The policies that the Fed has adopted are actually making income and wealth inequality worse.
On the record
White House Chiefs of Staff
Quotes from current and former White House Chiefs of Staff.
Former white house chiefs of staff
I think that one of your Fed economists said it could be as much as $20 billion to $60 billion in money that will flow to the large banks that have the excess reserves.
And it seems like what we are seeing once again is a habit with the Administration... to not only not follow the law but to hold yourself to an entirely different standard than you are holding everybody else.
I could buy you 140 F-35s on just on what we're going to lose this year in tax refund fraud.
I would suggest to you, Mr. Watt, that we did just that.
I also appreciate your dedication to following the law and following the statutes.
Last Congress, I sponsored the Subcontracting Transparency and Reliability Act, which was passed out of this Committee...
I am concerned that the EPA's Lead Renovation, Repair, and Painting (LRRP) Rule could impose regulatory costs that are so high they would offset any financial benefit of energy-efficiency projects.
Does the EPA consult with the CDC on results of the agency's lead paint monitoring? If not, why not?
You've been there 5 years. The Obama administration has been in charge for 5 years. Where does this come from, if not from the top?
Seventy-six meaningful things that the IG and the GAO said were wrong at the Bank.
I suggest to you that it's possible that maybe they fudge the numbers a little bit and that it's insight into what is going on at the Bank.
The GAO in May of 2013 was extraordinarily critical of how the Bank talked about jobs.
It was actually then-Senator Barack Obama in 2008 who said that this was corporate welfare that needed to be cut back.
Only one-third of the Bank--what the Bank does actually goes toward leveling the playing field.
I encourage my colleagues not to take it as an apples-to-apples comparison.
As someone who is still fairly new to the committee, and still fairly new to Congress, I hope that still strikes some people in addition to myself, that it is just patently absurd that the Securities and Exchange Commission is in charge of…
Let's see if we can't find something that we can actually accomplish.
This type of hearing is a good hearing because we are, honestly, each one is trying from both sides of the aisle just to try to get to the root issues
I know that many of us here supported the Jobs Act a couple of years ago. I know it passed on a bipartisan basis.
If we don't fix it, all that really matters is, who is in charge when it breaks, us or them?
You are not going to solve this problem without leadership.
Whether it be Ronald Reagan or Bill Clinton, we have had a President who was willing to engage.

