Short one. We conclude with andy card, jack watson and john podesta, three former white house chief of staff. They join Chris Whipple to talk about his new book the gatekeepers how the white house chiefs of staff define every presidency. One of the roles of the chief of staff is the president is hearing all the voices that he needs to hear. Rose to be an honest broker. To be a very honest broker and also, as part of that role, honestly, to tell the president no when he needs to be told no and thats not easy. Historian David Mccullough and a look into the job of white house chief chief of staff whene continue. Rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose im pleased to have David Mccullough back at this table, welcome. Thank you, charlie, grad to be back. Rose very good to see you.
Question and i certainly understand. Congress has given you this authority and this directive. Should congress not also have oversight over that authority in which weve given you . Chair yellen congress, of course, has oversight over our conduct. Rep. Mchenry you agree both domestically and internationally that we should have oversight over those rulemaking activities. In accordance with that, i sent you a letter from a couple weeks ago. Thank you for the reply. I dont actually like the contents of it, but thank you for replying in a timely fashion before the hearing. I asked for your assurance about your participation in these International Agreements for you to posit and tell the new administration, who has a markedly different approach to and has got their appointees in before you finalize any discussions internationally. Chair yellen you know that nothing is a rule that is effective in the United States until regulatory agencies have gone through a normal rulemaking process. Nothin
Is authorized to declare recess of the committee at any time come in all members will have five legislative days within which to his extraneous materials for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governorboard of govere Federal Reserve system. On the conduct of Monetary Policy and the state of the economy i now recognize myself for three minutes to give an opening statement. After eight years in the largest Monetary Policy stimulus in the history and the most unconventional Monetary Policy in our history, americans recently received disappointing Economic News yet again. It is official, the economy grew at a measly 1. 6 in 201 2,016thn our historic norm is twice that. That takes eight years of subpar growth in eight years of stagnant paychecks and eight years of him replenish savings. Notwithstandinnotwithstanding tn that the fed to come and notwithstanding the personnel. After eight years, there is a
Is authorized to declare recess of the committee at any time come in all members will have five legislative days within which to his extraneous materials for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governorboard of govere Federal Reserve system. On the conduct of Monetary Policy and the state of the economy i now recognize myself for three minutes to give an opening statement. After eight years in the largest Monetary Policy stimulus in the history and the most unconventional Monetary Policy in our history, americans recently received disappointing Economic News yet again. It is official, the economy grew at a measly 1. 6 in 201 2,016thn our historic norm is twice that. That takes eight years of subpar growth in eight years of stagnant paychecks and eight years of him replenish savings. Notwithstandinnotwithstanding tn that the fed to come and notwithstanding the personnel. After eight years, there is a
This second weekend here inkend march. Marc so, winter waited until iunt i guess march to show up this his year but it sure has as we as we take a look at temperaturesemp this morning, very cold allldall across the area. Rea. 26 Reagan National, 25 dullesnas and 22 at bwi marshall. Ar were coming off another weekthe where we had days in the 70s s and it felt amazing so i just jt cant believe how quickly week k after week things have changedcd and they have really changed for the colder. This is a look coat airt ir temperatures that are only in on the teens off towards ourowards north and west. We 19 westminster, frederick and gaithersburg but its gusty out there. Ou it has been all t nthight as tht polar front came through. Thr we have sustained winds atwindsa about five to 10 to 15 milesto an hour in some spots so as a s result, youve got wind chillsh in the teens. Teens. Later this afternoon evenoon though well rise into the welo upper 30s well only have wind chills in the 20s, so0s,