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Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our...

Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next...

Without objection the chair is authorized to declare recess at any time. Let me begin by saying the practice will continue to apply during remote hearings. We must continue to the rules of the committee and the house. Members are reminded the technology they are utilizing today the committee will operate in accordance with Solutions Vendor the subsequent guidance with respect to the rights of all of the members that participate. Please keep your camera on and also to participate in others like this one they prevented them from being recognized in the questions and i would move to the next avai...

Present. John baptiste is not here but expected. Director lipkin. Why present. Why director syed. Here. Director tumlin. Here. Vice chair mandelman is not here but expected and chair gee. Present. We have quorum. Next item. Communication. We would like to note the process for members of the public to make comment members may comment during Public Comment in person or remote. Call in line is a courtesy and availability may be disrupted due to technical difficulties and in person will be taken first and remote taken after. The call in line is on the agenda and dialing instructions should be scro...

Present. John baptiste is not here but expected. Director lipkin. Why present. Why director syed. Here. Director tumlin. Here. Vice chair mandelman is not here but expected and chair gee. Present. We have quorum. Next item. Communication. We would like to note the process for members of the public to make comment members may comment during Public Comment in person or remote. Call in line is a courtesy and availability may be disrupted due to technical difficulties and in person will be taken first and remote taken after. The call in line is on the agenda and dialing instructions should be scro...