other hand, i think this is an issue where clarity is helpful, so now the supreme court is giving us some clarity, but it's clearly also an incredibly emotional and personal issue for some people. my own view is the states ought to vote on this, vote on marriage, but the supreme court has spoken in terms of benefits. so let's move on. >> a big conversation among women in corporate america and women at work is sort of this lean-in conversation. cheryl sandburg, she's not even 40 yet, she's run ning a fortun 20 company. before there was these women, there was you. you're a very big role model. they probably wouldn't be where they are if it weren't for women like carly fiorina who are blazing the trail for them. i'm wondering if you think women now are maybe going to decide they can start their families earlier, right, they can get married earlier, because it's not going to hold them back from a career, because they're seeing families play out on the corporate stage. >> i certainly hope that's the case. i hope that young women coming up say, you know what, i'm in charge of my own life and i'm going

, i think this is an issue that, where clarity is helpful, so now the supreme court has given us some clarity it's clearly also an incredibly emotional and personal for so many people. my own view is the states ought to vote on this, vote on marriage but the supreme court has spoken in terms of benefits, so let's move on. >> big conversation among women in corporate america and women at work is sort of this lean-in conversation. marissa mayer is very young, not even 40 yet. before these women were leaning in, there was you, the first ceo of a company, you're my generation. they wouldn't be where they are if it weren't for women like car carly fiorina blazing the trail for them. i'm wondering if you think these generation y women think they can start families earlier, get married earlier because it won't hold them back from a career because they're seeing families play out on the corporate stage. >>> certainly hope that's the case. i hope that young women coming up say, you know what, i'm in charge of my own life and i will make my own choices how to balance these things. i think it's still tr

the people that on the commission can say i asked do you want to come down and give us some ideas >> just the clarity i'm sorry to interrupt you but when the talked with south coast did they recommend the whole plays or just pieces of it. >> well, they said we can do this and that. >> did they take a sound test? >> yes. >> and the recommendation to you was to do what? >> they said this would solve the problem and i told them it has to be airtight. >> well sound tight. >> i've been working with several plays that happen to have the same problem. and seems like the ones who spend the money don't have to come back and talk to us time after time. there's also those who go to the neighborhoods meetings. and from what i see it's not just in february, march, april it, it's two years of complaints. and then to see from your organization something like this that it's insulting the neighbors it's hard for me to believe you're listening to their concerns >> i think i have been more than serious i've offered to come in and do sound tests. i don't want to turn my building into residential i do like the music busi

us some metrics. tracy: yeah. >> for every .1 of a percentage point decline unemployment rate cut back by 15 billion. ashley: at least that would give us something, some clarityat would be interesting. >> as you said, tracy, in the beginning, dennis lockhart also left the door open to possibly increasing purchases. ashley: yes. >> under two conditions. one, deflation, because the fed doesn't want to see deflation. ashley: yeah. >> and two, an economic shock that might help cause a recession. so, he wants, he wants to leave it on the table. tracy: on that notion having little markers. then the market will say, okay, employment fell this that means we're cutting back this, we get it. won't be quite a shock. >> rules-based, policy making. ashley: don't count on it. way too clear. tracy: my utopian world. thank you. good to see you. ashley: peter, good to see you. >>. >> thanks. ashley: does today's weak economic data mean good news for the market? seems that way. does it cool off the tapering talk? joining us john kenneally. john, peter is here talking with dennis lockhart. what is your thoughts on the fed and their efforts to perhaps taper on the bond purchasin

speaker, let us restore, then, some commonsense and some clarity to the rule making process and actually bring some additional transparency. let's not play into the narrative that the rest of the country has of a dysfunctional washington. let us ensure that our regulatory agencies are working together and let us pass this legislation. i yield back. the speaker pro tempore: the gentleman from texas reserves. the gentlewoman from california is recognized. >> annapolis -- ms. waters: unanimous consent to enter into the record three letters about the bill, one from the office of management and budget, americans for financial reforms and american federation of labor and congress of industrial organizations. i yield to the gentlelady from new york two minutes. the speaker pro tempore: without objection, ordered. the gentlelady from new york is ecognized for two minutes. mrs. maloney: i thank the gentlelady for yielding and for her leadership. rye is in opposition to h.r. 1256, the swap jurisdiction certainty act. i oppose this bill as does the obama administration because it would fundamentall

let me see if we can lend some clarity to the issue. dana bash with usrofessor, george washington university. dana, beginning with you. news of the government's snooping program started trickling out last night. today we learned it has been going on for seven years. congress knows all about it. what are they saying up there today? >> that's right. it's not news to them at all. many people here who have known about it are not happy that it leaked out because this is something that those who have been briefed insist, as you mentioned about the house intelligence chairman, that it is very helpful. in fact, listen to what this bipartisan team, the democratic chair woman and the ranking republican on the senate intelligence committee said about this. >> this is just meta data. there is no content involved. in other words, no content of a communication. >> all of these numbers are basically ferreted out by computer, but if there's a number that matches a terrorist number that has been dialed by a u.s. number or dialed from a terrorist to a u.s. number, then th

some of the uncertainty. i also think that he would try to repeat tapering and the speed of it it will be data dependent. >> fmoc won't give us the degree of clarityget is some adjustment for the fed's own forecast for gdp this year and next year both of which we think are too high and a fresh look at their unemployment forecast. and that we think should provide some uplift. >> their inflation forecasts for levels which they have previously described as sub optimal should offer markets some reassurance that as much as bernanke will stress tapering probably is going to happen, it's a matter of when and he won't pre-judge his options. it's not something which means immediately the interest rates will rise. >> that's the thoughts on the fed. ahead of that, futures right now suggesting u.s. markets will open a little bit higher. a long way to go of course. right now the dow around about 25 points above fair value. the s&p at the moment about 3 1/2 points above fair value. earlier we asked you is paying for your weight fair. if airlines charged the heavy weight, does that mean i should get a discount for being lighter. a fair point. that's it for "worl

if anything, it shows us we've got to get some real standards some real clarity on how this should moveward. >> bill: what evidence is there that the white house was involved in this? >> there's no evidence. no matter what darrell issa says, he himself can't produce any evidence. there's just no evidence. and the guy who is believed to be the first one to pick out a tea party group and bring it to his supervisor did so because he thought it was a high priority case in the sense of it might set precedent for how they treat groups in general moving forward and that manager who is a conservative republican, that's how he described himself sent it to washington and said we need clarity so we can treat these cases consistently. >> bill: washington. >> that's right. the i.r.s. technical office in washington. >> bill: igor volsky here, managing editor on top of it all. thinkprogress.org. we're the "full court press." and we'll continue our conversation and welcome you to join us. your comments on the zimmerman case. your comments on edward snowden and the i.r.s. 1-866-55-press. >> announcer: t

this fact pattern begins, her title didn't change and there's some lack of clarity in terms of her ongoing -- >> is the concern that many of us have. >> we are looking into the question. >> the irs is enforcement arm for the aca, have guidelines been promulgated for the enforcement of the employer mandate in the irs? >> not at this time but i think the schedule is this summer if i understand your question correctly. >> and oppose have to comply with this beginning in this fall, in january when. have rules been promulgated? [talking over each other] >> have rules been promulgated on part-time full-time employee distinction? >> i don't know that i can -- >> have rules been promulgated on the chip is between seasonal workers are part-time workers? >> i will give the full schedule of our aca rules. i don't have them at my fingertip. >> there's a huge lack of trust at the irs and have the irs now as the enforcement arm over the afford will care act is extremely concerning for those of us on the spam and our constituents. i would urge you, urge you to get this information to individuals who will have to comply of all of the rules t

you clarify in your book because it made a lot of news and some of the way you were interpreted did not come to fruition. give us the clarityipal market. >> sure. my interest in all of this has always been where is -- how is the u.s. going to recover? and it's so great it's so resilient. get deeper and deeper into these state issues and realize there are a lot of different factors going on. municipal bonds being one, pensions being another. so many issues. so my focus was never really -- has never been on municipal bonds, all of this plays into it, and very much, i'm still committed on all this. and it's playing out. >> she called it. >> she also called housing in 2005. >> and for that reason, i'm going to let my daughter wear blue nail polish because meredith whitney does. and i googled our mean girl, can't find her. just saying, except there is this arrest record thing. the new geography of american prosperity, meredith whitney, thank you very much. come back soon. it was great to have you on. >>> on tomorrow's show, tennis champion monica sellus will be among our guests. i am an american success story. i'm a teacher. i'm

some who have vandalized the shops. we've asked the people to be restrained. can you give us a little bit more clarity. do you know anything more about is there, you know, a group who are more sort of troublemakers and jumping on this or is that just a government excuse? >> i think it's fair to say we've seen evidence of people prepared to fight the police. some of those groups were bearing the fight of kurdish or lennonist parties or if they're bearing those flags as an alibi. they were prepared to fight the police. is that a consequence of 12 days of back and forth or are they people normally looking for a fight? we don't know. i think it's fair to surmise here that a lot of the police response is directed towards the mass, not towards those few. i've seen crowd control and riots handled by many different police forces. the more professional ones, they estimate the troublemakers and whisk them away so they don't have to disperse the mass and risk of injury that that causes. simply not seeing that here. what is remarkable, many people remark that to me. they observe the protests today. it's come clear

clarity and assurance that they are not being abused. but i think one of the things that separates us from some other governments is that we welcome these debates. that is what a democracy is about and i am confident that we can strike this right talents, keep our people safe but also preserve our civil liberties even in this internet age. >> after the joint news conference chancellor angela merkel gave a speech about the historic random brigade. during his remarks the president challenge russia to agree on deeper cuts with nuclear weapons. >> justice means pursuing the security of a world without net we are weapons no matter how distant that dream may be and so as president i've strengthen our efforts to stop the spread of nuclear weapons and reduce the number and role of america's nuclear weapons. because the new s.t.a.r.t. treaty we are in track to cut american and russian deployed nuclear warheads to their lowest level since the 1950s. [applause] but we have more work to do. so today i am announcing additional steps forward after conference of review i determined we can ensure the security of america and our allies and maintain a st

some things this budget does not do. it does not reflect the full sequestration amount. it gives us more time to implement new cuts. its attendant risks to our national security will gain clarity in the weeks ahead. the senate has asked us to provide our assessment of the impact on the joint force by the first of july. nor does the budget account for the cost of restoring lost readiness. we don't know the full cost to recover from the readiness shortfalls were experiencing this fiscal year. we continue to curtail or cancel training and exercises across all the services in four units that are not preparing to deploy. as a result, we are less ready every day for an unforeseen crisis were contingency operation. in effect, we are foreclosing on options. is more expensive to come ready than to stay ready. this means the cost to recover lost readiness will compete in the next few years with those costs for building a joint force that we think we need for 2020. as our military power becomes or could become less sustainable, it will become less credible. risk breaking commitments and losing the confidence of our partners and allies, our defense industrial base, and our men and women i

clarity and assurance that they are not being abused. but i think one of the things hat except is prates us from some -- separates us from some other government is we welcome these debates. that's what democracy is about. i'm confident that we can strike this right balance, keep our people safe, but also preserve our civil liberties, even in this internet age. >> for the german people i can say the following. it's important, it's necessary for us to debate these issues. eople have concerns. precisely concerns that there may be some kind of blanket across-the-board gathering of information. we talked about this. the question that we have not yet addressed we will do address later on, but there needs to be a balance, there needs to be a personality of upholding the security and safety of our people in our country, and there is quite a lot of ininstances where we were getting very important information from the united states. and at the same time obviously people want to use those new modern mines of communication -- as we ogy and do learn to live and deal responsibly with other new means of mobility. we have to deal with this one. i think today

clarity and assurance that theyre not being abused. but i think one of the things that separates us from some other governments is that we welcome thesedebates. thats what a democracy is about. and im confident that we can strike this right balance, keep our people safe, but also preserve our civil liberties even in this internet age. >> for the german people, i can only say the following. its important, its necessary for us to debate these issues. people have concerns, precisely concerns that there may be some kind of blanket, across-the-board gathering of information. we talked about this. the questions that we have not yet perhaps satisfactorily addressed we will address later on. but there needs to be a balance; there needs to be proportionality, obviously, between upholding security and safety of our people and our country -- and there are quite a lot of instances where we were getting very important information from the united states, for example, the so-called sauerland group. and at the same time, obviously people want to use those new, modern means of communication and technology and do so reely. and as we learn to live and d

us they haven't felt much of an increase yet. you could see the stocks pop a little bit next week, but i would expect over the summer the stocks will be very volatile until we get some claritynd what the actual impact of these higher mortgage rates have been. >> i mean, is there a level that you're specifically watching, megan? if we go over 2.5%, let's just say we go there because we're not that far away, at what point does your story change and become much more dramatically negative? >> i don't think there's really a magic number. again, there's more to watch than just the interest rate, but keeping all that aside, if we do see, let's say, and remember mortgage rates might not rise as fast as the ten-year, so we have to keep that in mind as well. if banks start to try to gain share a little bit, they might not raise that mortgage rate as high and they might be willing to take a smaller spread. what we really are watching again is as the mortgage rates go up, if incomes don't go up and if employment doesn't get better, then, yeah, if we saw another 75 to 100 basis point increase, we would start to get significantly worried. we need so see the other factors start to rise fa