Paying more than 1 billion australian to settle a Money Laundering allegation, the largest corporate find never levied in australia. Tiktok drama turns another page, owner bytedance asking a judge to halt the ban in america, Chinese State media slamming u. S. Dirty trip u. S. 30 tricks. We heard from larry kudlow in the last few minutes, downplaying expectations we will be getting any more fiscal stimulus through the pipeline, larry kudlow saying he doesnt think the u. S. Needs another stimulus package and that they will be doing targeted measures only and need to be smart about this measures. This comes after course of fed officials, including chair powell, saying there is a long way to go for the economic rebound, we heard from several others, all saying there is further need of more fiscal stimulus to do that heavy lifting. And that comes after congress ended its pursuit of a bipartisan spending bill and are now focused on replacing Ruth Bader Ginsburg on the supreme expected thisin
Domestic policies do you think you would promote . I dont need a magic wand. I would argue that we are doing that in real time, im not taking a victory lap, but i very much like the emphasis of look at the geographical dispersion of where our investments are gone. Me take you live to a conference. I am even prouder of the great work we have done together in my hometown of detroit. On behalf of the board, staff and around 700 members of the organizations around the country, i want to welcome you to the 2024 conference here in washington dc. Give yourselves a round of applause. I am so excited that you are here with us. U. S. In the past, present and future of the Economic Justice movement. It together, we are powerful. Together we can bring opportunity to this country where it does not yet exist. Together, we can help bring dignity to the lives of millions and millions of americans are not yet getting what they deserve from their country. [applause] i am honored to be a member of the De
Expanding trade with africa. We may also hear more about the shortterm spending measure that republicans unveiled last night which would fund the federal government through february 16. Debate in the house likely tomorrow. Live house coverage is here on cspan. The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Lord god, architect of the universe and advocate for us all, thank you for giving us another day. When we rise from sleep activities of the day stir the mind, having a job to fulfill sets us into routine as a people with purpose. Daily work demonstrates responsibility and manifest our participation in your creative power. Mind and body together become engaged in productivity, success tenance or Service Beyond ourselves. Because human work bestows a special dignity upon a person and achieve a just society, we know how important it is for us to pray for the unemployed and those who work but still struggle
25 23 . So my question is, has the turmoil in Global Markets changed your view about the appropriate pace of Interest Rate increases and hikes, or will you wait to see how Global Market turmoil affects the u. S. Economy before raising rates again . We are watching very carefully whats happening in Global Financial markets. It would appear that the stresses that we have seen since the turn of the year relate to uncertainties regarding Chinese Exchange rate policy. There are uncertainties around the price of oil. We have not seen shifts in that seem significant enough to drive have driven the sharp moves we have seen in markets. There would seem to be increased fears of Recession Risk that is resulting in rises in risk premia. Weve not yet seen a sharp dropoff in growth, either globally or the United States, but we certainly recognize that Global Market developments bear close watching. As i mentioned that financial conditions have become less supportive to growth, and we recognize that
Bill aimed at encouraging the development of energyefficient technologies for use in both commercial and residential buildings. Senate majority leader harry reid expressed dismay that efforts had failed to yield an overall agreement on amendments to move the bill forward, but he says hes hopeful members can regroup this week to advance the measure. Today theyll also debate and vote on two judicial nominations to the u. S. Court of federal claims. Over in the house, theres a brief pro forma session at 2 eastern, no legislative business expected. A comprehensive Forest Management bill that would direct the Agricultural Department to establish Timber Harvesting zones, also to resize and renew nutrition assistance programs that were not included in the farm bill. Follow the house live on cspan and the senate on cspan2. Cspan, created by americas Cable Companies in 1979, brought to you as a Public Service by your television provider. Host well, it was in 2010 that the federal Communications