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The committee will come to order. The chair is authorized to declare a recess of the committee at any time. Members will have five legislative days to submit extraneous materials for the record. This is the purpose of receiving the semiannual testimony of the chair of the board of governors of the Federal Reserve system on Monetary Policy on the estate on the state of the economy. Recognize myself for an opening statement. Since we last convened on Monetary Policy, there have been encouraging economic headlines. Onfidence is up unemployment remains low, as does inflation. But it rests too much...

Her term ands in february. Inwhen her term ends february. The committee will come to order. The chair is authorized to declare a recess of the committee at any time. Members will have five legislative days to submit extraneous materials for the record. This is the purpose of receiving the semiannual testimony of the chair of the board of governors of the Federal Reserve system on Monetary Policy on the estate on the state of the economy. Recognize myself for an opening statement. Since we last convened on Monetary Policy, there have been encouraging economic headlines. Onfidence is up unemploy...

President Trumps Communications may have been monitored during the transition period as part of collection. A News Conference today that communications appeared to be picked up through incidental collection and do not appear to be related to the ongoing fbi probe into trump associate contacts with russia. I have seen intelligence reports that show the president elect and its team were monitored. Mark he believes this was done legally. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Scarlet live fro...

A big reason why the dow sank, nasdaq claimed. 8 . The intense competition created by the sheer number of companies in business may be good for the consumer, good for you and me. We all benefit from corporations duking it out for our patronage. At the same time, this competition is an anathema to profits [ booing ] whis companies doing deals, even could argue the governments around the world have gotten tougher on mergers and a lot of stocks are pretty darn expensive versus their historic valuations. Let me take you through the Competitive Landscape sector by sector starting with the food grou...

Market. When that problem goes away, as it did today web food giant mongolese walked way from its bid to hershey, after they couldnt agree on a price. Over the entire averages. A big reason why the dow sank, nasdaq claimed. 8 . The intenses competition created by the sheer number of companies in business may be good for the consumer, good for you and me. We all benefit from corporations duking it out for our patronage. At the same time, this competition is an anathema to profits [ booing ] which is why we see so Many Companies doing deals, even could argue the governments around the world have...