Instituted. This is two and a half hours. The committee will come to order. Without objection, the chairman is authorized to declare a recess at any time. The chair asks that ms. Debbie ms. Scanlan,ultz, else mr. Cooper, ms. Debbie Wasserman Schultz, and representative mary gay scanlon, b waved onto the committee. Without objection, it is so ordered. I now recognize myself for an Opening Statement, then i will record as the Ranking Member. I have agreed is the chairwoman on . Chairwoman wish to have an Opening Statement . I will recognize her, with your after. Ion, mr. Hice, lawrence, i will recognize. If somebody else on your side wants to have additional. The Postal Service is the crown jewel of our federal government. It serves every household and business every day. 630,000 brief individuals who live in every congressional district. According to pew research, 91 of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During
Recess at any time. The chair asks that ms. Debbie ms. Scanlan,ultz, else mr. Cooper, ms. Debbie Wasserman Schultz, and representative mary gay scanlon, b waved onto the committee. Without objection, it is so ordered. I now recognize myself for an Opening Statement, then i will record as the Ranking Member. I have agreed is the chairwoman on . Chairwoman wish to have an Opening Statement . I will recognize her, with your after. Ion, mr. Hice, lawrence, i will recognize. If somebody else on your side wants to have additional. The Postal Service is the crown jewel of our federal government. It serves every household and business every day. 630,000 brief individuals who live in every congressional district. According to pew research, 91 of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During the coronavirus pandemic, Services Value to this nation is greater than ever, serving as a linchpin to our nations response to the pan
at verisk maplecroft. if erdogan continues down this path of policy that he has embarked upon, do you think turkey will be defaulting on its debts any time soon? thank ou. its debts any time soon? thank yom yes. its debts any time soon? thank you. yes, well, its debts any time soon? thank you. yes, well, the its debts any time soon? thank you. yes, well, the turkish - you. yes, well, the turkish lira partly as a result of economic policies under the current turkish government has lost about 80% of its value over the past five years. and in the lead up to the election, one of the ways in which the central bank was holding it off was drawing on its foreign exchange and gold reserves. although that props up the lira it is not necessarily sustainable in the long term and if turkey is no longer able to finance imports or to service its external debt it could end up default. there are corrective actions the turkish government can take to try and hold off that risk but we have
to the federal reserve that the central bank is succeeding in its fight against inflation. let s get the latest on this with our north america business correspondent michelle fleury in new york. some relief after the roses that the inflation is coming down. it some relief after the roses that the inflation is coming down. inflation is coming down. it was the tenth month inflation is coming down. it was the tenth month in inflation is coming down. it was the tenth month in a inflation is coming down. it was the tenth month in a row inflation is coming down. it was the tenth month in a row that inflation is coming down. it was the tenth month in a row that inflationl tenth month in a row that inflation was slowing down and people are looking at it as a sign that perhaps the worst of the inflation crisis is behind us. the problem we have is that the battle is yet to be one because typically if you look at the federal reserve 2% target at 4.9%, we are behind that by a s
Today on camera they came together. Political polar opposites coming together both under the same roof, the white house. A moment frozen in time. President obama hoping to thaw an icy relationship. If his closest advisors dont trust him to tweet why would any of us trust him with a nuclear post. As did a one nation divided. Most of all i want to emphasize to you as president elect that we now are going to want to do everything we can to help you succeed. Because if you succeed then the country succeeds. For a moment policy talked paused for a few light pointers. The insults, entertainment and elements of fear. Today more of a modst o approach. I look forward to dealing with the president in the future including counsel. He explained some of the difficulties. Some of the high flying assets and some of the really great things that have been achieved. So mr. President it was a great honor being with you and i look forward to being with you you too. Away from microphones diversity showed i