Video & Transcript Research : 'judicial statistics'

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FL

Florida 2026 Regular Session

Criminal Justice Feb 11th, 2026

Criminal Justice

Transcript Highlights:
  • attorneys, two public defenders, a board-certified criminal defense lawyer, and a chief judge of the judicial
  • attorneys, two public defenders, a board-certified criminal defense lawyer, and a chief judge of the judicial
Summary: The committee met with a quorum present and took up a series of bills, beginning with SB 1300 on education and workforce development for current and former inmates. Senator Claudio explained that the bill is intended to expand collaboration between the Department of Transportation and the Department of Corrections to provide training opportunities tied to Florida’s need for CDL drivers. The bill was reported favorably without debate. Members then considered SB 896 on campus safety, as amended by strike-all and late-filed amendment. The bill would require postsecondary institutions to adopt active assailant response plans, conduct security risk assessments, improve threat reporting and information sharing, and allow voluntary participation in the guardian program; the late-filed amendment removed a prohibition on guardians wearing uniforms. After questions about the firearm-discharge provision near campuses and testimony both for and against, the committee reported the bill favorably. The committee also reported favorably SB 86 on commercial motor vehicles operated by unauthorized aliens, SB 642 on foreign and alien bail bond insurers, and confirmed appointees listed on tabs 10 through 19. The committee next heard SB 712 on pyramid promotional schemes, which would create a new prohibition and increase penalties while preserving legitimate direct sales plans. Members raised concerns about whether participants in such schemes might themselves be victims, and the sponsor said prosecutorial discretion would distinguish victims from primary wrongdoers; the bill was reported favorably. SB 1224 on rental housing application fraud was also amended and reported favorably after testimony from apartment and realtor groups in support. In the latter part of the meeting, Chair Martin presented SB 1370 to expand habitual traffic offender status to repeated unlicensed driving, and SB 1712 to create a statewide FDLE counterintelligence and counterterrorism unit. SB 1370 was reported favorably unanimously. SB 1712 drew extensive questioning and public opposition over concerns about broad language, surveillance, and possible impacts on speech and protest, but the sponsor said the unit would focus on protecting the state from adversary intelligence threats and operate within constitutional limits; it was reported favorably. Finally, SB 758 on the Justice Administrative Commission was amended to adjust commission membership and reported favorably unanimously. The committee then recorded additional votes for members and adjourned.
NM

New Mexico 2026 Regular Session

House - Judiciary Feb 2nd, 2026 at 02:11 pm

House Judiciary

Transcript Highlights:
  • Already know what we're facing with the fact that we most likely won't put a person through the judicial
  • including input from public Schools and public school districts, institutions of higher education, the judicial
Bills: HB9, HB50
MD

Maryland 2026 Regular Session

Senate Floor Session, 1/20/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • Judicial Proceedings. >> Thank you very much, Mr. President.
  • The Judicial Proceedings Committee will meet today at 1 p.m. for bill hearings.
Summary: The Maryland Senate convened with a quorum present and began the session with an invocation by Rabbi Ari Goldstein of Temple Beth Shalom, who urged senators to listen carefully, act with humility and integrity, and keep policy focused on real people and practical justice. His remarks were journalized without objection. The chamber also welcomed several guests, including a senior Girl Scout troop from Jefferson, family members of a senator, and visiting teachers, educators, and students from the College Board Foundation. The main floor action was a resolution recognizing Korean-American Day and honoring the Korean Society of Maryland and the broader Korean American community for their contributions to Maryland and the nation. The sponsor highlighted the community’s history since the first Korean immigrants arrived in North America in 1903 and named several Korean American leaders present in the gallery. The resolution was read in full and adopted unanimously, with applause and thanks extended to the guests. The Senate then handled first-reader bill introductions: Senate Bill 280, relating to state parks terminology in the Natural Resources/Education/Energy/Environment committees, and Senate Bill 281, the Metro Funding Modification Act of 2026, referred to Budget and Taxation. Leadership noted that the early weeks of session would be committee-heavy, with most bills going to standing committees rather than the floor. Committee chairs then gave scheduling updates, including truncated hearing formats due to bill volume, upcoming hearings on longevity, the AHEAD model and emergency department wait times, election law bills, controller briefings, and departmental hearings. The Senate adjourned without objection until Wednesday, January 21, for a 10:00 a.m. pro forma session.
MO

Missouri 2026 Regular Session

Financial Institutions Jan 14th, 2026 at 12:00 pm

Financial Institutions

Transcript Highlights:
  • Clarify an expedited judicial review process for property owners who believe they have been a victim
  • penalties on filing false deeds and creates a little more clarity around who can access the expedited judicial
Keywords: 959, house, all
WA
Transcript Highlights:
  • witnessing the erosion of fundamental rights and protections through changes in laws, policies, and judicial
  • , but when there is a collaboration, there needs to be certain laws followed, including having a judicial
Summary: The Tribal Relations Committee held a work session on the Keep Washington Working Act, hearing first from the Office of the Attorney General, then the Office of the Governor, and finally advocates from the ACLU of Washington, Northwest Immigrant Rights Project, and One America. The Attorney General’s office described the 2019 bipartisan law as limiting state and local involvement in federal civil immigration enforcement, emphasizing minimal data collection, privacy protections, definitions in the statute, model policies for agencies, and the role of court orders and federal funding exceptions. Committee members asked about consistency in legal guidance, possible federal challenges, and whether the law has been litigated in Washington or elsewhere; the office said it has not been challenged in Washington and cited similar laws in other states that have been upheld or dismissed in litigation. The governor’s office said the administration is implementing the law across agencies through case-by-case review of data-sharing requests, coordination with the Attorney General and privacy officials, and a new executive order creating an immigration sub-cabinet to improve agency coordination and community input. Officials said the state will continue to protect immigrant communities, avoid using state resources for civil immigration enforcement, and comply with federal funding requirements where necessary, citing Medicaid and other programs as examples. They also discussed recent court rulings in Washington that blocked federal grant conditions tied to immigration enforcement and said agencies are being trained to review data privacy and sharing practices. Advocates argued that Keep Washington Working is grounded in anti-commandeering principles and is meant to ensure state resources are used for state purposes, not federal immigration enforcement. They said the law helps immigrant communities trust police, schools, and public services, but warned that data sharing and aggressive federal enforcement are eroding that trust and harming families. The panelists described cases involving alleged unlawful local cooperation with federal immigration authorities, family separation, detention, and due process concerns, and suggested possible improvements such as stronger enforcement mechanisms, a private right of action, and broader limits on data sharing. No votes or formal actions were taken; the committee closed the hearing after members thanked the presenters and invited follow-up on implementation issues and potential legislative changes.
TX

Texas 89th Regular

State Affairs May 19th, 2025

State Affairs

Transcript Highlights:
  • We just need the judicial branch to enforce them for us. Thank you. And thank you, Mr. Saldania.
  • And of course, I'm trying to, I'm on the judicial accountability for qualifications of judges because
Bills: HB46, HB272
Summary: The Senate Committee on State Affairs heard several House bills and took no final votes, leaving each bill pending after testimony. HB 272 would align venue and evidentiary rules for fraudulent use or possession of credit/debit card information with existing credit card abuse law; the sponsor said it would improve prosecutions, and the Texas Financial Crimes Intelligence Center supported it. HB 1661 would increase penalties for certain election-related offenses, including failure to distribute election supplies and early release of election results; no substantive opposition was heard. HB 551 would protect the residential addresses of people who receive campaign expenditures on public Texas Ethics Commission reports, similar to donor privacy protections, and a witness from Texas Eagle Forum later indicated support for the privacy change. The committee also heard HB 2820, which would raise the amount charitable bingo organizations may keep in operating capital from $50,000 to $100,000. The sponsor and a Texans for Charitable Bingo representative said inflation and operating costs have made the current cap too low and that the bill would help charities maintain stable operations without expanding gaming. HB 3181 would impose stronger consequences for repeated denial of court-ordered child possession and access, including limiting probation and requiring attorney’s fees after multiple contempt findings; a family court judge and a parent testified in support, while another witness argued the bill should be paired with stronger criminal enforcement and that parents already face high costs. HB 4157 would update Texas law for commercial spaceflight by recognizing liability waivers and preserving workers’ compensation rights; no one testified against it. The committee also heard HB 4145, which would let health care providers satisfy a timely billing requirement by sending bills to a patient’s legal representative in a personal injury case, closing what supporters described as a loophole in letter-of-protection situations. Finally, HB 46, relating to the Texas Compassionate Use Program, drew the most extensive discussion: supporters said it should expand access for legitimate medical cannabis patients and add more delivery methods and conditions, while opponents warned against broader marijuana expansion and questioned adding chronic pain and other conditions. The sponsor said he still supports the program and wants a balanced, regulated expansion, but noted the bill is still being worked on. All bills were left pending at the close of the hearing.
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-04-16 (2:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • admissions of guilt and cannot be used against the employee in any civil, criminal, administrative, or judicial
  • clarification on the administrative process for Live Local developments: they may not require quasi-judicial
Summary: The Senate opened with a prayer, the Pledge of Allegiance, doctor and guest introductions, and then moved to the special order calendar. Early bills passed included measures on the Florida Trust Code (SB 806/HB 1173), school district reporting requirements and educator misconduct reporting (SB 1374), debt collection email communications (SB 232), service of process updates (SB 576/HB 157), public lodging and food service establishments (SB 606), lien waivers and releases (SB 658), Crime Stoppers public records exemptions (SB 710), health care licensure and foreign-country business interests (SB 768, amended), diabetes management in schools (SB 772/HB 597), platting procedures (SB 784), fentanyl testing in hospitals (SB 1346/HB 1195), third-party reservation platforms (SB 940), electronic landlord-tenant notices (SB 1164/HB 615), leaving the scene of a crash restitution (SB 1378/HB 479), background screening for athletic coaches (SB 1546), surrendered infants and infant safety devices (SB 1690/HB 791), and affordable housing/Live Local Act changes (SB 1730, amended). Several other bills were temporarily postponed, including measures on trespass, higher education, transportation services, the UCC, altered sexual depictions, firearms during emergencies, Brownfields, false reporting, health care billing, motor vehicles, utility services, and others. Most of the debate centered on a few controversial bills. Senators debated the fentanyl testing bill in support of faster detection and life-saving treatment, and the surrendered infants bill drew opposition over safety, anonymity, and liability concerns, though supporters argued baby boxes provide a monitored safe surrender option. The affordable housing bill received an amendment and broad support as a continuation of the Live Local Act, with changes to zoning, parking, height, and litigation procedures. The day’s most contentious measure was the agriculture/consumer services package (SB 700), where senators argued over the bill’s fluoride-related preemption; opponents criticized the policy and process, while the sponsor emphasized broader agriculture, consumer protection, and FFA-related provisions. That bill passed 27-9. Votes on the other major bills were largely bipartisan and often unanimous or near-unanimous, with several bills passing 35-37 yeas and few or no nays. The Senate also adopted a motion to immediately certify all bills passed that day to the House. The session concluded with announcements recognizing visitors, including Taiwan representatives, and remarks about a lantern-lighting observance tied to the 250th anniversary of Paul Revere’s ride, followed by adjournment until the next scheduled meeting.
MN

Minnesota 2025-2026 Regular Session

Elect Committee Meeting - 2025-04-02

Elections Finance and Government Operations

Transcript Highlights:
  • automatically and to correct other changes in agreement with the parties involved without a court or judicial
  • the donations were coming from within the state of Wisconsin to the lady that was running for the judicial
AL
Transcript Highlights:
  • The judicial branch, we have of course the third branch of government, serves an important purpose.
  • We all know there's a couple of the investments that the governor's proposed to benefit our judicial
Keywords: 924, joint, all
FL
Transcript Highlights:
  • Managed to cross all judicial districts.
  • Some judicial circuits work through standing administrative other orders. Others don't.
Keywords: 999, senate, all
AR

Arkansas 2026 1st Special Session

TASK FORCE ON AUTISM Apr 1st, 2026

TASK FORCE ON AUTISM

Transcript Highlights:
  • The graph on the left-hand side of the page is a summary of the statistics I just gave you on the previous
  • In addition, it has the statistic about our completion rate, which is a compilation of the enrolled headcount
  • I would like to highlight our upcoming graduating class's statistics.
  • I would like to highlight our upcoming graduating classes statistics.
  • as well that just kind of illustrate the challenges that this part... ...of these statistics as well
Summary: The committee heard presentations on three Arkansas programs serving students and adults with autism and other developmental disabilities. University of Arkansas representatives described the Empower Program, a non-degree, four-year inclusive postsecondary program for young adults with mild intellectual disabilities, and the Autism Support Program, which provides intensive academic, peer, and career coaching for degree-seeking students with autism. They explained the programs’ person-centered planning, residential and employment supports, fee structure of $5,000 per semester for each program, and scholarship/fundraising efforts to offset costs. Members asked about dorm arrangements, mentoring, individualized plans, and how students move in and out of support services, and the presenters emphasized independence, integrated campus life, and transition planning. Pulaski Technical College staff then presented the 3D program, a three-year transition program in culinary, baking, and hospitality for students with intellectual and developmental disabilities. They outlined integrated classes, internships, job placement outcomes, and data showing strong completion and employment retention rates. Questions focused on how success is measured, tuition and financial aid, and the challenge of securing community partners for practicum and employment sites. The presenters said the program uses rubrics that include technical and professional skills, charges $5,700 per semester, and is pursuing accreditation through the Inclusive Higher Education Accreditation Council. The final presentation was from SLS Community, a Fayetteville nonprofit serving neurodivergent adults through residential supports, supported employment, and community initiatives. Leaders described their vision for a future mixed-use “live-work-play” development at Cato Springs, current residential and vocational services, and community events such as a 5K and a neurodiversity health care conference. Family members testified about the need for adult services, trained direct support professionals, and better reimbursement and behavioral health supports after age 21. No formal votes were taken beyond approving the prior meeting minutes, and members also announced upcoming autism-related events and requested future discussion on task force appointments and ABA-related issues.
AR

Arkansas 2026 Regular Session

ALC-GAME & FISH/STATE POLICE Jan 21st, 2026

ALC-GAME & FISH/STATE POLICE

Transcript Highlights:
  • But I can tell you, after talking to the U.S. attorney yesterday, we had both been told the statistic
  • Harvest statistics that you may read about don't necessarily support the... ...statistics that you may
  • Statistics that you may read about don't necessarily support the comment of a plummeting duck populations
  • And it’s, I know we’ve got this statistics that we do.”
  • “And it’s, I know we’ve got this statistics that we do and this honor system with the HIP and however
Summary: The committee first heard from Arkansas State Police leadership about the agency’s role in federal immigration enforcement. Colonel Mike Hager said State Police has completed 287(g) training for all but 12 officers and is authorized to assist ICE in limited circumstances, but is not an immigration enforcement agency. He emphasized that troopers only make immigration-related notifications after lawful stops or arrests for other offenses, and that the agency uses discretion and chain-of-command approval for any planned operation. Members asked about how immigration status is determined, whether stops are tracked, whether local agencies are participating, and whether there are costs or reimbursement mechanisms; Hager said the agency began tracking encounters in September and had 48 detentions since then, most tied to other criminal violations such as DWIs or domestic violence. He also said there were no current planned immigration operations beyond assisting federal partners. The committee then received an update from Arkansas Game and Fish Commission Director Doug Schoenrock on wildlife management areas, waterfowl habitat, and related infrastructure. He reported that most moist-soil units and green tree reservoirs were flooded or near normal, with one new pump not yet operational and a vandalized Ed Gordon/Point Remove pump back in service since December. He also said the Lake Conway dam and water-control work were progressing, with a public meeting scheduled at Mayflower High School. Questions followed about dock removal notices, maintenance on other water-control structures, and a recent fatal boating accident at Baumito WMA, which Schoenrock described as a high-speed collision in flooded timber and said the agency was working on a safety memorial effort with the victim’s widow. A substantial portion of the meeting focused on duck season, drought conditions, and criticism of the Flyway Federation’s push to restrict hunting over standing corn. Schoenrock said Arkansas remains the nation’s top duck-hunting destination, but drought and warm weather have reduced water availability and caused ducks to move north; he cited survey numbers showing 1.4 million ducks in the state at the end of December but a much lower January count. He argued that standing corn is legal and that federal habitat and water policy, not Arkansas law, drives long-term duck populations. Members raised concerns about changing migration patterns, the role of private clubs, federal regulation, and the possible effects of wind turbines and solar panels on waterfowl; Schoenrock and Commissioner Chris Caldwell said the commission is studying those issues, including a University of Arkansas at Monticello project on avoidance behavior, and that no immediate regulatory changes were announced. The committee took no formal vote and adjourned after the presentations and questions.
FL

Florida 2025 Regular Session

Regulated Industries Mar 4th, 2025

Transcript Highlights:
  • area as mentioned previously that the former Gulf power territory you can see from some of our our statistics
  • But this other statistic would be is the real wow statistic of your presentation.
  • That sort of an amazing statistic, if is that sort of norms like we have all these hurricanes, so your
  • First, I'd like to just share some high-level statistics on Duke Energy Service territory in Florida.
  • You know, here you can see number of damage poles and stuff that are some of the statistics.
Keywords: 999, senate, all
US
Transcript Highlights:
  • That's not just a statistic.
  • We see groups such as NCMEC and NCOSE give statistics over and over.
  • It's not a statistic, it's actual lives lost.
  • Here's another statistic.
  • No, if you just look at the Apple statistics I gave before, at what, 36 million?
Summary: The committee meeting focused on the pressing issues surrounding child safety online, with a particular emphasis on recent legislative efforts aimed at curbing child sexual exploitation and harmful content accessible through social media platforms. Senators engaged in a heated discussion regarding the implications of Big Tech's lobbying efforts against vital bills such as the Stop CSAM Act and the Kids Online Safety Act. Noteworthy testimonies highlighted real-life impacts of online dangers, including tragic cases of child exploitation and drug-related fatalities linked to social media interactions. The bipartisan nature of the committee's commitment to address these issues showcased a collective determination to make the digital environment safer for the younger generation.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-03-19 - 1:00PM

Vermont House Floor Meeting

Transcript Highlights:
  • <00:57:39.640> Analysis directs the Vermont Statistical Analysis directs the Vermont Statistical
  • of Vermont Statistical Analysis Analysis of Vermont Statistical Analysis Analysis Center. Center.
  • <01:04:27.280> Analysis to the Vermont Statistical Analysis to the Vermont Statistical Analysis
  • One other statistic that stands out in this testimony is that, according to Dr.
  • One other statistic 2026.
Keywords: 926, house, all
Summary: The House began with routine business, including referral of Senate Bill 211 on motor vehicle inspections to the Transportation Committee and Senate Bill 298 creating the Vermont Voting Rights Act to the Committee on Government Operations and Military Affairs. The chamber also referred House bills reported by Ways and Means to Appropriations, including H. 211 on data brokers and personal information and H. 931 on miscellaneous education law changes. JRH9, a joint resolution urging the American Speech-Language-Hearing Association to reconsider its opposition to rapid prompting method communication instruction for students with apraxia of speech or autism, was read and referred to Human Services. Several announcements followed, including a welcome to members of the Vermont chapter of the American Physical Therapy Association, a reminder about an education reform meeting, and a correction regarding a prior reference to S. 138 of 2023 and the working group on student protections from harassment and discrimination in schools. The House also recognized guests in the gallery, including Donnie Kanovsky, who was described as a proponent of JRH9. The Speaker announced that H. 606 on firearms procedures, H. 642 on youthful offender proceedings, and later H. 585 would be bumped to later in the calendar. The House then took up H. 537, the right to grow vegetable gardens. The committee explained the bill would protect vegetable gardening in common interest communities and rental housing, while allowing reasonable restrictions and landlord or association oversight; witnesses included a South Burlington resident, HOA and landlord representatives, and legislative counsel. The committee reported an 8-0-0 vote, the House adopted the committee amendment, and ordered third reading. The chamber then passed H. 171 on Attorney General investigations into a law enforcement officer’s use of a firearm and H. 519 allowing Randolph police officers to enroll in Group C of the state retirement system. The House also passed H. 536 on toxic heavy metals in baby food products after extended debate over whether infant formula should be included. Supporters said the bill would help parents make informed choices and noted the amendment was intended to align with federal action; opponents argued formula-specific federal work was still underway and urged waiting. The chamber then passed H. 550 on gender equity in correctional facilities, H. 733 on franchise agreements, H. 775 on housing production tools, H. 887 on crime victim status under the Fair Employment Practices Act, H. 917 on military affairs, and H. 921 on alcoholic beverages. Action on H. 930 addressing chronic absenteeism was postponed one legislative day, and H. 942 on miscellaneous agricultural subjects began second reading with the committee outlining sections on water quality training, non-sewage waste management, and unit pricing.
KY
Transcript Highlights:
  • Want to do statistics?
  • Want to do statistics? Want to do statistics?
  • Um, a statistic that stopped me in my tracks.
  • That's a pretty high statistic." So now we're going to talk about the positive.
  • That's a pretty high statistic. That's a pretty high statistic.
Keywords: 958, all
Summary: The committee first approved the minutes from its September 24 meeting after a motion and second. It then heard a presentation from New Mexico Early Childhood Education and Care Secretary Elizabeth Gragensky on that state’s early childhood system and planned universal child care rollout. She described how New Mexico consolidated multiple prenatal-to-age-five programs into a cabinet-level department, expanded pre-K to a longer day, and uses a cost model to set reimbursement rates intended to cover true provider costs, including wages, benefits, occupancy, food, and reserves. She also said the state created an Early Childhood Trust Fund and secured a constitutional amendment to dedicate 0.60% of the land grant permanent fund to early care and education, with the department’s budget growing from about $400 million in 2021 to just under $1 billion this year. Gragensky said families can begin applying for universal child care on November 1, with participation voluntary for both families and providers. She reported that New Mexico is aiming to expand capacity by adding 1,000 registered home providers, 120 group homes, and about 55 more centers, supported in part by a $13 million low-interest loan fund and a request for an additional $20 million. She said the state has seen growth in early childhood professionals, including a 64% increase over the last three to four years, and pointed to reported outcomes such as a 21% increase in literacy and a 75% kindergarten readiness rate, while noting that some measures are new and baseline comparisons are still being developed. Members asked about the funding sources, provider profitability, workforce development, and measurable outcomes. Gragensky said the program is designed to support provider sustainability through rates tied to true cost and includes allowances for sick leave, vacation, benefits, and reserves. She also said maternal labor force participation is 10% higher than the national rate and attributed that in part to child care access. The committee then moved to a separate presentation by Department for Community Based Services Commissioner Lisa Dennis and Division of Family Support Director Roger McCann on anticipated cuts to TANF and SNAP, beginning with an overview of TANF as a federal block grant with a fixed annual Kentucky allocation of about $180.7 million.
NH

New Hampshire 2025 Regular Session

House Judiciary (04/23/2025)

Transcript Highlights:
  • <00:52:07.440> is<00:52:07.839> even of abortion statistics is even of abortion statistics
  • I asked the representative from the attorney general to provide me the statistics since he made the same
  • <01:06:27.599> uh general to provide me the statistics uh general to provide me the statistics
  • Same statistics,<01:22:23.199> everyone. statistics, everyone. statistics, everyone.
  • <02:05:01.760> Most feel I don't have statistics. Most feel I don't have statistics.
Keywords: 928, house, all
Summary: The Judiciary Committee first took up Senate Bill 268, a bill related to biological sex and related classifications. Members opposing the bill argued it was unnecessary, poorly drafted, and a personal attack on a small group of people, while supporters said it was needed to protect girls and women and to avoid repeated floor debate on a measure they viewed as proper. Several members also discussed the bill’s definition of biological sex, the lack of guidance on what information could be required to make determinations, and concerns about unintended consequences. The committee voted on a motion to retain the bill and approved it by a 10-8 roll call vote, with the bill retained. The committee then moved to Senate Bill 189, described by supporters as a housekeeping measure requested by the Secretary of State and the Department of Health and Human Services concerning fetal death records. Supporters said the bill was narrow, time-sensitive, and ready to pass, while opponents argued it needed further work and that the committee should not use retention to reopen the bill for broader changes. Some members said they wanted to add or explore additional provisions related to fetal death reporting, while others objected that such changes were outside the bill’s scope and poor procedure. After debate, the committee voted to retain Senate Bill 189 as well.
NH

New Hampshire 2025 Regular Session

House Ways and Means (01/14/2025)

Transcript Highlights:
  • sense is something that statistical sense is something that happens<00:24:47.399> like<00:24:
  • So there's a lot of statistics that goes into determining what an imputed rent might be, to rent that
  • So there's a kind of a lot of calculation that happens at the Bureau of Labor Statistics. Yes, sir.
  • <00:30:35.440> that so so there's a lot of Statistics that so so there's a lot of Statistics
  • yes sir so the the of Labor Statistics yes sir so the the red<00:30:49.080> line<00:30:49.360
Keywords: 928, house, all
Summary: The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market. Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded. The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.