38 Burst results for "Relief Fund"

Fresh update on "relief fund" discussed on Coast to Coast AM with George Noory

Coast to Coast AM with George Noory

01:02 min | 7 hrs ago

Fresh update on "relief fund" discussed on Coast to Coast AM with George Noory

"Has signed the Great American outdoors. His act, calling it a landmark piece of legislation that will preserve the country's majestic national wonders. Colorado Republican Cory Gardner spearheaded the bill and says it'll be a big boost for areas hit hard by the pandemic. The Great American Outdoors Act will create well over 100,000 jobs nationwide and thousands of jobs in Colorado. Our mountain towns and recreation communities that were hit hard by the pandemic. Senator Gardener says The new law provides $900 million a year to the land and water conservation fund and $20 billion to address a maintenance backlog and infrastructure projects on federal lands of national parks. The governing body for state High school athletics has moved football to the spring after a phone call with the Governor. Chasse is commissioner moving all contact sports tow later in the school calendar, Governor Pulis they will have their championships. They will have their shortened seasons. They will have their practices and the kids will be able Teo to participate in that, and that's really an important part of our society, and I plan to be there for the 1st 1 Football Boys Soccer and Girlsvolleyball bumped to start in March. Boys and girls, lacrosse and boys. Volleyball will start in April, along with baseball. The governor touting the state's pandemic relief fund helped Colorado now dot org's Our Relief fund has raised over $22 million. And we don't sit on it. It goes right out the door. Over $16.4 million has gone out the door to 700 organizations nonprofit serving all 64 counties in our state. The money goes to community based organizations who helped renters and daycare and assist. Also with healthcare and exports. Iraqis went again five to over the Giants seven and 1/3 really good innings for Airman Marquez, Colorado, now eight and two. Next update at 1 30 David Ko KO a news radio 8:50 a.m. and 90 for one FM to.

Colorado Our Relief Fund Governor Pulis David Ko Cory Gardner Senator Gardener State High School Airman Marquez Giants Chasse TEO Volleyball Commissioner Baseball Girlsvolleyball
City of Miami considers suing county over coronavirus relief funds

Rush Limbaugh

00:38 sec | 1 d ago

City of Miami considers suing county over coronavirus relief funds

"Miami Commissioner's agreed to potentially sue Miami Dade County and even the federal government over the allocation of cares Act. Fonzie battle over Buck's heating up Miami commissioners would like to party, it turned to take legal action and all levels of government wherever that is necessary. Joe Carroll, you agrees with Ken Russell, alleging the county mayor is being political when offering cities a split of $30 million of its 475 million I get more cities would have to send invoices. I've never seen that kind of arrogance that I witnessed there for many elected official in a long, long time. The city's submitting to the county a report requesting more than $75 million for Corona virus spending

Miami Dade County Miami Joe Carroll Ken Russell Commissioner Buck Official
Fresh update on "relief fund" discussed on Sean Hannity

Sean Hannity

01:27 min | 16 hrs ago

Fresh update on "relief fund" discussed on Sean Hannity

"Live, local breaking, leaving No man behind. I'm Cliff Albert in the Koga news center. The Marine Corps says they have found the bodies and the amphibious vehicle that sank off the coast of San Clemente the last week. The Navy's undersea rescue command also confirm human remains have been identified. Eight Marines and a sailor remain missing from the accident, which killed one Marine. The others were presumed atas of Sunday and search and rescue efforts were called off. The Navy says it is moving as quickly as possible to recover the remains of the Marines and sailors as well as raise the vehicle. They say they will complete a dignified transfer of our Marines and sailors as soon as possible. The cause of the accident is under investigation. Governor Newsome issued a statement offering condolences and he ordered flags at the state Capitol flown at half staff. Maryland Haider KOGO News Elementary schools in California now are able to seek waivers toe open classrooms despite the current order, allowing only distance learning setting go county public health officer Dr Wilma Wooten says the state's release of guidelines today for waivers means the process can begin. Him. Applicants must satisfy all waiver requirements in order to be granted a waiver and we will be set will be disseminating this information to all of this elementary schools this week and anticipate numerous applications. Doctor wouldn't says waivers could only be requested from schools that range from transitional kindergarten through sixth grade. The California Department of Public Health, Meantime, says the electronic system used by most local health departments statewide to report data on infectious diseases, is experiencing serious technical issues resulting in Corona virus cases being significantly undercounted. For just over 4500 new cases reported today. About 5700 Monday totals that are the two lowest single day increases in July 5th and an abrupt change in numbers that have been spiking steadily since mid June. A note with the Department of Public Health. Latest report says that due to issues with the state's electronica laboratory reporting system, the data represented under reporting of actual positive cases in one single day negotiations in Washington on a Corona virus relief package remain deadlocked today is Republicans and Democrats continue to disagree over unemployment benefits. Senate Majority Leader Mitch McConnell says no lawmaker will be completely satisfied with any upcoming agreement. I don't think we're gonna have a total consensus in this round. The atmosphere is much more partisan than it was back in March and April. That much closer to the election. Democrats say the Republican proposal fails to adequately addressed the scale of the current crisis. President Trump has expressed his support for additional eviction protections ahead of the passage of any major Corona virus relief measure. The setting of City Council today, voting to allocate some $700,000 of the city's small business relief fund toward helping hearted businesses in historically underserved communities to survive the pandemic. The influx of money. The city's previously allocated Corona virus Aid Relief Security Act funds where Bly grants ranging from 1000 to $5000 specialized, outraged and technical assistance to business owners and the underserved areas. An Oakland based Clorox companies, saying today the ongoing shortage of disinfecting wipes will continue in the next year. CNN reporting The company's sales were up by 22% in the last quarter is demand has been through the roof since March. Of course when the pandemic began, the company says it increase in production has not been enough to meet the overwhelming demand for its products. Clorox represents only 50% of the market share for those disinfecting wipes on Wall Street. The Dow closed.

Navy Governor Newsome Clorox California Department Of Publi Marine Corps Cliff Albert Department Of Public Health Koga San Clemente Haider Kogo News Elementary CNN Majority Leader Mitch Mcconnel Oakland Senate Dr Wilma Wooten Washington Maryland President Trump City Council
As COVID-19 surges in Miami-Dade, county and city leaders struggle to see eye to eye

Glenn Beck

00:57 sec | 5 d ago

As COVID-19 surges in Miami-Dade, county and city leaders struggle to see eye to eye

"County Municipal Bayer is fighting back after the county mayor claims he's willing to hand over millions and cares AC dollars if cities prove it's being spent to come back over 19 like a child. Let's look together because the people after the lash on a long, tough words from the mayors of highly A and Coral Gables, this is offensive. This is an insult to our residents to the leaders off the most effective governments that once closest to the people they claim. Miami Dade County Mayor Carlos Two minutes acted in bad faith when he initially indicated the cities would split $135 million in federal Corona virus relief funds, But now he's only offering them 30 million. They want a special commission meeting to allocate and reallocate the nearly $475 million given to the county fair, Caradhras Guess news Radio six n. W H says as claimed. The funds have to be spent by the end of the year. So soon a city submit invoices. The money will be handed over. But he says he will not offer blank checks to city's governor,

County Municipal Bayer Dade County Coral Gables Carlos Two Miami
Fresh update on "relief fund" discussed on Tom Sullivan

Tom Sullivan

00:41 min | 16 hrs ago

Fresh update on "relief fund" discussed on Tom Sullivan

"A. Vern Pierson claims the well intentioned video performs a disservice instead of a public service by misrepresenting the facts of the officer involved shooting death of Sacramento residents Stefan Clark Pearson says the video fails to provide context of the teen's death by ignoring evidence that Clark was committing illegal acts before he was shot and killed by responding officers. More than 1000 families in the Sacramento area are getting a financial boost to help them survive the Corona virus pandemic. The United Way's Amber Lovett, says Thie nonprofits Local relief fund raised more than 1/2 a $1,000,000 over the last three months with trying to provide relief to local families. Level of crisis was amplified by Kobe. So these are folks who were already experiencing hardship that we're just kind of on the edge. While the capital region's fundraiser is technically winding down, United Way officials are keeping it open. Given the uncertainty of the pandemic and once hearing about a family is learning the hard way not to tempt hungry bears. They left food and trash in there parked car at Lake Tahoe. The bear wandered near trail and broke in through a back window for a service re tweeted pictures of the rat ransacked car, reminding everyone travelling to the mountains to be bare smart. Traffic and weather together. Here's Dana Bright. Do you buy batteries plus bulbs in north of five and 80? We have another grass fire reported and the fact it looks like sack fire has been notified on that. With Coach Bell Boulevard on ran north, down 1 13 A traffic hazard with people throwing objects under the ramp. Careful out there. Ah, westbound 80 north out 65. An SUV in the center divide, having issues there and 49 Wolf Road. This could be north out of the intersection..

Stefan Clark Pearson Sacramento A. Vern Pierson United Way Officer Amber Lovett Lake Tahoe Dana Bright Kobe
What Will Dallas's Arts Scene Look Like Post-Pandemic

KRLD News, Weather and Traffic

03:15 min | 6 d ago

What Will Dallas's Arts Scene Look Like Post-Pandemic

"Performing arts have had to go virtual during Cove in 19 and the arts Community Alliance is doing everything it can to support these institutions in Dallas County. During the pandemic, we're joined by Terry Loftis, president and executive director of Taka. So how you guys shifted during the way you helped the arts during this time? Yeah. So I took this position last October, and no one told me there was a global pandemic on the right. They really should have let you know that would have been nice of them. That would've been helpful. But in all seriousness, what we were able to do was to react quickly. So the first thing we did when this first half was to create an emergency relief fund with the goal of raising additional funding. So our normal grant process was last March, For example, to where we granted $400,000 to our arts organizations. The pandemic came along and was in full force, and we determined that if we could raise The end of the goal was to raise an additional $150,000. Well, we raise 705,000 so that initiative is drawing to a conclusion right now, then looking forward because back in March the models were indicating and North Texas by Jane July. Will be seeing the other side of this. We will a peak and, you know, April May and then things will get back to some sense of normalcy. Well, that didn't happen. So now we're looking at a situation to where Taka. Technically is not obligated to do the next round of funding based on our normal cycle until next June. Well, there's no way we can wait that long arts organizations. They're going to need our support. Well before then, so That is what led to the creation of the resiliency initiative to where we're taking what would be an annual distribution next June and starting that process and October doing rolling distributions up to the final distribution in June to provide much needed support. Now, then we're waiting until next year. You've got your normal taka grants that you give out. And then there are some smaller grants called pop up grants. Tell us about those What we're doing with this initiative is trying to cover all bases so pop up graphs, which are designed to as this smaller organizations who may be presenting programming in content that may be, for example, just won my concert or one night performance, a dance recital that is not a scheduled seasoned format, but their attempt to And desire to continue their mission statement and put some sort of programmatic content available to their patrons. We would reward those institutions with smaller grants that we call our pop up grants, and that could be anywhere from $500 up to $2000. And that doesn't require an application process because we're seeing a lot of that seasons have been cancelled across organisations of all sizes in the arts. The whole point behind resiliency is just that your ability to present some sort of content that is based on your mission statement to do so. And it's safe environment for performers and for the public. Primarily virtual. And that is Terry Loft is president, executive director of tacos. So if you're a performing arts organization in Dallas County, and you need help reach out to the arts community Alliance, Goto Taka Dash arts DOT or GE. Find out more.

Arts Community Alliance Taka Dallas County Executive Director President Trump Terry Loftis Terry Loft Jane July North Texas
Florida man accused of using coronavirus relief funds to buy Lamborghini

TIME's Top Stories

02:33 min | Last week

Florida man accused of using coronavirus relief funds to buy Lamborghini

"Florida man receives three point nine million dollars in Covid nineteen relief funds Biza Lamborghini and gets arrested for fraud by just SI- abates a Florida man has been charged with fraud and other criminal offenses after receiving three point nine million dollars in covid. Nineteen relief funds and using the money to purchase among other things a Lamborghini. David T hines twenty nine was arrested on Friday and charged on Monday according to a statement by the Department of Justice over three million dollars has been seized from his bank accounts along with the sports vehicle. Authorities allege that hinds fraudulently applied for about thirteen point five million dollars in paycheck protection program P. P P loans for a few companies P P P part of the corona virus aid relief and Economic Security Act was enacted on March twenty ninth to provide small businesses with forgivable loans. Any money given to accompany on behalf of the program is supposed to be used for rent or mortgage costs, employee, salaries and utilities. According to the DOJ statement, Heinz lied on the loan applications and made inaccurate statements about the expenses of the companies including the amount paid to employees. Those purported employees either did not exist or earned a fraction of what hines claimed his P. P P applications. US Postal Inspector Brian McMillan says in an affidavit, according to the Miami Herald collectively hines falsely claimed his companies paid millions of dollars in payroll in the first quarter of twenty twenty state and bank records however show little to no payroll expense during this period. Hines was approved for funding and received three point nine million dollars just a few days after getting the money, he bought the Lamborghini for three hundred eighteen thousand dollars. He is also alleged to have purchased luxury items from stores and resorts. In the past few weeks. Florida has become one of the hot spots for US Covid, nineteen cases and recently passed New York for having the second most confirmed cases in the country behind California. Hines was in federal custody over the weekend released on bond on Monday and is scheduled to be arraigned on October

Hines Lamborghini Covid Florida Biza Lamborghini United States Fraud P. P P Miami Herald SI Hinds Brian Mcmillan DOJ Department Of Justice David T Heinz California New York
Trump, Congress square off over virus aid as crisis worsens

AP 24 Hour News

00:33 sec | 2 weeks ago

Trump, Congress square off over virus aid as crisis worsens

"Trump met with GOP leaders today to negotiate 1/5 virus relief funding measure. Among other things, a GOP officials says he administrations bashing a proposed $25 billion in new funding for virus testing and tracing House Speaker Nancy Pelosi tells MSNBC any White House a bid to block the money goes beyond ignorance. Presidents also again pushing for the bill to include a payroll tax cut. Think it's incentive for companies to hire the workers back and to keep their workers SOCCER Megane Washington

GOP White House Donald Trump Nancy Pelosi Msnbc
Thoughts and Prayers Are Costing Us a Fortune

The Scathing Atheist

03:28 min | 3 weeks ago

Thoughts and Prayers Are Costing Us a Fortune

"Our lead story tonight after much hemming and Hong about the downsides financial accountability in government, the trump administration reluctantly agreed to release a Herschel accounting of whatever happened to those billions upon billions of dollars entrusted to them under the Corona Virus Aid Relief and Economic Securities Act and confirmed every terrible thing. We assumed about the administration's stewardship of our money, including the fact that they didn't give two shits. If you found out how crooked they're stewardship of our money has bet. But to be fair unless your doctor evil. You'RE GONNA be way off on the numbers. Terrifying Republicans actually argued that oversight of the giant Relief Fund to make sure the money gets distributed responsibly would be an irresponsible west of government mony. Exactly now we don't have all the details because these numbers were released in such a way as to ensure that plenty of outright theft could still happen. Only recipients who received over one hundred and fifty thousand loans were listed, and all we were given was a range so given how much information was made public, if the administration straight up pocketed half of it, we wouldn't know about that yet, but even what we do know is plenty to raise eyebrows like for example. Find out when we get trump's tax returns. Yeah, right right now as soon as the audits over for example, a couple of things to already piss you off. The number of businesses directly connected to members of Goddamn Congress and the trump administration that were approved for loans, or for the fact, that is not the line ran. Institute got sticking. Out of the deal, but the number that really leaves off the page me is the nearly ten billion dollars that went directly into the pockets of clergy. Okay to be fair America's biggest export is being wrong. No. Meat Supply. What you mean. Whatever? I. Say the Ayn Rand Yassin. toot, except in a government bailout apply for government. bailouts lasts yes, just weeping as they did. A hard one. Oh I bet it wasn't for him though because they never meant what they said, anyway in all according to estimates from American atheist, churches receive between six point, two and nine point seven billion dollars minimum. Right now we don't know 'cause. They only released ranges, but keep in mind. The any church got one, hundred, forty, nine, thousand, nine, hundred and ninety nine dollars, or less, isn't on the list. In addition to that another four point eight billion went to private schools, predominantly Christian wants, and you know according to Bucket Supreme Court. That's the same as the church when they want it to be. You there's a bunch of those churches at one, forty, nine, nine, nine nine. teed. Yeah exactly so as American atheist, President Nick Fish pointed out quote in two months. The trump administration has given churches and religious schools more than double the CDC's annual budget and quote. So you know when it comes to corona virus mitigation, the most expensive ticket item right now might actually be thoughts and prayers.

Giant Relief Fund Hong President Nick Fish Bucket Supreme Court Ayn Rand Yassin. Goddamn Congress Theft CDC America
Nicole Clowers on Oversight of COVID-19 Relief Funds

Politics and Public Policy Today

05:11 min | Last month

Nicole Clowers on Oversight of COVID-19 Relief Funds

"From Washington Journal recorded on Tuesday morning, focusing on the oversight of covert 19 relief funds. We're going to talk next about the spending of the Copan 19 relief funds approved by Congress over the past couple of months. We're joined by Nicki Clowers Thie Health Care, health care team manager for the Government Accountability Office. Thanks for being with us this morning. Thanks for having me tell us why the G A o did this report The cares act that was passed in in March, require us to provide ongoing oversight of the funding and activities of the federal government. Specifically, it requires us to provide on point oversight of the government's efforts to prepare for respond to And recover from the 19 and it includes US requirement for us to assess the impacts of 19 on public health, as well as the economy as well is tracked the funding and the use of that funding. The act requires us to report every 60 days starting 90 days after Anakin it so Our Joon report was our first report and will be issuing additional reports every other month. So basically almost as soon as this legislation is signed and enacted and signed, the G A. O is monitoring its spending. Absolutely. We're providing real time oversight of the funds. We have experience doing this going back over a decade ago, for example, under the trouble as that released program will provide it. Assistance to the financial sector's After the global financial crisis. We were required to provide ongoing oversight every issue of quarter to 60 days. So we have experience in ways we built on that experience to hit the ground running, provide immediate oversight and help ensure accountability and transparency of how the funds or Viennese let's look at the overall number is 2.57 in Seven trillion in spending and the and the measures passed by Congress here, the figures on each of those packages the PPP, the Paycheck Protection Program, 670 billion. The Treasury Economic Stabilization Fund, 500 billion explain expanded unemployment. Suren insurance, 375 billion economic impact payments. 282 billion public health emergency funding funding, 232 billion and 150 billion from the Exact the relief for state and local governments. Of that 2.57 trillion Nicky Clowers. How much has been spent already about $677 billion. That's what we found in our in our work and collection of data. Unfortunately, Treasury and we have not released overall spending data. Yet under Allenby guidance agencies are to report On on there's care spending starting at the end of June. So we expect the overall spending data to be available starting probably at the end of July in all this time frame. Incident. In the absence of comprehensive data, We undertook our own efforts to collect what was known about spending until we collected spending information on the on the sixth largest areas that you just mentioned. A swell a some other federal agencies and we found about $677 billion has been expended, and about $1.3 billion has been obligated. That means that the government has committed to spending one's. We're talking about the oversight of those covered 19 relief funds. How that money is spent with the hose. Nicky Klauer. She is their healthcare team manager. Welcome your comments to 027 for 8 8000 Eastern and central time zones, too. 27 for 8001 Mountain and Pacific. I have to imagine that keeping track of 2.5 million is hard enough. What were the challenges of tracking $2.57 trillion worth of spending on you? As you mentioned? Not all spent yet and and how much staff does this entail? Well, it is challenging, providing a real time oversight. As you can imagine. A CZ agencies are standing up programs there figuring out how to 1000 programs, how to track their own spending on DH decisions, change programs of all and so that requires us to be Very agile and nimble on Dwork with the agency's Tio Keep up to date on the latest developments, and so in our horses were working around the clock and frankly, too Track the dollars. Make sure we have a good understanding so we can provide that information to policy makers and the public.

Congress United States Government Accountability Offi Nicki Clowers Treasury Economic Stabilizatio Nicky Clowers Washington Journal Copan Nicky Klauer Treasury Joon Dwork Allenby G A. O
PPP Millions Went to Firm Identified in Ukraine Laundering Suit

Bloomberg Daybreak: Asia

00:14 sec | Last month

PPP Millions Went to Firm Identified in Ukraine Laundering Suit

"Company accused of helping launder millions of dollars from Ukraine a decade ago, is among the apparent recipients of the U. S virus relief funds. The company Optimus 7 77 received at least $2 million in loans from the Paycheck protection program.

Optimus Ukraine
Trump signs extension of COVID-relief fund for businesses

AP News Radio

00:42 sec | Last month

Trump signs extension of COVID-relief fund for businesses

"President trump has signed into law a temporary extension of a subsidy program for small businesses battered by the corona virus lawmakers created the program in March providing direct federal subsidies to businesses for payroll and other costs such as rent they've since modified it twice once to add more money and more recently to provide more flexibility on how the funding can be used that move created some grumbling among GOP conservatives of the six hundred and sixty billion dollars approved about one hundred and thirty remains eligible the demand for the paycheck protection program has pretty much dried up in recent weeks the legislation extends the deadline for applying for the program August eighth Ben Thomas Washington

Donald Trump Ben Thomas Washington President Trump GOP
Trump signs extension of COVID-relief fund for businesses

AP News Radio

00:42 sec | Last month

Trump signs extension of COVID-relief fund for businesses

"President trump has signed into law a temporary extension of a subsidy program for small businesses battered by the corona virus lawmakers created the program in March providing direct federal subsidies to businesses for payroll and other costs such as rent they've since modified it twice once to add more money and more recently to provide more flexibility on how the funding can be used that move created some grumbling among GOP conservatives of the six hundred and sixty billion dollars approved about one hundred and thirty remains eligible the demand for the paycheck protection program has pretty much dried up in recent weeks the legislation extends the deadline for applying for the program August eighth Ben Thomas Washington

Donald Trump Ben Thomas Washington President Trump GOP
Trump signs extension of COVID-19 relief fund for businesses

10 10 WINS 24 Hour News

00:20 sec | Last month

Trump signs extension of COVID-19 relief fund for businesses

"Donald Trump signing extension of the Paycheck Paycheck protection program into law this morning. The House unanimously passed the extension less than a day after the programme shuttered PPP now remaining open to application through August 8th. This is good news for the small businesses who will help them keep employees on their payrolls amid nationwide closures. We've

Donald Trump
"relief fund" Discussed on The Hospital Finance Podcast

The Hospital Finance Podcast

05:27 min | Last month

"relief fund" Discussed on The Hospital Finance Podcast

"The changes we made in this rule are designed to streamline and speed up the stark law advisor, opinion process, and in particular to do so. We moved to a user fee structure. Some people might not know much about our stark law advisory opinion process, but HHS will actually issue an advisory opinion on whether particular arrangements would violate stark law if we conclude that an arrangement would not violate the stark law. Then HHS is bound by that determination and cannot impose sanctions on any of the parties to the arrangement. Under our new process HHS will also not impose sanctions on any other arrangement that is indistinguishable in all material, respects from the arrangement analyzed in prior advisory opinion and providers can seeking opinion on whether they're. Arrangement is indistinguishable from a prior arrangement. Does as you just frequently. Issue Advisory Opinions relating to the Stark Law. We don't I would say our stark law advisor opinion process is fairly under utilized right now, not counting the handful of narrow advisory opinions issued in two thousand four on Specialty Hospital. Moratorium CMS has issued only fifteen advisory opinions about twenty years in contrast our office of Inspector General which enforces the anti kickback. Statute has been averaging about fifteen kickback advisory opinions each year. The relative scarcity of Stark Advisory Opinion, factor opinions was one factor I would say motivating reforms to the process. We hope the new process. It's easier to take advantage of and that the healthcare industry will reach out for guidance on Stark Law. If HHS cashew more advisory opinions, it will provide greater regulatory clarity to the industry and reduce the stark. Laws Burton. Brennan. Another priority of the administration has been to reform the administrative state. How is HFS contributing to that effort? You Administration has tried to bring some consistency to how agencies issue binding regulations, one of the most significant initiatives was an executive order issued in October of last year, restricting the use of agency guidance documents before I get to that executive order a little background, the heart of modern administrative law is the requirement that agencies must provide the public with notice and an opportunity to comment before a new rule, imposing new obligations becomes final. This is referred to as notice and comment rulemaking. If agencies want to merely explain existing obligations, they can do so by issuing guidance documents which do not need to go through notice and comment rulemaking. But, too often agencies have worked around the requirements of notice and comment rulemaking by embedding new regulatory obligations and guidance documents. This executive order requires agencies to issue regulations governing their usage guidance. These. Regulations must seek to ensure that guidance does not purport to create new legal obligations for example, all guidance documents are required to clearly state on their face that they lacked the force ineffective law. But even where a guidance document does not include new requirements and merely interprets or summarizes an existing requirement, sometimes that guidance is buried in a sub page of some page of a website, and it's not always easy for regulated parties to find it. So, this order has simple solution. It requires agencies to post all of their guidance on a single searchable website. I didn't spend is not posted is deemed rescinded. Finally. The public must also be given an opportunity to petition any agency to modify or rescind one of its guidance documents. HHS is is working on implementing this executive order, and you should watch for further development soon. I imagine there's been some distraction from this Regulatory Reform Agenda lately as a result of covid nineteen. Let's talk about some of the work. HHS is done recently to oversee distribution of money from the coronavirus provider Relief Fund. This has been a major.

HHS Stark Law executive advisor HFS Specialty Hospital Brennan Burton Relief Fund
Newsom threatens to reverse reopening as coronavirus spreads

San Diego's Morning News with Ted and LaDona

00:50 sec | Last month

Newsom threatens to reverse reopening as coronavirus spreads

"That with the Fourth of July weekend almost upon us, he is urging California's too physically distance and where face coverings and be personally responsible for helping to slow the rise in Corona virus cases, Newsome pointed out covert 19 hospitalizations have risen by 43% of the last two weeks, diffusing the argument of increased testing, leading leading to to the the greater greater number number of of cases. cases. County's County's need need to to do do their their part part and and be be held held accountable. accountable. If If people people are are flaunting flaunting those those rules rules and and regulations regulations are are disregarding disregarding or or throwing throwing out out those those guidelines. guidelines. We We want want to to continue continue to work with our county officials and local officials to help us enforce that motivation through the checkbook. We put aside this 2.5 $1,000,000,000 of state money in this budget, uh, to encourage on inspire more enlightened Health behavior. County's not following health guidelines will forfeit their share of covert 19 relief funds. Incentive

Newsome California
Canadian officials dropped charges against a First Nations chief whose violent arrest sparked protests

Native America Calling

03:48 min | Last month

Canadian officials dropped charges against a First Nations chief whose violent arrest sparked protests

"The National Native News Making Camera. Kim for Antonio Gonzalez tribal governments have joined environmentalists Labor activists sent a lawsuit against new rules that rollback federal, clean water regulations, earthjustice filed the lawsuit on behalf of the possible Yawkey tribe of Arizona bad river band of Lake Superior Chippewa the on Indian nation of Washington State, the Fond Du Lac band of Lake Superior Chippewa of Minnesota. The menominee Indian tribe of Wisconsin and the tonal autumn tribe of Arizona. A C central reports, the suit contends the new federal navigable waters protection role actually weakens expanded protection for streams and wetlands that were put in place by the Obama Administration. The new rule took effect this week. It eliminates intermittent and ephemeral streams from bodies of water, protected under the Clean Water Act. The possible Yawkey tribe is concerned. The rollback will lead to damage of a major water source state officials in Arizona have supported the federal rule change, even though environmentalists warned the state could lose protections for more than ninety percent of its water bodies under the new rule. In Canada charges have been dropped against northern Alberta first nations chief who is the subject of a violent arrest a couple of months ago as Dan Carpenter Chuck reports, the arrest caught by police dash camera led to anti-racism protests across Canada chief Alan Atom of the ATHABASCA one first nation, no longer faces charges for resisting arrest and assaulting a Royal Canadian Mounted Police officer. Adam was the subject of a violent arrest in March. Police Dash Cam video showed him. Him, being tackled and punched in the head, he had been stopped for an expired license plate a statement from the Alberta. Prosecution Service says it had reassessed prosecution standard based on an examination of the available evidence, including the disclosure of relevant material and has withdrawn the charges. The arresting officers are under investigation over the incident chief atom says he's overwhelmed that the charges have been withdrawn having that it's time to move on a sign of relief in regards to. The whole ordeal that. Transpired under early mornings of Mark Steyn. And described that put aside in. Time to move on and continue on. Supposed to be doing. Adam called on Ottawa to address injustices against indigenous people, and said Canadians must open their eyes to the reality is that indigenous people have lived with for decades, the national chief of the Assembly of first nations welcomed the dropping of charges, but said it's clear that racism is embedded within most public institutions, especially the police Adams lawyer also said the decision throws a spotlight on systemic racism that has gone on for too long unchecked in Canada for national late of news I'm Dan Carpenter? In South Dakota the Cheyenne River Sioux. Tribe filed a lawsuit this week. Against the trump administration of what it says were threats to impede COVID, nineteen relief funds, and to take over policing on the reservation. The Grand Forks Herald reports. The tribe set up checkpoints leading into its lands in south. Dakota in April to protect tribal members from the spread of the corona virus. The lawsuit says pressure from Washington DC came after pleas for help from the state's governor and congressional delegation. The tribe is asking the US District Court for the District of Columbia to block the federal government from taking over tribal policing and forcing it to remove its checkpoints. On the Navajo Nation this week president, Jonathan, Nez and Vice President Myron leuser issued a proclamation to fly all flags at half staff to honor Navajo. Police officer Michael Lee who passed away to covid nineteen on June nineteenth Nez said lease saved many lives during his twenty nine years of service, and give his own life to serve and protect the community the funeral for officer. Lee is being held on Thursday June. Twenty fifth in Chandler Arizona. For National, native news I make an camera.

Adam Tribe Washington State Arizona Menominee Indian Tribe Canada Yawkey Officer Lake Superior Chippewa South Dakota Obama Administration Alberta Mark Steyn Wisconsin Michael Lee Chandler Arizona Royal Canadian Mounted Police Minnesota Fond Du Lac
Atlanta reality TV star charged with misusing relief funds

AP News Radio

00:51 sec | Last month

Atlanta reality TV star charged with misusing relief funds

"A reality TV star has been indicted for allegedly misusing coronavirus relief funds intended for small businesses the paycheck protection program was set up to help small businesses as they try to ride out the corona virus pandemic but the feds say a star on love and hip hop Atlanta used the money he got from the fund to pay for things like a rolls Royce and custom jewelry the justice department says Maurice fain who goes by the name Arkansas on the on the VH one series is charged with bank fraud making a false statement to a federally insured financial institution and money laundering authorities say in April he applied for nearly four million dollars in loans saying he would use the money to pay is a hundred and seven workers and take care of expenses fame was arrested last month is now out on bond and officials say he denies misusing the funds I'm Oscar wells Gabriel

Atlanta Maurice Fain Royce Arkansas Oscar Wells Gabriel
Atlanta reality TV star charged with misusing relief funds

AP News Radio

00:51 sec | Last month

Atlanta reality TV star charged with misusing relief funds

"A reality TV star has been indicted for allegedly misusing coronavirus relief funds intended for small businesses the paycheck protection program was set up to help small businesses as they try to ride out the corona virus pandemic but the feds say a star on love and hip hop Atlanta used the money he got from the fund to pay for things like a rolls Royce and custom jewelry the justice department says Maurice fain who goes by the name Arkansas on the on the VH one series is charged with bank fraud making a false statement to a federally insured financial institution and money laundering authorities say in April he applied for nearly four million dollars in loans saying he would use the money to pay is a hundred and seven workers and take care of expenses fame was arrested last month is now out on bond and officials say he denies misusing the funds I'm Oscar wells Gabriel

Atlanta Maurice Fain Royce Arkansas Oscar Wells Gabriel
Hidalgo Calls for Applications for Houston's Harris County COVID-19 Relief Fund

Coast to Coast AM with George Noory

00:30 sec | Last month

Hidalgo Calls for Applications for Houston's Harris County COVID-19 Relief Fund

"The application process beginning today for round two of Harris county's thirty billion dollar covered nineteen really fun judge limited Dogo says to allow income dome all low income residents are encouraged to apply since the beginning of March more than two hundred and seventy seven thousand Harris County residents have filed for unemployment and so we're trying to make a dent in that I don't know says that about twenty thousand households will receive between twelve and fifteen hundred dollars per

Harris County
Houston's Harris County COVID-19 Relief Fund Opens For Applications Tuesday

Sean Hannity

00:30 sec | Last month

Houston's Harris County COVID-19 Relief Fund Opens For Applications Tuesday

"Here's county judge Lena had all go E. is urging low income residents to apply for assistance through the county's thirty million dollar covert relief fund we're not going to pretend like it is enough to take care of all the folks that have been hard hit but we're not powerless to help a large number of people so that twenty thousand households are going to receive assistance between twelve hundred and fifteen hundred dollars per family this is the second round of funding fifteen million has already been doled out application process starts tomorrow

Lena County Judge
"relief fund" Discussed on The Dave Gram Show on WDEV

The Dave Gram Show on WDEV

04:00 min | Last month

"relief fund" Discussed on The Dave Gram Show on WDEV

"Been this real push and this real thought that maybe the coronavirus relief funds. Could. Be used to dramatically improve the broadband network in the state of Vermont. Because now it's necessary. It's more than ever required that people have broadband. And that was where the Lakers were really hoping they could be able to spend about one hundred million dollars. And that just has not been something. They've been able to figure out how to do. They are very concerned that There's restrictions in the coronavirus funding package require them to. essentially. have progress or have the money spent by the end of the year, and that's just not possible, unlike unlike a a free food, giveaway or unemployment, benefit, increases or grants for look for businesses to keep them afloat. You can't just You can't just spend a hundred million dollars broadband initiative and think you. Slap up a network in short order in six months, so they've really dramatically shrunk. What their aspirations on the Endo Yeah and and I mean. Let me go back to square one here though because I think one of the interesting things about in one of the lessons learned perhaps from the coronavirus. Pandemic has been this idea that you know we do have this big digital divide in Vermont and. It's not all economic. Some of its location you in in the cities people think of the digital divide is as being. Obviously you have lower income families who can't afford the you know the monthly bill for a high speed Internet, or or that and and you know and sometimes can't can't really afford the the quick devices the computers, etc.. They'll connect and do so effectively and so on, but The the the biggest you in a rural stay like for Mont really is is. I mean that's one of them. Obviously, the the wealth gap is is present everywhere, but. The the the other big one here is just where where you're located. And if you are you know in a valley behind a mountain or something, you're not gonNA. Get very good cell service and chances are you're not gonNA be getting anything close to the latest connection to the Internet latest and greatest and faster, and so on, and it really makes a difference especially if you are trying to. Do you know a telemedicine appointment from your home with your doctor, be miles away. In and you know in the picture blurry. The doctors trying to see you know what that spot. A new skin really looks like or whatever. So. Are We. Is Anybody talking about arriving at a conclusion that says. This is this. Is it as important as it's just a given it Vermont that school buses travel the dirt roads to every corner of Vermont because we have a legal requirement that Vermont provided education. To every kid, no matter where he or she lives and rural electrification is another. Push. That happened back in really in the mid century. Twenty th century and we now have basically no part of Vermont where you can't get connected somehow to to the electrical grid. Are we ever going to get there? In terms of just regarding, this is a crucial piece of for infrastructure. Well I don't think I can answer that question. I know that the legislature has set a goal that by twenty twenty four high speed Internet by which broadband internet which they define as higher than the federal standard about four times fast. A federal standard federal standard is Twenty five megabits per second download speed and they're. They're actually like to see a hundred You know bits per second download speeds to every address in the state. That's that's available. That's you know fiber strong..

Vermont Lakers Mont really
Petition calls for statues of Dolly Parton to replace Confederate leaders in Tennessee

Tim Conway Jr.

00:37 sec | Last month

Petition calls for statues of Dolly Parton to replace Confederate leaders in Tennessee

"The petition is circulating asking to have statues to Britney spears replace Confederate monuments across Louisiana the petition argues he would honor an actual Louisiana heroes and she's donated to numerous hurricane relief funds and in Tennessee local lawmakers are considering an idea to replace a statue of former KKK leader and Confederate soldier Nathan Bedford Forrest with the statue of singer Dolly Parton the creator of a petition on change dot org says history shouldn't be forgotten but we need not glamorize those who do not deserve our praise instead let us honor a true Tennessee hero Dolly Parton Jennifer Jones Lee

Louisiana Dolly Parton Jennifer Jones Lee Britney Spears Tennessee KKK Nathan Bedford Forrest
"relief fund" Discussed on FinTech Insider

FinTech Insider

01:38 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"Website. You'd like to share with our listeners. Aaron so you can find out about se at SAP DOT COM and by twitter handles arid underscore plex brilliant. Thank you. She finally had buy. Yes you can reach me on twitter at Tripoli underscore G or Lincoln and of course I you can find fluidly at. Www DOT fhu dot com pathak's and machine. How by if you'd like to hear more about flux and receiving digital receipts in your banking APP than go to try flux dot com or if you'd like to me it's machine levine across old social media. Roi Levy Irony and Simon. What about E. S. Y? Taylor on twitter or eleven dot com. If you WANNA know more about what we're up to and there's lots of stuff to we just published our updated eleven of us Dot Com slash work page. Learn about some of the things we're doing with our clients thanked me. You can find me on twitter at Zurich Sqi on on the website that Simon just mentioned you can also find all Homepage so if you WANNA find out all the exciting and interesting content that might team and many others of out on coronavirus. If you haven't yet had you'll still then please do had Beth. Thank you for listening if you like. You've heard subscribe to poke cost and don't forget to leave as review. It helps us to make it better and helps others to find the shy speaking. Of which if you know someone who loves FINTECH ISN'T LISTENING TO FINTECH inside. A police do loan focused. And tell them about the show. If you have any suggestions or feedback on social media to sit for eleven or fintech insider or email us at focus eleven assess dot com. Thank you very much listening goodbye..

"relief fund" Discussed on FinTech Insider

FinTech Insider

13:42 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"I know why they do that. But it's so annoying. Wanted to say eleven and twenty. Six percent Marcus launch the product with. Us airline jet blue out. The partnership has surely been in the works long before the current pandemic feels very questionable. Choice of noon partner But the bank will launch further partnerships at a later date. So I think this is an interesting way for Marcus to have gone I think it makes sense given that it's already got a quite well. Established at lending and credit product. Marcus loans in the US going great guns but we also had a lot about them launching a wealth management tool at a checking account And it feels like this was. I don't know. Is this low hanging fruit for them or is this may be showing a change in direction strategically What do we think about this one? Yeah I'd say I know that was a little criticism of like one. Would you launch with a you know a travel company at this point in time but clearly that that was you know in light over time before Carina however I wouldn't get too often that the play here is something that we know works? We've seen the huge growth of something like Kloner. Pay Pal credit We've seen a big big appetite. Full full buy now pay later. Found six percent of millennials assigned to have had some form of buy now pay later learn in las career I guess the question is more. Is this Is potentially a cave. Goldman mortgage their reputation as a as a fair amount of criticism. Being launched about Pos and the hunting credit schools. Maybe People Unaware of quite implications off down the line if you can't make those payments and given that we all essentially going into recession is it the timing mulches to be in that kind of lending area. I'm not completely sold Yeah it's clearly play which has massive massive appetite interests Yeah I think it's very interesting. I think as we have mentioned there it was hinted out they probably wouldn't have chosen to do this now if they hadn't already done the planning if that makes sense I think maybe I'd like to dig into a bit more one more detail as they say it's for big ticket items so if this is for things like flights or holidays and then maybe fridges or 'cause it is a much more traditional model and perhaps. I think we'll be subject to the less scrutiny than some of the other schemes. You mentioned genetic for example. Kloner and one is not come under. Such fire is because it's It's perceived to be encouraging people to spend money on false fashion. You shouldn't be borrowing money to buy a pair trainers. Maybe you do need to borrow money to buy a new fridge order to pay for holiday. I'm going to be interesting to see who their partners on next. I think I think that feeds into your point about reputation in a who they choose to work with illness. She finally yes I think. That interest rates Literacy point is a very important one so in my last company. I used to work for this. There was a poll that was done within consumers so this was around consumer credit and finances ain't giving credit cards loans etcetera to consumers and we found out that consumers tend to go for cards with a higher interest rate just because dipping bigger is better and that told me blew my mind when I heard that because it's so for me it's like it's obvious that you go for the lower interest rate so so the point is just being that you have to make sure that. There's a lot of literacy around it or if there is because eleven to twenty six percents a decently high interest rate. It's not cheap. And while there's other cards in the market around balanced transfer caught that have zero percent For the first few months And other introductory schemes like that. So yeah it would be interesting to see um how they kind of interesting as well sir. You made the point. That won't do for the Marcus brand. Because there's two types of point of sale lending there's the lending that's kind of cool and young possibly arguably predatory this some debates about that and then this old school point of sale lending which is no percent on your Sofa. I'm not sent on Your Sofa. Interest free credit stuff doesn't feel very attractive but she from a consumer perspective. It's a merchant funded discount. It's another form of discounting. It's it's a way for a business to acquire you as a customer but it was a customer on losing out in fact euro protected by it being a credit product. And you're basically getting a you're just paying for a product in installments with zero percent interest rate and if considered on that route. That could have been interesting. I know there's a lot of businesses a lot of the traditional banks and he touched capsule Barclays and many others do that sort of thing and in fact. I did some research in this space back in two thousand eighteen in suggests that the holidays travel was a big area that had yet to be exploited for that type of sort of point to say lending so this huge demand in on travel this huge on ecommerce and data the point. Is that our lenders. I'm speaking to was saying like the e commerce point of sale space is only just getting started but the need for responsibility and to protect your brandon. It is going to be absolutely critical and I think there's lessons to be learned from some of the negative press. That have come out. But I also think. Point of sale ending can both be done responsibly and done as a platform and what's interesting. Mockus seemed to be positioning themselves as better for platform. Yeah they play well with apple they now play well with jetblue. What does that mean for their ambition to become an actual platform on? What can other incumbents learn from being more of a platform and partner that has a technology platform that thinks like stripe than it does like actually wear a white label fifty called? I think there's something really interesting. I think we'll be. That's the model that unit UC Monzo installing indeed revenue. Using as well. You know Monday doesn't offer. Its own savings account on many of its own. Savings Account in revenue doesn't offer its own insurance products. All of that is done from a platform perspective. So yes absolutely a humorous way. The banking's moving Erin Yeah and I the the point that I was GonNa jump in time in the back of yours is I mean this is another clear move by by golden to to go down the stack right and to be moving down market and I think this is one of many many steps that we're going to see him out of of the Marcus brand Timing seems a little bit unfortunate on this one. We'll have to see in terms of how how quickly they roll it out. But I think it's it's a it's a pretty clear signal that Goldman is is going to continue to invest in in this part of the marquette absolutely is interesting to see it to see what do next bright now onto our and finally story On this one is interesting given penalty A women only new bank is coming to Brazil so The bank is cooled. I'm going to say this role. I suspect alas It's named off the Portuguese word for the The idea is that these subsidies it offers will help shrink. The gender gap in Financial Services Access Apparently will that has generally shrunk worldwide widened in Brazil over the past six years so unfortunately Brazilians begun backwards somewhat. Alaska seeks to meet specific needs which only women no Which is a very mysterious tagline The idea is to promote women in the business world based on financial inclusion particularly in the investment market The service is unburdened uncomplicated and unbureaucratic and it promises to think in detail about the needs of women in different professional categories and create solutions for them so it was actually sort of muted. I in January. It's not released waiting list. But those still no firm launch date. So what do we do? We think of this machine. Goethe's by all means chill so it's Not Too much out there in terms of detail on exactly what this will look like. You say the tagline is slightly mysterious but definitely definitely interesting But what does seem to be cheaper parent is that financial inclusion is the is clearly the aim for for Brazil and their economy Had No idea quite how bad things were. I think Virginia women at the same education level on average twenty percent less than men Some pretty bad stats about any eight percent of senior. Execs Brazil's lodge ten banks women Had any bull positions that kind of thing and I think the with the NIA banks announced dying up so you got things like new bank. Making huge efforts in this space I GUESS TO HAVE REPRESENTATION. In the workforce than to build products that are more inclusive. Fold the rest of the population Brazil. hopefully these things will will start to change I did read fifty seven people in the Baltin income quintile Don't have a bank account in Brazil so again. There's some really big problems and this is what digital banks can change. And hopefully this is a number scenario. Weather will take off. Absolutely I think him you know wherever you have a blockage. Large inequality in society unfortunate feels like gender inequality is even more pronounced than perhaps it is elsewhere. We see so many statistics about women being often the poorest members of society and the months who struggle most to get access to financial services Did anybody else she finally? I think it's an interesting angle. I could see some benefits to it. So for for instance. If they're specializing kind of providing funding to female entrepreneurs maybe so that could be angled it they take as Russians. There isn't very much out there about them. But you know I. Just I the risks contrarian. I just don't know what they're trying to achieve out of this because I it's not gonNA solve the income gap rate situation so a unless there is a female only products. Such as I don't Know Lake offering a single MOMS credit line or something but then again it also at goes to the risk of another like a sexist thank while why would you leave a single out of it for example so. I would love to know like really one direction. They're going to he. Absolutely it's it's so important that these products which are designed to be inclusive to inadvertent end being exclusive. If that makes sense Aaron Yeah I mean. It's hard to to comment because there isn't a whole lot of information available but clearly what's been happening hasn't been working and so let's try something different and that's why. I love the industry that we work in. We can be bold and disruptive and try something and if it doesn't work it doesn't work but clearly we have a huge issue that needs to be solved and so I'm rooting for them. And hopefully they find some creative way to empower and get. Some of the figures that rushing was talking about earlier close. Because IT'S A. It's a pretty pretty sad situation. But yeah time will tell and hopefully they can get them Some great talent to come up with good offerings and takes off. Yeah I mean I think there's a huge opportunity to design products and services that are subtly inclusive. If that makes sense you know. Look the biggest problems. They actually have widened. Women have bank accounts widened women invest and try and target those problems but without making them neon pink and wrapping them in a pretty bow You know sort of Suckley subtly finding their audience assignment that was going to be my point which was wearing a position. Fintech platforms have made it cheaper than ever to build more personalized products and services but that doesn't mean Cliche products and services. All overly hyper personalized. But I do think there's something interesting about if it costs me less than ever to build a Fintech platform to leverage all of these. Api's that are out there. I don't know. Brazil has a burgeoning challenger buying seeing Then that's gotta be allowing people to solve problems in creative ways and let's let's hope they do that. There's a good obstacle from the Gates Foundation that I dug up That was looking at Studied they done which were saying that The impact of female empowerment and female financial inclusion massively outweighs financial inclusion investment. More broadly on a study by the McKenzie Global Institute estimates had fully incorporating women into the economy globally without twelve trillion to GDP by twenty twenty five. But not only that you would see lots of community benefits so it's an out sized investment. I'M BY ANY ECONOMY IT TO INVEST IN WOMEN. Because of the societal impact it has not just children but on wider communities so there's a there's a nuance between the systemic a challenge and the eventual product that gets created but somewhere in the middle of these These abilities in these superpowers that I'm kind of the commoditisation of Fintech Maine's But let's not get lazy with the branding. I think it's a really good point. I think nobody doubts the broader benefits to society as a whole of getting women involved in financial services whether that is getting them accounts in the first place enabling them to spend enabling the bill businesses or making them You know senior Senior board members and put it in the suite on. It's just a case of. How do we get there and commute to? It falls to please well not note. I think that wraps up this week's new show. Thank you so much to all our guests at welcome people find out more about Eugene. Have a twitter handle or.

Brazil Marcus Goldman Kloner partner US Your Sofa Carina Barclays Gates Foundation Fintech Maine twitter Know Lake Virginia Mockus McKenzie Global Institute
"relief fund" Discussed on FinTech Insider

FinTech Insider

01:52 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"This episode of Fintech inside is brought to you by my Tech Systems. A global leader and identity verification technology with eighty million users and trusted by the world's largest banks. My Tech provides to Mars density verification for today's uncertainty see how my techsystems dot com. That's M. I. T. E. K. Mitek switching your morning routine now ruling social distancing well so away in fact we've started to daily breakfast shows to help you kick start your day on both sides of the Atlantic the fintech inside a breakfast show. We chat about the latest news with a series of industry guests. Old Dotting remotely. Of course it goes live on David. Braz linked in every morning at eight thirty. Am Best. Just follow David on linked to get the notification and if you're a US based on the eighth thirty bs just a little bit too early do not worry. We haven't forgotten you. We also have a US option fintech inside a breakfast show. Us hosted by Samuel. We'll go live at ten thirty. Adt on the eleven s linked into grab a coffee and Choon just follow eleven s nick into get the data notification and for both shows. Don't get to agile comment in the threat. We love hearing way or tuning in from. We'll try ONS as many questions as we can only Shea. Okay back to the news now and we're moving on from corona virus and talking about some other things happening in the world so office story for this section. Is that Morgan Stanley leader. Thirty four million dollar round in eighty six thousand four hundred Estrella nearby owned by fiscal the payments. Conglomeration up in Australia poised series around with ninety million in equity capital. It currently has one hundred seventy thousand accounts and expected to hit five hundred thousand accounts within the next year. It's mortgage book currently sits at twenty million dollars and with the new funding. The company intends to two billion dollars in loans by twenty twenty one A..

"relief fund" Discussed on FinTech Insider

FinTech Insider

06:31 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"Look this is a moment wearing conversation. But we really didn't weather lead. I think it was a great headline. Wasn't it for all the media that had it very very much clicked Baksi and I think that's not necessarily always the case there was a little nuance behind it. I think on veto actually quite a lot about the idea that in the UK the NHS ask volunteers to help out with kind of non spending on medical tasks. If you like seventy five thousand people signed up but they couldn't vet anybody to say that it was appropriate for them to volunteer in those roles and hospitals And that stopped the applications and of That's something we actually really could help with quite quickly and quite easily Simon. Do you want to jump in? Yes from the headline quietly on. Fatal raised one hundred million and on feeders kind of become one of the default. Kyc SOLUTIONS FOR FINTECH CHALLENGES. But also incumbents and actually. I think there's something to take away here. Which is if you're about to look at your on boarding procedures and you very quickly have to bold loss of customers and they have competitive as identity. Mind and there's all ten takes in those out there as well but they organizations like this a bracing significantly and be you're kind of doing end to end digital info at least KYC and a lot of the risks stuff that comes without as well Is is really really powerful. And there's never been a more important time to have that truly digital and to process and this is an organization that is quite sensitive to privacy and is quite insensitive to to how you actively managed on data and if that does allow us to open up the economy than great because there's a whole other conversation about Contact tracing countries have done contact. Tracing have been much better Preventing the spread and reopening their economies foster. But it's such a big compensation that not one tech play is going to be involved in a and I think that's going to be a really really important thing so you know if that doing well. Great we've seen zoom showed price do really well There are times wet. Digital can really make a difference and hopefully it does Aaron. Did you want to add to that? And this probably stating the obvious but getting people back in is going to be so much harder. Right and we're we've got four hundred and fifty people across the business and we mobilized working from home in less than forty eight hours full full bank fx task end known. Touch what. It was very seamless but already starting the planning of when and how we can get back in in a way that is keeping our employees wellbeing safety and our clients best interests run of mind is is such a complex proposition and so companies like on. Fito and others. It's GONNA WE'RE GONNA have to rely on digital innovation to be able to do that in a graceful way and I mean it was such an impressive team in session impressive business. That is wonderful to see a a London. Uk business being considered for such a huge US. Government led program whether comes out manifest itself exactly as we we've discussed. We'll see but that didn't really happen. Five six seven years ago so It's I think from outside Russia as you said it's a real good news story. It's a huge vote of confidence from Fida. Which as I said has already grabbing Exponentially in the US so you know that that's great needs shofar. Did you want to add something? Yeah I was GONNA say generally governments would usually look internally to find a solution and to the fact that they actually when across the ocean to look at a UK company. And you know we all know that the US has a graveyard for you keep in texts so the fact that actually emerged victorious as a bad story but on the point immunity passports very quickly. I think there's actually a load of stuff that needs to kind of get aligned before we even get to that stage where on feeder would be able to be effective. So you know. Obviously there's a medical scientific better. She mentioned around whether this immunity test him in walks. How accurate would they be with? We have a lot of false positives but also then this operational bit right where okay. Now you have to create these tests you have to distribute them. You have to make sure that the test come out with the right result and there's no like a fraudulent people looking at taking that results and then after that is where on federal would come into the picture so while this may not be like the perfect solution for immunity sports this still definitely various other use cases that they would be useful. I think I think actually to me. That's almost the biggest story here. And we've kind of touched on. It is the Immunity possible everybody's a little bit skeptical about but the idea of UK based Fintech. That's being raised as much money. Being accepted widely geographically being considered for large contracts and for technology that those of us in the industry will completely fail within wants to see everywhere but other the industries to start. Adopting it looking at it. You know trying to trying to use it not willingly obviously increase exponentially so you know if healthcare providers start using digital idea me if if government start using digital day than you know people will feel more comfortable doing things that financial services and hopefully we'll see much widespread adoption of it and that can only be good. Simon did you have a final point. He wants to make that. I was just GonNa make exactly that point if I'm an incumbent bank right now and I happen to have a small challenger Flanker brand that had used something like an own fito. I'd be thinking very seriously about how I felt that enroll that out because the there are a number I am I'm thinking about. Hsbc kinetic metal by not west bow by Albie S. I'm thinking about All of those The Flynn cab runs. The the Dutch biting have several that do into digital folding. How can you take those and put them into your existing service? Census Dot Becomes Rayleigh key question not tree. These organizations like I'm fading fast to the others can do a lot of that stuff and they feel buckling right now under the co volume actually whereas thinking space full they send. I think it's very very hard for executives inside the incumbents right now to build the thinking space but actually this could be the ultimate stitch in time to really think about how you know. There's never been a more important time to to think about these tax on. It's not just a as a vitamin but she has a policy to Mola Salsa underlying problem. Great well then let me back very shortly but let's.

UK US Simon NHS Fito London Hsbc Fida Aaron Russia Albie S.
"relief fund" Discussed on FinTech Insider

FinTech Insider

11:49 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"So banks still gotta look after their own capsule as I think Aaron pointed to and and and Sarah you mentioned as well and actually the whole economy could be a house of cards at the moment with the banks having contagion again. Post two thousand and eight we. We ensure that the banks are better capitalized but some of the stress tests that the banks have been put under even in the most extreme scenarios probably didn't expect to near fifty percent drop in the markets on the twenty million employment in the US and an economic shutdown. I mean that is unprecedented. It's like a great depression in a month it's massive so like I'm not surprised by being somewhat conservative but also in the hottest time. Sometimes you have to get more creative rather than just reacting with fire so what are the. What are the things that we can do was the opportunities and hopefully we can all learn from all the Fintech? Do that succeeds. I'm but also learned from sometimes what not to do because they're not innovation will have some failures and we need. We need the British Business Bank to to Be Able to stop that and we need. I think some clarity for London's on how they're going to be interesting to watch on speaking of Fintech stitcher beating stimulus funds. We're now going to take the situation in the US. So the paypal and square have been authorized to issue corona virus relief in the US The FINTECH companies actually being week to be able to participate in the. Us government's emergency lending program for small businesses The Small Business Association gave Paypal And Square the. Go ahead to participate in. What's called the paycheck protection program? Don't say that too quickly As a result they can each distribution age to small businesses that keep employees on the payroll the two months however as old recording this episode literally an hour ago there was no money left to be lent so the original three hundred and fifty billion the. Us put aside had all gone Politicians ON AL clashing over how to top up the fund And in the meantime no new applications to participate in the program or indeed receive funds up being taken. So my first take on. This is that was never enough money and capping it at that. Limit makes it so on fat because it's first-come-first-served not only is it first come first served in terms of the businesses that get their act together and get applications in but also it's potlucking with your bank is able to process your application because the banks in the US hasn't necessarily been any quicker than the banks in the UK at getting through those applications and making decisions so great that these new lenders can now participate. But if there's no money to lend it's a bit of a moot point he wants to go first on this one. Erin did you want sure. Yeah I mean you know. The between P P P and C bills and C. L. BILL. This has been You know we've been living and breathing it. And I. I guess the first comment I would make is. I am personally hopeful that they will be more substantially more money to come right. I mean the backlog of of companies that have applied across the states and are still applying and also the US subsidiaries of European companies are also queuing at the door as well so there will be more money and so I think it's fantastic that the SBA is opened up an accredited different financial institutions different lenders different parties. Because it's there's gotta be more. I mean the unemployment levels in the. Us are just astonishing and And companies and people are really really really suffering so more money will come. That's my bet. At least she finally did you to add to that. Yeah Alison just saying that The amount of money the three hundred fifty billion teams quite low for the Amis is in the US. I think there's like twenty five thirty million there and you compare that to the five and a half million meet than the UK. It's kind of comparable funds sizes. So yeah I think they'll definitely be some work to be done there to increase that pot. I mean I was astounded. Houseman what it was to start with. I have to say like it only took some basic mass to what that out. So did you want to add to that. Yes so this some silver linings here. I think that the amount of fintech lenders that got by purchase is up and running quickly. The fact that the government had the small business administration had a platform called e tron. That was up and down but they managed to get the thing running. There are probably some stories and books to be written about amounts of pressure dot organization has been under and the other thing that sticks out is just how many community biking's have been really effective in this time A major difference to the U. K. Were community banks. Don't play nearly the same role. Do I'm really really good tweet. I soul on twitter on the compares of something from Microsoft Enough Tech which has community buying spice state With some data from I think it's The Census Bureau and Small Business Administration on what it does eight was a Tim Hansen. Who who posted this? And he found that States wave more community banks had lent mole to small businesses and so no surprise. Diversity of lenders equals a higher amounts disposed pub business in that state now that disappoint to will retain saying earlier and to I think to some of Iran's points as well which is getting Melendez to diversifying your market rather than having concentrated market can really make a difference. Here and disposing knows funds quickly But also there a broader point about that needs to be a lot of funds in the first place to dispose. I don't think we're seeing the end of this long show. I mean it's really interesting as well just a little bit of context or more detail into into its model For what it was going to do it was going to distribute the funds through its quickbooks capital product. So this is something that we have seen from other Fintech Lennon's I have to say but it tells people in advance this is. How much funding you egil to receive. So it kind of gives you that preapproved Amount and then you click accept or not accept. You know whatever whatever you WanNa do about it So I think that. That's that's mogul that we've started to see some in the UK from both Internet. That balkanise does not sit extent. So I think that's that's really interesting and it feels like that's the model that could be utilized outside of this situation as well. Aaron did you want to add something that yeah absolutely. I mean I think that a lot of what we've seen is just sheer confusion. A bit of panic around access to these schemes. Am I an out? What do I need to provide and so I think it's a a really exciting role out from into it because not only are the company's confused but frankly the banks are confused as well and they're trying to figure out. How do I document and approve this? In a way that I'm not going to be stuck without a guarantee and that like it or not is I think would stagnating Some of the some of the banks from or lenders from removing. I guess the one thing and sorry to take a step back on the bills that I feel like I have to to raise it when we're talking about. Pcp NC bills is these are programs that are hugely important but there are also leaving out a good portion of of the ecosystem and and we. This is very myopic comment from Silicon Valley Bank. But we own here working with innovation businesses and a lot of these innovation. Businesses are fast-growth loss-making And they're being excluded from some of these plan because of that reason and so We we are. We're working hard and I know a lot of you guys are working hard to figure out. Or what else can we do to step into the void because a lot of these companies are phenomenon? They're getting left behind. I think that's a very good point and I think it's also pointing out. I mentioned this elsewhere but also loans on the solution forever booty. There are other programs in place. But you know is taking on more debt at this point in the most appropriate thing for your particular small-business although the schemes that you you could. Bill should be making use open. I think that goes back to that point about confusion. You know. There's so much noise we made about see bills. But maybe that's not the most appropriate thing for your business you'll circumstances I think it's interesting as well. As far as I understand it that the P P P Lens will be written off if they use it in the first two months for a set set set of of a payroll etc etc as far into it. That's not the case in the U. K. C. O. Just taking on debt. You'll have to pay back at a later. Date she finally did. You have a phone a point on that. I actually just wanted to mention about the capital quickbooks capital product. So it's very interesting to see how I guess. Been text operate When you think of so they have for their own customers. The process is actually quite seamless. But for people who are not part of their online payroll customer There's actually a massive list of that people need to fill out and so that's where the bureaucracy starts creeping in so things like you know all your articles of incorporation the IRS forms payroll summaries twelve months tough loss statements under the bunch of other stuff like publicis pretty long and so. It's very interesting to see that if you're actually part of if you're a member of this. Fintech than you're you're good to go but if not then again it's difficult. Yeah no no. That's totally fair. I hadn't appreciate it. That said that's that's really interesting. Alright so I'm GONNA move onto a next story. We're staying sort of in the. Us is an interesting one so this is the US. Government is in talks with on fito about immunity passports so experts such as good a butcher. This so apologize. Dr Anthony Fauci have floated the idea of allowing former corona virus patients to return to work. They'd be accredited with so-called immunity possible to prove their status reportedly the US government has discussed the idea with london-based cybersecurity started on feeder which is discussed the idea with several European governments. Don't commit show that the possible would be used documents. Show that the possible would use test results tied to use his identities and could be implemented with the help of a dozen partners separately on Saturday was announced. One hundred million dollar raise this week. Plans to use the cash to mostly at will most cash to bolster its. Us presence That was radiologists. Enforce growing market. The rounded actually been in the planning since January but that's when the fire virus first emerged in China so this is a couple of different elements to this. One is this idea of The immunity possible on how technology can help with that also question whether immunity possible. It's a thing we actually want to be talking about this stage and stated there is to prove that once you've had it you are actually immune no longer spreading it kind of thing. I mean the thing is that you know actually is this at this particular period of crisis many actually boom time for some start ups that have to energy all of a sudden every body wants. It must've guy I on that one jump in. Yeah I mean I think it's a good news story. But someone's masturbation one hundred million series day right now because there's also horror stories out there term. He's being pulled as you mentioned anything kind of related security in remote working is is getting load of interest so good foam feed I As someone who thinks they may have had thrown Absolutely sure this. I kind of liked the story because I love the idea that you know. Then it's like freedom again but of course there is so many implications to think about A lot of this around civil liberties to actually have this. Eight around there What does this mean basically going forward? Is that privacy concerns It's a really really big question Think it probably is the easiest solution as it sounds at first and the headline I think even on feeder has been quite careful to say..

US UK Aaron SBA London US government Fintech Lennon British Business Bank Small Business Association Sarah Erin Dr Anthony Fauci twitter Houseman IRS NC egil Silicon Valley Bank China
"relief fund" Discussed on FinTech Insider

FinTech Insider

10:40 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"Okay so it sounds like good news. You know more more providers in the mix and I much and one would hope that these new providers of Komo particularly starting bank in Oak North might be able to overcome some of the hurdles of so far sort of the larger banks are foreign out. Show we say namely being able to handle a large volume of applications. And also you know being able to take those applications entirely digitally Because again some of the larger banks have Rudy Rudy. Struggled Just for context. Apparently there have been three hundred thousand informal inquiries help from estimates But as of Wednesday is his last week for those listening to this Monday One point one billion pounds of lent via six thousand twenty lanes so that's about twenty one percent of the people who had formerly applied businesses that formula applied So things all getting through but There's this still quite a lot of people out. Banks usually waiting to hear whether they've been accepted or rejected. Par Rejection rate is about nine percent. will wait to see if that if that goes up down as we get more data but Anybody have an initial thoughts on this one rushing? Yeah it's it's it gets stung when you've got three hundred billion waiting to be deployed So far and he managed to get sort of just a billion out the door it probably needs to be up so I think there's been some some fact. Comparisons join with other countries Germany last week I think could manage access around. Seven billion uptick is probably high now. I think Australians twit student scientists being much quicker out the tracks Getting loans out within twenty four hours so I think that the view is that we're still sluggish and traditional banks. Banks are struggling at the moment. No one is trying to deliberately slow in prices down but of course just the shit urgency unto so many volumes in cars coming through want cry multo nexen those prices will never quite slick anyway so I think if you look at the at shoe against the situation we have in front of us. There is kind of concerns. Righty from government. The what happens to these repaid but the same point what happens if these loans don't get out to the SME's Officials estimate said potentially be a problem for matic's face in about a month's time where they may will shut down. And is that four million jobs lost it says future tax revenues steak and you're salaried employees than the the jobs anymore. Does that does that. You Balancing Act of like making. His money comes back repayments versus the long term effects. The economy is that really really tricky bounce to to have sun in. Did you have something to add to that? Yeah I think a lot of interesting things going on behind the scenes here as we know the the banks having work with the British Business Bank In order to draw down on these funds and an issue the loans stalling talk about having an oath north. I think there was a there was a couple of others as well. That you mentioned Synergy Bank Cooperative Bank have now become lenders through the Corona Virus Business Interruption. Loan program thing is that's really Ream reusing facility. That was never intended to be used for this purpose on the great saying that. Richard Kirk said on butch and inside a last week which is You go to war with what you have what you need and we happen to have something full putting lending out to small businesses. That really isn't fit folds this type of purpose. I'm but we've tried to use it and we tried to quickly do something on the scale of the market. Demand is many times higher than what they're able to get through that pipe but at least something's getting out and you know good on the British business. Buying coup have never signed up lenders as quickly as this before But we're in a time. Not only do we have to do lots of things that have never happened this quickly before. We need to them a lot faster. I'm sort of that. Search for other countries can do it. Why can't the U K? And what lessons can we learn? Becomes AN INTERESTING QUESTION. I think for this group to play with Shefali so I think actually it's absolutely a step in the right direction. I think what fantastic bring to the mix is some really good tech enabled processes and Speed of turnaround times so for example TECH ENABLED UNDERWRITING. P- refilled questionnaires. Integration with banking and accountancy data systems and they're usually digital to quite easy to complete and until positioning is usually pretty automated as well within hours if not days as opposed to weeks that it could take four and then finally in terms of disposing balloons themselves. I think starling I think on did mentioned something around how you can open a get loans in to your bank account within hours so I think that speed and turn around and just getting more people just helping with this like all hands on deck type situation. I think that's like a really really positive steps in the right direction. Erin I was just going to build on to that point and for me. It really can't be an either or type situation right in a lot of the high street banks they've got the balance sheets to deploy and they're are slow in sometimes clunky But we're gaining momentum I think on the on the intact and challenger Bankside the the the speed of distribution is hugely exciting And as more of these either challenger banks and or fintech sketch at get accredited hopefully for the British Business Bank and I think Simon your is a good point They definitely weren't prepared for this and so got a lot of sympathy for our friends at British. This is bank working night and day trying to get these lenders accredited but the interesting bit will be as some of the techs are pushing volume. It's going to be about their capital liquidity as well and so. How are we thinking about this? Not just in the short term. Which is really critical. But we're GONNA see this playthrough pretty rapidly because the demand is for sure there from these estimates to get access to liquidity. So that's why I think we've gotta find a way to unclog both parts of the ecosystem to support these. Assamese so I think that was. The question I was going to ask was going to be along the lines of With when when you? It's great that they can do it. There's no doubt that they will be able to do things foster in terms of processing applications and getting approved funds for those approved two accounts. But do we think we're GONNA see a difference in approval rates from the from the new banks as traditional banks. I mean we haven't seen much yet in terms of like the different approval ratings. We haven't seen which banks We did see quite early. On some of the banks were playing by the the letter of the rule. Not The intent so Small businesses to sign up in a personal property to guarantee loans and looking at kind of Interest rates and. I think a lot of that's been been pulled back now. But I'm interested to know about approval ratings on this because Most credit risks because most credit models are no longer fits the purpose. You know the credit models. They've been using the underwriting risks that they have been there's models that they've spent very long times calculating no longer work guy. He's because you know you know when that when that this is we'll get back on its feet whatever so yes I just wonder. Do we think we'll see differences in approval ratings between the two I am fairly confident that we will see banks being quite cautious about approval. Privilege hateful. Stop because they've also got on their own capital concerned about their own liquidity here But Yeah I just think that that that interesting kind of a dichotomy between Yeah I would absolutely agree and I think they also have their own balance sheet and credit portfolios right so depending on whether you're a big bank or an existing lender your existing book is going to dictate your approval Your approval appetite for for new business as well I think that's GONNA play a large part in And how we see credit appetite come through the system but you're right a lot of these models the closest thing that we can compare it to you recently as two thousand two thousand eight probably but this is a whole different ballgame and so I think I think we're going to struggle and I guess where I get a little bit nervous in some of these alternative lenders that are reliant upon additional external capital. A big part of the diligence is the credit modeling and the default rates. And how this is GonNa come kind of play through. So I'm hopeful that existing investors will continue to funnel capital into these businesses but I guess time will tell but yeah I mean really interesting machine did you want to to that Yeah I think we can potentially see more funds the door if If we kind of have Molefe. These lenders actually approve. So we have at the moment The range of a bank lenders in some more traditional lenders I think there are many cools to add to that mix. So if you have if you look at current stance about one six I think of lending is actually alternative lending market estimates. So that means it's not banks and naturally the pictures if I know this more than anyone because in two thousand fifteen they set up the bank referral scheme which required major banks high street banks to give businesses. They refused alone to a referral to a government designated platform. One of those is funding options. I think some cute was on the show not too long ago and they then saw is to these tentative lenders. The likes of IOWA CUT MARKET FINANCE FUNDING CIRCLE LIBERALS PLACES which can look at Smu a different way to maybe a bank can and they can get funds out the door and they can do that very quickly. You know I walk. I can probably prove loan in maybe under fifty minutes at times. Ffa compliant and. I think it is kind of all hands the deck needed right. Now if we also get the It will need a variety of lenders and I think right now. The the view is this isn't a diverse range enough. Let these lenders playing the space and let them start get pre-approved I think by the time this podcast does come out on Monday. I think at least probably longer than it is right now. We'll see some familiar names in the Fintech community going onto that could be. It could be simago tentative lenders But yeah hopefully that will make a big impact so the idea being that you know. If you spread the risk you'll get more money out there Simon any final thoughts on that one. Yes I think. It's also a hard time to be a big bang. Our any other lender right now because whilst the British Business Bank does guarantee eighty percent of the loans terms and wearing unprecedented uncharted territory..

British Business Bank Synergy Bank Cooperative Bank Simon Germany Rudy Rudy Komo Oak North P Fintech matic Richard Kirk Shefali Erin IOWA Ffa Smu
"relief fund" Discussed on FinTech Insider

FinTech Insider

01:55 min | 3 months ago

"relief fund" Discussed on FinTech Insider

"To episode four one. Nine of Fintech INCISA. I'm Sarah Jansky and today I'm joined by my colleague and co-host Simon Taylor. How are you doing today? Simon really well. All Things considered Sarah lots to be getting on with. Feels like where how about yourself? I I am well I am. Well the we discussed that the craziness might be set again. A little bit but you know It's nearly the weekend again. So thank goodness for two four day. Weeks can say so. We are still practicing our social distancing I'm we're old remotely dialed in. But as ways we are joined by some wholesome guests making nothing tech inside and use debuts we have Aaron class have EMEA and president of UK branch at Silicon Valley Bank. How are you today on? I'm very well thank you. Thanks for having me. I UNI UK based in the states based in the UK. You have been here for almost thirteen years now. Time flies. But I haven't lost the accent. I think you'd never do actually from the people I've met. I think it kind of it kind of gets ingrained At making welcome return visits we have she finally Gupta. Vp Strategy. And fluidly. How are you today she farley very good thanks? How are you as I said? It's a little crazy but you know it's it's to be expected and last but by no means least we have brushing levine head of banks. Outflux how are you today racine? I'm doing rewound. Join Dan move on. I four brilliant. That's it okay. Well welcome to the show. Everybody thank you for joining us. Let's get started so as we cannot avoid talking about a current a virus again to start with the biggest related stories of the week dig deep into them and then get those out of the way and move on to other news industry that isn't directly related to the pandemic so let's start with the fact that stalling bank and Oak North have joined the Corona Virus Loan Program said the British Business Bank accredited the Lenders under the Corona Virus..

Simon Taylor Sarah Jansky UK Fintech INCISA Gupta Silicon Valley Bank British Business Bank Vp Oak North levine EMEA racine Aaron Dan president farley
"relief fund" Discussed on The Passing Shot Tennis Podcast

The Passing Shot Tennis Podcast

12:27 min | 3 months ago

"relief fund" Discussed on The Passing Shot Tennis Podcast

"We're going to be taking you through some of our favorite moments from Monte Carlo. On what would have been finals day at the Monte Carlo Country Club elsewhere will bring you some of the big talking points. Coming from Andy. Murray and Novak Djokovic instagram session. This was an update from the tennis. Well this week including the postponement of the Labor Cup but Kim first. Let's start with Murray Novak Chat Friday evening had a long week at work and it was a very pleasant and nice way to kind of start the weekend. It was a conversation. I think that they had admitted they had no actually. Despite having these rivalry kind of gone for so long they never actually sat down. Had a chat with each other. So it's really pleasant kind of have that moment almost kind of be able to share it with the yeah. It was nice. Isn't it just them is kind of mates. I suppose just having a chat and that means Joe. They were clearly listening to fashion episode causing show that we did last week because the conversation turned at what point stand. Mann's excellent shorts that he won railing. Garo swift say clearly. They had tennis fashionable Nemo. And like we had I thought was funny because Jovic said if SAM was watching he should burn they shorts And I think she was watching because he did like At one point in the essay they show it during the right and guarantees e Mont. They say he called exactly. Yeah but maybe he's got a spare pair at home. I did love the fact that other tennis players joined didn't as well as kind of your general fans as well and it was kind of great to see some of those responses for some of the topics of up light stands short. I think curiosities Sleeve Kobe. Bryant tattoos was brought up as well say it was great to see you the kind of everyone kind of getting together and having a little bit lobe. Ever sit down because as you said. It's like you know these guys that you know. Generally speaking when we see them together is a head to head. It's a competitive environment and it's nice to have made like this. Where is a level playing field and just kind of talking as mates and I think some of the I think one of the big talker boys are one of the things they were discussing? Was that perfect. Tennis player. Agai through different sort of aspects of a tennis player. And saying who who they would like I found the most interesting thing was what they were talking about. Back cads returns of Sunday said they would prefer each other's each of his back. How does over time himself? Which I thought was quite interesting. Well I am being humble respect. Fourteen each other or was that the rule. They just couldn't take themselves so therefore oversee he would pick the the the wouldn't because they generally speaking I would say they are the best return for example. I was surprised. Jovic didn't pick rough maybe physical as well as mental. I thought maybe he was trying to like spread his His pigs around today. I'm I'm not sure but Pretty much agreed with all of their old of that picks picks along the line. But Yeah I mean. It's nice as well just to see them like eating because these guys. Yeah we we see them competing against each other. The end of the day the players get on say well the friends of each other and they must be missing that kind of camaraderie of being on the tour as well right now so. It's nice to do something like this isn't it and the fans can join in and and get as well exactly. Maybe maybe we'll do a future episode on talking about how we would build and structure our perfect tennis players. But that's just kind of give a listeners. Feeding catch it the the run through of what they they fought was that kind of perfect tone. Spy Say Novak Djokovic serve was either it was kind of between John is ner nick carry US return. Murray four hundred went for the Dow poetry full hand with a backhand Murray Volley Federal Man Tuna Dow and then physical yet domain Tame Strike David Farrar. An- Andy Murray Chose for his. I mean no surprises. He kind of went for seven. Apothecary else is now return. Novak Djokovic forehand rough on the Dow back can Djokovic Volley Federal Mental Nadeau Physical Jakovich. Maybe we should do. Yeah maybe we'll do an episode construct. All perfect I thought the one thing just looking at one other things maybe interests me is the Jakovich for his forehand shows. Really flat four hundred we've portray whereas Murray of C. Wet for the Dow's complete off the the massive credit four top speed and You know high. The showed is thought to be interesting. They chose different different approaches for different shots. I'm really surprised that she didn't pick carriers for you. Know his mental attitude. I mean a car. No match and why. They wouldn't have picked him for that. But maybe maybe they went for his his underarms. Maybe referencing that but yeah anyway in Albany Joe as slightly more serious thing is pays ad. It's come out but there are plans to play a relief fund fula ranked class. You're going to struggling a lot financially. current current time so jovic revealed on Friday that the plans for that player. Relief Fund would generate moving full million dollars. But the way they're going to do it will that outlining how they would do it. Is that everyone in the top hundred singles twenty doubles which country based on their ranking? Say for example those players in the top five would donate thirty thousand dollars each and then kind of below down the rankings. You go the less you would need donate into the prize ports. Not Too sure I mean I think is a great idea passing. They obviously is a lot of talk saying players shouldn't have to be helping out all the players like it's about. Atp tool they should be doing this. It shouldn't be a problem the players themselves to have to do this. But I think it's really nice initiative and I think the top players do have some responsibility to initiate something like this. Yeah I think it's it's an interesting one. I think it's a good place to saw. Obviously it's the intent. Is that to kind of help in that. Coastal of collective spirit. That kind of we're all in this. You know the the top players of their own initiatives kind of going on as well And Yeah it's very interesting. I feel like this is going to be a big is going to be a big talking point. It could open up a lot of. It is a kind of worms. I think a lot of people are going to have their own opinions and already kind of those opinions A different is like how great it should be on a sliding scale of of ranking or should it be something it should be something else. Is it Fatou on ranking? I think is one of the biggest kind of conversations and I think kind of doing something like this kind of highlights. The you know that wetness. The players ranked lower down need financial support. But you know. Is there an argument to say? Well you know how we got into a situation where we've needed a global you know global pathetic figures passive as the corona virus to to make to make something like this happen. Yeah I agree because eat at this. I mean how long term will make everyone take a more serious look at the pay structure with antennas? I know it's been on the agenda for a couple of years but hopefully this'll be kind of like the final push to actually make it much equitable. I mean the issue with this sliding scale was the the amount that they're sort of saying should be pushing Like ranking its way is to disproportionate. Say someone who's to one hundred in the world is actually going to be doing much. Larger percentage of their income than say joke rich in federal at the top of the game so therefore maybe it should be done. Just how much you could actually afford to give Or if you're going to do ranking perhaps what would be fair is to do on like ranking. That would be from the last couple of years. Like an equalized average ranking because a lot of players like for example Dan Evans. He's just going into the top thirty. He's just go back. He's not going to have an awful lot of money from top tournaments that he would be like Able to access at that ranking like. It's all very new to him. So as conversely other place he would be in the top one hundred and then maybe a much lower at the moment because of injury but yet they would have a much more financial capacity to give a bit more or to treat this. Obviously no system is perfect. It's like a new idea. They're going to have to. I guess. Run three these issues but the inspire. The idea is very nice but I think perhaps they just need to kind of streamline and make kind of sense of some of these inconsistencies are going on. Yeah I think as you said I think conversely people like Jack Circle people who've gone on the rankings. He had to get have had. That had that moment and made a lot of money. Jacksonville finals power. Small says etcetera. It doesn't feel like he would benefit that much. For this sort of your relief fund this kind of Aimed at plays. We'll have similar rankings. Maybe around him. I think it's kind of like this. Does this effort from the players but I think also needs to be from the tournaments as well And it will be interesting to see you know. I told him it's like you know Wimbledon for example whether the prize money whether they still kind of look to distribute that to players on notice spin some sort of chatter and some talk about you know first round prize money being distributed to make sure the players. Because I think if you if you don't support these players farther down we might get into a situation where they might be more vulnerable than ever say of them. Kinda going down roots of match fixing and betting which we know that kind of tennis has a history wave when you know we will not repeat itself but this might be. This feels like a moment. Where if we don't do something? It might lead players to yet. It's kind of desperate desperate. Meshes Yeah and how many are going to be able to stop again? When when they're allowed to you know there's a lot of investments and expenditure that go into just traveling the tool so some players might just find that they they just cannot afford to stop again. Say Yeah I mean I think they're all various other schemes. Think the WGN for someone has a loan scheme going on but in reality I think the criteria for as she being able to get financial help. You know isn't kind of what they say. If that makes sense it's you have to meet certain criteria and it's audit and I think this is. This is a step in the right direction. So that's a positive thing. We'll read bit as much positive news this weekend right now. I suppose one other thing Joe. That's been announced this week In relation to make arenavirus is the Labor Cup has been postponed to twenty twenty one so not a big surprise is just the latest in series of events. Go oversee this is an exhibition. So it's certainly not as Important as for example the slams and it was going to coincide with the newly scheduled French shape and so I guess it's just for the best now that Labor has decided to kind of delay For Year yes. That's still a pall of became a just. I think there's going to be any bladders played this season. But let's say Fidel there is a as as you said. I think he is completely a completely makes sense. The you know the priority is given to Grand Slams.

tennis Murray Novak Novak Djokovic Andy Murray Jovic Joe Labor Cup Relief Fund Dow Djokovic Volley Federal Mental Monte Carlo Country Club Monte Carlo WGN Kim Garo swift Mann Bryant Dan Evans Grand Slams Fidel
"relief fund" Discussed on Masters of Scale with Reid Hoffman

Masters of Scale with Reid Hoffman

02:55 min | 4 months ago

"relief fund" Discussed on Masters of Scale with Reid Hoffman

"Able to figure out how to fulfill these loans so in terms of the panic of being first in line. Because the money's going to run out. I think that there is not a lot of truth to that. I do think you want to be very deliberate. About what loans? You are applying floor. Why you are going to be applying for those loans. What you're going to use the money for and be well planned out and once your plan is together activate it. There's a reason a weight but so I got my SBA loan in last weekend with no response and the SBA loan is a four percent loan. I believe it's about a thirty year loan. And they ask for your losses your projected losses in revenue over the next twelve months and you are losses in your Iran. Enter any your other expenses. So that's the loan that we apply for. I did get an email two nights ago. That said thanks. For applying for the loan go and reapply and there may be a ten K. Fast track money you can get. I am definitely waiting to reapply for the SBA piece of it. Because it just didn't seem it didn't seem right to me take us through what the differences between an SBA loan and a paycheck protection program and whether everyone should be doing both or how do you decide between them. Okay everybody should be doing the paycheck protection program. Everybody should be doing this first period. Full Stop here's who can apply for it. Which is everybody. You HAVE TO BE BUSINESS A NONPROFIT. You can be a veterans organization a tribal business. You can be a sole proprietor. You can be an independent contractor or a self employed individual. They've covered all of their bases. The purpose of the bill is to save. Jobs is to stem unemployment. So when you think about the purpose of the bill they're being very inclusive in who can apply for aid so everybody should be applying for this. Here are some of the stipulations. You have to have been in operation as of February fifteenth. Twenty twenty which is a minute ago. Okay so February. Fifteen twenty twenty. You have to be a registered entity with the government so paying taxes. So whether you're a self employed person or whether you're an independent contractor you have to pay taxes this can't be like I've been working under the table for cash and the government has no idea who I am. Because you won't get approved making sense afar yup great so even. If I'm a freelance bartender or something like that I could apply for.

SBA self employed Twenty twenty Iran
"relief fund" Discussed on Masters of Scale with Reid Hoffman

Masters of Scale with Reid Hoffman

12:41 min | 4 months ago

"relief fund" Discussed on Masters of Scale with Reid Hoffman

"We're on the same boat. We all want to retain our employees and grow our business. This couldn't have happened at a worse time. This is just awful for everyone. A lot of entrepreneurs both men and women are really grieving. They're grieving for their plans. That are lost. Both personally and professionally. The bill is three months and almost four hundred million dollars in capital to be deployed. This is unprecedented. It's definitely the largest stimulus bill for main street in the history of the United States. That's a fact all of the entrepreneurs that are coming on iphone women and they are raising cash. I watched the transactions happen by the second and people are being super generous. That's what gives me life. Hey listeners it's read. We're continuing our special coverage today with an episode all about relief funding and crowdfunding in a crisis. We rushed to bring you this episode on Saturday because we know how urgent this is for so many of you were joined by Karen Khan founder and CEO of I fund women. It's her second time on the show and she's going to walk through the stimulus package in the US who qualifies when you have to apply and went alone is a good idea. Karen will also make the case. That right now is a great time to crowd fund. I'm going to hand off toward editor at large Bob. Sathian who is previously editor IN CHIEF AT FAST COMPANY? Bob You become familiar and a welcome voice on the podcast over to you David. I'm Bob Sathian in this. Special series of massive scale were interviewing founders operators investors who have agreed to share their experiences in the hopes of helping others find their way through and. I'm here with Karen. Con The CEO of I fund women a startup funding platform offering crowd funding and grants entrepreneurs as well as business coaching advice in community. She's going to give us a tutorial in how to get the most from the new care act and also talk us through some of the emerging opportunities in the cove economy for Entrepreneurs Karen as appeared in previous episodes of masters of scale and is coming to us today remotely from New Jersey as I asked my question for my home in New York Karen. Thanks for joining us. Thank you Bob for having me. I love masters of scale. You guys know him. Like the biggest nerd for this podcast. So I even went to masters of scale live in Boston. That's how much of a nerd I am for this. So thanks for having me and I'm excited to share what we've learned especially around the cares act because it is something that can be beneficial to all of us in the startup economy and in the GIG economy so not just for companies for sole proprietors for ten ninety nine employees. So I think the spirit of the act in saving jobs is great and it's so new it was just announced it was just signed by Congress last week the banks and the Fintech have frankly been scrambling to figure out how to regulate this thing and it. There's a lot to talk about clearly. In recent days you've been intensely dedicated to helping your members and small businesses overall to cope with the impacts of Cova. These are wild days I know in a federal government passed the cares at some of the financial press described it as a stimulus package. I know for affected businesses and individuals. It's really a relief package. And so we're eager to hear from you about all this and how to make the most of it in this time and how much we should be racing or not to take advantage of. I wanted to start by asking you. How the entrepreneurs and small businesses in the eye fund women community are feeling these days. Like what's the mood? It is rough out there. A how does it feel? Yeah and you're hearing back. While I think the members of the iphone women community feel the same as the members of the whole startup ecosystem and to be clear we have men and women on iphone women. I think we're all feeling is grief in some sense because things were great. We were all sort of hopeful and starting our businesses or maybe in year two in year three and getting traction and twenty nineteen for all of its weirdness was a great year from a business perspective and I think that a lot of entrepreneurs both men and women are really grieving. They're grieving for their plans. That are lost both personally and professionally. They're grieving for their laid. Off Co workers or the people that they have to lay off and you know at a early stage startups. These are your family. The people that you hire and your earliest days are the people that you've hand selected as a founder to help you carry your vision forward and to have to lay them off. There's a lot of grief around that. There's a around being isolated and not being able to have human interaction so I think that the word grief is the first thing that comes to my mind as to what most people are feeling that they can articulate. I think people articulating fear by their actions and their words right and anxiety because people are racing to do things that when Congress signed the bill on Friday there was a scramble on Friday night and over the weekend to be first in line and get your application into the SBA and there was so much confusion. And that's what led me to a pretty calm. I'm very good in a crisis. I'm sure I'll have a breakdown somewhere down the line when things are fine bit in a crisis. I'm pretty calm so what I observed was a lot of panic and so what I did. Was I troll the Internet to try to find the best expert that was closest to both the bill and the banks? That could help just at least explain. What the cares act was and also how entrepreneurs should be thinking about taking advantage of it with the caveat that things are constantly changing as we've seen and that doesn't help anyone's fear and anxiety. So where were you when you first heard about the the ACA passing? And how did you personally react? I was on my couch at home. I was on my second glass of Songfire. If I'm being honest you know. We've been drinking a lot of wine at iphone women on the daily. I don't watch TV. I don't watch the news because that for me gives me a ton of anxiety so I was kind of keeping my eye on the Internet and knew that the bill was being signed and so my phone started ringing off the hook. It was from people that were racing to get their applications. Then it was from people that were saying. You've to be first in line girl like start your applications. I'm spending my whole weekend doing my applications. And that's where I was and what was experiencing Friday night and into Saturday morning for a minute. I bought into it. I'M NOT GONNA lie so Friday. Night was a lot of phone calls from fellow entrepreneurs and advisors fellow financial services experts. Who were saying be first in line and I bought into it for a hot second and Saturday morning. I got up really early and I filled out the. Spa's disaster recovery loan. They keep changing the name disaster relief. Loan it's not the payroll. Protections was just a disaster relief because that was the only thing that was up on the SBA website that I could actually apply for so I filled out the paperwork. I uploaded the things and it was right. Then when it dawned on me when I didn't get an email or any sort of communication from the SBA. Unlike this is not the right thing to do. Like I had no log in there was no. There was nothing it was like. I had taken the time to fill out the stuff which I'm glad I did. Because it got my act together from a I needed three years of. Pnl's I needed obviously your number all the basic stuff to apply for a loan. But I'd never applied for a loan before so I had to spend hours digging around my email and my files to get all the stuff so now I feel like I have my act together so wasn't for nothing but round Sarah Mooring Eleven. Am after. I finished applying and I was like I don't have any correspondence from the SBA. What's the story I started? Trolling the INTERWEBS. To try to find this expert who I mentioned was close to the bill and close to the banks and so I put up a post on my instagram and my face linked in just like a little graphic that said seeking an expert on the cares act please comment and I got tons of comments and I found a person through instagram. A gentleman by the name of Mark. L. Rockefeller you can find him in. Lincoln and mark runs a Fintech in DC called St shares and they are one of the Fintech that are going to be the front end to deploy the p the paycheck protection program. He not only consulted on the bill. He had read multiple versions of it and consulted on it. He has also built the front end technology to help. The banks. Deploy the funds because prior to this moment in time only one to two percent of consumer banks have the ability to take loans online. Which is why the cabbages and the online lenders of the world have exploded over the last five years because prior to today hopefully chase. B- avai cap one. You know most of the big banks. You can't apply for a loan online like chases my bank. This is not paid out for chased by any means to get a small business loan or any loan. I would have to walk my law self into a branch. Fill out paperwork and wait a month and that's how it worked and so first of all. Nobody's leaving their house. Were quarantined going. Irl into a bank branches not allowed anymore so these banks have had to scramble to partner with technologies like street chairs to be able to handle the applications and be able to process them. And so that's why there's been so many delays. I mean. Listen. A week is not a big delay. It just has been a week of between Congress passing the bill and for entrepreneurs to be able to apply for either. Pp or a small business loan which you can apply for now. We can talk about the differences between the two but this week has just been a lot of anxiety. A lot of fear. People are laying people off. But then they're like should I lay people off because then I can't include them in my people and there's a lot of nuances so first of all. Should I be in a rush to be first in line? Is THE MONEY GONNA run out or is the rush to be first in line? Because I'll get the money sooner or is there no rush at all? There's plenty of money and I should just calm down. The honest truth is like most people like most experts. I don't know I don't know the answer to that. So this is why. There's the encouragement or the imperative to sort of act quickly. Because we don't know what the implications if we don't we don't know so the bill is three hundred and forty eight billion dollars of capital that is supposed to be deployed by the end of June. So we are now in April. That's three months and almost four hundred billion dollars in capital to be deployed. This is unprecedented. It's definitely the largest stimulus bill. Four Main Street in the history of the United States. That's a fact so the banks and the financial services companies and the online lenders are scrambling to be.

SBA United States Congress Karen Khan Bob Bob Sathian Bob You founder and CEO Boston CEO anxiety David Sarah Mooring Eleven editor IN CHIEF Cova New Jersey editor New York
"relief fund" Discussed on Historical Figures

Historical Figures

04:38 min | 2 years ago

"relief fund" Discussed on Historical Figures

"Those who may suffer from accidents and provide small pensions for those needing help in old age. This was actually the first of its kind the influence of his father and all those that encouraged him during his lifetime pushed Andrew to create as many libraries as possible after creating a public library back in his hometown of done firm Lynn and one in allegany. He went on to create an entire public library system in Pittsburgh. Eventually, he helped to build nearly three thousand public libraries throughout the country. In addition to the Carnegie relief fund, he also created the Carnegie done firm Lynn trust. The Carnegie trust for the universities of Scotland and Manhattan's music hall, which we know today as Carnegie Hall, you may know of his most famous school now known as Carnegie Mellon University. It originally started as a trade school in nineteen hundred after Andrew donated a huge sum for the schools engineering program, it became Carnegie tech in nineteen to he founded the Carnegie institution to fund scientific research and established a pension fund for teachers with a ten million dollar donation. He'd made the transition from industrialised tycoon to a philanthropic madman, but his philanthropic efforts, though they were huge, might not have been his biggest achievement. Andrew was the first to call for a league of nations and later established the Carnegie Endowment for international peace in nineteen ten to hasten the abolition of war. He funded the building of the Hague palace of peace in the Netherlands, which now houses the world court. The court was created to end World War One award that deeply disturbed Andrew along time, pacifist during the last year of his life. Andrew was bedridden and plagued with influenza. He lived comfortably in a six storey block long mansion, but his health was fading fast. It was time to close an old wound before it was too late. Andrew summoned his longtime secretary, James bridge to give a message to Andrews former partner in crime. Henry Frick the two hadn't spoken in over twenty years in his message to Frick Andrew requested that the two of them in their old age air their grievances and make up for everything they done to each other freak wasn't buying it in fricks infamous words. He told bridge quote, yes, you can tell Carnegie, I'll meet him, tell him. I'll see him in hell where we both are going even if he couldn't make amends. On a personal level, he was able to see his country Megan. Men's on an international one, even though his efforts against the war were in vain. Andrew lived long enough to witness the treaty of or Cy and the end of World War One on June twenty eighth nineteen nineteen. Just two months later on August eleventh, Andrew died from pneumonia complications. He was eighty one years old. He'd given away over three hundred fifty million dollars the equivalent of over seventy six billion dollars. Now, despite his best efforts, he wasn't able to give away all of his money. But his wife Louise went on to live another twenty seven years in kept making donations. He left his wife, small cash gift, their Manhattan townhouse and Skibo castle in Scotland. He left his daughter of small trust and walled. This probably allowed them to live comfortably. The eventually had to sell their town home. Andrew Carnegie left the world with a mixed legacy. He rebuilt America and helped usher in the industrial revolution, but he did so on the backs of underpaid labourers. He gave most of his money away to found institutions that would help give people the tools they needed to succeed. But only after his factories had left countless men dead through careless accidents and by gunfire. What he did leave behind is noise inspiring. But the idea of the innovative philanthropic billionaire continues to resonate today with both the good and the ill that come with it and Andrew Carnegie was for better or for worse. The blueprint for that archetype. There are many buildings. Many institutions, many companies, and even a city that continued to bear his name today that is money. He could have decided to hoard within his family passing down that wealth through the generations. If nothing else we are lucky then that Andrew truly believed a man who dies rich, dies, disgraced. Thank

Frick Andrew Andrew Carnegie Carnegie relief fund Carnegie Endowment Carnegie Hall Carnegie Mellon University Carnegie institution Carnegie Lynn Lynn trust Henry Frick world court Manhattan Pittsburgh Scotland allegany Hague palace of peace Skibo castle pneumonia
"relief fund" Discussed on KQED Radio

KQED Radio

02:24 min | 3 years ago

"relief fund" Discussed on KQED Radio

"For sure what correct a series hoop so we work with our partners in congress uh you know encouragement council allow him to comment as well but they and we've been working very closely with congress to make sure that there's enough funding in the disaster relief fund to not only be here to support of the disastrous currently unfolding here in california but also in a harvey erma as well as me maria as well so we'll continue but congress's karsli if you like others say that the house just passed legislation our preparations of a bill that would job plus of the funds available for disaster relief and that the lab very last minute they were able to add an additional a billion dollar specifically for this fire of event and that was a holding place of for future actions which are taken place in the senate right down back in the house to finalise so everyone is very well aware of this and there will be strong support i'm confident both the house on the senate to make sure that we have a budget that will move us forward uh in in this direction there's always going to be a need for more money we recognize out we're going to do our best to get all the money this needed for this event and others that we've been hit by i am confident that we're going to get the money that we need for this event and others uh other always be a shortage of funding uh i s gaza is as i stated uh and but we're going to continue to fight for that but just the additional monies that we got in this house appropriations bill i speak i think speaks well to the fact that everyone is aware of the nude mp for for the shoulder of twowheel to get that done prayer sure one no correct.

congress disaster relief fund california the house senate gaza billion dollar
"relief fund" Discussed on KQED Radio

KQED Radio

01:50 min | 3 years ago

"relief fund" Discussed on KQED Radio

"Air now dot gov we made a comment about that just a few moments ago she says here now uh dug up as recommended by the bay area air quality management district and you see us as doctors i interviewed it's true they can't put sensors everywhere and they have to uh aggregate the data and make estimates for the hourly updates but it is still the best source too high and others know of for making those estimates and sofia wants to know uh let me go again to you as i may terrence mulligan uh she says i donate money to the napa valley community thought daesh in what are they going to do with the money specifically you've already pretty much outlined that um i think you know in terms of where the priorities are uh do you want to add anything well sure firstly i wanna i wanna thank her for her contribution and it's been overwhelming uh to feed more than five thousand people in seven days have made a gift to our disaster relief fund um we were also uh um call to be of service after the earthquake three years ago and if at that time they were basically two sorts of money available to help there was government relief programmes and there was philanthropy because only four percent of california's have earthquake insurance this time if there is a silver lining at all it is that ninety five percent of us who own a home have homeowner's insurance which covers the fire and it doesn't mean that the road has won't be uh fraught and challenging and possibly miserable for people who lost their homes um but it does mean that there's more capital uh at our disposal to think about with coverage in rebuilding so what we've done already as of last friday is that we've put out about six hundred thousand dollars to a core group of fifteen uh uh local nonprofit who agreed after the earthquake that they would do particular things to be of service the next time we had a declared disaster uh and what we're doing now is offering services.

sofia california terrence mulligan napa valley disaster relief fund six hundred thousand dollars ninety five percent four percent three years seven days
"relief fund" Discussed on NASCAR Live

NASCAR Live

01:39 min | 3 years ago

"relief fund" Discussed on NASCAR Live

"But give more than twelve seconds call click granger dot com or stop by granger for the ones who get it done folks we continue to think about those affected by hurricanes harvey and erma and those folks are also on the minds of the drivers at hendrick motorsports casey cain chase elliott jimmy johnson and dale earnhardt jr have launched a disaster relief fund all four those drivers have started the fund with a two hundred thousand dollar initial contribution their goal is to raise a half a million in two weeks you have until before midnight eastern on wednesday september 20th to make your contribution at hendrick relief dot org any assistance you could provide would greatly be appreciated again help out at hendrick relief dot org coming up next we'll hear from all sixteen playoff drivers for this year's championship this is nascar live on the motorracing network the voice of nascar this is nascar la now back to life baghli welcome back the nascar live on saturday night we ran the federated autoparts 400 and after the race concluded we had a chance to visit with all sixteen playoff drivers to find out their feelings before we hit the spinal ten races so let's countdown for you from 16 to number one we start with the sixteenthseed jamie mcmurry consistency and earning points have earned him a trip to the postseason he doesn't have a win so far in 2017 and jamie realizes that can only get him so far when i look at our shades we we basically anything finished eighth in the in the regular season points.

granger erma disaster relief fund nascar harvey hendrick motorsports casey cain jimmy johnson dale earnhardt hendrick jamie mcmurry two hundred thousand dollar twelve seconds two weeks
"relief fund" Discussed on C-SPAN Radio

C-SPAN Radio

02:49 min | 3 years ago

"relief fund" Discussed on C-SPAN Radio

"For famous disaster relief fund so four point four billion for community develop block grants the department of housing and urban development and on 350 million to support small business administrations disaster loan program to assist small business in a home the supplemental villas not only the critical first step to provide the basic needs of food shelter water for those in a meeting lead but also provides initial funding to begin the process of rebuilding in recovery for those communities devastated by hurricane are further resources in our work will be required so i will continue to work closely alongside my colleagues and the appropriations committee to meet the present in emerging needs of our neighbours across the southeast pa thoughts and prayers are with all those affected by devastating these devastating storms this bill addresses the urgent needs of those affected not urkaine harvey it sends a powerful message do all the we are here for them and we will be working hard for them throughout the root the recovery colleagues i strongly encourage a vote on this bill elyse assad i grew up in houston texas i was born there grew up there i remember floods i never remember floods that washed away homes homes their livelihood this is a once in a lifetime situation down there may be all pray and it's time to get done thank you mr chairman i you'll back denounced mata routes by tokyo meals back gentleman reserve generally from new york's recognized as speaker i year one minute to the channel lady from texas ms jackson light jealousies recognize for one minute in one wager i thank the general eighty very much and i rise to support a supplemental appropriations for disaster relief and i thank the appropriate is in all of my colleagues and i reflect on the bipartisan meeting of our taxes delegation we said we would not be divided we not be divided among south friends from florida and those who may be needed in lievin hurricane erma but i do want to acknowledge the when we got up sunday morning and twelve inches had fallen at that time part of the fifty inches that the most catastrophic storm on the continental united states hurricane havi we saw the lives of people disappear some who died some who aren't shelters as these pitches the pig and so the.

disaster relief fund chairman new york florida department of housing elyse assad houston texas tokyo one minute twelve inches fifty inches