n. beuse the federal reserve h a special ro. it's the only instition that, first of all, isindependent and has continuity, it's ofessional, it's involved in regulation and it's got money, which body else has, you know, to go running to congress wn there's anmergency. >> ros that's why it can do the things it did. >> that's why it can the things it di >> rose:ow didit come to want to put it somewhere rathethan the federal reserve? what argument, what reasoning led them to come to a difrent conclusion? >> i can't tell u all that but at they did was in this... whatever they call it, teal 1 or something, these group of banks and n-banks, they said they will be survised in detail by the federareserve. so they gave t federal reserve... don't know if it's a bigger or smalle respsibility, but a big responbility for the detailed day to day supervision as i understand it of a mture of banks an non-banks. and i... first of all, i don't want the n-banksupervised that closely. but i think in the distrution of authoriti among regulatory insti

government keeps building settlements on occupied land and will n discuss the future of jerusalem or paltinian refugees. well, as a sign o symbolis it beuseowerful and ratcheted up the power of iran ove its nuclear program. esident obama in the chair for the firstime, the u.n. curity council has animously approved a resolution aimed at stemming the spread of nucle wpons, reducing the risk of nuclear terrorism. jeremy bowen reports from the u.n. >> this is about fixing a goal, they were voting for a hope, a distant aspiraon but the symbolism was strong. the world's most pwerful states in agreemen and an american president ithe chair athe security council for the first time. >> the historic resolution we just adopted enshrines our shared commitment to the goal of a worl without nlear weons. and it brings security council agreemt on a broad framework forction to reduce nuclear dangers as we work toward that goal. >> critics of nuclear armssay ey could start living up to their ligations to reduce their n arsenals. but the security uncil they were worrying aboutran getting the bomb. >> today i beeve we have to draw a linein the sand. iran must

. >> they're n doing buy-backs, they're not doindividends, cap expenditures a down, hiring is most nonexistent. >> paul: and that's beuse s&p 500 companies are siing on almost $800 billion in cas coming up, what th're doing with a that money. suzanne: raspberries for th mar of the popular blackberry smart phone,s research in motion'satest results dippoint. toght's "stocks in the news" looks at just hobadly the shares are doingn after-hours tring. i'm paulangas. suzanne: and i'm suzanne pratt. susie gharibs on assignment. this is "nightlyusiness report" for thursday, seember 24. "nightly busins report" isade possible by: this program imade possie by contribions to your pbs station from vwers like you. thank you. captioningponsored by wpbt >> suzanne: good evening everyone. thgroup of 20 begins its two- dameeting in pittsburgh tonight with a search focommon ground and questions about h much they'll actlly get done. the leaders of germany and france continue call for ugher regulation of the financial industry. prident obama, who is hosting thgathering, is expected to push for a re-lancing of the global economy. joining us

senator klobuchar mentioned that 1.6 to 1.8 million n visitors will come to the united ates beuse of this legislation. that creates a lot of jobs. that brings a lot of revenue. that also creates a lot more people that have vfted her who will -- that have visited here who will go back andalk positively aut the united states because the vast majority of our people -- i believe in the country, i believe in the good informs our country. when they are exposed to that i believe they will go home and talk about the goodness of not only our country but the goodness of theeople here in the united states. so, mr. president, this -- mr. dorga will the senator yield for a questio mr. ensign: i would be happy to yield. mr. dorgan: mr. president, i should also mention tha senator reid along wit senator ensign has played a significant role on working on ts legislation. that's important to mention. obviously both come from a state that relies a great deal on tourism. i don't. my state -- tourism is second in our state. it's -- it plays vea large role in every state but we don'tave the mecca of touri