host: james kitfield, for being hhre. we turn next to a new water.udge has blocked a ban on deep-water drilling. we will speak to a shadegg john about will drilling, but -- talk about oil drilling, but first headlines. >> and indian american woman has been back to run for governor. an incumbent congressman loss. so did a hopeful washington state democrat. this propped p -- the government agency overseeing offshore oil drilling will have an internal team assigned to do with the performance. the investigative team will look into allegaaions of misconduct and respond quickly to emerging problems. there will be a senate subcommittee hearing today. ken salazar will be at that hearing. live coverage on c-span radio and c-sppn3 television. he had been in charge of the operations in the americas and asia at will report to tony hayward. more on the oil spill coming up in a moment on "washingttn journal." the federal reserve is expected to leave interest rates at record lows and to keep them there for awhile. those are some f the latest headlines on c-span rad

our guest is james kitfield of the of the national journal." more from john shattuck, a member of the energy and commerce committee. and then we will be joined by ed schultz to talk about his book, "killer politics." washington journal is live on c- ppan every day at 7:00 a.m. eastern. >> c-span -- our public affairs content is available on you can also connect with us on twitter, facebook, and youtube. sign up for schedule alert e- mails at c-span.org. >> treasury secretary geithner testified tuesday to a nearly 75% of tarp funds alone that the banks have been repaid. panel for the fourth time. this is a little more than two hours. >> the hearing of the congressional oversight panel is called to order. we appreciate you coming here to testify for the fourth time. since your last appearance here, the panel has issued six more reports, bringing our total to 20. our latest report has covered a great deal of territory, from the government's intervention in specific companies such as aig, and its broader efforts to shore up entire markets such as s