professional, highly experienced, good people with a lot of integrity. they will call the thing as it should be called. i would be happy to hear from the politicians. i would like to hear their views in here were they have to say. they should not be taking orders from the politicians. the politicians should not be making decisions for them. if we do not do those things, we will always have these types of problems in banking. i do not know if we can eliminate banking problems. we are doing so far. host: this is william isaac, the federal deposit and corporation here to talk about the state of the banking as he sees it. thanks for your time and input.

guest: i enjoyed it. i enjoyed your listeners. they all had great questions. host: that is it for the program. another -- of "washington journal" comes your way tomorrow morning. ♪ >> the national league of cities host the impact of federal legislation has on local governments. watch coverage starting at 10:15 a.m. on c-span eastern. >> congress returns for

legislativeork, the house isn't back at noon time today. members will vote later in the week on energy legislation to try to increase oil and gas production and speed up the permanent approval progress. lawmakers will continue working on legislations to repeal the 1991 and 2000 two authorization for the use of military force against iraq. the vote on final passage is expected at the end of the week. a quick reminder you can watch all of our congressional coverage with our free video app or online at c-span.org. term, the house is set to take up energy legislation they introduced a couple of weeks ago. remind with the house is proposing on energy legislation3 guest: house republicans, it is

their top legislation, hr one which show significance, plan to unleash american energy. it's a direct response to president joe biden and the democrats they say are hampering american energy production and want to ease the permitting process and make it easier to drill on federal land and state lands, all of the above approach, making it more difficult for the president to cancel an energy plan. host: as far as the elements of hr one, it would promote natural gas experts and permitting related to exports and repeal the democrats methane fee and not allow states to block projects. as far as what spread risk did this report, or all republicans

on board? >> guest: it's our understanding this will be ready wide republican support is nothing too out of the mainstream. last week, the parents bill of rights had five republicans voting against it but i don't expect any republicans to vote against this energy package. in terms of demo rats, chuck schumer has said it's dead on arrival in the senate to don't -- so don't hold your breath on this getting past. host: any senate chances or could they agree on some elements of this proposal? guest: there was some talk of permitting reform last august. there is never enough consensus among democrats and republicans and they are repeating republican and democratic plans. the permitting reform probably has the best chance to reach some sort of compromise. as we saw last congress, that is

a challenge to get across the finish line. host: you mentioned the passage of the parental rights bill last week. it will probably go nowhere in the senate and chances are the energy bill will do the same. what's the point they are making on this? guest: they want the majority and they want to say to their voters that we are doing something. we promised we would reform the way americans deal with energy. gas prices, costs and cost-of-living, an essential point of the republican economic when his we need to lower inflation. they want to unleash energy so as a messaging bill. in a divided government, it's a message. host: a messaging bill on parents rights and energy this week. what other messaging bills can we expect in the next couple of months? guest: for now, this is the low hanging fruit.

we will see more fights in the future over immigration and border security. those bills are not a slamdunk. gop leaders have had to postpone a markup on border security/immigration package. that's now being postponed to after the april recess. the republicans are passing their signature proposals and they want to know they have the votes. after the april recess, we will head down to the harder work including immigration and then they will turn to government spending and the debt limit. host: max cohen is with us until 8:30 a.m. you can call us and talk to him. you can text us as well. we sought republicans meet in orlando last week to talk about

these presentations. what's the mood among the caucus? guest: one of the main takeaways i had is they are in a good mood, they are in the majority. in the first week of january, we saw elongated speaker speeches. kevin mccarthy was flanked by his leadership team. host: things are going better for mccarthy. there is a widespread optimism that they have the majority and the chairmanship and sending out subpoenas. i would caution that the easy stuff has happened and have a harder stuff happens. they have to negotiate the spending deal with president biden. there may be warning signs ahead. host: we saw the president call

for republicans to release their budget in light of him releasing his. we're republicans on that? guest: president joe biden was late on his budget and republicans have an opportunity. they will say they are in no rush. there seems to be some discrepancy among the house committee chair and speaker mccarthy. the house said they will release a term sheet. and republicans might not want to raise the debt limit. a little bit of confusion. we will hear that more clarity hopefully. they said it's a complex process that will take a little while. we can expect a counterproposal in the coming months. host: also a list of demands, what kind of things are they looking for? guest: republicans want to return spending two fiscal year 2022 levels.

that would equate to around a $130 billion that and that's the big conversation. they want the white house to agree to cut federal spending. the white house and democrats are responding and saying that would amount to cutting money for working families, veterans and seniors. we will have to see the republican proposal. they say they can cut waste. host: this is from phoenix, arizona, our independent line. go ahead. caller: a good show as always. i would like to see them focus more on stuff like still -- like social security

the whole woke agenda, which in some ways is good, most places it is negative.

mccarthy was not too fond of it going into it. i think they should focus on not focusing on the woke agenda. i think they should pump the brakes on focusing on stuff that is relevant and needs to be addressed. guest: the social security you mentioned is not to be essential to these cuts. republican administration said they do not want to cut social security. we saw the republican response stood up and said, that is not true. a coming fight is going to be over. how do you get these budget cuts that republicans are calling for without touching entire programs, like medicare and

social security, which constitutes a large portion of the budget. host: when has the deadline been established for the debt ceiling? guest: a nebulous deadline. the treasury apartment does not know when the treasury department will run out of its measures. that is the step it is taking to avoid a default. yellen has said around june, but the number can change. we are expecting a summer deadline. host: we had about the initial conversation about the house speaker in president biden, to what extent are any conversations happening between the two men and how to resolve the budget issues? guest: there was the initial leasing and eventually silence -- initial leasing and eventually silence. after the first, there was less optimism. since then, there has been nothing.

what mccarthy says, biden needs to call me up. biden says, i need to see your budget first. there's is really not discussions happening. there is the initial waiting and now there is silence. i expected not to be another meeting. host: this is mike. caller: i think the debt ceiling should be stop. i think the $1.7 million that the democratic party did, that should be with the government needs to work on. i think what the democratic party did with nancy pelosi is to control. everything should be sickened back and replaced. all of the democratic party wants to do is take people and die them to diversity, equity

and inclusion. joe biden believes that all white people against the government. host: we will leave it there. guest: you look at the republican messaging points, although they would not put it like the color, he discussed the areas in which he wants to cut funding. he mentioned the diversity, inclusion programs. he says there's a lot of these programs which they think are not necessary but wants to cut. that is a federal argument. they are focusing on programs. host: how do student republicans look at what is going on in the house side? guest: house republicans take it

away. they are the majority. the senate is happy to take the back seat for now. the closer we get to the debt limit deadline, the seed is continuing and they will get more concerned. they will may try to answer themselves. he is going to lessen her mccarthy -- cements mccarthy take the lead here. host: a technical question from reviewer in california asking if they has of democrats working with republicans to pass a discharge to raise a debt ceiling. guest: that has been shutdown. republicans, even the most moderate republicans in the house. dusty johnson, one of the leaders of the mainstream caucus has essentially said no republicans are going to

support. there will not be a discharge resolution if there's going to be a debt ceiling height, they are going to have to be corresponding demands met by the democrats at the white house. host: tim is in myrtle beach, south carolina. caller: i have a quick comment in quick question. i do not want to c-span anymore, i used to back in the 80's. does anybody know with the true inflation numbers are. the guy was skewing it yesterday going from 0% in 2020. i think at the proper individual it was probably close to 10%. when they are talking about unemployment and cutting all of the social security end all of

that, that is a bunch of bull krapp. this anybody know why the participation rates have fallen since covid of march of 2020. no one is accounting for millions of people that have not gone back to work since biden put $4 trillion on the street, that was worthless printed money. does anybody have the real numbers on that? i will let you try to answer that. guest: the bureau of labor of statistics have the best numbers on that. i would encourage you to go to the website. that is their job to manage the workforce and keep tabs on this. i think it is running high right now. it is not at its peak. inflation, we have seen the numbers down in recent weeks, but still very high. host: