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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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