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hrmulcahy's MyC-SPAN

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    Retirement Security and Savings

    Former Senator Kent Conrad (D-ND) and James Lockhart talked about a report released by the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings. The report outlined obstacles facing Americans as they save for retirement.

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    Jeb Bush Campaign Event in Derry New, Hampshire

    Republican presidential candidate and former Governor Jeb Bush (R-FL) held a town hall meeting at West Running Brook Middle School in Derry, New Hampshire. His mother, former first Lady Barbara Bush, also attended the event.

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    Raising the Debt Limit

    Treasury Secretary Jack Lew, former Senators Kent Conrad (D-ND) and Don Nickles (R-OK), and former Representative Vin Weber (R-MN) talked about the raising the debt limit. Secretary Lew spoke first, commending Congress on reaching a two-year budget agreement with President Obama. Following his speech, the former members of Congress talked about the process of raising the debt limit.

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    Former Senator Judd Gregg on Federal Debt

    Former Senator Judd Gregg (R-NH), co-chair of Campaign to Fix the Debt, talked about federal budget and national debt issues and upcoming fiscal deadlines. Other topics included the upcoming House Republican leadership elections, the 2016 presidential campaign, and politics in New Hampshire.

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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.