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financial services committee. live from capitol hill. congressman, from your constituent standpoint, do you welcome an interest rate cut, which of course would bring borrowing costs down? do you welcome it sooner rather than later? >> well, look, i know that my constituents would always welcome that. it would make the cost of capital cheaper, cost of borrowing cheaper, but we're in a tough spot in this biden economy. the economy is stagnating. jobs is a very nebulous topic. the last two job reports, you had them actually cut down the number of jobs created in the country, down about 200,000, the last two reports, and so we're in this quandary where we are stagnating out as a country, inflation is still stubbornly high and i know everybody's looking at the 2% measure year-over-year but we are still dealing with prices up massively on working families, on small business owners in the united states, so i think a rate cut is welcomed but what is going to be the long-term game plan with respect to inflation number one,
financial services committee. live from capitol hill. congressman, from your constituent standpoint, do you welcome an interest rate cut, which of course would bring borrowing costs down? do you welcome it sooner rather than later? >> well, look, i know that my constituents would always welcome that. it would make the cost of capital cheaper, cost of borrowing cheaper, but we're in a tough spot in this biden economy. the economy is stagnating. jobs is a very nebulous topic. the last two...
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jerome powell has more opportunities on wednesday before the house financial services committee.ricane beryl lashley us coast, texas is the largest us coast, texas is the largest us estate accounting for 40% of output and 20% of gas production. it appears now it has avoided substantial damage. the gulf of mexico combines to produce around 2 million barrels of crude oil, just under 2 million barrels per day of crude oil, which is around 15% of the total us production, which is just north of 13 million barrels per day. but the production here in terms of supply is mostly medium sour crude quality. the gulf coast, in essence here, also contributes around 9 million barrels per day of pure refinery runs, which is more than 56% of total us refinery runs. this is mostly complex and semi—complex refinery capacity consuming mostly heavy and medium sour crudes to produce the valuable middle distillates in the form of diesel and gas. these metrics are all the more important when you consider the summer travel season. so, overall, considering the relatively tight us balance, any disruption o
jerome powell has more opportunities on wednesday before the house financial services committee.ricane beryl lashley us coast, texas is the largest us coast, texas is the largest us estate accounting for 40% of output and 20% of gas production. it appears now it has avoided substantial damage. the gulf of mexico combines to produce around 2 million barrels of crude oil, just under 2 million barrels per day of crude oil, which is around 15% of the total us production, which is just north of 13...
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Jul 9, 2024
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financial services committee.ost of borrowing in new zealand — where in a few hours, the central bank will review its key lending rate, which currently sits at 5.5 percent. the reserve bank of new zealand was the first central bank to kick off a rate hike cycle — even before the us, back in 2021. for clues on where policy makers are heading in new zealand, let's bring in market analyst tim waterer. they were in a recession late last year and it was a little bit better at .2% and still teetering on that recession line in terms of inflation, the figures i've gone down to the 4% marks of some progress there but not quite enough and so, they are in a bit of a tight spot and was see them later today and two things are looking for is still focusing on the upside risk and how confident are they that the nontradable inflation figures will be coming down has been a thorn in the side of the inflation figures and they think they'll be moving down and the data suggests otherwise of the moment because of the world today, were
financial services committee.ost of borrowing in new zealand — where in a few hours, the central bank will review its key lending rate, which currently sits at 5.5 percent. the reserve bank of new zealand was the first central bank to kick off a rate hike cycle — even before the us, back in 2021. for clues on where policy makers are heading in new zealand, let's bring in market analyst tim waterer. they were in a recession late last year and it was a little bit better at .2% and still...
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economy before the house financial services committee. these events are also available on the c-span now t bvap or online at c-span.org. >> c-span campaign 2024 take you live to milwaukee for coverage of the republican national convention or tune in life monday as delegates from across the country gathered to select the republican nominee for president. watch as a layer their priorities for the next four years and their party vision for the future. the republican national convention life monday on c-span, c-span now or online at c-span.org. c-span, your unfiltered view of the conventions. >> senate minority leader mitch mcconnell and other top republicans discussed the legislative agenda amid calls for president biden to step down as the democratic presidential nominee. they discussed this weeks nato summit in washington, d.c. [inaudible conversations] [inaudible conversations] >> i'm sure you all are anxious to talk to us. things are fairly calm and quiet on our side. i think with nato's 75th 75th anniversary being celebrated here in was
economy before the house financial services committee. these events are also available on the c-span now t bvap or online at c-span.org. >> c-span campaign 2024 take you live to milwaukee for coverage of the republican national convention or tune in life monday as delegates from across the country gathered to select the republican nominee for president. watch as a layer their priorities for the next four years and their party vision for the future. the republican national convention life...
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economy before t house financial services committee.nts are also available on the c-span now video app or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gathered to select the republican nominee for president. watch as it lay out their priorities for the next four years and their parties vision for the future. the republican national convention live monday on c-span, c-span or online at c-span.org. c-span unfiltered view of the conventions.
economy before t house financial services committee.nts are also available on the c-span now video app or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gathered to select the republican nominee for president. watch as it lay out their priorities for the next four years and their parties vision for the future. the republican national convention live...
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financial services committee.cking the oil industry after hurricane beryl latched the coast. texas is the largest oil and gas producing state, accounting for 40% of the output in 20% of gas productions. it appears now that infrastructure has avoided damage. oiland that infrastructure has avoided damage. oil and gas experts explain the complications this has had on oil production and prices. the gulf of mexico combines to create 2 million barrels per day of crewed oil which is around 15% of the total us production which is just north of 13 million barrels per day but the production in terms of supply is mostly medium quality. this also contributes around 9 million barrels which is around 56% of total refinery runs. this is complex and semi— complex refinery capacity consuming mostly heavy and medium to produce the valuable middle distillates. these metrics are all the more important when you consider the summer travel season. so, overall, considering the relatively tight us balance, any instruction on the supply si
financial services committee.cking the oil industry after hurricane beryl latched the coast. texas is the largest oil and gas producing state, accounting for 40% of the output in 20% of gas productions. it appears now that infrastructure has avoided damage. oiland that infrastructure has avoided damage. oil and gas experts explain the complications this has had on oil production and prices. the gulf of mexico combines to create 2 million barrels per day of crewed oil which is around 15% of the...
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and a half then will testify in front of the house financial services committee tworjt ahead of keytion data out piper sandler managing director chief market technician craig johnson here with expectations for june cpi on thursday you are watching "mornings with maria" live on fox business. stay with us. . ♪ you, sweet caroline, ♪ ♪ ♪ when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all...
and a half then will testify in front of the house financial services committee tworjt ahead of keytion data out piper sandler managing director chief market technician craig johnson here with expectations for june cpi on thursday you are watching "mornings with maria" live on fox business. stay with us. . ♪ you, sweet caroline, ♪ ♪ ♪ when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight...
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financial services committee this morning.e have the preview. key inflation dropping this week in the june cpi and ppi on friday with the big banks kicking off second-quarter earnings season, stay with us with a preview on that. european markets are higher in the eurozone despite the fact that the new french parliament is calling for a 90% tax on annual income about 400,000 euro. we are talking about the incredible tax in france. in asia overnight fractional moves across the board, joining the conversation bullseye american ingenuity fund manager adam johnson, managing director mitch rochelle and "fox & friends" cohost todd piro. "mornings with maria" is live right now. ♪. maria: it's time for the hot topic of hour. former president trump rally with tens of thousands of supporters in florida weighing in on the disarray of the democrat party. take a watch. >> the radical left democrat party is divided in chaos in a full-scale breakdown all because they can't decide which of your candidates is fitted to be president, sleepy cric
financial services committee this morning.e have the preview. key inflation dropping this week in the june cpi and ppi on friday with the big banks kicking off second-quarter earnings season, stay with us with a preview on that. european markets are higher in the eurozone despite the fact that the new french parliament is calling for a 90% tax on annual income about 400,000 euro. we are talking about the incredible tax in france. in asia overnight fractional moves across the board, joining the...
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speaking with the members of the house financial services committee today.getting closer to cut rates as it weighs the risk of elevated inflation and a cooling labor market. we're going to speak to house financial services committee chair patrick mchenry later this hour. volkswagen warned overnight, the potential closure of a plant because of weak demand. the company lowered its forecast for operating return on sales to 6.5 to 7 -- from 7 to 7.5 previously. and more than a third of adults say they have a side hustle. a new bank rate survey finds they're earning more than they did last year. the average side hustle bringing in $891 a month, up from $810 last year. more than a third of the people use at least some sort of that income for discretionary spending or to pay for living expenses. about a third think they'll always need to have a side hustle. >> what's wrong with that? you're saying that like it's a foreign language. >> are these legal things? >> yes, like a side job, like, you know, you drive an uber part time or you're doordashing part time. >> not
speaking with the members of the house financial services committee today.getting closer to cut rates as it weighs the risk of elevated inflation and a cooling labor market. we're going to speak to house financial services committee chair patrick mchenry later this hour. volkswagen warned overnight, the potential closure of a plant because of weak demand. the company lowered its forecast for operating return on sales to 6.5 to 7 -- from 7 to 7.5 previously. and more than a third of adults say...
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today and tomorrow he will testify from the house financial services committee and he will likely say been saying. lawmakers need and federal reserve need further confirmation that inflation is in fact slowing down to reach their target before they start cutting interest rates. mark tepper jumpiness we await important data this week, the june cpi number on thursday in june ppi on friday. >> i would have to agree that that is going to have to wait until there's more confirmation that inflation is coming down. if you look at what the bank of canada did on june 5, they cut rates by a quarter of 8% in 20 days later there inflation data came in and accelerated, there very, very much premature on cutting rates, right now the fed funds futures are pricing at an 80% chance of a cut by the september meeting. in my opinion that seems to be pretty mature and i believe inflation seems to be cooling and economic growth seems to be cooling i think december is more likely, i want to get your take. >> i agree on the timing of this, it's been a while since i studied economics at rutgers and we covered
today and tomorrow he will testify from the house financial services committee and he will likely say been saying. lawmakers need and federal reserve need further confirmation that inflation is in fact slowing down to reach their target before they start cutting interest rates. mark tepper jumpiness we await important data this week, the june cpi number on thursday in june ppi on friday. >> i would have to agree that that is going to have to wait until there's more confirmation that...
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powell has one more opportunities on wednesday before the house financial services committee.nson, investment director, fidelity. good morning to you. what do you reckon following that grilling about right the us? —— rates. grilling about right the us? -- rates. ., ., grilling about right the us? -- rates. . ., ., . , rates. chairman powell chooses his words very _ rates. chairman powell chooses his words very carefully - rates. chairman powell chooses his words very carefully as - rates. chairman powell chooses his words very carefully as you | his words very carefully as you can imagine, but he is definitely pushing us towards expecting a rate cut, probably not in july. expecting a rate cut, probably not injuly. i think the rate cut will come in september. but he said very clearly that inflation is not the only problem, and the fed has to not only keep control of inflation, but also to support growth in the economy. last week we had some labour market figures which showed unemployment was up which showed unemployment was up 4.1%, which was the highest level since november 20
powell has one more opportunities on wednesday before the house financial services committee.nson, investment director, fidelity. good morning to you. what do you reckon following that grilling about right the us? —— rates. grilling about right the us? -- rates. ., ., grilling about right the us? -- rates. . ., ., . , rates. chairman powell chooses his words very _ rates. chairman powell chooses his words very carefully - rates. chairman powell chooses his words very carefully as - rates....
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and house financial services committee tomorrow on wednesday.rvices today to testify on international financial system. each a chance for lawmakers to dissect current economy under joe biden. it is an election year and many are comparing the biden economy to former president trump's economy while in office. headlines point to a weakening job market, foot inflation at restaurants and slowing economy in general. fox brain room shows differences. gas prices $3.50 now, we were $2.18 a gallon four years ago. fixed rate mortgage, almost 7% now, it was 3.18% four years agos. average weekly earnings are lower now at 328 a week, they were 403 under former president trump. biggest story, biden's economy, consumer inflation, 3.3% right now, it was .1% four years ago. in spite 9.1% in june of 2021. what are things powell will face is questions about job market and path for interest rates. starting to see cracks in the job market out there. >> todd: trump had a good run last couple days and "new york times" fulfilling role as liberal mouth piece for democrat
and house financial services committee tomorrow on wednesday.rvices today to testify on international financial system. each a chance for lawmakers to dissect current economy under joe biden. it is an election year and many are comparing the biden economy to former president trump's economy while in office. headlines point to a weakening job market, foot inflation at restaurants and slowing economy in general. fox brain room shows differences. gas prices $3.50 now, we were $2.18 a gallon four...
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financial services committee probably very similar message but did you have any take-aways from senate yesterday? >> well, yeah, i think today's comments house going to be very similar just going to reread what he read yesterday. youfully so any there won't be anything new from powell communication always coming from written temperature whether fed meeting or he testimony to congress reinforces our view year ago focus entire inflation last three months unemployment rate ticked up each month there has been a certain clear shift on investors to focus on concern around higher unemployment so i think powell is spot-on where investors are unfortunately i wish powell was more ahead of the tape ahead of expectations i think focus on inflation, here, is really kind of old news, once you see unemployment rate startinging to to go update around employment time to think about cutting rates i think powell should be doing that now. >> i understand larry summers has raised issue jason trennert told us weeks ago his research shows inflation that reaches a certain level like last month, tickle a secon
financial services committee probably very similar message but did you have any take-aways from senate yesterday? >> well, yeah, i think today's comments house going to be very similar just going to reread what he read yesterday. youfully so any there won't be anything new from powell communication always coming from written temperature whether fed meeting or he testimony to congress reinforces our view year ago focus entire inflation last three months unemployment rate ticked up each...
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services committee.blem we have are significant housing issues but not nearly so dire as someone painted them out to be. doing nothing getting in the way of people who want to sell homes at healthy profit. katrina is our real estate contributor extraordinaire. that is the conundrum for housing. it comes down to that. good for some, not for others. >> affordability continues to be the main concern in the housing market and the fact of the matter is we need lower rates. recent data does indicate that buyers or are more optimistic about the housing market. the reason is we are seeing more inventory. we have 40% more homes on the market than we did a year ago. that is across-the-board. every state has seen an increase in inventory, some more than others. affordability is the main issue. buyers recognize homeownership is part of the american dream even if it is more challenging, provides stability and community and a great hedge against inflation. when you move out of the home you can keep the asset and turn
services committee.blem we have are significant housing issues but not nearly so dire as someone painted them out to be. doing nothing getting in the way of people who want to sell homes at healthy profit. katrina is our real estate contributor extraordinaire. that is the conundrum for housing. it comes down to that. good for some, not for others. >> affordability continues to be the main concern in the housing market and the fact of the matter is we need lower rates. recent data does...
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Jul 7, 2024
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debt before the house financial services committee. this is about one hour and 40 minutes. [indistinct conversations] unfortunately, for my friends across the aisle, they do not understand what the ruling means, and this may not be what they think it is. it is how to create or determine recognizing congress close the power of the purse. that is a good thing. this also solidifies congress have the power to change a funding stream. republicans have a legislative solution that makes the bureau more transparent and accountable to the american people. this is something we should all be in favor of. i encourage my democratic colleagues to hold off on their victory last. instead, they should work with the republicans on the cfpb an appropriation cycle to rein in the agency. i can guarantee you, if the shoe is on the other foot in the future, he will wish you had worked with us now. i think civility here will be a welcome and good thing. we are already seeing the harm a radicalized cfpb can inflict. director chopra, under your leadership, this agency has done, in my view, harm unde
debt before the house financial services committee. this is about one hour and 40 minutes. [indistinct conversations] unfortunately, for my friends across the aisle, they do not understand what the ruling means, and this may not be what they think it is. it is how to create or determine recognizing congress close the power of the purse. that is a good thing. this also solidifies congress have the power to change a funding stream. republicans have a legislative solution that makes the bureau...
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today talking to the house financial services committee.owell signaled yesterday in the senate that the fed is getting closer to cutting rates as it weighs the risk of elevated rates and lower employment market. attention turns to the cpi report tomorrow. prices are expected to inch closer to the fed's 2% target, which could raise the odds of a soft landing for the u.s. economy. >> the economy has made considerable progress toward the fed's 2% inflation goal and labor markets have cooled while remaining strong. reflecting these developments, the risks to achieving our employment and inflation goals are coming into better balance. >> let's discuss what this means for the markets and your money with ro robert shein. good morning, great to see you. >> good to see you, frank. >> i want to get a bit began u l -- gran you lar with you. materials finished lower. what does that tell you about the market reaction and i want to get your reaction. >> what we can expect from not only powell's testimony today but on the next quarter to come is this mark
today talking to the house financial services committee.owell signaled yesterday in the senate that the fed is getting closer to cutting rates as it weighs the risk of elevated rates and lower employment market. attention turns to the cpi report tomorrow. prices are expected to inch closer to the fed's 2% target, which could raise the odds of a soft landing for the u.s. economy. >> the economy has made considerable progress toward the fed's 2% inflation goal and labor markets have cooled...
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Jul 18, 2024
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. >> my name is sarah a network for the house financial services committee under ranking member waters. i recently heard from some researchers at william and mary that there's some evidence that china is using escrow accounts to basically, like if the building a port or something like that, have countries put money into an escrow account so that doesn't change the amount of debt that there in technically. how are you think about things like that in dealing with that? >> escrow accounts for projects. you want to take those three and -- >> let me take those three and then if we have time with her more. fantastic questions. let me start with one of helping countries to help themselves. this is actually what we aspire to do, help countries build strong fundamentals so they don't need to rely on anybody else. how do we do that? we engage with countries and we look at, are they collecting sufficient revenues, especially from the richer part of their population? are they then investing these revenues for infrastructure, for human capital efficiently and effectively? are they creating environm
. >> my name is sarah a network for the house financial services committee under ranking member waters. i recently heard from some researchers at william and mary that there's some evidence that china is using escrow accounts to basically, like if the building a port or something like that, have countries put money into an escrow account so that doesn't change the amount of debt that there in technically. how are you think about things like that in dealing with that? >> escrow...
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Jul 11, 2024
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this as jerome powell continued his testimony in front of house financial services committee yesterdaye fed chief has not seen biden in two years. watch this. >> last public meeting between you and president biden occurred may 31, 2022, does that sound accurate? >> i'm going to take your word for it. >> have you had private meetings with the president since that time? >> no. any phone calls with the president? >> i don't believe so. >> over two years with inflation still nagging us with cost out of control, president biden has not asked to meet with you in over two years? >> i have not had a meeting withim had, of course i don't seek meetings. >> cheryl: not even a phone call, guys, incredible. powell admitting labor market is softening. >> carley: and janet yellen said she would not say last time she spoke to the president. this reminds me of when lloyd austin was in the hospital and nobody knew. who is running our country. >> cheryl: he did not call president biden, his boss. >> carley: anti-israel protesters could face ramifications for rioting. >> cheryl: major wall street law firm
this as jerome powell continued his testimony in front of house financial services committee yesterdaye fed chief has not seen biden in two years. watch this. >> last public meeting between you and president biden occurred may 31, 2022, does that sound accurate? >> i'm going to take your word for it. >> have you had private meetings with the president since that time? >> no. any phone calls with the president? >> i don't believe so. >> over two years with...
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financial services committee saying central bank doesn't need below 2% before the cutting rates. >> to say would you need to see pce index dip below % at least once in coming months in order to contemplate a rate cut. >> no, that is not fair to say we've said that you don't want to wait until inflation gets all the way down to 2%, because inflation has a certain momentum you wouldn't wait that long if you waited that long probably waited too long because inflation will be moving downward will go well below 2% which we don't want. >> that is your jae. your takeaway, of the paul testimony this week in humphrey-hawkins. >> they've said all along that they want inflation sustainably on a path to 2%, so going down to 2% close enough they are convinced going to stay there a while giving them wiggle room, to declare victory before 12 months number is 2%, but they have to look back at the experience they had earlier this year got to give them pause, because six month number was under %, for december yet four bad months inflation had to reel back expectations in rate cuts what they don't wan
financial services committee saying central bank doesn't need below 2% before the cutting rates. >> to say would you need to see pce index dip below % at least once in coming months in order to contemplate a rate cut. >> no, that is not fair to say we've said that you don't want to wait until inflation gets all the way down to 2%, because inflation has a certain momentum you wouldn't wait that long if you waited that long probably waited too long because inflation will be moving...
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the house of financial services committee.ater the senate debates legislation so greatly right to abortion and access to other reproductive health care services. c-span is your unfiltered view of government. funded by these television companies and more including comcast. >> are you thinking this is just a community center? it is way more than that comcast is part of 1000 many sensors you get wi-fi enabled the students from low income families and officials they need to be ready for anything. comcast supports the stent as a public service along these other television providers for giving you a front row seat to democracy. >> congressional democrats continue to be asked about but t biden's reelection campaign so news from politico post senate democrats will hold a special caucus lunch tomorrow at 12:30 p.m. democratic senatorial campaign committee to hear from senior biting campaign advisors mike donnellan biting campaign chair. comes after colorado michael bennet the first democratic senator question mr. biden's candidacy. whi
the house of financial services committee.ater the senate debates legislation so greatly right to abortion and access to other reproductive health care services. c-span is your unfiltered view of government. funded by these television companies and more including comcast. >> are you thinking this is just a community center? it is way more than that comcast is part of 1000 many sensors you get wi-fi enabled the students from low income families and officials they need to be ready for...
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Jul 11, 2024
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then there is this, jerome powell continued his semi annual testimony in front of the house financialthey too revealed that the fed chief hasn't seen president biden in two years, watch. >> the last public meeting between you and president biden occurred on may 31, 2022, does that sound accurate? >> i'm getting take your word for it. >> of you had any private meetings with the president since that time. >> no. >> any phone calls with the president. >> i don't believe so. >> in over two years with inflation still nagging us with out of control, president biden has not asked to meet with you in over two years? >> i haven't had a meeting and i don't seek meetings. maria: not even a phone call i want to point that out, the u.s. has faced forty-year high inflation under president biden. isn't he technically the boston you want to give them a call just checking in how are we doing with interest rates. maria: part of me feels like you don't want have a federal reserve that appears political so you don't want have a lot of meetings but no meeting since 2022 that seems odd. >> that were to be
then there is this, jerome powell continued his semi annual testimony in front of the house financialthey too revealed that the fed chief hasn't seen president biden in two years, watch. >> the last public meeting between you and president biden occurred on may 31, 2022, does that sound accurate? >> i'm getting take your word for it. >> of you had any private meetings with the president since that time. >> no. >> any phone calls with the president. >> i don't...
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tomorrow he'll speak with the house financial services committee and that testimony and likely tell lawconfirmation that inflation is slowing before cutting interest rates. what are you expecting? >> i totally agree with that, fed chair powell, he's been very consistent in what he said last week and i expect him to say it again this week, that we are making progress on inflation but he and other fed members want to see more than one or two months of progress, they want to make sure that progress is sustainably moving lower. those are the words that he has typically used. so i don't think we're going to get any more information out of powell. if he were to say that we could cut rates soon, that would be a big deal. i think he's going to remain pretty consistent and all eyes are going to be on what he says this week as well with cpi and ppi look like at the end of the week and what we saw last month it was the same kind of story. there was a lot of volatility and what to expect with regard to interest rate movements, based on what powell sa said and what inflation came out as. we'll keep
tomorrow he'll speak with the house financial services committee and that testimony and likely tell lawconfirmation that inflation is slowing before cutting interest rates. what are you expecting? >> i totally agree with that, fed chair powell, he's been very consistent in what he said last week and i expect him to say it again this week, that we are making progress on inflation but he and other fed members want to see more than one or two months of progress, they want to make sure that...
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he'll be speaking before the house financial services committee yesterday. you expect today. >> three critical questions, how's the economy doing, what is powell going to do on rates and where are earnings going which ultimately for me as an hot topinvestor, portfolio manager,u have to balance all three. mr. powell made clear there are changes in the i economy, things are slowing down, on the one hand, that's not great for earnings. on the other hand, that is good for inflation. so i think it's a balancing act. and what he and the rest of his colleagues at the fed have been be trying do is engineer the so-called soft landing where everything kind of comes in and you get down back on the deck of the aircraft carrier. maria: growth but not too hot. goldilocks. we called it the goldilocks economy. >> the goldilocks economy. it is kind of a goldilocks moment. i will also say, these are heady times. the market get can keeps going up. it's trading at 22 times earnings, the s&p 500, historically high. we need to see earnings grow, we need to see a little relief on
he'll be speaking before the house financial services committee yesterday. you expect today. >> three critical questions, how's the economy doing, what is powell going to do on rates and where are earnings going which ultimately for me as an hot topinvestor, portfolio manager,u have to balance all three. mr. powell made clear there are changes in the i economy, things are slowing down, on the one hand, that's not great for earnings. on the other hand, that is good for inflation. so i...
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Jul 10, 2024
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this is the house financial services committee. yesterday it was the senate banking committee.his morning that the fed does not need to see inflation return to its 2% annual target to consider lowering interest rates. so that's different than what he has been saying. waiting too long, he says, risks pushing the economy into a recession again. powell spoke before the senate banking committee yesterday. he has said that he wouldn't give specifics about when the fed would start cutting interest rates. that hasn't happened since july of last year, he says. it depends on data that comes in economic data, which we do have a key inflation report coming out tomorrow. these hearings are part of the fed chairman's semiannual address to congress on monetary policy. patelco now facing legal challenges as members accuse the credit union of failing to maintain appropriate cybersecurity, the class action lawsuit comes a week after the bank's data systems were breached. patelco says it's working around the clock to process transactions and expects to be caught up by the end of the week. one cu
this is the house financial services committee. yesterday it was the senate banking committee.his morning that the fed does not need to see inflation return to its 2% annual target to consider lowering interest rates. so that's different than what he has been saying. waiting too long, he says, risks pushing the economy into a recession again. powell spoke before the senate banking committee yesterday. he has said that he wouldn't give specifics about when the fed would start cutting interest...
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speaking to the house financial services committee, powell stressing here that while inflation remainsve the fed's intended target of 2, there are signs that the situation is improving. he said that the fed is making decisions meeting by meeting as they determine whether they can lower interest rates without sparking more price increases. the central bank is also keeping a very close eye on the job market for indications that the economy is cooling, in light of the progress made both in lowering inflation and in cooling the labor market over the past two years. >> elevated inflation is not the only risk we face reducing policy restraint too late or too little could unduly weaken economic activity and employment. >> wall street investors are hoping for an interest rate cut as early as september. powell telling the lawmakers today that the fed will make its decision based only on data and not any political factors. well, they should have been back on earth weeks ago, but two american astronauts are still at the international space station because of issues with the boeing starliner that
speaking to the house financial services committee, powell stressing here that while inflation remainsve the fed's intended target of 2, there are signs that the situation is improving. he said that the fed is making decisions meeting by meeting as they determine whether they can lower interest rates without sparking more price increases. the central bank is also keeping a very close eye on the job market for indications that the economy is cooling, in light of the progress made both in...
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and wednesday he does it again the house financial services committee will be his audience and that's all before thursday when we get the latest read on consumer inflation. june cpi followed by the june pp i, the producer price index is the sister of the consumer price index, and it gives you a sense of manufacturing and inflation at that level. all those potential catalysts plus the fact folks this really is sort of the first full week of trade of the second half of the year and it means it's time to buckle up for possibly heavier volume and kind of a rockier ride so let's get to the floor show. joining me now we've got private wealth management senior portfolio strategist david deets and new york stock exchange trader peter tuckman. nothing like a couple of head fakes to keep the bulls on their toes pod but if you stretch it back to the beginning of the year you correctly noted on this show that the momentum trade, us tech would lift us through the first half. what do you see for the second half now? >> you're talking to me? liz: yes, peter. >> okay, you know what first of all, you
and wednesday he does it again the house financial services committee will be his audience and that's all before thursday when we get the latest read on consumer inflation. june cpi followed by the june pp i, the producer price index is the sister of the consumer price index, and it gives you a sense of manufacturing and inflation at that level. all those potential catalysts plus the fact folks this really is sort of the first full week of trade of the second half of the year and it means it's...
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Jul 15, 2024
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want to go to congressman dan meuser, the pennsylvania congressman sits on the house financial services committee, republican. congressman, great to see you. we're going to get t t that hadsvp announcement, do you have any hint of who it is? >> neil, great to be with you. i'm out here at the welcome to wisconsin nra event. we've got ted nugent, don jr. , jim jordan, great americans here so thanks for having me on. well, i'm starting to hear the possibilities that was just mentioned that perhaps j.d. vance. we don't know for sure. fortunately we have a great number of people that were under consideration and from ben carson to tim scott to j. d. of course, to marco rubio, so apparently we're going to know for sure very soon so no sense in guessing at this point. neil: let me get your thoughts though on whether the attempt on the former president's life yesterday might have shaken things up. might have been closing in on one choice and maybe went another direction after that attack. what do you make of that? >> well i was there at the rally on saturday, and it was really a tragic situatio
want to go to congressman dan meuser, the pennsylvania congressman sits on the house financial services committee, republican. congressman, great to see you. we're going to get t t that hadsvp announcement, do you have any hint of who it is? >> neil, great to be with you. i'm out here at the welcome to wisconsin nra event. we've got ted nugent, don jr. , jim jordan, great americans here so thanks for having me on. well, i'm starting to hear the possibilities that was just mentioned that...
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powell is set to testify tomorrow before the house financial services committee.ction on wall street muted as the fed chairman tried to not give any near-term signals on interest rates. stocks hovered near all time highs, though they closed mixed. i was down 52 points. nasdaq up 25, s&p finished the day up by four. >> the jury is now seated for alec baldwin's involuntary manslaughter trial in new mexico. the deadly shooting took place nearly three years ago, right there on the set of the movie rust. opening statements are scheduled for tomorrow, but as fox's jonathan hunt reports, the defense actually did score a win today in court. >> mr. baldwin are you feeling confident today? alec baldwin walked into a new mexico courthouse tuesday for the first day of his trial over the shooting death of rust cinematographer halyna hutchins. inside, attorneys work to find 12 jurors who will determine if baldwin is guilty of involuntary manslaughter. >> everybody knows this case, but what they're looking for in jurors is if they can put all of that aside and just look at the e
powell is set to testify tomorrow before the house financial services committee.ction on wall street muted as the fed chairman tried to not give any near-term signals on interest rates. stocks hovered near all time highs, though they closed mixed. i was down 52 points. nasdaq up 25, s&p finished the day up by four. >> the jury is now seated for alec baldwin's involuntary manslaughter trial in new mexico. the deadly shooting took place nearly three years ago, right there on the set of...
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Jul 12, 2024
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>> well, look, let's just stick with house financial services committee.financial protection bureau has no guardrails on it related to the open-ended dodd-frank act of the last decade that allows them to just do anything. i think this gives us an opportunity to really direct the cfpb precisely how they should operate. this is the obligation of congress. some say this makes congress work harder. i hope we will. i'm a big believer in article one and our authority and not just deferring it to the regulatory agencies. i think you'll see that across the board. we were you can taking to chairman powell about basel 3 and making sure that reg regulay policy is in keeping with the direction of congress. congress has directed the agencies to tailor regulatory cost to depository institutions based on size and yet the agencies are running forward with european style ideas that congress has not approved so that's why i think we've got a great opportunity. maria: yeah, that is a great point. and i love getting into the weeds on policy with you, sir, because i know you'r
>> well, look, let's just stick with house financial services committee.financial protection bureau has no guardrails on it related to the open-ended dodd-frank act of the last decade that allows them to just do anything. i think this gives us an opportunity to really direct the cfpb precisely how they should operate. this is the obligation of congress. some say this makes congress work harder. i hope we will. i'm a big believer in article one and our authority and not just deferring it...
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Jul 10, 2024
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watch live coverage of this house financial services committee hearing beginning at 10:00 a.m.span 3, c-span now free mobile video app or online at c-span.org. >> c-span's campaign 2024, takes you live to milwaukee for our coverage of the republican national convention, tune in live monday as delegates from across the country gather to select republican nominee for president. watch as they lay out their priorities for the next four years and their party's vision for the future. the republican national convention live monday on c-span, c-span now or online at c-span.org. c-span, your unfiltered view of the convention. >> c-span is your unfiltered view of government. we are funded by these television companies and more including midco. where are you going? or maybe a better question is, how far do you want to go? and how fast do you want to get there? now we are getting somewhere, so let's go. let's go faster. let's go further. let's go beyond. midco supports c-span as public service along with these television providers giving you a front-row seat to democracy. >> next democrati
watch live coverage of this house financial services committee hearing beginning at 10:00 a.m.span 3, c-span now free mobile video app or online at c-span.org. >> c-span's campaign 2024, takes you live to milwaukee for our coverage of the republican national convention, tune in live monday as delegates from across the country gather to select republican nominee for president. watch as they lay out their priorities for the next four years and their party's vision for the future. the...
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she's appearing here before the house financial services committee. live coverage here on c-span. >> we also believe the strength of our response to putin has been that we have a global alliance that has worked together in support of ukraine. so we have looked for an approach that our allies, particularly the g-7 and the european union, could be supportive of that would deliver significant revenues to ukraine. and as i think you know the g-7 leaders in june did -- >> i do. i know, madam secretary. let me reclaim my time just to use it effectively. i thank you for your leadership. but the rico act does give more strength. we should be leading and using that full tool, because we know the support is there in europe, it will provide that leadership. what's the total amount, now that you've had two months of frozen russian central bank assets held in the federal reserve here in the united states? secretary yellen: it's a relatively small amount. >> i understand that. could you give us the amount, please, ma'am? secretary yellen: it's on the order of $5 bi
she's appearing here before the house financial services committee. live coverage here on c-span. >> we also believe the strength of our response to putin has been that we have a global alliance that has worked together in support of ukraine. so we have looked for an approach that our allies, particularly the g-7 and the european union, could be supportive of that would deliver significant revenues to ukraine. and as i think you know the g-7 leaders in june did -- >> i do. i know,...
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financial services committee. these events e ailable on the c-span now app, or online at c-span.org. >> nonfiction book lovers, c-span has a number of podcasts for you. this into best-selling nonfiction authors on the after words podcast, and on q&a, or conversations with nonfiction authors making things happen. "booknotes+" episodes are weekly hour-long conversations that feature fascinating authors of nonfiction books. and the about books podcast takes you behind-the-scenes of the nonfiction publishing industry with insider interviews, industry updates and bestsellers lists. find our podcasts by downloading the free c-span now app or wherever you get your podcasts, and on our website, c-span.org/podcasts. >> federal reserve chairman jerome powell discussing the need for more positive economic and inflation data before interest rates can be reduced. chairman powell talks about capital requirements for banks and the economic impact of illegal immigration. he made remarks during the fed's semi annual monetary polic
financial services committee. these events e ailable on the c-span now app, or online at c-span.org. >> nonfiction book lovers, c-span has a number of podcasts for you. this into best-selling nonfiction authors on the after words podcast, and on q&a, or conversations with nonfiction authors making things happen. "booknotes+" episodes are weekly hour-long conversations that feature fascinating authors of nonfiction books. and the about books podcast takes you...
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economy before t house financial services committee. these events are also available on the c-span now video app or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gathered to select the republican nominee for president. watch as it lay out their priorities for the next four years and their parties vision for the future. the republican national convention live monday on c-span, c-span or online at c-span.org. c-span unfiltered view of the conventions. next from the campaign trail former president trump speaking to supporters in doral florida where he criticized president biden and vice president harris on crime and the border and also commented on president biden's mitchell acuity. this campaign event comes less than a week before the republican national convention that set to begin in the walking when the former president is expected official except the 2024 gop presidential nomination. this is an
economy before t house financial services committee. these events are also available on the c-span now video app or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gathered to select the republican nominee for president. watch as it lay out their priorities for the next four years and their parties vision for the future. the republican national...
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Jul 24, 2024
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joining me tennessee congressman andy ogles the house and financial services committee in-house freedomreat to see you, thank you for being with me. i have your articles of impeachment against kamala harris tell us where this goes next. we have benjamin netanyahu here today and we will recess for much of august and the beginning of september so there will be apposite. and obviously i will push to bring these up but we have a crisis at the southern border and were being invaded in the streets are being poisoned by fentanyl and crime is run rampant, she was the borders are i'm talking about kamala harris and we have to hold her accountable and defining her for her failures. maria: in terms of the border, do you believe this would be the priority for the trap of administration. >> i cannot speak for the trump administration but i have an oath to uphold as a member of congress we have an officer of this government that is not done their job, they betrayed the american people, young mayors in chicago in new york city please stop the fentanyl crisis in closer border. were being compelled to d
joining me tennessee congressman andy ogles the house and financial services committee in-house freedomreat to see you, thank you for being with me. i have your articles of impeachment against kamala harris tell us where this goes next. we have benjamin netanyahu here today and we will recess for much of august and the beginning of september so there will be apposite. and obviously i will push to bring these up but we have a crisis at the southern border and were being invaded in the streets...
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Jul 7, 2024
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debt before the house financial services committee. thiss
debt before the house financial services committee. thiss
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Jul 10, 2024
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economy watch live coverage of t house financial services committee beginning at 10:00 a.m.eastern on c-span three, sees that and out freak mobile video app or online at c-span.org. c-span campaign 2024 takes you live for our coverage of the republican national convention tune in live delegates from across the country the republican nominee for president. watch as they lay out their priorities for the next for your support his vision for the future. republican national convention live on monday on c-span c-span now or online at c-span.org. c-span your unfiltered view of the convention. c-span as your unfiltered view of government funded by these television companies and more including comcast. >> you think this is just a community center it is way more than that. comcast is part of the 1000 community centers to create wi-fi so students from low-income families and get the tools they need to be ready for anything. comcast support c-span as a public service alo these other television providers giving you a front row seat to democracy. senate minority leader mitch mcconnell of
economy watch live coverage of t house financial services committee beginning at 10:00 a.m.eastern on c-span three, sees that and out freak mobile video app or online at c-span.org. c-span campaign 2024 takes you live for our coverage of the republican national convention tune in live delegates from across the country the republican nominee for president. watch as they lay out their priorities for the next for your support his vision for the future. republican national convention live on monday...
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financial services committee.or a first on cnbc interview you will not want to miss with the founder and ceo of sky dance and gerry cardinale the founder of redbird talking their deal with paramount. it's going to be a big one. we're a little bit higher again, s&p up a thirds of 1%. nasdaq up half a percent because tech is leading again today. amd on semi, micro chip technologies, micron, nvidia yes, higher again. week-to-date nvidia up almost 6%. the ten year treasury note yield, there's buying of treasuries. wholesale trade numbers are crossing the table, let's get to rick santelli with the numbers. hi, rick. >> hi, sara. we're getting our final read on the inventories, the mid month read was up .6%. it remains up .6%. what is noteworthy there is that is the biggest inventory amount on a month over month basis going back to august of '22. we know that inventories, of course, potentially are building. it depends on what type of demand it meets. on the sales side, this is a fresh number for me. up .6%. that follow
financial services committee.or a first on cnbc interview you will not want to miss with the founder and ceo of sky dance and gerry cardinale the founder of redbird talking their deal with paramount. it's going to be a big one. we're a little bit higher again, s&p up a thirds of 1%. nasdaq up half a percent because tech is leading again today. amd on semi, micro chip technologies, micron, nvidia yes, higher again. week-to-date nvidia up almost 6%. the ten year treasury note yield, there's...
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this morning, he is addressing the house of financial services committee today.earance comes after he spoke before the senate banking committee yesterday, but said he would not give specifics on when the benchmark interest rate would be cut. the hearings are part of the chairman's semiannual address to congress on monetary policies. we'll have updates when we get them and share them with you. >> patelco is now facing legal challenges as members accuse the credit union of failing to maintain appropriate cyber security. the class action lawsuit comes over a week after the bank's data systems were breached. patelco says it's working around the clock to process transactions, and expects to be caught up by the end of the week. one customer says she's doing okay without having much cash on hand, but the data breach has re-emphasized an important lesson for her family. >> no, it wasn't frustrating for me. it was for my grandson, though he was very shocked and upset. but now he learned a lesson. i told him, have two accounts, then you don't have to worry about it. >> for
this morning, he is addressing the house of financial services committee today.earance comes after he spoke before the senate banking committee yesterday, but said he would not give specifics on when the benchmark interest rate would be cut. the hearings are part of the chairman's semiannual address to congress on monetary policies. we'll have updates when we get them and share them with you. >> patelco is now facing legal challenges as members accuse the credit union of failing to...
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Jul 11, 2024
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she testified on the state of the international financial system before the house financial services committee. responded to questions about president biden's health saying he was extremely effective and at meetings that hearing runs at just under three hours. [background noises] the committee will come to order. without objection shares authorized to declare recess of the committee at any time the hearing is titled the annual testimony of the secretary of the treasury on state of the international and agile system. that objection five legislative days with which to extrude submit extraneous material for for inclusion i will note the outset of the hearing a hard stop at 1:00 p.m. which we will strictly observe. i don't recognize myself or for performance given opening statement. secretary yellen i appreciate you being here today. from europe, to the middle east, to ensure global and rest is quitting additional challenges for the international financial system. the rising risks of emerging from our own domestic failures here at home. recently warned u.s. at deficits and debt present a
she testified on the state of the international financial system before the house financial services committee. responded to questions about president biden's health saying he was extremely effective and at meetings that hearing runs at just under three hours. [background noises] the committee will come to order. without objection shares authorized to declare recess of the committee at any time the hearing is titled the annual testimony of the secretary of the treasury on state of the...
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Jul 9, 2024
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secretary janet yellen speaking the house financial services on the same day at the same time.ly holding it together is lauren goodwin of new york live. to the both of you, thanks for being with us. lauren, what are you expecting to hear from chairman powell in about 90 minutes? >> now a heck of a lot. i think he is going to tow the line, do some basic explaining of where the economy has been, where inflation has been. i don't think we're going to get a clear monetary policy signal from him. however, i do believe even getting a clear signal from the data. we all know that the fed cares about price stability, full employment. what we've been looking for in terms of signaling the next rate cut are things like stable inflation expectations, inflation moving lower, unemployment rate breaking 4%. i think the fed will want to see one more month confirming that turn but i expect september is on the table for the first rate cut. jonathan: lastly chairman powell set the labor market is strong and then give them time. that is a reason to wait. do you share that view, that analysis? >> th
secretary janet yellen speaking the house financial services on the same day at the same time.ly holding it together is lauren goodwin of new york live. to the both of you, thanks for being with us. lauren, what are you expecting to hear from chairman powell in about 90 minutes? >> now a heck of a lot. i think he is going to tow the line, do some basic explaining of where the economy has been, where inflation has been. i don't think we're going to get a clear monetary policy signal from...
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Jul 10, 2024
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economy before the house financial services committee. live coverage here on cspan3. >>> despite president biden's gas lighting inflation was not 9% when he took office. it was out of control inflation we are experiencing now is something that this administration did not inherit, but as a product of their policies and overspending. the nearly $2 trillion partisan and fiscally reckless spending as a part of the american rescue plan for fuel on a smoldering inflationary fire. after a delayed response to runaway inflation they acted with a historic pace of interest rate hikes to ease the pain caused by democrats failed economic policies. it is a response and not the actual disease they are trying to tame these flames, but a response to democrat policies on capitol hill. so far this year inflation has been more persistent than many including previously expect. there is still work to be done to reach the target. as i repeatedly said, i think the commitment is of utmost importance and vertical especially in a political year like this. just as y
economy before the house financial services committee. live coverage here on cspan3. >>> despite president biden's gas lighting inflation was not 9% when he took office. it was out of control inflation we are experiencing now is something that this administration did not inherit, but as a product of their policies and overspending. the nearly $2 trillion partisan and fiscally reckless spending as a part of the american rescue plan for fuel on a smoldering inflationary fire. after a...
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Jul 11, 2024
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this hearing from the house financial services committee is three hours. the committee will come to order without objection authorized to declare a recess at any time. the hearing is titled federal reserves monetary policy report. we like creative titles into that is the traditional title. without objection members have five legislative days within which to submit materials. the hearing has a hard stop at y observe. i will now recognize myself for an opening statement. thank you for being back with us today. as the prices increase more than 20% inflation remains top of mind for american families. in fact only a quarter of americans describe the current economic conditions as good or excellent according to the most recent data from the economic confidence index. despite presi gas lighting inflation was not 9% when he took office. it was out of control inflation we are experiencing now is something that this administration did not inherit, but as a product of their policies and overspending. the nearly $2 trillion partisan and fiscally reckless spending as a
this hearing from the house financial services committee is three hours. the committee will come to order without objection authorized to declare a recess at any time. the hearing is titled federal reserves monetary policy report. we like creative titles into that is the traditional title. without objection members have five legislative days within which to submit materials. the hearing has a hard stop at y observe. i will now recognize myself for an opening statement. thank you for being back...
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Jul 10, 2024
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powell testified before the house financial services committee at 10:00 a.m.erday for you that you think needs to be addressed? lisa: it was interesting that in his prepared remarks, he talked about fed independence in this aggressive way. a new type of reassertion of that, raising questions about the political threats he's under. he came out yesterday and said he wouldn't give any indication on forward guidance. i think it will be tricky for them to get anything out of them , but i would press him on the politics of the moment given the tariffs in the immigration issues and understanding where they are now and the labor market and where it is cooling and driving. those things could make a big difference. annmarie: there's the upper chamber of the senate and the lower chamber of the house and sometimes people expect more substance. lower chamber, moore theatre on the politics. powell didn't bite, yesterday. i agree with you, these kinds of policy changes around immigration and tariffs, inflation because of fiscal spending, he won't want to make comments on it
powell testified before the house financial services committee at 10:00 a.m.erday for you that you think needs to be addressed? lisa: it was interesting that in his prepared remarks, he talked about fed independence in this aggressive way. a new type of reassertion of that, raising questions about the political threats he's under. he came out yesterday and said he wouldn't give any indication on forward guidance. i think it will be tricky for them to get anything out of them , but i would press...
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Jul 26, 2024
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services committee's. congressman, think of being. you heard the former president say vice president harris' comments after she met with the prime minister were "disrespectful" he went on to say he has a good relationship and would have a good relationship with israel should he be president again. what is your take from those remarks and what you have seen over the past couple days? >> a few things number one the disrespect started when kamala harris did not greet netanyahu when he landed in the states and jericho she passed her doing her job the presiding officer of the senate to be in the house chamber for the joint session of congress when bb net now was addressing the united states of america. i think it was all tepid at best when the democratic party has a major problem with respect to israel and anti-semitism. have a large voting bloc in their party that does not want israel to be a free nation. they don't want israel to be able to protect itself. and to prosecute this war against hamas. so this is w
services committee's. congressman, think of being. you heard the former president say vice president harris' comments after she met with the prime minister were "disrespectful" he went on to say he has a good relationship and would have a good relationship with israel should he be president again. what is your take from those remarks and what you have seen over the past couple days? >> a few things number one the disrespect started when kamala harris did not greet netanyahu when...
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Jul 11, 2024
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this hearing from the house financial services committee is three hours. with prices increasing more than 20% since president biden took office, inflation remains top of mind for american families. only a quarter of americans describe current economic conditions as good or excellent according to the most recent data from gallops economic index. despite president biden's gas lighting, inflation was not 9% when he took office, the out-of-control inflation we are experiencing now is something that this administration did not inherent, but as a product of their policies and their overspending. the nearly $2 trillion partisan and fiscally reckless spending as a part of the american rescue plan port fuel on a smoldering inflationary fire. after a delayed response of runaway inflation, the fomc has acted with a historic pace of interest-rate hikes to ease the pain caused by democrats failed economic policies. it is a response, not the actual disease, but the response the fed is trying to tame these claims. but it's the response to democrat policies here on capito
this hearing from the house financial services committee is three hours. with prices increasing more than 20% since president biden took office, inflation remains top of mind for american families. only a quarter of americans describe current economic conditions as good or excellent according to the most recent data from gallops economic index. despite president biden's gas lighting, inflation was not 9% when he took office, the out-of-control inflation we are experiencing now is something that...
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judiciary and financial services committees.xtreme comments coming from your colleagues on the left in the wake of the court's dec decision. >> were talking about a 6 - 3 decision. it's unbelievable to me in a little bit dangerous for not only the president of the united states but the majority leader in the senate and certainly my colleagues in the house and over the top with the snap reaction to what i think is a very measured ruling that justice roberts has become known for. it's a little bit dangerous. cheryl: editorial board of the wall street journal writes this this is all a blinkered view that ignores the long run application for the american republic, the majority rightly focuses on the institution of the presidency and the ability of all presidents, not only the last one to act in the national interest free from prosecution for official acts, the broader picture which justice roberts did write about in his opinion, why is that being lost on your colleagues? >> absolutely no problem that i think, president trump had a n
judiciary and financial services committees.xtreme comments coming from your colleagues on the left in the wake of the court's dec decision. >> were talking about a 6 - 3 decision. it's unbelievable to me in a little bit dangerous for not only the president of the united states but the majority leader in the senate and certainly my colleagues in the house and over the top with the snap reaction to what i think is a very measured ruling that justice roberts has become known for. it's a...
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Jul 13, 2024
07/24
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always good seeing you, house financial committee services member, congressman tom emmer. a lot coming up including not all political. alec baldwin, that whole case against him dropped, thrown out. we'll tell you why after this. >> or your motion to dismiss with prejudice if is granted. [background sounds] [floor creaks] [door creaks shut] (♪) (♪) (♪) relax, you booked a vrbo. (♪) (reporters) over here. kev! kev! (reporter 1) any response to the trade rumors, we keep hearing about? (kev) we talkin' about moving? not the trade, not the trade, we talking about movin'. no thank you. (reporter 2) you could use opendoor. sell your house directly to them, it's easy. (kev) ... i guess we're movin'. neil: case dropped, alec baldwin relieved. mercedes colwin to make sense of it all. what happened here, mercedes? >> well, it's pretty remarkable. it is a great outcome for the defense and kudos to alex spirit wrote who i've known as a spectacular lawyer. it all a boils down to this, every single individual who's accused of a crime has the constitutional right to a fair trial. but if y
always good seeing you, house financial committee services member, congressman tom emmer. a lot coming up including not all political. alec baldwin, that whole case against him dropped, thrown out. we'll tell you why after this. >> or your motion to dismiss with prejudice if is granted. [background sounds] [floor creaks] [door creaks shut] (♪) (♪) (♪) relax, you booked a vrbo. (♪) (reporters) over here. kev! kev! (reporter 1) any response to the trade rumors, we keep hearing...
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Jul 15, 2024
07/24
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a member of the house financial services and judiciary committees, congressman, thanks very much forh us. >> you bet. maria: what did you make of what you heard from jen psaki, she's putting it on republicans, tone down your rhetoric. >> it's unbelievable. as a member of the judiciary committee, it gets rough and tumble and we go back and forth and there's a altogether of personalities obviously on judiciary but we get a steady diet of them attacking president trump. so the idea that it's just the republicans that somehow would be making those types of comments, it's kind of -- it's difficult for me to hear, knowing what we've been going through over the last two years. maria: we know that over those last several years everything they say trump is doing or the political enemies are doing, they're actually doing. >> absolutely. and i think that it's almost like when the president certainly says something about democracy, and saving democracy, the echo chamber is ready to go. the average rank and file member is out there on the steps of the capitol, kind of with the talking points, onc
a member of the house financial services and judiciary committees, congressman, thanks very much forh us. >> you bet. maria: what did you make of what you heard from jen psaki, she's putting it on republicans, tone down your rhetoric. >> it's unbelievable. as a member of the judiciary committee, it gets rough and tumble and we go back and forth and there's a altogether of personalities obviously on judiciary but we get a steady diet of them attacking president trump. so the idea...
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Jul 10, 2024
07/24
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watch the house financial services committee hearing tonight at 9:00 eastern on c-span. c-span now, our free mobile app. or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gatter to select their republican nominee for president. watch as they lay out their priorities for the next four years and their party's vision for the future. the republican national convention live monday on c-span, c-span now or online at c-span.org. c-span, your unfiltered view of the convention. c-span has been delivering unfiltered congressional coverage for 45 years. here's a highlight from a key moment. >> i will to meet you. c-span, powered by cable. >> c-spa is your infiltered view of government. we're funded by these television companies and more, including cox. >> when connection is needed most, cox is there to help. bringing affordable internet to families in need. new tech to boys and girls club. and support to veterans. whenever and wherever it mat
watch the house financial services committee hearing tonight at 9:00 eastern on c-span. c-span now, our free mobile app. or online at c-span.org. >> c-span's campaign 2024 takes you live to milwaukee for our coverage of the republican national convention. tune in live monday as delegates from across the country gatter to select their republican nominee for president. watch as they lay out their priorities for the next four years and their party's vision for the future. the republican...