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June 28, 2024
Are you gonna run for president . I think i just got an f from you. This is overheard. Mr. Secretary, good to see you. Great to be with ya. Welcome back to texas, i guess youre living here now so its not really much of a welcome back but in some ways. But welcome back to austin. Youve been gone, welcome back to austin. So here we are, i looked it up today, its day 124 of the trump administration. Ah. Does that feel long or short based on what weve seen so far . It feels like the longest 124 days...
June 28, 2024
We try not to opine on whether theyre correct or theyre not correct. But on, as you asked what the potential spillovers or impacts on Financial Stability could be of asset price revaluations, my assessment of that is that as asset prices have moved up, we have not seen a substantial increase in borrowing based on those asset price movements. We have a Financial System, a Banking System thats well capitalized and strong, and i believe its resilient. Okay. Thank you. Time of the gentle lady has ex...
June 28, 2024
Economic condition and possible fed actions in the future. You look like nervous. Im much more nervous, like yeah. Yeah. At work it will be eight or nine days away, but it can happen any time. I hope so. Im better than that. Lets talk about schedules. The committee will come to order without objection and they declare a recess of the committee at any time. All members will have five legislative days within which to submit extraneous material to the chair for inclusion in the record. The hearing ...
June 28, 2024
He has incredible array of very experienced prosecutors coming along with him during investigation. Is certainly shows that the avenues of his reach are going broad. That is complicating for donald trump. People have no idea how is. Essful this its a great company. Also in the course of that conversation with the New York Times. The president talked about attorney general Jeff Sessions. He said acknowledge to them he knew attorney general Jeff Sessions would recuse himself, he would not have app...
June 28, 2024
2. 6 . We are counting 1. 5 trillion of that macroeconomic feedback as part of deficit reduction. If you had a policy changes on the mandatory discretionary side along with higher Economic Growth we have 6. 5 trillion in deficit reduction compared to the cbo baseline. I will leave it at that. It has been more than ten minutes but that provides an overview how the balance of major provisions, we would be glad to answer any questions. Our policy director and andy morton is the chief economist in t...
June 28, 2024
2. 6 . We are counting 1. 5 trillion of that macroeconomic feedback as part of deficit reduction. If you had a policy changes on the mandatory discretionary side along with higher Economic Growth we have 6. 5 trillion in deficit reduction compared to the cbo baseline. I will leave it at that. It has been more than ten minutes but that provides an overview how the balance of major provisions, we would be glad to answer any questions. Our policy director and andy morton is the chief economist in t...
June 28, 2024
We finished debate on a batch of this seven. [inaudible] the committee will come to order. Are there any other amendments . [inaudible] this is amendment number ten. The clerk will designate the amendment. The staff will distribute the copies of the amendment. Excuse me, this is number 11. 11. Amendment number 11 offered by representative Lujan Grisham related to nutrition assistance. Ms. Lujan grisham is recognized for six minutes. Thank you, madam chairman. The republican budget cuts the Suppl...
June 28, 2024
So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Intere...
June 28, 2024
To talk about funding for various Treasury Department programs. This is long over an hour and a half. Welcome to everybody. Good morning. Senator coons, senator lankford, looking at earlier. Today with the opportunity to review the budget request of the department of the treasury and the Internal Revenue service. As we begin this important hearing, we welcome our witnesses with us today treasury secretary steven mnuchin, irs commissioner John Koskinen and the treasury ig for Tax Administration, ...
June 28, 2024
To talk about funding for various Treasury Department programs. This is long over an hour and a half. Welcome to everybody. Good morning. Senator coons, senator lankford, looking at earlier. Today with the opportunity to review the budget request of the department of the treasury and the Internal Revenue service. As we begin this important hearing, we welcome our witnesses with us today treasury secretary steven mnuchin, irs commissioner John Koskinen and the treasury ig for Tax Administration, ...