through a period of high inflation like this one. it s painful. paychecks are not going as far. if you adjust wages for inflation, they re getting smaller. the president is right to call out the fact that this report does not capture the fact that gasoline prices have started to cool off. the national average is 4.63 a gallon. down 40 cents from the record high. two things to remember here, one, it s not like prices at the pump are cheap. no one is doing a victory dance about $4.60 gas, and ftho, this is not just about prices at the pump. it s about food. housing prices. there were record price spikes last month from beer, to cleaning products, men s suits as well. this is an economy wide problem, and unfortunately it s getting worse. how come you didn t mention me for hair cucuts. yeah, why not? no reason. there was no reason. okay. does this raise the risk. it does. the federal reserve is going to be under more pressure to step up the war on inflation. step in l
to his senate committee assignment. without objection, it is so ordered. this hearing is entitled, monetary policy and the state of the economy. i now recognize myself for four minutes to give an opening statement. welcome back chair powell, congratulations on your confirmation as chair of the said. since you last came before the committee, americans continue to struggle to make ends meet as the price of housing, gas, and groceries have skyrocketed. while it is important for the fed to fight inflation, i would caution against any approach that ignores the fed maximum employment mandate and result in a recession, with millions of people losing their homes and jobs. i hope you also know, you should ve noted, last week the house passed my bill, hr 20 5:43 b financial service economic justice act which the federal reserve to acknowledge the impact of all of its decisions including setting interest rates of community of color and underserved communities. congress has a role in f
Before the womens march last year that said this was the boldest most intersectional platform that is ever come out of any march historically, and that was one, the moment i was most proud. After words airs every saturday at 10 p. M. Eastern and sunday at 9 p. M. Eastern and pacific. Founded in 1747, its one of the oldest libraries in the country. This building is essentially the first purpose built Library Structure in america. We often talk about franklin and his Library Company of philadelphia where, we are a freestanding purpose built librarystructure so thats important. Unlike any of the others, we are still operating as a lending library. People have been coming for that building 270 years. I have said and ill say it here that besides a church, the library is the single oldest Cultural Institution that is unbroken to the colonial period so when you walk inthat door and you borrow book, youre doing it as theyve been doing it for nearly 3 centuries. Newport was of course one of the
Are looking beautiful. Thank you for the fog. That fog is there for some morgan hills even had some fog, over the bay as well. Wont last long. This is the i have seen this a thousands times. If fairfield continues to increase, and goes up, thats a sign it will be will cooler. This is a huge difference. 50s, 60s, 40s for a few. Peninsula, upper 40s. 51, 55, 54 in san carlos and belmont. Hillsboro at 52. High pressure over us. It does look a teeny with it cooler today. Not as hot as yesterday. A couple of degrees cooler. Temperatures anywhere from 50s, 60s by the coast, 70s, 80s to 90s. Sal, caldecott still there, or has that cleared . They cleared it out of the tunnel but the traffic is still slow on 24. We have a new crash that i want to talk about, westbound i80, a motorcycle accident. Near grand line road. That has made traffic busier than it already was. A lot of the traffic already passed by but, now, the traffic is going to be slow. Steve mentioned the caldecott. Lets update that
Decades and decades of corruption and a drug task force. Reporter robert says he surrendered to police after abducting his 16yearold daughter to expose those who sent him to prison in 2005 for sexually molesting a young girl. They are not from the department of the child services. Reporter today he was in a Portage County courtroom fighting to regain custody of his two daughters despite his of not having custody, why would a magistrate suddenly award temporary custody to a man who served time in prison involving a female child . Why would anyone do that . Because i guess that they say that they dont know what they did to send them to prison. I dont know . Sending me to prison on that last year awarded custody of both girls to roberts over objections of children services. Youre telling me that you didnt know that you were agreeing to a plea bargain . You want me to believe that . Im telling you facts. I mean youre asking me to be honest with you, im telling you facts. And roberts lost c