Appropriate to support sustained expansion of Economic Activity strong labor Market Conditions and inflation near the committees symmetric 2 percent objective the fed added they will also continue to monitor Global Economic conditions as they develop which could alter their plan of action and for more on this were going to be joined today by Richard Wolfe professor of economics and host of economic update press well thank you so much for joining us today. Glad to be here no no i want to start with the fetid signaling they dont want to alter rates over the next decade does this point to the central bank thinking were out of the weeds of this economic downturn or is it more of a fear that low rates may be the new normal or are they just trying to stick to President Trump what do you see going on here. I think theyre marching along a very narrow lie and they are listening to President Trump even in ways that most economists think they shouldnt but theyre also trying to show that they have
C the committee will come to order. Without objection, the chairs authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 p. M. Per the request of the secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchen. Today we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As i have said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following the deregulatory blueprint that the Treasury Department, under secretary mnuchens leadership, has mapped out point by point and rolling back many of the Critical Reforms democrats
Affairs laura cooper. This was the Intelligence Committee six of the impeachment inquiry. The committee will come to order. Igood afternoon. This is the sixth in a series of public hearings. Without objection, the chair is authorized to declare recess at any time. There is a quorum present. We will proceed in the same fashion. I will make another statement and mr. Nunez will have an opportunity to make a statement. We welcome you and respect your interest. As chairman, i will make any steps to maintain order and ensure the committee is run in accordance with house rules. I recognize myself to give an Opening Statement in the impeachment inquiry. David hale is the undersecretary for clinical affairs, the third most senior person in the department. Laura cooper is the secretary of isense for russia, ukraine, responsible for broad range of countries in the former soviet union. They have several decades of National Security experience. Dedicatedd from other their onlyants, priority has bee
Sometimes the inspectors were out there several times in one year, nso what can be done to make sure that this wont happen in the future . Im making sure that we get every permit required for all dispensaries. In the past, i wasnt part of the program, but from my understanding and the path a referral went to the department until land use was approved, then, the referral came back and it was marked approved or disapproved, but there wasnt specific conditions stated explicitly on that referral. Whereas with our referral now, when when we sent those referrals over, there was an explanation as to why they denied them and what they would have to do. Okay. But that thats all i can say. What i also want to say that i personally spoke to Larry Kessler, and Larry Kessler does not remember any phone call with anyone from bloom room authorizing him. At the directors hearing no, and i appreciate that. I dont think that is as concerning to me as the fact and i agree with you as far as and then, the
Know. There was a move to gather them and i understood generally directly and informally that they have been gathered thats the extent of my knowledge is not my area of responsibility yes but did they pass them on to you or did they pass them on to. The administration and somehow the only documents i receive sir were those within the parameters i described what i requested which was those given were the documents that either i produced or that were sent to me relevant to the matters were discussing today thank you all back to the chairman. Its mystifying thank you to both of our witnesses for your Service Today ms cooper i want to start with you you spoke eloquently of the threat of russia when it illegally and next crimea how thats a threat not only to ukraine but its also a threat to europe in the United States a National Security challenge and i said on the House Armed Services committee we know that the most important support for ukraine in terms of lethal defensive aid is in the f