing it in a safe manner. We can get this process going. Unfortunately, i dont see the democrat leadership has agreed to this to make us move forward and it continues to linger out there and i think the American Public would like to see us do our job. Let me stop and see how the operator can tell us how to take questions. We will begin the question and answer session. If you would like to ask a question, press 1. Please be sure to unmute your phone. If he like to ask a question, please press 1. One moment for your first question. The first question comes from the washington post. Your line is open. Thanks for the call. Thanks for the update on the rules discussions. Thent know if you saw speakers press conference, she indicated she is prepared to move forward with proxy voting when the house comes back, whenever that is. I want to ask you about that, your reaction to that, whether that is something you are willing to negotiate on. Said that shes consulted with a attending physician in making these decisions regarding the health schedule. I want to know if you spoke to the attending physician. Do you agree with the fit the concerns the speaker put forth in the risks that were being hailed by p. A. D. House back with in full . Taff thank you. Rep. Mccarthy great question. We would not want to do anything without doing it safely. Thats why in my letter, i dont say bring the entire congress back and staff back at once. You crawl before you walked and walk before you run. Lets be prepared and see what we can do, just what states are doing out there. If you brought committees back and operating all the committees at once, an example of three committees, of work that needs to be done right now. If you have these committees come back, dont have to meet in their regular committee rooms. I think they are probably too small for social distancing. Thats why you only bring a few back so they can use the chambers, the auditorium. Whitey, vast areas. De, vast areas. If you look how we were able to vote last time, we did in a manner that worked well. Alphabetical, you dont have to show up, you are able to get work done critical to the American Public. Staff is not there, only a select number of staff. We dont have all the members there, only the members in those committees would be working. If you brought everybody back today, which was unusual when i first heard the speaker and leader said, we are coming back on may 4, what were we going to vote on . Where we just going to bring everyone back . Thats why i want to look at a thoughtful way of doing it. Bring committees back, you were, have the bills done, then tell people to come back. Once you start committees working, how you can do this safely, then you go to the next phase. You would bring more committees back that would have to get other work done. You can then maybe start a process if you needed to. You select which committees on thursday and friday is when you vote in the house. Members are not there the entire week. You are limited the number of staffers you can be in the building based on the size of your office. You have social distancing. Thats the way you talk about with the medical community and others, the best way to go about doing it. Ifou continue to keep you are social distancing, when you are walking the halls, you are Wearing Masks. I have spoken to the speaker, i know she wanted to do the proxy before my conversation, these are the concerns i gave to the speaker and thats why she put the committee of six together to see if we can work through this. Im a little concerned, if you proxies, i dont have a number in front of me, but if you look at the number of people who came back, it was a good number. The numbers were missing, not that much higher than on average missing time. On both sides. With proxies,und one person could hold 200 proxies if they wanted to. The congressman or commerce man, you hold them accountable. They dont lend their power to another member. I understand, there are members who can have certain challenges, can be in a group that theyve had lung problems, they cant be there. They should not be in that process, maybe we can work something out. Somebody holding it all the time, now that many other democrats want to do this remotely, committees and others, i dont see how you negotiate a National Defense authorization over the technology that we have today. Meeting, ing a consider myself pretty advanced in technology, we were doing it by microsoft teams, i had three computers and used it before going in, i put it onto my phone when the Commuters Computers houset work, then the system blocked me from my phone being used because it was my private phone. And howould you do this would you debate the National Security of america and you think somebody is not going to come in . We are not prepared for that. The democrats thought they could do this by an app and they were wrong. If you are going back with committees, you can get this done. You now have 30 million americans who are out of work. I dont think congress should sit back. Congress is essential and we can do this in a safe manner. I want to emphasize safe. When i looked at the First Quarters gdp. Nearly half of the First Quarter decline in gdp was attributive to health care because there are certain things we did to prepare the virus coming. We eliminated all these elective surgeries and others, which prepared now we are past that, we have an opportunity, that would be some pentup need in the economy as well. How can we open that up a safe manner . That would change at the same time. You can look at these different items and congress can do the same. Those who sit back and say, i cant bring everybody back at once, they are not being thoughtful about how everyone else are doing it. This anda way to do the answer should not just be no. Next question, operator. Fromr next question comes bruskie. Just a moment. Now your line is open. Sorry about that. Yesterday, Speaker Pelosi named her choices for the select committee on coronavirus. I was wondering if you plan to select anyone to be on their . Anyone to be on there . Rep. Mccarthy i told her from the beginning, i dont know why she would need this committee. As many of you know, we already have an Oversight Committee. In the cares act, we produce three new entities for accountability. One happened to be one within factors general, inspectors general, one from a congressional one. Every single one of those are not political. Inspector generals, the president up points, senate confirms, in the congressional one, all four leaders appoint. Omebody not one side or the other is weighted. Before pickix s before. They are to report to Congress Every 30 days. When the speaker told me she wanted to do this, she was concerned about price gouging , masks, and to ppe others. Because of that timeframe, how are you going to do this . Why dont we work with the attorney general to go after anyone with price gouging and she got upset with me. Then she came back, she had already selected who could become c