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Welcome to the Heritage Foundation. Im the director for the center for free markets and regulatory reform. The Heritage Foundation. I would ask for those of you in the audience to please make that last little check now of your cell phones, to make sure that they wont interrupt proceedings today. And we will get started right now. The event today is really designed to celebrate the special report called a Government Policies that hurt the poor and how to address them. The United States is a very compassionate country and we have an awful lot of government activities that affect poorer members o...

Lower. The Federal Reserve moving to normalize hiking rates a second time this year and unveiling the plan to trim its Balance Sheet, 4 4. 5 trillion there, despite another soft inflation reading. We do have a strengthening economy with policy accommodative, all that were doing in raising rates is moving removing a bit of accommodation heading to a neutral pace china seas Foreign Investment falling for a second straight month this as questions around anbang. And in a stunning turning point in the russia probe, the u. S. Special counsel, robert mueller, reportedly opens an investigation into wh...

Batiste and stay human. And now live from the ed sullivan theater in new york city, its Stephen Colbert stephen whooo cheers and applause whooo thanks. Good to see you cheers and applause stephen, Stephen Stephen thank you so much. Welcome to the late show, im your host, Stephen Colbert. Man, it is good to be back in the u. S. A. cheers and applause i dont know if you knew this, but i was in russia last week. You know who did know i was in russia . Russian intelligence. laughter hardcore fans, evidently, followed me everywhere. Also got some attention from american intelligence. A couple guys ...

Batiste and stay human. And now live from the ed sullivan theater in new york city, its Stephen Colbert stephen whooo cheers and applause whooo thanks. Good to see you cheers and applause stephen, Stephen Stephen thank you so much. Welcome to the late show, im your host, Stephen Colbert. Man, it is good to be back in the u. S. A. cheers and applause i dont know if you knew this, but i was in russia last week. You know who did know i was in russia . Russian intelligence. laughter hardcore fans, evidently, followed me everywhere. Also got some attention from american intelligence. A couple guys ...

Im glad youre here. Im glad im here. Being on the west coast of the United States is not such a good thing anymore. I woke up this morning like good, okay, were still alive. [ laughter ] is anybody else on edge because of the north korea stuff yesterday . Walking around the house looking for things i could hide under. It was really then i was worrying about this and i came one a theory. And hear me out on this because it made me feel better and maybe it will work for you too. Heres the theory. Maybe kim jong un is just trying to ruin Donald Trumps vacation. [ laughter ] maybe thats whats going...