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05/14/2009
HEARING ANNOUNCEMENT - Oil and the Economy: The Impact of Rising Global Demand on the U.S. Recovery
The Joint Economic Committee (JEC), chaired by Congresswoman Carolyn B. Maloney, will hold a hearing on Wednesday, May 20, 2009, at 10:00 a.m. in Cannon Office Building Room 210, entitled “Oil and the Economy: The Impact of Rising Global Demand on the U.S. Recovery.” While the global economic downturn has reduced demand for oil in both developed and developing nations, signs of economic recovery have already begun to nudge oil prices higher. The hearing will examine the impact of last year’s oil price shock on the U.S. economy, near term expectations for crude oil prices, and developments in the global supply of crude oil. The hearing will also explore policy options for minimizing the impact of higher oil prices on the economic recovery in the U.S.
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05/12/2009
New JEC Report: Credit Card Bill of Rights Will Aid Economic Recovery
Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC), and Senator Charles E. Schumer, Vice Chairman of the JEC, released a report showing unfair credit card practices are sending American families further into debt and undermining the economic recovery. The report, “Vicious Cycle: How Unfair Credit Card Company Practices Are Squeezing Consumers and Undermining the Recovery,” outlines how the economic downturn and financial crisis have accelerated the adverse impacts of these practices on consumers, small businesses and our economy as a whole.
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05/08/2009
The Employment Situation: April 2009
Washington D.C. – Congresswoman Carolyn B. Maloney, chair of the Joint Economic Committee (JEC), will convene a hearing on the newly released employment figures from the Bureau of Labor Statistics (BLS). Senator Amy Klobuchar (D- MN) will preside over the hearing entitled, “The Employment Situation: April 2009” on Friday, May 8, 2009 at 9:30 am in Dirksen Room 106. BLS commissioner Keith Hall will testify to recent developments in the labor market, as the JEC continues a series of hearings examining the causes and ongoing effects of the financial crisis and the economic downturn.
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05/05/2009
The Economic Outlook: Bernanke
The Joint Economic Committee (JEC), chaired by Congresswoman Carolyn B. Maloney, held a hearing on the Economic Outlook for the United States with Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, on Tuesday, May 5, 2009 at 10:00 a.m. in Hart Senate Office Building, Room 216. Chairman Bernanke evaluated our current economic situation, as well as the longer term outlook, and provided insights into the ongoing government efforts to restore financial stability and promote economic recovery.
Joint Economic Committee
