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Committee will come together without onbjection. This hearing is for the purpose of receiving the semiannual testimony of the chair of board of governors of the Federal Reserve system on Monetary Policy and the state of the economy. I recognize myself for 3 1 2 minutes to give an Opening Statement. Not with standing the greatest monetary and fiscal stimulus, the economy limp aid long for eight years averaging 1. 6 gdp growth. Wages remain stagnant and failing since the 2008 financial crisis. New phrase by leftleaning academics in an attempt to rationalize the phenomena namely secular stag nati...

System and what the options are to fix it if you can find on my person policy. Org. Today were here with steve and carried them so lucky to be joined by them because they are both people who i have long admired it is so secure the policy space. Very few people who know more about the program and the two of david vitter working on it for a number of years. What i love about both of them is that they are walks at heart and actuaries of the mind, and so you can ask of what percent do i need to increase the payroll tax by in order to solve half of the substituted problems . They will give you the ...

Gooden morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. President trump meets World Leaders at the United Nations today. As president of the org nation, hes criticized as weak and incompetent. Tomorrow hell address the united semably and north korea will probably top the meeting. Nikki battiste is at the United Nations. Good morning. Good morning, annemarie. Like you said, he did once call the u. N. Incompetent, but since becoming president he changed his tone and now says it has potential. President trump arrives at the Un...

More body cameras have helped stimulate that because its only in response to the cell phones. If the cell phones werent there the body cameras were not be as urgent. The bottom line is that all policing is local. Whatever it is that the federal level the responsibility to address crime occurs locally. The motivation of that personnel belongs to the chief and the sheriff. Thank you for being here today. [applause] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] from the aging of the us population, relatively steady Participation Rate is a further sign of improving condit...

Well the Social Security provides benefits that millions of americans rely on forget as we will hear again today Congress Needs to act so we can be sure those benefits will be there for our children and grandchildren just like they are for seniors and individuals with disabilities today you hear from the chief actuary about the report and while it did have good news for the Disability Insurance program make no mistake Social Security faces serious challenges the Trustees Report tells us that this was a Security Trust fund will be exhausted in 2034 and at the point those across the of board the...