Welcome to the second day of the policy conference. My name is ilan kolet. Im the head of inflation and Commodities Research at Fidelity Investments in boston. Today, we have the pleasure of hearing the latest views from World Bank President David Malpass. President malpass is the 13th president of the world bank group. A term he began last year. Prior to joining the world bank, he served as undersecretary of the treasury for international affairs, founded a Macroeconomics Research firm, and served as the chief economist at bear stearns. While many of us know him now as a policymaker, there is a very long history in private sector macroeconomic analysis. Yesterday, when i was chatting with a retired friend of mine, he mentioned that the best moderators are funny, fluid, and forgettable. With that, president malpass, the floor is yours. That was funny and fluid and everybody will remember it. So you failed. Well, ilan, im very pleased to be here. Ive got some notes, and then ive got som
Welcome to the second day of the policy conference. Im the ahead of inflation, oddities research and fidelity in boston and today we have the pleasure of hearing the latest views from the 13th president of the World Bank Group determined he began last year prior to joining he served as undersecretary of the treasury for international affairs, founded a Macroeconomic Research firm and served as the chief economist while many of us know him now as a policymaker there is a very long history in the private sector economics. When i was chatting with a friend of mine he mentioned the best moderators are funny, fluid and forgettable. With that, the floor is yours. Im very pleased to be here. Ive got some notes and then it is nothing as to tell people about and am looking forward to the conversation and the National Association the meetings were one of my favorite in the 1980s when i was at the Senate Budget committee and the joint Economic Committee select switched on to be back and see some
The World Bank Group determined he began last year prior to joining he served as undersecretary of the treasury for international affairs, founded a Macroeconomic Research firm and served as the chief economist while many of us know him now as a policymaker there is a very long history in the private sector economics. When i was chatting with a friend of mine he mentioned the best moderators are funny, fluid and forgettable. With that, the floor is yours. Im very pleased to be here. Ive got some notes and then it is nothing as to tell people about and am looking forward to the conversation and the National Association the meetings were one of my favorite in the 1980s when i was at the Senate Budget committee and the joint Economic Committee select switched on to be back and see some old friends. The 1980s was an important time for u. S. Growth but like today, the years presented challenges for growth especially for the developing countries theres quite a few topics today but the one id
Understand its both federal, commonwealth, and municipality permitting at all levels that needs to be expedited for any private Sector Investment to become a quick recovery. Do you think thats needed . My view is that Economic Growth and fast tracking projects is not inconsistent with being good stewards of the environment. And we have a very robust patriots sess within title 5 within the working group we have set with the government to assure that we the residents f puerto rico let me follow up with you. The i see an example of why title 5 in this instance doesnt work. Mr. Grijalva Public Comments about the project are overwhelming in opposition. Its opposed by both mayors groups, representing all the mayors on the island. It was stalled in part because it couldnt get a permit to drain 2. 1 million gallons from a protected wetland. Farm earns residents are concerned about the effects on their health. That it could undermine recycling programs that are in place. It flooded during the h
Live coverage resumes at 9 00 a. M. Eastern on cspan3 and cspan. Org or listen live using the free cspan radio app. Most of puerto rico is still electricity and an estimated 100,000 residents have left the island. Puerto ricost Recovery Efforts and challenges. This House Committee hearing is three hours. The committee on Natural Resources will come to order. We welcome you here today. We are needing to her testimony on examining the challenges and puerto ricos recovery. We welcome you all here today. I ask for consent for the gentleman from california. The gentleman from new york. Illinoisgentleman from and the gentleman from new york, with the committee to participate in the hearing. If you notice, these three are already here. If there are no objections, that is so ordered. Under Committee Role fourf any statements i mask enough for consent that any member who wishes to make an Opening Statement be made part of the hearing record if they are submitted to the clerk by 5 00 p. M. Today