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Come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. I now recognize myself for an opening statement. Today, a select subcommittee is pleased to welcome our distinguished panel, dr. Ben bernanke and dr. Janet yellen. Dr. Bernanke was appointed chair of the Federal Reserve by president george w. Bush in 2006 and oversaw the Federal Reserves response to the Global Financial crisis. Before his tenure as fed chair, dr. Bernanke served as the chair of president bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal R...

I want to make sure to note some important environment. Standing house and Committee Rules will continue to apply during the hearings. All members are reminded to adhere to the standing rules including the quorum. With that said im designated by the speaker the committee will operate in accordance with 965 under strict it guidance from the rules committee to respect the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings so please keep your cameras on. Also if you park dissipate in the meeting please exit t...

President bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Time eitherfirst dr. Bernanke or dr. Yellen have testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out of experts with extraordinary experience. As Congress Works to end the economic crisis and enable a strong recovery, we are fortunate to benefit...

Care and Distribution Systems and imposing a deadly toll on seniors, in particular. It has hit close to home for many on this committee and im sure that all of our members want to join me in expressing our condolences to senator elizabeth warren, who lost her 86yearold brother to the coronavirus. Elizabeth, were very sorry for your loss. Restrictions on visitors to Nursing Homes have affected even those families whose relatives do not have the virus. I know two brothers from maine whose father is in a nursing home and has dementia. They have not been able to see him for some time now and his h...

Emergency the board of supervisors legislative chamber and Committee Room are closed. This is pursuant to various local, state, federal orders and directives. Committee members will attend through video and participate as if they were present. Public comment is available for each item. Cable channel 26 and sfgovtv. Org are streaming the calling number on the screen. Comments or opportunities to speak during the Comment Period are available by calling 415 4156550001. When prompted enter the access code. 145 1643769. Then pound and pound a second time to be connected to the meeting. You will hea...