vasylchenko is a member of the committee on finance, tax and customs policy. oleksiy kucherenko is the first deputy chairman of the committee of the verkhovna rada of ukraine on energy and housing and communal services and the minister of kg in the seventh and tenth years, well, let's get started. we and mrs. vasylchenko get ready. and where, so to speak , the pitfalls for our economy can hide. because in fact we find ourselves in a situation where two economies will try to work as one that is, various bureaucratic and fiscal obstacles will be minimized. first of all, i want to say that poland has shown itself to be a true friend, and since the full-scale invasion and russian aggression for more than three months, the poles have been actively helping ukraine in various ways, including by military means. and humanitarian missions and we see how they receive our temporarily displaced persons and any steps in the direction of strengthening cooperation between ukraine and poland. i consider it a positive trend and very i hope that we will be able to establish effec

marchenko of the people's deputy olga vasylevska smagliuk e-e , members of the committee on finance, and customs policy, congratulations you good evening actually ms. olga, we will discuss with you where to get funds for the state budget, because now there are a lot of conversations, and in particular, a registered bill in the parliament on tax refunds to the pre-war level and perhaps even for some positions an increase is expected, explain to us what to expect from the tax policy sanctions for ukrainians, how will the state actually earn a lot in your question and here you can talk for a long time about each of them the main thing i believe is that really we have a question about how to ensure what is guaranteed by the ukrainian constitution. i mean pensions, other social guarantees, e.e., payments for the disabled, payments for internally displaced persons , housing for internally displaced persons, etc. yesterday it was very difficult for 7 days, the day before yesterday at the meeting of the verkhovna rada it was decided that the state allocated uah 257 billion, the lion's share

and with us in touch is olga vasiletska smaglyuk, people's deputy of ukraine, member of the committee on financeand customs policy. good night, greetings to you, and first of all, i must inform you that there is an air alert in the chernihiv region at this very moment. so, citizens of chernihiv, please go to the shelter of the civil protection, ms. olga, i have a question for you about what we talked about the damage, but dima rather spoke not about the damage, but about in the future, one voiced information about the fact that terminals will be built on the border with the european union, where the grain will be transported from, whether such work has already begun and how many such terminals are planned in which regions. if this is not confidential information which should not be heard by the enemy, please. you and i have enough food products that can be available and destroyed by the enemy, so the situation is about where they will be built . so that there would be no problems. then we have these control points regarding the actual losses and where the terminals should be built and how they s

increased during the full-scale war of russia against ukraine, said the head of the council committee on finance and customs policy, danylo hetmantsev, how do you assess this share of the shadow economy, or according to hetmantsev growth of gdp by two or three percent per year above the estimates is evidence of the success of childization, now we can talk about this success, well, this is an absurd statement, what is the planned fall of 44 or 20% or 15%. absurd statement i absolute ignorance of the history of the theory of er-e taxation er-e and it is obvious that during the war the specific weight of the shadow economy increases and this er-e why because the state cannot organize, sometimes it cannot, sometimes it does not want to adequately organize a system of tax relations, as a rule, during war it is necessary to radically reduce taxes and simplify the system, i proposed my model, so what should be done and how it should be done as simple and profitable as possible for everyone, i.e. video business investors for additional risks from the war can only be reduced, the answer can there should

where the laws work the best, for example, it seemed like there are data from the ukrainian committee on financehovna rada, according to their data, 50% of the ukrainian alcohol market is 50% - that's half of it is in the shadow, well, roughly speaking, in the basements, they are developing like this 12% are called the data of ukrainian cigarettes in shadows, for example. yes, if you look at the paper. yes, we officially do not have drugs in ukraine at all, but for some reason they are there, and it seems to me that they regularly report that drug addicts have been detained there. so that it is possible to raise this money and ask sergey the question of what business looks like in general on the er legal there, for example, in medical cannabis on the recreational er in the world and er, how does it compare with, for example, the shadow black market er of the same er drugs on the basis what kind of money is it, that is, what kind of money is there? answer he a-he will manipulate some data, that is, look, ukraine is not the first, i want to tell you right away . asia is the same over there uzbekis

this was reported by a member of the committee on finance, tax and customs policy, yaroslav zheleznyak. the draft law was drafted in the first reading so far , in general, during martial law and within six months after its cancellation, it will be prohibited to increase the cost of gas delivery and valuable heating, to charge more for hot water and gas such a legislative initiative such a legislative the initiative will cost us uah 264 billion from the budget, the leaders of the european union will think about how to impose sanctions on russian gold, this information appeared after switzerland bought 3 tons of yellow metal from the aggressor countries for the first time after the full-scale invasion of ukraine. companies have already refused to cooperate with the kremlin after gold trading was banned by the london stock exchange, let me remind you that this is the main platform for selling gold in the world, experts point out that the leaders of the european union are discussing a complete ban on the purchase of enemy metal already during right here on june 23-24 well, the traditional

right now yaroslav zheleznyak, people's deputy of ukraine and first deputy chairman of the committee on financeh with us and joins our conversation we welcome mr. yaroslav to our broadcast. good afternoon. well, let's actually start with the main results of the important initiatives adopted by the parliament this week, which will undoubtedly affect the life of every ukrainian . talk to mr. zhelezhnyak and let's start with it is most certain that for ukrainians it is disturbing so among the draft laws that the verkhovna rada considered this week 74:18 amendments to the tax code in the section on the abolition of exemption from customs duties and vat taxation of imported goods, including cars, in fact, the verkhovna rada the council returns customs duties and vat taxation on imported goods, and in particular on customs clearance of cars e 234 for this government draft law and actually it is about what the customs office analyzed and decided that a large number the goods that were exempted from us are not essential items and those that ensure the uninterrupted operation of the economy, but they we

this was reported by yaroslav zheleznyak, a member of the committee on finance, tax and customs policy . charge more for hot water and gas, such a legislative initiative will cost the state budget more than uah 264 billion, the national currency depreciates due to the printing press the war forced the national bank to print money this was reported by the deputy chairman of the national bank of ukraine serhiy nikolaychuk, however, such an additional emission should occur in extreme cases, adds the financier, and the government and the ministry of finance should cover the state budget deficit at the expense of loans, in particular, from the european union international monetary fund of the united states, all our external creditors, bank exchangers, the dollar is worth more than 35 hryvnias , while at the beginning of the war it was less than 30 hryvnias in the world energy sources and food are growing rapidly inflation, which has lasted for decades, is breaking records all over the planet according to the latest official data in may, for example, prices in the united states of america in

yaroslav zheleznyak, people's deputy, first deputy chairman committee on finance, tax and customs policymr. yaroslav, i am glad to see you. good day. without customs import a-a on the so-called euro plates on the euro number plates of the cars and accordingly all interested people are trying on the last day to have time to drive actually what do you think about this whole situation in general or maybe it should have been canceled or should have been introduced and what has formed now i think what is the correct answer it shouldn't have been implemented frankly says er it's stupid when many politicians for the sake of er temporary likes decided to introduce a benefit that wasn't very fair because many people who really lost their cars, so they didn’t buy them, but on the other hand, unfortunately, many of our citizens showed our international partners that this is not a very good side, and i think that when poles or other foreigners see chickens, there are really a lot of them per kilometer, that is conditional for money. a couple of days ago, it was briefly another 9.5 km. if i’m not mis

treasury secretary janet yellen will testify on president biden's 2023 budget before the senate finance committee. watch the hearing live on tuesday at 10:00 a.m. eastern on c-span, c-span now, or anytime online at c-span.org. announcer: up next, first lady jill biden hosting an unveiling ceremony of a new postage stamp honoring the former first lady, nancy reagan. she was in the white house from 1981 to 1989. she died in march of 2016 at the age of 94. also speaking at the event is and peterson, nancy reagan's niece. this runs about 15 minutes. [applause] >> thank you, thank you. thank you, dr. jill biden, first lady of the u.s. for hosting us today. it is a tremendous honor to be here with all of you. i have a privilege of announcing the united states postal service will issue postmeal commemorating the life of nancy reagan. the postal service seeks to commemorate and celebrate the very best of america. and nancy reagan truly represents that idea. mrs. reagan will be the sixth first lady honored with a u.s. postage stamp. the others were issued for martha washington, the first woman ever featur

treasury secretary janet yellen will testify on president biden's 2020 three budget before the senate finance committeewatch this hearing live on tuesday at 10 a.m. eastern on c-span, c-span outcome our free video apps or anytime online on c's.org. >> after months of closed-door investigations, the house in january 6 committee is set to go public. tune in as many members questioned witnesses about what transpired and why during the assault of the capital. watch our live coverage on thursday at 8 p.m.. c-span, your unfiltered view of government. >> c-span is your unfiltered view of government. we are funded by these television companies and more. >> giving you a front row seat to

treasury secretary janet yellen will testify on president biden's 2023 budget before the senate finance committee. watch the hearing live on tuesday at 10:00 a.m. eastern on c-span, c-span now, or anytime online at c-span.org. announcer: white house press secretary karine give a preview of the summit of the americas. which is being hosted in los angeles later this week. and why mexico's president was not invited to the event. she also discusses gun legislation and the administration's work on clean energy. sec. jean-pierre: oh, hey! okay. good afternoon, everybody. okay. i have one thing at the top for everybody. so i know a lot of people have been asking me about the summit of americas. and you probably saw it tonight at 6:00, there will be a background call with some of our experts later today. clearly at 6:00. we will discuss the summit in detail and give you all the information you wished for. i wanted to give a quick preview each day of the summit so you all have it now. it will be arranged around five key areas that president biden will focus on. on wednesday, the focus will be on economic

she is still testifying in front of the finance committee. she says oneation is new and used cars that are affected by chips. she also talked about the chip shortage, highlighting the fed's role in fighting inflation, so continuing to pass that back over to the fed. we will continue to update those headlines as they cross. this is bloomberg. ♪ guy: let's talk about where we are worth european markets. we are heading toward the end of the day this tuesday. for the headline level, not really a significant move. where we are seeing a move is in reaction to what we got from target today. retail is the worst performing sector in europe. i'm not sure the pound is treading on boris johnson and his problems, but we are seeing traction today. brent crude is up by around .9%. boris johnson is certainly having a few issues right now. he had a cabinet meeting earlier on today. he basically sent the message out that we are going to draw a line under party gate. those people don't believe that is going to be the case. most people believe that is wishful thinking. ultim

we recommend replacing this $2,536,607 to be precise on finance committee reserve pending report to theboard of supervisors on facility design, space needs, total project cost and disposition of the avenue so just to recap our recommendations. our two first amend the proposed ordinance filed 2005 03 to state the required report detailing issuance of water revenue bonds approved by file 28 030 and filed 22 -year-old 53 would be included in the legislative filesor their respective ordinances . to request the general manager report on the proposed disposition of the rollins road facility during a review of the two-year operating budget for may 2024. third to amend file 2302 to place the $2.5 million in fiscal year 2223 appropriations for predevelopment costs for the city division division administrative building on budget and finance committee reserve pending report of the facility design space needs total project cost and disposition of 1990 come avenue and finally to approvefile 20 0503 28 0502 as amended . >> chair: supervisor chan . >> is not directly relevant to this but just for my e

entrepreneurs on the simplified system of taxation by natural persons for customs clearance and cars for personal use without paying taxes, and at the last meeting of the finance ministry committeethe ministry of finance came out with a draft government law on the cancellation of these benefits, and there the monthly losses indicated by the ministry of finance are 3 billion for the removal of all goods of groups every month - this is april-may, june - that's nine billion lost somewhere and 13 billion they have calculated during this time in cars that have been driven, so it seems to me that this will be their first step in order to have uh, for sure funds uh, at least partially for protected items of expenditure, because these examples are also markers for donor money and for financing the ministry of finance, the imf, they draw attention to the fact that we allow ourselves completely unfounded steps during martial law ms. nina, what do we have now with the budget what's going on before carrying out the sequestration, did you write your wishes, were all your wishes taken into account, and we still have some articles that can be moved somewhere to be redistributed, are all the re

on russia's foreign debt to blame foreign financial intermediaries. this is how the ministry of finance commented on the announced defaults on eurobonds. the fact is that the european committee on credit derivatives missed one million nine hundred thousand dollars, these are additional interest on bonds of the russia 20-22 issue, nevertheless, the ministry of finance agreed to settle the claims bilaterally the growth rate of the russian economy in january-april, according to the ministry of economy, amounted to 7/10 percent, while in april the gdp fell by 3%. this happened against the backdrop of sanctions pressure, as well as logistical restrictions and a reduction in domestic demand. however, in construction and agriculture, the dynamics. minek has improved, and presented data on price increases as of may 27, annual inflation was 17.3% sibur redirected almost all deliveries from europe to asia, the company's corporate newspaper reports, sibur previously sold to the european union a quarter of its production, and while turkey and china accounted for only 13% in addition, the company managed to find an alternative to imported chemicals that are banned for import in russia, n

moldova's ruling action and solidarity party, and he's chair of the parliamentary committee on the economy, budget and financepporter of moldova's integration with the west. tyrone zlatko is a russian journalist who's editor in chief of tv rain, one of the last independent stations in russia. and last year he left the country when the station was accused by the authorities of being anti—moscow. and dr sonia chivas is director of the heinrich boll foundation, a german state funded independent think tank. she currently advises the german government on conflict prevention and was a senior adviser on eastern europe to the german parliament. that is our panel. welcome to you all. and remember, you, too, can join the conversation. its #bbcglobalquestions. let's get down to our first question and it is from nicholas. your question, please. hello. my question is to all our panelists, what do you think, given _ the situation in ukraine and what we see is that. russian forces are bogged down in this campaign— and they have a very slow advance and success on ukrainian soil, do we think that moscow- still will be plannin

the democrats controversial comments came during yesterday's senate finance committee on inflation. n social media from what many conservatives are calling a tone deaf remark >> also a group of private equity firms hitting the pause button on financing for elon musk's twitter takeover. the move comes after musk's threat to back out of the $44 billion deal. he says the social media giant is refusing an outside analysis of the number of spam accounts on the platform. musk is calling it a breach of contract. he was partnering with several firms to provide up to $3 billion in equity financing. so far musk has sold roughly eight billion in tesla shares and raised seven billion from co-investors. texas attorney general ken paxton is launching an investigation into twitter's bot problem. we'll have him on the program to talk about it later this morning. todd. >> todd: looking forward to that carley. meantime outrage in texas after this look at your screen, a drag show in dallas texas inviting children to walk the runway. that event entitled drag your kids to pride has now drawn the attentio

on a person's birth certificate at the time of their birth. treasury secretary janet yellen testified before the senate finance committee on tuesday and warned inflationill remain high. >> we currently face macro economic challenges, including unacceptable levels of inflation , as well as the headwinds associated with the disruptions caused by the pandemics effect on supply chains and the effects of supply-side disturbances to oil and food markets, resulting from russia's war in ukraine. amy: her comment comes as the world bank has one stagflation in the global economy could have potentially destabilizing consequences in some countries including rising risk of malnutrition and even famine. meanwhile, u.s. federal reserve chair jerome powell has faced some criticism after recently saying one of goals in combating inflation was "to get wages down." workers at a starbucks in memphis, tennessee, have voted to unionize after the workers united union won an election to represent the store's baristas on tuesday. this is the same store that fired seven union activists, known as the memphis 7, who were trying to organize back in february. the store is now one

on tuesday to take up gun bills. the treasury secretary goes before the senate finance committee on the presidential 2023 budget and state of the economy. also at 10:00 a.m., the senate judiciary committee explores the threat posed by violent white supremacists. wednesday at 10:00 a.m. eastern, the u.s. treasury secretary meets the house ways and means committee. live on c-span three, we will hear from parents of victims of the recent mass shootings in texas and new york, including a fourth-grader from robb elementary school. thursday at 8 p.m. eastern on c-span, the january 6 committee returns to present unseen material, taking you testimony and provide a summary up its accounts on the capitol. watched light on c-span, or c-span now arbery video network. c-span, your unfiltered view of government. >> at least six presidents recorded conversations while in office. hear many of those conversations on c-span's new podcast "presidential recordings." >> season 1 focuses on the presidency of lyndon johnson. you will hear about the 1964 civil rights act, the 1964 presidential campaign, the gulf of tonkin incident, the march on

such, so to speak, our visas, our partners - this is the head of the economic committee dmytro natalukh, and on matters of financethis is danylo the hetmanship, we conduct consultations, discussions and proposals with them, literally in p on saturday, we had a working meeting with dmytro nataluka, on the one hand, on the other hand, we gathered associations of food producers, because there are many problems about which the average buyer, for example, does not know, but he pays, you know, there is such a thing the paradox is that there are problems between manufacturers, there are problems between trade networks, and these are such problems that are solved at the working level, they are not hyped about them, they are not talked about, but this is against it later, it can be seen from the purchasing power in the quality of products from the range of products that an ordinary ukrainian comes with. well, plus it depends the fate of producers and the producers are again jobs, it is taxes, it is the economy of ukraine. so, the dialogues where the work is going and one level of the state, well, you should probably talk

i work with senator stabenow on the senate finance committee. i know exactly her passion for this issue. we have put together bipartisan working groups that are dealing with a lot of the different issues in regards to mental health. a lot of that has to do with pediatric mental health, which is very much engaged in the bill that we have before us today. and a lot of those provisions have been incorporated into the legislation before us. but what you've done on these certified beverly health centers to be able to -- behavioral health centers to be able have the pilot programs, to be able to expand them to more communities, to have a 24/7 facility that's available that's included in this legislation, that's going to make a real difference in people's lives. i just really want to thank both of you for your tremendous contributions on this issue. senator stabenow, i want you to agree -- through the chair, i agree with you with regards to senator blunt. we're going to miss his personal presence here on the united states senate floor, but we know we'l

. >> these will make the watergate hearings look like a tax of finance committee on a weekday.an extraordinary opportunity but they are also played with an extraordinary risk. simply because it's not the watergate era where you had captive audiences. where there were really only four or five networks that were broadcasting the watergate hearings and full-time. i'm of the committee, katie, january six committee hearings without january six committee indictments to followed by the department of justice is a failure. why? because the american people will just regard this as politics as usual. to your question, they competing interests, it is unbelievable to me, someone who is a democrat, that the democrats are competing with liz cheney's lead on this. liz cheney has it right, this is about donald trump. this is about the people around donald trump who, before the eyes of the world, were opened and inciting this violent riot that was an attempted coup to overthrow the united states government. anything that dilutes and takes away from that central message is not only a lost opportu

eastern on c-span, treasury secretary janet yellen testifies to the senate finance committee on presidentbiden's 2023 budget. live at two p.m. eastern the house debate new u.s. water infrastructure projects. on c-span2 lighted tinian eastern canadian eastern the senate works on the nomination of alex wagner to be assistant secretary of the air force. they are expected to take up legislation on expanding va healthcare and disability benefits for veterans exposed to harmful toxins. on c-span3 live at ten a hearing on investigating domestic hate crimes and violent extremist threats. you can also watch all of our programs online at c-span.org or with our free video app, and now. >> -- c-span now. >> c-span now is a free mobile apps featuring your unfiltered view of what's happening in washington live and on-demand. keep up with today's biggest events with life streams of floor proceedings and hearings from the u.s. congress, white house events, the courts, campaigns and more from the world of politics all at your fingertips. .. >> next, remarks from former vice-president mike pence on the rec

on the price of gas is approaching $5 a gallon. so today secretary yellin was in the finance committee. she may have admitted a week or so ago she'd gotten it wrong for today she was back to the same blame game claiming inflation on putin and the pandemic. families are paying $5000 a year more this year than last year just to keep up with where they were a year ago. people do not believe the president they believe their own two eyes and their empty wallets. and then last week we had the secretary of transportation the secretary of energy say well if you're not happy with high gas prices by an electric vehicle. $55000 that is sure not working in wyoming or anywhere across the country these people are tone deaf, out of touch. there are democrats who voted high gas prices for a long, long time for joe biden when he was running for president had said he guaranteed you he would eliminate fossil fuels. and just last week once again this the president has come out siding with the environmental extremists and attacking oil and gas leases he week. and these aren't leases that were granted in 2015

. >> the head of the senate finance committee is proposing a massive new tax on big oil and g gas companies. he's proposing an additional 21% tax on the profits of oil and gas companies with at least a billion dollars in annual revenue. now, this tax on so-called excess profits would be applied to anything above 10% of return on expenses and it would come in addition to the regular corporate income tax that these companies would have to pay. in addition, widen is also proposing a 25% excise tax on any stock buybacks that are completed by the company his office specifically calling out exxon and chevron for announcing $40 billion worth of buybacks over the next two years. the bill would also close counting loopholes that his office says are letting these companies lower their tax liabilities. the in a statement, his office says that the tax code is working for big oil but not american families, so, again, senator ron widen, the head of the senate finance committee proposing a 21% tax on big oil and gas companies. >> thank you very much and we'll see what happens on that one. >>> coming up, t

treasury secretary janet yellen set to testify on the 2023 budget before the senate finance committee. much the hearing alive on tuesday at 10:00 eastern on c-span or anytime online at c-span.org. >> the house begins debate on several gun violence bills wednesday afternoon in response to the school shooting in texas. one package increases the age limit to buy semiautomatic rifles from 18 to 21. an -- another provision creates red flag laws that allows officials to take someone's guns away if a judge declares them to be a danger. an issue that bans bump stocks which allow semiautomatic guns to fire faster. follow live coverage on c-span with our free video app c-span live or c-span.org. after months of closed-door investigations, the house january 6 committee is set to go public. starting thursday, committee members question key witnesses about what transpired and why during the assault on the u.s. capitol. our live coverage begins thursday at 8:00 p.m. eastern on c-span, our free mobile video app c-span now, or online at c-span.org. >> c-span is your unfiltered view of government. we

on tuesday to take up gun safety. treasury secretary janet yellen will go before the finance committee on the president's 20 23 budgetnd state of economy. live on c-span3, the senate judiciary will look at the threat posed by violent white supremacists and other extremists. on wednesday a 10 neglect a.m. eastern on the c-span now at an c-span.org, janet yellen meets with the house ways and means committee. also, live on c-span3 we hear from parents of victims of the recent mass shooting in uvalde, texas and buffalo, new york. they testified before the house services committee on gun violence in the u.s. thursday 8:00 p.m. eastern live on c-span, the generous sixth committee returns to present material, take testimony, and present its findings. watch next week live on the c-span networks or on c-span now, our mobile video at. head over to c-span.org rescheduling information or to stream video. c-span, your unfiltered view of government. announcer: c-span brings you an unfiltered view of government. our newsletter recaps the day for you from the holes of congress to remarks from the president. scan the qr code at the b

on the administration 2023 budget. the economy and inflation. watch the senate finance committee hearing tonight at 9:00 p.m. eastern on c-span, c-span now are free mobile video app or any time online at c-span.org. >> c-span's washington journal every day we take your calls live on the air on the news of the day and we discussed the policy issues that impact you. but coming up wednesday morning, wall street journal sadie garment with the latest on the department of justice january 6 investigation. then election law expert rebecca greene verma william and mary at law talks about efforts to reform the electoral count act and its relevance in the upcoming january 6 hearings. watch "washington journal" live at seven eastern once a morning on c-span or c-span now our free mobile app. join the conversation with your phone calls, facebook comments, text messages and tweets. [background noises] [background noises] after months of closer investigation the house generates six committee is set to go public. tune in as committee members question key witnesses about what transpired and why during the assault on the u.s.

finance administrationil give you an update on the budget process. slide twochl presents the the budget to finance appropriation's committee on may 18. went back a week later to the board to confirm the department is accepting the budget in legislative analyst recommendations. this is the same budget you saw before am i include third degree for reference. total budget equals 93.4 million for fiscal 22-23. and 85.8 million for fiscal 23-24. the 22-23 includes 3.8 million increase and 7.4 million dollars decrease. in that fiscal 23-24 budget lower than the prior 3 fiscal year budgets. >> we went over before the revenues are increasing 7.4 million dollars increase in charges for services and that's our 2 primary fee revenues building permits went up 1.8 million and plan check 4 million dollars. they are increasing from the pandemic level but lower than prepandemic. and due to low revenues the department is using funds balance and reserves to balance the budget and expenditure reductions to balance the budget. analyst recommendations the budget legislative analysts recommended under 419 thousand dollars in reductions for fitsical 22-23 a

on the covid vaccine pass. opposition parties can exercise control by holding high-profile positions like the head of the finance committeethe only parliamentary committee tt must be led by a member of the opposition. the body plays an important role in passing the state budget and has a say in high-profile appointments like the bank of france governor. it can audit spending of government departments and call ministers in for questioning. the next legislature will begin wednesday. the real work starts on the 28th, with the appointment of parliament speaker. >> ukrainian president zelenskyy says africa is being held hostage by russia's invasion of his country. he made the comments during an address to the african union saying the war has contributed to global food shortages and fears of famine across the african continent. we have the story. >> africa. the hostage of russia's war on ukraine, according to president zelenskyy. >> africa is being held hostage. this is russia's war against us. it is not a crisis. it is a brutal war. >> russia's invasion and blockade of ukraine ports has paralyzed grain exports from the country

one is surprise, and the other is smug superiority. the surprise came from the secretary of treasury last week when she was in the finance committee. she said she was surprised at how negative people feel about the economy and amazed about the pessimism that was out there. you're talking about people in the democrat party, tone deaf on all of this stuff, failing to see the suffering that the american people are living with right now. and reports are out that gasoline could be approaching six dollars a gallon this summer, so what does the senator from the democrat party who is the chair of the democrats' policy and communications committee had to say, which to me, makes them the spokesman for the party? last week in the finance committee, she said it did not matter to her how high gas prices went because she had an electric car. that is the spokesman for the senate democrat, the chair of the policy committee saying, you don't like the high cost? tough, by yourself an electric car. the fact that the senator is paid three times the average income of an american and an electric car costs more than what most americans make in a year, tha

on the administration's 2023 budget. the economy and inflation. watch the senate finance committee hearing tonight at 9:00 p.m. eastern on c-span, c-span now, our free mobile video app, or anytime online at c-span.org. >> after months of closed door investigations, the house january 6 committee is set to go public. tune in as committee members question key witnesses about what transpired and why during the assault on the u.s. capitol. watch our live coverage beginning thursday at 8:00 p.m. eastern on c-span, c-span now, our free mobile video app, or anytime online at c-span.org. c-span, your unfiltered view of government. >> secretary of state anthony blinken delivered remarks on the annual release of the state department's international religious freedom report. it analyzed the government's policies for more than 200 countries to assess religious oppression and violence.

we've done some of this work and we had recent work that we did for senator crapo and the finance committee on what effects, physical effects of higher inflation, we look at two scenarios. we continue to do some of that, what is the effects of the economy and the situation. i'm hoping we have more for that. >> i well, i hope to follow up on that. >> the gentleman's time expired and now recognize the gentleman from california for five minutes. >> thank you, mr. chairman. mr. swagel, i'd like to talk about alternative policy solutions that you have examined in the outlook and how those fit into the long-term battingry and economic outlook that the cbo issued a few months ago. in long-term outlook if i'm recalling directly, you expressed some grave concerns that by the end of the forecast period on the path that we were on, that net interest outlays would exceed 8% of gdp, would consume over half of all tax revenue and that if interest rates increased m response to inflation, that would get much worse and that sometime between now and then, something would have to be done to get the deficit under

on tuesday to take up gun safety. treasury secretary janet yellen will go before the finance committee on the president's 20 23 budget and state of economy. live on c-span3, the senate judiciary will look at the threat posed by violent white supremacists and other extremists. on wednesday a 10 neglect a.m. eastern on the c-span now at an c-span.org, janet yellen meets with the house ways and means committee. also, live on c-span3 we hear from parents of victims of the recent mass shooting in uvalde, texas and buffalo, new york. they testified before the house services committee on gun violence in the u.s. thursday 8:00 p.m. eastern live on c-span, the generous sixth committee returns to present material, take testimony, and present its findings. watch next week live on the c-span networks or on c-span now, our mobile video at. head over to c-span.org rescheduling information or to stream video. c-span, your unfiltered view of government. announcer: c-span brings you an unfiltered view of government. our newsletter recaps the day for you from the holes of congress to remarks from the president. scan the qr code at the

coming up after this program 10:00 eastern on c-span, it will be treasury secretary janet yellen before the senate finance committeeking about the president past 2023 budget proposal and certainly about inflation and other economic issues. live on c-span, our free mobile app, and c-span.org. on c-span3, it will be a hearing on domestic hate crimes and violent extremist threats, including testimony from a former u.s. attorney and former fbi special agent. the senate judiciary committee live on c-span3. it is also primary day across the country in seven states. and number of key primaries to watch. roll call is doing that with the headlines. seven questions about tuesday's primaries in seven states. nominees will be picked in california, iowa, mississippi, montana, new jersey, new mexico, and south dakota. and just one of their questions here, who fills nunez's seat? conway, republican leader in the status ugly, is heavily favored to win -- republican leader, is heavily favored to win. she faces democrat lauren hubbard. the special election is happening the same day as primaries for the next congress, but neither con

finance committee for two and half hours. >> the committee will come to order. this morning the finance committee welcomes treasuries for a hearing on the budget. this is an important opportunity to discuss big economic challenges. that is where i will begin. i'm coming off a string of town hall meetings across my home state of oregon, and colleagues, everywhere i >> the number one topic is inflation, people are feeling at the grocery store and at oregons going for five dollars, $.42. people are paying more in rent, in shops and at restaurants. this is taking place at the same time americans learned on friday that unemployment is 3.6%, near 50 year lows and wages have been rising steadily. overall, the job market is the strongest it has been in multiple generations. but in terms of what our families are feeling on the ground, inflation is causing real headaches. the challenge is how to tackle it. there is no cure all, but the focus in congress has to be on finding real solutions to drive down costs, protect everybody's ability to get ahead, and to strengthen our economy for the long run. a first example, democrats on this committee

treasury secretary janet yellen will testify on president biden's 2023 budget before the senate finance committeewatch the hearing live on tuesday at 10:00 a.m. eastern on c-span, c-span now, or anytime online at c-span.org. announcer: white house press secretary karine give a preview of the summit of the americas. which is being hosted in los angeles later this week. and why mexico's president was not invited to the event. she also discusses gun legislation and the administration's work on clean energy. sec. jean-pierre: oh, hey! okay. good afternoon, everybody. okay. i have one thing at the top for everybody. so i know a lot of people have been asking me about the summit of americas. and you probably saw it tonight

chairs of the senators who bombarded the treasury secretary at a hear ing on capitol hill this afternoon. senate finance committee, as she once again was forced to admit it was a very wrong call to call inflation transitory or temporary when its now reached unacceptable levels. >> my sense is that inflation be transitory. what i was not anticipating was a scenario in which we would end up contending with multiple variants of covid that be scrambling our economy and global supply chains and i was not ebb envisioning impacts on food and energy prices we've seen from russia's invasion of ukraine, so as chair powell indicated himself, both of us probably could have used a better term than transitory. liz: okay, so she and powell, right? bad forecasts on their part aside the question now is what will the american consumer do next? how will they behave and how will it effect stocks that might be in your portfolio or that you want to have in your portfolio. let's get right to our floor show traders, tom hayes and phil flynn. phil, i have to throw this to you first because the high price of energy is very much at the for

finance corporation preview are recognized for five minutes for your opening statement. >> chairman keating ranking member fitzpatrick and distinguished members of the committee thank you for inviting me to testify today on the finance corporation's role to support european energy security. we have a mandate under the build back with transactions that advanced development strategic interest of the united states. the subject of today's hearing the central tourist special responsibility under the european energy security and diversification act. in line with those authorities are working to expand the portfolio of projects that can accelerate europe's pathway toward energy security. several of us have recently returned from the region and next week we will be teeshon to the pc up to reinforce a readiness to provide investment. in ukraine itself tfc is that portfolio with approximately $800 million that cost more than a dozen -- including renewables and nuclear fuel. we are evaluating new opportunities there and offered flexibility project to make sure they can weather the storm. when it comes time to rebuild we will be there again. russia's unjustified war in ukraine has permanently changed the energy land

commission on budget and finance and the commission on economic policy, we will find out for him the senators elena perminova to finance new public commitments, and we considered at the committeeeived in part, and monitoring how our industry works. its various branches in particular metro metallurgy, in order to later assess whether any changes to the tax code are needed. well, i mean in terms of excises, and we also have instructions from the previous meeting of the federation council valentina ivanovna matvienko and she monitors the situation with the extraction of wolfran and molybdenum, too, maybe some tax preferences will be needed. uh, well, and we all know that from january 1, 23, the consolidated group of taxpayers ceases to operate. and here is the main task, which is before us so that, uh, as soon as possible, to develop a law that would allow the distribution of income tax to separate divisions. and among all the constituent entities of the russian federation , we have stopped and focused our special attention on these issues related to budget revenues. but of course, now it is very important that a is reflected in the budget , further a is reflected in the support

budget injections into the economy , this was announced by the minister of finance, anton siluanov at a meeting of the duma committee onget, when compiling the main financial the document of the country uses the experience of past years, so in the twenty-first year, when the whole world was negatively affected, the pandemic allocated significant funds to support citizens and businesses thanks to. why did russia emerge from the economic downturn faster than other countries? we're definitely not, uh, talking about locking ourselves up. we also, as well as were integrated world. ah, economics. uh, trade community, we will continue this course, but for critical technologies , budget funds are needed budget injections to ensure the independence of our countries e from e external supplies, and the head of the accounting chamber. alexei kudrin positively. he assessed the quality of the formation and implementation of state programs existing in russia, he noted that only 20% of the funds allocated for state programs remain unused, and most of the identified violations are quickly corrected. the vacant niches in the domestic ma

janet yellen will testify to the senate finance committee this committee about the 2023 budget but how much will be focused on consumer inflation? how much can she talk about getting one foot and how much was he talk about the question of the potential influence of the stimulus by this administration in 2021. u.s. treasury department is selling $3 billion of notes. jonathan: thank you, we've got to pick up on target. they cut their profit outlook once more. the stock is down hard bite 6%. -- hard by 6%. many more targets are out there, how much more of this is still to be seen? >> if you look at earnings growth expectations, it has elevated. if you look at the u.s. and europe, it's higher than pre-pandemic levels. when you think about structural tailwinds that have left just lead to margin expansion over the years, low rate, low production cost, low labor costs. globalization as well and they are stalling for stuff is there view that margins ease with further compression and earnings expectations for this year is perhaps too rosy at this juncture that's why we downgraded the equity outlook to neutral. stay in