Videos

Douglas Elmendorf testified on the 2014 federal budget and economic outlook. The Congressional Budget Office report showed that the federal budget deficit would decrease in the short term be…

White House Budget director Jacob Lew testified on the president’s 2012 budget request, which he called a “down payment” toward fiscal solvency. He also said that Congress needed to work tog…

Douglas Elmendorf testified on the long-term federal budget outlook and a report predicting a bleak fiscal and economic future and outlining consequences for American families should policym…

Ben Bernanke testified about the state of the U.S. economy. In addressing the rise in unemployment and slow job growth during May 2012, he said the causes were unclear and did not necessaril…

The House worked on commerce, justice and science appropriations.

Budget Committee members marked up the House Republican fiscal year 2013 budget plan. This hearing ended while in progress, and continues on part 5.

Federal Reserve Chair Ben Bernanke testified on the U.S. economic outlook for 2012. The hearing touched on a wide range of issues including unemployment, the federal deficit, increasing taxe…

John Galvin and Thomas Nardone testified about the most recent report on unemployment. The unemployment rate dropped from 8.5 percent to 8.3, the lowest in nearly three years.

The House convened for a legislative session.

Edward DeMarco testified about purposed changes to the secondary mortgage market and proposed legislation establishing a new market that would replace Fannie Mae and Freddie Mac. Among the i…

Witnesses testified about the impact of the public debt on the U.S. economy. They focused on the challenges of creating jobs in a harsh economic environment and disagreed on the route the Wh…

Ben Bernanke testified on the U.S. economic outlook. Among his comments he said the economic recovery was close to faltering. He said the Federal Reserve was prepared to take additional step…

Representative John Campbell talked about the role of the government in the housing industry, and he responded to telephone calls and electronic communications. He also discussed troop level…

Treasury Secretary Geithner testified about the future of Fannie Mae, Freddie Mac, and the Federal Housing Administration. Among the topics he addressed were short-term steps to make to lure…

Federal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. In his testimony he said that proposed spending cuts could cos…

The House continued consideration of fiscal year 2011 spending.