mr. barr: i understand. sec. yellen: this coalition has been critical to our success. mr. barr: i agree, secretary. sec. yellen: be careful not to be unilateral in our approach. mr. barr: i agree. i agree with that. but this bill, this approach, would give us that flexibility. it would enable you to provide some of those transactions, allow some of those transactions to go through for our european partners. but build those and give an incentive for putin to withdraw. as someone who served as chair of the federal reserve and now as treasure secretary, you have the unique view into the financial services and how our regulateors develop frameworks, decisions are highly impactful and i don't feel like congress has insight or visibility what the united states advocates forment. what types of materials and briefings were you given as to what we commit to in these groups? what can we get to ensure that the advocacy is in line with the policy goals of the congress? sen sen we. >> and compel us to do anything in the united states. and we do what is in our interest. and global syste

it's one of my colleagues, mr. barr said, there's people who are making those choices. for, instance the horse traders. they're paying a lot less in the overdraft they would for a line of credit. right? so, there is a choice function there. i'm not saying they're having to make this choice. yes, there are some problems with this and we do have to address, it one way or the other. because, at the rate administration is driving up inflation, i imagine this is going to get worse before it gets better. i do like some of the things that i heard mr. kundert say that they have done in their credit union, and i do have one question to ask their. you said this did cause you some revenue when you made your changes to overdraft fees. how did you make up for that revenue? did you just take that as a loss, did you raise fees and other areas or did you open up more lines of revenue coming in? how did you make up for that loss? >> we primarily made up for it overtime by building more efficiency in the organization. when we benchmark are operating cost to other, similar sized instituti

one of my colleagues, mr. barr, said there are people who are logically making those choices. for instance, the horse traders, they're paying a lot less a hand they would for a lot -- for a line of credit. i'm not saying they're having to make that choice. yes, there's some problems with this, and we to have to address it one way or another because at the rate this administration is driving up inflation, i imagine this is going to get worse before it gets better. i do like some of the things that i heard mr. kundert say they have done in their credit union, but i do have one question to ask there. you said this did cost you some revenue when you made your changes to the overdraft fees. how did you make up for that revenue? did you just take that as a loss? did you raise fees in other areas, or did you open up more lines of revenue coming in? how did you make up for that loss? >> well, we primarily made up for it over time by building more efficiency in the organization. we benchmark our operating costs, other similar sized institutions we're often in the 98th percentile for op

mr. barr: thank you, mr. speaker. i thank my friend, the gentleman from south carolina, for his leadership on the foreign affairs committee, his leadership in the congress and his advocacy for the free people of ukraine. mr. speaker, as the united states and our nato allies and other ally respond to vladimir putin's unprovoked and brutal attack on the free sovereign and independent nation of ukraine, we must assess the many ways in which russia is seeking to evade sanctions. and that includes the extent to which russia is turning to china to enable its aggression. mr. speaker, the unholy alliance between the chinese communist party and the authoritarian oligarchs running the creme shrine a serious threat to the united states and our allies and it's enabling this illegal aggression against ukraine. on february 4, russia and the c.c.p. released a joint statement following a meeting with vladimir putin and xi jinping outlining a strategic partnership with, quote, no limits. following russia's illegal invasion of ukraine,

when the votes showed trump's loss, mr. trump, the outgoing president, was left impotently begging mike pence or bill barr to help a last-ditch sloppy coup. we know what happened. pence said no. barr said no and left. which is why then trump found himself begging his own aides or former aides who had far less power than those people mentioned to, as we're hearing, find fraudulent electors or run pressure campaigns on members of congress. if there is any doubt, that's why donald trump is still out here re-live his anger and his toxic relationship with mr. barr, casting his opposition to do election fraud at the end which is a low bar for a prosecutor, by the way, just not committing new crimes. trump casting that as barr's fear of some kind of congressional impeachment. >> look, we also had a chance, but bill barr, the attorney general, didn't want to be impeached. had bill barr had the courage to do what he should have done instead of being worried about being impeached, i said, look, get impeached. >> is that what barr was

>> mr. speaker, as the member designated by mr. barr of kentucky and mrs. wagner of missouri, they will vote yea on h.r. 7108. the speaker pro tempore: for what purpose does the gentleman from arizona seek recognition? >> as the member designated by mr. huffman, i inform the house that mr. huffman will vote yes on the concurring amendment to h.r. 7108. the speaker pro tempore: for what purpose does the gentleman from florida seek recognition? >> as the member designated by dr. gosar of arizona and mr. cawthorn of north carolina, i inform the house that these members will vote yes on the measure. the speaker pro tempore: for what purpose does the gentleman from florida seek recognition? >> mr. speaker, as the member designated by mr. cardenas, mr. crist, mr. gomez, and ms. wasserman schultz, i inform the house that these members will vote yea on the concurring senate amendment to h.r. 7108. the speaker pro tempore: for what purpose does the gentleman from rhode island seek recognition? >> mr. speaker, as the member designated by ms. jackson lee of texas, i i

waters: i recognize the gentleman from kentucky, mr. bar, for one minute. mr. barr: i will say one thing we can do more is sanction the energy-related transactions. russia's war on ukraine highlights the role to put pressure. sanctions have had some effect but we can do more. the atrocities on display necessitates that the u.s. use its full power including limiting russia's ability to profit from oil and gas sales. we need to do so. the i.m.f. is at a cross roads. and it promotes macro instactes into issues like climate change. this hearing will focus on u.s. interests and i look forward to today's testimony. water water i welcome the honorable janet yellen. without objection, your written statement will be made part of the record. you will have five minutes to summarize your testimony. you should be able to see a timer that will indicate how much time you have left on your testimony. secretary yellen, you are now recognized for five minutes to present your testimony. secretary yellen: thank you chairwoman waters, ranking member mchenry. thank you for giving me

the gentleman from kentucky, mr. barr is, now recognized for five minutes. >> thank you, secretary yellen, for your testimony right here. thank you for your testimony. let me follow up with a ranking member mchenry's line of question about the energy loophole in the sanctions on russian banks and i've talked to deputy secretary adeyemo about this, and he's a very impressive guy, and he's open minded to my line of inquiry. i hope you are as well. i have a bill called the no industry revenues for russian hostility sacked that would close that loophole and would give the administration an option to create an escrow arrangement that requires all russian energy revenues to be allocated for humanity who mentoring purposes which is similar arrangements currently in purpose [inaudible] with iran. to the extent that you have concerns, or the administration has diplomatic concerns or sensitivities with respect to our european allies over the, are over defensive overdependence on russian gas, at this legislation or this approac

which barr declined to do. mr. navarro acknowledges he kept a journal detailing this episode and other postelection actions he took. earlier this year, he was refusing to comply with our subpoena. mr. navarro made multiple media appearances during which he discussed his various roles in the event that culminated in the attack. i would like to play a media clip right now. can you please q the clip? -- cue the clip? >> i have so much knowledge to share with you about what i was involved in. what i know. given what you told me. that you have a plan that you pushed to deal with the certification. you told me 100 members back. he said trump was on board. you say all those things out here, why risk a legal battle or going to jail to refuse to discuss with the committee under oath? >> because i have a loyalty to the president. the president has invoked executive privilege in this matter. is not my authority to revoke that privilege. >> you say it's not your privilege. but how often you have waived it. looks like a some of

mr. thompson: i want to talk a little bit about what the american people ought to expect of their leaders, those who hold positions of public trust, the responsibilities that come with it. i have been thinking about these responsibilities for more than 50 years and all the time i have been fortunate enough to hold a position of public trust. it doesn't matter if you are an alderman, mayor, president of the united states or staff member working as a civil servant. when you work for the public, when the people taxes pay your salary, these jobs come with serious rules and serious obligations. dan scavino and peter navarro both held positions of public drug. dan scavino was each drew salaries to the tune of over $180,000 per year. they both were to abide by certain rules and rocketses. and both swore ocean of allegiance to the constitution. the select committee wants to talk to them more than white house jobs. we want to talk about their roles of trying to overturn the 2020 election. we subpo

that word after the discovery of 300 dead bodies in a suburb of kyiv, new proof, according to mr. biden, that russian president vladimir putin is a war criminal. alice barr is tracking that story from washington. >> reporter: today, new evidence of atrocities in ukraine, igniting global condemnation and adding power to president biden's repeated assertion that russian president vladimir putin is a war criminal. >> we have to gather all the details so their can be an actual, have a war crime trial. this guy is brutal. >> reporter: the president referencing reports of mass killings in bucha, near the capital kyiv. volodymyr zelenskyy calling it genocide. in a visit to the terrorized town where the mayor says more than 300 civilians were found dead, after russian forces pulled out. >> they were indiscriminately killed bit russian occupiers. a lot of them are elderly people. >> reporter: moscow denies it, despite video showing bodies in the streets. president biden promising more sanctions, though zelenskyy says that won't be enough. >> we have to continue to provide ukraine with the

mr. desaulnier. the speaker pro tempore: the gentleman is recognized for three minutes. mr. desaulnier: thank you. i want to thank my friend and colleague for yielding. i also want to thank for the conversation at the rules committee and my distinguished colleagues on both sides. i want to speak as small businesses that were vital to the communities of where they were. and how important they are to restart main street america in every district. the multipliers of having restaurants open and the difficulty of a cash flow of a small business like this and why this initiative is so important. the bureau of labor statistics estimates that in 2019 there were 12.1 million people employed in the restaurant and food service industry. so many of those people immediately lost their jobs and their incomes with no warning when the pandemic hit. in april of 2020 alone the restaurant industry lost 5.5 million jobs. through the american kes cue plan we -- rescue plan, we established the restaurant revit

mr. wilson: thapg you, mr. speaker. the -- thank you, mr. speaker. the midlands of south carolina were shocked to learn of the shooting death sun of casey police officer andrew barr, age 27. killed in the line of duty, officer barr was a brave dedicated public servant who will always be cherished as a champion for law and order. he was familiar with the danger. shortly after graduating from the south carolina criminal justice academy in 2017, he and another casey police officer were shot during an incident that involved a car chase and foot pursuit. they were awarded medals for bravery. our hearts are breaking in casey. officer barr has been n important part of the family since 2016. heralded the mayor. officer barr gave the ultimate sacrifice for us to make us safe, confirmed casey police chief. casey is fortunate with mayor and the chief with law enforcement experienced councilman. our prayers for the family of texas national guardsman bishop evans who was a hero trying to protect the drug infested southern border. god bless ukraine. got bless pres