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June 25, 2024
Hearing with Federal Reserve chair Janet Yellen King underway momentarily. Yellen getting underway momentarily. [gavel strikes] today we received testimony from Federal Reserve chair janet yellen regarding the fed semiannual report on Monetary Policy. While Humphrey Hawkins testimony is a key part of congresss oversight of our nations centralbank, it is not sufficient to provide congress and the American Public with a full picture of said policymaking. Best of said policymaking. I have often rem...
June 25, 2024
Hillary clinton tonight of bribery after the director of the fbi recommended no charges in her email scandal. Metro trying to limit confusion at the airport with a stretch of the yellow and blue lines now closed. What commuters should expect tomorrow. News4 at 11 00 starts now. Good evening. First tonight, how the fbi arrested a virginia man accused of plotting to help isis and stage a ft. Hood style attack. Hes a former National Guard soldier, and a virginia gun shop where he tried to buy a gun...
June 24, 2024
Isil. It just looted its historical sites. So all of that under consideration, of course our priority, and i said this yesterday, is defeating and destroying daesh. That remains our priority. And yet we also recognize that replacing one or replacing their by their barbaric role with assads journey is not tyranny is not a great trade off of a great solution. The Syrian People should not have to decide between isil and assad, and thats again what i was trying to convey yesterday which speaks to th...
June 24, 2024
His wife. Hes going to speak around 4 45. Hes expected to talk about his wifes plans to raise incomes and create ladders of opportunities for families. In the next 15 minutes the democratics sparred in a fiery debate covering everything from jobs to the Auto Industry bail out. Two people died after a serious behind this deaf station here. You can see debris is scattered across the road and the crushed vehicles. Eyewitness News Reporter greg suskin is on the phone now and greg, you say this is th...
June 23, 2024
In our road map, time warner, 21st century fox and cbs reporting a mixed set of results. Tesla shares sharply higher despite a wider than expected loss. And groupon down almost 30 in the premarket on a trio of negative news. First, stocks looking to maintain upward momentum a day after the nasdaq 100 closes at that record high. Adp said the private sector added 182,000, trade deficit narrows in december to a sevenmonth low. Fed chair yellen set to testify on capitol hill in the next hour. Late y...
June 23, 2024
Internet caucus taking a look at internet privacy and personal data protection. The chair of the Federal Reserve, janet yellen, testified on the u. S. Economy and Monetary Policy appearing before the House Financial Services committee on wednesday for about three hours. The committee will come to order. Without objection the chair is authorized to suggest a recess for the committee at any time. This is the annual testimony on the Federal Reserves supervision and regulation of the Financial Syste...
June 23, 2024
Corridors and they were confident they would get the must be back because i said what are you presuming for the number of healthy subscrapers under age 30 . Well, a third of our subscribers will be young and healthy. And i said you know what are you guys smoking . Thats not going to happen. Whats going to happen when it community . Well, well lose money and the government will make it up to us. This was set up for failure from day one. The Insurance Companies knew it was going to fail. They rele...
June 23, 2024
Frank act. This hearing is three hours. The committee will come to order. Without objection, the chair is authorized to declare recessed at any time. Testimony from the Federal Reserves supervision and regulation of the Financial System. Threerecognize myself for minutes to give an opening statement. The dodd frank act requires the Federal Reserve vice chair to testify before our Committee Twice a year regarding the supervision and regulation of Financial Institutions. Passage ofafter the dodd f...
June 23, 2024
Reforms along with her description of how the fed is using the flexibility embedded in doddfrank to tailor regulations appropriate to the sizes and risks of different types of banks. Congress specifically permitted the fed to differentiate among companies on an individual basis or by category considering their capital structure, riskiness, complexity, size and other factors. The fed should use this authority. Likewise, doddfrank provided the fed with new responsibility to collectively regulate t...
June 23, 2024
Financial institutions and markets generally. Those powers we use during the crisis to keep credit flowing to the economy. Sure. And so we want to be very careful about what we do. The words used for that are unusual and exjentsisheses. Sur correct. In my format we take that and we say we add upon it, raise the bar marginally, i would argue, and use the language unusual and exjent circumstances exist that pose a threat to the Financial Stability of the United States. Youve come out and some of t...