Host we are back with Washington Post economic correspondent heather long. She will talk about what the fed did this week and how it affects us. Good morning. Tell me what fed chair Jerome Powell actually announced this week and its impact. Guest we had the first cut in Interest Rates in over 10 years, since the great recession. It is pretty momentous to see that rate cut happening. It is happening mainly because of the trade war. Jerome powell at his press conference after the announcement said that this was mainly driven by trade tensions and by Slower Growth overseas. Other parts of the world have caught a cold economically and we want to make sure the United States does not catch that cold. In terms of real people, i looked at houses last week. This is very fresh for me. You look up the mortgage rate, the cost to borrow money. What the Federal Reserve did is they took the rates down. It will be cheaper for companies and individuals to borrow money going forward. Host is this only a
Ronald reagan said that personnel is policy. The type of people that we hire for the type of policies that were going to have. And if thats the case, then that means that elections are about personnel. And elections matter. And if elections matter, well, then that means that our party matter. Your being involved in what we do makes a difference, makes a difference of the things that you care about that actually get you involve. As a result of your efforts for the last, you know, year, year and a half especially as we close this last election season, weve had another year of incredible successes, 2018 election cycle. Office very statewide in republican hands again. Again, give yourselves a round of applause. We maintained our state House Majority again. We picked up more local and county offices all around the state again in 2018. And not only that, but we more than doubled more than doubled the number of people who voted absentee republican statewide in the last cycle. And the statisti
Hank you, everybody. Mr. President , do you have access to his name . Re you preparing to retaliate . And this evening, cspan is live in South Carolina waiting for the speaking portion of the South Carolina Republican Partys silver elephant gala to begin here in columbia. The speakers expected tonight include senator Lindsey Graham, Henry Mcmaster and acting white house chief of staff, mick mulvaney. Youre watching live coverage ere on cspan. And just waiting for the start of the speak portion of tonights South Carolina Republican Party annual silver elephant gala. Again, live from columbia here on cspan. Well be hearing tonight from senator Lindsey Graham as well as the governor Henry Mcmaster and acting white house chief of staff mick mulvaney. Well have live coverage of their remarks when the event begins. Until then, well take a look at some of the democratic candidate joe biden he campaigned in detroit yesterday meeting with voters at a restaurant there. And he spoke to reporters.
All right. Well, welcome again yall continue to eat. Welcome to the 52nd silver elephant gala event. Thank you for being here. We want to dedicate this event to you. I wanted to get just a few comments and talk about the party, and you know, obviously, you are here tonight because this stuff matters. Were all engaged and involved in this business of politics in some capacity or another because we care about various principles. We all share some common core conservative principles. Many may car more about one issue than the other. But weve got a solid con serve active platform and were in this because we know that politics matter when it comes to policy. Ronald reagan said that personnel is policy. The type of people that we hire are the type of policys that were going to have. And if thats the case that means that elections are about personnel. And election matters. And if elections matter, well, that means that our party matters. Your being involved in what we do makes a difference, m
All right. Well, welcome again yall continue to eat. Welcome to the 52nd silver elephant gala event. Thank you for being here. We want to dedicate this event to you. I wanted to get just a few comments and talk about the party, and you know, obviously, you are here tonight because this stuff matters. Were all engaged and involved in this business of politics in some capacity or another because we care about various principles. We all share some common core conservative principles. Many may car more about one issue than the other. But weve got a solid con serve active platform and were in this because we know that politics matter when it comes to policy. Ronald reagan said that personnel is policy. The type of people that we hire are the type of policys that were going to have. And if thats the case that means that elections are about personnel. And election matters. And if elections matter, well, that means that our party matters. Your being involved in what we do makes a difference, m