i'm happy to answer any questions you may have, thank you. >> chairman backus, senator kyle and members of the committee, my name is paul williams, i'm an american songwriter. on behalf of our 427,000 american songwriter composer and music publisher members. i'm not here to address rampant copyright prak tuss--face in securing fair compensation for public performance of our music through quote, unquote, normal channels in the russia. public performance royalties increasingly determine whether a talented muse create tore can remain a professional is forced to take a day job to support a music hoppy. you don't want us taking day jobs because you're liable to end up with ozzie osborne as your plumber, you're in a lot of trouble. such a transition would be a huge loss, not only for american culture but also for our economy. ascap members are overwhelmingly the owners of small innovative members. i am a small businessman, mr. chairman. music createors and owners depend on the efficiencies of performing rights organizes, pros like ascap. i love ascap. we rely on a network of reciprocal relati

. >> thank you, chairman backus. senator kyle, distinguished members of the committee, my name is sam allen, chairman and ceo of john deere and company. thank you for allows to provide -- u.s. business community. granting pntr is crucial for u.s. manufacturers, service providers and agricultural producers to receive the full benefits of russia's wto accession. it is essential to enable us to compete on a level playing field for russian customs. the reasons are clear, first pntr will assure equal treatment for u.s. companies doing business in russia. russia as committed attention on reported agricultural equipment from 15% to 5%. however it is likely that russia would not extend the lower tariff rates to u.s.-made products until it's granted untr. u.s. companies like john deere would be at a competitive disadvantage relative to our foreign competitors, and we would have no recourse to the wto -- many of the products we sell in russia utilize components closely connected to jobs in our facilities in the american midwes

, it was joe barton, it was henry waxman, it was barney frank, who was your college classmate and backus, everyone agrees that we should keep our jurisdiction because we did a really good job and because there was uncertainty very, very early on. so -- >> you were very diplomatic and i understand where you're coming from and i have very little to add to what the chairman has said, except the following. first of all, with respect to the people who have gone over there, peggy toolly, who brought our principal pre2008 case that yielded consumers millions and millions of dollars went over to head up the cfpb's new nonrank financial protection program. second, i would point out, that the cfpb has exclusive jurisdiction over rule making, over fair debt collection practices. and it may make a rule which is broader than the one that we enforce under the fair debt collection practices act. we don't know. at the present time. the chairman is correct about that. but from my standpoint, it's folly, in this limbo state that the cfpb is in, comment that we know that it's got a lot of our people doing

. >> thank you, chairman backus, ranking member frank and other members of the committee, i'm pleased to present the monetary result to the congress. let me begin with current economic conditions and the outlook and turn to monetary policy. the recovery of the u.s. economy continues, but the pace of expansion has been uneven and modest by historical standards. after minimal gains in the first half of last year, real gdp increased at a 2 p.25% in the second half. the limited nfx available to 2012 is consistent with growth preceding in coming quarters at a pace close to or above the pace that was registered during the second half of last year. we have seen positive developments in the labor market. private payroll employment has increased by 165,000 jobs per month, and since nearly 250,000 new private sector jobs were added in january. the job gains are relatively widespread across industries. in the public sector by contrast layoffs by state and local governments have continued. the unemployment rate has moved down appreciably since september reaching 8.3% in january. new claims for un

the puck redirected into the net by david backus. the third period was a big one for the crews.k turned back. the blues win 4-0. here's hue they stack up in the west. just one point separates dallas, the kings, the sharks and avenue lamp -- and avalanche. that will do it for tonight's edition of sports wrap. >>> we have breaking news out of san francisco, we want to tell you about. one person is dead at a stabbing at buchanan. >> patti lee joins u now. she has just spoken to police. >> reporter: right behind me a crowd is still here. this is such an active crime scene, it happened in the past 30 minutes. i spoke to the brother of a victim who says his brother was in this complex. he says his brother recently got out of prison and was coming here to visit his family. what led up to the stabbing is still unknown at this point. we know that there are two people in custody, one of them may be a juvenile. police are still at the scene. they are interviewing and speck aing with witnesses, we will have the latest on this developing case on mornings on laces? really? slip-on's the way t