mrs. phillips is one-third of the first grade team, and i know she enjoys collaborating to bring out the best in students. i join you all in celebrating nicolle phillips this evening and look forward to celebrating her commitment to and expertise with our young people for years to come. congratulations, mrs. nicolle phillips. >> good evening, everyone. thank you, miss czar, for those kind words. i truly appreciate it, and it's been a pleasure working with you for the past five years, and i'm also honored to accept this award today. it truly means a lot to me. it's been a pleasure serving the glen park community, and i'm so proud to be an sfusd educator. thank you again, and i look forward to continuing to serve all of my students. thank you so much. [applause] >> thank you, principal czar and miss phillips, for all the work you do in making leert better, ensuring that all students have the support that they need. . >> section c, discussion of other educational issues. i'm going to call on superintendent matthews to address this item. >> thank you. this is the update on the superintendent sear

mrs. phillips is one-third of the first grade team, and i know she enjoys collaborating to bring out the best in students. i join you all in celebrating nicolle phillips this evening and look forward to celebrating her commitment to and expertise with our young people for years to come. congratulations, mrs. nicolle phillips. >> good evening, everyone. thank you, miss czar, for those kind words. i truly appreciate it, and it's been a pleasure working with you for the past five years, and i'm also honored to accept this award today. it truly means a lot to me. it's been a pleasure serving the glen park community, and i'm so proud to be an sfusd educator. thank you again, and i look forward to continuing to serve all of my students. thank you so much. [applause] >> thank you, principal czar and miss phillips, for all the work you do in making leert better, ensuring that all students have the support that they need. . >> section c, discussion of other educational issues. i'm going to call on superintendent matthews to address this item. >> thank you. this is the update on the superintendent sear

mr. phillips also. >> mr. chairman, thanks. i will going to step back a little bit and try to frame this. i am seeing three kinds of areas of focus. time is one. and you know, we have talked about the calendar. in 2019, we traveled for 70 days and we were here 65 full days. that's crazy. we made a recommendation about two weeks on, two weeks off. it is not just being here. it is our time here and how we are efficient with the floor schedule and how we are efficient to not be in multiple places at once with committees and subcommittees. so we are working on that. the first is time. the second is relationship-building opportunities. we have talked about a number of different ways that we can do that. and we are going to go deeper in that category. and then the third, and i definitely agree one of the most important, i refer to it as restructuring incentives. and you know, you have got budget reform. and that's huge. we haven't passed a budget in decades. i mean, it's just crazy. and you know, i like the idea of restructuring comm

mr. phillips was to get in on this. >> thank you. i want to continue on the theme of incentives, you both refer to it, the incidence here are perverse, i think it is fair to say. i would like to go further upstream. we all know members who come from very safe district not only are not rewarded for working together, they are punished or labeled as traitors. so my question is, are there some changes to our system that might reward people on both sides of the aisle who would come here with de 1000 working together, voting, independent redistricting committees, is any thoughts on how to create a reward system before people come here to incentivize collaboration? >> so, reforms to the electoral process are beyond my expertise, but i would say it is important to think about the biggest incentives possible when you are asking yourself why do the incentives you face shape your behavior in the ways that you do. so the question is absolutely the right one. i can't speculate. i don't know if you all would vote on the specific reforms, but it is

mr. phillips so he can start ferc-ing 9:00 to 5:00, you wake up and pour yourself a cup of ambition and they are there in thanks to ferc. and we work to ensure the robust transportation system we work all day. and before the traffic starts jumping the charging networks for all those electric vehicles stay cheap and reliable are also thanks to the folks ferc-ing 9:00 to 5:00, what a way to save the planet. we won't slow down the devastation of fires and heat waves and blackouts that infected 1-3 americans until we build out a single carbon energy system and with ferc's help we can turn the ship around if we let it. ferc-ing 9:00 to 5:00, what a way to save the economy and every day ferc works for charities not a rich man's game and they work to keep our energy markets affordable to make sure your energy is not just taking without giving. why ferc? can't we just do it in congress? as long as the senate prioritizes the filibuster over the preservation for the climate a ferc will remain maybe the most important and only tool to get to a low cost zero carbon economy at the pace the crisis demands

mr. phillips. >> thank you madam chair. greetings to my colleagues, and our witnesses.thank you for being with us. my question is about bank fees relative to the ppp program. the washington center for equitable growth indicated that banks raised about 18 billion dollars in fees associated with processing ppp loans. i would like to hear from you, whichever witness would like to begin, to describe the bank the structure that was implemented, to provide the incentives to issue the loans, and, weather, you think that, in part of this, explains where some of the largest lenders were reluctant to push forgiveness through, using the small business advocate forgiveness portal. any thoughts for many of our witnesses on that subject may? >> yes, i would be happy to take the first answer to that. that's so, first, i would say, i am not aware, and would be surprised to see, that there are terms with the way that the small businesses have been operating. i had not heard that, and that surprised me, if that is happening. this business advocates should be supplying, significant pressu

mr. phillips. re my questionp. ph is about bank feesillips: relative to ppv program. the washington center for equitable growth indicated banks raised $18 billion in fees associated with processing ppp loan applications. i would like to hear from you to describe the bank fee structure that was implemented to provide the incentives to issue the loans and whether you think it explains why some of the largest lenders were reluctant to push forgiveness through using the sba forgiveness portal. any thoughts from our witnesses? ms. bilonick: happy to take the first answer that. i am not aware and would be surprised to see -- [indiscernible] i had not heard that and that surprised me. if that is happening, sba should be supplying --the structure we put in place [indiscernible] [indiscernible] , congress made an effort to ensure small businesses had access to ppp. congress structured it with a larger percentage of small loans. unfortunately, [indiscernible] because we were helping the nonprofits serving the community, helping lenders keep their employees on staff, -- we have

phillips: thank you, mr. chairman. mr. secretary, i'm one of 20,000 goldstar children from the vietnam war. i'm now joined by 5000 more goldstar children from iraq and afghanistan. i just want to acknowledge all of my brothers and sisters who have had to watch the events of the last month that so sadly looked so strangely familiar as it relates to the fall of saigon 50 years ago. i also want to honor the service of many of my colleagues, many who serve on this committee, including my friend brian mast, who just about gave his entire life to our country. i honor all of you. i want to start with that. let me assure you, it has been difficult, heartbreaking, and disappointing to watch the last number of years and the last month. but i have to say i'm terribly disappointed in my colleagues, some of them, on this committee today. i think it is embarrassing, i think it is counterproductive, and i think it is shameful, frankly. i don't hold republicans accountable for my father's death even though he died in a republican administ

phillip's basement and into the first floor. it triggered gas leaks nearby homes and businesses exploded are you worried about the future consequences of climate change >> yes >> reporter: mr. mehta owned this property that used to be a banquet hall >> my business is hurt, my family is hurt, i built the business from scratch and all my money is gone i don't know what's going to happen next >> gabe, let's talk for a moment about the rain in the forecast there that can't be sitting well with folks. >> reporter: yeah, lester, a flash flood watch is in effect tomorrow night for parts of the northeast. adding insult to injury and potentially making this cleanup effort even tougher. lester >> all right, gabe, thank you. >>> we want to get to those breaking developments out of louisiana. health officials revoked the licenses from seven nursing homes after their residents were evacuated to a warehouse where seven died local leaders question how did they fall through the cracks sam brock is in new orleans tonight. >> reporter: the crises are coming from all angles in new orleans where lines of cars stretch miles for chicken. the need for gas is still gaping and a fresh round of rai

mr. chairman. some economists question the validity of this concept is a connection between inflation and unemployment that has seemed to grow weaker in recent years. chairman powell, is the phillips curve still a valid economic model or tool? have you observed in notable strengthening in the relationship between unemployment and inflation during the pandemic? chair powell: senator, if you go back to the high inflation era that we both recall, it was a very close relationship for one kind of relationship between unemployment and inflation. that is no longer the case. there is still a relationship. we say the phillips curve is flat, but there is a modest relationship. the slope of the line is seven degrees or something, so very flat. is there any change we observe in the near term? not at this point, no. sen. shelby: do you watch the philip's curve? chair powell: we do, but we have 3.5% unemployment and very modest inflation for a couple of years before the pandemic, so it is not a top of mind concern. sen. shelby: the inflation that we are having -- top of mind concern. the inflation we are having is, but it is really not the phillips curve. it is not particularly binding right no

phillips from the mom you pursuing him when you need to do that. ok. number show pneumonia or 2 meals for cable. oh, i know she can. she can stay. oh yes. okay, mr. nick with a favor, which way me is this for the shuttle service with us will still work. and if you need them with the no problem, let me tell you a good good solution to book a date and story of the fail least also took a look windshield, which schools look, i mean the people at the living room. daniel is now well famous, an incredible performance. so him when the voice kids competition, people started talking about him everywhere. ready and that marked the start of his path to achieving his go from. i never wishing to think of that a new or new with mr. ramos, because edge. so yeah. village of sir. i'll give you a lot of extremely the show. going to send you in the same with nipple. let's go with the chieftains of the players. a thought according to maybe put bought a car there. when you're starting from the years by yoshi, it's a who shall fuck that will slow. so let him goals me at the watch scene as well. but the new is that the prince be else at the next place? the new chip. eve

movie character of all time phillip mena >> good morning, brian we start with president biden who is traveling to new jersey today. he will survey the damage left behind by ida. mrden will visit queens, new york for many in the northeast, this labor day, included clean up down in louisiana, entergy reports 500,000 people had power restored >>> as you mentioned, the world mourning the loss of michael k. williams he starred as the stick-up man on "the wire." the fivefive-time emmy nominee s found dead on monday afternoon in his apartment michael k. williams was just 54 years old. >>> the average watch time per user on the app tiktok has officially surpassed the watch time of youtube users. this is true in the u.s. and uk. youtube still holds the top spot for overall time watching. makes sense. it has more users. youtube has 2 billion monthly users and tiktok from mid 2020 was about 700 million. brian, back to you >> some big numbers there. a lot of people watching the amazing work that michael k. williams did "the wire" was an the best show of all time. he is up with his brother in the alley. he said you might miss he said at this range with this caliber, if i mis

mr. chairman. i yield. >> gentleman's time is expired. i now recognize representative dean phillips of minnesota for five minutes. >> thank you, mr. chairman. i'm one of 20,000 gold star children from the vietnam war and now joined by 5,000 more gold star children from both iraq and afghanistan. i just want to acknowledge all of my brothers and sisters who have had to watch the events of the last month that so sadly look so strangely familiar as it relates to the fall of saigon 50 years ago. i also want to honor the service of many of my colleagues. including my friend, brian mast, who just about give his entire life to our country and i honor all of you. i want to start with that. and let me assure you, it's been difficult, heartbreaking and disappointing to watch the last number of years and of course the last month, but i also have to say i'm terribly disappointed in my colleagues. some of them on this committee today. i think it's embarrassing. i think it's counterproductive and i think it's shameful, frankly, but i don't hold republicans accountable for my father's death, even

mr. chairman. i yield. >> senator shelby from alabama is recognized. >> thank you welcome both secretary -- madam secretary, chairman powell chairman powell, i'll direct my first question to you. the phillipserse relationship between inflation and involvement. historically it's been yutdallized to understand the relationship between unemployment and inflation, particularly in relation to the federal reserve's dual mandate of price stability and maximum employment you're aware of this some economists question the current validity of the concept, as the connection between inflation and unemployment is seen to grow weaker. chairman powell, is the phillips still a valid economic model and have you noticed a strengthening between inflation and unemployment >> you go back 32 high inflation we recall a one for one kind of relationship or close to it between unemployment and inflation. that is no longer the case we say the philip. s curve is flat but not completely flat. there's a relatively modt relationship the slope of the line is 7 degrees or something so, very flat. is there any change we observe in the near term not at this point, no. >> do you watch the phillips curve? >> we do but if you s

phillip mcfun barrel," and it won. (laughing) and we won a trip to disneyland in its first year of opening. and the studios, lunch with the mouseketeers, and meeting mr massachusetts, and one from texas. now, did they all have to name the monkey, also? they named him different names. who had the best name? i think i did. (laughing) well, you brought in this wonderful autograph book. and in the autograph book, you have the mouseketeers. you have various voice actors from the disney studios. but you have one in particular. yes. walt disney. yes. that's the best of all. he helped in the tour of the studios. and we got to go in and see the animators. and, of course, at that time, it was something you never even knew about, how they made the cartoons. just really amazing. when i look back at it, it was one of those things you're not quite sure was real. so this was a really amazing moment in the history of the disney company. they had just opened an amazing theme park. they were putting out such amazing films.ny. and in this autograph book, you have a lot of different signatures, but the most valuable one is walt disney's autograph. and for an authentic w

mr. chairman. some economies question the current validity of this concept is a connection between inflation and unemployment that seems to grow weaker in recent years. chairman powell is the phillips curve still a valued economic model and tool? have you observed any notable strengthening in the relationship between unemployment and inflation during the pandemic? >> senator you go back to the high inflationary we both recall, it was very close relationship a one for one relationship are very close to it. that is no longer the case. there's still a relationship we say the phillips curve is pretty flat as not completely flat. there is a relatively modest relationship the slope of the line is 7 degrees or something, so was very flat. is there a change to get your last question. not at this point. >> you watch the phillips curve? >> yes we do. we had 3.5% unemployment and very modest inflation for couple of years before the pandemic. it's really not a top of mind concern. the inflation we are having is but it's not really related to the phillips curve. >> would you say the phillips curve concept is not valid right now? >> it's not critically binding right now. i'll direct this questio

mr. rogers: i yield to the gentlewoman from texas. >> i rise today in support of this en bloc which includes my friend and colleague representative dean phillips to support a report on the cybersecurity model on small business. recognizing the increased cyber vulnerabilities of small contractors, there is a ms. newman: framework. and to assess implementation of cybersecurity requirements. i'm concerned that the act has created another hurdle to have them competing. no question that our military relies on the small businesses making up our network and voices should be heard. strong national security and cybersecurity in a thriving defense industrial base shouldn't be mutually exclusive goals and i hope this will be a path forward. i would like to rise in support of following en bloc amendment which includes my supply chain that i was proud to interviews with mr. golden. we must ensure supply chains are protected and with every business i meet, i continue to hear how they are experiencing disruptions due to covid-19 and prevent further disruptions we must act now. protecting our supply chain is more than just business, it ace matter now of natio