Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds interMonetary Policy. A recent news story noted that trump has tweeted over 100 times about your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics. Fedsolding the independence, you should also be mindful of public perception. Of course, trump continues to claim credit for Economic Growth that was put in motion by the policies of p
Mexicos biggest city introduces a new plastic bag. Washington has announced a new wave of economic sanctions on iran in retaliation for its missile attack on bases in iraq housing u. S. Troops sanctions targets irans manufacturing and Mining Industries as well as 8 senior officials kimberly hellcat reports from the white house already americans are under attack whether were tensions between the United States and iran still escalating on friday the u. S. Secretary of state and treasury secretary and oust more sections against iran in retaliation for its attack on iraq the military bases used by u. S. Troops the president has been very clear we will continue to apply economic sanctions until iran stops its terrorist activities and commit that it will never have Nuclear Weapons the sanctions target or raw and steel iron trade construction mining and textile industries theyre also saying sins against 8 Senior Iranian officials the tropic ministration says are responsible for spreading viol
There are a lot of charities worrying you may not be quite so generous. Right now on and the kpix5 news at 7 and streaming on cbsn bay area, christmas will never be the same for two Alameda County families after a horrific crash. That evening. Three teenagers are dead including twin brothers. Da lin has what went wrong. Reporter chp investigators are investigating how a car lost control and ended up hitting this tree. Three teenagers were trapped and died in the car. Chp says a boy and a girl rejected it. The victims family members confirm the 16yearold twins died in the crash. Their names, mark and michael urista. Family friends in the third boy is javier ramirez. All three teenagers attended dublin high school. Mark and michaels cousin survived the crash. Chp says he and a teenage girl suffered from major injuries. It was a loud impact. It shook the house. It was loud. Reporter the accident happened around 10 00 christmas night. Behind sharon and steves house. They called 911. The ca
Im afraid, with this case. The queen hails the bravery of passers by yesterday, who restrained the attacker before he was shot dead by police. When we were all kicking him and holding him to the ground, we we re we were trying to dislodge the knife from his hand so he couldnt hurt anybody else. The guys that were there were just amazing, absolutely incredible people. In other news, millions of commuters will have to pay an average of 2. 7 more for rail tickets in the new year. And, at 4 30pm, the highlights from this weeks Victoria Derbyshire programme, including the latest in the series of election blind dates. Good afternoon. Welcome to bbc news. In the next few minutes, we hope to have an update from new Scotland Yard, the home of the metropolitan police, where the assistant commissioner, the National Lead officerfor commissioner, the National Lead officer for counterterrorism for the police in england and wales, will be making a statement. He gave way yesterday and we are expecting
Threat to the public. To this end, we carried out two searches at addresses both in staffordshire and in the stoke on trent area. The Prime Minister says he wants longer sentences for violent offenders , and says the attack is proof serious criminals shouldnt be released from prison early. The practice of automatic Early Release, where we cut a sentence in half, and lets serious violent offenders out early, simply isnt working, and we have some very good evidence of how that isnt working, im afraid, in this case. But the mayor of london sadiq khan says ministers are to blame for reducing sentences for serious offenders. Judges used to have the power to give an indeterminate sentence to protect the public. And in other news, millions of commuters will have to pay an average of 2. 7 more for rail tickets in the new year. And england will face croatia in their opening game for the euro 2020, on 14th june. Good evening. One of the victims of yesterdays terror attack has been named as jack