well, senator sherrod brown and i sat down yesterday in washington, d.c.s one of the most progressive senators in the country. he's now joining up with david bitter one of the most conservative senators, a republican from louisiana going after big banks going after too big to fail. >> how in the world did you get senator david vitter on board. >> people across the political spectrum understand the size of these banks gives them the advantage in the market rates lower interest rates and they're able to do things that are anti-competitive because of their size. these are banks that go from $600 billion in assets to $2.4 trillion. i think vitter can speak for himself, but he is--he sees the damage it does to our economy let alone if something happens and these banks fail. any one of these banks fails. what it does to the economy. >> what percentage of the republican party do you think they can bring onto this m. >> we're talking about ten senator republicans who are interested in a variety of different ways of doing this, but when i have had this amendment th

he's been working with democratic senator sherrod brown on a bill to make sure the taxpayers never haveil out the big banks again. that too big to fail issue. we'll get to that in a moment. first you just heard eamon's report on the too big to jail issue in washington. what's your reaction to that? >> i think it's yet another aspect of too big to fail. more evidence that this is, indeed, a continuing problem. and we need to do something to solve it. i think dodd-frank has obviously not solved it. i think it has made it worse because they give advantages. >> do you just want to boost the capital that banks have? or do you want to break these banks up? when you look at the legislation you have been working on, you're requiring banks to hold much more higher capital levels. we all know there are unintended consequences. even the fdic would say the banking capital is at or near record levels. if this is going to hamper the banks' abilities to lend to small businesses, how is that a good idea? >> well, the specific idea that sherrod brown and i are working on is somewhat higher capital requi

corporation from a fraud lawsuit and gave away billions of dollars in potential legal claims senator sherrod brown told the new york times that this case underscores that the more we learn about these bailouts gifts and advantages that wall street gets the clearer it becomes one set of rules applies to the largest mega banks and another applies to the smaller financial institutions and the rest of the country yep i think that pretty much sums up the two tiered justice system but the fight against unfair financial policy in america continues as more and more lawsuits are springing out against the mega banks to help me break down the concept of the too big to fail and i'm talking about markets finance and scandal i'm joined now by a max kaiser host of the kaiser report thanks so much for coming on again max i have a great to be here so why is this country indentured servants to the banks this is the way it is now that every time a bank has problems we're going to keep bailing them out. well let's put this into context it's just been revealed that during that period of two thousand and nine to two th

sam bennett and horace cooper let's get back to it breaking up the big banks is now bipartisan sherrod brown but as progressive as you can get on the democratic side david vitter about as conservative as you can get on the republican side are teaming up to work on breaking up the big banks the six largest banks the united states have combined assets equal to sixty five percent of the g.d.p. of the united states two tenths of one percent of all the banks in america which is basically five banks control seventy percent of all banking assets is this not you know the essence of the kind of an op of the stuff that you know both republicans and democrats have fought against from teddy roosevelt to the day since the gilded age horace absolutely not i think this is a terrible idea and i think it's going to have serious consequences for investors as well as people on the bottom end of the table having a good wells fargo bank of america and elderly wise and everybody and you end up with want to take away too big to fail and monopoly that's what's going on here. so how domino effect on them is we're go

senator sherrod brown opposed doma back in 1996 when it was first passed, and he managed to seep hist in the house and go on to senate twice. that's courage. joining me now is aisha moodie mills of the center for american progress progress. she come us to from washington, d.c., where this is all happening. thank for being here aisha. >> glad to be here. thanks for having me. >> michael: how has doma impacted gay couples since it went into effect? >> well, essentially when you get mare thinked are over 11 hundred benefits of marriage which is one of the reasons why folks get married in the united states, and with gay couples we are denied all of those. so being able to pass on our estate to be able to pass on our property when we pass away to our partner, to being able to adopt, co-adopt children together, file our taxes together, and benefit from the tax benefits that come along with being married we're treated completely unfairly and quite frankly given a burden because we're married. >> michael: how insulting is this argument on the other side about it hurting straight marriage. th

sherrod brown, the ohio democrat, and sort of an un unabashed liberal.ncerned about some of the tie to wall street. she worked at a firm in which she represented a lot of wall street clients. he's concerned these will correct conflicts of interest and have her recused in cases. it's a five-member commission. right now there will be three democrats and two republicans. if mary jo white had to recuse herself, it changes the power a little bit. that's their concern. tom coburn and forgive me if i get the quote wrong but it was something close to the more i learn about you the more i like you. he promised to aggressively support her nomination. >> michael: he was fawning over everyone on cap pal hill. before we let you go patrick i want to talk about elizabeth warren. how much of an impact is senator ratherwarren having just two months in her tenure. >> so far she has had success bringing attention to issues that she cares about. she went off on banking regulators and demanded answers. she went to the ted cruz style of questioning where she drilled again and

sherrod brown is working with david bitter and chuck grassley as well to try to break up the big banks. there is encouraging news there. i asked senator brown now that you're working with the republicans, do you ever go out. >> do you ever go bowling together? does that happen anymore? >> we travel together. there's some discussions together. there's some occasional meals together. it's not enough. part of it is we see the world very differently. cenk: i wanted to end the show on kind of a fun note ear and talk about whether you're a democratic, should you hang out with republicans should you go bowling with them. ok so i brought in the panel be jacki sheckner is back, casper the friendly host, anna kasparian, jayary jackson the reverend is here, as well. anna, would you date a republican? >> no, i wouldn't. cenk: flat out. >> no, i wouldn't date a republican. i care about politics too much. we would always be arguing and i would have high blood pressure. i'd fool around with a republican. cenk: very interesting. >> carlmala, would you date a republican? even if you're a democratic, bu

>> cenk: all right, if you want to watch the whole sherrod brown interview i had with the progressive senator from ohio, go to youtube.com/text yt interviews. "viewpoint" is next. stay right here. >> john: rand paul completes his efic 13 hour drone attack filibuster and promises to go back to being the socially backwards ayn rand acolyte liberals love to hate. the department has promised to look into drones that drop ayn rand novels from the sky. arkansas republicans have struck a blow against abortion, the most restrictive law in all of america. if they can just get rid of reading, they'll have the perfect state at least women still have the right to leave arkansas. >> barack obama takes a group of republican senators out for a fancy dinner. sean hannity demands to know why this president so obviously hates lunch. today is the birthday of bryan cranston comedian wanda sykes and the late great singer-songwriter townes van zandt. on this date, u.s.a. for africa's "we are the world" was released to the world bringing people of all nations all races and creeds together say in unison, why

. >> there is this bipartisan bill, from senators david vitter, a louisiana rather, and sherrod browng banks. the measure has changed from bill to bill, i haven't looked at them recently. but do you think we have the ability to do that without actually roiling the big banks, it is better than what we have now? >> yes, i think banks can be broken up, it is not something we have a lot of experience doing. and so you would get a lot of wailing and nashing of teeth from wall street. but if you have the will, they are half doing it in the uk with this thing called vickers, where they're basically telling the banks to break themselves in half and run themselves as two corporations, citybank broke itself in half, banks do this all the time. we could force them to do this. >> felix and eliot spitzer, i would love to keep talking about it. thank you for joining us. >>> the first for the united nations is simply admitting they do have a problem. and they do have a problem. coming up. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you

sam bennett and horace cooper let's get back to it breaking up the big banks is now bipartisan sherrod brown but as progressive as you can get on the democratic side david vitter about as conservative as you can get on the republican side are teaming up to work on breaking up the big banks the six largest banks the united states have combined assets equal to sixty five percent of the g.d.p. of the united states two tenths of one percent of all the banks in america which is basically five banks control seventy percent of all banking assets is this not you know the absence of the kind of an op leaves stuff that you know both republicans and democrats have fought against from teddy roosevelt to the day since the gilded age horace absolutely not i think this is a terrible idea and i think it's going to have serious consequences for investors as well as people on the bottom end of the table how to get wells fargo bank of america and elderly wise and everybody that you end up with want to take away too big to fail and the monopoly that's what's going on here might not know how i'm going to eat any

you had an event with sheila bair and senator sherrod brown. what came out of that?l here? >> well, a consensus across political lines, which is always a good thing, and a very, very, i think, helpful discussion about the road ahead on too big to fail. so if you stop to imagine, we need a healthy financial sector in order to get capital. the seed corn of our existence to the innovators and the entrepreneurs of tomorrow. and with six institutions that combined equal about 64%, 65% of our gdp, we have institutions in our banking sector that are, in fact, too big to fail. and because of that, they get a discounted access to capital because they are deemed too big to fail. so a couple of notches up on credit rating which means they have an advantage over our local community banks. and that's unfair. so the subsidy equals tens of billions of dollars to some of these banks, the taxpayers are standing behind it. we've been through too big to fail. let's not set ourselves up for disaster. let's figure out how to fix the situation and move on so that we do have, in fact, a he