Fed Chair Powell on Monetary Policy Before Senate Banking Committee

Fed Chair Powell on Monetary Policy Before Senate Banking Committee

Washington, DC…Chairman Brown, Ranking Member Toomey, and other members of the Committee, I am pleased to present the Federal Reserve’s semiannual Monetary Policy Report. At the Federal Reserve, we are strongly committed to achieving the monetary policy goals that Congress has given us: maximum employment and price stability. Since the beginning of the pandemic, we […]

Attorney General Announces Sentencing of Former Caltrans Employee in Bribery Case

Attorney General Announces Sentencing of Former Caltrans Employee in Bribery Case

Sacramento, CA…California Attorney General Xavier Becerra announced the sentencing of Alex Morales III, a former California Department of Transportation (Caltrans) employee who received payment in exchange for awarding contracts for projects that required some form of Americans with Disabilities Act (ADA) compliance. Morales pleaded guilty in December to two counts of felony bribery and was […]

The Communist Manifesto Was First Published On This Day in 1848

The Communist Manifesto Was First Published On This Day in 1848

London, UK….On this day in 1848 the Communist Manifesto was first published by Karl Marx and Friedrich Engels. “Let the ruling classes tremble at a Communistic revolution. The proletarians have nothing to lose but their chains. They have a world to win. Workingmen of all countries unite!” ~ Karl Marx, The Communist Manifesto It was […]

President Joseph R. Biden, Jr. on the Day of Remembrance of Japanese American Internment

President Joseph R. Biden, Jr. on the Day of Remembrance of Japanese American Internment

Washington, DC…Seventy-nine years ago, President Roosevelt signed Executive Order 9066, which stripped Japanese Americans of their civil rights and led to the wrongful internment of some 120,000 Americans of Japanese descent. In one of the most shameful periods in American history, Japanese Americans were targeted and imprisoned simply because of their heritage. Families were forced […]

Governor Newsom Issues Proclamation Declaring A Day of Remembrance: Japanese American Evacuation

Governor Newsom Issues Proclamation Declaring A Day of Remembrance: Japanese American Evacuation

Sacramento, CA…Governor Gavin Newsom issued a proclamation declaring February 19, 2021, as A Day of Remembrance: Japanese American Evacuation in the State of California.  The text of the proclamation can be found here and a copy is below: PROCLAMATION Issued on February 19, 1942, Executive Order 9066 authorized the forced evacuation and incarceration of thousands of loyal […]

President Biden at Pfizer Manufacturing Site

President Biden at Pfizer Manufacturing Site

Kalamazoo, MI…Albert, thank you very much. Thank you not only for what you do for the — the credit you give me that I really don’t deserve. This is — this is a case of life and death. We’re talking about people’s lives. I want you to know that once we beat COVID, we’re going […]

Governor Newsom on Legislative Proposal for School Reopening

Governor Newsom on Legislative Proposal for School Reopening

Sacramento, CA…Governor Gavin Newsom today issued the following statement regarding efforts to safely reopen schools in California: “Since the first week of this year, the Legislature has had before it our Administration’s plan to accelerate and support school reopenings for our youngest students – as safely and quickly as possible. My Administration has not waited: […]