Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about how the economy may have changed, and think about how we communicate to the public. The process in and of itself has been a useful one, and i will leave to the chairman to talk. Michael you have been considered an inflation hawk. Where are you on average inflation targeting . Is to bee my focus true to our price stability target, that our 2 really has to represent what is happening in the real eco
During the hearing, she discussed infrastructure projects, highway and rail safety, investment into the theons ports, and discretionary Grant Programs that address the needs of rural and urban areas. Rep. Price the subcommittee will come to order. Good morning. Im pleased to kick off our subcommittee hearing season for this and other subcommittees by examining the fiscal year 2021 budget request for the department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Infrastructure serves as the foundation for our economy and our quality of life. It facilitates the flow of goods and services, connects people to employment and educational opportunities, and plays a significant role in our nations overall welfare. Theres no question our country requires a massive infusion of investment to repair deficient bridges, restore transit systems to a state of good repair, improve our ports, and build new runways for our airports. We must also make f
Story got a lot of debate over is not whether we should spend money on Disaster Response, it is who should spend the money. Should it be the federal government or the states taking care of it . The argument is if it is the more is responsible for and more Disaster Response, they will take steps to reduce the potential damage from disasters. Talk aboutrock long stronger building close and better land use. States can do that kind of thing and they can say, we have this area just keeps getting destroyed by hurricanes and we are just not wanted not going to allow development anymore or stronger building codes, so peoples houses do not get destroyed. That is the argument for putting states more in control of Disaster Responses so they can affect the actual cost of disaster recovery, like taking this mitigation and prevention steps. Host there is likely to be a request coming after hurricane after thesome sort hurricane occurs, and i wanted to point out an article in the florida phoenix. The
U atreare t a cas the San Bruno Police Department Says that they want to make sure that they are protecting the victims who are under age in this case. They are being very tightlipped about the details of this investigation. Live in redwood city. Kpix 5. Happening right now. Crews at the scene of a major fire. This is happening on anderson lane. This video was just posted on twitter. You can see that these buildings are burning at this point, which includes an abandoned mobile home. We have some calls into the contra costa protection district. We are waiting ithe are above average, into the low 90s. We did coole temperature. Oakland was down to 72. The fog is already rolling in. Kippered yesterday, we are double digit degree cooler. We are still about average. We will stay above average for your saturday. Here is a preview of your weekend. This will be the cooler half of the weekend. San jose, 86. A comfortable 71 degrees in San Francisco. We will talk about the warm up and that happen
These cable providers giving you a front row seat to democracy. Up next a house transportation and infrastructure subcommittee hears testimony from amtrak c. E. O. Steven gardner and the executive director of the northwest Corridor Commission on improving Train Service and efficiency. They also discuss passenger safety, route options in the midwest and west coast and high speed rail. [captions Copyright National cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the subcommittee will come to order. I ask unanimous consent that the chair may call recess at any time. Without objection, so ordered. I recognize myself for Opening Statement for five minutes. Todays hearing examines the current and future state of amtrak. The Infrastructure Investment and job act gave historic funding to railroads with a large portion of that money going to amtrak. Amtrak is a federally chartere