in bob macdonald, they get both.e worked for p&g, 33 years, rose to the ranks after serving in the army five years, he's a west point graduate. being a cincinnati native, bob macdonald is highly regarded and revered in cincinnati for his leadership of p&g. again a ceo and veteran to lead the v.a. >> a feeling, then, in the white house because of that, it is likely he is going to be a shoo-in in terms of approval on capitol hill? >> well, it's certainly seems that way based on the statement that the white house put out. i want to read part of that, 33 inform year tenure prepares him well for a huge agency with management challenges in servicing more than 8 million veterans a year at p&g, he oversaw more than 1,000 employees with operations around the world. >> thanks so much more that latest information. appreciate that. >>> all right. now to the severe weather slamming much of the country in lake, minnesota, south of the twin cities, waters are rising and dozens of homes flooded. more rain expected later today. alexa

en.emonienc ts aairs pale by a corrosive culture, today the obama administration will nominate bob macdonald to run the company. he would take over the department serving more than 8 million veterans aear. white house aides point to his stellar managerial record. >> america's veterans deserve nothing less. >> reporter: replacing a four-star general who resigned last month under mismanagement and coverups of patient wait time. macdonald has a strongs military background himself. house speaker john boehner was complimentary of macdonald. but it lies on president obama to articulate a vision for sweeping reform. and amongst his first challenges if confirmed, looking at those returning from the wars in iraq and afghanistan. the head of the group representing iraq and afghanistan veterans says that macdonald never served in iraq or afghanistan, was not from their generation. adding he's going to have to p to speed r issues. >> peter, thank you very much. >>> the iraqi government says the military has made significant gains in the country's north as the battle for the city of tikritages r on. i.s.

bob macdonald, president and ceo of bond brand loyalty.ing up, when living good life is not good enough, that is when you get a violin-shaped pool in your backyard, which erik schatzker is not a fan of. i am ready to dive in. ♪ >>erik has been waiting for two hours. welcome back to "market makers account cash "market makers --"market makers." dollars in home renovations are being made by wall street's elite. profiling this and the latest pace. max, walk us through this. what is the most outrageous thing you found? >> i want to say that stephanie ruhle's description of my story is so much better than a distraction i could have given. >> i am your number one fan. >> the story is there is at least one violin-shaped pool. i went to it, and it is interesting. >> where is it? corners inrd westchester, where i am from. i will tell you what is interested -- interesting about the story and reporting on it was not necessarily seeing the hyper-luxurious things because i write about wall street and it is part of that. >> extravagance, absolutely. >> w