End and a Pacific Region and they also discuss china handling of coronavirus pandemic. This is just over two hours. The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficult to figure out when they showed up virtually, we will go on seniority. If that is agreeable with everyone, that is what we will do. Today, we welcome three witnesses to talk with us. Julie chung is here. We appreciate you all being here this morning. Will be talking about china presents us with many challenges. Opportunities as well but right now, challenges. There has been a lot of legislation introduced as far as china is concerned. There was a bill that we introduced earlier this year. That as early as today or yesterday, the minority introduced a bill of which senator schumer is the lead sponsor of the bill. In any event, this is not a partisan issue. This is an american issue. When i put the bill
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
Would you fix your tie, please . David well, people would not recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist. And, nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with his excellency, both the chairman of saudi aramco and also the head of the pif, which is the saudi sovereign wealth fund. So you have both jobs. How do you allocate your time between running the sovereign wealth fund, pif, and being the chair of saudi aramco . Doesnt that take you 80 or 100 years to do . I dont have the executive chairmanship. In aramco, i focus on four things, basically, the trajectory, the target, the annual target, and many do the actual vote. Am a board member, but it is totally different, executive role, and i and there every day for t
Me if my tie was fixed. But, ok. Just leave it this way. All right. David i dont consider myself a journalist, and nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with his excellency, yasir alrumayyan, both the chairman of saudi aramco and the head of the pif, the saudi sovereign wealth fund. You have both jobs. How do you allocate your time between running the sovereign wealth fund, pif, and being the chair of saudi aramco . Doesnt that take you 80 or 100 hours a week . Yasir pif role is executive, the aramco is chairmanship. I dont have the executive chairmanship. In aramco, i focus on four things, the strategy, the targets, annual targets we have, the monitoring of the performance, and managing the actual board. In pif, i am the governor, although i am a board member and the pif boar
It was an amazing app. Will you fix your tie, please . David well, people would not recognize me if i fixed my tie. But ok. Leave it this way. I do not consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with his excellency, yasir alrumayyan, who is both the chairman of saudi aramco and also the head of the pif, the saudi sovereign wealth fund. So you have both jobs. How do you allocate your time between running the sovereign wealth fund, pif, and being the chair of saudi aramco . Doesnt that taking 80 or 100 hours a week to do . Yasir pif is an executive role. While the aramco is a chairmanship, i do not have executive chairmanship role. In aramco, i focus on four things. Basically, the strategy, the targets the annual targets that , we have. The performance. An