Showing posts with label House Democratic Leader Nancy Pelosi. Show all posts
Showing posts with label House Democratic Leader Nancy Pelosi. Show all posts

Wednesday, April 3, 2019

Nancy Pelosi by Diya Wang, Creative Investment Research Intern, Georgetown University

The POLITICO Interview moderated by Anna Palmer and Jake Sherman with House Speaker Nancy Pelosi was hosted on April 2nd. During the interview, many issues were brought up and discussed. These included the congressional agenda, policy, politics and the most up-to-date news.

Since April 2nd was Equal Pay Day, the symbolic day where women earn what men earned in the previous calendar year, the conversation started with Nancy Pelosi’s contention that the House was very excited about the Equal Pay Day. She discussed key issues on the Democratic agenda - lowering healthcare cost by lowering prescription drug costs, equal pay, how equal pay is part of cleaning up our government.

When asked about the Mueller Report, Ms. Pelosi was confident that there WILL BE a release  because "the American people deserve the truth." She said, “Winning the election enables us to do some other things, but we focus on making things happen for the American people. That’s not politics. That’s our purpose. And that is who we are as democrats.”

When asked about her conversations with the White House, infrastructure was mentioned many times. She said the Democrats are ready to talk and to explore any opportunities for the Democrats and the Republicans to work together.

Asked about what Democrats can do with the White House’s move to shut down the Mexican/US  border, and id she thinks that this move can put more pressure on the Mexican government, Ms. Pelosi commented, “I don’t know what the basis of what he believes. He may have decided, but I can’t imagine he believes that would be a good idea.” She also added, “I don’t know who is advising him there and if advising is even a word. I don’t know who’s poisoning his mind on some of these subjects.”  She believes resources should be used for the purpose that they are designed for, which is to improve the safety and quality of life of people.

At the end of the interview, Nancy Pelosi said that she was happy about the what the House is doing now. She also added that, “it is important for us to win the House, and we will. The Senate - we think we can do.” And she also mentioned that the Democrats are getting the votes to help them win the White House.

Tuesday, May 23, 2017

2017 Fiscal Summit by Henry Zhang, Impact Investing Intern, University of Toronto

The US is in major trouble, this being the gigantic amount of debt it has issued. The debt burden is getting bigger by the second and shows no sign of stopping.

For those that aren’t sure what this means, it means less public spending in the future, more inflation, and a large scale economic crisis ahead.

Major trouble attracts major attention, so on May 23rd, 2017, the well known Peter G. Peterson Foundation hosted the 2017 Fiscal Summit, with prominent speakers like Senator John McCain, Senator Mark Warner, House Democratic Leader Nancy Pelosi (and many others) all convening to discuss the national debt, the current political landscape, and implications of the debt for the nation's future.

The key message from the conference is this: nothing can be done and nothing will be done unless the Republicans and the Democrats work together. Right now, there’s little hope for that.

Bipartisanship is an unknown land at this point, and very, very far away, since each party sees the other as the major threat to the nation's well being. In Congress, there is a lot of quarreling going in and nothing coming out. Whatever the Democrats propose, Republicans oppose. The problem is further complicated by tension between the new White House and the Congress. When the White House tries to propose legislation to the Congress, it is met by fierce opposition and disapproval. Healthcare reform is a good example. Tax reform is another.

Even with Republicans controlling the White House, the Senate, and the House of Representatives, problems aren’t solved and in fact the situation is made worse. And remember, this is not the right time to do nothing. The national debt is at a dangerously high level and it keeps on rising. Interest charges are growing at an alarming rate and eating away a major chunk of tax revenue. The result: public spending’s are getting squeezed by interest payments.

Things need to be done right now, even at the cost of some pain-there are no painless solutions at this point: either you cut spending, increase taxes, or print more money. Each has its adverse effects on parts or all of society. However, it would be less painful to fix the problem right now than to fix the problem later by "kicking the can down the road."

The longer the wait, the harder the fix.

Another complication is the Trump/Russia investigation, made ever more difficult by the firing of FBI director James Comey. During one of the sessions, Senator Mark Warner gave a firm stance on the issue, he will relentlessly pursue the investigation until things are made clear. (Just moments ago, news of the Senator issuing a new request for documents from Michael Flynn came out.)

A tough, tough issue.

Edited by William Michael Cunningham