, not pushing back on the fact ont he will delay tariffs the european auto sector, as people had inspected. We are also seeing continuing weakness in the spanish market. Wait for fed chair powell to address congress, lets bring in Michael Mckee. Yesterdaytting here with me when the present was addressing the Economic Club of new york, and talking about fed chair jay powell and what he should do. Will jay powell just get questions on that today . Michael he may come from both sides, but it is unlikely jay powell will rise to the bait. He will want to stay out of that whole thing. Think the economy is in a good place, and that is partly because of us. This in about these fed appearances is they release the testimony early, so weve already reported it. The bad news is that he didnt say a whole lot. He didnt add to what we know. Basically, his line about the economy is that it is in a favorable place because of the fed cuts. As Monetary Policy operates with a lag, the full effect of adjust
Far too fast an increase and far too slow a decrease. But we all make mistakes, dont we good wednesday morning, welcome to squawk alley. Im carpal kwinquint nilla with Morgan Brennan fed chair powell is expected to testify in just a few moments. Well bring you his testimony in full once it begins. Ahead of that weve got every angle covered. Steve liesman, rick santelli, bob pisani, tom porcoli. Fed chair powell is telling joint congress that rates are on hold unless there is a big change to the outlook. The operative sentence, we see the current stance of Monetary Policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our policies of moderate economic growth. What would it take to change course developments that would cause a material reassessment of our outlook, which is say the bar is kind of high bmo writing the chair stayed true to the patience script, confirming that rates are likely in an extended Holding Pattern p
The committee on education and labor will come to order. Hello, everyone. I note that a quorum is present. The committee is meeting in a legislative hearing to hear testimony on hr2694 the pregnant workers fairness act. I note for the committee that miss mcbath and mr. Cohen of tennessee are permitted to participate in the hearing. Members who sit on the subcommittee and are present shall have First Priority to ask questions followed by members who sit on the full committee and present and only after all Committee Members who are present have gone, shall members who are not on the committee of education and labor ask questions. Pursuant to the committee reel 7c, the Opening Statements are limited to the chair and the Ranking Member to allows us to hear from the witnesses sooner and provides all members can adequate time to ask questions. I recognize myself now for the purpose of making an opening statement. As a mom and a policymaker, i know how important it is to protect the Economic
Today in a legislative hearing to hear testimony on h. R. 2694 the pregnant workers fairness act. I note for the subcommittee that ms. Bass of georgia and mr. Cohen of tennessee are permitted to participate in todays hearing. Members who sit on the subcommittee and our present shall have First Priority to ask questions followed by members who sit on the full committee and only after all Committee Members who are present have gone show members who are not on the committee asked questions. Pursuant to Committee Rule seven Opening Statements are limited the chair the Ranking Member. This allows us to hear from her witnesses in her and provide all members with adequate time to ask questions that i recognize myself now for the purpose of making an opening statement. As a a mom and a policymaker hih know how important it is to havo Economic Security. Unfortunately our current laws aree inadequate in many pregnant workers are placed on unpaid leave or forcedd out of work whn they only need a
And suspend the rules and passing h. R. 2852. The first electronic vote will be conducted as a 15minute vote. Pursuant to clause 6 of rule 9 pursuant to clause 9 of rule 20, remaining votes will be conducted as fiveminute votes. Pursuant to clause 8 of rule 20, the Unfinished Business is the vote on ordering the previous uestion on House Resolution question on House Resolution 548 on which the yeas and nays are ordered. The clerk will report the title of the resolution. The clerk house calendar number 40, House Resolution 548. Resolution providing for consideration of the bill h. R. 205, to amend the the gulf of Mexico Energy security act of 2006 to permanently extend the moratorium on leasing in certain areas of the gulf of mexico, providing for consideration of the bill h. R. 1146, to amend public law 11597, commonly known as the tax cuts and jobs act, to repeal the Arctic National wildlife refuge oil and gas program, and for other purposes. And providing for consideration of the bil