Fed Chair Jerome Powell Testifies Before House Financial Services Committee | LIVE | NowThis – NowThis News

3 часа от началото на поточното предаване на живо

AOC QUESTIONS FED CHAIR ON ECONOMY: Reps. Alexandria Ocasio-Cortez, Katie Porter, Rashida Tlaib, and other members of the House Financial Services Committee hear testimony from Fed Chair Jerome Powell on the central bank’s latest economic report. Yesterday Powell testified before the Senate Banking Committee about the economic impact of COVID-19, saying ‘until the public is confident that the disease is contained, a full [economic] recovery is unlikely.’ The Fed Chair also noted that the unemployment has hit low-income workers the most, including many minorities and women, creating further socio-economic disparities. Congress has until July 31 to decide if they will fund and extend further economic relief for those unemployed, which the House has passed as part of their $3 trillion relief package, but the Senate has not yet considered.

» Subscribe to NowThis: http://go.nowth.is/News_Subscribe

» Sign up for our newsletter KnowThis to get the biggest stories of the day delivered straight to your inbox: https://go.nowth.is/KnowThis

#FinancialServices #JeromePowell #FederalReserve #Economy #Coronavirus #News #NowThis #NowThisNews

Connect with NowThis

» Like us on Facebook: http://go.nowth.is/News_Facebook

» Tweet us on Twitter: http://go.nowth.is/News_Twitter

» Follow us on Instagram: http://go.nowth.is/News_Instagram

» Find us on Snapchat Discover: http://go.nowth.is/News_Snapchat

NowThis is your premier news outlet providing you with all the videos you need to stay up to date on all the latest in trending news. From entertainment to politics, to viral videos and breaking news stories, we’re delivering all you need to know straight to your social feeds. We live where you live.



Read More

Add Comment