guest: the ppp outpaced the idle loans.was $700 million but not at the level of ppp in the repayment, we are looking at 30 years down the road. a lot of work for sba to make sure that money is paid back to taxpayers so there is a lot of work ahead for sba. at the same time, they are doing a good job of looking back and saying how can we do it better if god for bid there is another type of pandemic down the road. keep in mind, these loans are not just for the pandemic. there's a hurricane, wildfire,. a disaster is declared in conjunction with the governor and washington, d.c. with sba, then that triggers the idle program to avail low interest loans for those small businesses. the lessons we've learned that andrew asked about, we are applying those two disasters that happen right now. host: this is leonard in suitland, maryland, good morning. caller: good morning. host: what's your question or comment? caller: i've been an owner/operator since 2021. before then, i was a driver for corporate business. what i've noticed being a

moreover, now there is one more instruction, namely to create a ppp with a minimum guaranteed incomeor industrial projects. with the victory in the presidential elections in egypt, in a telegram published on the kremlin website, vladimir putin also noted the partnership. the presidential elections were held in egypt from december 10 to 12, almost 70% of voters took part, of which the vast majority, almost 90%, supported the current president of the country. the victory of abdel-fattah sisi was predicted by both political scientists and the press. data from all opinion polls showed that... murcia, in the elections in 2014 and 2018 , abdel-fsisi also won an overwhelming majority of votes of about 96%, the current presidential elections were held throughout. in the conflict between tel aviv and hamas , as for the internal situation in egypt, the country’s economy is now going through difficult times; the head of state will now have more time to solve financial problems, the fact is that this deadline is for the arabian republic in 2019 a referendum was held, at which amendments were ado

to move from the m5 highway to 30 investment and 30% federal, that is, this is a good example of a pppctively pursuing work on bypassing talyati, bypassing talyati and this section, which will allow us to go from the m12 highway to the border with kazakhstan next moving to china, colleagues from the kazakh side are also working to expand their part of the roads, we agreed that as soon as we fully expand this road, in the twenty-fourth year the crossing will be ready, the border crossing will also be reconstructed, today the road construction has been completed all the plans, and i can say that according to the national project we had tasks for 52% of regional roads. 50% to bring roads in regional areas to standard condition, we already have a figure of 52%, 81% in urban agglomerations and 70% of support roads networks are in a standard state already as of... today's date has been completed, i think that we would, of course, pay great attention to tell you that we will be able to carry out all your assigned tasks, taking this opportunity, vladivich, i wanted to personally, without your

>> let me just share with you that we saw during ppp, that actually, the small community institutions you mention really punched above their weight class when it comes to serving small businesses. many of them have those relationships. so we were under a court order to complete the final rule by march of this year. the cfpb was sued a few years ago for not doing the rule. we increased the loan threshold which accepted a large number -- i don't have the exact number of small banks, but of course, i share with you that we don't want -- we want a robust and really fair small business lending market. >> i'm going to reclaim my time quickly here. when was the last time you actually spoke to a community bank about this rule? >> so i have conducted sessions with i think every single banker association represented in this committee and more. i think i have met now with thousands of community bankers. you're right. many of them do mention this and other issues. they have done branch visits. >> i'm going to reclaim my time again. i think it is more than a couple of them or some of them. every s

able to ensure 90% of our ppp loan amounts went to bipoc, 7 times more than a typical year. this is the power of cdfi's. in the state of minnesota, we were ground zero to communities across the country responding racial and economic. in contrast, latinx families is 18,000. black families zero. we can and must do better. this is why dcf's matter. require unique and innovative approaches to opportunities. in the last 3 years, ndc has created initiatives to address entrepreneurs mental wellness, double down on support for black and latino women, launch credit builder, loans and education are assisting entrepreneurs to buy their own commercial real estate as another pathway to wealth. and we don't stop there. the state of minnesota has tagged ndc and i want to thank senator smith and other senators who signed onto support an appropriation of $341 million to the cdfi fund in fiscal year '24. that appropriation fund's entire cdfi programs like the native initiative and new market tax credit not to forget that during the pandemic rapid response program and equitable recovery progra

think we were standing at a roadblock, ugh, here, well, there was something like that, it was like a ppphen our small group came in, here, we stayed there, then the groups had to leave already from there, it was already after we met the column, they left, ah, a grenade launcher was needed and it was necessary to stay, wait for the guys who were wounded from other groups, there were survivors to get to this point, help was needed and a grenade launcher was needed, i agreed to stay, all my men had almost left, i and my number two remained, and there is also a person there, a person from the command, we stayed near this giraffe for a while, then we went to the city, we are looking for... those guys who should come out, because some were surrounded, some were cut, they are already there of their own by the way, they asked to come out to us, ah, after what happened, after that we just helped to evacuate some civilians, it's already virpini, because the ring was closing there, so... we had to spend the night there, although it's already there, as far as i know, yes, we're almost there we got s

is some of senator rand paul's reports he puts out, fraudsters using barbie doll photos to apply for pppeaving it outside. the national institutes of health approved funding for researchers to study the sleep habits of monkeys on methamphetamine and the and aig spent $47,000 which gave monkeys female hormones to examine how cross sex hormones might affect the immune systems of trans-identified men when it comes to hiv, and this is the best one. the nih approved a grant to study russian cats walking on the treadmill. that is a full stop. nicole: my biggest complaints is the botched afghanistan withdrawal which left $7 billion worth of equal and in afghanistan which is now in the hands of the taliban and and the 200 million taxpayer dollars that went to gaza and the west bank and hamas. a lot of grievances here and switching from politics, if you think russian cats have different metabolism than american cats, why specific to russian cats. >> it is an important question. >>'s. engine millions of dollars studying them. >> is the russian or dominant on a treadmill? >> what are we learning ab

this you have to chuckle and it's not funny at all and taxpayer dollars and using them to apply for ppp it was approved and ai didn't pick up on it and dod destroyed $609 million worth of military equipment by leaving it outside and the millions of equipment left behind in afghan tan and nih approved funding for researchers to study the sleep habits of monkeys on meth. we can go on and on. one of my favorite things and you call yourself a happy warrior and i love hearing you say that every time. then you also say we as americans are paying for our own destruction. what do you mean when you say that? >> we're funding this government with the hard-earned tax dollars and have to work a little harder and on the treadmill and people laugh about that and it's no longer funny because these numbers are so destructive to the future of this country and for our children, grandchildren, and subsequent generations. we are paying to fund the government. this government particularly under joe biden with the wide open boarder and chaos in the cities and this kind of wasteful spending, foreign boarders

co-ing, was that we had $1.2 trillion of ppp and erc loans that were given to business owners.n other words the top 20% of america. so the people who have the greatest per pent seizure disorders -- tendency to spend money got cash. david: david, let me w push back for a second. if you have rates going down, i think think of a time as rates got cheaper we went into a recession. maybe there's one but the fact is it make it is more easy for companies to borrow and borrow more, create more jobs by expanding businesses, et cetera. do you really think we could vascularized have a recession with rates going down? >> someone that just has gone through the mortgage and working with two big fail banks and two businesses through them and a checking account since i was 13, it was very, very, very challenging for me to even get a mortgage, 30 year home mortgage, normal stuff, just a month and a half ago. i can tell you right now the lending requirements have changed significantly and this is where the consumer, in my opinion, has -- if you follow the consumer, you'll follow the trend of wha

don't forget the ppp loan we created in order for small businesses to have an opportunity to keep theirersonnel and to keep those doors open. so biden has had done a great job, and for the young people what do you think has happened to the debt that they owe because of their student loans? he's reduced that. he's working at it, and he's done a good job. he really has been a strong democrat who has delivered, and he's promised a lot, and he's delivered a lot. and for black people he has certainly delivered. >> i tend to be skeptical when i see all these numbers and say, oh, black folks are voting for trump. i don't buy it. i don't know a lot of african americans, i don't know a lot of black folk, i don't know a lot of anybody who's voting for thump. when you hear it said by serious journalists and things like that that black men moving to the republican party, is that what you're seeing on the ground? is that what you're seeing in l.a.? >> no, i hear a little bit of that. but sometimes i think that's done to create controversy. and i think people want to see if, you know, young people ar

loan and tom brady got a ppp with loan. these entities likely had other access to capitol they probably weren't going away because of the government mandates. i was exhausted and 13 or 14 daysys so if you are a smaller business you are going okay i've been turned down for it don't have it or don't trust the government. i've heard that a lot. i'm not sure they are actually going to forget this and given the fact they were 35 rule changes at a time when it was originally conceived in that first month or two it's understandable. you have to keep up with 35 rule changes to what should be due compensation for shutting down your business. if you are trying to put small businesses out of business in a way that was only 95% obvious instead of 100% obvious you try to get more people on the government's role so the government will take care of you. is there anything you would have done differently to help small businesses? it looks pretty intentional. >> you would have mandated it through small banks and that would have made it more

don't forget, the ppp that we created in order for small businesses to have an opportunity to keep theirersonnel and to keep those doors open. biden has done a great job in for the young people, what do you think has happened to the debt that they owe because of their student loans. he's reduced that, he's working at it, and he's done a good job. he really has been a strong democrat who has delivered. and he has promised a lot, and he has delivered a lot. and for black people he has certainly delivered. >> i tend to be skeptical when i see all of these numbers and see that black folks are voting for trump. i don't buy. it i don't know a lot of african americans, i don't know a lot of anybody who says that they are voting for trump. when you hear those kinds of things, when you hear it said by serious journalists and everything like that that black people in particular, black men are moving to the republican party, it's not what you are seeing in l.a.? >> i hear a little bit of that. but sometimes i think it's done to create controversy. and i think that people want to see if young people

have talked about what we have done with our ppp money, where a lot of it was given through cdfis, because they have the ability to access customers that are not comfortable with banks. those partnerships and commitments will continue. sen. van hollen: thank you. >> senator, we have $2 billion invested in cdfis. they are interesting in the way they could help us, including a lot of us participate in the veterans loan fund. that is not unique to bank of america. we think they can reach parts of the economy with counseling and other things that are critical to the start of a small business. not that we don't do a good job. our commitment has been there for many years, probably since they started. we just don't remember the history. sen. van hollen: i appreciate that. i have worked with the chairman and senator warner and others. i chair the subcommittee that funds the small business administration and treasury when it comes to cdf i -- cdfis. i look forward to pushing hard on this as a vehicle going forward. we have had many conversations over the years about late fees. obviously late fees a

spoken in the past of our decision to take the $420 million in fees we received from administering the ppp program and donating them through local partners to small businesses in need. through the first half of 2023, these funds of have helped support 203,000 small businesses, the majority of them diverse owned, and helped preserve or create nearly 254,000 jobs. finally, we believe our employees are our greatest asset. we invested them and we listen to them. since 2019 we have increased wages for u.s. hourly employees by nearly 20% and increase the average pay rate for tellers, by 34%. in 2022 we increase the minimum base pay for more than 40,000 please and we invested in an additional 200 million employee development. we have several ways for employees to share ideas or voice concerns. their voice matters. we take their feedback seriously and we act on their comments. for example, in our consumer bank, approximately 4000 improvement ideas that are in place had submitted this year have been implemented or are in the process for future implementation. engaging directly with our employees in

spoken in the past of our decision to take the $420 million in fees we received from administering the pppgram and donating them through local partners to small businesses in need. through the first half of 2023, these funds of have helped support 203,000 small businesses, the majority of them diverse owned, and helped preserve or create nearly 254,000 jobs. finally, we believe our employees are our greatest asset. we invested them and we listen to them. since 2019 we have increased wages for u.s. hourly employees by nearly 20% and increase the average pay rate for tellers, by 34%. in 2022 we increase the minimum base pay for more than 40,000 please and we invested in an additional 200 million employee development. we have several ways for employees to share ideas or voice concerns. their voice matters. we take their feedback seriously and we act on their comments. for example, in our consumer bank, approximately 4000 improvement ideas that are in place had submitted this year have been implemented or are in the process for future implementation. engaging directly with our employees in thi

ppp, as reported rescued, at the moment the open burning has been eliminated, the cause of the fire is a whole plan for the community. what needs to be done, first we need to buy this machine, which makes snowballs, as it is called, a snow maker, yes, then we need to make a snowman, then we must go sledding, well, make a snow angel, this is a program for at least tomorrow, but there are those who do not like winter, sincerely envy the bears who fall into hibernation, that's it, make sure that winter is fun, tasty, beautiful and wonderful. an hour and a half from the forest, eco-trails and houses for solitude, entrance to moscow and we are in the veretyevo park of 6 hectares is free. the perfect place to make a checklist for the winter, what you need to do this in winter, go on skis, go to the bathhouse and after the bathhouse jump into the snow, ice skating, but we go skiing every year , photographer victor vodola will definitely tell you how to take beautiful pictures from all your plans. what is special about winter photographs? beauty is always in the mood and emotions of people. he