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We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emer...

To this virtual hearing the honorable steven mnuchin, secretary of the department of treasury and the honorable jerome powell, chairman of the board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources f...

Ordinarily, the act sets strict rules for teleconferencing. The governors executive order has suspended those rules. Members may observe the meeting and they may offer Public Comment by calling the Public Comment phone number. I would like to welcome the members of the public and staff for watching us live on sfgovtv. Madame secretary, please call the roll . If you could respond. Director forbes . Here. Director haney . Haney present. Hursh present. Lipkin, i think youre on mute . Director i think hes having internet problems. Weve seen him. Hes waved at us and said a little bit before he lost...

Members of the public and staff for watching us live on sfgovtv. Madame secretary, please call the roll . If you could respond. Director forbes . Here. Director haney . Haney present. Hursh present. Lipkin, i think youre on mute . Director i think hes having internet problems. Weve seen him. Hes waved at us and said a little bit before he lost connection. So im sure hell be back shortly. Director tavares is absent. Director tumlin present. Vice chair gee present. Chair sesay present. Madame chair, you have a quorum. Call your next item . All right, directors, the next item is communications. W...

We will receive testimony from the secretary of the treasury and e chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and programs in support of eligible businesses, states, municipalities, and trib...