Richard we think the additional fiscal support will likely be needed. I think, it is very clear that the cares act, which passed in march was a historic government response to a historic crisis. A thrill that a 3 billion dollar package provided significant support to the economy. The economy has made a lot of progress, about 11 million jobs have returned, but there is a deep hole. Steve, theng us is portfolio manager. I wonder if you can piece those two things those two things together. It seems like there is still a rotation. Fed official after fed official are calling for more fiscal stimulus that we will not get. Steve i think we are going to get it, but not before the election, because i think it is a political football, and now you have the Supreme Court battle that will show us that will suck all of the air out of the room. After the election, or in the new congress if one side or the other scores a victory. You will get additional fiscal support. I think it makes sense, the econ
Pending books begin with jeffersons memoir and 18 cents have written books. Prior to the 20th century memoirs were rare grants were the exception. Jimmy carter the author of 25 books including Public Policy and Foreign Policy and a novel and also a Childrens Book which was illustrated and then appeared on book tv afterwords where he discussed the white house diaries he kept while in office 1977 to 1981. Welcome to washington dc mr. President. When you fly in and go over the monuments and the potomac what do you think flying into this town . I look for the white house to see if its there and the wonderful times. And we flew over the canal sounded by douglas a justice for the Supreme Court. I was running about 40 miles a week then. Thats a lot. I think about the good times and how thankful i am now to have that bipartisan support which doesnt exist anymore. Is there a republican in the senate are congress that you learn to enjoy working with that you became friends with . Senator baker w
The averages gave back their gains. The s p declining. Nasdaq dipping. 24 . There is a lot going on here i think even the tariffs on until china actually follows through with its promises since they doublecrossed us so many times makes a ton of sense it should have caused a rally, not a selloff. But maybe i was some sort of weird mistaken reason to take profits. First, lets consider how much good the trade war may have accomplished in our country in a short time tomorrow the United States and china will sign the historic agreement. They agreed to buy 200 billion in goods and services from us to roll back half of a 15 on levies on other products were still keeping tariffs on chinese goods and china allowed the currency to become much stronger the in exchange, were no longer ka a. K accusing of them of currency manipulation so for everyone that told us the Chinese Communist party is playing the long game, that there was no way we could win, and we would get nothing, well, how did that wo
I want to mention a couple of upcoming events. On december 4th we have a news maker with Sheldon White house and on december 9th a headliners coffee and conversation with lonnie bunch. And i would like to present miss abrams with down of the most highly coveted items in washington d. C. A National Press club coffee mug. And finally, before your race, one of the things you were known for was writing romance novels. Is there another novel in the works . Oh im glad you asked. I technically still have to write the third novel in the trilogy that i stopped writing when i became democratic leader. Im going to get that one done, because i dont want to hear from my mom or sister again about this. Im working on a new legal thriller, and that should be coming out sometime in the near future. But its going to be under stacey abrams, because the other name is kind of known. Thank you for being with us. Thank you for having me. And we are adjourned. good morning, everyone. The committee will come t
Good morning, everyone. The committee will come to order. Were here today to consider the nomination of Dan Brouillette to be the secretary of energy. He currently is serving as the deputy secretary of energy, and i am certainly one who believes that you have done an excellent job as second in command to secretary perry. So we welcome you back to the committee. Its good to have discussion with you last week. I want to thank you really want to thank you for all youve done at the department, for your willingness to serve to this point, and for your willingness to step up in this new and higher capacity. Weve got our colleagues here this morning to introduce the deputy secretary, both texas and louisiana are well represented. Mr. Deputy secretary, you should feel very welcome by having these gentlemen next to you. So we will start with senator cassidy up here at the dais followed by senators cruz and kennedy to introduce the deputy secretary this morning. So senator cassidy, if you would