The committee will come to order. Without objection the chair is authorized to declare a recess at the committee at any time. I want to remind members of a few matters including some required by the regulations accompanying the House Resolution line 65 which established the frameworks were removed committee proceedings. I dont know if we have gone through this already but i would ask all members on the platform to keep themselves muted when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not to mute members except where a member is being recognized and theres inadvertent background noise members on the platform are reminded that they may only attend one hearing at a time. If you are participating today, please remain with us during the hearing and members should try to avoid coming in and out of the meeting partic
[inaudible conversations] [inaudible conversations] the cs authorized to declare a recess at the committee at any time. I want to remind members of a few matters including some required by the regulations accompanying the House Resolution line 65 which established the frameworks were removed committee proceedings. I dont know if we have gone through this already but i would ask all members on the platform to keep themselves muted when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not to mute members except where a member is being recognized and theres inadvertent background noise members on the platform are reminded that they may only attend one hearing at a time. If you are participating today, please remain with us during the hearing and members should try to avoid coming in and out of the meeting particularly
Treasury secretary and Federal Reserve chair paul testified on the federal governments response to the corona virus pandemic. Including the impact of the Paycheck Protection Program on Small Businesses. From the House Financial Services committee, this is two hours. [inaudible conversations] [inaudible] including some required by the regulations. [inaudible] Remote Committee proceedings. Ive asked all members on the platform to keep themselves on me what when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not t to meet its members except where a member is not being recognized. If there is inadvertent background noise. Members on the platform are reminded that they may only attend one remote hearing at a time. So if you are participating today, please remain with us during the hearing. Members should try to avoid
From the House Financial Services committee, this is two hours. [inaudible conversations] [inaudible] including some required by the regulations. [inaudible] Remote Committee proceedings. Ive asked all members on the platform to keep themselves on me what when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not t to meet its members except where a member is not being recognized. If there is inadvertent background noise. Members on the platform are reminded that they may only attend one remote hearing at a time. So if you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized, the chair recommends members identify themselves by name so as to facilitate
Revenues for 2020 are 7. 7 higher than 2019 instead of using a heavy handed government putting long term restrictions on people, we decided to trust the people that they would be safe and secure and opened our economy if other states would like to see that type of economic recovery, maybe they should address the way they their states are being governed. I know the Federal Reserve is looking in ways of broadening the main Street Lending program, which i think we all realize need to be broadened theres some yaareas id like t see us take a look at and one of those industries that is interested in main Street Lending is specialized Consumer Finance firms which are nonbanks that purchase credit card receivables from card securing banks which enables consumers with sub prime credit to access a credit card which is some of the most vulnerable in our society right now. The ebitda rieequirements preve them from obtaining a loan would you consider modifying to allow the firms to access this prog