I think you have stuck to your guns so far but i want you to keep sticking to your guns. I would like to turn to some questions about facebook and its proposed cryptocurrency, libre. I am a supporter of innovation in the Financial Sector. Cryptocurrencya could really deliver real for increased friction and more access for consumers. As somebody who has spent the last couple of years dealing with social media and facebook in particular, i think it would facebook hasy that developed something of a trust deficit and that and that the kind of Silicon Valley mindset of move fast and break things maybe works when you were thinking about it in a Technology Framework but when we are thinking about the kind of implications social media has had around consumer privacy, public discourse, that no regulation does not always work. The House Financial Services committee, yesterday, you noted post many concerns, including potential risk to the security of the financial system. Aboute your concerns Sys
On employment rate remains low at 3. 7 percent. As of june according to the bureau of labor statistics. We just had continued rising as well. With average Hourly Earnings 3. 1 higher in june compared to a year earlier. It is the 11th straight month in which wage growth exceeded 3 . In fact the u. S. Is officially in its longest suspension of Economic Growth since 1854. In order to continue this positive economic trajectory they must continually evaluate their regulatory and super very activity. To ensure broad access to a wide variety of Financial Products and services. With respect to regulation and supervision it has been over a year since the enactment of s2155. The Economic Growth wreck regulatory relief. As you move forward in finalizing certain rules required under s2155 and consider proposing new ones consider you to consider the following. Simplify capital rules for smaller Financial Institutions. While ensuring the maintain significant capital. Simplifying the vocal rule which
After brief opening remarks members will receive testimony from our witness today and the hearing will be open to questions. Good morning once again. Welcome to todays hearing receive testimony from the secretary of agriculture. I think my colleagues participating and secretary bill sec for his time we have a lengthy hearing ahead of us. I will be brief and might remarks nearly three years ive traveled across the country to different farmers, ranchers, foresters, Rural Communities and everyday consumers. Many of our colleagues on both sides of the aisle jointly for those travels. The message we have heard from those folks was very clear. They need a government to work for them, not against them. These men and women have struggled with a fractured supply chain, considerable input cost, relentless inflation, natural disasters, volatile markets and labor shortage each consistently worsened by illconceived halfbaked executive action. What seemingly is a daily occurrence taxpayer dollars be
Decisions from the secretary of agriculture, secretary of labor, all these folks. You can understand how farmers feel like its a bureaucratic answer that we cant do anything. Are you sure theres not a special authority you have to do something more on this issue . Have you looked at every legal possibility . Unfortunately, some of the more difficult were not addressed in the senate. These mr. Miller for five minutes. Thank you, mr. Chairman. Ranking member, mr. Secretary, but did see you again. A very patient young man. I could tell you, mr. Secretary, you are very patient secretary. Thank you. I would stay ranked my nation. Livestock producers in my Congressional District at their local leaders that my Agricultural Advisory Council keep concerned impacting large regions. More troubling is the u. S. Most recent forecast released just last year indicating a 25. 5 decrease in the foreign income and 23. I know that that was touched on earlier. Farmers include strengthening pharmacy the ne
After brief opening remarks members will receive testimony from our witness today and the hearing will be open to questions. Good morning once again. Welcome to todays hearing receive testimony from the secretary of agriculture. I think my colleagues participating and secretary bill sec for his time we have a lengthy hearing ahead of us. I will be brief and might remarks nearly three years ive traveled across the country to different farmers, ranchers, foresters, Rural Communities and everyday consumers. Many of our colleagues on both sides of the aisle jointly for those travels. The message we have heard from those folks was very clear. They need a government to work for them, not against them. These men and women have struggled with a fractured supply chain, considerable input cost, relentless inflation, natural disasters, volatile markets and labor shortage each consistently worsened by illconceived halfbaked executive action. What seemingly is a daily occurrence taxpayer dollars be