
Thank you. Vice Chair Quarles, in your testimony you call for, and I quote, "further review . . . of changing patterns in the use of financial services, by consumers and businesses; and a changing relationship between banks and their…
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Thank you. Vice Chair Quarles, in your testimony you call for, and I quote, "further review . . . of changing patterns in the use of financial services, by consumers and businesses; and a changing relationship between banks and their…

So it is going to take us time to come out of this, and that is why I am looking for a long runway to help our travel and tourism.

How is the Federal Reserve considering stress testing to assess how prepared individual firms and the overall system are to respond to and recover from systemic cyberevents?

I appreciate that. And for my colleagues, please know that in Nevada, particularly southern Nevada, the unemployment rate is still higher than the national average.

I was proud to lead the effort in extending the solar tax credit and joining my colleagues Senators Carper, Burr, and Stabenow in introducing the Securing America's Clean Fuels Infrastructure Act.

We should all push all of our chips to the middle of the table on the American Jobs Plan to rebuild our infrastructure and create necessary job opportunities for individuals and contracts for small businesses.

Thank you, Senator Scott. I have a couple more questions I would like to ask.

Do not forget small businesses. The small businesses are the backbone of this country.

I think rebounding means you are bouncing back. Recovery is you are going back to where you were.

I implore this committee to double down on the recent successful American Rescue Plan, by investing in America's Tourism and Hospitality Workforce and Small Businesses, to rebuild our economy.

For Nevada, this is almost 25 percent of our work force.

Good afternoon and welcome to today's hearing, Investing in America's Tourism and Hospitality Workforce and Small Businesses.

Senator Cortez Masto and I worked diligently to be sure that 100 percent of COBRA insurance was covered during the pandemic.

With hospitality and tourism being slower to recover than other industries, additional limited, targeted relief may be needed.

U.S. hotel and hospitality industry continues to experience severe pandemic-related impacts and, consequently, so do the workers in that industry.

I cannot think of anything more impactful that came under the American Rescue Plan, than the 100 percent COBRA subsidy.

I think the best way to get people back, at every level, is for the companies to do the kind of stuff on health and safety.