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Below 100 billion from stress testing, so that makes some sense to me. Banks are not systemically important. Between 1 and 250 well do Something Else my strong preference will be that well continue to have meaningful stress testing for them because i think its a successful tool. Ing. Thank you senator warren. Thank you, mr. Chairman so i want to follow up on senator browns questions about full employment as you know Congress Gave the Federal Reserve a dual man date to pursue maximum employment and to keep prices stable the official unemployment rail is now 4. 1 . Many economists are predicting the rate will dip below 4 in the near future, and an Unemployment Rate this low in the past would have been considered full employment which would be good news for the work ....
Navy veterans who took part in the battle, and sunday at 4 00 p. M. Eastern on reel america, the film dreams of equality featuring a recreation of the 1948 womens rights convention. American history tv, all weekend, every weekend. Only on cspan3. The cspan bus is traveling across the country on our 50 capitals tour. We recently stopped in baton rouge, louisiana, asking folks whats the most important issue in their state. The number one issue facing my district continues to be flood recovery. In baton rouge, we had a historic flood in 2016, and my district was heavily impacted. My citizens in my district right now are forced to deal with issues regarding fba loans, the federal government considers those loans to be a duplication of benefits, and right now were having trouble getting those families the necessary dollars to recover because with our staterun program, they have to deduct the amount that they received through the sba loans. So now, our recovery has been stalled because of th ....
Of average. Take a look at what this is doing to the markets at this point. Well, you know, weve we came back yesterday. You can see we are looking for a slightly lower open as of now. European markets already in session. And on the closing end of their day you can see kind of a mixed session over there. This is where we may see the most move is in the tenyear note yield. You might expect of course the expectation the feds going to move now in june has fallen dramatically. Will it even be july. There it is, the yield now 1. 72 . Weve been sitting of course a good 10plus basis points higher than that until this number came out. Weighing on the may payrolls of course were job losses in construction, mining and manufacturing. Even without that verizon strike, payrolls would have only increased by 72,000. You may recall verizon had 34,000 employees on strike. The Unemployment Rate though fell to 4. 7 . Now, that is due in part to p ....
The same i reason i say that, excuse me, francis cope poll la did the same thing, i cant remember if he did it because he wanted to be remembered or other per verse region. He had a reason, youre in good lineage. I was born in long beach and went to school thats an old age home. I was rossmore. Is rossmore Senior Citizens community . I wasnt in that part. Breaking news, mike grew up in Senior Citizen thats what always thought rossmore was. Right next to the naval base in seal beach. Thats a conservative part of california. It is or at least it was, yes. No doubt about it. Governor, tonight youll be speaking to the convention and i wonder if you could give us a sneak peek of your going to talk about climate change. Thats it, thats the only peek youre going to get. I dont like to anticipate my speeches. I can tell you a little bit more what youre going to say. Im not finished ....
President ial democratic candidate Bernie Sanders called racist. Rich will be here on what some are calling racist rhetoric. Plus the epipen price gouging scandal not going away for mylan and ceo. Mylans coupon not going over well with food allergy advocates. Well take a look into mylans explanation for the soaring cost of epipen and tell you if the price is right. And janet yellen leaves the markets shaking in their cowboy boots this morning after a speech in jackson hole, wyoming giving the impression a rate hike is coming. The markets liked it at first and then stealed declined through the afternoon. The Dow Jones Industrial average now off 79 points. Less than an hour to the closing bell, im Ashley Webster in for liz claman, lets begin the countdown. Ashley a fed head shake out . Well, both the head chair and v ....