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hrmulcahy's MyC-SPAN

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    2014 Economy Summit, Judd Gregg

    Former Senate Budget Committee Chair Judd Gregg (R-NH) was interviewed at The Atlantic's the third annual Economy Summit. He talked about the Republican Party, sanctions against Russia, financial regulations, and the U.S. economy. He said Republicans need to compromise with President Obama on issues such as immigration and tax reform.

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    Debt Ceiling

    Treasury Secretary Jacob Lew spoke at a Bipartisan Policy Center forum on raising the debt ceiling. He urged Congress to raise the debt ceiling and said the government was likely to exhaust its borrowing authority sometime in late February or early March. Following his speech panelists talked about his remarks and raising the debt ceiling.

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    Investor Protection

    Former Senator Judd Gregg (R-NH) talked about the Security Industry and Financial Markets Association’s investor bill of rights, which emphasizes clarity and disclosure between securities firms and investors. After his speech, he answered written questions from audience members.

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    Political Response to 2008 Financial Crisis

    A panel discussion was held analyzing the political response to the 2008 economic crisis and the Troubled Asset Relief Program (TARP), the $700 billion program intended to stabilize the financial markets. Among the speakers was former House Financial Services Committee Chair Barney Frank, who said the TARP program stands as the most highly successful but wildly unpopular thing the government has ever done. Andrew Ross Sorkin moderated.

    “The Politics of the Crisis Response” was part of “Five Years Later: A Financial Crisis Symposium” held at Venue SIX10 at the Spertus Institute, by the University of Chicago’s The Institute of Politics and the Paulson Institute.

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    Federal Budget Process, Panel 1

    Former congressional leaders and cabinet officials talked about problems with and ways to reform the budget process. David Obey said that members of Congress should spend more time in Washington learning about the substance of issues rather than focusing on politics and campaign fundraising. Kent Conrad said that leaders were willing to solve problems on a short-term basis rather than compromising on long-term solutions. Don Nickles criticized President Obama for a lack of leadership and disinterest in debt. Other topics included sequestration as called for in the Budget Control Act of 2011. Following the discussion, panelists took questions from the audience.
    This was the first panel of “Budgeting on the Brink,” held at the Bipartisan Policy Center.

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    Economic Outlook and Fiscal Policy

    Former senators Kent Conrad (D-ND) and Judd Gregg (R-NH) evaluated proposals for reforming the nation’s fiscal policies. Other topics included budget sequestration, the Federal Reserve’s monetary policy actions, and the Dodd-Frank financial law. They responded to questions from the audience.

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    Washington Classroom with Judd Gregg

    Former Senator Judd Greg talked about his views of Congress. Topics included partisanship and political gridlock, and the federal budget and deficit.

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    Debt Reduction and Federal Budget

    A bipartisan group of former U.S. Senate and House Budget Committee chairs and other members urged President Obama and congressional leaders to come together on a comprehensive plan to address the national debt. They also responded to questions from reporters.

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    Debt and Deficit Reduction

    Former Senate Budget Committee Chairs Kent Conrad (D-ND) and Judd Gregg (R-NH) talked about the next steps to debt and deficit reduction. Topics included the raising of the debt ceiling, Social Security and Medicare reform, and sequestration. Kent Conrad showed various slides regarding revenue and spending during his speech. Following their presentations, they answered questions from the audience. Former Senator Gregg said during questioning that he did not believe an agreement could be worked out in the House but rather in the Senate.
    This event at the U.S. Chamber of Commerce in Washington, D.C., was part of Leading Authorities' Association Lecture Series, co-hosted with the U.S. Chamber of Commerce.*There were introductory videos.

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    Congressional Career of Senator Kent Conrad

    Senator Kent Conrad (D-ND) reflected on his career in Congress. Among the topics he addressed were the rise of partisan interests in the Senate, the role of lobbying in the political process, federal revenue and spending programs, and his plans for the future.