i was working for a smally business at the time and was experiencing additional ppp ppp rollout as well so i can appreciate the. statements and issues and having challenges as well. we face similar challenges and eventually we got back on track. we tried to emphasize first off we have a great skilled network and resourcingon network and we have to make sure communication is strong with them but there were so many different -- included but we have reached out to stakeholders making sure that they are him members have the information that they needed and were involved in the process as well as the outraged once the brogue room was launched. it's a much broader program in terms of the numbers. we have done over 1000 events across the country and the national restaurant association but as well local groups across the country to make sure we are reaching as many people as possible and reaching out to media sources and those in our communities as well as veterans groups just to make sure these organizations have the information they need to take to their members so it's about the connection t

we've changed the eligibility of the ppp program both by legislation and by administrative action. i'm curious as to how those changes have been implemented. the advanced program which is one aimed at our most challenged small businesses. we need to know what outreach is being given so that those that could benefit from this program have an opportunity to participate because we are concerned that they don't have the same avenues of information that other small businesses might have and might be left behind. the communicator navigator pilot program was sent out on march 3rd and we'd be interested to see how that has moved forward and applications on april 26, and there should have been more -- ask you standed accepting applications on may 3 00,000 applications. 57% were businesses of women, veteran owned or economically disadvantaged individuals which is the priority of 21 days. it is my understanding that the funding there will not be enough to meet demand and we appreciate your assessment as to where we are in regard to the monoes that have been appropriated versus the demand show

those are not the big ppp loan's.is there a reason why there is a delay in approving the ppp forgiveness that we need to know about and we know you have some that the first applications were rejected and the second you put a hold on. i know there are three that you have on hold but could you share the administrative reason why it takes so long to approve those forgiveness -- >> over 60% of those applicants had applied and been processed in less than 1% that we are discussing. on average it's taking the sba six days to process once the lenders have met that final approval so we feel strongly that working with those been expedited and more forgiveness loads need to come soon. there will be talking to lenders to figure out and provide as much as possible to help all of the loans to be expedited through the process. >> a six-day processing time is certainly very reasonable and i'm glad toex hear that. is thereoc a way for business owner who has not heard within a reasonable period of time is to weigh the ppp forgiveness h

>> we're the largest lender in ppp. we lent as much as we can everywhere we can according to government guidelines. 90% of the loans in the first round went to companies of less than 20 employees, and we reached out everywhere to lmi communities and stuff like that. i'll get you the exact numbers, but i think we did a fairly good job at it. >> well, i do have the numbers. i do have the numbers. i do have the data because i'm the chair of the small business committee, and working with the sba. in fact, we held a hearing yesterday. so my question to you is when we're talking here that despite the fact that we put aside, set aside for just lending to lmi small businesses, not only did your bank decrease the number compared to the first tranche and the second tranche, but also the size of those loans. it went down from approximately 117,000 in round one to 80,000 in round two. at the exact time we all knew that small businesses in lmi communities were starving for capital. and despite how hard they work at applying for thos

outside of ppp, we provided $18 billion in new and renewed credit for small businesses.contributed to philanthropic initiatives and we support our employees, especially our frontline workers, with something like 75,000 went to work every day, including me, for the most part, who continue to show up to their jobs in branches, call centers, lock boxes and other roles that cannot be done at home. we gave special payments, additional paid time off and continued to pay for regularly scheduled hours even when hours were reduced. there's no doubt that the bold and swift action taken by congress, the federal reserve and the administrations over the past 15 months were instrumental in reversing financial panic and avoiding a deep and lasting economic crisis. but the last year exacerbated long-standing inequality, particularly among black and latinx families, holding us back as a country. this is why jpmorgan chase recently committed an additional $30 billion over 5 years to address racial, economic inequality, focusing expanding affording housing, growing black and latinx owned b

williams in terms of your lending through the ppp program. it wasn't without hiccups, without some glitches, but it was pretty solid. so i want to thank you for your both of those. mr. solomon, in his opening credited dodd/frank for the ability and the strength of the banking sector as it went into the pandemic and as it has come through the pandemic to one of the things that's helped the banking sector be a strong shoulder to rely on during this period of time. can all of you raise your hands if you agree with the way i've paraphrased his testimony? if you think dodd/frank is due some credit for us getting through the pandemic. so i see mr. goormane, mr. diamond, ms. frasier, mr. sharf, mr. moynihan and mr. solomon. i appreciate that. and i appreciate what you said, mr. diamond. there's always an issue. too much capital, too little capital. but everybody came into this thing strong and was able to absorb a real shock to our economy. mr. sharf, i've got a couple questions for you. as a customer of the bank for i was told 44 years i just want

the united states banking system did, what it did to respond to covid-19 and give ppp money into the hands of struggling businesses was something no other country i believe could've pulled off and no other banking system. i know you had employees working around the clock when ppp first opened to process as many loans as possible and helped your customers in some of the most uncertain times of the pandemic. your banks were instrumental in making that happen. so i want to start off by saying thanks to you and all of your employees on behalf of the millions of small businesses that were able to survive because of their hard work. we all know that a strong banking system is essential to building a strong economy. your institutions and the community banks they help and support allow entrepreneurs to get the necessary capital to start their own businesses, expand operations and hire more people. and make sure you can continue getting money out to main street america and supporting small business owners like myself and others instead of navigating additional regulations and reporting requir

the ppp loans for my industry, i have four restaurants on the jersey shore.st one.2 to $1.3 million of revenue last year and the ppp loans helped us keep our lights on it helped me keep my employees, more importantly it really gave us a sense of hope that we would get through this pandemic which it did. i was able to secure two rounds of funding for both rounds of ppp and it really helped us keep going and keep focused and even though there was a lot of debt we didn't shudder. we are still open at all of our locations and it really helped us get through it. >> you lost over $1.2 million in revenue over the last 14 months. how long is it going to take for you to recoup all those losses? >> it could be years. we were lucky. we figured out some creative ways to keep afloat on top of the ppp loans but other industries were not able to do that. stopping it now is the last thing the president should do. small business america is going to be in trouble for many years to come. this is devastating. we need help. >> final message to both of you. i'm curious your messag

watch the development of the work of the ppp during the early days of relief. watching the restaurant relief fund alongside the small business really fun that was set up for event venues because the difference in what they required was the same agency, the hurdle is so much lower than the paperwork the event venues had to fill out. and that is absolutely the lobbying as a result of organizing to simplify and streamline those. i know you believe this, tomac. it is a web of things if you pull on it it goes in one direction and if you have to think about it, some of the different ways because it touches everything. it's the largest meat company in the world and they own like 20% of thece processing capacity and the vulnerabilities are incredibly efficient and that is why we have among the cheapest meet in the world and its efficient in terms of money and scale but the question then becomes are we resilient and can we withstand shock i got to interview the secretary a few days beforepp that happened ande was like first of all good job having a backup system in plac

loan, oakland restaurant that was able to stay in business with the help of a ppp loan. >> the ownerloyal customers and community partnerships kept them afloat. >> it's been amazing. the community have come together and just supported us. i can't wait to give back. >> tay will mark 11 years in business this september. they hope growing confidence in the economy and flattening the curve will lead to full restaurants by then and let's hope they are right for everyone. world news tonight with david muir is next. we appreciate your we do it every night. like clockwork. do it! run your dishwasher with cascade platinum. and save water. did you know certified dishwashers... ...use less than four gallons per cycle, while a running sink uses that, every two minutes. so, do it with cascade. the surprising way to save water. this... is what freedom sounds like. and this. this is what freedom smells like. ahhh, enjoy 30 days of open-road freshness. febreze car. california's choice beauty? pretty boy. or a beast? john cox grew up with nothing; made himself a remarkable success. california's falli

period they were asked to do $230 billion in loans and their staff barely increased the reason the ppp loans it was done through commercial banks it was a private project basically, that's how things gotta work that's my job with these huge expenditures moving forward, they want to double down. elizabeth: the thing is this small business lending program is on the watchdog radar screen for major fraud for years and years, now we have house majority leader kevin mccarthy in a bipartisan push to call back fraudulent claims potential 30 billion in fake jobless claims in california were seen in maryland and other states so were paying money for people to stay home and restaurants can't get workers and construction companies can't get workers now we have massive fraud, your final word. >> we need to understand and appreciate and we need to focus on private sector growth, not government growth and when we can bring the private sector in to help manage andan facilitatet usually works out, always works out better than the government handling large scales of ventures. elizabeth: congressman than

then we were told we could ask for ppp funds because the sbog was going to be delayed.ere told it was going to be over four disbursements, so we have not been getting a correct story and it's been disheartening. every time we think we're about to get the awards and putting it into our projections for cash flow for how we're going to survive, we're being told it's changed again. >> are you hopeful that you'll start to get some of the money -- how much have you applied for, and have you received any >> no, we have not received any. we have received the ppp 1 and 2, which has been incredible for us you know, we think we should be able to get somewhere around $2 to $3 million, perhaps a little more all this depends upon how many apply and what's the order we're in the second round of funding. they haven't even given the first round out although i hear there's a smaller number so we've been told there could be supplemental funding that comes after, by the way, there's 14,000 organizations that have applied. once we work through all those, there actually may be more at the en

we had ppp loans. we had a lot of good things that happened.re forced to stay home. we had to fund the hospitals. we had to get testing out. certainly when you get into the bailout phase there were some bailouts worked out well, back to the ppp. definitely some hiccups, the main street lending plan as well for larger companies, the airlines. but you're right, we had certain loans, idle, emergency injury disaster program, could have as much of the i.g. could have as much as $70 billion alone of the fraudulent loans made. you throw in there the unemployment insurance that went out. we had really sloppy work that was done. i have to tell you something, elizabeth, when you have trillions of dollars being managed by the federal government, handed down to the state government, you know, some of these terrible management is what occurs. we've got too much money -- elizabeth: good point. >> the idle fund is run by the sba. the sba did 1/3, $60 billion of loans in 67 years. in the two year period they were asked to do $230 billion in loans. and their st

. >> we have news on the ppp program.out with a release, saying it will extend for a final time the ppp-lf, by an additional month to july 30th. the extension here will allow for banks, cdfis and other financial institutions to pledge the facility, the ppp loans approved by the sba through the june 30th expiration of the ppp program. it will extend several cried, ception them ago class rule. let's get to an update hi, tyler. >> nbc news reports manhattan district attorney cy vance set to file charge involving tax evasion for alan weisselberg derek chauvin's sentencing hearing is underway. chauvin offered his condolences to family members. a decision is due southern. >>> in southern germany, three are dead, several others injure in a knife attack. police shot and arrest a suspect they identify as a 24-year-old somali man living in the city. they're discouraging speculation on any motive right now. >>> vice president harris met privately with five young girls from central america as part of her first visit to the border wit

largely through a series of factors and one was obviously for small nabusiness loans $35 billion of ppp loans that replace loan credit for the middle-market companies they are borrowing at the percentage of their revolvers or 35% to 27% and that's tens of billions of dollars of loans. consumers paid off the credit cards win $90 billion in credit cards before the crisis and we still want all those loans honestly because that is what the business we are in so it was demand side driven and good site news is as the economy final demands come back in and spending by consumers and business is going you seen the loan balance start to grow this quarter and we will see where we end up but that's been a hopeful sign but when you think about it let me give you a snapshot. in april or excuse me may of 2021 we committed a $1.1 billion commercial lines of credit for small businesses. that is up 30% in may 2019 so you will see loan balances grow as companies reopen and they start to access the loans. >> i will mover on in the interest of time. i've a question specifically about new york city. governor

pastin, i want to tell you that you've gladdened my heart when you talked about the ppp loan and the difference that it made to you. i was one of the four chief architects of that bill. you're right that senator schiavo was a strong supporter as well as our chairman. i'm delighted to know that it was the lifeline that we intended for your employees. let me turn to my question. i have two people who are very close to me, women who in their 50s, one was vice president of a bank, one was the vice president of a college, and both of them lost their jobs when a new president came in and essentially fired all of the senior management and brought in his own team, both at the college and at the bank. each of these women had worked there from several years and had done very well, were in their mid 50s. what their experience in each case was that when they searched for new jobs, they could not find employers who were willing to hire them at anywhere close to the comparable salary that they had previously received because they could have hire younger people much more cheaply. even though they w

domingo de 1 y 30 a 6 y 30 de la maÑana desde sÁbado reducen los carriles parte de construcciÓn de puente pppas interesante que dice quÉ hacer cuando un vehÍculo de emergencia, bomberos r, ambulancia lleva sirena y luces rojas encendidas, a, parar. cuidado, b, incrementar velocidad para alejarse. no, cuidado, c ceder el paso moviendose a la orilla y parar. la respuesta correcta es esta, no estorbar nunca debe pararse porque bloquea el trÁfico, y menos acelerar o seguir a la ambulancia, bomberos es multa cuidado hay que hacerse alan do pero sobre todo no estorbar a los vehÍculos de emergencia a ver cÓmo estÁn los puentes, san mateo muy bien bien 60 m/ph, esto sÍ, se complica la 880 igual que la 280, antes de llegar a la 101 poco de trÁfico y tambiÉn hacia lo que es este y norte, la 280 panorama que se mantiene con trÁfico, es viernes todo mundo quiere llegar a casa, hay cierre de pista, esto ya llegando antes de cruce de la 680 cuidado esto pasa en autopistas vamos a hablar del panorama para el fin de semana al regreso. >>> la pasiÓn del puno fÚtbol se apoderÓ del viejo continente. ( comercial

kennedy: it is still going there is so much money in the ppp program and they're going to find out this history, we have to go were going to leave it there and will pick it up because you'll be back in studio things are opening up all over the place. coming up see your dog and tonight first how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... uh-oh, sorry... oh... what? i'm an emu! no, buddy! only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ (vo) nobody dreams in conventional thinking. it didn't get us to the moon. it doesn't ring the bell on wall street. or disrupt the status quo. t-mobile for business uses unconventional thinking to help you realize new possibilities. like our new work from anywhere solutions, so your teams can collaborate almost anywhere. plus customer experience that finds solutions in the moment. ...and first-class benefits, like 5g with every plan. network, support and value without any tradeoffs. that's t-mobile for business. kennedy: a new poll shows half

kennedy: it is still going there is so much money in the ppp program and they're going to find out thisre going to leave it there and will pick it up because you'll be back in studio things are opening up all over the place. coming up see your dog and tonight first up tropical storm, that is next. ♪ ♪ (vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. it's not some magical number. and it's not something we just achieve at the end. it's a feeling... of freedom to live our lives the way we intended. though the ups... ...the downs ...all of it. this is financial security. and lincoln financial solutions will help you get there as you plan, protect and retire. this is lincoln financial. kennedy: a new poll shows half of americans believe dinosaurs still exist in some place on earth and that places congress those are lawmakers with pacemakers and this is a topical storm tiny t rex arms, topic number one we begin

particularly with ppp which has been difficult to understand you had a team that was all set so peoplet money back that they needed to stay in business >> right and we helped, you know, helped our clients get over $65 billion in ppp loans as well as turn them into grants with the forgiveness. we are now on a mission to help them with the employee retention tax credit, one of the best things for small and midsized bidser businesses. we have already processed over $3 billion worth of employee retention tax credits which is cash in their pocket to help them out right now can you tell people who may not know, this sounds like a great opportunity for you. >> well, it is it's really an -- we talk to the client, take care of filing for this basically, they can keep with holdings of some of the tax has they are withhelding from their employees and themselves they don't have to pay the taxes once they file for the employee tax retention credits if they are retaining employees in their business this helps them offset wages, wage increases as well as new employees they are bringing in it's cash i

that wanted to see us get through this helped us reduce that number from 50% to 14. >> two rounds of ppprescue fund. that's over $28 billion for restaurants. that's very positive news for the industry, while at the same time we're hearing from restaurants across the country. they simply cannot afford to bring workers back. is the issue that they are not paying workers enough and this is a chance to change how we pay restaurant workers, and if you can't pay workers a living wage then maybe you don't have a viable business. >> i'm going to say yes to a lot of that and i want to change my perceptions on that, as well. yes, if you cannot find out how to pay your team a livable wage and stay above water then you should re-evaluate what you're doing in this business and you should be looking at different aspects. i think from the segment that you showed earlier how restaurants are increasing prices due to inflation, that's all absolutely true. however, i think that it has less to do with inflation, the larger dialogue, and i think it has more to do with the fact that millions of americans are

it is interesting to watch the development of the work of the ppp during the early days of relief. watching the restaurant relief fund alongside the small business really fun that was set up for event venues because the difference in what they required was the same agency, the hurdle is so much lower than the paperwork the event venues had to fill out. that is absolutely a result of lobbying, of organizing to streamline those and talk about -- i know wa you believe this, too. --if you have to think of it if it different way, because it touches everything. >> you brought up the jbs tax recently. if any of you have not been following, there was a major hack of jbs, the largest meat company in the world. a brazilian company, they own 20% of beef processing capacity. a really major poultry and pork producer -- processor as well. when the hack took them off-line, he gave us another example of the vulnerabilities that can come when you have that incredible scale. it is incredibly efficient. that is why we have the cheapest meat in the world. it is sufficient in terms of money and scale,

. >> reporter: wanted to have million dollars in federal ppp loans were a lifesaver but in california, more than 3000 childcare providers) in the last year. >> it has been devastating. >> reporter: executive director of foresees of san mateo county helps families find and pay for child care. he says more than half the county's daycare providers are open but some are barely getting by under new covid health rolls. >> as they were fewer kids that were allowed, and the staffing had to remain, because he just couldn't move group to group. >> reporter: footsteps can take only a third as many children. >> so the revenues went down, and the expenses went up. >> 45% of the county's childcare programs have only enough cash on hand as they opened a few weeks to a month, that is from a recent survey by the san mateo county covid-19 childcare response team. a group of agencies supporting families and providers. nearly 2 out of three childcare centers say they are confident they will remain open through the year. that is compared to only four in 10 home based providers. >> corporal for the familie

when this started in april and they first got the ppp loan, it was trading 1.25.may have benefitted, it is clear the ceo of this company benefitted tremendously from the trump administration finding him, giving him a huge government contract to produce syringes. >> reminder, the american people benefitted, we got the syringes, could have gotten them from other big companies that produced them regularly. going to stay on this story. john allen, thank you. >>> as we reopen america, get more people vaccinated, here are coronavirus facts we know at this hour. countries across the world are putting restrictions back on over the contagious delta variant. four major cities in australia are going into strict lockdowns with the variant causing new see it zee land and israel to tighten restrictions. good news here if you are vaccinated. a new study says immunity from the pfizer and moderna vaccines could last longer than originally expected. vaccinated people who have had covid could have immunity for a life time, you would not need a booster. >>> a different study from oxf

says the "uss hornet" gets zero annual funding from the government, although it did receive a one-time ppp loan. it operates on volunteers, donations from supporters and those who pay for tours. >> our main purpose is to teach a little bit of history. >> reporter: almost 92,and he doesn't need a cane nor walker to get around. so what's this veteran's secret? teaching. >> i need the "hornet" more than the "hornet" needs me. >>> in los gatos, another memorial day ceremony. a small service was held at the los gatos memorial park. cemetery. and streamed live for those who couldn't be here. >> today we pay tribute to those who have given it all in service. we observe the honor and strength, the service and sacrifice of our country's most noble heroes. we honor your service. >> we will show you other memorial day ceremonies around the bay area later on in this switch over to our coronavirus coverage. we've been tracking the ups and downs of the pandemic. it shows the lowest seven-day average for this date, down from 260,000 in early january. in california, 644 new cases have been reported since

and then we were very lucky that something called ppp came. when we made the decision, we kept everybody on the payroll for four, five, six weeks. and when you are talking about 1200-1400 employees, you had to do it. that is a lot of money, but we had to do it because, remember, they were very chaotic days. nobody knew what was happening. we had to close because it was a virus. when will we be reopening? everything was kind of very complex, and we thought that being there next to the people in the beginning was the right thing. i would do it 10 times over. david: so, in this period of covid, you have been feeding people in the united states who have lost their jobs, who don't have food. did you ever think, in the united states, you would be in a situation where people are standing in food lines at quite the level we have seen? jose: kind of. we saw a glimpse when the federal government shut down. we don't realize that we had many americans, hundreds of thousands of americans, millions, without a paycheck for six weeks. and some people could ha

to 349 billion in forgivable loans to small businesses, for job retention, certain other expenses to ppp payroll protection program, while the ppp loans helped millions of struggling businesses to stay afloat during the pandemic, it also provided a unique opportunity for creative fraudsters to take advantage of federal government's generous terms. so i would go down quickly to say i think you know where i'm going with this, and if you can explain to me how we are doing on that. because some of the numbers i have seen has been unbelievable. 250 million in taxpayer subsidized loans, funds, gived to potentially ineligible recipients. then we have 1.9 million in pending sba transactions made to accounts outside the united states. another 3,000 suspicious transactions worth $73 million that were flagged by financial institutions. can you give me an update of where we are on that? >> yes. so this is a circumstance that i saw coming in even before the reports. it seemed obvious that my last go round in the justice department had to do with healthcare fraud being one of the top issues. and we st

. >> community banks were essential in the ppp program. they were a critical part of the distribution mechanism in part because of their broad reach into their communities and their sort of deep knowledge of particular customers. i think it would have been difficult for the ppp program to have worked without the participation of the community. >> thank you, mr. chairman. you hit the five-minute nail on the head. i appreciate your appearing before the committee today. and i yield back. >> all right. i think that means that i'm up next. so i'll go ahead and get started. last month a hedge fund called archegos imploded after being ris tibets. some of our biggest banks loaned archegos the money to make the bets even though the hedge fund was managed by a guy who had already been charged with insider trading and banned by regulators from handling clients' money. now, those banks suffered $10 billion in losses as archegos collapsed with more than half the losses hitting one bank in particular, credit suisse. your job is to oversee the safety and

the challenges to access and capitol, it was interesting to watch the development, the work of the ppp during the early days, this new restaurant relief fund alongside the small business relief fund set up for venues because it's different and what they required the same agency.s hurdle is so much lower than the paperwork the event venues have to fill out and it is absolutely a result of lobbying, sort of organizing, simplify and streamline those and get in the talk to them. you are so right i know you both believe that, it is literally a web of things, people want because in the other direction you have to think about it. it touches everything. >> you brought us gbs recently, earlier and you haven't been following, a major hack, the largest meat company in the world, brazilian company and they own life 20% of beef processing and major poultry and pork producers as well and they got hacked and went off-line, it gave us another example, the vulnerabilities that can come when you have a incredible scale, incredibly efficient and that's why we have the cheapest meat in the world and its e

representatives from wells fargo surprised the owners of tay they were able to business with help from a ppp loan from the bank. >> i can't wait to give back. >> tay will mark 11 years in business this september and they hope the increased economy in the economy will lead to full restaurants by then. >>> more than a dozen oakland police officers are in trouble. what the police chief is saying about their behavior. >>> and the folks of the silicon valley and wine country collide. how this computer can increase the taste of wine. >>> this is a look at 880. the included deck is not as sick. the breezes will california's choice beauty? pretty boy. or a beast? john cox grew up with nothing; made himself a remarkable success. california's falling off a cliff. high taxes, unaffordable costs! even elon musk left! gavin's mismanagement of california is inexcusable. we need big beastly changes in sacramento. i'll make 'em. recall the beauty. meet the nicest, smartest beast in california. john cox. so it's another day. yeah- that's what most people think. but in business it's never just another day. ev

i would look to the ppp program, and things like that they were were statutorily unforgivable, so i wouldgoing forward in terms of liquidity facility, i think that the overall assessment of that is it was a resounding success the test is not how many loans we made, but how much lending took place the municipal markets were collapsing, the people who put their money in funds were taking their money out. we announced the facility. all of that turned around, and by -- through much of last year municipalities and states had great access to markets, record amounts of borrowing took place at loud, low rates it really worked it stands for the proposition that a backstop is better than a direct loan in a lot of cases. we would look at it that way >> mime tame has expired i yield back. >> now the chair recognizes dr. meeks. >> thank you, mr. chair. thank you coming before us today and for your testimony there has been, i think, first and foremost, the improving economic position, we see today, do you think it would be in existing with three safe and effective vaccines >> i think that the vaccines

american history, $2 trillion, which included those covid relief supplemental payments, more money for ppp. one reason why the vaccination rollout right now has been so successful, the fact that more than u.s. -- half of u.s. adults have at least one dose, excuse me, 60% have at least one dose and 50% are fully vaccinated -- think of what a mess we were in before that covid relief bill passed, the american rescue plan. right now, we are leading the rest of the world when it comes to vaccinations. such a big contrast to the previous administration, which had one of the worst records when it came to cases and deaths. so, those are the things we are fighting hard for. as far as the senate republican proposal on infrastructure, i do not think it is a critical -- credible proposal because a lot of the figures that they are throwing around is kind of just, as george bush used to call it, fuzzy math. it is repurposing spending that has already passed, that is the bulk of their proposal. while i do not disagree with attempting to be bipartisan, in reality i am skeptical about you will get 10 senat

new update, the ssba has awarded more than $833 million after much criticism over the fraud in the ppp see the process tightening, but vendors are very eager to see this resolved. >>> arlington, texas, a part of the hollywood walk of fame one of the iconic stars unveiled today for the chevy suburban it's appeared in more than 1700 movies it's made in a gm plant right there in arlington this is the first hollywood start outside california, and the first one ever given to a car. wildfire season has just begin officially dozens of fires have already sparked around the country >>> two members of the same family killed six months apart in virtually the same spot tonight ♪ limu emu & doug ♪ oh! are you using liberty mutual's coverage customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need. limu, you're an animal! who's got the bird legs now? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> a member of a gay men's chorus accidentally ran his truck into a group police say all evidence points to what

people who are laid off, people who can't work because their kids are not in school, and then you have pppuption. i just one of the many reasons why there are so many people ou there who do not trust the federal government. >> that is very libertarian of you and i'm going have to agree at this particular moment. >> jesse isn't like it. >> anything. >> the home studio is great fea hit. >> i would love to hear, obviously 400 billion is a ton of money and the fact that it went to russia and chinese actors makes it even worse, so what can we do looking forward to ensure this doesn't happen? i know people who got checks wh shouldn't have gotten checks, i know people who should have gotten jex if he didn't get those checks, we need accountability for this and hopefully it will be raised wit pugin and they will be conversations with the chinese about this because there it could get this is what happens when the government is too big. it's big, it's powerful, there are no more checks and balances when it's that much of a behemoth bear to get country is so rich that 400 billion can block walk out t

new update, the ssba has awarded more than $833 million after much criticism over the fraud in the pppss tightening, but vendors are very eager to see this resolved. >>> arlington, texas, a part of the hollywood walk of fame one of the iconic stars unveiled today for the chevy suburban it's appeared in more than 1700 movies it's made in a gm plant right there in arlington this is the first hollywood start outside california, and the first one ever given to a car. wildfire season has just begin officially dozens of fires have already sparked around the country >>> two members of the same family killed six months apart in virtually the same spot tonight if you're 55 and up, t-mobile has plans built just for you. switch now and get 2 unlimited lines and 2 free smartphones. and now get netflix on us. it's all included with 2 lines for only $70 bucks! only at t-mobile. ♪ ♪ strip away what you don't want, like added sugars and preservatives, and what's left is the good stuff. the real fruit and vegetable juices of naked. strip down to naked. >>> a member of a gay men's chorus accidentally ra

the money be taken from the federal reserve just like it was taken from the federal reserve or the pppng that they just gave them, the cost would be important. they spent money to bail banks out, so this is affordable. it would be $3 trillion is given to the black community, and that would bring blacks and whites equal financial footing and you would see a huge change in the quality of life of black people in america and also a complete renewal in the new america that has been trying to find a way to right the wrongs, but we need to do something aggressively as reparations to address this problem. so that is my case for reparations, i will close with this statement that there has never been another race or ethnic group in america that has been loyal, more loyal to america. unlike any other ethnic group, there is no other group that has fought the world wars than latin americans together. >> apologies, i was trying to do my microphone back on. so thank you for your variety and for laying it out. that's not something that everybody wants to do or feels that they can do and so takes treme

. >> reporter: the museum relies on donations and money from tours, although they did receive a ppp loan, while the turnout didn't reach pre-pandemic levels, they hope by the time the state fully reopens, the july 4th turnout will be a success. no one enjoys sharing his experience more than this 91-year-old from livermore who doesn't need a cane or walker to get around his former ship. it's the purpose he gets from the "uss hornet" that keeps him going. >> i need the "hornet" more than the "hornet" needs me. >> this memorial day, people focussed on the people who lost their lives in the shooting last week. marianne favro is live at a memorial that continues to grow outside san jose city hall. and really this has kind of become the place where people come and mourn and remember. >> reporter: and especially for the community. it's a place that they can honor those who gave so much for their community, getting them to and from, throughout the area. now this is a memorial for the nine victims of vta shooting, and you can see that today on this memorial day many people came by and dropped off

look at the third element of the proposal that was emphasized, this was ensuring that we can get the ppp out there. if you look at the $50 billion invest and, the majority is trying to investigate -- trying to get the public measures out there. saving lives and reducing transmission as mike emphasized. it's not one thing or the other, it's the whole package with the upfront financing, cooperation and collaboration to put it in place. mr. lindmeier: thank you. since we are running out of time we will go now to our last round of comments from our special guests. checking needs to go first because we have somebody who needs to leave very soon. i think that's miss georgieva. dir. georgieva: i think it's actually dr. ngozi. dir. gen. okonjo-iweala: thank you. all i want to say is that we should just keep in mind that we are talking about saving lives. we have the tools with which to do it. we have the finances with which to do it. we have the policy mix with which to do it. that's why we made sure that this op-ed going to all of the g-7 countries before they have their summit, so that they wi

make ppp and test kits.ion to that, it will be essential to build the right partnerships, domestically and globally, and also communicate in a manner that is clear, consistent, and based in science. these are all areas we can make improvements. but the funding that has come through has pumped billions of dollars into strengthening the public health infrastructure that we're talking about. this is really important. because you can't build that overnight. it takes time. you have to recruit people, train them, get them used to the data systems that they need to use. and you need to build trust in institutions, not just the cdc, but scientific institutions across the country. that takes time. communicate transparently. we're going to keep working hard to invest more dollars to build the workforce and manufacturing capacity, and ultimately to build trust. investing in people communicating openly and delivering results. >> mr. surgeon general, dr. vivek murthy, thank you for joining us. >>> there was testimony in