herrera beutler: context, context. i appreciate it. thank you. >> mr. chairman, thank you very much for your equanimity, you're strong and stable leadership, and for providing the most straightforward answers of anybody we talked to. the economic club of new york, the president continued his criticism of the fed, saying it put the u.s. at a competitive disadvantage and floated the idea of negative interest rates. you take comments from public officials into account when implement monetary policy? is there any president in u.s. history for this kind of criticism or praise from an american president? chair powell: we look exclusively at the data, at the research, at the performance of the u.s. economy. very careful and thoughtful process that has been developed over decades, over a century. that is how we try to set interest rates. we do not consider political factors in what we do. i have a friend in switzerland who went to borrow $10 million and got a negative interest rate. they are paying him $30,000 a year to borrow $10 million. you see any prospect

context,era beutler: context, context. i appreciate that. i will yield back. >> mr. chairman, thank you for your equanimity, and for providing the most straightforward answers of anybody we talk to. yesterday the economic club of new york, the president continued his criticism of the fed, saying it put the u.s. at a competitive disadvantage. he also floated the idea of negative interest rates. do you take comments from public officials into account when implement ring monetary policy? policy?menting monetary chair powell: we look exclusively at the data, at the research, and at the performance of the u.s. economy. we have a careful, thoughtful process that has been developed over decades, over a century, really. that is how we set interest rates. we don't consider political factors in what we do. rep. beyer: i have a friend in switzerland who went to borrow $10 million and got a negative interest rate. they are paying him $30,000 a year to borrow $10 million. do you see any prospect for negative interest rates in the u.s. economy? chair powell: negative interest rate

a few meters or take a road parallel to the main road the exposure is already significantly lower beutler new thing up. 65 cities in germany regularly exceed limits cannot treat an upside emissions produced by diesel vehicles the values are particularly high in munich stuttgart and cologne. a you environment commission a common avella took germany and 5 other countries to court. some of the pm compliance had to be. in 2000. and 5 the complains for to be in 2010 so i think we've waited a long time and we cannot possibly wait any longer we cannot have plans which are telling us that compliance might be sometime even after 2027 after 2025 times so these were the main reasons. the most effective way to rapidly cut nitrogen oxide pollution is to ban diesel cars from roads with the government dragging its feet the organization environmental action germany began suing the 65 affected cities to force them to stay within the e.u. pollution limits the 1st verdict was handed down in in early june 2800 and became the 1st german city force to take action by an administrative court. just one model of t

that's why i have introduced along with congresswoman herrera beutler, the fire department proper response and equipment prioritization act. this bipartisan legislation shows that our brave first responders have federal grants and support the specialized training and equipment necessary to respond to rail based incidents. making safety of our communities a priority. i yield back. the speaker pro tempore: for what purpose does the gentleman from minnesota seek recognition? >> mr. speaker, i ask unanimous consent to address the house and revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise today to address the critical need to pass the usmca, a trade agreement for the 21st century. the usmca will expand our markets, add $63 billion to the economy, and create 176,000 new jobs with thousands of those jobs coming to minnesota. when i am back in minnesota's eighth congressional district meeting farmers, workers, and business men and women alike, i'm often asked, why congress has not passed the usmca even thou