Frank Lucas: “We are once again at the threshold and our actions now will determine our future leadership in space.”

The fact is the inflation is still running above the Fed's 2-percent target.

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

Folks back home are always very concerned about inflation and the period we have gone through lately.