Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
House suspend the rules and pass bill h. R. 1964, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 1964, a bill to provide for the recognition of of north tribe carolina, and for other purposes. The speaker pro tempore the ant to the rule, gentleman from california, mr. Huffman, and the gentleman from utah, mr. Bishop, will each minutes. 0 the chair recognizes the gentleman from california. R. Huffman thank you, mr. Speaker. I ask unanimous consent that all members may have five legislative days to revise and and include remarks extraneous material on the consideration. The speaker pro tempore without objection, so ordered. Mr. Huffman mr. Speaker, i yield myself such time as i may consume. The speaker pro tempore the gentleman is recognized. H. R. 1964, the lumbee recognition act, introduced by our colleague from North Carolina, mr. Butterfield, ill finally extend recognition to the lumbee tribe of North Carolina. He lumbee tribe resides
Vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . If not, the yeas are 77. The nays are 14. The nomination is confirmed. Mr. Cotton mr. President . The presiding officer the senator for arkansas. The presidin the presiding officer under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates actio actions. The senator for arkansas. Mr. Cotton i ask unanimous consent the senate proceed to legislative session for a period of morning business with senators permitted to speak therein for up to ten minutes each. The presiding officer without objection. Mr. Cotton mr. President , 20 years ago this week, joe biden and other politicians in both parties gave a gift to the communist party permanent, most favored nation status. Permanent most favored nation status is a trade privilege we grant to most countries who are members of the world trade
It is a story leading up to the civil war when the nation was very clearly divided into two political camps. We live in a politically divided time, although i dont want to imply we are headed for civil war. I dont know what we are headed toward, but there is resonance in the way we have red and blue states today. There were northern and Southern States then that were fundamentally divided over this giant issue of slavery. There are other things. The 1840s and 1850s was a time of enormous technological and economic change. The development of the temoak inof the telegraph came 1834. Within a few years of the invention of the telegraph, cities east of the mississippi were connected and there was National Conversation which becomes part of the story i tell. It turns out these communication devices that were designed to bring people closer together drove them farther apart. They were horrified by what people on the others were saying. There is that. There is also just the fact that it is a
The first is a little disturbing. It is a story leading up to the civil war when the nation was very clearly divided into two political camps. We live in a politically divided time, although i dont want to imply we are headed for civil war. I dont know what we are headed toward, but there is resonance in the way we have red and blue states today. There were northern and Southern States then that were fundamentally divided over this giant issue of slavery. There are other things. The 1840s and 1850s was a time of enormous technological and economic change. The development of the temoak of the telegraph came in 1834. Within a few years of the invention of the telegraph, cities east of the mississippi were connected and there was National Conversation which becomes part of the story i tell. It turns out these communication devices that were designed to bring people closer together drove them farther apart. They were horrified by what people on the others were saying. There is that. There