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Their roles. The decision could change the direction of the party as we know it. Lets begin with jessica dean who joins us on the hill with more on this Power Sharing Agreement. Reporter the big thing here is democrats will now take control of the senate committees. When youre in control, youre setting the agenda. That means thing in joe bidens agenda that they wanted to get ahead, President Bidens agenda they wanted to push ahead like Merrick Garlands nomination for Attorney General can now move forward. Youll remember there has been a holdup on some of these nominees including Merrick Garlan...

Associated with that multibillion Dollar Program and this geo specifically provides match and is part of that full funding plan. Capitalwise they will continue to be sustained by the citys proposition k sales tax. But we do, as tim noted, are continuing to have discussions with them longterm. Supervisor fewer okay . Thank you. Any other comments, questions, from my colleagues. Seeing none, could we have a b. L. A. Report . Yes, chair fewer, members of the committee, 4 and 5 i prove the issuance of 140 million in general Obligation Bonds for transportation improvement projects. We summarized th...

Chairman Jerome Powell will update the committee on Monetary Policy develop and the state of the u. S. Economy. It has always been four months since the last Humphrey Hawkins hearing, but we are seeing a different economy today. One that has been racked by the physical and Economic Impact of the covid19 pandemic, and ensuing shutdowns. Chairman powell, you have stated that the Federal Reserve is strongly committed to using our tools to do whatever we can and for as long as it takes, to provide relief and instability to ensure that the recovery is as strong as possible. Additionally, the fed ha...

Time those are good too if demand from the treasury doesnt come back in coming months, whats the longer term implication for Interest Rates i know youre reticent to give any forecast on Interest Rates, which i understand, but give us a tone about the impact, the correlation there. There seems to be flying of demand for our paper i wouldnt want to speculate about what Interest Rates might do were the worlds reserve currency and in times of stress people want to own u. S. Treasury obligations and thats been the way that is for a long time. Even if some of the problems as in the last crisis, prob...

If demand for that paper does not come back in the coming months, what is the longerterm implication for Interest Rates . I know you are reticent to give any forecast on Interest Rates, which i understand. Give us a tone about the correlation there. Chair powell there seems to be plenty of demand for our paper. I would not want to speculate on what Interest Rates might do. They are the worlds reserve currency, and particularly in times of stress people want to own u. S. Treasury. That is been the way it is for a long time. Even if some of the problems, as in the last crisis, love the problems ...