attorneys are refusing a permanent could trigger a lawsuit that would cost the government as much as $5 biionconocophillips was looking for five permits and the biden administration negotiated it down to three. still with reports, it allows conocophillips to drill for 90% of the oil that they were hoping to get. at the white house, yesterda the white house press secretary adess president biden's decision on allowing this project go forward. >> president cap his word wh he -- where he can by law. that is important to note. and as the interior department says some of the company -- says that it is granted by prior administrations. the company has a legalight but the departmentsptions are limited when there are legal contracts in lace. for example, the solicitor under clinton said they have lease rights and that cannot be ignore that is in the favor of development. i will leave it there. the president is delivering the most aggressive climate agenda in u. history. that will be his continued commitment to the american people. host: the president's white house press secretary yesterday. which part

bread-and-butter banking 's magement was at risk but a viral run on the bank co>>ovarchme 9 posirs a 2 biion ints in a dw period of just a few hours . >> sipodesenators appear to be using that hearings for more than just oversight . th're so ting e ti toiai presidential politics. >> against a risinginflation under president biden was to blame . >> bindings reckless spending caused a 40 year high inflation and the country as well as the bank experienced tremendous loss . >> while democrats in the problems on former president from. >> officials know their predecessors rollback sections like capital liquidity stress test rubber deposit limits and even basic supervision . eenlstig hted those ban . >> democrats say they plan to try to pass the oversight law. >>. >> the fcic is compiling a comprehensive review of bank failures that it will report to congress no later than may 1. we will also include options that congress will be able to take up to prevent any more bank failures from happening again. we're here on capitol hill, i'm skyler henry. >> locally we learned the lesson with this one we're

.$8 biion w cannot afford to leave behind let's expand medicaid now.cheers and applause] another important group that has frequently calls for medicaid expansion is law enforcement offirs. they witness every day the consequences of people who ed mental health care instead of handcuffs jails are our biggest mental health facility that is a problem we need to solve we need law enforcement to focus on protectingur communities and there i more we can do to reduce cme and keep communities safe while making re the criminal justice system operates fairly and without prejudice. task force on racial equity and criminal justice offers smart solutions for officers to intervene and i'm glad this legislature took action on the recommendation to pass a bipartisan bl that i signed let's continue that important work as there is more to do and let'snvest in resources toecruit andetain more law enforcement officersnd support them with better pay and better training they deserve. [applause] and let's take affirmative steps to make life safer for everyday people by keepin

and the excutive branch to put protective measus in place whereby our bureacraci would not send out biions o llars fraudulent payments in manners that are shocking to americans when theare revealed. so, i'm advise now and i'm going to askr. l marnd mr. turner to respond. i am advised that largely regarding covid payments that e systems were not used, a new us, or set aside. for what asons, and do not know. that the socialsecurity sytem, social security ministration death record system was not utilized to filter payments before they went out. we are talking about rponding, as a congress. working together with the executive branch to proct against this ever happening again. doesn't appear that the protections that we had a place where utilized to stop it from happening this time. mr. turner, please respond. >>i tnk pa of the pblem is states were inundated. some stateso not participate in the integrated data, which has access to the master file. that is part of the problem >> let me interject, mr. turner. not to cut you off but to stay in this dialogue because the american people are watching

america's second-largest dog y company and part of a $100 biion a year business.e than 120 years, jack daniels has used a distinctive square bottle adorned with old number 7 and tennessee sour mash whiskey. beginning in 2014, selling a squeaky dog toy -- a replica of a jack daniels model that proclaims the old number 2 on your tennessee carpet. >> a hilarious dog tour that will have everyone talking. john: part of their silly squeakers line. it says it is a playful parody. jack daniel sedin could confuse consumers into thinking it is their product. so now this dog toy tug-of-war has gone to the supreme court. questions the justices are being asked to decide is windows parody crossed the line from protected free speech to trademark infringement? free speech advocates lined up behind the dog toy company. defending parody as a recognizable form of social commentary. company such as nike and campbell soup support jack daniels, sing notable trademarks need protection. >> we will hear an argument this morning. john: the justices worked through the competing interestsin

. >>3.4 biion o stock buybacks last year andey are planning to do more this year th's money that couldd s have gone to hiring inspectors and putting more hotbox detectors along its rail linesnd having more workers available to repair cars and repair tras. norfolks, southern's profits hae gone up-and-up and look what happened. the ntsb is concted apecial investigation into norfolk southern since decber of 2021 including ree accidents that resulted in the death of a norfolk southern employee. if norlknt southern had. more attention to safety and a little less tention to its profitsnd cared more about the ohioans along its tracks and less about executives and shareholders tse accidents may not happ at all. the conductor and union member was killed on the job. norfolk southern's responsibility is to keep rkers safe in this cpany is failed to do its job over and over and over. when talk to ohioans about what they want to see from this company in response to t the dister i hear two things first norfolk southern must pay for 100% to clean up every water test every hotel room every bottle of wa

some decades a, when federal government was staring a something as small as a $200 biion budget deficit, there was then a senator joe bid who warned of "economic disaster" unless congress took "dramatic action" on deficits right now. setor bin called for gting a grip federal snding d limitingts growth with a teorary government wide spendi freez that'right. including coal. he called for aeview of the necessity and efficiency of governnt proams anhe shed for changes to the budge press that would improve accounbility and make it harder for president to pass the buck. today the situation is f more dire. to borrow from the biden playbook, you might be interested in when this across-the-board budget freeze in 84 cald the grasey cas bomb biden baucus dget free pa of th sene by a o-vote margin. u mighwant tread about the work -- the speech the now president gave during the debate. unfortunately his budget proposal continues to take the nation down a path of fiscal and economic ruin. the white house referred to this budget as biden positive vision for the future of america. let's talk debt, defi

in 17 corporations pay $297 biion. last year they paid $425 billion. that is a 43% increase. we are again raising a lot more revenue because of economic. -- economic growth. i would say the tax reform worked in the spurring economic growth. those are just the facts. in youtestimony you said that the presidential budget reduced thdeficit. prior pandemic we had a deficiof $984 billion. still too much. in 2022, $1.37rillion. in 2023, projected to be over 1.5 trillion. the presidential budget now is projecting 1.8 trillion. from 1.3 to 1.5 to 1.8, how do you plan to reduce the deficit? dir. young easily,e talk about 10 budt windows. -- 10 year budget windows. looking at 2033 the presidential budget would bri down deficits by $3 trillion, nearly $3 trillion, 2.9. sen. johnson: again, year-to-year. most people looking at it ok at year on year. 1.3 trillion to 1.6 trillion to 1.8? you are actually increasing the deficit by $300 billion in 2024. u are increasing the deficit. by t way, that's a massive deficit. what do you thk is sparking inflation? causing the fed to cause a run on t

ackerman, y touched on th bill that raise the limit from $50 biion to $250 billion.lize i'asking question abt your opinion rather than facts, but in your opinion if they had stayet the lower $50 billion threshold, do you tnk at would have prevented this bank from buying long-term commitments with shorterm assets host: thanks for weighingn, justin. guest: 've thought about that queson a l this week. it ia good question. i think we do not know. th$50 billion threshold was totally arbitry. theyaid it at $250 billi which was also arbitrary. the problewith the 2018 rollback if we arlooking at that and progressed dtating with that ha made ifference , it would have changed the way the culture at the fit, if it had not passed or been a diffent level, may be bank would've managed self diffent if ihad be subject to different rules. there are not th many rules in the 20 law applied tthem. they passed the liquidity requirementsnd the stress testing. you had this cultural change that was a later touch at the fed -- aighter touch at the feand the fit a knowledge some of these rule

if they did not spend a dime it would take them 100 years to pay that $8 biion or $9 billion -- 4 trillion. -- or trillion. host: this is from time magazine. the headline is, will americans end up footing the bill for bank failures? the article says h is the response being paid for? most of the cost of guaranteeing all deposits at those banks will likely be covered by proceeds the federal deposit insurance corporation received from winding down the teedo banks, either b selling them to other financial institutions or by auctioning off assets. y cost you on that would be paid f out of the fbi see'-- fdic's deposit insurance fund used to reimburse depositors for up to 250,000 per account. -- $250,000 per account. it ipaid for by fees from partipating banks both silic valley and signature bank had a strikingly high sre of deposits above that amount. 94% of silicon valley's deposits were uninsured, as were 90% of deposits at signature. the average figure for large banks is about half that level. if necessary, the insurance fund will be replenished by a special investment on banks. the ic said

asking f another 43 biion and i just number one i don't see where those, with a plan for the previous employees are. numberwo, howo we know that these employees won't be loong into the bank accounts of our fellow americans? our friends on the oth side i'll triedo get an irs surveiance pgram into the banking system in the last congress and we scessfully blocked it but without io far as to introduce a bill h.r. 1010 prohibiting irs financial sueillance act. can we have your assurances that none of the money that is bn appropriate to the irs wil b used to implent a fancial surveillce system with the banking system snooping into the bank accounts of our fellow americans unless it is dected by congress? yes no, no do we have your commitment that you won't go around the back of congress and the movement that program? >> of course not. we require spirit tnkou i appreciate tha madam secretary and i appciate the directness of the answer. second thing, i still don't get the fact that under the constitution and the power of taxation lies with congress and get your negotiating.s. tax policy in yo

fol d th work forced into position because o incompetencend lack of preparation and lack of care biionsllars worth of assets we don't know where they were or where the a sold to russia ukraine cartel are syria we have no way of knowing. beuse it crashed march 2021. how convenient we do kw we left bmetric behind inhe addrses of the people that helped these peoe to round up and publicly murder and torture and kill. unceptable brayal. but yete're still not taing to those my friends on the other side said don't ascribe any bmee leome accotabili for t years we hing cingo this commtee heing you could have come ty were not interested in hearing from you now is because you are in charge and the chairman asked you to come but i encourage the chairman for a full committee hearing to face the people that put you in the position it's not your battalion commander's fau he did get the rules of gagement someone above him stopped that commanr fro issuing the order. .. to human dignity. her own safety and security. the biden administration dishonorable slight from afghanistan was a betrayal of our servi