No matter what goes wrong in the economy--whether it is a financial crisis or bank failures, whether it is supply chain turmoil or energy market disruption--working people always pay the price.
On the public record
All Quotes
Every politician on the site, every statement on file. Search, filter, and read the public record.
29,000+·quotes on file
I really worry about how much time we focus on the tasks that we have in a given day...
The economy is in a different place from where it was at this time last year.
I really worry about how much time we focus on the tasks that we have in a given day...
The country added 339,000 jobs in May--think of that--bringing the total number of jobs created since the Democrats were in the majority, since I have been Chair of this Committee, to 13 million new jobs.
This is the strongest labor market for American workers in decades, thanks to the work that two of you have done on the Fed to help that happen.
The economy is in a different place from where it was at this time last year.
In April, the Black unemployment rate hit 4.7 percent, the lowest in 50 years.
Instead of lowering demand--which is just economics textbook jargon for making people poorer, laying off workers, denying raises--we can produce more, we can build more, and we can grow the economy from the middle out.
No matter what goes wrong in the economy--whether it is a financial crisis or bank failures, whether it is supply chain turmoil or energy market disruption--working people always pay the price.
We have a lot of mid-tier banks in the State of Ohio, and I think that mid-tier, that three-tier banking ecosystem is really, really important.
Meanwhile, corporations somehow always find a way to increase their profits. They always find a way.
Chair Powell, I look forward to hearing today how the Fed will protect American workers in the fight against inflation, and promote an economy with a strong, growing middle class.
Capital requirements are not necessarily a panacea to the type of banking run that we saw in the Silicon Valley Bank case.
I do not think that Congress and 2155 and Barr's predecessor, Mr. Quarles, weakening the rules even more... are off the hook either for Silicon Valley Bank.
For the economy to truly deliver security and opportunity for American workers, we need plentiful job opportunities, we need high wages, and we need low prices.
More policymakers are finally recognizing what those of us in Ohio have known for years--that outsourcing the production of pretty much everything may mean higher profits in the short-term, but it will not lead to a resilient economy with…