A weaker currency to gain competitive vantage, and we should oppose attempts by other countries to do so. The intentional targeting of Exchange Rates to gain commercial advantage is unacceptable. If confirmed, i will work to implement president elects promise to oppose any attempt by Foreign Countries to artificially minute delayed currency values to gain an unfair advantage. Sen. Wyden thank you. Sen. Grassley i am going to turn the gavel over to senator crapo. He will be the next person to ask questions. Republicans have a rule that you can only be chairman for six years, so this could be my last hearing as chairman of the committee. It has been a privilege to chair one of the most important committees in congress. I first joined this committee in 1981 and became chairman briefly into thousand one weekly in 2001, and then chaired it two times since. I will continue to serve on this committee, of course, but leading this committee has been one of the highlights of my years in the sena
Coronavirus pandemic and Environmental Impact on lowincome communities. Recognized mr. Ali, recognizer five minutes. Recognized for five minutes, sir. [inaudible] you might have to unmute. Can you hear me now . Weaken your you know. You have five minutes please. You missed the best part. Chairman tocco, Ranking Member shimkus and members of the committee on behalf of the National Wildlife federation are 52 state and territorial affiliates in more than six main members, and a thank for the honor of testifying before you today. I was thinking about this testimony, and i was raised and family about this and pentecostal ministers, and my grandmother came to my might and she stepped a favorite verse, and it said do you know what it want . I want justice, oceans of it. I want fairness, rivers of it. Thats what it i want. Thats all i want. My grandmother used to say when you know better, do better. Todays hearing comes at a critical moment in the history of our country. Outline communities ar
Legacy energy source. Senator udall of new mexico and i have an amendment that will close a loophole in federal Energy Policy. I want my colleagues to know, and i think they do, of my long support for renewable and alternative sources of energy and so i agree with the aims of the murkowskimachin murkowskiy bill. The amendment that senator udall and i have introduced is the same as the bipartisan bill we introduced last week. The title of that bill is the fair return for public lands act. Mr. Grassley this bill was introduced 100 years to the date of the mineral leasing act of 1920. This amendment would increase the royalty rates on federal lands from 12. 5 to 18. 75 . Everybody here knows that a royalty is what the oil company will pay to a mineral owner. In this case the mineral owner is the american taxpayer, and that royalty is paid for the right to extract oil and natural gas from the lands of the United States. The legislation modernizes the public lands leasing system and it does
Proposal. As well as Economic Growth and the impact of the tax cuts and job that jobs act. Jobs act. Todaym pleased to be here to discuss the budget. Trumps Economic Freedom agenda is working. Reform andegulatory trade deals are improving the lives of hardworking americans. Unemployment remains historically low. And it is at or near alltime lows for africanamericans, hispanic americans, and veterans. The Unemployment Rate for women reached its lowest point in 70 years. Before President Trump came into Office Experts were predicting that we would grow by 14,000 jobs for month per month. We averaged 175,000. Wages for unsupervised workers in 2019. 3 which meant that roy wages rose faster for workers than it did for their bosses. Last months Labor Participation rate prime age adults reached 83. 1 . An 11 year high. American families are earning more each year, thanks to the tax cuts and jobs act, paying significantly lower taxes. They also have more Career Opportunities than ever before.
Tour takes you to amarillo, texas. The treasury secretary Steven Mnuchin testified to congress. Theielded questions about 4. 8 trillion proposal and Economic Growth and the impact of the jobs act signed into law december, 2017. [camera shutters] sen. Grassley we are pleased to have treasury secretary mnuchin, here today testifying about the president s fiscal year 20202021 budget, the president s budget includes proposals to confront a number of important issues, i want to work with the president , the secretary, and others in congress, to address these and other pressing issues, within our committees jurisdiction. Drug pricing, and employer pension crisis are two such issues that must be dealt with, this Budget Proposal comes at a time when the economy is very strong, especially for working families. Better trade deals, less regulations, lower taxes from tax reform, we have translated into wage increases. Especially for lower wage earners. And historically tight labor market. Over six