Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize myself for four minutes to get an opening statement. Welcome, secretary yellen. I appreciate you being here today. Todays hearing is about the state of the International Financial institutions. I want to take a minute to talk about the debt ceiling crisis that we narrowly avoided. First, were all glad that they seized behind us and. No one wanted to default no legislative branch official no executive branch official your statement says waiting until the last minute hurts american credibility i
Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize myself for four minutes to get an opening statement. Welcome, secretary yellen. I appreciate you being here today. Todays hearing is about the state of the International Financial institutions. I want to take a minute to talk about the debt ceiling crisis that we narrowly avoided. First, were all glad that they seized behind us and. No one wanted to default no legislative branch official no executive branch official your statement says waiting until the last minute hurts american credibility i
Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize myself for four minutes to get an opening statement. Welcome, secretary yellen. I appreciate you being here today. Todays hearing is about the state of the International Financial institutions. I want to take a minute to talk about the debt ceiling crisis that we narrowly avoided. First, were all glad that they seized behind us and. No one wanted to default no legislative branch official no executive branch official your statement says waiting until the last minute hurts american credibility i
Circumstances here require the appointment of a special counsel for this matter. This Appointment Underscores for the public the departments commitment to both independence and accountability and particularly sensitive matters. And to making decisions indisputably guided only by the facts and the law. Lets bring in Wall Street Journal columnist Dan Henninger and kim strassel do you think Merrick Garland had a choice here or was he boxed in and really had to appoint a special council or is he just trying to build in some political insulation here for the hard choices that may come . Well i would say all of the above, paul. [laughter] for sure. I mean, really consider that one week ago today, we were all sitting here discussing that fiasco of Kevin Mccarthy House Speakership Roll Forward nearly one week we have a spectacle of a special council appointed to investigate the sitting president of the United States after one has already been appointed a special council to investigate the form
If the west wants to stop russian advances in ukraine here is one place they can do that. Asian is not supplying moscow with weapons but the west believes it is supplying russia with components that it can use in its war machine. The us has a raft of new sanctions at the ready to target chinese banks so president xi has a decision to make. Live now to gary locke, former Us Ambassador to china from 2011 to 2014. Putin really wanted to play up the significance of their deepening partnership and said he and xi are as close as brothers. Do you think xi sees it that way . Certainly china wants to form closer relations with russia simply because they want a Strong Partnership in opposition to the United States and the western allies. Especially given the stance of the United States towards china in terms of tariffs and restrictions on exports of high tech goods, semiconductors and machinery to make these things. And of course our resistance and pushback on their activities around the taiwan