I worry because we've allowed the IMF to become excessively dominated by the Europeans, who are largely in denial about the scope of their own problems.
Jeanne Shaheen
The Public Record
Jeanne Shaheen is an American politician serving as the senior United States senator from New Hampshire, a position she has held since January 3, 2009. A member of the Democratic Party, she is the first woman to be elected governor of New Hampshire, serving from 1997 to 2003. During her tenure in the Senate, Shaheen has focused on issues such as healthcare, education, and national security, often advocating for policies that support working families and promote economic growth.
I want to go back to Greece because it's come up both from all of your testimonies.
I ask unanimous consent that the Committee on Commerce, Science, and Transportation be authorized to meet during the session of the Senate on July 31, 2012, at 2:30 p.m. in room SR-253 of the Russell Senate Office Building. The PRESIDING…
I ask unanimous consent that the Committee on Energy and Natural Resources be authorized to meet during the session of the Senate on July 31, 2012, at 10 a.m. in room SD-366 of the Dirksen Senate Office Building. The PRESIDING OFFICER…
I ask unanimous consent that the Committee on Foreign Relations be authorized to meet during the session of the Senate on July 31, 2012, at 10 a.m. The PRESIDING OFFICER. Without objection, it is so ordered. Select Committee on Intelligence
Chancellor Merkel's call for more Europe and a fiscal and political union indicate German interest in moving toward further European integration.
We need to coordinate where we can to support our European partners as they do what's necessary to put these crises behind them and resume creating growth and jobs on both sides of the Atlantic.
Austerity alone can't solve the complex series of problems. Long-term growth, competitiveness, and structural reform all need to play a role in the solution.
How Europe responds to this crisis and the lessons we draw from these events will have dramatic implications.
Austerity-only will not work and can lead to steeper borrowing rates and lower revenues, making the longer term challenges even more difficult.
I fear that if Greece leaves the euro, there would be a real loss of legitimacy of the government among the Greek people.





