due to dodd-frank's wall excessive outs. regulatory burden, big banks are getting bigger while small banks and credit unions are disappearing. they have only been six new bank charters since dodd-frank, a drastic decline from the 170 on average per year before the bill. in fact, 43% of the banks with assets under $1200 million have disappeared. -- $100 million have disappeared. large banks survived because hey can afford armies of lawyers to understand dodd-frank regulations. in 2010 goldman sachs c.e.o. even suggested his bank would be among the biggest beneficiaries of dodd-frank. but for community banks with community budgets the effects of the law have been devastating. dodd-frank also failed to address the too big to fail problem. under the new law, big banks are -- under dodd-frank big banks are growing larger and taxpayers are still responsible for bailing them out. furthermore, dodd-frank has made access to banking and credit more difficult for average americans. since the passage of the bill, bank fees have increase

and dodd-frank made it worse. it actually codified bailouts into law and made taxpayers a slush fund. and on top of all that, the regulations it created, we all know were just ridiculous. why is it that the rich and powerful get to gain the complicated rules produced by their friends in the bureaucracy while everyone else faces a mount -- mountain of paperwork that no human being has a chance of understanding. and we all know that's not fair. all this ends up is boxing out small business owners and normal americans who can't hire lawyers to sift through it all. the choice act levels the playing field and makes both wall steet and washington accountable so that their bad decisions don't cost the taxpayer their money. and it makes things simple so you don't need an ivy league law degree to understand the rules that govern our lives. now america is a nation for the people. everyone has a shot. everyone should be treated the same. everyone has a chance to succeed. the choice act brings us a little closer to that ameri

and dodd-frank made it worse. it actually codified bailouts into law and made taxpayers a slush fund. and on top of all that, the regulations it created, we all know were just ridiculous. why is it that the rich and powerful get to gain the complicated rules produced by their friends in the bureaucracy while everyone else faces a mount -- mountain of paperwork that no human being has a chance of understanding. and we all know that's not fair. all this ends up is boxing out small business owners and normal americans who can't hire lawyers to sift through it all. the choice act levels the playing field and makes both wall steet and washington accountable so that their bad decisions don't cost the taxpayer their money. and it makes things simple so you don't need an ivy league law degree to understand the rules that govern our lives. now america is a nation for the people. everyone has a shot. everyone should be treated the same. everyone has a chance to succeed. the choice act brings us a little closer to that ameri

big banks don't trash dodd/frank.big banks hate this bill and little banks and credit unions love it.people s if you want to know where people stand go to youran small community bank or credit union and ask thembout dd and they will give you any your full then ask them do you like the choice act? they will give you a small slow clap do what is right 10 ad and joined to gather the passage for the little guy has his. >> he asked who does not support this bill? i will tell him. civil-rights group, of federal rights group, pension plans and company shareholders we have also received a petitionom urging no vote from more than 220,000 concerned americans and a a r.p.. that is who opposes the bill. i yield one minute to a senior member on the committee.ai >> the gentleman from california. >> this bill contains 12 measures that has wide democratic support unfortunately they have been held hostage and added to a bill that contains the pharmacy the gentleman from new mexico points out dealing with manufactured housing and suppo

host: does it end the idea of too big to fail, that dodd frank, was sort of a centerpiece of dodd frankguest: i think their theory of the way to tackle too big to fail is that congress needs to stand a firm line that they will never bail out big banks, and it removes the powers that were in place after the crisis to allow bear .tearns to fail if you have congress and the president commit firmly that they will never bail out the banks and thus we do not need , but theer protections part of that is i do not think george w. bush thought they wanted to bailout banks in 2006 and 2007 yet they started doing it once the crisis happened. host: the choice act was passed this week, a little under the radar because some other things were happening in washington. tell us a little bit about what that does, what specific areas of the dodd frank legislation does this act, the choice act undo? guest: one of them is a pretty massive overhaul, this -- the consumer financial protection bureau. it brings up the authority to enforce certain types of actions so they would have a much more fragmented enforcem

we enacted dodd-frank. critical reforms to protect hardworking americans and to assist, insist on accountability from wall street. the consumer financial the cfpb has returned nearly $12 billion worth of compensation to 29 million wronged americans, any of them seniors. many of them seniors. with this bill, the republicans would undo these safeguards, take our country back to the days of massive taxpayer bailouts. we cannot let that happen. our republican colleagues have named this dreadful legislation, this wall street first legislation, the choice act. the choice act to prey on investors, to prey on consumers, to prey on taxpayers. that's the choice they want to give the financial institutions. but let's look at the choices it represents. instead of protecting consumers, republicans choose to help those who try to cheat consumers. instead of protecting seniors, republicans choose to help those who prey on their retirement savings. instead of protecting men and women in uniform, republicans choose to help

in reality dodd-frank was dodd-frank has made it more difficult for hardworking taxpayers to secure a future for themselves and their children by denying them the economic recovery that they deserve. let's be honest. dodd-frank was an agenda waiting for a crisis. so many issues not related to economic stability were crammed into this flawed law that it now big banks have gotten even bigger and small banks have disappeared at an alarming rate. even worse, dodd-frank enshrined too big to fail, and frankly put in place too small to safrpblte enough is enough. in -- to save. enough is enough. we must enact commonsense regulatory reform and restore accountability to wall street and to washington. the house financial services committee achieves this goal through carefully crafted financial choice act which we're debating here tay. the financial choice act eliminates dodd-frank's one-size-fits-all regulatory structure that has strangled community financial institutions with overly burdensome regulations that were meant for the largest banks in america. by enacting the choice act, community b

and -- would not agree with dodd-frank. agreed that some of the things put in there after the fact should not have been put into. so no, i don't agree with all of it, but it is what it is. unfortunately because dodd-frank, well, volcker was one of them, but it is what it is. i have to deal with it. that is the law of the land. it has been interpreted. the only thing dodd-frank did is that it is not a legislation that says x. it basically says make the system better. do what you have to do to do it. the regulators have a huge amount of authority to interpret these rules. so the system is better. dodd-frank is partially responsible, but dodd-frank was passed 100% democrat, 0% republicans. and none of us can possibly say you can't make things a little bit better. so one day, people, rational people should sit down and say, what parts work, what parts didn't work, what should be changed? i am not in favor of throwing it out and starting from ground zero. a lot of good work was done and there were a lot of flaws that needed to b

the rule of codified by dodd frank that have left taxpayers on the hook for too long.ultimately, the financial choice act is a jobs bill. when it will bring hope back to main street. it is easy to talk about the economy and regulations as a series of numbers. it is easy to talk in vague terms of job creators and small business owners. but what is far more important is identifying the problems that they actually face and actually doing something about those problems to help make a difference to improve their lives. that is what this choice act is all about. it is why we were sent here. to look out for people that work hard and do the right thing. let's get this done for them. let's get this done for the people who take the risks. live and breathe their work.

>> number one, the big banks gotten bigger under dodd-frank. underers have been harmed dodd-frank. too big to fail. community banks support what we're doing. wall street banks said it's very function in our economy. they opposed the bill. de--respect to deregulation it's about smarter regulation. choice act is about smarter regulation. we increased the penalties for doing. for fraud and deception and insider trading. we make sure that we respect due process. we respect checks and balances within our constitutional system. longer have bureaucrats that make the law that impose discretionary views. we will have again the rule of thein america so that economy can grow. again, it's about smart regulation. about.what this is >> if you're a banker on wall communityif you're a banker in des moines, what is the time line for when this will through thee senate? as you know, the senate tends to move a lot slower. you received assurances? have you talked to white house youvice president, have received assurances that this will happen this year. when this move through the senate? >> i never use

sessions,re is pete "dodd frank was a disaster. that shackled our economy to the chains of bureaucracy." tom rice from south carolina, "this will restore small business the right to capital. yesterdaythe reaction to those news events happening besides the comey hearing. headlines from usa today, 430 $5erball jackpot -- million, the eighth largest in history. speaking of money, $23 million forhe amount being spent the democrat in georgia.

s dodd-frank replacement bill heads to the house floor, in particular on the consumer protection bureau. what would the g.o.p. bill do? guest: the republican argument is that the pendulum swung too far. the idea is to lessen the burden of the rules, and that will create economic growth. how do you prevent a crisis? well, the republican argument there is to eliminate some of the government authorities that they thought created bad sorts of investment that led to the crisis into increased market discipline. the centerpiece of the plan, the reason it's called the choice act is because it would give banks the option. if they hold more capital if they maintain a higher capital level, they get out of more regulatory rules. meaning you're substituting investor discipline, investor oversight, people with skin in the game for regulators. host: it would seem with the cfpb that's had some success and republicans aren't proposing gutting it completely, they just want to rein it in? guest: they would take a lot -- away a lot of its authority. they would transition it from being independent agency th

the dodd-frank law. into law the ability to designate financial firms too big to fail backed up with something called the orderly liquidation theory that has almost a blank check from the u.s. treasury. so yes we are still in the bailout business and the proof is in the pudding. the big banks have gotten bigger. after dodd-frank. >> you've heard from experts who have suggested that without that provision, we could put ourselves in real harm's way if, in fact, we do get to a point where we have to -- where we have a major bank that's falling out of league? >> one, i believe that an ounce of prevention is worth a pound of cure and that's why we need market discipline and that is the appearance and reality of having your own money at risk as opposed to the taxpayer money at risk. if the big banks are bigger so in many respects dodd-frank is making the system less stable we want to prevent it in the first place. >> if this was passed and the senate was signed into law by the president what do you think would

we have all of the dodd-frank reforms to protect. i'll be on the floor three days this week fighting against the bad choice act, that would undo all of the dodd-frank reforms. don't forget, we are in a recession in this country, almost a depression. because of the way that wall street treated our financial services with these exotic products they put on the market. the predatory lending. dodd-frank reform was put together so that would never happen again. but now with the leadership of trump, who -- in one of his executive orders instructed them to review this and to basically undo it, they're coming with this comprehensive piece of legislation, they call the choice act. we call the bad choice act and we're fighting it. we're helping to educate people about why it is so important to have dodd frank reform. in the dodd frank reform, we have the consumer financial protection bureau. i want to tell you, that's extremely important. prior to the reform we didn't have anybody looking out for consumers. and whether we talk about payday loan

barney frank helped introduce the dodd—frank act after the banking collapse of 2008. place it. mr frank has been speaking to the bbc‘s mariko 0i. what they are talking about undoing are the rules that keep large inch ocea ns are the rules that keep large inch oceans from getting so indebted that the government is faced with a choice between paying taxpayer's money to bailout their debts or letting them go under and causing a crisis. but do you agree with some of the proposals made by the choice act? you yourself said there were some mistakes in the dodd—frank law you would like to change. some mistakes in the dodd—frank law you would like to changelj some mistakes in the dodd—frank law you would like to change. i do believe that the $50 billion level we set to be in the super jurisdiction was too low. that was a mistake we made of the time. there isa mistake we made of the time. there is a bipartisan coalition ready to raise that. i think the smaller banks and the 10 billion should get some explicit relief. there were rules we didn't think would apply to them. in fact

coming from dodd-frank. david: they're trying to push the president's agenda through a fog of all these investigations. president trump hosting an infrastructure summit right now with gernors andayors at the white house. the president predict his infrastructure plan would quote, take off like a rocket ship. together we'll make america great again. scott, is it conceivable through all these investigations they could pass a infrastructure plan which will be very expensive, and really transform the fixture, the great roads and railways and bridges of the united states? that is a big order. >> it's a big order, david. as time goes by, you got to feel like a lot of this agenda is slipping away. you know, i think every day or every week we find out that even though the congress is so republican, right-denominated or at least demonstrated that on the elections, it is not working out in trump's favor. as these agendas keep getting put off, you have to wonder if things will get on track before gosh, 2018 which is rea

it was set up by dodd-frank.upervisors the consumer lending industry and designed to protect consumers. >> literally the consumers. this is the agency that then punished wells fargo from their marketing scam, though, it was journalists, it was financial journalists from the l.a. times that were the first to notice it. yes, these agencies need to be better, smarter, more streamlined. so the question is what's the actual plan? it cannot be let's do away with it. when you do away with it, you know what the financial industry does, pushes and pushes and pushes. >>> we have to move on, besides infrastructure and deregulation, president still wasn't busy saying he can jump start america's economy with big tax cuts. well, we have known this. that is the republican orthodoxy. one of the major test cases for this specific thing it exploded. >> kansas governor sam brom beck, the man you're looking at right there. he slashed state income taxes in 2012. what he called a real live experiment. this week his own gop dominated s

david: are you in favor of repealing dodd-frank?ames: that is a terrifying thought to start again. what will replace it? the world doesn't want the large banks to be unregulated. david: you have been a ceo for seven years. that is pretty long. james: what are you telling me? [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? james, thank you very much for doing this. james: honored to be here, david. david: you have an accent compared to me. maybe in australia, you don't have a knack sent, but you have an australian accent. i assume that is because you grew up in australia. james: it is. and it is also a measure of me being tone deaf that 30 years, i have not

got a bill ress is dodd-frank. run wild. was -- this bill, it repeals right back era, 850 billion they want to take from the poor and give to the almost the same situation, where we're heading them running wild. host: thank you for calling. dodd-frank, something we touched on earlier. other one was the debt ceiling. guest: that is always an issue, very year an annual issue that sparks a lot of debate, government shutdowns have been issue.ned and over that explain the debt ceiling timing, need oes the debt ceiling to be increased and where is congress on it right now? secretary sure mnuchin told congress he would like to see the debt ceiling august recess. i think i saw something this morning he does have a backup in case that doesn't happen, but that is what they're shooting for. the issue, kind of similar to he government funding issues, where because you had such hard lined conservatives in the house, you're often going to eed some democrats to get to the right number. to forceemocrats going concession, some messaging they

. >> and changes to the dodd-frank act. >> and today, today we released a report titled was the cop on the beat? this is regarding the cfpb's wholly inadequate role in investigating the wells fargo fraudulent account scandal. we have received numerous records from both wells fargo and the occ and others that indicate that the cfpb was asleep at the wheel. >> c-span programs are available at c-span.org, on our homepage and by searching the video library. >> the senate gavels and today at 4 p.m. eastern, in about ten minutes, to continue debate on moving forward on sanctions against people and companies that help iran develop a ballistic missile. senators to vote on president trump's picked to be assistant secretary of defense for homeland defense and global security. live coverage of the senate when the gaveling. until then a look at what else is coming up this week on capitol hill.ue >> host: taking a look now at the week ahead in congress andta at the white house. should be a busy winter i guess at the table are cameron easily who is a senior reporter for the morning consul, good morn

they are being crushed by the costly rules imposed on them by the dodd-frank act. this law may have had good intentions, but its consequences dire for main street. >> reporter: that being said, this is a first draft of a dodd-frank replacement, and it's far from the final draft. he's changes that senators, moderate republican, as well as democrats, which will need some votes, you need 60 votes to get a financial reform bill passed in the senate, will be looking to make when they actually take up financial reform at some point in the future. first of all, you're going to see some of the big bank, not necessarily getting the more lax treatment this smaller banks are treated with. the larger the bank, the more scrutiny is stepped up on that. second of all, the senate does not want the wholesale changes to the consumer financial protection bureau that the house currently espouses. the senate does not want to e eliminate stress tests, but could potentially modify them, and, timely, the current draft of the house bill calls for repeal of the house of labors few di fiduci

i think there's good things in dodd/frank.ngs in the choice act that aren't so good. buried in there is an exemption for pay day lenders. i don't know why we want to suddenly deregulate the pay day lenders. i think the structure is unlike anything else in the government. taking a look at the structure, seven years, a huge bill, hundreds of regulations. it's time to really say wait a minute. what's the impact here? is it restricting banks and what's it doing pushing things out of the regulated banking sector that are unregulated and i think nobody has really thoughtfully examined that. so i think seven years later it's a good time to review the whole thing. >> there's this expectation that washington will still have a very heavy hand over the largest banks but there seems to be a sweet spot for companies with between 10 and $50 billion in assets. you're one of them. are you operating with an assumption there's a ton of regulation lifted off the way you operate or wait and see what comes out? >> you clearly want to wait and see.

they certainly cannot count on congress to repeal dodd-frank.mature off the table considering the way those fall in the senate where democrats you know, have a lot of clout to stop things from happening. fed, places like the office of the comptroller of currency, the fdic, agencies we do not think very much about all the time, that is where true power lies. and if things will get released, it is much more likely to come out of those agencies than it is from congress. alan were just talking to about the lack of staffing and many government agencies. is that also the case at some financial revelatory agencies and does that slow down the process to some extent? >> yes, the trumpdministration was incredibly slow to staff these agencies. it is a must like they did not thatze in the early days most of the dialing back would happen at the regulatory level. they did not make enough of a priority to start filling those posts. i think wall street vocally communicated to the trump administration, forget congress, we need people at the fed who can dial back

p are a lot of it is not so much on the dodd-frank but the leverage ratio.t is a big issue for us. when you go to dodd-frank, it is compliance and a lot of this is duplicate compliance. it is not healthy for marketplace. when it comes to dodd-frank, the people that originally wrote the rules, i said it to you before. after congress approved it in 2010, the interpretation of what congress originally voted on might have been a little over the top. start to see modification spiral writers and hopefully we can continue to grow the financial services business around the world. project where they have been seeking public input on rules and regulations and practices to see what can be simple fight. i want to ask you if there are any specific rules that you think should be examined and rings them and and less of a drag on trading and the overall economy? >> a really simple one. if -- a simple one would be my comes to the proprietary trading amongst banks and the -- -- not in debt and derivatives, it makes no sense whatsoever. we have got to keep deep pools in liquid

that also goes for dodd frank, by the way. those efforts cannot come quickly enough. if our goal is to reestablish an america where freedom, opportunity, prosperity, and civil society flourish. part and parcel of that america is when americans get to keep their hard earned money. when washington takes less. not only does that leave the politicians and bureaucrats with fewer resources with which to meddle in our lives, but it us -- gives us more resources to get the economy humming again. that is why tax reform is every bit as important as the repealed -- the repeal of obamacare, dodd frank, or getting out of paris. it is not easy. we know what we want. we want lower tax rates. we want to remove the tax penalties on saving and investing. we do not want to burden america's businesses with heavy taxation so that they become noncompetitive. fairness, transparency, and simplicity. a lot of folks have ideas on how to achieve these common goals. unfortunately, these differences too often the come barriers to success. her oury cannot allow ancillary issues to derail us from o

before we get to dodd frank i got to and you what did you make of today's hearing?ogress any further with an investigation of the president, mr. cuss stauf? >> i haven't followed any of the testimony today i haven't watched it. i have been working on the annual choice bill that we're going to vote on this afternoon. i haven't watched or read thinking so anything you tell me is going to be news to me. >> representative kelli? >> i read the written testimony yesterday i have been following just on social media what's going on today. it's troubling but i think the most important thing is we get the facts and not rush to any kind of judgment. the american have the right to know the answers to all the questions that have been posed and congress should act after all those facts have been gathered. >> okay. despite everything else that's going on, we have two of our elective represents still working. you guys do disagree about the choice act. representative kel b i'll start with you. what is the argument against it? >> first of all to be clear, i acknowledge it and i know

that is because of dodd-frank. >> thank you, dodd-frank. may have another? say, these stress tests they passed it does suggest the financial system is out of the mess it was in 2007 and 2008. our financial system are on pretty firm footing right now. >> it is certainly better, but it is certainly better, stuart, we have more capital. the question is, do we have enough capital? what we've done in the financial choice act, give financial institutions a choice, thus the name. for any financial institution post 10% assets, you get a dodd-frank off-ramp. with replace regulatory micromanagement for market discipline. which i define having appearance and reality of your own money at risk. after the crisis we'll clearly have more capital come into the system but we also have a federal reserve that is paying above market interest rates on excess reserves, that in many respects may be taking capital out of the a system that could be used to fuel the economy. so, you know, in some he respects maybe the economy is a bit more secure but i still question why is it that th

we will pass substantial dodd frank reforms.i'm conis vinced under the leadership of senator kra poe. and so some of the things you alluded to are going to happen. what i fear most, just an observation, again, you've answered most questions by your presentation, is that i will say, let me just guy digress for a inspected under reagan, no doubt the '86 law one is we all look at and certainly admire the economy that took place under reagan. >> i will say the national debt doubled and we never got things under control. the national debt doubled and we became the mantor for republicans became, unfortunately, deficits don't matter anymore. and so somehow or another, with your leadership and coming into caucus meetings and all that we've got to figure out a way to not just do the sugar side of this but to do the spinach side and i'm going to tell you right now i see no evidence whatsoever, no evidence of us being willing to deal with the spinach side of the equation. so i think we're in a hell of a mess right now, hell of a mess, and

we're repealing and replacing dodd-frank today. we have been working on the problems that american people are facing and delivering on the promises that we made in the campaign so we can improve their lives, and that is why the president is frustrated, because these are the questions being asked? while there's a lot of work to be done and he wants to commit -- wants to keep his commitments to the american people to fight for them that and that's what we're folk used up here. now your health care question. >> i'm interested how closely you're watching the details of the senate. they've been tossing -- where are you in terms of what could come back sneer go to conference? just pass whatever they do. >> i'll reserve jolt on whether we go to conference or not. just want them to pass a bill. look -- >> even if it largely disman towards changes what you did? >> well, reconciliation can only let you do so much so i'm not expecting massive changes because of the reconciliation rules. its took a long time for the -- just to tell us our bill

. >> what it is dodd frank and how the house republicans want to change that?. >> the bill passed after the financial crisis that basically fundamentally change the federal government monitors and regulates the banks in response to the failures after the financial crisis and they were installed

so, how is dodd/frank holding them back? many parts of dodd/frank haven't even been implemented yet. >> right, and that's the argument, that they haven't really made those changes yet. >>> dennis rodman arriving in north korea. yes, the former basketball player, dennis rodman, but why? here's what rodman told cnn about whether president trump approves of his trip. >> well, i'm pretty sure he's pretty much happy with the fact that i'm over here. >> okay. >> trying to accomplish something that we both need. >> what is he trying to accomplish? we'll have more on rodman's visit, next. >> some kind of product placement. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insuranc

however, the house may vote to dismantle the dodd frank legislation. a republican bill would roll back financial regulations but would have to get through a skeptical senate to become law. speaking on cnbc, barney frank reacted to the rollback of his regulation. >> it's not a lighter regulatory choice in some areas. it's no regulation. and no, i don't think it's good news or the banks. not all banks want this. i don't think it was good for the banks when we had the crisis we had in 2008. part of the problem when you have nos rules is even those banks that want to be responsible are driven by pressure for shareholders. we had loans that shouldn't have been made. other institutions then sold those securities and incurred the debts that will happen if the securities went bad. the securities went bad and there was no money to pay off the debts. so they went to the republican administration, the bush administration in 2008 which bailed them out. what they say is in our bill that's not the law, no, you can't make those terrible home mortgage loans. secondly,

kevin: and with the dodd frank bill, what is the timing when the senate committee will take up the dodd-frank don't have a timeframe yet, but it is one of the top two priorities. we are calling it economic growth and we are encouraging input from all across the economic sectors in the united states to give suggestions as to how do we achieve stronger economic growth and america. becomingy burdens are one of the biggest drains on our ability to have rater -- we have now received that. the banking committee's website has that on it or the public to review. we will build a strong package including a dodd frank reforms as well as additional reforms. , so is a large undertaking we will not be done in a week or two, but it is something we are working on aggressively to get it ready as soon as possible here. david: that was a senator mike crapo. coming up, live coverage of jeff sessions' testimony. we will have that on bloomberg television and radio beginning at 2:30 p.m. the whole complement of senators in the senate intelligence committee will be there asking him questions about the russian involv

there is still a question about dodd-frank, will congress get around really reforming dodd-frank? that will add another boost to the financial stocks. >> good to have you on the pr ogram, mike regan. let's go to first word news this afternoon, mark crumpton is here with more. mark: president trump and south korean president met at the white house for the first time president was elected great speaking in the rose garden, president said the alliance between the two nations is an important one. more than six-day gates after our partnership was forged in the fires of war, the alliance between the united states and south korea is a cornerstone of peace and security in a very dangerous part of the world. mark: the president went on to say that the error of quote, strategic patients with north korea has failed. a scaled-back version of the present' ban is now in effect. authorities embracing the new court challenges, immigration and refugee advocates thomas to fight the new requirements. people from the six affected countries will now have to prove a close family relationship with someo

multiple studies show that the dodd-frank act has hindered economic growth. one study estimates that because of the overregulations we have seen since the 2008 financial crisis, there are 650,000 fewer small businesses than there otherwise would be which would have provided 6 1/2 million new jobs, that's 6 1/2 million people not utilizing their god-given talents for the betterment of society, that's 6 1/2 million people not paying the social security, medicare and income taxes that we need to fund critical programs. some just want to raise taxes on the already burden taxpayers. i say let's get new taxpayers into the game. having more taxpayers helps us to pay for programs for veterans, education, medical research to find cures for diseases like alzheimer's and cancer, taxpayers to help fund the national defense. a couple weeks ago i visited a senior center in my district and had some very special conversations. folks told me about the days when there were lots of jobs in the factory towns in western pennsylvania. one world war ii veteran showed me his bronze

>> i think dodd frank needs a little work. it's no perfect.islation went frankly a little far. that's why we have two houses, senate will look at it -- and that's why we elect people to congress. they do what they think is right and reviewing dodd frank in a way they think makes more sense. it will be okay. >> there you go, it will be okay. former senator and u.s. ambassador to china, max baucus. what to expect from the president's own party? will some of them start jumping ship? we'll talk about that next. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something set it free. see you around, giulia of being there for my son's winning shot. that was it for me. that's why i'm quitting with nicorette. only nicorette mini has a patented fast dissolving formula. it starts to relieve sudden cravings fast. every great why needs a great how. >>> i found director comey were former director comey's testimony to be candid, to b

we repealed and replaced dodd frank. this week we are doing medical liability reform. two immigration bills. kate's law, sanctuary cities. >> bill: how could you grade the president? >> i think he is doing fine. i think the key is don't get distracted. i'm not saying he is distracted. what we are doing in congress ♪ getting distracted by different i. we are focused on doing our jobs. most of the media want to focus on investigations. those are important and getting done. they don't incapacitate us. brian: do you have a letter grade for president trump. >> i don't do letter grades u what matters at the end of the day did we do our jobs or not? brian: right. >> we are making good progress on these things. we campaigned on doing serious things with this president. it's going to take us time to do those things. brian: right. >> we get this done this will