I now recognize myself for an opening statement. Chair,his tenure as fed he served as the chair of president bushs council of economic advisers. In their first congressional testimony since leaving the Federal Reserve, former chairs ben bernanke and janet yellen called on congress to take action to encourage economic recovery. To 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Time eitherfirst dr. Bernanke or dr. Yellen have testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out of experts with extraordinary experience. As Congress Works to end the economic crisis and enable a strong recovery, we are fortunate to benefit from their individual insights and gain from their unique position as Federal Reserve chairs in the last economic crisis and recovery. I want to thank both of them for agreeing to te
Come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. I now recognize myself for an opening statement. Today, a select subcommittee is pleased to welcome our distinguished panel, dr. Ben bernanke and dr. Janet yellen. Dr. Bernanke was appointed chair of the Federal Reserve by president george w. Bush in 2006 and oversaw the Federal Reserves response to the Global Financial crisis. Before his tenure as fed chair, dr. Bernanke served as the chair of president bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014, before being appointed chair in 2014 by president barack obama. Dr. Yellen also previously served in the white house as chair of the council of economic advisers. This is the first time that either dr. Bernanke or dr. Yellen has testified before Congress Since stepping down from the Federal Reserve these extraordinary times require congress to seek out advice from expert
President bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014 before being appointed chair. In 2014 by president barack obama. Dr. Yellen also previously asved in the white house chair of the council of economic advisers. Time eitherfirst dr. Bernanke or dr. Yellen have testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out of experts with extraordinary experience. As Congress Works to end the economic crisis and enable a strong recovery, we are fortunate to benefit from their individual insights and gain from their unique position as Federal Reserve chairs in the last economic crisis and recovery. I want to thank both of them for agreeing to testify today. Crisis, thento this coronavirus pandemic continues to spiral out of control. Today, over 3 million americans have tested positive for the virus, including a recordbreaking 75,600 confirmed yesterday. Than
[inaudible [inaudible conversations] the hearing will i welcome you all. [inaudible] we have a profound responsibility to do all that we can do. [inaudible] that could be trouble. All right. Can we get the rest on record as i get started here quick servicemembers put their lives and their health on the line when they put on theirand in return they have a profound responsibility to make sure that the nation is doing all that it can to keep us safe, to training casualties and provide the best possible care for those who are injured. We are holding this hearing because dod is not meeting its responsibility when it comes to traumatic brain injuries and other injuries that result from firing weapons. Injuries from the pressure thats caused by a shockwave that exceeds the normal atmospheric values have been signature with wounds of the wars in iraq and in afghanistan. But there are also injuries incurred in training home. They are invisible but they affect thousands of Service People causing
With great internet. Wow supports cspan as a Public Service along with these other Television Providers giving you a frontrow seat to democracy. [inaudible conversations] [inaudible conversations] [inaudibleh conversations] the hearing will come to order. I welcome you all to todays hearing [inaudible] servicemembers put their lives on the line [inaudible] make sure the nations [inaudible] okay. That could be trouble. All right. Can we get the other brokerages like a started here . Servicemembers put their lives and their health on the line when they put on their uniforms here and in return we have a profound responsibility to make sure that the nation is doing all that he can to keep them safe, to prevent battlefields and training casualties, and to provide the best possible care for those who are injured. We are holding this hearing over there . Good. We are holding this hearing because dod is not beating its responsibilities when it comes to traumatic brain injuries and other injuri