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Committee. The meeting will be called to order. The chairman is on his way. He has asked me to gavel in and begin my Opening Statement and then hopefully he will be here. We are very, very honored to have chairman powell. We thank him so much for testifying today. I look forward to hearing your perspective on the current state of the economy, and the potential challenges ahead. Id also like to thank you for your thoughtfulness as you help steer the economy through what in some ways are extremely challenging times. As you have said in your testimony, by some measures, our economy is strong. The National Unemployment rate fell from 10 at its peak during the Great Recession to only 4. 7 when President Trump took office. And it has continued to fall. It now ....
Showing in its entirety over on cspan2. Thats going to start at 8 00 p. M. Eastern time. The committee will be in order. The chairman is on his way. He wants me to give my Opening Statement and hopefully he will be here. Ere honored to have chairman powell. We thank him so much for testifying today. I look forward to hearing your the current state of the economy and the potential challenges ahead. Like to thank you for your thoughtfulness as you help through what omy in some ways are extremely times. Ging as you have said in your testimony, by some measures, our strong. Is the National Unemployment rate duringom 10 at its peak the Great Recession to only 4. 7 President Trump took office. And it has continued to fall. Only 3. 6 . Ds at addeconomy has cont ....
Watch book tv every weekend on cspan2. The chair of the Federal Reserve, jerome powell, testified on Monetary Policy in the economy before the joint committee. He said he expects the u. S. Economy to continue growing at a steady pace with a strong labor market so the federal budget is on an unsustainable path with high and debt. The meeting will be called to order. The chairman is on his way. In andasked me to gavel begin Opening Statements and hopefully he will be here. We are honored to have chairman powell and we thank him for testifying today. I look forward to hearing your perspective on the current state of the economy and the potential challenges ahead. I would also like to thank you for your thoughtfulness as you througher the economy what in some ways are extremely challenging times. As you have said in yo ....
The committee will be in order. The chairman is on his way. He wants me to give my Opening Statement and hopefully he will be here. Ere honored to have chairman powell. We thank him so much for testifying today. I look forward to hearing your the current state of the economy and the potential challenges ahead. Like to thank you for your thoughtfulness as you help through what omy in some ways are extremely times. Ging as you have said in your testimony, by some measures, our strong. Is the National Unemployment rate duringom 10 at its peak the Great Recession to only 4. 7 President Trump took office. And it has continued to fall. Only 3. 6 . Ds at addeconomy has continued to jobs now for 109 consecutive months. Than nine years. Inflation remains low. Fed ....
[inaudible conversations] the meeting will be called to order. The chairman is on his way. He has asked me to gavilan and begin my Opening Statement and hopefully he will be here. We are very very honored to have chairman powell. We thank him for testifying today. I look forward to hearing your perspective on the current state of the economy and the challenges ahead. I would like to thank you for your thoughtfulness as you help steer the economy through in some ways what are extremely challenging times. As you have said in your testimony some measures, our economy is strong. The National Unemployment rate fell from 10 at its peak during the Great Recession to only 4. 7 when donald trump took office. And it has continued to fall. It stands that only 3. 6 . And jobs for 109 consecutive months, more than nine yea ....