Practice English Speaking&Listening with: Sen. Jeanne Shaheen: ‘I’m Outraged’ McConnell Won’t Address Relief Bills | Stephanie Ruhle | MSNBC

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SENATOR JEANNE SHAHEEN OF NEW

HAMPSHIRE.

SHES A MEMBER OF THE SENATE

SMALL BUSINESS COMMITTEE.

SENATOR, THIS PROGRAM FROM THE

START HAS HAD THE BEST OF

INTENTIONS TO HELP SMALL

BUSINESSES ACROSS THE COUNTRY.

BUT WE BOTH KNOW THERES HUGE

FRUSTRATION.

MANY BUSINESSES ARE AFRAID TO

SPEND IT BECAUSE THEY DONT KNOW

THE RULES.

AND NOW THE SENATE IS TAKING A

BREAK.

ARENT YOU WORRIED THIS IS GOING

TO PUT THEM IN A WORSE POSITION?

>> I AM OUTRAGED, STEPHANIE.

WEVE BEEN BACK IN WASHINGTON

THREE WEEKS, AND MITCH McCONNELL

DIDNT ALLOW US TOALL BUSINESS P

C.A.R.E.S. PACKAGE, THE PAYCHECK

PROTECTION PROGRAM AND WE DIDNT

GET AN OVERSIGHT HEARING IN THE

SMALL BUSINESS COMMITTEE.

WEVE BEEN REQUESTING -- IVE

BEEN REQUESTING SINCE WE WENT

BACK TO WASHINGTON THAT THE

ADMINISTRATOR OF SBA AND

SECRETARY MNUCHIN SHOULD COME

IN.

THEY SHOULD TALK TO US.

THEY SHOULD GIVE US THE

INFORMATION ABOUT WHATS NOT

WORKING IN THIS PROGRAM AND WHAT

IS WORKING SO WE CAN MAKE

DECISIONS AND WE NEED TO DO IT

NOW BECAUSE, AS YOU POINT OUT,

OUR SMALL BUSINESSES AT THE

HEART OF OUR COMMUNITIES IN NEW

HAMPSHIRE, THEY ARE THE

FOUNDATION OF OUR ECONOMY AND

THEY NEED HELP.

>> HOW IMPORTANT IS IT TO GET AN

EXTENSION?

A LOT OF RECIPIENTS ALREADY

HALFWAY THROUGH THEIR EXEMPTION

PERIOD.

>> WELL, I THINK WE NEED TO DO A

COUPLE OF THINGS.

WE NEED TO LOOK AT THE

EIGHT-WEEK PERIOD.

WHEN WE USED EIGHT WEEKS, WE

DIDNT HAVE AS MUCH INFORMATION

ABOUT WHATS HAPPENING WITH THE

CORONAVIRUS AND HOW LONG ITS

GOING TO TAKE US TO OPEN BACK UP

THE ECONOMY.

WE NEED TO PROVIDE FLEXIBILITY

ON THAT.

EITHER EXTEND THE PERIOD, CHANGE

THE WAY WERE LOOKING AT IT, THE

HOUSE HAS A PROVISION THAT WOULD

ALLOW 24 WEEKS INSTEAD OF EIGHT

WEEKS.

WE NEED TO ADDRESS THAT.

WE NEED TO ADDRESS THE PAYBACK

PERIOD.

IM HEARING FROM SMALL

BUSINESSES IN NEW HAMPSHIRE.

THEY GOT THEIR LOANS BUT THEYRE

REALLY WORRIED ABOUT WHAT THE

PAYBACK IS GOING TO BE BECAUSE

THEY HAVENT GOTTEN CLEAR

GUIDANCE ON THAT.

THOSE ARE TWO THINGS THAT WEVE

REALLY GOT TO ADDRESS, AND WEVE

GOT TO DO IT ASAP.

WE SHOULD HAVE DONE IT, YOU

KNOW, THAT SHOULD HAVE HAPPENED

AS PART OF THE ORIGINAL GUIDANCE

FROM THE PROGRAM.

>> ALL RIGHT.

I WANT TO TALK ABOUT OVERSIGHT

BECAUSE ON BOTH SIDES OF THE

AISLE, LAWMAKERS WANT TO KNOW A

LOT ABOUT LOANS GRANTED FOR $2

MILLION OR MORE.

BUT I WANT TO TALK ABOUT THE

SMALLER ONES.

LAST WEEK, THE TREASURY

DEPARTMENT SAID THEY WOULD NOT

PURSUE AUDITS FOR ANY LOAN UNDER

$2 MILLION.

AND THEYRE BASICALLY SAYING WE

ASSUME THEYRE GOOD.

THESE ARE NOT PRIVATE LOANS,

THOUGH.

THESE ARE BUSINESS LOANS.

WHY HAVENT WE HEARD FOR -- FROM

ANY REPUBLICANS OR DEMOCRATS

DEMANDING THE LOAN I.D.s BE

PUBLIC ON EVERY SINGLE SBA LOAN?

EVERY OTHER LOAN IN THEIR

HISTORY IS PUBLIC, AND THIS WE

JUST KEEP GETTING ROLLED AND

ROLLED.

AND I DONT HEAR ANY LAWMAKERS

DEMANDING THE LOAN I.D.s BE

PUBLIC AND TRANSPARENT.

>> WELL, AGAIN, THATS WHY WE

NEED SOME OVERSIGHT HEARINGS.

THATS WHY AS A SMALL BUSINESS

COMMITTEE, WE HAVE GOT TO BRING

IN ADMINISTRATORS AND GET THAT

INFORMATION BECAUSE IT SHOULD BE

PUBLIC.

THERE SHOULD BE A SCREEN THAT

BUSINESSES HAVE TO APPROVE THAT

BANKS HAVE TO APPROVE FOR

BUSINESSES TO SAY THAT THEY

REALLY NEED THIS MONEY.

WEVE GOT TO MAKE SURE THAT IT

DOESNT GO TO BUSINESSES THAT

DONT NEED IT BUT IT DOESNT GO

TO CHAIN BUSINESSES LIKE RUTHS

CHRIS STEAKHOUSE.

THATS A CRITICAL PIECE OF THIS

PROGRAM.

DESIGNED TO GO TO MOM AND POP,

TO THE SMALL BUSINESSES THAT ARE

SO MUCH PART OF OUR COMMUNITY.

>> BUT EVEN IF ITS FOR SMALL

BUSINESSES, TELLING PEOPLE THAT

YOURE NOT GOING TO PURSUE

ANYTHING UNDER $2 MILLION BUT

NOT MAKE IT PUBLIC WHO RECEIVED

THOSE LOANS IS A RECIPE FOR

FRAUD, EVEN IF ITS FOR 500

GRAND, 800 GRAND.

EVERY DOLLAR COUNTS.

THEY NEED TO MANDATE TO MAKE IT

PUBLIC.

>> ABSOLUTELY.

WEVE GOT TO MAKE SURE THAT THE

MONEY IS GOING TO PEOPLE WHO

REALLY NEED IT, THAT ITS GOING

TO THE WORKERS WHO NEED IT AND

THAT WE HELP THOSE BUSINESSES.

THE GOAL IS TO HELP BUSINESSES

GET THROUGH THIS PERIOD TO HAVE

WORKERS THAT CAN GO BACK TO WORK

WHEN THEYRE ABLE TO STAND BACK

UP THEIR BUSINESSES AND TO GIVE

THEM SOME FLEXIBILITY.

THAT 75/25 DIVISION, THAT WASNT

PART OF WHAT WE TALKED ABOUT

WHEN WE PASSED THE LEGISLATION.

THATS BEEN AN ARBITRARY

DECISION MADE BY TREASURY AND

SBA.

WEVE GOT TO LOOK AT WHATS

GOING TO BE IMPORTANT TO

BUSINESS.

AND TO THEIR EMPLOYEES.

>> WELL, I APPRECIATE THAT.

I APPRECIATE THAT YOURE GOING

TO PUSH TO MAKE ALL OF THIS

INFORMATION PUBLIC.

CAN YOU TELL US WHERE WE STAND

ON THE HEROES ACT?

OBVIOUSLY, DIDNT MAKE ITS WAY

THROUGH THE SENATE.

WILL YOU BE LOOKING AT IT?

>> WELL, I SURE HOPE SO.

YOU KNOW, I THINK ALL OF US WERE

DISAPPOINTED THAT, AS I SAID, WE

CAME BACK IN ON MAY THE 4th.

WE THOUGHT WE WERE GOING TO BE

BACK IN WASHINGTON TO ADDRESS

FURTHER ACTION TO HELP PEOPLE

WHO ARE AFFECTED BY THIS

PANDEMIC.

AND THE FACT THAT THE HEROES ACT

PASSED THE HOUSE AND WE DID

NOTHING WITH IT IN THIS LAST

WEEK IS JUST A REFLECTION OF THE

LACK OF FOCUS BY THE MAJORITY IN

THE SENATE ON WHAT WE REALLY

NEED TO DO THERE TO HELP THE

PEOPLE WHO ARE HURTING, THE

BUSINESSES WHO ARE HURTING.

WERE NOT GOING TO BE ABLE TO

STAND BACK UP OUR ECONOMY UNLESS

WE HELP BUSINESSES AND THEIR

EMPLOYEES, UNLESS WE CAN GET THE

TESTING AND CONTACT TRACING TO

ALLOW BUSINESSES TO REOPEN, TO

MAKE PEOPLE FEEL SAFE WHEN THEY

GO OUT. AND THATS WHAT WE SHOULD BE

AND THATS WHAT WE SHOULD BE

WORKING ON IN WASHINGTON.

NOT CONTINUOUS -- AND

APPOINTMENTS.

>> YOU DECLINED A REQUEST FROM

FORMER VP BIDENS CAMPAIGN TO BE

VETTED AS A POTENTIAL RUNNING

MATE.

WHY?

>> YOU KNOW, IM INCREDIBLY

HONORED TO BE MENTIONED BY THE

VICE PRESIDENT, TO BE ON A LIST.

AND IM GOING TO DO EVERYTHING I

CAN TO HELP HIM GET ELECTED THE

NEXT PRESIDENT OF THE UNITED

STATES.

I THINK HE WILL BE A GREAT

PRESIDENT.

BUT MY PRIORITY IS TO THE PEOPLE

OF NEW HAMPSHIRE.

I AM SO GRATEFUL TO HAVE BEEN

ABLE TO REPRESENT THEM IN THE

UNITED STATES SENATE.

I HOPE THEY WILL GIVE ME THAT

OPPORTUNITY TO CONTINUE TO DO

THAT.

I THINK ITS IMPORTANT FOR US TO

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