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CSPAN U.S. House Of Representatives U.S. House Of Representatives July 12, 2024

The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Speaker, i move that the house suspend the rules and pass the bill, h. R. 5322, the ensuring diversity in Community Banking act, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 5322, a bill to establish or modify requirements relating to Minority Depository Institutions, Community Development Financial Institutions, and impact banks and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Sherman, and the gentleman from sk, mr. Timmons, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Sherman. Mr. Sherm ....

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CSPAN Senate Hearing On COVID-19 The IRS July 12, 2024

On cspan, online at cspan. Org and listen live on the free cspan radio app. The commissioner of the irs testified before the Senate Finance committee on the impact of the coronavirus on the 2020 taxis and including efforts season including efforts to help taxpayers and Small Business. This is just over two hours. [gavel] sen. Grassley commissioner rettig, thank you for agreeing to testify on 2020 tax Filing Season and the irs handling of challenges that are posed because of the pandemic. The 2020 Filing Season got off to its typical start at the end of january. However since then, this Filing Season has been anything but typical. As a result of the National Heal ....

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CSPAN Senate Hearing On COVID-19 The IRS July 12, 2024

Filing season and the irss. Andling of challenges at the 2020 Filing Season got off to a typical start. Since then, this Filing Season as been anything but typical a result of the National Health emergency stemming from the ongoing pandemic. Almost all regular tax filing and tax payment deadlines have been extended. This includes the individual and Corporate Income tax filings and payment deadlines, which were pushed back from the normal april 15 to july 15. There are some rumors they might be extended again. I dont know. I have heard that at least once. Extendedhese deadlines, the tax Filing Season continues with many taxpayers still filing taxes as usual to get their tax refund. At the same time, consistent w ....

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CSPAN Washington Journal Nicole Clowers July 12, 2024

For the Government Accountability office. Guest thank you for having me. Host tell us why the gao did this report. Guest the cares act passed in verch required us to ha oversight of the funding and activities of the federal government, specifically it requires us to provide oversight of the governments efforts to respond to and recover from covid19. And it includes us assessing the impact of covid19 on Public Health, as well as at the economy, as well as track the funding and use of the funding. The act requires us to report everything, starting 90 days after an accident, so the june report was our first report, and we will be issuing additional reports every other month. Host as soon as the legislation assigned, enacted and signed, the gao is monitoring . Guest absolutely, we are providing realtime oversight. We have experience doing this. Going back over a decade ....

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CSPAN2 Washington Journal Nicole Clowers July 12, 2024

Asset Relief Program that provided assistance to the Financial Sector after the Global Financial crisis, we were required to provide ongoing oversight and issue a report every 60 days. We have experience and we have built on that experience to hit the ground running to provide immediate oversight and help ensure accountability and transparency how the funds are being used. Host lets look at the overall numbers, 2. 57 trillion in spending and the measures passed by Congress Come here are the figures on each of those packages. The ppe, Paycheck Protection Program, 670 billion, the treasured the treasure economic0 Stabilization Fund 500 bi ....

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