National Income & Product Accounts Gross Domestic Product: Third Quarter 2016

National Income & Product Accounts Gross Domestic Product: Third Quarter 2016

Washington, DC…Real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of 2016(table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.4 percent. The GDP estimate released today is based on more complete source data than were […]

Senator Gaines Announces 2017-18 Committee Assignments

Senator Gaines Announces 2017-18 Committee Assignments

Sacramento, CA…Senator Ted Gaines (R–El Dorado) today announced his committee assignments for the 2017-18 legislative session. Senator Gaines will remain in his post as vice chairman of the Senate Insurance Committee. He is also a member of the Senate Committees on Governmental Organization; Energy, Utilities and Communications; Transportation and Housing; and Legislative Ethics. “I am […]

President-Elect Donald J. Trump On Electoral College Vote

President-Elect Donald J. Trump On Electoral College Vote

New York, NY…“Today marks a historic electoral landslide victory in our nation’s democracy. I thank the American people for their overwhelming vote to elect me as their next President of the United States. The official votes cast by the Electoral College exceeded the 270 required to secure the presidency by a very large margin, far […]

The Assassination Of Russian Ambassador To Turkey Andrey Karlov

The Assassination Of Russian Ambassador To Turkey Andrey Karlov

Washington, DC…The United States condemns the assassination today in Ankara of Russian Ambassador Andrey Karlov. Our thoughts and prayers are with his loved ones, the Russian people, and with the other victims who were injured in this shooting. We stand ready to offer assistance to Russia and Turkey as they investigate this despicable attack, which […]

President Obama Grants 153 Commutations & 78 Pardons To Individuals Deserving Of A Second Chance

President Obama Grants 153 Commutations & 78 Pardons To Individuals Deserving Of A Second Chance

Washington, DC…Today, President Obama granted clemency to 231 deserving individuals — the most individual acts of clemency granted in a single day by any president in this nation’s history. With today’s 153 commutations, the President has now commuted the sentences of 1,176 individuals, including 395 life sentences. The President also granted pardons to 78 individuals, […]

Remarks On Syria From Secretary Kerry

Remarks On Syria From Secretary Kerry

Washington, DC…SECRETARY KERRY: Hello, everybody. I just wanted to bring you all up to date on what we’ve been trying to do with respect to the tragic situation in Syria, and obviously mostly focused or especially Aleppo. I don’t think I have to elaborate, but I’m going to certainly focus on the anger and the […]

The FED Bumps Up Interest Rate & Hints Of More To Come

The FED Bumps Up Interest Rate & Hints Of More To Come

Washington, DC…Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been expanding at a moderate pace since mid-year. Job gains have been solid in recent months and the unemployment rate has declined. Household spending has been rising moderately but […]

President-Elect Donald J. Trump Picks Rex Tillerson For Secretary of State

President-Elect Donald J. Trump Picks Rex Tillerson For Secretary of State

New York, NY…President-elect Donald J. Trump today announced his intent to nominate Mr. Rex Tillerson, Chairman and CEO of ExxonMobil, to serve as Secretary of the United States Department of State. Among the most accomplished business leaders and international dealmakers in the world, Mr. Tillerson has spent his career protecting the jobs of his employees, […]

President Obama’s Weekly Address: It’s Time to Get Covered on the Health Insurance Marketplace

President Obama’s Weekly Address: It’s Time to Get Covered on the Health Insurance Marketplace

Washington, DC…Hi, everybody. It’s the most wonderful time of the year — and not just because it’s the holiday season, but because it’s also open enrollment season over at HealthCare.gov. That was a dad joke, I know. But this weekend, I hope you’ll take a moment to do something really important for yourself and your […]

President-Elect Donald J. Trump Intends To Nominate General James Mattis As Secretary Of The United States Department Of Defense

President-Elect Donald J. Trump Intends To Nominate General James Mattis As Secretary Of The United States Department Of Defense

New York, NY… President-elect Donald J. Trump today announced his intent to nominate General James Mattis, retired U.S. Marine Corps four-star general, to serve as Secretary of the United States Department of Defense. Among the most decorated and legendary leaders in our country, Gen. Mattis has spent his life defending America in numerous theaters of […]