We ask you all to take your seats if you will. Today we hear from deputy secretary of state John Sullivan on the proposed reforms that he and secretary tillerson are working on for the state department and for the agency for international development. I dont think there are many that question the need to improve the operation of both agencies. A more efficient and effective state department in u. S. A. Id would better promote our National Security and our many other interests around the world. So i have welcomed the administrations undertaking. Secretary state Rex Tillerson has started a process here as those that state will tell you where hes focusing on listening to the diplomats and listening to the employees. Our Foreign Service officers. I think this is very commendable. He has sought feedback from the bottom up. Many employees, he reports, have asked, and i think this speaks volumes, theyve asked for more responsibility and in turn more accountability for their performance. They
We ask you all to take your seats if you will. Today we hear from deputy today we hear from john sullivan. I dont think there are many that question the need to improve the operation of both agencies. Operation of both agencies. A more efficient and effective state department in u. S. A. Id would better promote our National Security and our many other interests around the world. So i have welcomed the administrations undertaking. Secretary state Rex Tillerson has started a process here as those that state will tell you where hes focusing on listening to the diplomats and listening to the employees. Our Foreign Service officers. I think this is very commendable. He has sought feedback from the bottom up. Many employees, he reports, have asked, and i think this speaks volumes, theyve asked for more responsibility and in turn more accountability for their performance. They also want better training in a modern it infrastructure. And i think they deserve these tools and we would be all bet
Roll back begins with the fed. Chair janet yellen on the hill. Rate hikes, Balance Sheet, strength of economy. Speaking of yellen who might be the next fed chair . Carey co00s name getting another boost. And apple bringing down targets for iphone sales. Will it be a delayed launch for the 8. Futures up modestly after sell off sparked by donald trump jr. s release of email exchange. Yellen will testify before the house. She says gradual rate hikes will be needed to sustain economic expansion. Regarding Balance Sheet see says the committee anticipates reducing quantity to a level below recent levels. What got peoples attention is the idea that rates may not have to get as high as they were in prior cycles. I think what that is saying to people is we are going to take them up but you are not going to get inverted yield curve. There have been a lot of recession talk of late which i dont get. There is no recession on the rise from the companies. This does take that off the table. What it do
Question because in the spirit of these people that have worked so hard and so long like tom and like brock and so many others, did the United States, did our government, when we came in, did we do a great job . Military . First responders . Fema. Did we do a great job . You responded immediately, sir, and you did so, tom and brock, they have been on the phone with me essentially every day since the disaster. We recognize there are some logistical limitations. We didnt have the airports working in full capacity until about a day or two e ago. So that was always a very limiting step, but if you consider weve gone even with those obstacles, weve gone b about 15,000 personnel in puerto rico, about 2,000 fema personnel. Hhs and others. The response is there. But we need to do a lot more . Of course. And i think everybody here recognizes theres a lot of work to be done in puerto rico, but with your leadership sir and everybody here, were committed to achieve thag in the long run. In the las