Media

The Subcommittee on Financial Services and General Government will come to order. Welcome to our first subcommittee hearing of the 118^th Congress.

Appearing before the Subcommittee today is Treasury Secretary Janet Yellen and Office of Management and Budget Director Shalanda Young. Thank you for joining us this afternoon. We were looking forward to receiving testimony from Council of Economic Advisers Chair Cecilia Rouse but wish her well.

We are here today to discuss the Administration's Fiscal Year 2024 budget request and our Nation's economic outlook.

I would like to welcome everyone to our second hearing of the day – a hearing on the Fiscal Year 2024 budget request for the Department of Commerce Office of Inspector General. Thank you to our subcommittee members and to Inspector General Gustafson for being here today.

Inspectors General serve as independent watchdogs within government and are a critical resource for Congress and for taxpayers.

Mr. Secretary, thank you for being here today to discuss the fiscal year 2024 budget request for the Department of State, and thank you for your service to our country.

Before I get to the budget, I want to start by raising concerns on what I believe have been serious blunders that have damaged relationships with our allies and emboldened some of the most dangerous, anti-American actors throughout the world.

Here are some examples.

The Defense Subcommittee will come to order.

Today, the Subcommittee will receive testimony from:

The Subcommittee on Financial Services and General Government will come to order. Welcome to our first subcommittee hearing of the 118^th Congress.

Appearing before the Subcommittee today is Treasury Secretary Janet Yellen and Office of Management and Budget Director Shalanda Young. Thank you for joining us this afternoon. We were looking forward to receiving testimony from Council of Economic Advisers Chair Cecilia Rouse but wish her well.

We are here today to discuss the Administration's Fiscal Year 2024 budget request and our Nation's economic outlook.

I want to welcome Amanda Bennett, the CEO of the United States Agency for Global Media.

Ms. Bennett, you are at the helm of an agency that is tasked with providing free, independent information globally, including in the most repressive media environments.

The timing of this session, so early in the cycle of our hearings, should send a clear signal of the priority we place on this agency and its important mission.