I hope we will have another round, but the Fed's role, in your last job before you became Secretary of the Treasury, as President of the Federal Reserve Bank of New York, you had bank examination and enforcement responsibilities and monetary policy responsibilities with your permanent vote on the Federal Open Market Committee.
Shelby discusses the Fed's conflicting roles and responsibilities.
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A lot of people, including this Senator, believe that the request is not enough considering the problems in the world.
I am concerned about this--what this communicates to both our allies and our adversaries.
Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.
Deterrence requires spending our limited resources on both offensive and defensive weapons.
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