• Re: Rand Paul demands Yellen testify before small business panel as Ame

    From Women are weak leaders@21:1/5 to governor.swill@gmail.com on Mon Jul 25 01:33:23 2022
    XPost: talk.politics.guns, alt.politics.homosexuality, alt.california
    XPost: alt.politics.usa

    In article <t1hl3g$31r7e$149@news.freedyn.de>
    <governor.swill@gmail.com> wrote:

    Rush has never been wrong before. I agree with everything he says. It looks like the leftists have been exposed again.

    EXCLUSIVE: Sen. Rand Paul, R-Ky., is leading Republicans who are
    demanding Treasury Secretary Janet Yellen testify before the
    Senate's small business panel as inflation reaches historic
    heights.

    Paul, who serves as the ranking member on the Senate Small
    Business Committee, led a letter to Yellen Thursday, signed by
    the Republican members of the panel, asking that the secretary
    fulfill her legal requirement to testify, especially as rising
    inflation is greatly impacting Americans nationwide.

    The letter was sent the day before new inflation numbers were
    released by the Labor Department Friday, revealing that the
    consumer price index, a broad measure of the price for everyday
    goods, including gasoline, groceries and rents, rose 8.6% in May
    from a year ago. It marks the fastest pace of Inflation since
    December 1981.

    REPUBLICANS FURIOUS WITH YELLEN FOR FAILING TO TESTIFY ON COVID
    RELIEF: 'CONTINUED VIOLATION OF FEDERAL LAW'

    "It’s clear that Secretary Yellen is blatantly ignoring a legal
    obligation to testify before the Small Business Committee,
    despite the fact that we’ve been more than willing to
    accommodate her schedule. Apparently, she – and the rest of the
    Biden administration – evidently believe they are above the law,
    and are unbothered that Americans and businesses everywhere are
    grappling with a 40-year-high inflation rate of 8.6% that is
    only bound to get worse amid the Biden administration’s economic
    incompetence," Paul told FOX Business in an exclusive statement
    Friday.

    The senators and Yellen have gone back and forth regarding her
    requirement to testify many times over the last several months.

    Most recently, the department's assistant secretary for
    legislative affairs, Jonathan Davidson, told senators the agency
    had determined that the deputy secretary could legally fulfill
    the requirement in place of Yellen.

    However, the senators took issue with that determination in
    their letter Thursday, writing: "The law is clear. The Secretary
    is required to testify and this duty is not delegable.
    Therefore, the Deputy Secretary is not authorized to satisfy
    your legal obligation to testify before the Committee."

    The Republicans point to a provision mandated in the Economic
    Aid Act, which states that the "Secretary of the Treasury shall
    testify before the Committee on Small Business and
    Entrepreneurship of the Senate."

    INFLATION HITS FRESH 40-YEAR HIGH IN MAY WITH CONSUMER PRICES
    SURGING 8.6%

    In response to the letter, the Treasury Department told FOX
    Business that it continues to defend its delegation of the
    deputy secretary to fulfill the testimony requirement under law.

    A Treasury Department spokesperson told FOX Business Friday that
    Yellen has "robust engagement" with Congress and that the deputy
    secretary would still fulfill the requirement to testify
    specifically before the Small Business Committee.

    "Secretary Yellen looks forward to continuing her robust
    engagement with Congress, which has included testifying over
    dozen times before the House and the Senate, and as recently as
    this week before the Ways and Means and Finance committees."

    "The Deputy Treasury Secretary has legal authority to fulfill
    this requirement to testify before the Small Business
    Committees, and he has already agreed and offered to appear
    before the Committees. We hope the Committees will allow him to
    appear to testify on this work."

    https://www.foxbusiness.com/politics/rand-paul-leads-republicans- demanding-yellen-testify-americans-struggle-inflation

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