Federal Reserve Chair Jerome Powell discussed monetary and fiscal policy amid the coronavirus pandemic during a virtual event hosted by the Peterson Institute for International Economics. Mr. Powell called the economic downturn due to the pandemic unprecedented, arguing that more fiscal and monetary policy action would be needed. While he warned of the negative impacts of long and deep recessions, he also expressed confidence that in a few years the United States could return to economic prosperity once the virus is under control.
Senator Portman spoke about the Coronavirus response and the economic aid package being proposed in the U.S. House. He also spoke about the origins of the virus in Wuhan, China.
Senators Daines and Wyden spoke on the Senate floor about their amendment to the FISA Reauthorization Bill. The amendment would prevent law enforcement from obtaining internet browsing data without a warrant.
The Senate will debate H.R. 6172, USA Freedom Reauthorization Act of 2020, a bill to reauthorize and reform the Foreign Intelligence Surveillance Act (FISA) through December 1, 2023.
The House Rules Committee met to consider a $3 trillion coronavirus response bill as well as a resolution authorizing remote voting by proxy as well as remote committee proceedings.
The House Rules Committee met to consider a $3 trillion coronavirus response bill as well as a resolution authorizing remote voting by proxy as well as remote committee proceedings.
The House Rules Committee met to consider a $3 trillion coronavirus response bill and a resolution authorizing remote voting by proxy as well as remote committee proceedings.
Senator Rand Paul spoke on the Senate floor about reauthorizing the Foreign Intelligence Surveillance Act (FISA) surveillance programs that expired on March 15th. He offered his amendment which prohibits the FISA court from authorizing surveillance on U.S. citizens.
Senate Majority leader Mitch McConnell spoke on the Senate floor on how the coronavirus is impacting employment in the U.S. He criticized the U.S. House proposed economic relief bill.
The Senate Commerce Committee convened a hearing to examine broadband access and capabilities amid the coronavirus pandemic. Witnesses included executives from the telecommunications and broadband industries who provided testimony on additional funding needed for rural and tribal communities, better tools for students and teachers, and coordination between the FCC and private broadband companies. Committee members asked questions in-person and virtually.
