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CSPAN Janet Yellen On Monetary Policy And The Economy Part 2 February 16, 2014

And i am very hopeful that it will effectively deal with it. We will monitor as we go forward on what needs to be done. The time of the gentleman has expired. The chair now declares a fiveminute recess. We will have more that hearing with janet yellen in just a moment. First, a look at the u. S. Economy with former u. S. White house economic adviser and he was on cnn this morning and he was asked about raising the minimum wage. Is minimum wage an economic issue or is it a political issue in washington . Certainly in washington its a political issue. But everything in washington is a political issue. In the state of the union, he was calling for minimum wage, raising the earning income tax resident tax ....

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CSPAN Janet Yellen On Monetary Policy And The Economy Part 1 February 16, 2014

Policy report. This was her first appearance before a Congressional Committee since being sworn in as head of the Federal Reserve. This committee will come to order without objection the chair is authorized any time. This hearing is for the purpose of hearing the semiannual testimony of the chairman of the board of governors of the Federal Reserve on Monetary Policy. And the state of the economy. Before we get started, im not sure if i called this a personal privilege or not, but i would draw the attention of the committee that we are blessed again with the appearance of the gentle lady from new york, Carolyn Mccarthy and what a blessing it is to have her back with us. [ applause ] the chair will ....

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