thtorn genal fes a dnesy deline t aswer qutionfromhe juciar commtee and t torn genel meingwithedia edits nig talng abou agey rgetg of repoers. thettory geral presdegrutid not apolize r snpingn a ndre aociad pre repoers and ar on jame risen. holder claimsf commit to change the guidelines for ending leaks a backing the media shield law although the first amendment is the alternate media shield law and the i.r.a. scaal tonight lightg and foxas confirmed theeirs has tol a use g.o.p. investitors theye looking at 88 employees who may have documents relevant to do that targeting investigation. also a report by the irs taxpayer advocate service finds that adoptive pares weremproperly targeted in 2012. 90% of taxpayers who claim the adoption tax credit were flagged for further review a 70% going through least a partial auditf their returns. the president promised to hold people accountable but our fox affiliateeports the man who designed many of the intimidating lette was actually promoted. former tax-exempt organizations specialist specialist, bumped up to a supervisor irs agent meanwhile deal o

we begin with the attorney genal.der appearing before the senate appropriations subcommittee where he acknowledged mistakes have been made. he claimed the justice department will not prosecute reporters for doing theirobs so long as he is t top law enforcement official in the nation. he did not mention the constitutn. house chairman bob goodlock is trying t decide whether he lied to the committee. calling to testimony once again and that appearance is now slated for june 18. meanwhile, lawakers from both parties are blags tinge the irs for wt ovsight committee chrman calls maliciously indid you live jentd overspending. inw the irs blew $50 million of taxpayer money on lavish conferences between 2010 and 2012. one california based conference priced at $4 million by itself. the head of the irs division that staged the conference offed nothing more than a nervous apology for the gross misuse of taxpayer money including his role in the creation of the ridiculous star trek video on your scrn. that i also mr. ferris at the

commtee leadership, cimhat sweeping collectn of data disrupted a 2009 pt targeting new york city subway, genal alex angealexander conceding tok leahy that is not the case. >> it started with a 702, set of information based on operaves to a person in colorado.ions in that was passed to the fbi. >> reporter: a senior democrat complained about the nsa's application of patriot act, section 215, so-called records provision. >> i quarrel with collecting all of the information in california on telephone records that seems to be overly broad. >> i saw an interview in which mr. owden claimed due to his position at nas, he could tap into virally any american's phone call, or e-mls. true or false? >> i know of no way to do that. >> repter: while alexander said that -- must be cleared by a national security court, senator said of it not enough given pervasive environment of mistrust. >> the american public is fearful that in this massive amount of data you get, that there is the ability of federal government to since these that data -- since tha that date is n something more. >> reporr: i heard today from

much more on the off the record meeting with the attorney genal and the political fallout on tonight's broadcast. a controversial new report showing working moms ar increasingly the primary brbreadwinner. that is a great trend for some working moms but not all. nor r men. the facts in tonight's "chalk talk." may finally kicked in and today the stocks wrapped up e months to the upside and charles a schwab lo a market sell-off in the and the dow was down 209 points and and stack of 24 in volume of the big board almost 4 billion shares despite sharp losses markets posting gains for the month ana good gains. the dow and s&p up 2% the nasdaq up 4% and with economic news consumer confidence hitting the highest level in nearly six years but consumer spending fell zero-point to% in aril the first decline ithe year. gold prices are down falling $19 at 13. is down over 5% and crude oil down $1.64 just below $92. in the bond market the yield rises at 2.1% in the highest level since april of last year. the outlook for medicare boosted with the new report from medicare trustees saying the program w

lou: we have learned genal keith alexander director of the nsa will greet the senate intelligence comeanive committee a 230 eastern. turning to wall street stocks shrugged of the upgrade fishing the day flat in joining us with his tlook this john matthews the c of caor fitzgerald. nd very well and you are in challenging times. let's get to the upgrade how significant is it brad. >> virtually iignificant if you look at the marketplace there really wa not an issue wre an interesting times people a more concerned about wre the market is headed headed, volatility and certainly from the investor's standpoint it is treacherous right now if. >> ever i turnomebodyas talking about the mark corrtion. the week was ung but then we had a 200 point* pop wha we havin the equities market? >> it is on good footing from the relativealue basis to put their money somewhere. they're always looking at a time to have the dip and equityand you're starting to see that play out every day so from the relative value basis that equimark it isn good shape and. lou: i thought when tenneco said stocks were dead i that

word is attorney genal joins us wh what her state is doing coming up. ♪ rri: the storm season is in fullthe con artists are coming out. wh to do if someone tries to ♪ gerri: hurricane season is here. as you prepare your home,ou should also be on the loout for those trying to profit off you. price dodgers are already taking advantage of storm victims in oklahoma. one kershaw start charging customers $40 for a single case of water. if the soda attorney general joins me now with details. he say it starts even before the storm. what you call prejudging. tell us about that. >> absolutely. you know, i just talked today. a 70% probability that we will have 13-20 named storms and 11 of those will be hurricanes. people are worried. they are selling people window for their windows. that is not approved by the building association. in 2011 we have a oblem with people selling shutters, hurricane shutters. the frightening thing is folks stay in the home based upon that. we received over $700,000 in restitution in 2011 and to that -- 200 victims. w people need to check anything out before they b buy t

the problem we have is that the government is gathering information ung what is essentially a genal warrantwas outlawed by the constitution. they're going after people, not -n the basis of any suspicion, not on the basis of a probable cause, but just because they're people, just because the information is useful to t government. th is what our founders expressly prohibited with the constitution. hn: it is useful to need to if it keeps me from being blown up by a terrorist. the fact that they are just standing everybody in some ways makes it seem like less of an invasion of privacy. >> well, theeason the founders believed it s wrong is because we did not want the government collecting this kind of affirmation. that put the constitution i place to prevent the government om injecting itself into our personal affairs. and you can't do away with a lot of the constitution and argue that maybe that makes us safer. you could also do away with t first amendment, second amendment, third amendment, fifth, sixth, seventh. john: i don't want to do that. >> well, someone could argue and say, look, now th

is reaching ut to the press by the attorney genal, if therwere ever a clearer act of desperation, what could it be? >> well, it's hard to find one, right? so far he's offer his quote remorse and now he's offering face time to reporters to try to put out his side of the story. it's a little late for that. this attorney general is really to his eyeballs in a ole range of scandals. his answers have not been forthcoming. there's no truth telling going on so what he hopes to accolish by meeting with these -pbureau chiefs is something le open. >> as we reported,chris, this -- the attorney general straight out said that he was not involved in anything that woulde a potential prosecution. this could be a more outright misrepresentation of the reality by any imagination, could there? >> well, unfortunately for the attorney general, this is one of those situations where the only defense ends up being one of incompetence or neglect, where you are able to say well, i didn't readt or i didn't know, i signe it but i asn't are. those are the kinds of statements that you have to make this case to avoi