mr. lockhart certainly brings a wealth of experience as a purpose and in the global financial markets and now as a public policy maker. ladies and gentlemen, please welcome dennis lockhart. [applause] >> thank you very much for that introduction, mostly accurate which is the best you can expect. early on monday morning i want to thank naep for the opportunity to address such a distinguished group of economists. today i will offer my views on the current state of the economy and the outlook. i will comment on the appropriateness of the current stance of policy, monetary policy for this outlook and the range of possible scenarios around my outlook. and i will end by discussing the policy had a strategic level and offer my thoughts on a policy framework for the near and medium term. i know you are all aware of my need to issue a disclaimer. i am not speaking for the federal reserve or the federal open market committee. my remarks today reflect my personal thinking and may not be shared by my colleagues on the fomc or the federal reserve system. today is likely the last day you will hear from

mr. looker brings a wealth of experience as a protest in the global financial market and as a public policy maker. ladies and gentlemen, please welcome dennis lockhart. [applause] >> rich, thank you very much for that introduction, mostly accurate which is the best you can expect. i think early on monday morning, and i want to thank nabe for the opportunity to address the distinguished group of economists. today i will offer my views on the current state on the economy and the outlook. i will comment on the appropriateness of the current stance of policy, monetary policy for this outlook and the range of plausible scenarios around my base case outlook. and i will end by discussing the policy and a strategic level and offer my thoughts on a policy framework for the near and medium term. i know you are all aware of my need to issue a disclaimer. i am not speaking for the federal research for the federal open market committee. my eighth remarks today reflect my personal thinking and me not be shared by my colleagues on the fomc or the federal reserve system. today is likely the last day you will hear from the fomc policy makers for a few days. the fomc

lockhart, texas. sweet, sweet carol -- we miss you very much. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentlewoman from new york, mrs. maloney, for five minutes. . mrs. maloney: mr. speaker, i rise to remember the late geraldine ferraro, there will be services held for her tomorrow in new york, which many of us will be attending. it was the night of july 19, 1984, in san francisco, that geraldine ferraro changed the game, changed the rules, and changed history when she accepted the democratic party's nomination as vice president of the united states of america. i was there on the floor that night as a young delegate, and when she walked out on that stage, it was electrifying and inspiring beyond words. what her nomination meant to me and to millions of women everywhere, what she accomplished in that moment, and what she said that night, was all so important that her words still ring in my ear as if it were yesterday. she said, by choosing a woman to run for our nation's second highest office, you send a powerful signal to all americans there are no doors we cannot unlock, we will place no limits on achievement, if w