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president who wanted the extra near oig legitimacy from doj to back his bogus claims and overturn the election and stay in power. even some trump allies now privately acknowledging to cnn that some of the testimony from yesterday was, quote, damaging. this is the room where it happened. a dramatic high stakes meeting in the oval office just three days before the capitol riot in january of 2021. the witnesses testified that trump leaned on them to publicly call the election fraudulent and corrupt, something that they wouldn t do. and that when the acting attorney general jeffrey rosen there refused, trump threatened to replace him with this little known environmental lawyer from the civil division jeffrey clark. the justice department officials in the room all pushed back threatening to resign. he said so suppose i do this, suppose i replace him, jeff rosen, with him, jeff clark. what would you do? and i said, mr. president, i would resign immediately. i m not working ....
machines, declare the election corrupt and investigate conspiracy claims. watch. between december 23rd and january 3rd, the president either called me or met with me virtually every day. you also noted that mr. rosen said to mr. trump, quote, doj can t and won t snap its fingers and change the outcome of the election, how did the president respond to that, sir? he responded very quickly and said, essentially, that s not what i m asking you to do, what i m just asking you to do is just say it was corrupt and leave the rest to me and the republican congressmen. just say it was corrupt. we also learned that when top doj officials refused to back his false election claims, trump wanted to install a little known doj environmental attorney and trump loyalist jeffrey clark as the acting attorney general. just hours before yesterday s hearing, federal agents raided clark s home. we ll have much more on the details of that in a moment. let s begin with cnn political corr ....
Global Supply Chain Pressures and U.S. Inflation frbsf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frbsf.org Daily Mail and Mail on Sunday newspapers.
MIL-OSI USA: Brainard, What Can We Learn from the Pandemic and the War about Supply Shocks, Inflation, and Monetary Policy? foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
<p><span>Policymakers and researchers have begun reassessing certain features of the economy and monetary policy in light of recent experience. After several decades in which supply was highly elastic and inflation was low and relatively stable, a series of supply shocks associated with the pandemic and Russia s war against Ukraine have contributed to high inflation, in combination with a very rapid recovery in demand. The experience with the pandemic and the war highlights the challenges for monetary policy in responding to a protracted series of adverse supply shocks. In addition, to the extent that the lower elasticity of supply we have seen recently could become more common due to challenges such as demographics, deglobalization, and climate change, it could herald a shift to an environment characterized by more volatile inflation compared with the preceding few decades.</span></p> ....