Posted on 06/11/2022 6:03:58 AM PDT by RandFan
Sen. Rand Paul, R-Ky., is leading Republicans who are demanding Treasury Secretary Janet Yellen testify before the Senate's small business panel as inflation reaches historic heights.
Paul, who serves as the ranking member on the Senate Small Business Committee, led a letter to Yellen Thursday, signed by the Republican members of the panel, asking that the secretary fulfill her legal requirement to testify, especially as rising inflation is greatly impacting Americans nationwide.
The letter was sent the day before new inflation numbers were released by the Labor Department Friday, revealing that the consumer price index, a broad measure of the price for everyday goods, including gasoline, groceries and rents, rose 8.6% in May from a year ago. It marks the fastest pace of Inflation since December 1981.
"It’s clear that Secretary Yellen is blatantly ignoring a legal obligation to testify before the Small Business Committee, despite the fact that we’ve been more than willing to accommodate her schedule. Apparently, she – and the rest of the Biden administration – evidently believe they are above the law, and are unbothered that Americans and businesses everywhere are grappling with a 40-year-high inflation rate of 8.6% that is only bound to get worse amid the Biden administration’s economic incompetence," Paul told FOX Business in an exclusive statement Friday.
The Republicans point to a provision mandated in the Economic Aid Act, which states that the "Secretary of the Treasury shall testify before the Committee on Small Business and Entrepreneurship of the Senate."
(Excerpt) Read more at foxbusiness.com ...
Great, another babbling idiot Democrat to testify. Rand, please STOP THE THEATER.
Rand needs to investigate all of Congress’ excessive pork spending of late.
Pathetic little bich.
Demand in one hand and crap in the other. See which one fills up first.
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