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Appropriation hearing but i believe the president has sent us two good nominees. We waited a long time on the vice chairman, supervision for the fed. I hope the hearing goes well and we can expedite these nominees and get them in place, thank you. Thank you, senator shelby. The hearing will come to order. We will consider the nominations for the comptroller of currency, joseph otting and Randal Quarles to be a member of the board of governors of the Federal Reserve system and vice chairman for supervision of the board of governors of the Federal Reserve system. Welcome to both of you and congr...

Includes the manner in which subsidized payments on the national debt. Congress is appropriation law is standing conflict with the debt ceiling log which caps the amount of debt the federal government can go at any one particular time. Since enacting a statute in 1917 congress has routinely prescribed budgets mandating spending that so plainly exceeds projected revenues that they will inevitably require the treasury to borrow funds in excess of the debt ceiling to make good on our obligations. And for Decades Congress has improved approved home virtually every time we have crept close to the B...

Thei own. What will the chairmano in response to that is that going to force him to move more quickly, or is it going to put him in a position where hel have to do some horse trading with Congressional Republicans. Thats not clear yet. Thats something well be watching early in the year. Host and youe written about this ho quickly do you expect a bill . Guest i think were looking at next month. Early in the year yes. Hos in january . Kate tam ril low, Net Neutrality. Guest were also talking about Net Neutrality against the backdrop of the Communications Update which is this big, multiyear that ...

District of columbia whose decided to expand medicaid. And obviously, if you look at a lot of independent studies, theres noticeable difference in the states that have decided to expand medicaid, in terms of lowering the number of uninsured. Were going to continue to work with those remaining 20 something, and we meet with them on a regular basis to do what we can to encourage folks to expand. By not participating, arent the states leaving billions of federal dollars on the table that could be used to improve the health of their own citizens . Yes, sir. They are. And its also has economic cons...

Here it serves as a temporary bridge for those would would receive permanent status. Second, in 2001, deferred action were for aliens who were under the victims of trafficking and violence against protection act. Here it served as a bridge. Lawful status was ok on the other side of the deferral. Third, it was granted for students who lost their visas when gulf coast schools were closed following hurricane katrina. Within four months they enrolled in colleges or universities in order to gain the status previously held. In 2009, deferred action was granted for aliens that were widowed by the tim...