also chairman jason chaffetz on regulating the internet as fcc gets ready to vote on net neutrality.onfidence. then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts mean your peace of mind. now you can get the works, a multi-point inspection with a synthetic blend oil change tire rotation, brake inspection and more. $29.95 or less. so what's going on today? news alert! message! email! calendar update! most of us admit to being overwhelmed by information at work. that's why ibm created verse. it uses powerful analytics to uncover hidden patterns in your email, calendars and social feeds. it continuously learns how you work. and helps you prioritize the people and projects you need to focus on. there's a new way to work and it's made with ibm. ♪ >>> good thursday morning. welcome back to "squawk on the street." i'm carl quintanilla with simon hobbs, david faber at the new york stock exchange. the markets nasdaq in particular, close to 5000 yesterday. still crawling back a little bit here. dow's down about 43. s&p's

oversight committee chair jason chaffetz joins us. good evening mr.ee you. >> thanks, greta. >> what's going on? >> pretty stunning to learn that after all this time, all these excuses, you know, we have the emails now the tapes have been destroyed. they have been erased. and then you come to find out that the inspector general starts to look at it and in 15 days' time start to finish they will find the tapes when they talk to the it people and say what about these tapes they say well, nobody ever asked us for the tapes. we have had subpoenas. we have had letters. we have had confirmation from the irs commissioner on multiple occasions. and they have been sitting there all along. >> you say they. but this really is the commissioner he has testified i assume under oath at least if he is not under oath he knows the responsibility. acted so horrified that anyone would challenge him on this. but he frankly either didn't do his job or he is hiding something. now, didn't do his job is probably what i'm more inclined to give him the benefit of the doubt. thi

republican congressman jason chaffetz where they know a thing or two about getting a lot of snow. he tweeted this. snowing in d.c., and closed the government. imagine if the rest of the country closed when it snows. does he have a point? the 450,000 federal employees in the maryland and d.c. metro area got off today for this, about six inches in the burbs about four inches in the district. it's very fluffy snow, it's very light. we saw all day major roads were cleared pretty quickly by snowplows and people have been driving by at a pretty decent rate of speed. the side streets are a little bit different story, but right now what would have been a workday for the federal government, all the roads here, which got hit hard overnight are virtually passable. >> it's funny when all the schools close when there's a threat of an inch or something. will the federal government come back to work tomorrow? i'm making you a weather person will they? >> reporter: they definitely should gretchen now the story is the cold. the cold is the reason that every single flake that fell from the sky stuc

house oversight and government reform chairman jason chaffetz called it disappointing and said that the panel called for someone with a fresh perspective, free from the allegiances and without ties to what has been consistently described as a good ol' boy's network. clancy himself talked about bringing someone in from the outside. >> we don't have time to train someone in this role. you got to have someone who has some history and knows where we need to go in the future. >> the panel's proposals to fix the secret service did not stop with changing management. it included a host of recommendations ranging from better officer training to raising the white house fence. and there is another looming challenge for the agency, the stand off on capitol hill over funding the department of homeland security. the dhs secretary warned that that could jeopardize planned improvements. >> we're unable to do some of the things that the secret service panel were unable to hire for the coming presidential elections cycle. >> clancy is a 27--year veteran at the agency. he has held president's lives in his

gerri: i want you to hear what jason chaffetz had to say in this hearing about this very issue.poena, we sent letters, we have hearings, we hear all kinds of excuses from the irs they can't have them they're recycled they've been destroyed they're not available i mean every excuse you can have under the sun. you start, you find them in two weeks and then when you go and talk to the i.t. people who are there in charge of them, they told you that they were never even asked for them? is that correct? >> that's correct. gerri: do you share the congressman's ire over this? >> you know i'm beyond anger. i just think that we have to get to the bottom of this because this is an agency that affects every american. and if we can't trust the people there, we're all in trouble. gerri: so here's what lois lerner herself said in an e-mail: no one will ever believe that both your hard drive and mine crashed within a week of each other, and that seems to me kind of a smoking gun e-mail here talking about what can we get away with, what will people believe if they hear about it? how do you react

oversight committee chairman jason chaffetz slammed the drop in required training hours for new secret service agents. meantime, the number two in command at the secret service, albert smith is stepping down and he's taking an unspecified role within the department of homeland security after julia pearson resigned amid a series of high-profile security lapses. >>> for the fourth time defense attorneys in the boston marathon bombing trial are pushing for a change of location. defense lawyers say responses from potential jurors show 85% of prospective jurors believe dzhokhar tsarnaev is guilty. today a three-judge panel is set this week and tsarnaev is accused of playing a role in the boston marathon bombing that killed three people and injured more than 200. >>> boston is getting ready for a lot of snow that is expected to come this weekend. another storm on the way. meteorologists predict more than a foot of snow saturday. the city has barely begun to dig out from the crippling storms that blanketed the city with six feet of snow. the boston mayor says everyone needs to be prepared for

with congressman jason chaffetz and fred upton complaining. as chairman wheeler pushes forward with plans to regulate the internet, he still refuses to directly answer growing concerns about how the rules were developed how they are structured and how they will stand up to judicial scrutiny. lawmakers haven't seen the regulations either, but democrats are applauding them as a way of limiting the ability of internet providers to sell so-called fast lanes or slow lanes of service. >> wow. that is not how the internet should function in 2015. but that's what the internet could look like if the broadband barons get their way. >> reporter: republicans are saying a law passed by congress would be far more appropriate than a regulation. senator john thune has a bill, but to pass it he needs some help. >> it's going to require that some of these democrats that have been giving us the stiff arm at the encouragement of the administration decide to come to the table and hopefully work with us. >> reporter: but instead of asking 535 elected members of con

chairman jason chaffetz writes quote: if you decide to move forward tomorrow -- this was yesterday -- legalization of marijuana in the district, you will be doing so in knowing and willful violation of the law. d.c. has moved forward. chairman chaffetz says his committee will investigate. jon? jon: wow. what a controversy. rich edson, thank you. >>> you can catch more of rich's reporting on our sister network fox business network. go to foxbusiness.com/channelfinder. jenna: here's what we're working on for the second hour of "happening now." fifteen people managed to survive this horrifying plane crash in taiwan. now we're getting an up-close look at training to save lives when a plane goes down in the water. >>> plus a jury close to deciding the fate of a woman charged with murdering her 5-year-old son by poisoning him with salt. >>> and the latest on our top story, new details about the cold-blooded isis killer jihadi john. jon: fascinating, this arguing back and forth about the department of homeland security and when it is going to get funded or not. jenna: it's a big topic in was

jason chaffetz suggests the reform committee.he panel made it crystal clear that only a director from outside the agency would meet the needs of the agency today. someone with a fresh perspective, free from allegiances and ties to what is described as a good old boys network. you hear that from political -- from politico today. in november we covered a hearing where he testified before the judiciary committee. here is his opening statement from that hearing. >> good morning. let me begin by recognizing the tremendous support this committee has given the secret service over many years, and acknowledge your staff with both the past and present. to cybercrime targeting our nation's banks and financial institutions. 44 days ago i am part on my greatest endeavor of my financial life, the privilege of leading the dedicated and self-sacrificing employees of the secret service through a challenging time in the agency's storied history. while returning to public service after beginning a second career in the private sector was not easy, t

. >> utah republican congressmember jason chaffetz told "the washington post" the mayor's move was illegalsaying -- "you can go to prison for this." d.c. joins three states -- washington, colorado and alaska -- where pot is now legal. meanwhile, house lawmakers in georgia have overwhelmingly passed a bill to legalize cannabis oil for patients with seizure disorders and other conditions. this comes as new research in the journal scientific reports has found marijuana is about 114 times less deadly than alcohol. the study found alcohol is by far the riskiest drug, followed by heroin, cocaine, and tobacco. the leaders of the bank giant hsbc face questions and calls for the resignation from british lawmakers over the bank's role in tax dodging and money laundering. it is reported hsbc used its private swiss arm to hide more than $100 billion in accounts used by weapons dealers tax dodgers, dictators, and celebrities. british parliament number questioned stuart gulliver. >> no one is going to be punished for this. it looks like you are at the limit of progressive tax avoidance. do you think you

rob bishop along with congressman jason chaffetz, trying to resolve some of these conflicts that have been going on for 25 years in utah with what they call a "public lands initiative," which will resolve 18 million acres of utah to say, "this should be developed, this should be preserved and protected, this is for farming and ranching, this is for energy development." so, i think we are on the right road to resolve it and i think it should be a shared responsibility. james: i would like to ask about medicaid. your legislature, speaking big picture and then looking at the specific situation, i have been struck by the dynamic that we have had several republican governors push for expansion of medicaid and their republican legislatures have blocked them. it happened earlier this month in tennessee with bill haslam and in wyoming with matt mead. john kasich in ohio had to go around the republican legislature. rick scott in florida wanted medicaid, it was dead on arrival. why do you think there is this disconnect between republican chief executives who want to figure out a way to expand c

>> well jason chaffetz uncharacteristic for him to get mad, this is the first hearing our new chairman has had. i think it's instructive that he picked to have this hearing on inspector generals and whether or not they are getting their materials. so it wasn't just the three that you you saw at the witness panel. 47 inspectors general were in that room. >> and big departments. these are inspectors generals in the department of commerce defense intelligence e.p.a. equal opportunity commission homeland security justice, labor, nasa, it goes on. opm. office of personnel management. fcc. state treasury. it goes and also tax. >> yes. the administration managed to bring all those different groups together like they have not brought any other groups together and they are all in agreement that the administration is not giving them the documents they need. >> why? so the administration is saying overwhelmed or is the administration hiding something? >> i think in some instances they are hiding things. i mean horowitz with doj wanted information related to fast and furious. he wanted information

congressman jason chaffetz chairs the committee. # >>> good morning the committee machine oversight and government is chaired to come to order and without objection, the chair can call a recess at any time. pleased to be holding this hearing with ranking member cummings, reforming and restoring the united states secret service is not a partisan issue, a united front with mr. cummings and i have presented -- presented have driven change within the agency. together, we have center wills attended closed door meetings and briefings with the secret service and asked for change. this morning in a bipartisan way, we went and visited the secret service headquarters and appreciate their accommodations in the tour of the facility. the management facility there. today, the -- the senior leadership of the secret service looks much different than it did when we began examining the agency. in fact, we originally planned to have both the acting director and the deputy director appear before us today on a second panel, but with the recent announcement of the deputy director's departure from the agency,

meanwhile congressman jason chaffetz had this to say to greta the other night. to learn that after all this time all these excuses, you know, we have the emails now the tapes have been destroyed. they have been over erased. and then you come to find out that the inspector general starts to look at it and in 15 days time start to finish they find the tapes. when they talk to the it people and say what about these@f!%7p-bt0wbosb?9lÑ,)oó $ we have had letters. we have had confirmation from the irs commissioner on multiple occasions. and they have been sitting there all along. >> sitting there in a box all along. we have no idea who moved them. we don't know who was in charge of that. >> remember this isn't just unethical question of ethics. it's a criminal investigation. somebody could go to jail for this. >> wheels of justice grind slowly but they grind fine. >> can our stage hands kindly get rick reichmuth into position to watch this next piece of video. extreme weather. winter storm creating chaos. snow and ice covered roads caused nearly 400 crashes. looked tha