The Committee Meets today to consider the nomination of vice admiral Michael Beauvais to navy admiral and to be chief of navy operations. Thank you for being here, also extending a welcome to your family and want to invite you to introduce anyone at the time that you are recognized for an opening statement. We have our eight boring questions that are required so if you would please audibly respond to them so that we can have them in the record. Have you adhered to the laws and regulations governing interests . Yes, senator. Will you ensure that your staff complies with the lines established for requesting communications, including questions for the record and hearings . Yes. Will you cooperate and will you cooperate and providing response to congressional requests . Yes. Will those witnesses be protected from reprisal for your testimony question mark yes. Do you justify upon the request before the committee . Yes. Do you agree to provide documents, including documents of electronic for
We have our eight boring questions that are required so if you would please audibly respond to them so that we can have them in the record. Have you adhered to the laws and regulations governing interests . Yes, senator. Will you ensure that your staff complies with the lines established for requesting communications, including questions for the record and hearings . Yes. Will you cooperate and providing response to congressional requests . Yes. Will those witnesses be protected from reprisal for your testimony question mark yes. Do you justify upon the request before the committee . Yes. Do you agree to provide documents, including documents of electronic forms in a timely manner when requested or to consult with the Committee Regarding the basis of any good faith delay or denial and in providing such documents . Yes, senator. Have you assumed any duties or undertaken any actions which would appear to presume the outcome of the confirming process . No, i have not. The National Defense
Inflation to our symmetric 2 objective. All of these objectives will support achievement of our overarching goal, to sustain for the benefit of the american people. We also decided to conclude the runoff of our securities portfolio rather than and september as previously planned. N in september as previously planned. And i will discuss the thinking behind the reduction in turn to the pot forward. As the year began, both the economy and Monetary Policy were in a good place. The Unemployment Rate was below 4 in a are interestrate target was that the low ends of neutral. Over the first half of the year, the economy grew at healthy pace. And it pushed on appointment to near a halfcentury low. Wages have been rising particularly for lower paying jobs. People who live and work in low and middle income communities tell us that many who struggle to find work are now getting opportunities to add new and better chapters to their lives. This underscores the perfect of sustaining expansion. To the