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Transcripts For CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For 20240712

Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati

Transcripts For KRON KRON 4 News At 7am 20240712

Now the shooting happened after an 11 hour standoff with that gunman. It took place in the quote normally Quiet Community of nights and we have it here on the map specifically was on green acres lane in nights in right off highway 4 and lone tree way. Kron fours reyna harvey is live at the Sheriffs Office with an update of whats going on right now. Theyre good morning that investigation continues, but those 3 deputies were shot 2 of those deputies had to be taken to a hospital because of their injuries this all resulted from a Domestic Violence call those deputies were answering were going to show you that scene from yesterday you can see the deputies, arriving on scene this is in the 1700 block green acres lane in night stunned. When a man barricaded himself inside of a home with a woman now that woman told deputies that the gunman was holding her hostage. She said the man a broken her ribs import gasoline on her while threatening to set her on fire on a contra costa Sheriffs Office s

Transcripts For KRON KRON 4 News At 9am 20240712

Daria through the weekend so definitely going to be a scorcher of the next few days. Today going to be even hotter than yesterday was just to put it in perspective for you weve already been pretty hot this week. You can see nice sunshine. The skies over berkeley little bit of fog towards the coastline. Temperatures are climbing right now san jose close to the 70s. Well livermore double in concord pittsburgh. Fairfield are spots already in the 70s and were only at 09 00am berkeley and oakland at 61 degrees now later on today, san jose pretty similar to yesterdays high of 88 degrees. Oakland at 77 San Francisco, one of your more comfortable areas. Its our inland valleys that are really heating up and ill tell you more about what to expect there still to come daria. Thanks a lot john lets get to the breaking news overnight 3 deputies were shot and a gunman killed in a shootout in Contra Costa County near brentwood. It happened it well in the evening, it was an 11 hour standoff with a gunm

Transcripts For CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For 20240712

Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received the requested funds through the program. I have heard from many a minority owned businesses who did everything right, they did not give a low number or loan in the first round, many minority businesses share the enhancement act was not adequately designed to enhance or assist Small Businesses. Thank you to the partnership of the Financial

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