On the recordFebruary 23, 2009
The Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least.
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congress.govThe Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least.
Shelby indicates the Fed's ongoing liquidity support measures.
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I am concerned about this--what this communicates to both our allies and our adversaries.
As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.
Deterrence requires spending our limited resources on both offensive and defensive weapons.
Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.