Senator Chris Van Hollen

This is a very shoddy piece of work.

It's an incomplete piece of work.

And I can understand why Ken Martin was reluctant to release it earlier.

But as he has said, he owns this problem.

He should have just ripped the bandaid off earlier and put it out.

No, we're six months from a very important election and we should not be changing horses at this time.

I will say that the overall thrust of the report

indicates that we should not just go back to the pre-Trump status quo.

In fact, President Trump has repeatedly and publicly demanded sharply lower rates.

We've seen him harangue the Federal Reserve over and over and over.

And Mr. Warsh's views have conveniently moved in exactly that direction.

Now, that doesn't automatically disqualify him, but it does create a very legitimate question.

Is this a genuine change in economic judgment?

Or is it a shift that reflects the preferences of the president who nominated him?

You know, unfortunately, I think this has damaged public confidence, but I also believe Al-Qaeda is resilient.

We can move forward being honest, transparent and, you know, committed to accountability.

It's good to be back with you guys.

Thanks.

Well, the fundamental idea behind this bill is exactly a recognition that people are working harder than ever and still being squeezed.

So people are making a paycheck, but because of the high costs and prices that they're facing, they're just struggling to get by.