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Transcripts For CSPAN2 Discussion On The Role Of The Federal Reserve 20160520

Halfway through the first volume of the landmark history of the Federal Reserve. Not only having worked at the Federal Reserve, but having had lunch many, many times talking about his history, i have followed closely over time the massive transformations that has occurred at the fed, just since the financial crisis but over my lifetime. And before, and to think that the first 10 years of my life we were on the Gold Standard, you know, it suggests that things have changed a lot. And so when a friend at the wall street journal called up to ask if i would review a new book by a university of pennsylvania professor named peter contibrown called that are independent of the Federal Reserve, i jumped at the chance because of two things. One, i really do love that they. I think it had a big positive impact on my professional life at its a very important place in washington filled with people who want to do the right thing. They sometimes fail but i love the spirit of the food. The second thing

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Transcripts For CSPAN Discussion On The Role Of The Federal Reserve 20160509

The supports of various kinds been contracted, and with the creation of large state armies, positionindeed, a re reprivatization. People that study agree this is privatization, and i concur. The independence refers to the decision in the 1990s to pull back from its promise to take care of its own, and, instead, emphasize, in many of its support programs, selfsufficiency, and that came through retooling programs like Family Support into family readiness, for example. Readiness and pulling back then on the amount of support often. It came through a new program called army family team building, which emphasized very much the responsibility of spouses and families to serve the military and know the military, rather than to have a army helping them, and through a variety of other things. I mean, today, i see the echoes of it in the emphasis on resilience, frankly. So, we can talk more about that, because i think we are running out of time, but i think it is a very important seeing in milita

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Transcripts For BLOOMBERG Bloomberg Surveillance 20141125

President obama said there are larger issues to be resolved and they wont be fixed by throwing bottles or breaking car windows. He spoke last night. The situation in ferguson speaks to broader challenges that we still face as a nation. The fact is, in too many parts of this country, a deep distrust exists between what enforcement and communities of color. According to prosecutors, the most credible witnesses told the grand jury the teenager Michael Brown charged that the Police Officer just before he fired the fatal shot. Turns out that chuck hagel did not put up a fight with president obama asked him to resign as defense secretary. One pentagon official said he was ready to go anyway. White house officials disagreed with hagel over policy. Hagel was frustrated with the white houses management style. None of that came up when the announcement was made yesterday. It has been the greatest privilege of my life, the greatest privilege of my life to lead the most important, to serve, to ser

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Transcripts For CSPAN2 Key Capitol Hill Hearings 20140213

Changed the subject to talk about younger workers or home prices. What will you do to address our concerns and will you commit today to attend a town hall meeting of retired seniors later this year to hear from folks i can ask it any better. Well, that was very well expressed. And, of course, they are very valid concerns, and i would like to see retirees that are more on their safe investments. I believe that if we get the economy back on track after all, interest comes from returns on investments, even in the bank, the bank tends to pay more for deposits and pay higher interest when its investments are faring better. And and a stronger economy that will be more possible. So i would very much like to see Interest Rates go up. He did note however that he has a daughter who lost her job, and i think its also important to remember that an individual who is retiring also has children and grandchildren, lost a job. Were trying to make it possible for his daughter to reach eight employment t

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We can, and should, return to our nation s economic ideals

We can, and should, return to our nation s economic ideals
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