Market but bond market and this inversion of the yield curve. We can talk about what youre seeing, what people are telling you. The bottom line, if history is a judge this could mean recession is on the way. Reporter makes people so anxious, connell. Yields on two year treasurys rising above the yield on a 10year. First time since 2007. That date alone spook as lot of investors. The yield curve on shorter end, now as people call it inverted. The reason it makes so many people anxious, that means investors have less confident in the near term economy versus the long term economy. Normally if you loan money in this case to the government for a short period of time, you expect your principle plus a small payment, youre not loaning money for that long. If you lend money longer you expect a bigger pay back. That is the normal logic of the bond market. You get paid more for lending longer. When this pattern reverses like now, it signals a shift in the pattern, signals a problem for a lot of
Us have observe and supported this relationship from deepening our count eerterrorismcounterte. The challenge has been to reconcile close, effective cooperation on National Security issues while remaining faithful to two very different value systems. The nature of our military cooperation, human rights violations, addressing regional bad actors and more demand attention and likely change. These issues are ripe for informed, dispassionate review. We are fortunate to have an experienced group of panelists today to delve into the factors at play affecting the u. S. Approach to saudi arabia, our relationship and its future. However, before i turn to todays program, i would like to say a few words about the middle east policy council. The council was established in 1981 for the purpose of promoting dialogue and education concerning the United States and the countries of the middle east. We have three flagship programs. Our quarterly capitol hill conference such as todays event. Our quarterl
To this conference. The topic today is the saudi arabia United States relationship. Many of us have supported this relationship from deepening counterterrorism cooperation to championing womens rights. The challenge for each side is to reconcile cooperation, National Security issues, while valueing very different systems. Under the current leadership of both countries, these tensions have been brought into sharp focus. The nature of our military operation, human rights violations, addressing regional bad actors and more demand attention and likely change. These issues are ripe for review, and we are fortunate to have an experienced group of panelists today to delve into factors at play affecting the u. S. Approach to saudi arabia, i relationship, and its future. Todays turn to program, i would like to say a few words about the middle east policy council. It was established in 1981 to promote dialogue and education between the United States and countries of the middle east. We have thre
Jamal khashoggi, the civil war in yemen and Irans Nuclear program. All right. Good morning, everyone. I am gina, the vice chairwoman of the board of the middle east policy council. Im pleased to welcome you to this, our 97th quarterly capitol hill conference. Our topic today is the United States Saudi Arabian relationship. Over the last 40 years, many of us have observed and supported this relationship from deepening our counterterrorism operation to championing womens rights. The challenge on each side has been to reconcile close, effective cooperation on National Security issues while remaining faithful to two very different value systems. Under the current leadership of both countries, these tensions have been brought into sharp focus. The nature of our military cooperation, human rights violations, addressing regional bad actors and more demand attention and likely change. These issues are ripe for informed dispassionate review and we are fortunate to have an experienced group of p
We take you live now to the house science, space, Technology Committee hearing featuring epa administrator Michael Regan. The hearing will review the Environmental Protection Agency Science and technical activities and their use in policymaking. The committee will come to order. Without objection, the chair is authorized to declare recesses of the committee at any time. Opening statements. I would like to also request unanimous consent to submit chairman lucas Opening Statement for the record. Now recognize myself for five minutes for an Opening Statement. I would like to welcome everyone to this mornings hearing for science and technology at the Environmental Protection agency. I am pleased to welcome epa administrator Michael Regan for the first time in front of the Science Committee. In fact, this is the first time any epa administrator has testified since 2019 so we certainly have a lot to discuss. While i appreciate you joining us today, your testimony was sent to the committee un