Related Issues on Economy
As Chair of the Joint Economic Committee, I will continue to aggressively push to address the serious economic crisis our country faces. The Committee will focus on the economic crisis and recession as they unfold, and will be actively involved with crafting our path to recovery.
The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy. As Chair, I am committed to providing an accurate and up to date picture of our economy by holding hearings and releasing reports that review crucial aspects of our nation’s economic policy. Each week, the JEC’s staff prepares the Weekly Economic Digest. The Digest tracks and analyzes the trends of key economic indicators, such as employment, productivity, inflation, retail sales, housing starts, and the financial markets. Members of Congress and others find the digest useful as a quick reference for recent statistics on the economy.
02/12/97 - H.RES.92, Expressing the sense of the House of Representatives that the Bureau of Labor Statistics alone should make any adjustments, if any are needed, to the methodology used to determine the Consumer Price Index [105th Congress]
More on Economy
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) has been reappointed by Democratic Leader Nancy Pelosi to serve as the Senior House Democrat on the Joint Economic Committee. The committee is tasked with reporting on the current condition of the economy and making suggestions to improve the economy. Maloney served as Chair of the Joint Economic Committee for the 111th Congress from January 2009 to January 2011 when Democrats held the majority.
WASHINGTON- Congresswoman Carolyn B. Maloney (D-NY), the Ranking House Member of the Joint Economic Committee, today released the following statement on the Department of Labor Jobs report, which indicates a 55th consecutive month of private sector job growth. The economy added 248,000 jobs and the unemployment rate dropped to 5.9 percent.
WASHINGTON — Congresswoman Carolyn B. Maloney (D-NY) today introduced new legislation, the Preserving Multifamily Housing Act of 2014, to prohibit the Federal Housing Finance Agency (FHFA) or other regulator from setting arbitrary limitations on the volume or scope of multifamily housing mortgages backed by Government Sponsored Enterprises (GSE) like Fannie Mae and Freddie Mac. Maloney says previous attempts by FHFA to limit multifamily housing would have limited the availability and affordability of apartments.
WASHINGTON – Congresswoman Carolyn Maloney (D-NY), the Ranking House Democrat on the Joint Economic Committee, today led an hour of floor debate in opposition to the Republican budget plan proposed by House Budget Committee Chairman Paul Ryan (R-WI). Maloney and her colleagues drew contrast between the Democratic and Republican budget proposals.
WASHINGTON – Rep. Carolyn Maloney (D-NY) released the following statement today after the House voted to raise the debt ceiling.
“The economy could not have tolerated another self-inflicted wound. A clean debt ceiling bill is what was needed, and I’m pleased that the majority allowed it to move forward. The world should never have to wonder if America is going to make good on its financial obligations. Advancing this legislation will provide certainty to the markets and assist in restoring what credibility was lost as a result of past debt ceiling fights.”
WASHINGTON – Rep. Carolyn B. Maloney (D-NY), Ranking House Member of the Joint Economic Committee, issued the following statement on the December Employment Report.
“After 46 consecutive months of private sector job growth and 8.2 million jobs created during that time, the unemployment rate is now at its lowest point since October 2008. We’ve come a long way, but we still have a long way to go.