Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds interMonetary Policy. A recent news story noted that trump has tweeted over 100 times about your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics. Fedsolding the independence, you should also be mindful of public perception. Of course, trump continues to claim credit for Economic Growth that was put in motion by the policies of p
Statement. On october 18th, f dardai s announced its independent lab detected talc in johnson and johnsons baby powder. They issued recall for one lot of its talcum powder. I sent an invitation to alex gorsky requests he appear before our subcommittee to discuss the Public Health concerns regarding j and j baby powder. Im disappointed that j and j has refused to comply with our request. While hes not refrained from making multiple public statements on this topic including offering written statements and speaking with media outlet, he has now avoided voluntarily testifying under oath before congress. In fact, this subcommittees very first hearing earlier this year examined possible carcinogens in talc based products. Johnson and johnson objected to the hearing claiming it had not been invited to participate. In a Media Release subsequent to our hearing johnson and johnson stated the subcommittee did not hear the preponderence that supports the safety of our product. We wanted mr. Gorsky
Live gaveltogavel of the house. Theyll gavel in next. Up the resolution on the appointment of managers of impeachment. Live coverage on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God, we give you thanks for giving us another day. You helped promise god, you are with us wherever we are and whatever we are doing to heal and to help, give strength and make us whole. On this day, the house and the senate draw our nations attention as the process of impeachment moves forward. Bless all members of congress with wisdom. Give them the courage to honor the constitution as they have promised to do so that all americans can proudly observe their government in action. Opinion and feelings will be on edge, may all members be filled by your holy spirit and engage each other with goodwill and respect. May all that is done this day and in the days to come, be for your gritter honor and glory. Amen.
Note a quorum is present. We we will hear testimony from e department of education implementation of borrowed eventual. Pursuant to commingle 7c statements are limited to the chair and Ranking Member. I want to thank secretary devos of being with us today and thank her for a green to hold enough time in the schedule all of the members present to have amendments confinements of questions pursuant to house rules. Especially thankful because this cheer im exercise my prerogative to go last in question order so it she were to leave early i wouldnt get to ask questions. I want to thank you for agreeing to stay with us for the fulltime. I recognize myself enough for the purpose of making an opening statement. We are here to examine the department of educations implementation of the borrower defense rule. I want to thank you, madam secretary, for appearing before the committee to discuss this important issue. Borrower defense is a rule grounded in basic fairness. Student borrowers who are def
Worsening homeless crisis. So many folks are fleeing california, that the population growth there is at the slowest rate since 1900. Key developments tonight on the battle to fund Border Security, from the Trump Administration planning a court fight to seize private land in texas for its wall, to House Democrats demanding answers over the death of immigrants in u. S. Custody. Im Jackie Deangelis in for Elizabeth Macdonald tonight. The evening edit starts right now. Jackie a big gift for investors this holiday. China coming out and saying theyre cutting back tariffs on 389 billion worth of import. That is starting january 1st. Hillary vaughn in d. C. With the latest. Hillary . Reporter jackie, china is chopping tariffs on frozen pork and 800 other products to kick off the new year. The pork cut on u. S. Pig exports to china is really early Christmas Gift for u. S. Pig farmers who capitalize on chinas big pig demand. Who until now have been dealing with high taxes on u. S. Pork exports.