ABSTRACT

Promoting Economic Recovery: Examining Capital Markets and Worker Protections in the COVID-19 Era, Virtual Hearing Before the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services, U.S. House of Representatives, One Hundred Sixteenth Congress, Second Session, July 14, 2020   [open pdf - 8MB]

This is the July 14, 2020 hearing on "Promoting Economic Recovery: Examining Capital Markets and Worker Protections in the COVID-19 Era ," held before the U.S. House of Representatives Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services. From the opening statement of Brad Sherman: "Since the start of COVID-19 [coronavirus disease 2019], millions of Americans have suffered severe economic hardship. As the Federal Reserve has reported, more than 20 million Americans have lost jobs due to COVID-19. And as Fed Chair Jerome Powell recently testified before this committee, the rise in joblessness has been especially severe for lower-wage workers, for women, for African Americans, and for Hispanics. While we can be thankful that recently there has been a decline in unemployment claims, and that the national unemployment rate is, 'down to 11.1 percent,' we are going to have a long road to recovery. During today's hearing, we will examine the business practices and corporate-governance decisions that have been adopted in light of the COVID-19 epidemic, and their impact on American workers." Statements, letters, and materials submitted for the record include those of the following: Neil L. Bradley, Camille Busette, Anne Simpson, and William E. Spriggs.

Report Number:
Serial No. 116-103
Publisher:
Date:
2021
Series:
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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