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June 30, 2024
This is just under two hours. Welcome, everyone, to the hearing, and we will discuss the prospects for our economy. The Federal Reserve is one of the most important institutions in the country and, indeed, the world. Chair yellen served as president of San Francisco fed, then as vice chair, then as chair of the Federal Reserve board. Our distinguished service at the fed encompassed the most tumultuous time in the United States financial and economic systems since the great depression. Many books...
June 30, 2024
May all that is done within the peoples house, be for your greater honor and glory, amen. The speaker 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 new jersey, mr. Lance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, wi...
June 30, 2024
Vote on the motion to recommit will be followed by fiveminute votes on adoption of the conference report if ordered, and suspending the rules and passing h. R. 4323. This is a 15minute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the spe...
June 30, 2024
This last friday, authorities arrested everitt jameson. He had chosen pier 39 to the fbi and department of Homeland Security have no indication to indicate a specific credible threat associated with the San Francisco new years eve fireworks show. Reporter the department of Emergency Management has created that text alert number. Abc7 news. Thanks very much. A longstanding tribute to fallen officers took place today for a chp rookie who died when a driver slammed into list cruiser in hay ward. Th...
June 30, 2024
Eastern on cspan. Find it also at cspan. Org. Well leave now. The house is coming back in for several votes. [captions Copyright National cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the vote on the passage of h. R. 1153 on which the yeas and nays are ordered. The clerk will report the title of the bill. The clerk Union Calendar number 387, h. R. 1153, a bill to amend the trut...
June 30, 2024
Territory for the year. The features are telling a different story. Loss on the dow futures this morning. Again, volatility in the bull market coming on the nineyear anniversary next month we will ask the question. The economy still strong. The atlanta fed reserve to lower their firstquarter gdp forecast to 4 . That is down from 524 last week. In europe, stocks are heading higher. The flood of gains across the board. Asia overnight stocks mostly lower. The kospi and south korea the worst perform...
June 30, 2024
Street. Im Carl Quintanilla a strong close with buffett on squawk. Fed chair pal on the squawk tomorrow we begin with futures pointing to a sharply higher open on the twoweek rally and buffetts advice for the longterm investor despite volatility, buy equity, not bonds. Ge is planning to restate three new candidates to a streamlined board of director. And the chip war continues over qualcomm urging broadcom to engage in direct talks for a takeover deal. Buffett is one of the big stories of the de...
June 29, 2024
Taylor rule, how would would that impede your response to such a crisis . The taylor rule would tell us that it should depend on only two variables the current level of real gdp or the out put gap and the current level of inflation. It obviously wouldnt take into account in any way our judgments about growth in the Global Economy how we expected the european economy would be affected or Global Financial markets by these such developments. So in that sense it really restricts any simple rule rest...
June 29, 2024
Continued the calls for the destruction of israel. These are the people we just allowed, are all lowg in the process to more weapons and to become nuclear weaponscapable. Just last week iran called, as it has for decades for the destruction of israel. And the death to america. In fact, as irans Supreme Leader stood by calling for the need to fight the u. S. , even if there is an agreement. I dont know that weve ever entered into an agreement with another country before that while we enter into t...
June 29, 2024
Topsyturvy trading going on. Bit daytoday was a little weaker. I didnt think it was that horrible. Kirilenko 14 jacob guy if you 14 . Caroline guy if you cant if you really think about how we got to that number there are mitigating circumstances but the u. S. Market essentially bounced back toward the close yesterday so we did see a largely positive and to the day. 5 could see we were up by and the average was up by a 4 10. The equity markets did not feel like they got knocked but they have had ...