barney franks represents massachusetts. he told the hill newspaper that his party never should have fundped that campaign. governor walker defeated the recall attempt, beating out democrat tom barrett. organized labor supporters who led the recall say the was worth the fight. walker's win turns him into a sort of star in the gop. he is now in line to get a primetime speaking spot at republican national convention. >> mixed reaction from washington redskins fans over a decision to move the team's training camp to richmond. the team announced an eight-year deal with virginia today that will begin next year. in exchange for relocating summer training to richmond, the commonwealth will subsidize $30 million in upgrades to redskins park in ashburn. >> well the die-hard fans will go down sure. but the good fans, people that like the redskins, just look to come out here during fan appreciation day, they're not going to go down. >> as a fan, i don't have a big problem. >> would you go down that far? >> sure. i'm a redskin fan. not

kind of main highlights of giving jamie dimon a little more trouble now he wasn't just to the barney franks a job he wasn't asked to sing part of frank is the king ask his or what i thought was really funny though was where jimmy dunn was like the house always wins. the house me down so morgan i win yeah there's a suckers for being investors guess what my job is to steal your money i would kleptocrats my job sorry see you later. yeah well i mean it stands in contrast to his claim that too big to fail doesn't exist that there is no too big to fail well he's so big that he can say that this is ridiculous is a joke we're going to burn for it's a joke it is going to go through another party in georgetown i've heard of as big parties norbit the war barney you want to buy me a further a lot of fun if you do have more by the governor show we don't work that way who said that. i was just making a joke but. you know three shannon bringing some order into this conversation the only thing is that jamie dimon where the presidential conflicts that i see interesting things he would like the house always

on that one he is accurate. >> congressman barney frank joining us this morning.r your time. >> thank you. >>> still ahead on "starting point," lebron james just one win away from the nba title. he's got this leg injury. we'll see what happens with that. >>> tonight forget you can watch us on tv or on your mobile phone while you're at work. go to cnn.com/tv. >> during the commercial break, i'll see if i can grab you some red and black pomeran-poms. surely we have some backstage. >> ok. [ garth ] olaf's small business earns 2% cash back on every purchase, every day! put it on my spark card! [ high-pitched ] nice doin' business with you! [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! welcome to hotels.com. summer road trip, huh? as the hotel experts, finding you the perfect place is all we do. this summer, save up

hear from one of the lawmakers that led the charge, democrat barney frank. >>> mitt romney says yes,is vetting marco rubio as a possible vice president. to live the american dream. i'm proud to represent the usa because to me it's the best country in the world. this is what the red white and blue means to me, what does it mean to you? and blue means to me, high schools in six states enrolled in the national math and science initiative... ...which helped students and teachers get better results in ap courses. together, they raised ap test scores 138%. just imagine our potential... ...if the other states joined them. let's raise our scores. let's invest in our teachers and inspire our students. let's solve this. but they can also hold you back. unless you ask, "what's next?" introducing the all-new rx f sport. this is the pursuit of perfection. mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created a mobile asset solution to protect and track everything. so every piece of equipment knows where

when barney franks speaks, you can always count on words of wisdom. thank you. representative barney frank, as a national legislative and political leader for more than 40 years, you served the citizens of massachusetts with distinction. as a stalwart advocate for social justice, you have spoken for those who do not have a voice. you have served the commonwealth as a member of congress and a member of the state legislature and you have worked across the aisle to pass some of our country's most important pieces of legislation. as an exemplary leader who has worked hard for what you believe, you have shown throughout your career that one can embrace a lifetime of public service. to honor your contributions on behalf of the citizens of the united states, the commonwealth of massachusetts, and the city of newton, the board of trustees of lasell college confer upon you the degree of doctor of humane letters with all the rights and privileges pertaining thereto. [ applause ] congratulations. >> thank you. let me say a word. thank you. i go back to washington tuesday a

barney frank a lot of people described it when i was when i was going through the reports the house is more feisty. i guess what is that relatively speaking to the very very low bar set by the senate a week earlier because by all accounts if this would have been in a bubble without the senate this would be the one that was cast as the you know overwhelmingly. that jamie diamond got by u.s. lawmakers because it was so much more of the same with an exception of a few better attempts at political theater from people like barney frank you could argue at the end of the day congress is investigating there were plenty of people lining up to sing jamie diamond's praises to try and get him to come do business in their district and it just all seemed like the same kind of love fest that do we see the same kind of connection in the sense that you know we broke it down by the numbers went into the senate banking committee we did in the sense that so many in the committee chairman said committee members their number one donor more again you have you know the manager of the committee who is a former

democrat barney frank and republican senate leader mitch mcconnell all made stock trades, raising eyebrows. melanie sloan has long advocated -- are there any loss tending -- any all spending to do that caused more cracks know, there are not. the never want to subject themselves to more stringent rules. >> con burtless a -- congress recently passed a stock act. the post concluded its investigation did not turn up insider-trading, but does raise questions about members having an improper advantage. we were told the behavior was highly and at the goal and should be further investigated. rebecca cooper, abc 7 news. >> d.c. police are on the lookout for gunman who opened fire on a day camp in southeast washington. two children and a counselor were shot as they walked to lunch today. the shooting happened on the savannah street. police confirm one child and the dell were struck in the ankle and the other child was shot in the shoulder. within 30 a children attend that camp. >> a judge has set in september sentencing date for a former campaign aide. howard brooks will be sentenced on september 24

in the book we wrote, we have a conversation with barney frank, asking him about his undying support for fannie mae. he had bent particularly difficult with the regulators put in place in the mid nineties to beef up regulation. he was tough and the hearings and he would rail and made life difficult for the regulators that we asked him what was the idea of being so hard on these guys just trying to do their job. he said that he felt there are trying to be too adversarial. i said that sounds like a good thing for a regulator to be. he said that they were too adversarial at was not the right idea. people who are right about call me adversarial i have not a part of their corporate span. a regulator should not be part of the span of the institution they regulate and i thought it was an interesting comment which revealed a lot about the regulatory community and how it is seen by members of congress to oversee these people. that was my opener for me. i would argue for a more adversarial relationship that less. this person has been very patient here. >> i don't see any hope for actual things

[applause] representative barney frank. you have served this is the essence of massachusetts with distinction. as a sort advocate for issues of equality and social justice. you have spoken for those who do not have a voice. the of served as a member congress and as a member of the state legislature and of work to cross the aisle to pass some of our country's most important pieces of legislation. as an exemplary leader, you have shown it can embrace a lifetime of public service. to honor your contributions, the commonwealth and the city of newton and board of trustees differ upon you the honorary egree of doctor of letters with all the privileges pertaining thereto. >> thank you. i go back to washington tuesday. for those of you who follow the news. i will see of this is -- if this is the hoodie you can more -- where on the floor of the house of representatives. [applause] >> general martin dempsey gave the address at norwich university. he challenged graduates to lead an uncommon life and build relationships with trost. nor

other teachable moment was they had to be a little more prepared with their questions, so yes, barney franked a better question than last week, but after that, the show is over. >> it's an interesting time as we look at the statement, american journal israism, polit we are presented with an opportunity to reflect the 40th anniversary of watergate is upon us. chuck todd -- >> one of the things that comes through like thunder is that nixon misunderstood the presidency. that the presidency is an opportunity for the leader to do good. what's the job definition of being president? and it is essentially to define the next stage of good for the majority of people in the country that don't have a plan and get there. listen to these tapes and there's no such -- >> the important thing is that this was all -- were against history. a massive campaign of espionage and sabotage and covert, illegal, unconstitutional, dominated and engineered by the president of the united states. >> so those tapes just part of the wide ranging investigation american journalism uncoveringing political corruption. all these

the frustration of barney frank was palpable today when he got his five minutes of questions to jpmorgan chase ceo jamie dimon over his multibillion dollar trade losses. we boiled the exchange so you can get the whole five minutes in summary to this. >> you said you have a for treasurer balance sheet. that assumes there is something special about your -- the way you are that made us have to worry less. but we can't assume that's going to be the case for every financial institution. >> but i also said it would be solidly profitable this quarter. >> that's not the question, mr. dimon. i'm sorry, mr. chairman, i ask specific questions, and he knows what i'm talking about. is there a danger this kind of activity in a financial institution with less of a strong balance sheet might cause some problems? >> i don't know, but i think you should all take comfort in the fact that all-american banks are better capitalized. the system is far stronger today. >> i appreciate that, mr. dimon. that wasn't the question i asked. the futures trading commission budget was $200 million for the year. it's been

thank you very much. [ applause ] >> massachusetts congressman barney frank last month spoke to the graduates of lasell college in newton, massachusetts. during his 15 minute remarks, congressman frank questioned america's role as the defender of freedom and encouraged the graduates to consider how federal dollars might be spent otherwise. congressman frank has decided not to seek re-election this year after serving in congress for 16 terms. >> thank you. i should begin by defining what it means to be an appropriate speaker at a commencement. a commencement is, after all, an occasion for young people who have worked very hard and the families that have supported them to celebrate, but traditions die hard, including the tradition which we inherited from england in the 14th century of wearing these things in hot weather. i guess it was colder in oxford in 1300. but being a commencement speaker, i am very well aware is like being the person who sings the star spangled banner to start the world series. nobody came to hear you, it's just that the event isn't official unless you do it, and the only

chairman samuel palmisano at johns hopkins university in baltimore, massachusetts congressman barney frank at lasell college in newton, massachusetts and joint chiefs of staff chairman, general martin dempsey, at norwich university in northfield, vermont. tonight, espn president john skipper on the network's expansion to different media platforms. cnn chief national correspondent john king on the ways technology has changed cnn, and cox business senior vice president phil meeks and their small business focus on the communicators, tonight at 8:00 on c-span 2. >> pulitzer prize winner author david mariness traveled the globe visiting places like kenya and kansas to examine the president's family tree. book tv gives you a preview with exclusive pictures and video, including our trip to kenya with the author in january 2010. join us sunday at 6:00 p.m. eastern and later at 7:30 that same night, your phone calls, e-mails and tweets for the author on c-span 2's book tv. >> missouri governor jay nixon delivered the commencement address at northwest missouri state university in late april. the dem

that was an interesting thing, barney frank, a good friend of mine, he said that was the only half ass thing i did when i was there, but i'm not sure that's true. i figure he didn't know about the other things i was doing. well then, i had been very interested in women in the military. young women wanted to participate and they were in. at the air force in particular was letting more women in and stuff. i'm home one weekend and these wonderful young women air force officers come to see me and said, it's just terrible at loury. i said what? we're supposed to go to the officers club because we're officers and it's -- but they have these topless go go dancers in there. i said, what? so i go back to washington and i call antonio shaz, the first woman under secretary of the air force. i tell her, that's outrageous, that can't happen. trust me, it's happening. she says, never worry, i'm putting out an order right away to stop all of that. she said she did. i'm back a couple weeks later and women said, can't you do anything about it? i said, what do you mean? i go back and call tony and say,

>> it was to give him a floging and make him, you know, perform with barney frank, giving him a hard time. the house is always harder than the senate although he had a sympathetic chairman yesterday in the house republican chairman there. >> what's it like floging jamie dimon. has anybody ever floged jamie dimon ever? >> probably not but they want to try. >> he was really well prepared and the bottom line is -- >> he's smart and -- >> he's smarter than -- -- >> smarter than everybody up there. >> maybe except barney frank. >> smarter than anybody up there. >> the only real effect to answer willie's question is, that he will probably not have the volcker rule as quickly watered down. you're going to have some, you know, reesistance to watering down the regulation, jamie dimon was the tribute to watering down. >> mike barnicle, always quite a scene when you have jamie dimon go to the hill and -- or you've seen this, we've talked about this especially in the financial services committees, where so many of those people are just rank amateurs. very few people with banking experience. they

ever get a banker is yeah or would it be better to have better laws written by people not named barney frank or chris dodd to actually reform and all of this is a regulation was it were by partisan well well i might add that j.p. morgan not federal regulators. caught the two billion dollar slip up that had all the unrelated all this fuss but the point is that just that be a bigger concern to us the fact that in certain we didn't have as a whole cern that our biggest bank in the united states was losing two three maybe four billion dollars in another country absolutely of concern so you do think that the republicans are wrong when they cut funding and see if you see that would have oversight over exactly this because they lost this money on derivatives i have not seen any dollars there that is for that extra bit of budget would have prevented this fiasco from happening i don't think that can really be shown the answer always seems to be one more regulation one more regulator and the problems keep actually is that the evidence is in peril we from from the founding of the republic until nine hu

then barney frank in general are in tennessee. -- and general martin dempsey. >> to mar the center for new american security discussing the end of large-scale military operations in afghanistan. they describe how drones are being used domestically. we begin our series on federal financial agencies with harvey pitt on the role of the sec. five at 7:00 p.m. eastern on c- span. john skipper and different media

he skirted those and those from barney frank asking if he would give back some of his own pay. >> thell be reviewed by the board -- >> just answer the question. >> my compensation is 100% up to my board. >> mr. dimon you said there will be clawbacks for people responsible, is your compensation in the pot? >> he could not tell lawmakers how big the eventual loss will be. >> could be be a trillion dollars. >> not unless the earth is hit by the moon. >> he spoke about derivatives. he says his primary concern is more for the united states because whatever is good for the united states will be good for since bank. he set the tone apologizing for the losses and to lawmakers for taking their time up on this issue. he says their time and his time would be better spent on portion issues facing this country like the ripple effect from the problems in the euro zone. that is when the bank will disclose more on it's findings about the origins for this trading loss. >> so if the earth hits the moon -- so who is asking better congressman of jamie dimon. jane wells has that angle. >> let's play are y

in the book that i wrote, we had a conversation with barney frank will work as a team of his undying support for fannie mae. he was particularly difficult with the regulator that was put in place in the 1990's to try to beef up regulation on fannie. he was tough in congressional hearings. he would rail. he made life difficult for this regulator. we asked him, what was the idea? he said he felt there trying to be too adversarial. i said, moon. adversarial sounds like a good thing for a regular to be. it is almost like a journalist. people who ride a beverage not like what i write, the adversarial. i'm not part of their corporate spin. a regulator should not the end member of the institution they're regulating. how he is seen by members of congress. that was kind of an eye opener for me. i would argue for a more adversarial relationship than less. >> one more question. >> this person has been very patient. there you go. >> i do not see any hope for actual things happening. what you think is the ultimate answer? >> the ultimate answer for getting us out of the boom? i think we have to s

tape two one thing you have to say about barney frank is he consistent. >> we have gained since the turnhan 4 million private sector jobs but that's been dragged down some by the loss of 700,000 public sector jobs because i think of erroneous public policy. >> the job numbers you are quoting 4 million plus is from the absolute bottom to the top if you look where we are 8.2% it has ticked higher below number nypd not happy. >> i understand the fox perspective on all of this. >> no. those are numbers. >> don't interrupt me. >> bill: of course barney why would you want to interrupt you with the facts it was rude of melissa francis to interrupt your propaganda. how dare she do that check three, think it's easy being lady gaga? no way. ♪ ♪ >> oh, that must have hurt. singer sustained a mild concussion, continued to show in new zealand. meantime, in turkey, madonna flashed more than 50,000 fans while singing her song human nature. is it human nature to expose yourself? you make the call. yes. they can four. so there i was last week in iceland. land of the midnight sun. perhaps the most isolate

check out barney frank, that interview. i was chiding. gently chiding him.victoria from new jersey. >> my advice, victoria, get a no spin mug instead. you will thank me in ten years. you know, gravity? >> there you go, doreen. happy birthday. see you a a

. >> yes so there is some dispute about this barney frank said today, my sight picked my side meanings democrats it was called a dumb political fight. was it? >> first of all i got a very close view of that, and how that emerged starting more than a year ago as students and families as well as public workers and private sector workers marched on madison, and the origins of the walker recall were not organizationally based, the origin. the origins were people who were in the streets of madison young people who slept in the state house who said we have a mechanism to change things we don't want to is wait until the next election. it was the people tens of thousands enraged who said we have this mechanism, we want to use it. >> larry, let me get to one of the issues that is emerging as a back story from this wisconsin battle. how much--and you represent workers in the public and private sector, so you're in a perfect position to address this. do you think walker was dividing unions by pitting public and private against each other or even pitting public and public against each other? >> i

the ibm chairman, massachusetts congressman barney frank, and the chairman of the joint chiefs of staff. >> b52, everybody thinks back to vietnam and linebacker operations. you think of history are the cold war. there is a different kind of power associated with the b-52. >> union and confederate to new each other prior to the civil war that fought against each other. here they are at age 100 sitting on the porch talking about the old days. >> the date to the west is 903. the

check out barney frank, that interview. i was chiding. gently chiding him.victoria from new jersey. >> my advice, victoria, get a no spin mug instead. you will thank me in ten years. you know, gravity? >> there you go, doreen. happy birthday. see you a a >> good morning and happy friday to everyone. i am heather nauert. >> i am heather childers. thank you for joining us. this is friday june 22nd. thank you for watching "fox & friends first". it is time for your 5@5:00. an assault by the taliban on a lakeside hotel in kabul ending overdmiet leaving 17 people dead. >> security forces and gunmen armed with rockets exchanging fire after dozens of people taken hostage. the standoff lasting over 12-hours. the five taliban militants also found dead including 3 homicide bombers. >>> it is dangerous and deadly conditions there. the rain washing out a highway

at one point jamie diamond got into a heated exchange with barney frank. >> we can't assume that's goingto be the case for every financial institution. >> i also said it was going to be solidly profitable. >>> last week die & appeared before a senate committee and the questions were much less harsh. >>> a key witness took the stand today in the jerry sandusky child sexual abuse trial. his wife, dottie sandusky testified she remembers most of the accusers but she says her husband never had inappropriate contact with them. the prosecution rested its case yesterday after presenting more than 20 witnesses. sandusky is charged with molestic 10 boys over a 15 year period. the 68-year-old denies the charges claiming the accusers have financial motive. >>> police in lafayette are looking for a car that may be linked too a string of burglaries. investigators say a light blue buick four door sedan with a license plate number 5wzt563 matches the description of a car seen after several burglaries. if you see that car, you are asked to call the lafayette police department. >>> a vandal damaged a clas

at one point jamie diamond got into a heated exchange with barney frank. >> we can't assume that's goingto be the case for every financial institution. >> i also said it was going to be solidly profitable. >>> last week die & appeared before a senate committee and the questions were much less harsh. >>> a key witness took the stand today in the jerry sandusky child sexual abuse trial. his wife, dottie sandusky testified she remembers most of the accusers but she says her husband never had inappropriate contact with them. the prosecution rested its case yesterday after presenting more than 20 witnesses. sandusky is charged with molestic 10 boys over a 15 year period. the 68-year-old denies the charges claiming the accusers have financial motive. >>> police in lafayette are looking for a car that may be linked too a string of burglaries. investigators say a light blue buick four door sedan with a license plate number 5wzt563 matches the description of a car seen after several burglaries. if you see that car, you are asked to call the lafayette police department. >>> a vandal damaged a clas

. >> in fact matt you found this quote from barney frank that i thought was really interesting aboutp that at some point obama had a choice to make that hank paulson had agreed to fake some of the money and give it to the homeowners. let me give you the quote: so what you do unterp ret that as matt? >> i don't think obama hasn't done much. i think he has done an enormous amount, and what he has done is helped the banks reorganized the economy, and essentially reorganized our political system so that we have no choices as voters. are two parties that represent almost identical policy interests, and so we have -- what obama has done is taken a financial crisis and turned it into a political and constitutional crisis where we as voters have no power anymore. >> but on those identical policy positions as they refer to banking and a handful of others then there's a huge divide -- >> war. >> i wouldn't agree necessarily with war. i think tactics in war, perhaps, but i think when you are talk about their policy differences, you can say there are some similarities that are really disturbing

democratic congressmember barney frank of massachusetts pressed him on whether he intends to take a pay cut to help cover the loss. >> did you say finally there would be some callbacks for compensation. you've also taken some responsibility. is your compensation on the table for consideration of clawbacks? >> it is reviewed by the board -- >> it is a specific question. >> my compensation is 100% up to my board. >> you said there were the clawbacks for people responsible. it is your compensation in the pot that will be considered for that? >> i cannot tell my board what to do. >> the fisa amendments act would allow the government to continue the bush era practice of monitoring u.s. residents' raÚl phone calls and emails without a warrant so long as one of the parties in communication is outside the united states. the senate intelligence committee passed a similar measure last month. the national security agency has refused to disclose how many americans have been monitored under the surveillance program on the grounds that such a disclosure would violate their privacy. the nsa made the a

but when you say he took responsibility, i wanted to play another back and forth between him and barney frankcks for compensation -- is your compensation on the table for consideration of clawbacks? >> all of this -- this whole act will be reviewed by the board. >> specific question. >> my compensation is 100% up to my board. >> is it under -- mr. dimon you said there would be clawbacks for people responsible. is your compensation in the pot that's going to be considered for that? >> they will do what they see is appropriate. i can't tell my board what to do. >> okay. but can he tell his board, i should be held responsible? i should have a claw back? i mean, isn't it sort of ridiculous not to? yes, he can. john paul mitchell systems is private. and i own the majority of the company. the last three years, we are very profitable and we grew every year. i told my board, if i did a good job, give me a $1 raise, that's it, period. leave the rest of the money in the company so we can have more affordable products, not big price increases. what he should say is, i'm paid a fortune. guys, if you thin

check out barney frank, that interview. i was chiding. gently chiding him.vice, victoria, get a no spin mug instead. you will thank me in ten years. you know, gravity? >> there you go, doreen. happy birthday. see you at the rosemont theatre. if you would like to join doreen, check it out. the show is sold out on the 23rd but we have tickets for the matinee. >> glad you got your money's worth, colleen. >> never going to happen, jeff. i'm not politically correct enough. but i don't care. "killing lincoln" has been on the best selling list for nine months. thank you all. >> from north carolina. >> that's because they aren't as smart as you are, josey. thank you for watching me. and finally tonight pinheads and patriots. our pals, regis and kathy lee, together again on nbc. >> it's wednesday, june 20th. >> it's always wednesday around here. >> let's go back. let's go back. >> you have to say please. >> get me through the show. >> having a good time? >> fair. just fair. >> come on, who is better, betty white or me? >> oh, let me tell you something, don't overlook

barney frank is retiring maybe he will use it as his last chance.you on tonight. >> thanks for having me. >> that's "viewpoint for tonight, stay here to enter the war room