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Politics

: The Gavel

JEC Hearing on Food Prices

By Jesse Lee

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The Joint Economic Committee, where Sen. Chuck Schumer is the Chairman and Rep. Carolyn Maloney (NY-14) is the Vice Chairman, is currently holding a hearing, “How Are High Food Prices Impacting American Families?”

Rep. Elijah Cummings (MD-07) gives opening remarks:

Rep. Cummings: “Some one said a moment ago we need to bring Mr. Bernanke back so he can help us with this problem. Well, whoever said that, if you were at the last hearing I asked him about how to address the subprime issue and he said he didn’t know. So I don’t know whether that’s going to do us any good. So I’m hoping that these experts who are here today will help us resolve this issue. Because while we sit here, there are people who are worried about how they are going to feed themselves and their families.”

Full post as published by The Gavel on May 01, 2008 (boomark / email).

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