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Enzi Responds to Constituent Questions on Unemployment Insurance, Fed Chair Janet Yellen

Press Release

Location: Unknown

Unemployment insurance along with the nomination of Janet Yellen and auditing the Federal Reserve were the subjects of a new video U.S. Senator Mike Enzi, R-Wyo., recorded this week. The video addresses a few questions and comments Wyoming constituents sent him during the past couple weeks through Facebook and Twitter, from phone calls to his D.C. and Wyoming offices, and from email and written letters.

Unemployment Insurance

"A lot of these things can be solved, but not the way that we're operating as a Senate right now. Harry Reid gets to call up any bill, he's called up unemployment insurance, then he shut off all debate, he shut off all amendments.

"There's several amendments that would really make a difference and pay for the extension of unemployment benefits…One way that would be paid for is if people were limited to only one kind of subsidy. Right now they might be able to have an unemployment subsidy, a disability subsidy, and a subsidy for their job having been shipped overseas. They would have to pick one, and that would save enough to pay for the bill.

"There are ways of solving it so that there isn't an increased debt for the United States, and wouldn't have to borrow money from other countries in order to solve."

Janet Yellen and auditing the Federal Reserve

"I voted against Janet Yellen's nomination.

"The main thing I've been trying to push for is an audit of the Federal Reserve…The argument against having an audit of the Federal Reserve is they say that if the American people knew how it worked and what the debts were, that the economy might collapse. I've always found that transparency works, and that there ought to be transparency with government agencies.

"We ought to know exactly how the Federal Reserve operates. I've also questioned Janet Yellen and others about what they're going to do as inflation sets in and they've assured me that they will take care of it, but they have not been able to tell me how they will take care of it. Interest rates are going up."

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