the gentleman from missouri, mr. clay is recognized for three minutes. >> thank you, mr. chairman. and let me thank mr. bernanke for appearing today. funny also publicly thank dr. paul for his honorable service to his country. as you know the charge of the federal reserve with a dual mandate maintains stable prices, which i understand. we have positive news about full employment, which is what i would like to talk about today. full employment means everyone. currently the national average unemployment rate is 8.2%. chairman bert mackie, this is decreased compared with when you were here a year ago when it was 9.1%. unfortunately, the unemployment rate for african-americans is much higher. african american males too high. 14.2%. 12.7 million people in the u.s. want to work, but cannot find a job. that is down from last year's 14 million, or 12.7 million are african-americans. nonfarm payroll and claimant is continuing to rise to 80 passing, but too few of those who are getting jobs are african-americans. average hourly earnings for all private nonfarm employees rose to $23.50 over t

mr. clay. the chair: the gentleman from missouri is recognized for two minutes. mr. clay: madam speaker, i thank the gentleman for yielding and the majority's plan to stop national safeguards will harm real americans. regulations affect real people, not just balance sheets. when we look at the cost of regulation, we have to examine more than cold dollar amounts. we also have to look at the benefits. we have to look at the real lives saved and the real catastrophic injuries prevented. we have to look at the real american families who live healthier, happier, safer lives because of federal regulations. regulations that protect them in their homes. regulations that protect them at their jobs. regulations that protect them in their communities and places of worship and roads they drive on and stores where they shop and schools where their children learn and parks where they play. the majority's plan will have real negative consequences on the economy and the health and safety of all americans. esp

the chair now recognizes the gentleman from missouri, mr. clay, for three minutes. mr. clay: thank you, mr. speaker. i cannot believe we are asked for a 31st time to repeal the affordable care act. this isn't just a policy issue. this is a moral test. this is one of the great moral tests of our time. and those who vote to repeal the affordable care act are failing that moral test. they are utterly failing that test, paying health insurance premiums, and other health care bills has become very difficult for american families. premiums have gone up each year and the cost of health care has escalated. insurance companies have shifted costs to coin sumers -- consumers through increases in deductibles and co-payments and decreases in covered services. low and middle income families need relief from skyrocketing health care costs. the a.c.a., the constitutional a.c.a. provides real relief to american families. first, the affordable care act provides direct financial relief to millions of insured american families that struggle to pay health insurance premiums today. the new la

between clay and bush. mr. toronto? >> you can come up. >> before idell into this, i would first like to say it would be great to -- before i died into this, i would like to say it would be great to hear a staff report first so that i know why this is occurring. >> ok, mr. ye, what is up with 10.2e? >> good afternoon. you may remember back in january director lee asked for a report from lots on all of the tolls zones in the city and which ones we feel are necessary. we took a pretty detailed evaluation and we came out with a report to you and identified a list of locations where we feel they may no longer be justified, either because of traffic conditions have changed or there is no apparent reason why the report in to begin with, including a transit on it. and you do not gain an extra lane and so forth. battery was one of the streets that we identified, especially in the afternoon peaks. we recommend that they be rescinded to restore the parking. but in the morning, we are recommending that it be -- it be maintained be

speaker, i rise in support of h.r. 4 -- mr. clay: mr. speaker, i rise in support of h.r. 45.s the comptroller general conduct an audit of the federal reserve. since 1982 the g.a.o. has had authority to audit the federal reserve board and banks subject to exception for monetary policy related decisions and activities. in 2009 congress provided authority for the g.a.o. to audit actions by the fed under section 1303 of the federal reserve act, to lend to any single and specific partnership or corporation notwithstanding the generally applicable monetary policy related exceptions. in 2010 the dodd-frank wall street reform act added new audit authorities. in addition g.a.o. has conducted a number of other reviews of federal reserve activitys but we need a full audit and i urge my colleagues to vote for the bill. i yield back. the speaker pro tempore: the gentleman's time has expired. the gentleman from california. mr. issa: mr. speaker, could i inquire how much time is available? the speaker pro tempore: the gentleman from california has 4 1/4 minutes remaining. the gentleman from

speaker, i rise in support of h.r. 4 -- mr. clay: mr. speaker, i rise in support of h.r. 45. it has the comptroller general conduct an audit of the federal reserve. since 1982 the g.a.o. has had authority to audit the federal reserve board and banks subject to exception for monetary policy related decisions and activities. in 2009 congress provided authority for the g.a.o. to audit actions by the fed under section 1303 of the federal reserve act, to lend to any single and specific partnership or corporation notwithstanding the generally applicable monetary policy related exceptions. in 2010 the dodd-frank wall street reform act added new audit authorities. in addition g.a.o. has conducted a number of other reviews of federal reserve activitys but we need a full audit and i urge my colleagues to vote for the bill. i yield back. the speaker pro tempore: the gentleman's time has expired. the gentleman from california. mr. issa: mr. speaker, could i inquire how much time is available? the speaker pro tempore: the gentleman from california has 4 1/4 minutes remaining. the gentlema

mr. babylonian clay tablets. then on american history to be -- >> at one time in 1967, this was called the bloody is 47 acres in america. >> a former morgan takes you through the former missouri state penitentiary. walk back through history in the halls of the missouri state capitol and governor's mansion -- mansion. watch how local content of vehicles explore the history of literary life of cities around the -- america. from jefferson city, c-span2 and c-span 3. [video clip] hippa is dead, it is pretty clear the effort ran into a lot of controversy and miscommunication, so i think those bills are not coming back again this year or ne year for that matter. >> code-share of the congressional and annette caucus and va republican bob black on prospects of anti virus in legislation in the next congress and other telecommunications issues -- virginia republican bob goodlatte. "washington journal" continues. host: lost in the reaction to health care and immigration law was another print -- supreme court decision that h

mrs. jackson and died suenly in 1820 and s veyvious. e e thas 82 'rthnihi thweevig-- jackson, clay and john quincy ads. and the results were split. bu dt a ao. ouar reenver w ea aith b c finished fourth in the house of wiepnterbatives for uceia said crawford h a strope. i can't ote forcrawford. i hateckni ppjouiaa s mclecry ofta people for he sold out his vote ani'm the reason i'm telling you all of this suol venalou ddti las jackson was so in the former republic. we started thinking the only way to be jackson was to be orgaized rs ae wed jannagt ew coted y state level and a national committee. we do have candidates running in m advsesps.ers to raise a to hasdeaa lialtywewi today are fced with antipathy towards andrew jackson. and then after we lost and jackson defeated clay in 1828 d cimin 1ms tol oratandced nhest te party in the jeffersonian publican in this time we only had the democrats. so you have not the democratic upheal o jone party are ae d . e emfr he a iiwr but his greatest legacy is that he maintain the two-party system on whole different way. it was a kill nt nray pas

mr. chairman. >> and facilitate it all. >> thank you, dr. paul. congressman claythank you. >> could we get the answer in writing that question. >> may i just comment? congressman paul, your objections to the structure of the system as you mentioned. but all of the actions we took during the crisis, the swaps, all of those things are fully disclosed. it's not a question of information. it's a question of whether or not you want to give the fed those powers. if you don't want to, of course, congress has the right to take them back. >> thank you. >> will the gentleman yield me ten tekds seconds? we repealed a section in the federal reserve act which was the sipgle biggest fwrant of power to the federal reserve to lend money wherever they wanted if they thought there was a chance to do it. the aig loan. this congress in 2010 made a substantial reduction in the federal reserve's authority. >> mr. chairman bernanke, the national unemployment rate is 8.2%. lower than it was a year ago. as i said, it's important to put all americans back to work. but i'm troubled by the l

mrs. jackson and died suddenly in 1820 i r c firs t atmat in4. the rngs eranubns erreerb jackson, clayand john quincy adams. and the results were sit. jan thp vot t idhamjri heco us.se prtas clas ke claim with the bad luck finished urth in the house of representatives for nsat tsaho ick ll re. keky sltu said crawford had a trope. i can't vote forcrwfor ha nr soll orhnncms. adthadayreofte people for he sold out his vote and m the reason i'm telling you all of this b w eo plaesrs we'ly relies jackson was so in the former republic. we started thinking the only way to be jackson was to be n. t llsae a co cttneey t oizaian ck. eeopheo a mmtee and every state level and a national committee. we do have candidates runing the newspars tislo onnder nap soolhv s t p a k today are faced with antipathy towards andrew jackson and then after we lost and ackson defeated cyin 8 anlag 83 ut sohaoiid pthaniod haow f separate party in the jeffersonian republican in this time we only had the democrats. so you have not th democratic party and the party arebsd onrifac cl sornte ie ce trdoomisha lpedvo civil

mr. chairman. >> you stand there and facilitate it all. >> thank you, dr. paul. congressman clay for five minutes. >> can we get the answer in writing to that question? >> may i just comment, congressman, paul, your objections are to the structure, but all of the actions that we took in the crisis and swap, all of them are disclosed. it's not a question of information, it's a question of whether or not you want to give the fed the powers. if you don't want to, congress has the right to take them back. >> thank you. >> the gentleman yield me ten seconds? >> i yield. >> just to mention in fact in the financial reform bill, i think whether there were differences, we repealed section 13.3 of the federal reserve act which was the single biggest grant to lend money if they thought there was a chance. it was the aig loan. the congress in 2010 made a substantial reduction in the federal reserve authority. >> mr. chairman bernanke, the national unemployment rate is 8.2%. lower than it was a year ago. as i said, it's important to put all americans back to work. but i'm caught between a dis

mr. markey: i thank the gentleman for yielding. so what is the majority doing in this bill? this thing with sand is a critical material. gravel, clay. there is no crisis in the sand industry. we don't need to waterdown the environmental protections for drilling for sand or gravel or clay. there is no crisis. that's what this whole bill is. it's a trojan horse. it's moving in to undermine environmental protections where they are working and where there is no need to reduce them. if they want to talk about ue rope yum -- uropium or some other critical strategic material that we -- we should be discussing out here that we need for cell phones, solar panels, that we need for our defense systems, that's one thing. but that's not what this is about. this is about watering down environmental protections for sand and clay and endangering the health and well-being of the nation for no reason whatsoever because there's no strategic relationship. between those very prosaic minerals and our national security. i thank the gentleman for yielding to me. i yield back to him. mr. tonko: madam chair, i yield back. the chair: the gentleman from washi

mr. a first lady jean carnahan and family life inside the governor's mansion. a provisions list from ancient mesopotamia to the university of missouri at's special collection. the stories behind an ancient babylonian clay tablets. >> at one time this was called the bloodiest anchor in america. >> walk through missouri state history at the state capitol and governor's mansion. this weekend, from jefferson city, saturday at noon and sunday at 5:00 eastern on a c- span2 and 3. >> in may, the space exploration technology company known as spacex send a spacecraft to the international space station. elon musk deliver the commencement address at the california institute of technology in pasadena. he gives advice to the caltech class of 2012. [applause] >> all right guesi'd like to thk you for leaving "crazy person out of the description." [laughter] -- for leaving "crazy person" out of the description. [laughter] i thought perhaps to tell a story of how i came to be here, how some of these things happened, and maybe there are some lessons there, because i often find myself wondering, how did this happen? when i was young, i did not really know what i was going to do when i got older. people kept asking me. bu

mr. first lady mott family life inside the governor's mansion. also, a butcher's bill, business contract, a provisions list from ancient mesopotamia to the university of missouri special collection, the stories behind eight miniature babylonian clay tablets. and sunday -- >> at one time, in 1967, this was called the bloodiest 47 acres and a mark -- in america. >> a walkthrough the missouri state penitentiary. what back through history in the halls of the governor's mansion. this weekend from jefferson city, saturday at noon and 5:00 p.m. eastern [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> up next, a discussion on national security in the presidential 2012 election. we look at the effect at what security has had on the presidential election. from chapel hill, n.c., this is an hour and a half. > we are very happy to welcome david schanzer, associate professor of the practice for public policy at duke university. he is director at the triangle center of terrorism and homeland security and associate professor of public policy at unc. he is the director for strategy and outreach at the institute for homeland security solutions. he did his undergraduate work at har

mr. gutierrez for five minutes. >> thank you very much. worst of all, i would like to go back to how did you find out about the manipulation of our clays and the train for manipulation? >> well, as i said earlier, there was a lot of concern in the market and talk in markets, much of which is ultimately published in major newspapers of record about not just the potential that banks could misrepresent what they were paid to borrow, but they were actually doing that. so we first learned about those concerns -- in the early parts of spring of to thousand nato reacted very quickly, congressman. >> and you learned about it through published news media reports? >> now, as you one of the things the new york fed does is spend a lot of time talking to people the financial markets about what's going on. since a basis on those reporters it's not just was in the public, but in the price. >> so what you did -- what did you do as a consequence of that publicly or privately in order to respond to what you were seeing were manipulations in the transfer rate? >> we took a look at the basis for those concerns and then we briefed the relevant numbers of the a