The committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I recognize myself for four minutes to give an opening statement. Today this committee convenes for a hearing on Monetary Policy and the state of the economy. Chairman powell, welcome back. Today i would like to start by addressing the current elephant in the room when it comes to Monetary Policy and the fed. This president has made it clear that he has no understanding or respect for the independence of the Federal Reserve. He has said the fed, quote, doesnt have a clue, quote, unquote, called it the most difficult problem for the u. S. According to media reports, he discussed firing chairman powell because of policy he doesnt agree with. Lets be clear, it is essential that the Federal Reserve maintain its independence from the executive branch. So i urge chairman powell and other Federal Res
Witness estimates with senator peters. Thank you, mr. Chairman. The 2020 census will serve as a road map for the next decade, determining how billions of dollars of federal resources and representation will be divided among the states and it will undoubtedly impact every community in america and every person must be counted. An accurate count isnt just about understanding how many people live in our country. This is about ensuring that communities across america have access to the resources that they need to grow and to succeed. Public Health Officials use census data to direct resources to combatting the Opioid Crisis and other health emergencies. First responders and Disaster Relief agencies used this data to determine where they should direct Emergency Response efforts. Local businesses also use census data to help decide where to invest in new factories and stores and in my home state of michigan, 29 billion in annual federal funding is on the line. For every person not counted, mi
[gavel] committee will come to order. Without objection the chair to declare recrest of the committee at any time. This hearing is entitledle policy and the state of the economy. I now recognize four minutes to an opening statement. Today we convene on Monetary Policy and the state of the economy. Chairman powell, welcome back. Oday i would like to start by addressing the current elephant in the room when it comes to policy and the fed. This president has made it clear or he has no understanding respect for the independence of the Federal Reserve. Doesnt d the fed, have a clue. Most lled at this time difficult problem for the u. S. Hes ing to media reports discussed firing chairman powell just as hes fired others he with. Not agree lets be clear. It is essential that the federal maintain its executive e from the branch. So i urge chairman powell and other Federal Reserve board overnors not to submit to the High Pressure tactics of this president who continues to push economic nd harmfu
And the state of the economy. The committee will come to order. The chair is authorised to declare recess at any time. This hearing is called Monetary Policy and the state of the economy. I would like to start by addressing the elephant in the room. This president has made it clear that he has no understanding or respect for the independence of the Federal Reserve. Doesnt fed, have a clue. Most lled at this time difficult problem for the u. S. Hes ing to media reports discussed firing chairman powell just as hes fired others he with. Not agree lets be clear. It is essential that the federal maintain its executive e from the branch. So i urge chairman powell and other Federal Reserve board overnors not to submit to the High Pressure tactics of this president who continues to push economic nd harmful and social policies. Another issue i hope chairman powell will address is facebooks recently announced with 27 other crip toe to develop a currency and digital wallet. And others have raised
Campaigns with social media and undercut risks. The Senate Homeland security and Governmental Affairs Committee Hearing is one hour and 45 minutes. I want to welcome our witnesses and im hoping the separation between the witnesses doesnt indicate anything here. I will enter the record and get right to the Ranking Member to the witness testimony. Thank you mr. Chairman. The 2,020t 2,020th and this wile as a roadmap for the next decade determining how billions of dollars of federal resources and congressional representation will be divided among the states and the results of this we all undoubtedly impact every community in america and every person must be counted. The account isnt just about understanding how many people live in our country, this is about ensuring that the Community Across america has access to the resources that they need to grow and succeed. These resources to combating the Opioid Crisis and other health emergencies. First responders and Disaster Relief agencies where