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Welcome todays counsel on international economics. Im neil irwin at the New York Times and author of a new book called health when in a winner take world and i preside over todays discussion. Great honor to have Jerome H Powell with us today and the 16th person to chair the board of governors at the Federal Reserve system and joins us today for the World Economy and previously he was a fed governor that he worked in Bipartisan Policy Center and u. S. Treasury department and we begin with a few remarks by german powell. [applause] thank you, neil. Good afternoon. Its a pleasure to be here today so i will begin with a Progress Report on broad pub ....
Policies. He spoke at an event hosted by the council on Foreign Relations in new york city. This is one hour. Good afternoon. Welcome todays counsel on international economics. Im neil irwin at the New York Times and author of a new book called health when in a winner take world and i preside over todays discussion. Great honor to have Jerome H Powell with us today and the 16th person to chair the board of governors at the Federal Reserve system and joins us today for the World Economy and previously he was a fed governor that he worked in Bipartisan Policy Center and u. S. Treasury department and we begin with a few remarks by german powell. ....
Welcome. Promoting Economic Growth remains are top priority for this committee and this congress. It is carefully and thoroughly evalwaiting current laws and regulations. There have been numerous developments that will impact Economic Growth legislation. Senator brown and i have so police sa solicited and more than 100 submissions have come in. They are listed on the committees were site. They issued their second report. The Treasury Department issued the First Department in it is finding ways to help our economies improve. Support for Bipartisan Legislation continues to build. Particular interest has been focused on finding bai partisan, change the threshold, exempt certain terms from stress t ....
Welcome, ladies and gentlemen, to our discussion of health scotts new book, connectedness and contagion. Here it is. If you didnt notice, we have copies for sale. Its my pleasure to remind that youre welcome to buy a copy and how will be available to autograph them. Here we are in aei stylish new Conference Center to discuss a very old problem, namely how best to survive panics of which there have been many across the centuries and survive fear and distrust when financial actors try to withdraw to protect themselves, a rational strategy for each but as we all know not when they all do it at the same time. Highly interested historically but much more pressing when we consider as his book does in detail and what should we do in the next panic which would surely arrive sooner or later. Two centuries ago David Ricardo observed a general panic may seize the country when everyone ....
1. And i ask for five more minutes. The presiding officer is there objection . Hearing none. Ms. Landrieu so this is the record. When people say democrats havent been willing to negotiate, that is false, false, false. We have been trying to negotiate for six months, and the way you negotiate is going to a budget committee. Now we are in control of the senate. The people elected us. No one appointed me here. The people of the United States elected us in a fair and square election. Some of us won by a lot. Some of us won by small amounts. But this was an election by the people of the United States. The people elected the Republican Leadership in the house. They passed a budget. We passed a budget. All we have to do is go to conference. But not everyone in washington is reckless. Not everyone loves to fight over our co ....