But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
I think it was an effective measure. The idea now is we have to hit back hard. We have to hit back strong if were going to finally put this dual crisis of the pandemic and economic payment engendered behind us. With respect to larrys point, one thing is just wrong which is our team is dismissive of inflationary risks. We have constantly argued the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to put this virus behind us. I want to quote Jerome Powell who strongly reiterated this view the other day. I think it was a week or so ago that inflationary risks are also asymmetric. He said, im much more worry about falling short of a complete recovery and losing peoples careers and lives they built because they dont get back to work in time. Im more concerned about the damage that will do, not just to their lives but to the United States economy, to the productive capacity of the economy. Im more concerned abou
Good morning. Key committee will come to order, and without objection, the chair is authorized to. Eclare a recess at any time worldys ago, the entire came together to mark holocaust Remembrance Day. In january of 1945, the auschwitz birkenau concentration camp was liberated from the nazis. It was one of the most infamous sites of the nazi genocide. The purpose of todays hearing is to commemorate these grave anniversaries, term member those we have lost, and to honor those who are with us. But it is not enough to simply recognize these dates but we must contemplate what led the atrocities we must combat bigotry, hate, and violence of all kinds day. I am so pleased to have our distinguished panel that have asked them to come together on helps solemn occasion to unify red, hope and inclusion. That. We can all do the best way to help remember is to hear from those who lived through it and we will do that today. Ae block from here is gripping institution dedicated to remembering the holoca
World leaders alike. The conference of president probably count among the 53 organizations. [applause] together, we have enjoyed productive partnership, most recently under the leadership of chairman and ceo howard. Congratulations also, betsy, like most people have heard, has been elected to the executive council and we look forward to working closely with betsy as well. By the way, fabulous speech yesterday. [applause] for more than 30 years, its been led by one of the great jewish leaders of our time. The one and only. [applause] as ceo, markham shaped history through his visionary leadership. Thank you, malcolm, for all you have done and continue to do for the jewish people. [applause] we are grateful that malcolm will continue to provide us with leadership and strategic guidance in the works of our new chief executive, william. [cheering and applauding] william is well known for his past experience and drive and we look forward to his resolute leadership. Its more than these excep
The conference of president probably count among the 53 organizations. [applause] together, we have enjoyed productive partnership, most recently under the leadership of chairman and ceo howard. Congratulations also, betsy, like most people have heard, has been elected to the executive council and we look forward to working closely with betsy as well. By the way, fabulous speech yesterday. [applause] for more than 30 years, its been led by one of the great jewish leaders of our time. The one and only. [applause] as ceo, markham shaped history through his visionary leadership. Thank you, malcolm, for all you have done and continue to do for the jewish people. [applause] we are grateful that malcolm will continue to provide us with leadership and strategic guidance in the works of our new chief executive, william. [cheering and applauding] william is well known for his past experience and drive and we look forward to his resolute leadership. Its more than these exceptional leaders that m