Cspan3, online at cspan. Org or listen with the free cspan radio app. [captions Copyright National cable satellite corp. 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] and the house coming in, getting down to legislative work after the fourth of july recess, taking up seven bills this afternoon. All from the Financial Services committee, including a whistleblower protection bill. Also, the house has announced theyll vote friday on the 9 11 Victim Compensation fund bill which passed by the Judiciary Committee unanimously last month by voice vote. And tomorrow, the house will 733 k on the 7 3 defense appropriations bill. The Senate Passed their version. 750 billion measure. Votes in the house this evening at 6 30 eastern. Theyll be here shortly. Live coverage on cspan. The speaker pro tempore the chair will postponefurther proceedings today on motions to suspend the rules on which a recorded
We could enter the next downturn with very little ammunition to use to our favor. David the markets are not betting on a cut this time. Carl a 20 to a 25 chance of a cut. David maybe in july. What about the Economic Outlook . Might they mention trade . Carl they will absolutely have to talk about trade and code language for trade will be Global Economic prospects, which is the whipping child they use in december and january when things were falling apart. It looked like the december rate hike was illconceived. They blame the deterioration of the global landscape. We will see versions of that today but more specifically referencing how trade is impacting the economy. That being said, given what we know about q1 gdp and our best guess for q2, it looks like the fed may have to mark its 2019 gdp forecast relative to what they were originally forecasting. It is difficult scenario where the forecast will show stronger gdp growth, a lower trajectory for the Unemployment Rate, and at the same
He should he serves as an economical studies scholar. He is here to talk about the issues facing millenials when it comes to retiremen guest the truth is, mostly because everyone worries about retirement, but we have been , some of us think over focusing, on the baby boomers on the verge of retirement and focusing on their worries and whether they are prepared, and not paying attention to the fact that everyone else also is nervous. Everyone else is nervous that when they retire Social Security will not be there. Everyone else is nervous that they will not have enough money saved. What is happening is it is a good thing that we are beginning to realize that there are about to be more millenials than baby boomers, and we are not talking to them or thinking about them. That is the reason for paying attention. In thehere is a line report that i want to read you saying millenials will have several advantages such as more education and longer working lives, and more flexible worker rain bin
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and principal commissioner and chief operating officer. The Social Security administration. Executive director of the pension benefit guaranty corporation. Out of government and investment banker. Cofounder, a Risk Management company. And he just was talking about it. Chairman recently of the new art museum and Greenwich Bruce Museum just opened up place he says where art meets so i thought im going
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet