And slowly, and turn down your tv or radio. Please note that city policies along with federal, state and local law, prohibit discriminatory or harassing conduct against City Employees and others during Public Meetings and will not be tolerated. Moreover, Public Comment is permitted only on matters within the jurisdiction of this meeting body. We thank you for joining us on. Thank you for before calling the next item and id like to do it later on the agenda. But i do want to have an Opening Statement to make before we go into closed session. And thats for thanking supervisor. So safai, thank you for leaving the house in order and my taking the gavel and appreciate it. Its been great working with you and hopefully i can fill your shoes. I dont know how bigger. So second. Okay lets. Madam secretary, do you want to call the next item, please . Yes item number three, closed session. At this time, we will be moving into closed session. Item three, a Public Employee performance evaluation imm
Outlined at the Central Banks Monetary Policy before the Senate Banking housing and urban affairs committee. He also talks about the state of the eco inflation, Interest Rates and bank Capital Requirements. This is two hours and 15 minutes. If you would like to give it again you could certainly dor that. The fed has power in shaping our economy. Your job is to promote stable and maximum employment. Today the cost of living is still too expensive for most americans. The fed has one tool available. That tool does nothing to address the cause for wide costs remain too high. Corporations price gouging to boost profits and make the shareholdersrs richer. Higher rates of doomed force, higher Interest Ratesont ons to lower but high Interest Rates are rising housing costs hindering wage growth stifling Small Business that. Now is the time for the fed to decide whether its going to make good on its commitments into families by lowering Interest Rates and the Financial System from wall street ex
Seal the deal for the nomination. Any time they file an indictment, we go up in the polls. We need one more indictment to close out this election, one more indictment and this election is closed out. Nobody has even a chance. Bill correspondent in washington is mike emanuel and has more in d. C. Now. Good morning. Good morning. Former President Trump did not stop talking about the latest indictment all weekend. Fake charges put forth by the biden sham. We call it a sham indictment, and the man that is doing it. I really believe hes mentally ill. But this is outrageous and it is an outrageous criminalization of political speech. Theyre trying to make it illegal to question the results of an election. His former Vice President mike pence said he would testify against mr. Trump if asked. Pence insists he honor his Oath Of Office Including On January 6th while jabbing at his former boss. Anyone who puts themselves over the constitution should never be president of the United States. I mean
5d we control from a regulatory or standpoint. In the longer term, companies are withdrawing from writing insurance in coastal 10 years from now how are we going to get hazard insurance . Maybe the government will step in, but its a continuing issue. Senator brown senator advance of ohio senator vance ised. Thank you for being here. These hearings are important and have an opportunity to provide over what is going on in the fevered that affects our constituents. I wanted torm focusn basal3 and there have been various proposals that draw them down to banks and go back to one of the most significant crisis in our Banking Sector and the u. S. Spoke in private and i believe in public, but one of the concerns i have when we about Capital Requirements on the banks and there is maybe an argument that they would bought longterm treasuries and even treasury bond risk and would hasten the collapse. I guess i want to start here, when we talk about some of the basal regulations, what was the origi
With cold water at moodys which reminds everyone the banking crisis, dont count it out next. That is not stopping the expert, experts are piling on the soft landing camp. Im roots to for jay powell and company but im rooting too many folks on on the street are on te bandwagon. We have some of the best in the business that will share their thoughts to break it down for you. Well unpack the role of seasonality and sentiment. What it means for markets. This is uncanny how much it can help you in your investing. President biden pushing his green agenda during this hour. My takeaway from ramming this down our throats. My guest Nancy Tengler debuts her new etf. All that and so much more on making money. Charles so a casual observer with the stock market would be forgiven comparing investors to minions. Think about this. Extremely worried and afraid one day. Cheerful ecstatic the next. The wall street emotions are running on even wider, wilder roller coaster. This pendulum has swung to a craz