Service. He will not give an opening statement, but is available as a resource to answer any members questions that may arise. Begin somewe want to brief questioning by the members of the panel. It is my pleasure to recognize first representative bobby scott of virginia. As a cinematic opening comments, most of the comments are based on the mathematical curiosity that in a close election, the Electoral College and the popular vote may not agree. If youre counting electoral votes and that is what you count just like in the world series you can get outscored but still win. We heard a lot about swing states. One thing about a swing state is it assumes you have in the bag enough to get close to 270. You will spend your time on the last couple of states, just like is a president is trying to get a bill passed. When you get close to 218 in the house, a handful of members get all the attention. Those last few senators will get all the attention. That assumes that you have in the bag and off t
Moving with mike. Pretty well. The frost advisory, the one for the south bay, not a concern for our freeways. We do have one minor incident for 101. Details from chp when they show up in the next couple seconds. Slowing through highway 44. Typical slowing but well follow that as well. A big issue affecting a small group of commuters. Eastbound 80 towards the carquinez bridge, youre forced off, down san pablo and back on to 80. This is our breaking story this morning. Ill head it back to you guys. As mike just mentioned, a frantic search to find gunmen from that interstate 80 shooting. This morning, one person is dead, another wounded after a shooting along interstate 80 in pinole in the east bay. Today in the bays Stephanie Chuang is live in pinole. We understand the chp says it could take another 90 minutes before they manage to reopen that eastbound direction of 80. Thats right. A pretty conservative estimate. Technically while all eastbound lanes are closed, traffic is getting so yo
The fed can rein in inflation and avoided destabilizing asset price when the time comes. The minutes posted online do little to answer the questions of when and how this we will be done and the most recent fomc transcript available to the public is from 2,008 over seven years ago. Even though the fed has several Monetary Policy tools at its disposal an action of this magnitude as never before been taken to my knowledge. The federal open Market Committee continues to report that it can be patient and keeping the federal funds rate near zero. Too much delay could lead to more painful correction down. What they are thinking and how they analyze this difficult problem remains a mystery. Some continue some continue to dismiss calls for change or more transparency. I would argue that theyre is an even greater need for additional oversight by congress and further reforms our central bank has expanded its influence on households businesses, and markets. Not only pushing the boundaries of tradi
Of justice. The optimism but i sense not just from our students but everyone who feels now is the time to do things differently is palpable. On that very optimistic note i think all of us should thank this marvelous panel. [applause] and i also want to say i no all of you are extraordinarily busy. They are so appreciative. Let me then turned to my cochair and to all of the panelists or Task Force Members for their final comments. A few final thoughts. This is the 7th and last listening session. It it has been an interesting experience. We have gotten a lot of feedback from oral testimony, written testimony, people people who appeared and asked questions, and i am confident that will have concrete recommendations for the president on march 2 as he has requested. I am also optimistic that this is just the beginning of a much broader discussion that needs to happen if we really truly want change. Change. As we all know the best opportunity for changes when you have a crisis. We are at tha
I dont think that conflict is inevitable. I think the world that were in today is probably a different one that weve been in before when our great power rose. The movement of people, the interconnectedness of banks, of industry, of all these things that you know very well about, i think, have made it imperative that we understand the rise of china and that we, to some degree, accommodate the rise of china where we can to attempt to shape the rise of china. Ive said on many occasions that a china that would, a china with a military that would come forward as a net provider of security rather than a net user of security would be beneficial to not only the region but would be beneficial to us as well. And i think thats an achievable goal. I think that has to be looked at at how do we deal with china globally and global institutions from their role in the United Nations to how theyre behaving and conducting themselves in other regions of the world and how we interact with them there. I als