Experiencing unprecedented declines in activity. Although the remains considerable uncertainty about the economy, we know that the Banking System has served as a source of strength throughout this period. They have supported their customers and committees by pppinating 500 million in loans. The Banking Systems ability to support the economy reflects the Industries Strong capital and liquidity position. In the Second Quarter of 2020, Equity Capital increased to more than 2. 1 trillion, which 13. 4 . Ted to highervels were slightly than the quarter preceding the pandemic. Taken meaningful action to provide banks while maintaining safety and soundness. I will provide an update in five areas in which we have made significant progress. Supporting communities in need, encouraging outstanding loan making. I would like to briefly touch on each of those, starting with our response to the Economic Risks related to covid19. We undertook a series of actions that helped maintain stability in financ
Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning saying there could be a second wave of coronavirus and might be even worse than what we are dealing with right now. That coming in the fall. More people stuck at home turn to streaming. Adding 16 million subscribers but warned that the level of growth probably will not continue as lockdown across the globe start easing up. The stock is down 188. More earnings on top this morning including at t and Delta Airlines, all that coming up. Mornings with maria live right now. Maria Global Markets look like t
Platform, if you will. Absolutely. You heard the chief say it. The reason that he wanted to talk with Brandon Marshall and he said he would do that for anybody who wanted to speak with him is because he has such a platform to really effect change. Thank you. A local colorado winery is destroyed after a vehicle drove into it overnight. This is at the aspen peak cellulars in bailey. Cellars in the crash caused broken water pipes and damage to a gas line. Wine was flowing into the platte river. The driver is expected to be okay. 25,000 bottles were inside that winery, though. The owner tells us hes just not sure how many of those were lost. We are expecting rain in the metro area tonight. Its already sprinkling in some spots. The cold front is bringing much cooler temperatures. Dont adjust your screen for this next video if we have it. The top of the peak was blanketed in snow this morning. Temperatures were in the 20s on the mountain. Meteorologist belen deleon is in the 9news backyard.
Access on cspan, cspan2 cspan radio and cspan. Org. Recently the Federal Reserve and Consumer Financial Protection Bureau removed some lending restrictions on small banks. Next the Senate Banking committee looks at Community Banks and federal regulations. Richard shelby of alabama chairs the hearing. Next the Senate Banking the hearing will come to order. This week the committee here on banking begins an examination of potential changes to the current regulatory structure. Today we will focus on regulatory relief for smaller Financial Institutions. In the near future we will continue this examination by focusing on unnecessary statutory and regulatory impediments across the Financial Services spectrum. While there are some who continue to argue that current law is beyond reproach, there are many on both sides of the aisle that believe improvements can and should be made. Today we will hear from regulators on some of the lessons theyve learned and how best to overcome some of the challe
[ applause ] up next, on s span 3, Community Banking regulations, then discussion on u. S. Infrastructure challenges and the u. S. Supply chain. Later a hearing on freight rail. The Political Landscape has changed with the 114th congress. 43 new republicans and 15 new democrats and 12 new republicans and 1 new democrat, 108 women in congress including the first africanamerican woman in the house and first woman veteran in the senate. Keep track using congressional chronicle on cspan. Org. The page has lots of useful information including Voting Results and statistics about each session of congress. New congress best access on cspan, cspan2 cspan radio and cspan. Org. Recently the Federal Reserve and Consumer Financial Protection Bureau removed some lending restrictions on small banks. Next the Senate Banking committee looks at Community Banks and federal regulations. Richard shelby of alabama chairs the hearing. Next the Senate Banking the hearing will come to order. This week the comm