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White house communication director hope hicks, hearing on capitol hill taking questions from the House Intelligence Committee as part of their investigation into russias meddling or perceived meddling. Here is the thing, everyone. This investigation has not come up with any hard evidence of any collusion of the Trump Campaign working with the russians. So is the president right, when he says this is nothing but one big, giant witchhunt . We are on it. But first, lets go back to the top story. Fed chair Jerome Powell, in his first testimony there as fed chair on capitol hill, is indicating some good things ahead. Those tax cuts are working. Maybe wages go up. Maybe that means the fed has to be more aggressive. Our own adam shapiro is following it right now. He has the latest. Hey, adam. Reporter trish, he tal ....
Gauge the economic impact. Two key quotes from the boston district. Restaurants from the berkshires, cape cod, the shore, experienced staffing shortages those historically relied on Seasonal Workers needing h2b visas. Labor shortage had negative effect on revenues in the high tourist summer season. Political situation is negative influence on hiring. Health care reform was singled out as a source of instability as job applicants seek employerbased coverage as the top job benefit. The headline here again, from the beige book, in spite of a tough labor market, the majority of districts reporting limited wage pressure and moderate to modest wage growth. This is a recurring issue that has been troubling members of the Federal Reserve several months. Back to you. Trish one of the questions i have, what about Hurricane Harvey ....