So that is pretty evenly split, actually. Theres certainly quite a lot of recognition that Central Banks need to think about new toolkits. We are going to go to some questions now, but if you want. O use the platform to submit i think larry gave an excellent description of what the core problem is that the developed world faces, that there is a glut of saving and a , and it of investment really means that we have to have fiscal policy, structural policy, and things other than. Ust relying on Central Banks i think Central Banks need to do what can come about they can. Adopting a system called flexible average inflation targeting, i think this is an appropriate change. Somewhat improve the scope of Monetary Policy to show that shortterm Interest Rates are often constrained by the effect of lower bound. I think it is helpful in preventing a cycle of falling inflation feeding falling inflation expectations, but i strongly believe Central Banks need to be independent and need to do everythi
Dangerous and she was going to be keeping him in jail as he awaits trial, anderson. Have there been any updates from the fbi . One of the things theyre most concerned about talking to sources is for lawmakers, as they start to leave d. C. , as they start going home, weekends, things like that, theres a lot of concern over their safety. So theyre trying to work with them to see how Law Enforcement can step up security for some of these lawmakers. Shimon prokupecz, thank you. News continues lets hand it over to chris for primetime. Chris . I am chris cuomo, welcome to prime time. Now youre going to see something here that you wont see anywhere else, now youve heard about what happened with reddit and gamestop . Okay. We have people on both sides of this story. Okay. We have the man who created the reddit forum that led to the Gamestop Saga and the skree of the app Robinhood Which created a new firestorm today. How . Ill tell you. It is going to be something that united aoc and senator te
Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e
Supplemental for more security for members when the enemy is within the house of representatives, a threat that members are concerned about in addition to what is happening outside. We have Members Of Congress who want to bring guns on the floor and have threatened violence against other Members Of Congress. Reporter hostility between the parties is bad enough but among republicans its getting ugly. Many of them more focused on absolving the former president on insurrection than rebuilding a battered company. Ryan nobles from capitol hill. Reporter laura and christine, there is a bit of a civil war happening on capitol hill between republicans that voted for the impeachment of President Trump and those who still passionately support the president. At the middle of all of that is the House Minority leader Kevin Mccarthy. He traveled to florida on thursday to meet with the former president. The two both issuing a statement saying President Trump is prepared to help republicans win back t
His tweet is flagged as misinformation if you dunt tcount the illeg votes, the ones that came in late, they are trying to steal the election jay powell says the current economic downturn is the most severe of our lifetimes. Sure, i think that there are plenty of people on capitol hill who on both sides of the aisle who see a need for further fiscal action and understand perfectly why that might be the case and the wall street rally continues. The swiss luxury giant says online sales are recovering after 82 drop in net profit well, the u. S. Election is inching toward a final result as votes continue to be counted in several crucial battleground states across the country. At this moment, democratic candidate joe biden is ahead of President Trump in the key Electoral College tally, 253 to 214, that is according to nbc news projections 270 votes are needed to win. The tightest race is in georgia where President Trump holds array czar thin lead of under 700 votes. A win in georgia for bide