About the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane, but lane, gina observes, has into an avenue. Gina is very well positioned to tell the story of the feds extended and its and its vast influence. Shes been covering the fed and economic
Us this evening journalist gina. Here to talk about her very timely and informative new book limitless. The Federal Reserve takes on a new age of crisis. Now weve all been hearing a lot about the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane
Nation and for the good of humanity around the world. Help this congress and the president to discern your will in our day. By drawing upon the truth taken from a diversity of opinions, may a Solid Foundation be formed upon which a stable future may be built. May shortterm gains or selfinterests never prove to be an obstacle to true vision. Rather, lord, grant to each member depth of perception, clear analysis, and creative response to the needs of our time. In these days give wisdom to all the members, and may all that is done be for your greater lohr and glory. Amen greater honor and glory. Amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. The pledge of allegiance will be led by the gentleman from wisconsin, mr. Gallagher. Mr. Gallagher i pledge allegiance to the flag of the United States of america and to the republic for which it s
This is 30 minutes. Thank you mr. Speaker. I yield myself as much time as i can consume. Under the usa writes act, the government can still use section 702 for its purpose of surveilling foreigners overseas. The government can continue to share, store, and access that data. Difference is, has to do with the collection and use of innocent american eta. Data. The amendment cannot harm if they are solely designed for foreign. Intelligence we all want the Intelligence Committee to do its job. With that i reserve to balance my time. For what purpose does the gentleman from virginia seek opposition . Amendment,ker, this i yield myself as much time as i can consume. This amendment plain and simple with disabled 702, our most Important National security tool. Any chance of reform through the underlying bill is dead on arrival in the United States senate. We cannot risk 702 collection ending. This chamber cannot be complicit in allowing this amendment to kill 702. I sincerely urge you to oppose
U. S. A. Rights act, the government can still use section 702 for its purpose of surveiling foreigners overseas. And the government can continue to store, share, and access that data to investigate National Security threats. The key difference is in u. S. A. Rights have to do with the collection and use of innocent americans data, not foreign intelligence. This means the amendment cannot harm section 702 programs if, as the government says, they are designed solely for foreign intelligence rather than domestic surveillance on americans. We all want the Intelligence Community to be able to do its job, and i have offered the u. S. A. Rights amendment to give them tools to collect foreign intelligence while also protecting the Fourth Amendment. With that i reserve the balance of my time. The speaker pro tempore the gentleman reserves. For what purpose does the gentleman from virginia seek recognition . Mr. Goodlatte mr. Speaker, i claim time in opposition to the amendment. The speaker pro