told president fischer that we've also shared this opinion with president poroshenko. we've also told them that. announcing a ceasefire is not enough you need to get. going you need to get off the ground. but if you if you are the warring parties that they need to disarm in seven days but you don't make a single attempt to come to terms with your opponents in eastern ukraine then you will have no results and the ceasefire will bring new fruit but we see that some substantial negotiation has started so that the people in each new queen would see how their legislative how their legitimate interests will be observed and then we will see the prospects for peace in ukraine that is the key but that i would like to make as regards the. asian i'm happy to say that yesterday was the first direct meeting between the representatives of eastern ukraine that is then us. and the ukrainian government yesterday it was the first time they actually said down to bargaining table they did not arrive at any significant arrangements yet but what's most important is that has finally started

it is a fischer cat. it is a cross between a cat and a fox but, the significant parties it has attitude of the wolverine. they received a frantic point mail but there was no name so the whole thing is a mystery. >> i really don't believe there is a fischer cat in the area it is likely they are seeing a ground hog or river otter and hearing the calls of the fox. >> so, the concerned wild life foundation new jersey says critter is making a come back in the garden state but not stuff of fiction but they don't think it made it this far south. >> interesting. >>> 6:39. what do you think of this, a senior prank using balloons. it has several local students suspended why parents are upset at the the school and not at their teens. >> also... >> ♪ all by myself >> millions of us watched this epic display as passenger put this together as he was stuck in the vegas for the night. next celine dion is responding her generous offer this rain is easing up. we will do a round up of the area you can see in our big picture

when congress finally approves him as vice chair of the federal reserve board of governors stanley fischer will be joining a very elite club that fisher is already a member of the board of governors but as the feds vice chair he will be second in command of janet yellen who took over as federal reserve chair woman in february and he will have a huge influence over america's fiscal policy by washington standards fis fischer definitely looks the part of the fed board governor after all he's accomplished economist former head of the bank of israel when another spot opens up on the federal reserve board of governors list there's a very good chance that president obama will pick someone like fisher to take that spot but that doesn't mean he should of the five people currently on the federal reserve board of governors fisher included two are lawyers and three are economists but by law the board of governors is supposed to include quote fair representation of the agriculture financial agricultural industrial and commercial interests and quote right now it's basically just a place for more of thes

some of them vote and some don't. ,losser, dudley, fisher fischer.ose who don't follow every single move and everything they say, who carries the most weight? >> there is a core member of the federal reserve, yellen is part of that, but dudley is absolutely part of that as well. the new fisher. -- fischer, we presume he will also become part of that core. there are a few members you want to pay attention to. that dudley speech, for the third time, a really resonated because a lot of the agency was suggestsome new, to us janet yellen is also in that camp. >> bring this back to mere mortals. the idea of all of this discussion is the continued financial repression. when do rates go up? when do retirees get a break? >> one of the things we're been expecting is the 10 year yield will start to rise before the end of the year. a 288,000 initial print on jobs two months ago. you had to under 12,000 jobs last month. yet yields have done the exact opposite of what you would expect on those days. as a result, we've had to scale back expectations for where we ex

mall two days later but no name was left so the mystery intensified. >> i don't believe there is a fischer cat in the area it is likely they are seeing a gun hog or river otter and hearing call of the fox. >> officials say this critter is making a come back in new jersey but they are not sure if it is this far south. >>> former secretary of state hillary clinton will be in philadelphia today. clinton will be signing copies of her new memoirs hard choices at the free library of philadelphia as part of her ongoing book tour. in it clinton offers anecdote about her time overseas and importance of building relationship with foreign leaders. this will focus on her time as second of state. she has written other books. today's book signing kicks off at 11:30 this morning. >>> sue serio. >> yeah, that is me. >> i'm think of the strawberry moon with that beautiful color. >> i wanted something bright and it has been so glummy every single day this week. we went with whatever this color is. we're working on it this morning. another bad hair day. copious amounts of of hair spray needed because of all

fischer se convirtió en el 16 entrenador en la historia de la quinteta mallorquina.ga blanco o negro, o cualquier ojo, si se equivoca. >> tiene que ponerse las pilas en la decisiÓn del ataque. hay muy pocas decisiones de gol. >> gracias, williams. ♪ ♪ >> como pinta el clima. aquÍ estÁ guillermo quiroz con el tiempo. ( informaciÓn en pantalla ) >> tengo mÁs detalles maÑana. buenas noches. que descanse. >> alguien comprÓ boleto ganador de la loterÍa, y no se dio cuenta que se ganÓ casi medio millÓn de dólares. les diremos dÓnde se vendió este cachito, en breve. >> el vocalista de la arrolladora banda el limÓn, bajÓ del escenario descalzo, despuÉs de un concierto. figueroa nos habla de esto, su reportaje de espectÁculos. >> miles de fanÁticos se dieron cita en un jaripeo en california, para disfrutar del comande y la arrolladora banda el limÓn. y allÍ, nos dimos cuenta que jorge medina bajÓ del escenario completamente descalzo! >> vengo descalzo! >> regale las botas hoy. >> menos mal que solo quedÓ sin botas. porque las mujeres le ponÍan un dedo encima, hubiera bajado d

kristin fischer live in washington, d.c., thank you very much. >>> and the chief global affairs correspondent martha raddatz is now in baghdad. she'll have a live report coming up on "good morning america." >>> breaking overnight, dozens are dead after somali militants launched an attack on a coastal town in kenya. raided a police station, set hotels on fire and randomly sprayed bullets. officials say they stormed one hotel where they were watching world cup soccer and forced the women to watch as they shot the men. >>> and fire fighters racing to control a central california wildfire before it gets any bigger. the fire in and around the sequoia national forest doubled this weekend. >> so far the shirley fire has burned more than three square miles and destroyed at least two buildings. they are being urged to evacuate. >> we talked about what to grab, i put my stuff back in the truck just in case. >> it has been hot, and the winds are erratic. that's the toughest challenge that we have. >> the fire fight is not going to get any easier today. the forecast in the area is for hot, dry, breezy an

motion we the -- the clerk: we hereby move to bring to a close debate on the nomination of stanley fischer of new york to be vice chairman of the board of governors of the federal reserve system signed by 17 senators as follows. mr. reid: i ask unanimous consent the reading of the names be waived. the presiding officer: without objection. mr. reid: i ask consent the mandatory quorum under rule 22 be waived. the presiding officer: without objection. mr. reid: i move to proceed to legislative session. the presiding officer: the question is on the motion. all those in favor say aye. all those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. mr. reid: i ask unanimous consent we proceed to a period of morning business with senators allowed to speak for up to ten minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent the senate proceed to s. res. 468. the presiding officer: the clerk will report. the clerk: senate resolution 468 to authorize the production of records by the permanent subcommittee on investigation of the com

permission to use forces in ukraine as an important step towards deescalation that's the view of fischer let's hear what the two leaders had to say. just declaring a ceasefire is not enough there should be substantial talks on the core problems of keep saying here you are seven days and you must disarm within this period if there are no efforts made to reach any substantial agreements with eastern ukraine there won't be any results. of attitude conflict. is premier league to lose. in finding a peaceful it's peaceable solution for the crisis in ukraine if you bring it into. some constructive stage of negotiations between where some substantive. could be make. the most important things is for russia and ukraine to have dialogue on all the relevant levels and mr president mr putin has just returned eight of the actual course called the other big headline aside from ukraine was that the next step forward for south stream has been agreed such a big project has now been set in stone during president putin's visit what more do we know about. eight hours well austrian and the russian energy gian

people and they were not high caliber weapons can you imagine the massacre that would take place for fischer's had high caliber weapons they will sell this high quitman the repair the maintenance for this will come from taxpayers money corporate america will make billions offices all for the she quit when you heard of the prison industrial complex you heard of the military industrial complex corporate america now wants to make a poll lease industrial complex where they'll make billions off of police departments. they are good for a secret trial was about to signal and open justice in the country however the prosecution was banned from doing so just yet i would fears the fear still remain our correspondent explains short. also the gap narrows on scottish independence we gave you the details of the ongoing. clashes between palestinians and israeli troops have left a one teenager dead in the west bank city of ramallah it comes as tel aviv arrests more than forty palestinians in connection with the abduction of three jewish teenagers the latest detentions are reportedly bringing the total number o

fischer won five championships laying for jackson with the los angeles lakers.ngeles kings are one win away from capturing their second stanley cup in three years. they beat the new york rangers last night three to nothing here in new york. making 32 saves in the shutout. the rangers face possible elimination at home wednesday night in game four and that is bloomberg sports. another check of market movers on the other side of the break. ♪ >> that is the latest for "bottom line" on this tuesday. i'm mark crumpton. thank you for joining us. on the market is next. i will see you tomorrow. is 56 past the hour, that means bloomberg television is on the markets. but take a look at where stocks are trading right now. best time we took a check half an hour ago, things were very little change and remain that way coming off of seven of the past eight sessions. let's also take a look at commodities. we've seen tensions abating to some degree between russia and ukraine. but just like stocks, it is little change. as for natural gas for we are getting into the warm weather se

said, if fischer had mr. riley had been carrying physical photographs of his pocket at the time of his arrest, there's no dispute that arresting officers could look at this photograph to see whether they contain evidence of crime. been reasonable in that situation does not become constitutionally unreasonable simply because esther riley carries his photographs in digital form on a smartphone. the shift to digital does not make the photographs any less than those printed on paper. many of our rules were based on practical considerations. practically speaking, a person can only carry so much on their person. different, because carrying a billfold of photographs is a billfold of four graphs. to can go anywhere from one five, but now we are talking about potentially thousands. with digital cameras, people take endless photos. -- it spans their entire life. you don't see difference between the two things, what has now become impractical, a gps can follow people anyway the prior following by police officers in cars

and derek fischer will retire from basketball to become the head coach of the knicks.yer has apologized for throwing his bat at an opposing player. the orioles were losing, 10 to nothing sunday to the okaland a's... and third baseman manny machado was angry that the a's pitcher threw two pitches at him. so he flung the bat down the third baseline. he didn't hit anyone... but both benches emptied, and an big brawl erupted. machado says his emotions got the better of him... and he says he's sorry. >> teaching my kids to say that more and home. >> hang on to that. today are temperatures 60 degrees. yesterday we were at 78 her not as warm. chance for rain only 20 percent chance. today's high temperature reaches 74 degrees. cooler than normal. the green sticks with us tonight. >> over 288 work wondering until 5:00. that's was down from 59 stricken all the way to 31. it's taking up a few names volume is still light. not causing too many problems. we will have another update on this along with a few others coming up. >> coming up, a t-shirt with a geography problem. >> talkin

. >> reporter: doctor david fischer led study on mice that found uv exposure can trigger production oven fins, feel good hormones. same brain pathway that react to opiate drugs like oxycontin. research conclude that had sun can be as addictive as drugs. >> in some people that can produce a euphoria, a high, in other people, the chronic use of these, when stops produces withdrawal symptoms. >> reporter: doctors satan ago dixon increases a person's risk for developing skin cancer and becoming a sun worshiper can happen to anyone. >> we don't know at this point of individuals who may have a greater or less risk of developing this, but we suspect that it is probably something we all have the capability, of falling pray too. >> this new research on sun addiction didn't address how sun screen would impact the whole process but doctors say, it is only safe way to be out in the sun, is with a sun screen, of at least a spf of 30. reporting live on the sky deck i'm stephanie stahl, cbs-3 "eyewitness news". >> very interesting, thanks very much. >>> you know all of those calories your fitness track

fischer mordecai also said less austerity but more reform. so any comments?aordinary i think victory. how long lasting it will be we will see, but i don't think one can comment on the last few weeks without noting this really very impress the performance of a young centerleft politician, and i'm sure that jacques, i don't know what you think. >> well, we see the benefits of having a prime minister like matteo renzi with vision, with decisiveness, and that brings votes on election day. in france, probably the political situation during the last years of president hollande was on the opposite track. he was able to reverse the movement through -- i don't think so, because in order to allow the president to remain the boss. what can happen is when and if he was able to thank some personal, sketch the political director like matteo renzi, that's not invisible. in that case he becomes indispensable to the president and he gets much more power by threatening to resign. because this would mean the end of this presidency. so we are in this position. we don't know beca

. >> i really don't believe that there is a fischer cat in the area. it is likely they are seeing a groundhog or river otter and maybe hearing calls of the fox. >> conserved wild life foundation new jersey says the critter is making a come back in the garden state so it is not impossible so they don't think it made it this far south. >>> more than a dozen students are on the three day suspension and banned from their senior party, these pictures show us why. students pulled a senior prank yesterday morning, at the start of the school. what do they do? well, they released a bunch of balloons a hundred on the floors. school administrators didn't think was funny, 15 of the 20 students involved had a one day home suspension and two days of in school suspension. they cannot come to the senior swim party next week. students and parents in the school feel they overreacted here. >> it is funny being a senior, making memories and i don't regret it at all. i still think it is funny. >> i was leery and then i said it is only balloon. a balloon will in the hurt an

or senator fischer's workplace advancement measure which would equip women with the tools they need to fight discrimination in the workplace. and senator rubio's raise act which will amend the national labor relations act to allow employers to give merit-based pay increases to individual employees even if those increases are not part of a collective bargaining agreement. and senator mcconnell's working parents home office act which would fix a flaw in the tax code that prevents men and women from claiming a home office deduction if their home office has a baby crib, so they can care for their child while they're working. mr. president, president obama has talked about the important of flex time for parents so they can adjust their work hours for parent-teacher conferences or soccer games. well, senator lee has a bill that would help workers handle the constant challenge of work-life balance by allowing private-sector employers to allow all individuals who work overtime a choice between a monetary compensation and between comptime. unfortunately, like so many other republican bills, the

the new york knicks just announce a $25 million five-year contract of beginning next season with fischer8 years of various team will work with phil jackson who is currently the president of the next. >> also tomatoes could move to the vehicle as ford looks were more sustainable way to build cars their partner into research to made no fiber as an alternative components ed henry ford did this with 60 bomb -- with soybeans and researchers are currently testing the materials although foretold -- ford already has a simple options including the steve coleman seat cushions and canadians would say tomatoes >> which position would you invest in if you could invest in your favorite? >> toby mac. >> if i could have invested in the sister songwriter we would all be a very rich man today. >> landmark pay for play case? but the plaintiffs named in the case? bin and we will be joined by the plaintiff with the top analyst for fox sports for basketball and football in college sports. >> we have the latest on the gm recall scandal and what the cbo says that means it will be more recalls and possibly more

. >> reporter: doctor david fischer led study on mice that found uv exposure can trigger production of feel good hormones that can be addictive. it is same brain pathway that react to opiate drugs like oxycontin, the research conclude that had sun can be as addictive as drugs. >> in some people, that can produce a euphoria, kind of a high, and in other people chronic use of these, when stops produce west droll symptoms that are very unpleasant. >> reporter: doctors say the tanning addiction increases a person's risk for developing skin cancer and becoming a sun worshiper can happen to anyone. >> we don't know at this point of individuals who have a greater or lesser risk of developing this but we suspect it is something we all have the capability of fall pray too. >> reporter: this new research on sun addiction didn't address how sun screen might impact the process, but doctors say it is really the only safe way to be outside in the sun, it is using an spf of at least 30. i'm stephanie stahl, cbs-3 "eyewitness news". >>> all right, 5:20. at the move thinks weekend it is men verse women

thank you, eric fischer. we'll be right back.h frog protection? yeah, we help with fraud protection. we monitor every purchase every day and alert you if anything looks unusual. wow! you're really looking out for us. we are. and if there are unauthorized purchases on your discover card, you're never held responsible. just to be clear, you are saying "frog protection" right? yeah, fraud protection. frog protection. fraud protection. frog. fraud. fro-g. frau-d. i think we're on the same page. we're totally on the same page. at discover, we treat you like you'd treat you. fraud protection. get it at discover.com what does an apron have to do with car insurance? an apron is hard work. an apron is pride in what you do. an apron is not quitting until you've made something a little better. what does an apron have to do with car insurance? for us, everything.

tailored race relations programs and also the probably opinion that got maybe more publicity last year, fischer versus university of texas because it was decided at the very end of the term. that was looking at the constitutionality of the university of texas's admissions policy which included a race conscious component. this is an opinion and a case that's really more about an issue that relates to civic participation. so it's about access to self government and this particular proposal, proposal 2, in the state of michigan, is a voter initiative that does have the effect of eliminating the affirmative action program at the university of michigan. this is a 6-2 decision. just kagan recused herself. you could look at it in a variety of different ways. the types of initiatives, one of the big questions and something that was actually very eloquently discussed in justice sotomayor's lengthy dissenting opinion is what it means to ensure meaningful political participation and whether it means that one need only remove formal barriers to participation or whether it includes a responsibility to vigil

voting for the first time will be stanley fischer, and new cleveland precedent -- cleveland presidenton't know where they are going to be on the charts. they could influence the whole thing. nobody knows what it actually means. >> wednesday is going to be an important meeting. >> we are not sure what it will tell us yet. thank you so much. moving and shaking this hour, the investor known as bitcoin is also known as an ex-con and ex u.s. citizen. he was one of the pioneers when it came to investing in kurt -- in virtual currency startups. he put down $400,000 in bitcoins to you can get a passport -- you may want to get some legal advice before plunging into the steel. the justice department says passports were being used to facilitate financial crimes. a if you are looking to travel legally, we have five years of airline mergers impact competition for air routes in the u.s.. not by much according to a recent government study. megan hughes joins us now to explain. how is that with all this consolidation? >> the expansion of discount carriers has filled in the gaps. .his is a report by t

as i understand you talked about the rigorous response to senator fischer's question, the rigorous analysis and issuing that rule. and the federal motor vehicle carrier to shut fmc a result released the results of map-21 mandated study on the real-world impact of the hours of service. doeno something of recently released, corrective? >> that's correct. >> i assume when talking a rigorous analysis that's what you're referring to in terms of part of the analysis in issuing the hours of service rule. >> it is an example of the rigor that we use. it is, in fact, in relation to to lab studies and the congressional requirement. >> i want to ask you questions about the study. this study pointed out that drivers operating under the old rule had greater lane deviation, as i understand it. what was the difference in centimeters between the two groups of drivers? >> so, let's back up so i can put in context. the study in question was a study actually mandated by congress. >> right, for good reason because many of us have heard deep concerns about the hours of service rule and how it is impacting the e

that is the jenna fischer -- that is the genesis. >> we are at the levels now.lick yes there it in the the employment age population has grown 15 million. we are way behind. people had not dropped out of the labor force, the unemployment rate would be 13%. retiring,pping out, but a lot of younger evil stayed in school and thought they would get a better job with a college education. no better job ross x. -- job prospects. have better job numbers these days? >> yes. they expand the 6.5% target on on implement rate. it was -- the unemployment rate. >> it is a number americans can understand. >> that is a problem, when the .ed is trying to be it is not a good measure of anything. it depends. they dropped out of the labor force. it really doesn't work. measuresment market she watches. saying, we don't want to get nailed with one number. >> great to see you this morning. coming up, the big four. the world cup victory with a huge winner. also, the release of amazon's first smartphone has one provider unhappy. it is all over twitter. ♪ >> the french company is heating

next on booktv bike earp and debris fishers -- david fischer. today the service acts as the enforcement arm of almost every federal agency in the atf and fbi. their book is "u.s. marshalls." this is about an hour and 10 minutes. >> one of the exciting things about being a writer is being able to find and pursue things that interest you. and i like to say 20 years ago the fbi gave me access to its crime lab and at that point nobody had any idea what forensic science was. i spent six months in the crime lab and did a book and helped force the explosion of interest in forensic science. when i was there i felt as a writer like i had discovered a goldmine that no one else had ever seen before. and i loved it. until i was brought into the world of the u.s. marshals service i hadn't had that feeling again. the u.s. marshals service, most people believe is this wonderful traditional old-fashioned archaic law enforcement agency but they are not quite sure exactly what it does today. they think it may have something to do with the witness protection progr

fischer. >> mr. chief justice and may it please the court. this case it involves applying the core production of the fifth amendment to a new factual circumstance. it has eyes been the case that an occasion of an arrested not give the police officers authority to search through the private papers and bureaus and cabinets of somebody's house. that protection should not evaporate more than 200 years after the founding because we have the technological development of smartphones that have resulted in people carrying that information in their pockets. >> just to test the principle for why the police can search and see some objects, consider a gun. the arrestee has a gun on his person and the police take the gun. it is part of the reason for that seizure to obtain evidence of the crime or is it just for the safety of the officer in the safety of the community? >> what this court said in robinson on page 135 is the reason supporting the authority are the two chanel factors which are gathering evidence to prevent its destruction and officer safety.

finally on the nomination of stanley fischer who is already a member of the federal reserve, but he will be elevated to be vice chair of the board of governors. mr. president, i understand s. 2450 is at the desk due for a second reading. the president pro tempore: the clerk will read for the second time. the clerk: s. 2450, a bill to improve the access of veterans to medical services from the department of veterans affairs and for other purposes. mr. reid: mr. president, i would object to any further proceedings. the president pro tempore: objection is heard. mr. reid: mr. president -- the president pro tempore: the bill will be placed on the calendar. mr. reid: mr. president, this is landmark legislation. i so compliment senators sanders and mccain for coming to this agreement. i hope that we can move this bill expeditiously. mr. president, later today the senate will vote to confirm a man by the name of richard boulware to be a district court trial judge for the state of nevada. a remarkable man, he is. extremely smart, and he's a very talented lawyer. he's from las vegas. his father w

convey his fischer perspective to the fed to get them out in front on this debate?rk closely with janet. there is a question on whether they see the need to get the fed funds rate or overnight raid on excess reserves up fast enough. >> martin feldstein with us on the issue of the moment, and certainly, adam, i would say the issue after labor day, a better economy that would include inflation. >> today marks the 25th anniversary of the tiananmen square crackdown. we will discuss its legacy. this is "bloomberg surveillance." live on bloomberg television and streaming on your phone, tablet, and on bloomberg.com. ♪ good morning, everyone. "bloomberg surveillance." i am tom keene. johnson, theyam with me this morning. >> we are 10 minutes away from 8:00 a.m., let's bring in betty liu. what do you have for us? companies,ocused on and there is a company called and they take experiences, like a big part in the next " star wars movie," or if you want a date with george clooney, you get to bid and have this kind of experience. the founders will be on august. home notice -- wh

there's a male is fischer's released by police of the person that they're looking for their release to responsible for these fires they arrested the suspect was light with the rating for this war for mr. this morning to release details variable serra fell fire season is off to a dangerous start dozens of grass fires are probable the same area they believed the policy may be to blame. there's a 80 a. of private land of fire. the investigators believe the homeless people living in these areas are starting these fires that the purpose accidently by the way the tide to says that they will let this is clearly the tyre area. second seen sleeping pads are the bushes trash this chasm there for cookie if it is let will fuel with their the albedo refuge for people to sleep or to stay out here. it'll stop the fires. >>: the process they were the 25 rule was careless about the less about the about 50 people living and that he does or the seated again heard these fires. title 7 it will be back with more of a and that he does or the seated again heard these fires. title 7 it will be back with more o

tailored race relations programs and also the probably opinion that got maybe more publicity last year, fischer versus university of texas because it was decided at the very end of the term. that was looking at the constitutionality of the university of texas's admissions policy which included a race conscious component. this is an opinion and a case that's really more about an issue that relates to civic participation. so it's about access to self government and this particular proposal, proposal 2, in the state of michigan, is a voter initiative that does have the effect of eliminating the affirmative action program at the university of michigan. this is a 6-2 decision. just kagan recused herself. you could look at it in a variety of different ways. the types of initiatives, one of the big questions and something that was actually very eloquently discussed in justice sotomayor's lengthy dissenting opinion is what it means to ensure meaningful political participation and whether it means that one need only remove formal barriers to participation or whether it includes a responsibility to vigil

margin it might be that the departure of jeremy stein and the two new members, and lsher -- stanley fischer a little more dovish. i think the thinking at the board of governors is relatively similar between these people. of course, the bank presidents have a wider range of views but that has been true for the last several years, so i do not think that is a major change. >> jan hatzius, anyone that follows the fed knows there is a next -- obsession with dots these days -- too much, too little, just enough? >> i think the markets are focused, even on small changes, and i think it is natural that the fed will save the small changes do not really mean that much month by month, quarter by quarter, or year by year, as janet yellen said in the next -- last conference. direction,ove in one then another, and it does not necessarily mean that much. -- much about how much shorter time intervals, so it is naturally an object for obsession. it will be important what happens to the dots. there is the economic argument for the dots to move up slightly. the labor market numbers have generally been good. yo

stanley fischer of new york to be vice chairman of the board of governors of the federal reserve system. the presiding officer: the question occurs on the brainard nomination. is there a sufficient second? there appears to be. the clerk will call the roll. vote: vote:

the to do list and janet yellen, bill dudley and stanley fischer are not helping?o generate good ideas for clients. that is really the one thing we can do for our clients. clichÉ but sort of that is the truth. trade with wants to the larger bank, they can do and do things say in a differentiated way, hopefully they will send their business to cantor fitzgerald. >> that is understandable. akamai was trading -- back when i was trading, commissions were six cents a share and now it is 1/10 of that. how do you justify the desks full of traders? >> that's exactly why we have seen the downside we have seen over time. it has been somewhat gradual but it is fairly persistent. there is not a lot of growth in bodies in seats on trading floors. >> where is the dynamic? you are one of the major bond desk some wall street. is it that the big banks make decisions? game+ for cantor fitzgerald? who will win from this lack of volume? >> and away, it's a great opportunity. big banksleaves the and becomes available, we can pick that talents up and deploy it towards our ends. i think

mccarthy-ite way on a lawyer in welch's firm, a young lawyer, indeed an associate within the firm, fred fischer, a young man who was not even in the hearing room to defend himself. accusing him of various communism inclinations and associations. welch responded -- quote -- "until this moment, senator, i think i never really gauged your cruelty or your recklessness." had senator mccarthy been a smarter man, he would have sensed the warning in those words, but he didn't. he pressed his attack and refused to let up on young fred fisher. welch angrily cut senator mccarthy short. let us not assassinate the lad any further, senator. you have done enough. have you no sense of decency, sir, at long last? have you left no sense of decency? 30 words. if you count them, it's just 30 words. but with those 30 words, suddenly something happened, something changed. the emperor suddenly had no clothes. there had been such an avalanche of words from mccarthy over the years, of lies, of accusations, of hyperbole, and these 30 words, these few short sentences stopped all of that roughshod hypocrisy in its tracks.

a the american people need to know who you are meeting with fischer decisions are very important. if an agency that regulates toys and other consumer products can do that disclosure so can an agency that regulates nuclear reactors and we have bipartisan support for this. going forward will each of you commit to providing advance notice of your meetings and your travel and providing information about the topics intended to be discussed at each meeting? starting with the chairman. >> i commits to providing to the degree that i can because my schedule changes on a daily and sometimes hourly basis and as i sure does yours. certainly for my travel advance notice of my travel and other meetings to the degree that i can. >> commission or svinicki. spare would request the opportunity to respond for the record. >> i won't have any trouble doing that. >> at my confirmation hearing i promise to make my calendar available. i have done that from the moment i have been on the commission that i have published my calendar continuously and i have not made a practice of putting a lot of detail on m

a the american people need to know who you are meeting with fischer decisions are very important. if

finally upon disposition of the fischer nomination the senate resume legislative session. the presiding officer: without objection. mr. reid: so, mr. president, there will be a series of votes at noon tomorrow and another series at 1:45 p.m. tomorrow. if there is no further business to come before the senate, i ask the senate stand in adjournment. the presiding officer: the the presiding officer: the this is a common sense bill that would help more than 500-2000 but minnesota's who have student at. that is a lot of people. student debt has become a macro economic issue and in our country. you can refinance a home on. you can refinance a car loan, you can refinance business debt. why not allow the 44 million people in america to refinance their student at? i have been doing college affordability round tables from the moment i got into the senate. it is very different for people now than it was when i went to college. i met my wife my freshman year of college. she lost her father when she was 18 months old leaving her mom widowed with five children aged 29. every one of thos

fischer, have you been accurate about what you said ?bout robinson and the cases in weeks, which was quoted in robinson, the court said "the right always recognized under english and american law to search the person of the accused would legally arrested to discover and sees the fruits or evidences of crime." is that historically inaccurate do you want us to repudiate that? is that starkly inaccurate? do you want us to repudiate that? >> no your honor. what we said and you quoted it, and she mentalities of the crime have always been something that can be seized from a person. weeks as this court said in robinson itself was dicta and there was that historical authority to take the fruits of the evidence, fruits and instrumentalities. >> instrumentality or evidence?

and when ken fischer talked about people raising their right hand, i'm a believer that my colleagues in philanthropy, my colleagues in business, my fellow citizens want to help. what's really honestly lacking is a clarion call, where do i get started? this should be the most inside baseball group we have on this issue. so we heard questions even from this audience about where do i get started. so i'm optimistic because i think 2.5 million is a very solvable number. we had the benefit of building a little company called america online. when we started our 3% of the people were online at all and they were online an hour a week. if you fast forward, it wasn't long before society had changed. we are big believers in the power to leverage the private sector to do really big things. we have seen this happen in other things the nation should care about, when we have seen literally billions of dollars and millions of people come out to be part of the. the president talked this morning about the goal of the center. not just dialogue and ideas, but taking those ideas to action. and i guess i'm

jerome powell, member of the board of governor of the federal reserve system and stanley fischer to bevice chair of the board of governors of the federal reserve system. would the chair announce the business of the day. the presiding officer: under the previous order, the leadership time is reserved. under the previous order, the senate will be in a period of morning business until 11:30 a.m. with senators permitted to speak therein for up to ten minutes each, with the time equally divided and controlled between the two leaders or their designees, and with the republicans controlling the first 30 minutes and the majority controlling the next 30 minutes. mr. reid: i would ask that the, there be a quorum call initiated with the time charged equally. the presiding officer: without objection. the clerk will call the roll. quorum call: quorum call: mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: i ask that further proceedings under the quorum call be dispensed with. the presiding officer: without objection. mr. mcconnell: yesterday, the senate pass

i would note, the federal reserve meeting this week, it's the first one with stanley fischer as vicea moderate. the opinion is we're going to stay on the liberal side, or the dovish side. back to you. >> thank you, bob pisani. valeant, jim, continuing to go at it. taking an interesting turn. gotten nastier. a press released by allergan at 7:00 a.m., continuing to take up the theme of coming at valeant stock price, questioning it, quoting people, many of whom we've heard from in the past, whether it's hampton or jim chanos. at end of the press release they've done something i've rarely seen, took e-mails they did not get permission to reprint but took e-mails from rob kindler, a guest this morning on cnbc's "squawk box," you may have seen him many times on the air, vice chairman. to allergan ceo which he's pitching for the business, right? what goes on on wall street. bankers are trying to get on one side or the other because big fees will accrue to you if you can have advice on ear side. also want to put it in the leak tables, it important to print a big deal. but these rarely have i

my amendment increases the funding for fischer houses by $16 million. this additional funding has the potential to provide more free housing for the families of patients receiving care at military and v.a. hospitals. in order to pay for this increased funding, this amendment reduces funding for the defensewide operation and maintenance account and my amendment is outlay neutral as a result. since 1990, over 180,000 families have been served by fisher houses. more than 22,000 in last year alone. the service is offered -- the services offered by fisher houses have saved military families almost $240 million in out-of-pocket expenses since its inception. families do not have to make these tough financial choices to visit and care for their loved ones. this amendment has the potential of funding the construction of at least four new fisher homes next year, four new homes means lodging for over 2,000 military family members. so many men and women have served us with such distinction, and for those that return home needing medical care, fisher house can make

tailored race relations programs and also the probably opinion that got maybe more publicity last year, fischer versus university of texas because it was decided at the very end of the term. that was looking at the constitutionality of the university of texas's admissions policy which included a race conscious component. this is an opinion and a case that's really more about an issue that relates to civic participation. so it's about access to self government and this particular proposal, proposal 2, in the state of michigan, is a voter initiative that does have the effect of eliminating the affirmative action program at the university of michigan. this is a 6-2 decision. just kagan recused herself. you could look at it in a variety of different ways. the types of initiatives, one of the big questions and something that was actually very eloquently discussed in justice sotomayor's lengthy dissenting opinion is what it means to ensure meaningful political participation and whether it means that one need only remove formal barriers to participation or whether it includes a responsibility to vigil

>> senator fischer, the secretary put together a aggressive plan, an action plan, the administrators who are hitting here today, and we talked to the petroleum and the railroad industries about what immediate actions could they take while we do our comprehensive rule-making process to improve safety and one of the items that they put on the table was to restrict the speed and it is a very important element so we are supportive that they have gone forward to do that with respect to certain trains. >> part of that agreement was community relations, emergency response, but specifically the speed reductions. in working voluntarily with agencies, i think that's a good way for industry to operate. i think it's a good way for the agencies to operate. so my question to you again do you support that? do you support the agencies coming with industry, with private industry and trying to reach these voluntary agreements instead of mandate from the top down always? >> i absolutely support industries coming forward. we think that compliance with regulations is not enough in many instances, that wh

senator fischer. >> thank you for being here. administrator quartman, as you know the rail industry worked with a number of agencies in coming to an ingredient. it was a voluntary agreement on the speed reduction standards that you recently came up with. does it support the agreement? >> senator rischer, the secretary put together a very, i think, very aggressive plan, an action plan. the administrators who are sitting here with me today, administrators pharaoh, myself were there with the secretary and the deep tear secretary. we talked to petroleum and the railroad industries about what immediate actions could they take while we do our comprehensive rule making process to improve safety. one of the items they put on the table was to restrict the speed. it is very important element. so we are supportive they have gone forward to do that with respect to certain trains. >> part of that agreement was community relations emergency response, but specifically to the speed reductions. in working voluntarily with agencies, i think that's

as i understand, you've talked about the rigorous response to senator fischer's question, the rigorous analysis in issuing that rule. and the federal motor vehicle carrier, the fmcsa recently released the results of the map 21 mandated study on the real world impacts of the hours of service. and that was something that was recently released, correct? >> that's correct. >> so i assume when you're talking about rigorous analysis, that's what you're referring to in terms of part of your analysis in issuing the hours of service rule? >> it is an example of the rigor that we use. it is in relation to two lab studies, and the broader -- >> i want to ask you a few questions about the study. >> sure. >> the study pointed out that drivers operating under the old rule had greater lane deviations, as i understand it. what was the difference in centimeters between the two groups of drivers? >> let's back up so i can put in context. the study in question was a study actually mandated by congress -- >> for good reason. because many of us heard deep concerns about the hours of service rule and how it