But we have to match that up with that scene of that same child. And were able to do that. But were actually working now, the problem is this. Is we cannot be a state actor. If we are a state actor, then we harm Law Enforcements prosecution of these cases which we make referrals to. So we dont accept images from Law Enforcement. We push out to Law Enforcement. Having said that, we have a fairly robust and comprehensive inventory, a library so to speak. Because were being fed by the largest e. S. P. s. Thats my concern about this. Is that you do have this huge database of images and yet it seems that Law Enforcement and cases would benefit and their investigations would benefit if they were required to push the image to you, you might be able to make the match. Well, they have access to ours. They have access, and we coordinate through interpol. So there are common databases that have access points. But again, we have to segregate what we receive from Law Enforcement to ensure its not t
Lending such as debt to income and loan to value ratios. As a macro prudential tool that could slow mortgage lending. Im very skeptical that during a housing boom, regulators would ever act aggressively to restrict lending to individuals with high levels of debt or low incomes. In fact, recent experience suggests all the political pressures run counter to that happening. Its also highly questionable to think that forecasters will identify beforehand when these tools should be adjusted during the credit cycle. While Financial Stability can complement the goals of Monetary Policy, its paramount that the regulators strike the right balance without unduly harming the economy. We have a lot of issues to deal with and i look forward to your testimony today, chair yellen. Thank you. Thank you, senator crapo. To reserve time for questions, Opening Statements will be limited to the chair and Ranking Member. I would like to remind my colleagues that the record will be open for the next seven day
Chairman miller i told you i would tell the truth when i put my hand up so i will tell you the truth. I dont know every number that is called in and product so i apologize for not being able to cite you. Can you give me who does at the table. Either one of those will know the answer. I will happily do that bad. I have 38 seconds left. I will ask ms. Rubens to please comment. Mr. Chairman i would point to the monday morning workload reports were in fact your numbers on the end product 400 are controlled correspondence and have been used for development and the 930 and product which are reviews including Quality Assurance are in fact reflected in the work that we demonstrate for completion. Mr. Chairman now that i note that i know the titles i can add to that discussion. No maam i dont believe that anybody at the table is telling me the truth from the va. I think you are using the numbers to high backlog claims. I think of included backlog numbers to make data mr. Michaud you are recogni
Purchases, weve asked those questions and the answer has been yes, we think inflation stabilized, and well gradually move up, and yes, we think the labor market will continue to improve and we have cut and we use the term measured pace or 10 billion a meeting. Now our forecast is that for the next that we will continue to see those conditions. I think the evidence we are seeing is consistent with that. If we continue to see progress in the labor market, as i expect, and inflation stabilizing or moving up to toward 2 , we would continue on the course we are in. As i mentioned, purchases would cease after october, but if there would be some very significant change in the outlook we see between now and october, so that we lost confidence that the labor market will improve, for some reason, or that inflation would move back up to 2 , then we would have to rethink that plan. That is the plan. Excuse me. Let me ask you a question. Im running out of time here, about the labor market. Because
Send us a tweet at twitter. Com cspanwj. Span, andcom c journal cspan. Org to send us an email. We will get your your phone calls and thoughts in a minute. The takeaway washington correspondent for Public Radio International joins us. We said the headline, no deal was reached after this closed door session. Why not . Exactly what knows happened except those 100 senators and the small handful of staffers in the room. Were leaving the room, trickling out last night, you heard a couple of different takes on what went on. The standard bromides, the washington code speak, frank and open discussions, these words that do not tell you much, but you got a couple of real pieces of information. Senators on both sides said they felt like the sides understood each other better. A couple of democrats said that they thought republicans had a better understanding, that they feel president obama has been disrespected by the senate in his nominees, that he has not received the level of respect and defer