liz: these are mortgages, fannie and freddie put together mortgages -- >> if it wasn't for fannie and0-user mortgage. what they do is buy mortgages from the banks that allow the banks to make 30-year mortgages. they do about 50% of the market. it's thanks to them. they do it, most people impacted by fannie and freddie are lower credit so working class people. it's a government -- the government feels we should have 30-year mortgages. liz: some are sponsored entities. they will pull the rug out. they don't want to prop up fannie and freddie anymore. >> they want it somewhat separate. the question is what is the model going forward. i tell you, here's part of the thing that he wants. he wants congress to establish in law what the exact guarantee is. do we bail them out like we bailed them out in 2008? that's why they are part of the government. do we bail out some of it? the other thing is he wants other guarantors to compete with them. this is a fluid situation. devil's in the details. what i gave you right now, fannie mae is down a little bit, it was down, looks like it's coming back

these villagers are securing a makeshift dam to avert flooding as tropical storm fannie crosses into their country nationwide over a million have evacuated to shelters think the dishes had been forewarned by the destruction left by fanny in india. there are a million people had already been evacuated thousands were stranded at train stations as two hundred trains came to a halt to avoid heavy winds. northeastern india is left staggering after its most destructive storm in years. deploying a massive emergency response india's task now is to clear away the trail of debris left across odisha state. teams are going everywhere we're getting reports from and helping to clear these places we've been working since morning since the cyclon calmed down. some here remember the supercycle own that struck the same area in one thousand nine hundred nine killing some ten thousand people since then india has vastly increased spending on preparedness investing in evacuation plans and meteorological technology to predict cyclons paths. over a dozen deaths have been reported but the vast majority of th

talking about fannie mae and freddie mac conservatorship. applied to come out of that, they already paid $100 billion. >> build capital, you need to be able to end the sweeps to retain earnings that's start number one. emphasize, however, still in negotiations with treasuries and looking for the administration's plan not calendar dependent it's process. >> so no win but you just lost the chief adviser on that. craig phillips just resigned is that going to slow down the process of taking them out >> i hope not. my understanding is that the report is done, secretary mnuchin and i have a long working relationship and i was with the vice president. i'm absolutely confident that secretary mnuchin and i can get to a good agreement. >> you said changing the treasury sweep would not be good enough but recapitalize by taking them public how would that work and when would that work and what would it mean to current shareholders worth about 2.5 bucks now? >> emphasize that we've been on the job about a month. looking to treasury and reports forthcoming

this is crocs equipped with a fannie pack. maybe they should call them heel packs. it's attached to the strap of the shoe. this is really cool if you happen to be wearing shorts without pockets. those crocs, this is a partnership with a japanese company called bean. >> what are you going to put in your little heel pack there? >> breath mints. breath strips. >> when you wear those biking shorts -- >> now you know what marcus looks like on the weekend. >> get that mental picture. >> if you see me, just say hi. no pictures. >> our viewers started tweeting us. >> marcus, i agree with you about the crocs. i have foot problems, and they are so forgiving for those issues. now about that little fannie pack for crocs, no. >> and that's noodles the pug, remind you. sergio says, i'm with laura on the crocs. no one should ever wear them. marcus, you're dripping swag all the time, but if i see you in crocs, i'm gonna run you up and say, what are those? >> i still like my crocs. it is what it is. >> you continue to rock your crocs. >> i will. >> fannie pack on back. >> christmas

what most people don't know is fanny lou had her own reproductive justice story. she was given a his tysterectom without her consent. her life's work inspired a generation of reproductive justice activism like jackson local, laurie. >> living legends are all over the place. >> in the street. >> yeah. >> >> fair street is history. >> he's head of the mississippi reproductive freedom fund and engaging since her teens. >> the people united will never be defeated. >> you know she had to show up at the kavanaugh hearings. i don't think as a whole we understand how much history came out of here for black people. >> not at all. >> there is certainties we focus on and jackson is not one of them. >> for all the time blue states love to crap on mississippi, the strategies that people are using to win their fights for zifrl rights and for equity and justice, without the fight of fanny lou and everyday people throughout the state, we wouldn't have all of the things we have today. >> so can you talk about how you came to this work? >> one day while i was here in jackson, i was

fanny: yo lo conocí a él y me llamó mucho la atención su caso.es a su hija y no sabe dónde se encuentra en este momento. mientras tanto, la salud de su madre recayó. andrés: ella me cayó enferma. me cayó en cama. yo miraba que no se podía levantar. ella tenía cáncer, cáncer en la matriz. y yo, pues, aportándole con dinero. no con mucho, pero con lo suficiente para--para ver si ella se podía reponer, para ver si ella se levantaba de su cama. andrea: elvira se estaba despidiendo. andrés: pasa la semana pasada. vengo de mi trabajo, la veo y la miro mal. y le pregunto: "mamá, ¿cómo estás? ¿cómo te sientes? ¿te llevo al seguro?". "no", me vuelve a responder. entonces, se me ruedan unas lágrimas. se me ruedan unas lágrimas porque, en verdad, mi madre para mí, ella lo era todo. [música] [música] nos hemos vuelto flojos, pero nacimos para movernos. ¡así que a moverse! a vivir! degree motionsense. hecho para movernos. soy multifunctional y me emociona la nueva colgate total sf. hace aún más. elimina gérmenes en toda mi boca. alivia la sensibilidad... y fo

what most people don't know is fanny lou had her own reproductive justice stolen.ysterectomy without consent. about 60% of the black women were forcibly sterilized. >> it's time for us to do something about this. >> her life's work inspired injustice. people like this. >> living legends are all over the place. >> they are just in the streets. >> this is where dorothy moore cut it. this is history. >> she's a black activist and head of the freedom fund and engaging in black roots activ m activism. you know she was at the kavanaugh hearings. i don't think as a whole we understand how much history came out from blam people. >> not at all. >> there are people we focus on. >> i like to tell people that the blue states love to crap on mississippi. the strategies that people are using to win the fights for civil rights and equity and justice are techniques that came out of the struggle in mississippi. without the fight of fanny lou haimer and everyday people throughout the state, we wouldn't have all of the things we have today. >> you can talk about how you came to this?

loans originally designed to help individual homeowners the federal national mortgage association or fannie mae and institution founded as part of franklin d. roosevelt new deal of the 1930 s. provided more than $200000000.00 in financing in 2018 to help private equity firm t p g capital by a dozens of manufactured home communities fannie mae also backed a 1000000000 dollar loan to yes communities which is majority owned by private equity firms g i c p s e r s so again you know we've also covered this theme of socialism for the elite the wealthy and the top 0 point one percent. and capitalism for everybody else only let me throw another metaphor here the idea of financial irrigation right so under f.d.r. the government built a pipeline of cash from the government to aspiring homeowners to. subsidize their home buying so using financial engineering the type that was leading from washington to homeowners was rerouted so it goes now to blackstone and then they intern cycle it through to their slums so that kind of financial engineering again made possible by lower interest rates 0 percent inte

what most people don't know is that fannie lou had her own reproductive justice story.he later discovered 60% of the black women treated at her mississippi hospital were forcibly sterilized. >> it's time to do something about that. >> her life's work inspired a activism. >> living legends are all over the place. >> just in the street. >> this is where dorothy moore -- it's history. >> lori is a black career activist and head of the mississippi reproductive freedom fund and engaging in grass root activism since her teens. >> the people united will never be defeated. >> you know she had to show up for the kavanaugh hearings. >> i don't think as a whole we understand how much history came out of here from black people. >> not at all. >> there's certain scenes we focus on and jackson isn't one of them. >> i like to tell people for all the time that blue states love to crap on mississippi, the strategies that people are using to win their fights for civil rights and for equity and justice are techniques that came out of the struggle in mississippi. so without the fight of fa

by the way you know any loan mortgage loan backed by fannie mae and freddie mac. and those are u.s. government sponsored entities and they won't back and they won't give a mortgage for any property near fracking but here's china single party rule and this is what has happened a march twenty ninth teen just a month ago china experiences a fracking boom and all the problems that go with it this is in the new york times again there's a thing called a richter scale and it's measured by geologists in the u.s. geological service have at will also backed the facts of you know maybe nato might contradict this but the actual scientists say there were three big earthquakes and douse shann in china and the locals got very angry because of the fracking operations nearby which they believe caused these three earthquakes killed two people and wounded thirteen more than twenty thousand homes and three villages suffered damage and nine collapsed completely according to a statement by the county about one thousand six hundred people were displaced forced to move in with relatives or live temporarily

i understand. >> yes. >> morgan -- don't cry contessa brewer with her shoe fanny pack the ipo set to price right on the heels of we works parent company filing to go public. and just with uber, are we at ip overload that's next. >>> welcome back to "the exchange." check out what's happening with shares of h&r block and intuit shares following precipitously on reuters headlines saying new york governor andrew cuomo called on state regulate laters to look into tax preparers for allegations and tactics that would reduce access to free tax filing returns for low-income families they've also had issue with the fact that some of these free sites are not available or visible to google and other search engines intuit as of last week changed that policy to make it more evident to the search engines but still, those shares are moving on the heels of those headlines. i should also note, kelly, we reached to both h&r block and intuit for a comment we will let you know when necessity get back to us >>> meantime pinterest, zuber and lyft are gone public and now beyond meet and uber are on deck acc

fannie and freddie still dominate the market with no real competition from the private sector.nd the taxpayers are still on the hook should another crisis happened. this is a pretty urgent problem. we are doing well with it now is it is great -- and it well managed but it is a big problem. a problem that other than government should be working. we have many geniuses looking at it and we'll figure something out but fannie and fred a could be doing better than they are doing. that is why i recently directed the department of treasury and hud to development a framework for a modern housing finance system. are you working on that, ben? i know you have some incredible talent from wall street coming in. i want to get people to do this. and one that welcomes the private sector, competition, and preservesyers homeownership for future generations to come. so, we will be working closely with congress to pass these critical reforms and we will consider taking other administrative actions to modernize our housing programs and to ensure more affordable housing to get rid of ridiculous regul

fanny had to walk around and have a coup so annoyed horrify had to. know how much you can do sit and not why. i have a funny way jeffy would do it if you would. and then measure us had the idea nickel not want to. see that kind of can all about you know he said of the one. that can make up a comic on a util card. you don't buy it and. climate change. sustainability. environmental projects. give globalization the face biodiversity species conservation exploitation be quality. human rights displacement. the global impact of the local actually. global 3030 minutes on d w. is quite as simple as it seems. to understand the world better we need to take a closer. experience knowledge to. become a double. d. to know that 77 percent blockage are younger than 6 aha. that's me and me and. you know what time all voices. on the 77 percent talk about the issues. from politics to flash from housing boom boom boom town this is where. welcome to the 77 percent. this weekend on t.w. . millions. people across europe have been voting to elect representatives to the europ

cyclon fanny has hit india's eastern coastline with winds gusting it's more than two hundred kilometers per hour it's one of the biggest storms to hit the region in decades and has claimed several lives millions of people have been evacuated from coastal areas of india and bangladesh meteorologists say the site has now begun to weaken. the united nations says north korea has cut food rations to the lowest ever level for this time of year.

news live from our land cycling fanny slams into the east coast of india more than a million people havebeen evacuated from their homes for rental rain and violent winds. of more than two hundred kilometers an hour are affecting the weather across the entire some top talent also coming up on world press freedom day we need a journalist in slovakia who says that growing right wing extremism there is a threat to journalism and the personal safety of reporters.

tlds been a lot of talk about potential privatization of fannie and freddy.these are big positions. do you think they should be privateized? >> you know, fannie mae and freddie mac are really important in our market -- in our mortgage markets and our global financial system we need to have some resolution of crisis. i don't know what's going to work out, but it's important that they're capitalize is and they continue to operate funding u.s. housing markets >> is it better -- would they be better capitalized the way they are or if they're private? without having an opinion, what would be a better capitalization structure? >> the biggest problem over a decade ago was not the mortgages that they guaranteed, but it was the private and sub-prime mortgages that came from outside of the gsc universe. nigs that passes their credit standards that is well funded is probably going to be good for the u.s. housing market. >> they got stuck with it as well >> all right the aqr, which is wufrt -- or the nq, one of the biggest etfs following reits out there. i don't want to

by cycling fanny has hit india's eastern coastline with winds gusting at more than two hundred kilometers an hour one of the biggest storms to hit the region in decades it has claimed at least three lives cyclon is also set to batter neighboring bangladesh where more than two million people are expected to be moved to safety. they knew it was coming. india's coastal state of addition was braced for the worst. more than a million people were thank you waited ahead of the storm but the coastal resort of poori still suffered extensive damage. the storm brought down trees and power lines as it moved inland in bhubaneswar odisha state capital the streets were deserted the storm left chaos behind it and although it is expected to weaken over the coming hour was still warning people to be careful along the coastline. just the people not to avoid the a.c.v. study done right because if you do know your high sensitive so you just answer the police. at the end be at it. all the local people and the viewers not to go inside the c.v.s. go to that and that is it dangerous for now it seems that the evac

your news is on fannie and freddie. charlie's twitter followers know about it. >> that was a great interview. connell: yes it was that was fascinating things when you get bernie sanders and elizabeth warren rail about greedy ceos. yes, bob iger makes a lot of money. gets some of the biggest paychex in all of corporate america. he runs the huge company. he runs it pretty well. he returns so much value to shareholders who are not a bunch of fat cat rich guys in the hamptons. these are school teacher, pension funds, cops, firemen pension funds. he makes them. he deserves the money. connell: that is the whole debate. >> when you see the breadth of what this guy runs, you appreciate it. connell: abigail disney would take note. there is the freddie mac stock heading up today. it is five cents. intraday percentage wise that -- >> fannie went the opposite direction for some reason, i don't know. here is what we do know what is going on in the trump administration. they obviously want to end the government control. they're both

lou haimer. >> i'm fanny lou haimer. >> she's a civil rights icon, the first woman of any race fromo be an official delegate at the democratic national convention and first african-american since reconstruction. in other words, she's a bad ass. what most doesn't know is she her own reproductive story. she was given a hysterectomy without her consent and she later learned about 60% of black women at her hospital were given hysterectomies. >> living legends are all over the place. >> yeah. >> lori is a black queer activist and head of the mississippi freedom fund. she's been engaging in black roots activism since her teens. you know she had to show up at those kavanaugh hearings. >> i don't think we understand how much history came out of here for black people. >> not at all. >> there are certain cities we focus on and jackson's not one of them. >> for the blue people liked to crap on mississippi, the strategy are techniques that came out of the struggle in mississippi. so without the fight of fan each lou haimer and every day people throughout the state, right, we wouldn't have all o

but then fannie and i had a civil lawsuit on income the issue and stuff in the. overhead. dr ali has invited me for lunch meals are of course the final products of the crops grown here it's a chance for him to tell me more about the life in syria he was forced to leave behind this is actually the. nice memory everybody had a role for leading because we had. failed infested by autobahn keys unit had decided to go all together the breed the. international the scientists the technicians assistant they the labors even the tea lady contributed to that day happy days it was happy days one of the most beautiful days and you're sure you'll go back yes very confident i go back. i should go back to. nothing like home. it would've been easy to write off the car to see the bank as just another casualty of the syrian conflict but the hard work and dedication of ali and his team have ensured that their work transcends the conflict and is able to continue to play a vital role in protecting global food supplies. environmental fallout of who can linger for decades but what is being done to

( applause ) meanwhile, you can now buy crocs with mini fanny packs attached to them.at's where you keep the condom, because if you're wearing these, you know you're going to be knockin crocs. ( laughter ) a terrible idea. what a terrible-- a terrible idea. meanwhile, a "gynecologist is warning women not to put garlic in their vagina." i mean, unless everyone at the dinner has garlic, then no one really notices. apparently... ( laughter ) see why i need two takes on that? apparently, some women do this because of an old wives' tale that it will treat a yeast infection, juskeenave been told to use tea bags for fertility, or bundles of herbs for toxins, or wasp nests for rejuvenation, jade eggs, steam, and even glitter. which brings me to my new public service "meanwhile" sub-segment, "no! don't put that in there!" ( laughter ) ( cheers and applause ) i'm sorry. i'm sorry. ( cheers ) where we head off the next potentially dangerous yonic fad: tonight on "no! don't put that in there." the garlic thing i was just talking about. just, i get it. it keeps away vampires. but j

the fanny croc retails for $53.hat we all sw a clip of, joe jonas and "game of thrones" star sophie turner. abc's diane macedo is with us with all of the details. where is she? there she is. smoothly than the weddings on "game of thrones," and the jonas brothers made their first award show appearance in ten years last night, but it turns out that's not the only thing they were celebrating. she's the star of one of the biggest shows on tv. he's one of the superstar jonas brothers. ♪ dancing on top of cars and stumbling out of bars ♪ >> reporter: now sophie turner and joe jonas are husband and wife. the brothers' song "sucker" which features sophie in her video is topping charts right now. they even performed at the bill board music awards last night. their first show in ten years. you can see joe before the ceremony in this video joking around with sophie's seat warmer poster. >> heard of the jonas brothers? no? okay. >> reporter: dur awards, sophie dances and sings along to the jonas brothers. her sister-in-law priy

vonnie: a resolution to the fannie/freddie question as well.ou have something else you want to share with us? kevin: president trump tweeting his condolences to the late senator cochran, but also pressing against the late senator john mccain. this back and forth in washington continues between president trump and the mccain family. vonnie: coming up, "commodities edge" with alix steel. looking at the impact of flooding and agricultural futures. ♪ the latest innovation from xfinity isn't just a store. it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. alix: crops in crisis. tornadoes pummel kansas. rain and floods rage in the midwest. the outlook for farmers who are trying to plant corn near five-year highs. oil. the fight for iran. administration double stabbing on his hard-line with iran while traders

interest. >> one of the positive things the president has proposed is privatizing freddie. >> and fanniensored entities which are behind the whole mess. >> i guess we figured it all out. [laughter] >> you and your kids details against amazon echo dock kids over allegations of spying on your children. that is up next. hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands? investment opportunities beyfirsthand, like biotech.ne because your investments deserve the full story. t. rowe price invest with confidence. what is the harm, amazon knowsÉn buy the pokÉmon for your kids, of course it knows, i think it does make a lot of people question. what is the value of having the speaker in your house besides to ask it what the weather is going to be that day. >> i think they're trying to create a situation where t

they are putting fanny packs on crocs. they are a worse idea together. what do you put in there?> lip gloss? i don't know. it doesn't seem right to me. >> id? if you are at a concert and you want no pockets. even saying croc fanny pack makes it uncomfortable. >> my 16-year-old said mom, you never understand. i never understand. you don't understand. you are too old. i will not explain this to you. it's a meme thing. i said is it a dead meme now? he said just stop. >> it's like will smith said, parents just don't understand. >> can i say something? they think we are just idiots. they think we are idiots. i think they are lame. i blame it on the bike helmets. i didn't have a helmet when i was a kid. i would have been laughed from here to staten island. >> show some respect. put respect on my name, as it were. >> who said that, ari? >> bird man. >> you go rapper and i go aretha. >> bird man said and this is fitting, are we finished or are we done? >> that's so profound. >> i'm a fan of both of you. thanks. thanks for being here. take five. being here. ta fkeive. introducing the firs

center is going to change today the arena unveiled a new bag policy clear plastic bags purses and fannie backs are okay as well as some small clutches larger bags is just hope bags camera cases, another ng be allowed. also not allowed our seat cushions and any bags larger than a foot wide or tall guests will have the option of checking any non compliance act for $5 the new policy goes into effect on july the first. >>a lot to talk about 4 tomorrow for sure yeah, a couple big games says specially the warriors will be key to couple of great playoff masculine for to feels like 3 months since we've seen the last of the of the warriors playing on the court against the rockets but it's actually been 3 days the wait is nearly over when asked what kind of response the warriors are expecting tomorrow in houston. steve kerr said it perfectly fire and fury a series of a supposed to go back and forth to give the warriors a large now g is lead. but the chance to finish th s rocket squad that has lost at home in the playoffs. ndays to win games anyways you can so you know we can chant is about having

we brought but longer securities and mortgage-backed securities backed by fannie and freddie. in pursuit of this interest rate object of the fed purchased about 3.5 of securities between 2008 and 2014. it's difficult to determine exactly how much these two strategies moved rates but longer term rates did fall as we hoped, and eventually declined below 2%. in a recovering economy such extraordinary support becomes less needed. we conceive-- we can see the economy overheat and rise. the job of deciding on the right place to scale back support involves difficult judgment and careful assessments of the risks that would be associated with different possible policy. at the start of my term with unemployment still too high, a recovery still a bit fragile, global conditions pretty weak, and the scope to cut rates if the economy were to falter, the federal open market committee charged the caution and scaling back of accommodation was in order and at the risks of scaling back too much or too quickly, exceeded the risks of moving too slowly. we ended up raising the short- term rate only

cyclon fanny has hit india's eastern coastline with winds gusting it's moving two hundred kilometers per hour it's one of the biggest storms to hit the region in decades.

ella estaba sentada en su silla con su hermana dakota fanny y de repente se desvaneciÓ. tacones porque tienen consecuencias y nosotros que les usamos todos los dÍas no medimos las consecuencias. yo me los pongo para el programa pero al salir me pongo mis zapatos de piso. francisca: yo siempre he compartido la historia de la primera vez que fui para los grammy y por llevarme unos valentino me los puse pero en una talla menor. yo creÍa que me iban a cortar el pie porque no aguantaba, me dolÍa el se me puso muy rojo. es muy delicado asÍ que no se pierdan esta informaciÓn que tendremos mÁs adelante. ahora, los famosos andar como locos y sueltos. ellos estÁn utilizÁndolos filtros de snapchat. en este caso fue luÍs fonsi y asÍ lanzÓ la canción date la vuelta. miren. [ canta] [risas] karla: me encanta y es una manera muy original de que tu tema se haga conocido y viral. francisca: se ve muy simpÁtico. Él convocÓ tambiÉn a sebastiÁn ya trae y a nicky jamy lo que estÁn intentando es crear un challlenge. karla: hay que hacerlo, fran? tienes tu telÉfono? los invitamos a que todos l

cyclon fanny has hit india's eastern coastline with winds gusting it's more than two hundred kilometers per hour it's one of the biggest storms to hit the region in decades and has claimed several lives millions of people have been evacuated from coastal areas of india and bangladesh meteorologists say the site has now begun to weaken. the united nations says north korea has cut food rations to the lowest ever level for this time of year.

one is the fed balance sheet, and other is fannie mae and freddie mac and their balance sheet. we have had no hearings about .hose two issues this year it is important we have that conversation. fed, when they announced about interest rates, that became the news. the real news is that the end of the year, i do not understand why, their long-term economic view that has not been directly answered in many media outlets and even with the new transparency of the fed and what powell has attempted to do which is built on yellen and the opens effort of public posture. i think we need to get deeper on why they are stopping the balance sheet runoff that was what they agreed upon two years ago, and has now been halted. it is a consequential decision without much public clarity. are you not in favor of the fed holding a large balance sheet? rep. mchenry: i do not know why they are making that decision as a policy maker. is that decision borne out of government deficits long-term and debt long-term? is it what our economic activity looks like globally? between the euw economy, the question

it >> reporter: including the castillo's and their kids, freddie and fannie. >> reporter: who is the biggest shark spam? >> i am. >> no way, i'm a bigger sharks than. >> reporter: the sharks announced they would be hosting tonight's watch party, drawing hundreds into san pedro square. it was just minutes into the first period, a fuse blue according to the pa announcer. suddenly shutting down several big-screen tvs. >> we blew a fuse. >> reporter: what do you think about the power outage a few minutes ago? >> good omen. i was just hoping they would have a score when i came back on. >> you think it was a good omen? >> absolutely. >> reporter: the tvs finally came back on and so did the fans cheers, as they all have this year will finally be the sharks first stanley cup win. >> we were there when pittsburgh won and that was really upsetting. so, we want to make sure that we win this year. despite stanley cup win for sure. it's the year. >> reporter: game seven is on wednesday here at home, the puck drops at 6:00 p.m. in san jose, maria medina, kpix 5. >> we will have all the sharks high

. >>> fannie mae and freddie mac have to raise capital before they c privatized so said their head regulator at a conference today who also noted there are a lot of options on the table. >> treasury has 80% of the stock so we're going to lookwh a treasury is going to do. we're going to look what we can do to build equity. one option on the table is give a public offering. we don't know. that's one of the options t build large capital. >>> as we reported, the trump administration wan to release the two from federal control which they went into during the financial crisis. >>> oil prices rose today after opec hinted at an extension of its cuts. meer companiesecided to explore options that will be ultimately decided at the june summit coming up in. vien they moved to cut output by more than 1 million barrels per day. domestic crude settled at $63 a barrel, just under 40% s far this year. >>> ford is cutting 7,000 jobs. at's about 10% of its global white collar work force. the job cuts, which include voluntary buyouts, are expected to save the company about $600 million annually and they are par