Chairman Jerome Powell will update the committee on Monetary Policy develop and the state of the u. S. Economy. It has always been four months since the last Humphrey Hawkins hearing, but we are seeing a different economy today. One that has been racked by the physical and Economic Impact of the covid19 pandemic, and ensuing shutdowns. Chairman powell, you have stated that the Federal Reserve is strongly committed to using our tools to do whatever we can and for as long as it takes, to provide relief and instability to ensure that the recovery is as strong as possible. Additionally, the fed has purchased more than 2 trillion in treasury and mortgage began ins since midmarch. Because of this, the Balance Sheet has expanded to more than 7 trillion. Congress, the administration, and regulatory agencies have taken action to protect and stabilize the infrastructure of our Economic System. The cares act has been central to that effort, and recent stats indicate that our labors are working. I
Live and we will get to audience questions with the governor before we wrap up the conversation. We also want to hear from you watching on politico. Com. What we are asking is what should congress be doing to respond to National Unrest and protests against Racial Injustice and why. You can type your answer on politico. Com. At the end of our interview, we will check out your responses. Before the governor joins us again, i want to talk about a few things we are watching this week. Number one is a state of Police Reform. That we couldint be surprised in the coming weeks and months, that Police Reform could pick up some momentum. His hopeful signs from republicans who believe congress should ban choke holds. They should be fun statutes that allow cops to escape liability liability limitations, in other words, and frankly, i think a lot of politicians right now have reached a moment where they believe there has been a National Reckoning on Police Violence and racially targeted Police Viol
Technology is a major part of our lives. Its utility that we can use to make sure that we are economically feasible into the future, that we are efficient in a use of energy. It enables our society i think to be far more productive than our 20th century industrial age. We were looking at the fact that so much of what already exists in society is connected. And what our smart cities caucus does is it looks at four different areas of how communities are connected. One is connectivity. The other principle being sustainability. The other being mobility, and in the workforce. And how all of those components Work Together to make sure that in the 21st century our Civil Society is given the opportunity to really reach its full potential, utilizing the technological advantages advances weve had in this age. Host you refer to it as the utility. Do you see as a utility like plumbing and electricity and streets and things like that . Guest it something we used but its more of an infrastructure, r
From the secretarygeneral. Then, my wonderful colleague in who works with, the alliance for securing democracy, will moderate a conversation with the secretarygeneral. She will start with fred and me and then take questions from you. Fred will close us out. Now a word about the secretarygeneral of nato. At a time when citizens in nato countries are looking for leadership, they need look no further than nato headquarters. Where secretarygeneral stoltenberg is providing strong principles and decisive leadership. It is my sincere pleasure to stoltenberg, secretarygeneral, to the stage. Mr. Secretarygeneral, over to you. Sec. Gen. Stoltenberg that afternoon from brussels. To karen anding fred in washington and welcome to all who are following us online. Last december nato leaders asked me to make our Strong Alliance even stronger. By making sure we are as effective politically as we are militarily and that we remain ready today to tackle the challenges of tomorrow. This is an opportunity t
The Senate Environment and public works Works Committee held a hearing on how infrastructure legislation can help the economy recover from the coronavirus pandemic. Senators and panelists discuss the best way to fund road and bridge projects. Good morning. I called his hearing to order. Before i discussed todays hearing i want to say a few words about what is happening in communities across the country today. This is a time of great pain and unrest for our nation. Americans are truly outraged by recent killings. Anyone who watched the video the murder of george floyd has to be horrified and heartbroken. The resulting peaceful protests about police abuse against any american citizen are important and necessary. They listen to the voices of africanamericans about police brutality. Some of the peaceful protests were hijacked by filing criminal, distraction, looting and arson stop. Those who commit these crimes dishonor the memory of george floyd and dishonor the cause and the Peaceful Pro