Mr. Wessel good morning. Im david wessel, director of the Hutchins Center here at brookings. I want to welcome everybody and i am very pleased to have mary daly, the president of the Federal Reserve bank of San Francisco with us today. Mary daly, who is an economist, joined the San Francisco fed in 1996, and she worked on a number of issues, labor market dynamics, income inequality, and rose to be the director of research and became the president in 2018. Now she is one of 12 reserve Bank President s and, except for new york, the other 11 are sort of considered the same. But mary daly has the distinction at her district because we drew the lines in 1913, which represents a fifth of the nations population. But unfortunately for her, they do not do population weighting when you vote on the fomc. Ms. Daly no, but maybe they should. [laughter] mr. Wessel so, president , i wanted to start by talking a little bit about how do you read the economy right today, and there seems to be a sense in
Next time. [applause] our live coverage continues now or three marks from the San Francisco Federal Reserve Bank President mary daly who as an event hosted by the brooking institution. We joined the slide in progress here on cspan. I think my team calls extreme data dependent where i will be watching and looking at people asked me this question, i think it is an important one, common or public data releases will we get before the meeting . If date adjustment public data releases, probably would could. But that is not what we mean by data. We be talking to firms and households and worker groups and community groups. You can do that all the way up to the meeting and then you have the debates and conversation at the meeting, which help us make the best decisions. Besides looking at all the data that comes in and the economist to work for you parsing the different ways to slice and dice inflation and labor market data, how else to go about getting information about what is going on with th
To go thanks and that is the National Security agency. We are very fortunate once again to have two people with us who know more about the president s daily brief and that is the director of the cia john brennan are and john clapper. Both the been supportive of intelligence transparency efforts. Director clapper has instituted an intelligence transparency council. Is like today would not happen without the support of director brendan. Today,se in attendance you should have a document like this on your chair with an agenda. The introductions will be very brief because the agenda has all of the bios and it. For those of you watching at home, you can see all of the same booklet on the cia. Gov website. I want to thank the Nixon Foundation for making this wonderful venue available. Introduceuld like to the director of the Richard Nixon president ial library and museum to offer some welcoming remarks. Mike . [applause] mike good afternoon, everybody. Inbehalf of the archivist the richard Ni
To go thanks and that is the National Security agency. We are very fortunate once again to have two people with us who know more about the president s daily brief and that is the director of the cia john brennan are and john clapper. Both the been supportive of intelligence transparency efforts. Director clapper has instituted an intelligence transparency council. Is like today would not happen without the support of director brendan. Today,se in attendance you should have a document like this on your chair with an agenda. The introductions will be very brief because the agenda has all of the bios and it. For those of you watching at home, you can see all of the same booklet on the cia. Gov website. I want to thank the Nixon Foundation for making this wonderful venue available. Introduceuld like to the director of the Richard Nixon president ial library and museum to offer some welcoming remarks. Mike . [applause] mike good afternoon, everybody. Inbehalf of the archivist the richard Ni
They were assisted by a number of agencies, but the work of one deserves special thanks and that is the work of the and National Security agency. 25thvent marks the cias major declassification event since 2007 and our second. Who we are fortunate once again to have people with us to know more about the president s daily brief than anybody else i can think of and thats john brennan and jim clapper. Both have been very supportive of intelligence transparency efforts. Director clapper has instituted a transparency counsel and the event today is the result of that counsel. An event would not happen without the support of director brennan. Have a document like this on your chair with an agenda. The introduction will be very brief because the agenda has all of the biographies in it. For those of you watching home, you can see that what on the cia. Gov website. Ant to thank the mexican Nixon Library for this space. Director ofrect the the museum. [applause] nixonlzey welcome to the library an