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FEDERALhearing transcript

Hearing on U.S. Leadership in the Global Economy

Original title: STRENGTHENING U.S. LEADERSHIP IN A TURBULENT GLOBAL ECONOMY

January 1, 2016

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The Frame

What this does

The hearing serves as a formal record of Congressional oversight into how the U.S. government manages international economic relations and responds to global financial volatility.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Department of the Treasury

The agency provided testimony and written responses to Congressional inquiries regarding international economic policy.

House Subcommittee on Monetary Policy and Trade

The subcommittee conducted the hearing to exercise oversight of international economic policy.

What changed

Last recorded activity January 1, 2016.

What's next

Next step not available in the current record.

Summary

This document is a transcript of a 2015 House hearing regarding U.S. economic strategy amidst global market instability. The hearing featured testimony from the U.S. Department of the Treasury regarding international economic conditions.

Key Facts

  • The hearing was held on September 17, 2015, by the Subcommittee on Monetary Policy and Trade.
  • The hearing focused on U.S. economic leadership in the context of global economic turbulence.
  • Nathan Sheets, Under Secretary for International Affairs at the U.S. Treasury, provided testimony.
  • The committee discussed China's economic growth, noting a shift from over 10% annual GDP growth to less than 8% in recent years.
  • The hearing included a formal record of written responses to questions submitted by Representatives Huizenga, Guinta, and Murphy.
  • The subcommittee is part of the House Committee on Financial Services.

Frequently Asked Questions

What was the purpose of this hearing?
The hearing was held to discuss U.S. leadership and strategy in response to a turbulent global economy.
Who testified at this hearing?
Nathan Sheets, the Under Secretary for International Affairs at the U.S. Department of the Treasury, was the primary witness.

Why It Matters

The hearing serves as a formal record of Congressional oversight into how the U.S. government manages international economic relations and responds to global financial volatility.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

temporal pattern90% confidence

Historical Economic Context

The hearing captures a specific moment in 2015 when the U.S. government was actively monitoring China's transition to slower economic growth.

Connected Entities

personBill HuizengaChairman of the Subcommittee on Monetary Policy and TradeMap →
personNathan SheetsUnder Secretary for International Affairs at the U.S. Department of the TreasuryMap →
organizationSubcommittee on Monetary Policy and TradeSubcommittee of the House Committee on Financial ServicesMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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