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Witnesses today, and ill save the introductions. I know there are a couple introductions that will be made from up here. This morning well go ahead with our Opening Statements, myself and senator cardin, and then were honored to have both the chairman and the Ranking Member of the whole committee here. So senator barrasso, senator carper, and then i understand senator cardin, you have an introduction to make also. Yes. All right. Well do that. Lets recognize first senator carper, because hes going to be coming back and doing his a little bit later. Just very briefly, welcome to this important ...

Nebraska governor pete delivered the fourth and final state of the state address of the current term. It highlighted progress in tax reform, creation of new jobs and balancing the budget. Governor will seek reelection this year. This is half hour. Members of the legislator, chairman, distinguished guest, fellow nebraskans, friends and of course, our first lady, my lovely wife, suzanne. [applause] she always gets better applause than i do. Before i begin i want to recognize your newest member, senator teresa from omaha. She is a Small Business owner and involved in Early Childhood education and...

Cuts. More than Million People have benefited directly. Heres the key point. Theres more to come. 2. 8trillion parked overseas. A lot of it will come back here. Business is coming through. Today the market opens well above the 26,000 level, flat to ever so slightly higher expected for the dow but no big selloff, despite the explosive runup this year. Investors are not worried about a possible government shut down. My opinion if shut down the government to protect Illegal Immigrants, theyre going to get the blame. Varney company is about to begin. Stuart President Trump tweeting about apples bi...

Pres. Trump thank you very much. It is great to be with Prime Minister netanyahu. We have developed a great relationship, both as countries where i think it has never been stronger, and i can honestly say that. And also as personal friends, we have discussions going with israel on many things, including trade, but the big move and something that was very historic and very important was the fact that we will be moving our embassy, as you know, to jerusalem. We also know that is way ahead of schedule by years. And we anticipate having a small version of it opened sometime next year. So thats a l...

Invest in laborsaving is it not possible that improved wages themselves can help lead to improved product activity, which can create a virtual cycle with wage growth officer time yes, thats exactly what we hope is happening right now. So youre committing to keep your foot off the brake . When i was getting ready for this hearing, i went back and read something that you said in your very first year on the fomc committee. You noted you havent seen anything in the wage data yet to support that it struck me as interesting. It got me to thinking about my frustration, and how its been 2 1 2 years si...