fasenra a is not foror susudden breatathing problbls allergrgic reactioions may occ.treaeatments allergrgic reactioions may occ. without t talking withth your doctctor. tellll your doctctor if your asthmhma worsens.s. headachehe and sore e throat may ococcur. tell your r doctor if f youe a paparasitic ininfection. headachehe and sore e throat may ococcur. get backck to betterer breath. anand get backck to your l l. ask yourur doctor about fafasenra. anand get backck to your l l. if y you can't affordrd your m medication,n, astrazenececa may be able to o help. if y you can't affordrd your m medication,n, goodod checkup?? no, , great chececkup! [laughs] nanailed it agagain! keepep up the gogood work! for greaeat checkupsps, crest hahas you covevered becae crest pro-o-health prorotects % ofof your moututh for 24 h ho. lolook, ma! nono cavities!! crcrest. >>> the fda today approved over-the-counter sales of naloxone, the drug that reverses opioid overdoses. it will be available now without a prescription as a nasal spray under the narcan brand name. the fda commissioner s

singh the other nominees -- we have not gotten -- the biden administration was not able to appoint an occlator. they have been asking for that -- trump appointed -- vacated -- that to move things around -- that brings a bit from the board that was already confirmed -- occ, none of the nominees we got vetted, you know, get support. we, you know, regulators -- would have done very differently and very quickly. these are problems -- [indiscernible] it is not just there's a haphazard is. it is defense. the industry is quite powerful across the board. it is not -- community banks over here and big banks. sometimes one incentive which is deregulation, it's workout deals other than create a lot of rigid rules and hierarchy. especially like silicon valley bank, they were doing anything lehman-like. well, there were not doing anything more risky than any other bank right now. it is just that thanks have runs. that is how they work. especially in a market like this where interest rates are going up, they have bonds, the crypto saying who knows what sort of one or two things caused a domino effect,

to just return to that briefly i am very glad to see -- it's been about a year since the fed and the occ and the fdic issued the proposed rule to modernize implementation of a community reinvestment act i don't think the proposal was perfect by any means but through the cra, financial services organizations can serve and meet the needs of communities that are full of assets but lack the resources to make it happen like wealthy communities can. so i think, chair powell, you indicated that you expect this new cra rule to be finalized in the coming months, is that what you indicated? >> that's right. >> can you tell us with the departure of dr. brainard who will be spearheading the efforts? >> i've asked vice chair barr to be responsible for moving the project forward. of course it has to go to the whole board and everyone gets a vote but he will be pushing it forward. >> thank you i was glad to see disaster preparedness and climate resiliency were added to the definition of activities that would be eligible for the cra edit and this is important because low and moderate income folks in the

what's going on here the occ is going to make accommodations if it's necessary to do so if the shares aren't available. if there are settlement problems, they can push back the settlement date, they can even change the deliverables. for example if you exercise puts there's a chance that rather needing to deliver the shares they're going to come up with some kind of cash settlement the important thing for you to think about is whether the value of these underlying stocks is below the strike of the puts that you own, i assume no one is going to be exercising their call options. you'll want to exercise those options. first republic just announced that they're going to be doing a private investment, known as a pipe transa, it's different than a secondary. trading lower after hours. the stock is down more than 75% since last thursday, the last time those other banks were trading. so if you're wondering, is silicon valley bank less than where it was trading same thing with signature. look at the bank that's still alive. the bank just received $30 billion. 75% lower than it was the value of

fasenra a is not foror susudden breatathing problbls allergrgic reactioions may occ.ithout t talking withth your doctctor. tellll your doctctor if your asthmhma worsens.s. headachehe and sore e throat may ococcur. tell your r doctor if f youe a paparasitic ininfection. headachehe and sore e throat may ococcur. get backck to betterer breath. anand get backck to your l l. ask yourur doctor about fafasenra. anand get backck to your l l. if y you can't affordrd your m medication,n, astrazenececa may be able to o help. if y you can't affordrd your m medication,n, >>> jurors are set to begin deliberating in the gwyneth paltrow ski collision trial. she's accused of slamming into a skier at a utah resort but she's countersuing claiming the other skier is at fault. dana griffin is following this for us what are the main points the attorneys are trying to make in closing arguments? >> reporter: this boils down to who the jury believes. we just heard from the plaintiff's team they say their client, terry sanderson, has these life-sustaining brain injuries that we will have until

the shares aren't available to borrow what's going on here the occ is going to make combinations if it is necessary to do so if the shares aren't available. the there are settlement problems, they can actually push back the settlement date, they can even change the deliverable. for example, if you exercise push, there's a chance that rather than needing to deliver the shares they're going to come up with some kind of cash settlement process the important thing for you to think about is whether the value of these underlying stocks is blow the strike of the puts tha you own. i assume nobody's going to be exercising call options. and you would want to exercise those options if you believe they are first republic just announced they're going to be doing a private investment, sometimes known as a pipe transaction. it's different than a secondary. that stock is trading lower afterhours and it's down 75% since last thursday, which is the last time those other banks were trading the you're wondering, is silicon valley bank less than where it was trading when it was available to do so, same thi

kididney functi, a rarere, life-thrhreateg bacterial l infectionn in the skikin of the e perineum c could occur doctoror right awaway if y you have sysymptoms of s infefection, ketetoacidos or an alallergic reaeactio, if y you have sysymptoms of s infefection, ketetoacidos and don'n't take itt ifif you're onon dialysis.. takiking jardianance with a sulfonylylurea or ininsuln and don'n't take itt ifif you're onon dialysis.. may cacause low blblood su. a once-daiaily pill ththat goes b beyond lowewering a? we're e on it. a once-daiaily pill ththat goes b beyond lowewering a? we're e on it. a once-daiaily pill ththat goes b beyond lowewering a? we'r're on it wiwith jardiana. asask your dococtor abouout jardiancnce. >>> now's the time. the southpaw tosses deep. the ball is knocked up in the air, and it's over. >> history on the hardwood. san diego state is headed to the final four for the first time in school history. sdsu beat creighton 57-56. darrion trammel hit the winning free throw with one second remaining. sdsu will take on florida atlantic in next week's national semifinal. >>> good to go

my question is does the fed remain committed to work with fdic and occ to finalize a rule and we know that will likely be finalized. >> we do remain committed. i believe we are in broad agreement with the other two agencies on the revisions to the rule. now, we're in the process of reading all that down. that'll take some time. after that, of course, it will come to the board of governors for a vote. that'll involve briefings and discussions. i can give you an exact date. >> as quickly as possible. >> it will be some months. >> banks, whether the shocker covid-19 shutdowns mostly because of the fiscal response. provided by congress. we now see a spike in loan delinquencies an increase in overall risk. banks are plowing billions, billions as many other corporate leaders always defended by people on that side of the aisle. into stock buybacks which makes me concerned. if there is a downturn the economy. thanks could end up with too little capital. that's why i'm worried about any potential rollbacks of safeguards or regulations. can you assure me that the fed will keep capital requireme

the fed along with of the occ and fdic issued proposed principles for banks that you are attempting tonalize those by the end of the year and the requirements don't stop at the border. the uk and eu central banks are moving to require significant regimes as well and i know the fed is taking a look at the commodities capital sturges and the holistic review but even though the fed isn't forcing banks to encompass these in the stress test, there are many initiatives that are going to make it more costly for banks to finance traditional fossil fuel companies. so i want to ask a very specific question will you commit that you will withhold support for a new capital rule that increases capital charges on bank activities and traditional energy companies? >> i can't sit here and promise what i will and will not vote for because i don't know what's going to be in the proposal, but that's not the kind of thing i think we are looking at. >> i'm sorry it's not the kind of thing -- >> this is about overall capital levels more than anything else i think rather than the specific thing you're talking

>> i think, one, we need to make sure we look at the fdic and occ and make sure they're on top of theseks and look at their asset mixes now to make sure they're okay. secondly, i've called for raising the fdic limits, the $250,000, obviously adjusting it to the world we're living in now. depositors need to feel safe. of course, these are not, as we pointed out, the taxpayers don't hold the bag on this. the banks do if there's a problem. frankly, they should have higher insurance so people should feel safe if they have their money there. i talked to a non-profit this morning pulling their money out of a local bank who said it's just too much risk. this is small businesses, non-profits that have more than $250,000 saved up. we have to make them feel okay in the greatest country that we live in to be able to deposit money and know it will be there when they take it out. to me, that's the most important thing we reassure people, they can know the money is there. obviously the treasury and fed stepped in and made the point last night which is great. we need to make sure that everybody can fe

to the way they lent to businesses, they had different rules than some of the largest banks that are occ chartered and had really strict rules around leverage lending and lending to unprofitable venture-backed companies which is why now when you see these firms trying to buy and circle assets around that venture-backed loan portfolio, even private -- private equity and capital firms are saying this is a no go because it is not how they were used to lending. it is a complicated equation and does not mean things will not get solved. people are looking at the piece of the pie and assets but to your point, regulation, the lack of, the process in pushing for lighter regulations. that will not just be looked out for this firm, it will be looked at for a lot of the smaller firms that have done the same thing. ed: seven days until the silicon valley bank failed, and i think the question is about accountability, in other words who is responsible for what happened? we do not have a clear answer. caroline: and it is something joe biden, president joe biden is looking into, accountability. we still

night that indicated they believe it's the fault of the san francisco fed and the fdic and possibly the ocche comp controller, and they didn't have close enough eye on silicon valley bank, and they invested in the long-term treasuries, and the interest rate went up and the bonds lost value and people pulled their money out of the bank after the loss. the big thing to watch is if the fbi and sec are srinvestigating, the doj and the sec, that would change the tenure and direction of the directional probes. former executives at this bank will not come to capitol hill and say anything if they are under federal investigation, and that means the house financial services will focus on the regulators, what were they seeing that allowed them to believe that this bank was conducting business in a normal and safe way that will be the big shift if the doj and sec are investigating, and it will change the investigations up here >> you know, jake, so far, lawmakers on both sides are blaming the fed chair, jerome powell for what they see in his role as the bank failures. what is the latest on that front?

go ignored for so long we'll go inside the boardroom and break it down with the former head of the occ, and as we head to break, here's a look at the markets the dow is up at session highs and it and the russell is outperforming and after getting hit hard by banking and energy problems s&p 500 back to 3950 and the ten-year note just below 3.5%. we're back after this. ♪ ♪ >>> th i"t ehae"n cnbchonly ao and vanguard retirement tools and advice can help you get there. that's the value of ownership. (vo) the fully electric audi e-tron family is here. with models that fit any lifestyle. and innovative ways to make your e-tron your own. through elegant design and progressive technology. all the exhilaration, none of the compromise. the audi e-tron family. progress that moves you. you love closing a deal. but hate managing your business from afar. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire for businesses of all sizes, matching your job description. there are a lot of choices wh

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this would be a statement that the harm doesn't occ?untilthe time when the opportunity for re-hearing has gone by? >> i think i would say, this way around her, i thina prisoner could exit the state court procedures at any point and bring a section 19 eight reaction a time. an all likelihood would allow, and i think your honor posits, the time for re-hearing to laps. i th would be okay. there would be harm at that point, there would bea cause of action at that point, and the procedurthe state court proceedings would've come to an d. there will be finality. is no request for hearing. >> youto have your cake unaided t my concern is, w position would bth's going to put off the time when peop bring claims for acc to evidence, because the claim not going to be complete until you haveal decision by the cca under view. which hel yu, because you want to put off the time at which -- otherwise, the statute of limi probably would be clear. on the other hand, so who's there and is ready to go, in federal court, reallyon't be leo until the end of the

. >> we got some breaking news the fdic and occ, federal reserve and department of treasury have issueda show of support by a group of large banks and demonstrates the resilience of the banking system bank of america, citigroup, wells fargo, morgan stanley, pnc bank, state street truist and u.s. bank, 11 banks, $30 billion to first republic. i wasn't aware that first republic was in trouble. >> yeah. so first republic was also in the similar situation to what we saw with silicon valley bank over the weekend this, i think, is exactly what the administration wanted. they want the private sector to step in and do this. you saw the same impetus in 2008 where they tried to get the big banks to buy each other up rather than have the taxpayers bail them out when there's a situation that could be detrimental. in this case it looks like they have been able to bring these other banks to the table, other financial institutions to the table with real cash, $30 billion is a lot of real money, and that's going to send a message to depositors and everybody in the banking system more generally you know

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>> that will be done by the whole board of governors when we vote on it and also by the occ and the fdic >> will they have any input from those who are having to pay the price of implementing cra? like, get any input from banks that are -- >> yes >> -- having to navigate -- >> throughout the multiyear process there has been a tremendous amount of interaction with banks, a tremendous amount, and bank lobby groups and also consumer groups. and then -- but, yes, there's been a ton of input and working with the industry to try to achieve the statutory goals efficiently. i won't say it's perfectly but there's been a lot of interactions >> they're getting input prior to the implement of cra or the guidelines for cra >> i'm pretty sure there's been quite a bit of interaction with the industry in terms of what to do and how to do it. >> okay. now i think you've stated you don't feel it's the federal reserve's policy to get into implementing climate change? >> we're not and we shouldn't be climate policymakers we do have a small role, a focused role to play with the larger banks to make sure they

i think the administration, treasury, fdic, the fed the occ, and the banking committees in both the houseng on about this. i think the 2018 bill was a good bill. it eased some regulations, but most of dodd-frank is still there. but like everything else, nothing is sacred in that bill. they need to look and see exactly what happened and try to react accordingly. there needs to be changes, they need to make changes. >> you don't regret supporting the bill? you don't feel responsible for any of this? >> no, i don't feel responsible for this. you know, don, legislation is there for trying to deal with circumstances that existed in the past and trying to do your best to look forward. there are thousands of banks in this country that i think are fine. i don't think our banking system, every economist that i've been seeing since our banking system is strong. there's liquidity in the market, in these banks. so i don't think that that is a systemic problem across the board here. but, again, that legislation, like so many other pieces of legislation that gets passed in the moment needs to be review

for retail traders, there's an influx and you pull the occ data even with the zero dte options it's retailarticipating within the market and think about it, technology is more accessible than ever, so therefore we have these influx of traders that started with meme stocks honestly got their adrenaline rush and zero dte have high acceleration, high leverage just like that interview stated therefore it's absolutely retail oriented. charles: so is it a danger then to the entire system or something to do between waiting for the next round of nfl games? >> so, i don't think that it's too much of a danger. i mean, there certainly is if there's a large influx but also again, technology. so there is so much open interest right now normally on the at the money options which is where the highest activity is , and i think that it's really great just from that information of data. you could literally see if the whole market is skewing bearish or bullish by pulling the data with the zero dte options and it's interesting to speak to the people who trade them. they layer on technical analysis to look for

hugo, what have you got on the reactions toÑ■oçç■ all of this e trump world?about this when hise■ advisor spoke to him t■qf the indictmentq■ broke. at least for hisq■ political, team -- e■f■past ourr found out about the news f]? u. they saw the opera alert hitq■ their phones and they -- to figur%hm■tqwhat next steps would be, at least on the politicalfá front. and from the political front, they seem to be focused ont■ a fund ratór'■ claim. this has alwayse1 beene■ the trp cambakgn's go to, if you can't beat the news cycle, then try and make money off your supporters. so, this a&■f■t■ exactly what ty are trying to do. but trump, for all his pro votto, hasl■ been very muted. he has not beenv0%rticularly happy about his indictment and he's fearful,qó■(■d■about how hs going tof■ be perceived in history. and now that he's actually criminally charged, the first former president -- the first sitting president to beq■ charged,■"■á'qakes this passing lee, and it's quite a knock to h.■em a> you know, ando■q■ jason -- it is not unprecedented in the world forjf

to just return to that briefly i am very glad to see -- it's been about a year since the fed and the occ and the fdic issued the proposed rule to modernize implementation of a community reinvestment act i don't think the proposal was perfect by any means but through the cra, financial services organizations can serve and meet the needs of communities that are full of assets but lack the resources to make it happen like wealthy communities

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. >> the occ cost benefiteed an analysis, just what weot need. >> what another lab leak sobig h that pfizer and big pharma canar make billions more .more of our and we can lose more of our people, our wealth, our freedom. i mean, this is just tranotic and transparent at this pointck because we knew going back to twenty eighteen that the luján lab was a big problem . bueyt scot want gottliebts g wae back for another bite of the apple because we'll have new controls in place. now remember who is a city that houses a large number of government run laboratories, many of which were built ors tru expanded as a result of china'ms traumatic experience with that initial sars virusthat and epidc . 2002.member, it began in two thousand and two, sometimesc the highest risk experiments get outsourced to the worst labsedbs around th around the wt they're the ones willing to dogn those experiments.g and so if we'rtoe goin high rism risk research, because we thin k it's important from a national securityd to standpoint, we nee. to get better control over it, better control over it.s there tried this

have, can you tell me if the fed is committed to working with the other agencies likethe fdic and the occ to finalize a rule soon on cra? certainly, that's something of great interest to many of my colleagues so can you give us any updates on it or how the process is going or what we can expect? >> yes so, with governor brainerd's departure from the white house, i've asked vice chair barr to take the lead in moving it forward. i would characterize it that there's essential an agreement between the three banking agencies on the changes to be made that's all being written up and vetted and at a certain point, members of the board of governor will be briefed on it and will vote on it >> is there anything we can do to help with that? >> i think we're hard at work on it, it's going to take some months, but we're seeing the airport and will be landing -- >> the jegentlewoman's time has expired. mr. barr is recognized for five min minutes. >> thank you, chairman mchenry on the one side, strong consumer spending and persistent core inflation and a cpi that's more than your 2% target suggests more

doing dodd frank, senator dodd proposed taking silicon valley bank out of the fed and moving it to the occlost that vote 90-10 on the senate floor, and -- and the fed won again. >> he also proposed raising the cap for fdic insurance, aaron, can you speak to that? that was also shut down. >> that was raised during t.a.r.p. and not during dodd-frank t.a.r.p. was voted down in the house and the market fell a thousand points and we had to regroup trying to figure out how to bring more political support spot bailout bill of t.a.r.p. and back am roo, one of the things that was thrown out was raising the deposit insurance company from 200 to 250 and without much public conversation and discourse, but a way to bring back house republicans who voted down t.a.r.p. the first time. >> aaron, this goes to the question of how much can the taxpayer stand behind bank deposits one to one. we're talking all of gdp if you had to -- if that was the implicit or explicit guarantee we're going further and further down this road the fed bailed out money market mutual funds and junk bond folders in response to cov

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the right foot and having guidance in place that says if you're a regulated bank so this is the fdic occ and fed i'll have guidance in place that says if you're a regulated bank and you want to engage in crypto activity you have to let us know first. but again i think more is needed and so what i i recommend is that banking agencies do a horizontal exercise where they understand all the different ways that banks are exposed to crypto and then release that information to the public so that not only bank customers but bank invest investors as well are aware of the risk. because you know the guidance hasn't been perfect and we've seen a few banks that unbeknownst to regulators were more exposed to crypto than previously realized and i would just point silvergate as a perfect example. over 90 percent of their deposits were from crypto related firms in the fourth quarter of last year they sell over 8 billion in deposits leave that was over 60 percent of their deposit base. it looks likely that they would have failed if they did not get emergency liquidity from the federal home loan bank of sa

and that's something that occ's operation reach is looking at and we commend them for that. >> how experienced same house to a different value is the only thing that changed was the residence where the occupants i should say to the valuations. how would that approach impact that particular situation or the one that sec. fudge mentioned in her opening remarks? she lives two doors down. those type of issues i raised that because i would like for you to respond to that question but i also wanted to know we believe an appraiser and independence, that is just highly valued. how do you address these types of issues and still maintain appraiser independence without the inference that we are looking for higher values and again i think i mentioned it's not higher values, it's a fair process. it's fairness in the valuation, unbiased valuation. so trying to take the recommendation that you just mentioned and apply it to these issues that are before us today. >> thank you for the question. i can't tell you how difficult it is to hear the story. when we hear of even one family that has had to go through th

or new york in terms of their regulators, but i can tell you ours, which are the federal reserve and occus on this not only today, last week, but always in focus. >> are you concerned about the nature of a bank run, occurs on this, whether people looking at twitter saying oh, my god they're lining up at this bank and saying why take the chance does that change sort of the way you would respond to any crisis? >> sure. the velocity of money is different than a few years ago it's incumbent on us to react quickly, put information in customers' hands, to get ahead of rumors and get in front over customers, but to recognize that there is this ability to move money quickly. i think one of the attributes you saw, especially in silicon valley, is almost depositors acting in concert, right broadly connected groups of depositors that were all a herd and going to move in one direction. that kind of exposure, that concentration risk, is one of the most significant things you have to manage in a financial business like ours you don't ever want all of your next one basket or kind of concentrated that w

as an agency, the occ is committed to using our supervisory authority to advance racial equity consistent with the mention of our agency, and ensuring that the regulated institutions provide fair access to financial services, and treat customers and consumers fairly in the process. i've got a lot of questions, and some of them will piggyback off of the previous questions by panel members. the first one is more your stori think it was december 201st when it was published in the "washington post." i read the story and it seemed to be one that was coming up more frequently as we looked across the country. but in every witnesses opinion, do you feel like the appraisal bias is becoming a national systemic issue? >> i think it has been. [laughter] >> okay. thank you. i want to touch a little bit on, you all brought up the transparency with the austins and the reconsideration of the value process. i know in many cases most individuals do not know there is an option to do that. i'd like to ask you do you think regulations should be implemented that would require banks to one, transparently commun

it's chaired by the secretary the treasure includes of the fed, occ, fdic, cftc. fact all of our witnesses today take part in those meetings, do you not? participate in fsoc as member agencies. >> is it also to identify risk to the financial stability of the united states? yes or no? >> that is among its functions. .. >> previously as a core function of fsoc is to look at risks across the financial systems for a quick review of the fsoc leaving many stated september 262025 pages were the other two climate financial risk to mr. barr many of those comments came from you. i can find any pages devoted to market in news reports of the apparent looming problem with signature valid bank and signature bank. in fact, in december 2022 signature valley bank was listed on the snp global marketplace as the top u.s. bank by proportion of uninsured deposits at nearly 94%. only four of the banks were estimated to be above 80% including signature bank but none of that was mentioned in your december 16 meeting. are those factors that are born to comprehensive monitoring of the stab

but and it is the rulebookthe occ and the federal government saw and it didn't even stress test thesear about an office building going back to a bank and that the fed was also -- they were spending a lot of time on systemic banks and say doing not increase your exposure. i wonder who on earth they will refinance that officer building. if you take that to its logical conclusion, val and it's a situation where they don't lend and other people can't lend, cities near the street go down and you end up a pla if. >> when you say the car hit the wall, you mean the commercial real estate market? >> i mean the economy will have a hard landing. >> the economy. >> this -- he is using a steam roller to get the price of milk down 2 cents. to secure a small fly. i think it's sort of time you change your conversation. there's good inflation and bad inflation. good inflation is wage inflation. we should be having parties that is not what this country is about. >> the way it becomes problematic when it evening and wages aren't even keeping pace with prices going up. >> that's true, except less of the

this is the occ's fault for allowing the rules that say you don't have to markÑtt to market these are thinking, okay, we've had dire warnings about if you stay at zero that long, and it probably wouldn't be a three probably wouldn't be a three week -- itx4ráju e moreÑi significant or might be morejfp work to do.fái] >> my guess is you willi] haveñ european authorities discussing that right now and through the weekend. shares of deutsche bank actually tumbling in european trading, down by!u■ xd13.75%. that comes after there was a jump in the credit default swaps last night onÑi renewed concern about the stability of european banks. this isg alle1 of the europe stocks. >> good morning, becky.c it's been quite the roller coaster ride for9(ut(z banks. weok walked in monday to the ne rescue package for credit suisse. the initial concern was there's a financial contagion but the first half of the weekÑi europe banks did quite well. at some point on wednesday theú index as up 17 percentage points. you can see all of that has turned around. so the week as a wholexd ther european bank index is

you had the occ, the fed saying banks should be careful about they handle crypto.lators been? they have been very behind. it so quickly it's been hard to keep up with. a conversation were having is perhaps another fire under the space about how banks are handling digital assets but this story is being written right now. lisa: just as we talk about regulation are we going to be talking about the shift from certain speculative crypto assets to the embry say of stablecoins and using a and back by an audited amount of cash held is that we are removing is that where lenders heads are? >> it's were i spent a lot of brainpower thinking about it is the safe haven asset it's like the treasury of the crypto industry. the fact that they hold reserves. it's been audited, theoretically. that's where you see the money going. we saw a lot of funds tether after the news yesterday. i would imagine they are top of the list because we are talking about billion's of dollars. tom: it trades 24/7 does our audience, as our audience into this? >> may just for fun. tom: that's what i do it

is how old the recommendation is, sfpd establish formal protocol to insure homicide detail, provide occ now dpa and da investigator a timely briefing about facts of the case and formal walk-through to the incident scene. if we can't memorialize something as basic as that in our dpa mou with sfpd or that is controlled by the da office, there really is no incentive to enter into mou with sfpd and give up what we already get as a matter of course at the scene. the last-there are two other things that we are concerned with. we have fought and thanks to the chief had the ability to watch through closed circuit television capabilities at headquarters interviews of officers, interviews of witnesses that are done very- (indiscernible) these witnesses are brought back to headquarters and we are in one room with iad and the homicide-now iib and criminal investigators from isd are in another room and we can watch the interviews that goes on. for those of you that have done any type of trial work or any investigation, you will agree with me that non verbal communication is just as important if not