senator bill nelson, the former committee chairman, has also chosen to remain a member of this committee and he will continue to share his expertise with us. throughout its history, the aging committee has spurred congress to take action on issues important to older americans through our hearings, investigations and reports. and it has done so in a bipartisan manner. i will continue that fine tradition working closely with senator mccaskill and all of our members. this year the committee will focus on three major issues, retirement security, biomedical research investment for diseases like alzheimer's and diabetes that disproportionately affect our seniors and financial schemes and other scams targeting older americans. today we will examine financial exploitation that harms far too many of our nation's most vulnerable seniors. this committee has brought to light many schemes that have defrauded seniors out of their hard-earned retirement savings. it is deeply troubling when a senior falls victim to one of these schemes but even more egregious is when the perpetrator is a family member a

that's not going to be allowed in this authorization. >> thank you so much, senator bill nelson of florida. thank you for taking the time. >> thanks, chris. >>> congressman, did you hear senator nelson? he offered up the idea of a limited commitment of troops, to basically help with the spotting of targets by our air attack. basically not -- i wouldn't say not infantry moving into combat against the enemy. where do you stand in terms of restricting the president? >> i'm a bit perplexed by his comments. personally i think this needs to be the standard -- america should not go to war unless we're committed to do the things that are necessary to win, which means that we should not restrain our commander in chief if in fact that is what america wants to do. in that regard, the president of the united states has to show that he has a strategy that can result in the extermination of the islamic state. second, the president has to show a willingness to be committed to the cause. there will be casualties, american casualties, and as was seen from the islamic state, we might as americans be confron

senator bill nelson of florida wants to know if verizon violated any laws.spond to nelson's concerns. it says this anyone who wants to opt out of the tracking program can do so. to see reports on line, go to abc7news.com, click on "7 on your side." >> thanks. >>> coming up a leukemia patient's bedroom gets an extreme makeover. >> a bulldog: mattress discounters presidents day sale ending? get up to four years interest-free financing on the entire tempur-pedic cloud collection! and, get a queen size serta mattress and box spring set for just $397. ♪ mattress discounters ♪ >>> facebook founder mark zurichburg is stepping up his philanthropy in a big way. heap andhe and has wife are giving $75 million to the san francisco general hospital founding. the single largest private gift ever to a public hospital in the united states. the grant will help a hospital complete its newark cute care and trauma -- its new acute care and trauma center with state-of-the-art technology. >> the only trauma center in the city, no matter who you are. we consider ourselves to be th

senator bill nelson of florida wants to know if verizon violated any laws.l respond to nelson's concerns. it says this anyone who wants to opt out of the tracking program can do so. to see reports on line, go to abc7news.com, click on "7 on your side." >> thanks. >>> coming up a leukemia patient's bedroom gets an extreme makeover. >> a female announcer: when you see this truck, it means another neighbor is going to sleep better tonight because they went to sleep train's ticket to tempur-pedic event. find the tempur-pedic that's right for you and see why they're the most highly recommended bed in america. plus, get three years interest-free financing. sleep risk-free with sleep train's 100 day money back guarantee. and of course, free same-day delivery. are you next? announcer: but don't wait! sleep train's ticket to tempur-pedic is ending soon! ♪ your ticket to a better night's sleep ♪ >>> facebook founder mark zurichburg is stepping up his philanthropy in a big way. heap andhe and has wife are giving $75 million to the san francisco general hospital foundin

and the senior senator from florida, my friend, bill nelson is an outspoken advocate to preserve the florida coast and the florida economy in the face of climate change. as "the miami herald" recently wrote, south florida owes senator nelson its thanks for shining a bright light on this issue. everyone from local residents to elected officials should follow his lead turning awareness of this major environmental issue into action. it is critical to saving our region. so said "the miami herald." unfortunately, the junior senator from florida does not seem to have followed his senior colleague's lead. either in shining a bright light on this issue or in turning awareness into action. it's a little bit surprising because according to a recent "new york times" poll an overwhelming majority of americans support us taking action on climate change. including half of republicans. again, this is not that partisan of an issue once you get away from the polluter money that surrounds this building. two-thirds of respondents said they would be more likely to vote for a candidate for president or s

senator bill nelson the former committee chairman has also chosen to remain a member of this committee and he will continue to share his expertise. throughout history congress has been urged to take action and it has done so in a bipartisan manner manner. i will continue that fine tradition working closely with senators and all of our members. this year the committee will focus on three major issues, retirement security bio medical research investment that disproportionately act your seniors and other scams targeting older americans. today, we will examine the harm of some of our most vulnerable seniors. this committee has come to light many schemes that have defrauded seniors out of their hard earned retirement savings. it is deeply troubling when a senior falls victim to one of these schemes. even more egregious is when the perpetrator is a family member, care giver or trusted financial advisor. financial exploitation of older americans is a growing skpedand costing us. there are 14,000 new reports each year of senior abuse which includes financial exploitation. in as many as 90% of

senator bill nelson, the former committee chairman, has also chosen to remain a member of this committeee will continue to share his expertise with us. throughout its history, the aging committee has spurred congress to take action on issues important to older americans through our hearings investigations and reports. and it has done so in a bipartisan manner. i will continue that fine tradition, working closely with senator mccaskill and all of our members. this year the committee will focus on three major issues retirement security, biomedical research investment for diseases like alzheimer's and diabetes that disproportionately affect our seniors and financial schemes and other scams targeting older americans. today we will examine financial exploitation that harms far too many of our nation's most vulnerable seniors. this committee has brought to light many schemes that have defrauded seniors out of their hard-earned retirement savings. it is deeply troubling when a senior falls victim to one of these schemes but even more egregious is when the perpetrator is a family member a caregi

years and the automobile industry was going to improve mileage efficiency, at the end of that five bill nelson years, it's the individual would be geing more miles with less gasoline, they would be paying no more for gasoline with the dollar tax that could be used to reduce slow security taxes and employment taxes than they're paying now. without it. >> senator nelson. >> improve the roads and bridges that are crumbling. this has been a fascinating discussion for me and thank you very much. i take your ideas and try to put them into the day's politics. off setting, lowering employment taxes and going after something like nitrous oxide and that's much more difficult today because of the climate debate. getting the votes. i think about what you said, senator packwood, that president reagan was so critical in tamping down the opposition is among republicans in the house. well, how are you going to get president obama to tamp down that opposition? today, just over the kneejerk reaction to some republicans to the word. so, it's hard for me to make the transition from your success in '86 to today. a

pepsi, i incorrectly said the company had added shareholder and well-known activist investor nelson to its board. billthe former ceo was nominated to the board back in january. since then, he has best off -- backed off his push and has endorsed the management of the company. that was a mistake on my part. nelson is not on the board of pepsi. my mistake, my apologies. >> frito-lay, the snack business. i love doritos. do you like doritos? >> i don't eat doritos. i'm sorry. >> do you think your job is tough? what about the guy told to turn around yahoo!'s mobile business? we will ask him about that, next. >> on the road to an nba title. the ceo of the philadelphia 76ers is convinced he will get there. you would not know by looking at the standings. stay with us. ♪ >> welcome back to "market makers." some call it mission impossible. fixing yahoo!'s mobile strategy. or creating one. adam took over as head of mobile back in 2012. since then, monthly users have grown over 550 million while mobile revenue has doubled year-over-year. congratulations. how much money is yahoo! making on mobile? >> thanks for hav

along with a number of our colleagues on the finance committee, nelson portman and brown, introduced the ace kids acts of 2015. this bill would improve how medicaid coordinates care for our nation's sickest children seeks to reduce the burden on families who often have to travel across state lines for their children's care. as you know, children who have complex medical conditions make up roughly 6% of the children in medicaid. but account for up to 40% of the programs caused, the issue is especially challenging given medicaid is largely a state-run program and these children often need highly dedicated care in multiple states where certain specialists live. given hhs's recent focus on alternative payment models, moving away from singular service, i wonder if your staff might be able to help work with us to provide the necessary technicologicalal assistance to work through this? >> because medicaid is state based, how do we make sure that that care is both quality and affordable across state lines. >> thank you. thank you, mr. chairman. >> thank you, senator. let's see, who's next here. senator bennett. >> thank you, si

i want to bring up the four guys refocus on -- bill ackman carl icahn, dan loeb and also nelson peltz. all activist investors. if anything, why are we paying ceos when it seems like he's activist investors are the ones engineering these deals for shareholders? ralph: well can i wouldn't say these people run companies. they run money. they are a catalyst for restructurings thinking to the strategy of the company, getting leaner and meaner, as bob described. and there are really two things that have changed in the last few years. number one, they've delivered good returns. as a consequence they have been a magnet for new capital. you have a rough $200 billion of capital in various forms of activist investing, with many of the largest institutional investors putting hundreds of millions, if not billions of dollars behind them. second thing that is happening, which is probably more important than the first, is that the traditional long-only equity investors are much more open-minded about supporting activists. betty: and why do you think that is? ralph: one of the implications probably is

nelson diaz. the primary is may 19th. >>> now your nbc 10 first alert weather with meteorologist bill henley. >> it's a warmer start, but there's cold air on the way. right now the wind is light. that's going to change in a big way today. clouds are moving into the area and they'll be thickening up this morning. and we will see snow over philadelphia. it will happen during the morning hours. probably during the morning commute. but just a dusting in some spots or less. 36 degrees. there's why. it's just too warm for accumulation especially with how light it is. the westerly winds are just at three miles an hour. they'll be closer to 30 miles an hour and beyond this afternoon. waiting to see some snow on this view from camelback. there are some light snow showers in the pocono mountains. and moving into the lehigh valley too. but look at the numbers. above freezing for wilmington philadelphia northeast philly is close to 40 right now. there are colder spots. allentown is at 29 degrees. lehigh county. and look at mercer at 29. this is where the colder air is moving in. and the snow is moving in as well. slatington is 34.

bill for tougher penalties for hate crimes. he joins a field that includes lynn abraham, state senator tony williams and judge nelson -- former judge nelson diaz. the democratic primary is may 19th. >>> new at 6:00 -- saving new jersey's transportation trust fund. today lawmakers said they're close to reaching an agreement. the fund pays for road bridge and rail improvements set to go broke in july, there's no word on details of the potential agreement but lawmakers have discussed raising new jersey's gas tax. >>> police are used to seeing stray cattle ands and dogs. but officers in cumberland county ran into an unusual animal. >>> how dash cam video from an officer's own cruise keer help send him to prison. >>> would you ever want to live next to an abandoned house like this this is i'll tell you how new castle county is going after owners of long-abandoned properties. >>> we're tracking light snow that could move into parts of the area overnight. a bigger storm is on the way this weekend. a look at the timing and what it's going to bring to your area coming up in first alert forecast . >>> one person died and 20 are left homeless

i would argue that there is five guys running corporate america -- bill ackman, dan loeb, carl icahn, jack smith, and nelsonare the guys running corporate america. these deals are being prompted by activist investors. brendan: you know, earlier, we were talking about this pfizer acquisition, the idea that the big pharma companies are turning to acquisitions two feet their r&d pipe -- to feed their r&d pipeline, and dan clifton, you are nodding your head at this. daniel: if you look at earnings calls in the last two weeks, most of these are reporting earnings pressure from pricing pressure on their drugs. there is more competition, particularly in hepatitis c. we are seeing consolidation in the industry, in addition to everything that betty -- tom: what hospira, and i have no idea what that means -- i think it was a social disease. this is the products division of the venerable abbott labs. in market pharmaceuticals are going out and buying stuff -- am i right that pharmaceuticals are going out and buying stuff because stuff is where it will be in the future? daniel: that is exactly right. in addition to the

colleagues will come together and support a clean funding bill so we can make sure the resources are there to fight the threats that we face. mr. nelson: will the senator yield for a question? mrs. shaheen: i will. mr. nelson: mr. president would the senator believe that if the department of homeland security is shut down that essential personnel will be required to work but essential personnel, the following will not be paid: for the first time, people engaged in the war -- namely, the united states coast guard -- that are in fact involved in the middle east in the war along with the services from the department of defense for the first time in the history of this country, they will be essential to continue work but will not be paid? and would the senator believe that, in addition, customs and border patrol that are essential essential, as well as t.s.a., which is essential will continue to work but without pay? and that is what will happen this friday, if we do not fund the department of homeland security. mrs. shaheen: my colleague makes a very important point. i visited the coast guard station in portsmouth, new hampshire, on frid

bill in 2013. the house plans to vote today. a full vote could happen tomorrow. >>> also happening today, the philadelphia teachers union will hold a forum for the candidates for mayor. lynn abraham nelsonz jim kennedy doug oliver and anthony williams have agreed to show up. the forum is only for members of the philadelphia federation of teachers. it happens at the sheet metal workers union hall on columbus boulevard at 4:30 p.m. >>> a north philadelphia family is hoping someone can bring their dog home. they believe it was stolen right from their front steps. seven-year-old chauncey is a missing pet there. farrah samuels says she let the pomeranian out on thursday at their home on the 1400 block of north seventh street. chauncey disappeared. a check of the landlord surveillance footage shows a woman carrying the dog away. >> we just wish that whoever has our dog would bring him home because he means everything to us and he's our family and he doesn't deserve to be stolen like that. you can't steal's family. >> the samuels' say chauncey has a health issue and needs constant care. he was micro chipped and was wearing an aqua collar with scooby doo on it. if you have seen chauncey call th

along with a number of our colleagues on the finance committee, nelson, portman and brown, introduced the ace kids acts of 2015. this bill would improve how medicaid coordinates care for our nation's sickest children, seeks to reduce the burden on families who often have to travel across state lines for their children's care. as you know, children who have complex medical conditions make up roughly 6% of the children in medicaid. but account for up to 40% of the programs caused, the issue is especially challenging given medicaid is largely a state-run program and these children often need highly dedicated care in multiple states where certain specialists live. given hhs' recent focus on alternative payment models, moving away from singular service, i wonder if your staff might be able to help work with us to provide the necessary technical assistance to work through this? >> we look forward to addressing that issue that i think you are articulating, that because medication is state-based how do we make sure that that care is both quality and affordable across state lines. >> thank you. thank you, mr. chairman. >> thank y

jeff simon with some interesting commentary about how nelson pelt is going after some of the winners. he's got bill johnson on the board at pepsico. let's see what happens there. >> we talked about that a lot as a trend in activism. where the downside doesn't appear to be as great. that being said dupont has absolutely migrated, i would argue, from a battle to a pitched battle. >> yes. >> whatever that means. >> remember the geneva convention outlawed chemical warfare. >> yes they did. >> just want to let both participants know. some of the worst -- >> war crime. >> let's hope it doesn't come to that. >> given the fact that it's a chemical company. >> i understood the allusion. >> i got it. >> hoping it doesn't come to that. >> on that note, that's a nice way to start a monday. pulitzer prize-winning columnist jim stewart and iron chef winner geoffrey zakarian. they played a visit to mcdonald's. we'll get cramer's reaction what dick costolo said on or air. dow is up not a percentage point for the year but one individual point. a lot more "squawk on the street" from post nine of the nyse when we com

nelson peltz to daniel. these are the big famous names that get involved. but arguably, one of the most active of activist investors has been billman. ackman sat down with fox business' dierdre bolton in a long ranging interview. i thought this was fascinating. great to see him on the network. dierdre: great to see him on the network. you would find this particularly interesting because ackman is a long-time believer and admirer of warren buffett who you did that fantastic interview with. it's the more traditional meeting the next gen. he said i actually wish people would think of pershing square as a holding company as berkshire hathaway. >> i asked warren buffett about activist investors, i've known from interviewing him, he doesn't like these guys. he thinks they're in for the short move and they're not long-term investors. >> that's where ackman makes this compelling case. listen, there are numerous positions we've taken where we are in it for the long haul. in essence, he's saying that doesn't apply to us. you can't paint all activist investors with one broad stroke. the one thing i spoke about was the legality of some of t

>> i just think that bill ackman and carl icahn, they don't get into -- icahn had a problem to be dealt with. he's targeted some good situations. nelson scare up the antics. >> hold on. i could look at nelson peltz and look at the heinz situation and say i had created enormous value. long-term value. >> i think they had a pretty good ceo in there with bill johnson. in fact peltz kept him and celebrated when they were on course. it's so confusing as to why he'd want to split anybody like pepsi up and going the opposite direction. obviously we're seeing consolidation. that was already happening in food. there are other food players it's going to happen with. i mean he's underperformed most of his target companies like dupont if you look back at the last five years. he's underperformed. dupont. and in fact you see that he's trying to kick up dust here. i think as a reputation building. as an attention-getting mechanism. but he actually -- what's he know about chemicals going into dupont? he took a company into bankruptcy. >> you're saying -- why do you say he has underperformed dupont? he hasn't owned dupont for five years. >> if you loo

nelson: madam president, i want to talk about the necessity of having an appropriations bill for the department of homeland security and the fact that it is being held up over the issue of folks down in the house of representatives that want to not appropriate money for the actions that the president has taken in trying to improve a dysfunctional immigration system system the fact that this is happening, holding up the fund funding for the department of homeland security appropriations is absolutely ridiculous, in the opinion of this senator. now, the fact is, the clock is ticking because the funding runs out in just a couple of weeks february the 27th. well what does the department's name imply? keeping the homeland secure. so in one regard that means cyber attacks. well doesn't it occur to someone that we have had an extraordinary number of cyber attacks recently? most everybody will remember sonnysony. people were attacking us because they wanted to stop the expression of free speech in this case with regard to a movie that the sony company had produced and because they got in and

colleagues will come together and support a clean funding bill so we can make sure the resources are there to fight the threats that we face. mr. nelson: will the senator yield for a question? mrs. shaheen: i will. mr. nelson: mr. president would the senator believe that if the department of homeland security is shut down that essential personnel will be required to work but essential personnel, the following will not be paid: for the first time, people engaged in the war -- namely, the united states coast guard -- that are in fact involved in the middle east in the war along with the services from the department of defense for the first time in the history of this country, they will be essential to continue work but will not be paid? and would the senator believe that, in addition, customs and border patrol that are essential essential, as well as t.s.a., which is essential will continue to work but without pay? and that is what will happen this friday, if we do not fund the department of homeland security. mrs. shaheen: my colleague makes a very important point. i visited the coast guard station in portsmouth, new hampshire, on frid