The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed report said that hourly wage growth has been moderate but the labor market is near or a little beyond full employment at this point. For 2018 and 2019, the median estimate is 3. 9 ticking up to 4. 0 in 2020 as for the markets, the fed report pointed out that notwithstanding recent weeks, that is the mention to volatility that weve seen in the markets that equities remain higher and bond spreads hav
Of seven books. Madison transformed the field more than anyone else. Its all constitutions everywhere. I thought, i was about to turn 40 and i thought i want something to really sink my teeth into federal spend my middle 40s on and win lose or draw, ive written something fat, and thats edited down considerably. The bottom line is, i wanted to do something i thought would be hard and long and maybe good and it was deathly hard and definitely long and now its up to you whether you think its good. I wanted to really dive in to the essential question of where did it all come from. Who were the key people behind it. Who made the world that we now live in. One of the fascinating things is that it turns out that although writing the constitution is the thing is most famous for, it was not the only thing of huge fundamental importance that he did and thats why called it the three lives of James Madison. The first life is the creation of the constitution and the other half to do with playing ou
Bob cusack is editor in chief with the hill. Every time they go on break it seems something happens to alter their agenda when they return. Where do you think this issue will go when Congress Returns . Its going to be on the front burner. The president has put out a few proposals. Weve seen marco rubio change his position. Theyll have to answer questions about what now. What kind of Gun Legislation are you going to move . Theres a bipartisan proposal sponsored by senator john cornyn. Its supported by the nra. This would increase the system of communication on background checks. Gun control activists will not be happy with that. They want stronger, complete background checks. I think its going to be something that congressional leaders are going to have to deal with front and center. The Student Movement which march to tallahassee, thats coming to washington next month. Rick scott announcing hes bucking the nra on age restrictions in a new gun proposal. Then theres florida congressman w
Congressman devin nunes of manipulating the contents of the classified memo. President trump allowed the release despite objections from the Justice Department andfbi. This morning, he accused the two agencies of politicizing the investigative process. Joining me now with more on this latest twist is congressman eric slawwell from the east way. What is your reaction to the release mo this its disturbing that the republicans in the houseould w to protect the president. Theyre assertingcts not supported by the evidence to protect the president n this russian investigation. Bieyre doing it over the objection of the and in a first world democracy where neverbefore have we seen political leaders use police to attack our leaders. So from where y siton the house Intelligence Committee, what will you do at this point . The best way we can clean up theor dions that their memo has made is for the democratic memo to be released on monday. So well force a vote on monday when we return andhave a co
Congressman devin nunes of manipulating the contents of the classified memo. President trump allowed the release despite f objectionsm the Justice Department and fbi. This morning, he accused the two agencies of politicizing the investigative process. Joining me now with more on this latest twist is congressman eric slawwell from the east way. What is yourreaction to the release of this memo . Its disturbing that the republicans in the house would to protect the president. Theyre asserting facts not supported by the evidence to protect the president in this russian investigation. Theyre doing it over the objectionof the fbi and in a first world democracy where never before have we seen de political l use police to attack our leaders. So from where you sit on the house Intelligence Committee, what will you at this point . The best way we can clean up the distortions that their memo has made is for the democratic memo to be released omonday. So well force a vote on monday when we retn an