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TimesVideoWatch Live: Jerome Powell testifies on economy Federal Reserve Chairman Jerome Powell testifies on the Monetary Policy Report, a biannual report, on Tuesday before a virtual Senate Banking Committee hearing.

TimesVideoWatch Live: Jerome Powell testifies on economy On Tuesday Federal Reserve Chairman Jerome Powell will testify on the Monetary Policy Report, a biannual report, before a virtual Senate Banking Committee hearing.

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Video: Cecilia Rouse testifies in the Senate

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Cecilia Rouse testifies in the Senate

Cecilia Rouse, chosen by President Biden to lead the White House Council of Economic Advisers, testified before the Senate Banking Committee on how she would lead a recovery from the pandemic.

Today our country is going through the worst economic crisis since the Great Depression. Millions of families have seen their lives turned upside down. The economic security they worked so hard to build was eroded almost overnight by the economic impact of the pandemic. Far too many of them have slipped through our safety net in misery and despair, and the structural inequalities that have always existed within our economy have not only been exposed, but exacerbated – their impact more devastating than ever. As important as it is for the CEA to interpret and translate data and academic research, it is also essential that we use the right data. Too often economists focus on average outcomes instead of looking at a range of outcomes. As a result, our analyzes tell us about average economic growth and the retail environment. But as our economy becomes increasingly unequal, this analysis fails to capture the experience of the many people left behind, especially people of color. Therefore, one of my priorities as President will be trying to understand how policies will impact everyone in our country as we strive to make the economy work for everyone.

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Video: Biden’s Commerce Secretary’s Candidate Testifies Before the Senate

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Biden’s Commerce Secretary Candidate Testifies Before Senate

Governor Gina M. Raimondo of Rhode Island, President Biden’s candidate for trade secretary, testified before the Senate on Tuesday about her plans to help the economy.

“This confirmation hearing is just the start of our conversation on vital policy issues, including responding to the economic damage caused by the pandemic, investing in our people and small businesses, ensuring that American workers and manufacturers can compete in the global market. “The Secretary of Commerce will play an important role in strengthening our economy and in trying to overcome the pandemic and recover from its economic impacts. I think this is a vital job of the Secretary of Commerce as we let’s continue to see the impacts of Covid on our economy. “The Commerce Department has a simple but vital mission: to boost well-paying jobs, enable entrepreneurs to innovate and grow, and help American workers and businesses be These are the same priorities that have guided my own life in my own career. In this time of overlapping crisis, the Department of Commerce must be a partner with businesses and workers to help them innovate and grow.

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TimesVideoWatch Live: Mnuchin testifies before Congress Treasury Secretary Steven Mnuchin will testify before the Congressional Oversight Committee for the first time on his decision to end pandemic relief programs.

TimesVideoWatch Live: Mnuchin Testifies Before CongressSteven Mnuchin, Secretary of the Treasury, will testify for the first time before the Congressional Oversight Committee about his decision to end pandemic relief programs.