Sacramento, Ca… A George Runner-sponsored proposal to protect California’s disabled veterans cleared the Senate this week with unanimous, bipartisan support. Senate Bill 1113, authored by Senator Steve Knight (R-Antelope Valley), would help ensure that disabled veterans who encounter bureaucratic delays can still claim a key property tax exemption. “Disabled veterans should not miss out on tax […]
Sacramento – Board of Equalization Chairman Jerome E. Horton today announced that BOE-sponsored legislation to crack down on large-scale counterfeit goods suppliers has overcome another legislative hurdle. Assembly Bill 2681 moved off the Assembly floor today. “Right now, if our investigators find a huge warehouse full of unstamped cigarettes, the law allows us to pursue the wholesaler for […]
Washington, DC…Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 1.0 percent in the first quarter according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 […]
Testimony Other Formats 45 KB PDF Washington, D.C….February 11, 2014….Chairman Hensarling, Ranking Member Waters and other members of the Committee, I am pleased to present the Federal Reserve’s semiannual Monetary Policy Report to the Congress. In my remarks today, I will discuss the current economic situation and outlook before turning to monetary policy. I will […]
Washington, DC…” Thank you, Mr. President, I am honored and humbled by the faith you have placed in me. If confirmed by the Senate, I pledge to do my utmost to keep that trust and meet the great responsibilities that Congress has entrusted to the Federal Reserve–to promote maximum employment, stable prices, and a strong […]