High inflation over 4 decades has led to real-life consequences in the form of failed banks, with over $400 billion, in essence, wiped out from two of the largest banks that are headquartered in California.
Kim links long-term inflation to significant bank failures and financial losses in California.
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I took the time to drive down here to listen from the veterans, those of you who are working closely with the veterans.
Thank you, Chairman Van Orden and Ranking Member Levin, for holding this field hearing in Southern California on veteran homelessness.
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