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Now, testimony from Federal Reserve chair Jerome Powell on Monetary Policy and the state of the u. S. Economy amid coronavirus. He spoke about low Interest Rates, unemployment numbers and what future Economic Growth and recovery could look like. Help in front of the House Financial Services committee, this is three hours. So the committee will come to order. Thank you. Without objection, the chair is authorized to declare a recess of the committee at any time. Members are reminded to keep their video function on at all times, even when theyre not recognized by the chair. Members are also remin...

Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is entitled the rent is still due...

Asked about the effectiveness of the Paycheck Protection Program referred to as ppp. [indistinct chatter] a todays committee will come to order and i want to thank everyone for joining us here today and want to welcome the secretary and the administrator and thank you both for being here and all the members for being here. This is the first opportunity to hear from both of you about the enactment of the act in particular as it applies to Small Business. It is a landmark legislation and less than two Weeks Congress passed the largest Economic Relief package. They worked tirelessly to make it po...

Chris jackson. On communication director for color change, the Largest Online Racial Justice organization. We are partnering with one world tonight to make a virtual space for critical conversation between editorinchief of one world Chris Jackson one of our most powerful organizers and visionaries, alicia garza. In 2014, alicia garza wrote a Facebook Post that change the world and created a movement. It read black people, i love you. I let us. Our lives matter. Black lives matter. Movement continues today and tonight alecia and chris will discuss the importance of resistance and resilience and...

The subcommittee at any time. Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is ...