so i want to tell you how first isabella kaminski responded to this tweet by john carney and she said correction i wasn't arguing was being bombarded by accusations based on misrepresented interpretation of my piece. over the last week so we're going to look at what her own words were that i responded to and the title of her article by isabella kaminski in the financial times you can look this up yourself was when memory becomes money the story of bitcoin so far now she starts off a piece saying that it's worth mentioning that bitcoin was first popularized in the murky underground universe of silk road so it's just these illegal drug dealers and takers and users and abusers who are the ones that popularized bitcoin and then she says it's also those gold bugs those weird gold bugs and speculators to have an interest in inflexible markets that they don't want flexibility of a currency and then she says. that said it's understandable why the darker elements in society might feel threatened by an economic system that's trending towards a more equitable distribution of wealth by means of g

cnbc's senior editor john carney has details on that. >> the first quarter bank earnings show that theks are continue to pile up capital. if you look at the amount of the capital the banks had at the end of the quarter versus what they're supposed to have under basel 3, the new global requirements agreed to by all the regulators, the bank are overcapitalized. take a look at this chart. morgan stanley already has a 9.4% tier one common ratio under basel 3. they only needed to get to 8.5%, and they had until 2019 to do it. bank of america has about 1% more than it needs by 2019, and citi, it's not quite there yet, but it's at 9.3% against a 9.5% target. when asked why the bank has so much more capital than it's required to, bank of america cfo bruce thompson told reporters that the bank had to get in compliance with the fed's capital review metrics, as well as basel 3. and various fed officials have been saying that they might raise requirements if they deem it necessary. we heard from jamie dimon, the jpmorgan ceo, who reminded investors that the bank had opted to cut share buybacks in

site and donate any resource you have some of the folks have stepped up so far like john hancock, john carney, larry lekino, and the boston foundation, all there willing to help. that's how boston has come together like never before. we're all here because this tragedy is not going to stop boston. we are boston. we are one community. we will not let terror take us over. >> thank you very much, mr. mayor. thanks to all of the donors, the inaugural donors if you will for the one fund boston and those who will contribute. in the nature of contributions, the lieutenant governor and i visited a couple hospitals this afternoon as well and one of the things that we had an opportunity to do is thank the extraordinary medical teams who have responded to the needs of people who were hurt. one of the things we learned is that there is a need for blood on a sustained basis. so this will be -- i just want to make sure everybody understands this the way i think i understand it. do not go and make a donation today but next week and the week after that there will be an ongoing need for blood donations. so, m

. >> john: jay carney said the president's proposals cutting social security proposals he felt had to be included as part of a compromise both sides could accept. do you or any of your colleagues agree? >> first, i'm a strong supporter of the president. i think he has done and continues to do a remarkable job. however, in this ins stands, i do not -- instance, i do not agree with the whole issue of the chained cpi and going in terms of using that as a method to find $230 billion in deficit-reduction or cost savings. i think this is very -- very very wrong because what it does is it attacks our veterans who rely on social security benefits. it really attacks the low income seniors who rely on 22,000 a year in social security. it really hits to the heart of the most vulnerable, our seniors, our veterans. i think it is downright wrong. i hope that this tactical move by the white house is that only, just a tactical move because i'm confident and the president has said in the past that there would be no benefit cuts but i tell you going into chained cpi, going into this formula would becom

as john carney mentioned at our briefing yesterday look they put this burden on the ffa. >> the loss off three-quarters of the budget and does not give them any flexibility. why? because it was written to be a bad law. >> bill: now there are a couple of ideas on the table in congress. again, notice what congress has responded to about the sequester, okay? they didn't respond to all of the cuts in head start around the country. they didn't respond to all of the cuts in meals on wheels for example, or other programs that would help the poor or middle class, emts getting laid off they didn't respond to the furloughs for pentagon employees. no. but white house tours, oh my god, right? or now flight delays. oh, my god. the sky is falling. the sky is falling. some republicans have come forward and said they want to sponsor legislation which would carve out an exemption to the sequesters just for airlines just for passengers who happen to be flying that day. you know what? no freakin' way. no way. why should they get any special treatment? see the problem is -- and i wrote a whole column ab

. >> secretary of state john kerry and jay carney have both emphasized negotiations for handling the north korean problem. will negotiations work? >> churchill said better to jaw jaw than war war, and i agree we ought to talk with north korea, john but the problem is kim jong-un has painted himself into a corner, or to use another metaphor, he is way out on a limb. he has threatened to attack american soldiers, attack the united states of america. now, if he does something now, the americans this time, unlike in the past, are going to respond and hit him hard, in which case you could have a war, and if he does nothing, he is in real danger of being humiliated and losing face with his own military and in his own country. so he is really out there. but i do agree with your basic premise, john, the united states, in my judgment, ought to communicate directly with him and, quite frankly, if i were barack obama, in the last analysis to prevent a war, i would call him up on the telephone and say, i want to talk to you. >> why is kim pushing obama's button? >> because he's the third generati

what went wrong. >> john: but jay carney insisted that the fbi had done its job. >> the fbi followedon the information that it received about tamerian tsarnaev. they investigated him thoroughly and did not find terrorism domestic or foreign. >> joining us a counter counterterrorism expert welcome back to "viewpoint." >> thanks, good to be here. >> john: happy to have you. one suspect is dead and the other is captured and may be communicating with police. what are the big outstanding questions that still need to be answered at this point. >> the first question you're going to ask are there accomplices. are there support structures in place in boston, the united states or overseas. what i mean by support structure, financial support moral support, was there an egress plan for these guys to be gotten out of boston? were there others there to help them? they had ammunition weapons and explosives when they were captured. were there other attacks they were going to carry out themselves or with the support of others. >> john: were there specifics about the types of guns they were using agai

that is right reporting from john carney found that out. some time after 2:00 p.m.ly at 2:00 p.m. yesterday. they released 100 trade lobbyists in an e-mail that goes out routinely. and also, the inspector general to look at the fed's procedures. a couple of questions come up. this would not be a routine insider trading case. we have no indication that anybody has. did the recipient know they received it early? did they act on the information receiving it was public or act knowing they received it a day early? those are the questions that may come out if it's found that somebody acted on it. they were a bit more hawkish than h many analysts expected. the question is whether the weak jobs report changed when the fed met. if that's come between now and then. here's what steve and stanley wrote. there was probably more support than i would have expected to see. he goes onto say that support is not all that koconsequential. we think the current intensity of the debate is probably less intense. and finally at bmo, assuming economic activity continues to improve, of course

. >> right, and we've got some clips, i think, of john kerry, joe biden and jay carney. talk me through them. because a lot of conflicting messages being sent by some of the top people in the american government. >> reporter: yeah. they sure are. what you're going to hear from -- you're going to hear secretary of state john kerry talking about his views on the tamerlan tsarnaev, and whether or not he was trained overseas or domestically. then you're going to hear vice president biden and how he characterizes the tsarnaev brothers. take a listen. >> a young person who went to russia and chechnya who blew people up in boston. so he didn't stay where he went but learned something where he went and came back with a willingness to kill people. >> why? people say to me, they surely know they can never defeat us. they can never overthrow us. they can never occupy us. so why? why whether it's al qaeda central out of the flatta or two twisted perverted, cowardly knockoff jihadists in boston. why do they do what they do? >> i think what's cowardly, and it was terrorism. but -- >>

>> john: at the white house, press secretary jay carney said senators owed their constituents at least a vote on the issue. >> if senators don't have the guts to go on the record, to vote how they feel on this issue, background checks or the other issues, that would be a shame. that would be disservice to their constituents and to the 90% of the american people who want this passed. >> john: opposition to wildly popular gun control isn't limited to the g.o.p. democratic senators mark pryor of arkansas and max baucus of montana said they may oppose the bill. baucus suggested he was only following orders. the orders of his voters, telling reporters and i quote... >> john: because that's called leadership. for families who have lost children to gun violence, the time for waiting is over. sandy hook parent neil his lon who lost his son jesse in the shooting explained why he's pushing for new laws in an ad released by mayors for illegal guns. >> i owe it to my son, jesse to speak up. i'm his voice. i feel if i didn't, i would be letting jesse down. >> john: for more, i'm pleased to be joine

. >> john: at the white house monday, press secretary jay carney insisted president obama did all he could but was blocked by the g.o.p. >> everybody here worked, from the president on down, worked hard to bring about this action on legislation. in the end congress has to vote on. the fact is there was a decision made largely within the republican party that they did not need to listen to the majority of the american people. >> john: does president obama deserve to be blamed for the gun bill's failure? for more, i'm delighted to be joined by former new york governor and current tv superstar, eliot spitzer. level thank you for inviting me back. >> john: you're a former chief executive of a state. if a bill face to pass the legislature, does the chief executive deserve the blame? >> it is a little more nuanced than a yes or no. the answer is sometimes and there are times when an executive, whether a governor or mayor or the president obviously should bring the full weight of his or her office to bear, to do everything possible, cut the deals, make the trades, do the sorts of back room

. >> but here's what we're looking for today from the white house, john. 1:15 p.m. jay carney is on the schedule to brief. then again as i said before 3:00 p.m. eastern, president obama was supposed to be at that nascar event, which would give him an opportunity to speak to the public. but all of this is subject to change certainly and we will not be surprised if it does. >> brianna keilar at the white house. thanks so much for being with us this morning. we want to bring in tag romney. you may recognize tag. tagg is mitt romney's son. he's also a boston resident, and like all boston residents, he knows just how important patriot's day is. it is hard to explain to people not from boston what an important day it is. tagg was on his way to the marathon, watching the streets, as the explosion happened. what did you see? >> you're right about boston. boston is about sports and culture and history and this day is a convergence of those three things. we were at fenway watching the morning red sox game. we came out to watch the end of the marathon and we had just happened in a cab tw

cnbc's chief washington correspondent john harwood joins us live from the white house. we heard jay carneyeiterate what austin ghoulsby said. this may all be about the sequester. what are you hearing? >> in fairness, austan did not say that the numbers that we saw today on jobs were because of the sequester. he was saying it would strengthen the argument against it. all economists agree it would be harmful. the question is has it been harmful so far? it has only been in effect one month reflecting the numbers and declining employment was not that great in this number. but this will strengthen the argument by the administration to say that once washington stands up from having been doubled over by that punch to the gut, we need to have a more rational approach to deficits reduction. in the eyes of the administration, that means, yes, some cuts but longer term, to entitlements rather than to discretionary spending in an arrest by trary way right now. they don't want further tax increases but it will be an interesting back and forth and see whether this propels those negotiations over a budge

john boehner tweeted under the hashtag obamaflightdelays. congressman eric cantor tweeted "why is president obama unnecessarily delaying your flight?" white house spokesman jay carney told reporters "the faa has no choice under the automatic budget cuts brought about by the congressional republican budget priorities. the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce risk at banks carrying more than $500 billion in assets. under the bill, the nation's largest lenders would have to raise the amount of money on hand, known as capital standards. the bi- partisan legislation is backed by a senate democrat and republican. they say the intent is to guard against the need for a taxpayer bailout in a financial crisis. the ceo and board of director

was celebrated and the president attended service saint john's episcopal church and the pastor said quote: today white house spokesman jay carney was asked about those comments and said this: >> he is not a politician. this is not a senator or member of congress or the president. this is a sermon that -- at a church here that's been visited by presidents of both parties for many, many years. and i think, you know, i don't have anything more on it for you. i haven't talked to the president about it. >> leslie, i'm going to start with you since we are all i find that rhetoric not at all helpful. we have immigration debate where people are working good faith. i know for a fact they are. we have a black president. massachusetts i have a black governor. we have a supreme court justice. we have -- race is always an issue in our country i think quite frankly we are handling it and moving forward in a thoughtful, judicious manner. how do these type of comments help the conversation? >> with all due respect i think it's easy for those of us who are not here tonight who aren't friend to make statements like that. this is a church both pa

actually going to happen and jay carney noted yesterday that they have not seen a movement of forces by north korea that indicates that they're preparing to strike. >> john harwood in washington. thank you very much. >> in addition to rattling stocks. those worries about what's happening on the korean peninsula is one of the factors drivering oil lower today. west texas crude, suffering the one-day decline since november 20th and there's in light with the tensions in north korea. >> as more and more investors rebalance their portfolios, tilting away from bonds, exchange-traded funds that own u.s. stocks are picking up a good portion of fresh money and the cash is coming from individual investors and traders alike. seema moti is here tonight. >> good evening, tyler. the most recent index shows traders are using exchange traded funds or etfs as a way to play the rally on wall street that we witnessed this year. investors allocated $14.7 billion into equity etfs in the month of march and during the same time, international equity etfs saw a net outflow of $1.7 million indicating that not only are traders long u.s. equity, but etfs indexes that represent a b

john. jon: that is the president's spokesman jay carney confirming what we've been telling you throughout thening here on "happening now" that letters containing the deadly poison ricin were mailed, one to president obama, one to senator roger wicker. those letters were intercepted. they did not cause disruption, cause a problem, but obviously nerves on edge on capitol hill, especially in the wake of the bombings at the boston marathon. the investigations into both incidents, the bombings, as well as the ricin mailings very much underway. we will be back with the latest on "happening now" in just a moment. anyone have occasional constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blo

john kerry! you got to love, love carney and his white wash brush. these people are amazing. one of the main questions that so many americans are going to be asking is, what was the older brother, tamerlan, doing for that six-month period in this jihad infested region? it was not a disneyland vacay. >> brian: it wasn't cancun. it was a -- by the way, john kerry didn't say anything out of turn. >> no. >> brian: he said the guy was overseas. he came back militant, even more extremist than when he left. he was already on the radar. he did nothing but recount what everyone experienced. by the way, that's his area. massachusetts is his home. so he should be allowed to speak off the cuff like that and to be muzzled has to be an insult. >> steve: speaking of massachusetts, michelle, i'm sure you saw this, up in massachusetts we were wondering how exactly this guy was able to pay for the -- the boys were able to pay fort bombs and guns and everything else. there is a story out now that apparently the older boy, young man that, is to say, was apparently selling pot. meanwhile, his ent

carney, the white house press secretary. we're getting some exclusive information from cnn's john king who is working his sources here in boston. and john is learning from boston law enforcement -- a boston law enforcement source and i want to be precise in what he's learning. this source telling john there has now been determined to be "substantial progress in the criminal investigation into the boston marathon bombings" and to quote this source "this is significant." we don't have more information. we don't know what the substantial progress is, but they're now suggesting that there is a significant development in this investigation, substantial progress. we're trying to reconnect with john. we'll get him on the phone very soon. he'll get us more information. but this potentially is a significant development in the investigation into the boston marathon bombings, three people killed, nearly 200 people injured as a result of that. meanwhile, there's other activity going on in washington right now including a capitol hill police briefing, the evacuation of some senate office buildings. let's listen in. >> -- responding to a su

including former bush administration attorney john yoo and david addington, chief of staff to former vice president dick cheney. white house press secretary jay carneyed the administration's action. >> implicated directly in the imprisonment and prison officials directly involved in decisions led to the death of magnitsky remain unpunished. this administration is can firm -- is committed. we will use the tools in the magnitsky act and other available legal authorities to assure the persons responsible for the mountain and then death of mr. magnitsky are barred from travelling to the u.s. and doing business here. a >> a florida police officer has been fired for using the likeness of trayvon martin as the targeting and practice. sergeant ron king reportedly offered the targets with trayvon martin's base to two other officers and civilian who all decline. trayvon martin was the unarmed african-american teenager shot by johnson and the last year. the officer apologized. >> i want to reach out and apologize to the family of trayvon martin for them needing to hear any of this and the grief it must bring them as well as all members of the community that we

john. >> all right, brianna, thank you. we should remind our viewers that we will have a live daily briefing from jay carney.his will now certainly be added to that conference. you all received one in addition to those on capitol hill, so certainly a frightening time. >> yes, law enforcement officials are not drawing a direct connection between the two, but it is fair and understandable to ask. we have a lot more information on this news. it is just breaking right now. it is about the suspicious letter sent to the white house and more on boston. back after the break. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. >>> back here in boston. we're at boylston street, and we just noticed there is obviously a huge security presence, and there is still crime scene tape up, there was group, a doesi do two men in white suits looking at forensics on the scene. the debris is still out on the ground. we'll get more on that investigation but we want to talk washington. >> yes, there

. >> bill: as jay carney pointed out yesterday, they did claim that john boehner got 98% of what he wantedty of george w. bush. dan castro says he is still guilty of committing war crimes. and also speaking of neils, [ inaudible ] says neil has the most beautiful voice in the media. i can listen to him for hours. >> oh, god. >> i'm telling you. >> you have a very pretty voice too, bill. >> bill: immigration reform, neil, it looked like it was heading right down the track. you had the gang of eight, and now boston bombing and some people are saying this proves we better not rush into immigration reform. and it looks like they are trying to use it to derail immigration reform. is it going to work? >> i don't think so. chuck grassley and a few have raised issues and then there are people like paul ryan who came out and basically said look this is -- moving forward on this is itself a security issue. and -- will this in the end get gummed up in the house? it could well. we just don't know what is going to happen i think in the house. but will the boston bombing thing debate? i don't think so.

john's episcopal church facing backlash for what some say are politics at the pulpit, attacking christians for their belief. but when fox news's ed henry confronted jay carney about it, this is what he had to say. >> was he surprised? were you surprised that reverend leon decided to get so political and attack leaders at one point saying they want blacks to be back in the back of the bus? sort of odd for easter. >> i wasn't there. i haven't spoken with the president. this was a sermon at a church here that's been visited by presidents of both parties for many, many years. and i think -- you know, i don't have anything more on it for you. >> charles krauthammer is talking about that issue saying he doesn't believe this is a reflection on president obama. >> it was -- it appeared to have no connection intrinsic with him. i don't think he owes him any allegiance. i think what jay carney said is he has every right to stay away from this. i don't think it implicates him at all. what i found incredibly offensive is the language used is the language that echoed, that ted kennedy used when the nomination of robert bork was announced where he went on this libel agai

john: ed henry does a terrific job there. you can tell his ex dhiangsz with jay carney are laced with a lot of pointed rhetoric. >> this is whatteresting. pfeiffer and company you say sau him talking to chris having a get to point where they can do a budget or do something. that is reflection on the president's lame duck status. the sand is running through the hour glass and they have to do it. there is parallel construction with the press. if they think they can continue to trade access to the president for favorable coverage every day the president is in office access is one day less valuable. >> john: it's november 14th. >> every day between now and then pfeiffer has less potency. >> john: i remember when i first joined the white house press corps, i was invited to two state dinners. then i asked president clinton a tough question and never got invited again. are they doing something different? >> they are doing it at lower level with more frequency. what you are talking about there is important persons, important network, this is high stakes diplomacy. this the way we interact with countries. when you are talking about --

house spokesman jay carney the proposal is not the president's ideal plan but is an effort to spark a compromise deficit deal. but congressional republicans, including house speaker johne already blasting the whole thing, and the president could face an even tougher time selling the social security changes to some of the liberal members of congress, members of his own party, wendell is live. seems like the president is trying to position himself as the voice of reason? >> i think so greg. it's continue with his new term offensive. the budget will be released next wednesday, and that night the president will host another dozen republicannan senators for dinner. the spending plan calls for half the tax hikes of the house plan. the senate budget has none. aides athis is a reasonable compromise. >> this is not the president's ideal budget. it's not what he would do if he were king or only people who supported his proposals were in congress. its what he believes is a fair and balanced approach to the deficit challenge. >> the white house says the burden of cutting the deficit falls on the backs of the poor and middle class. >> what is the white house saying. >> the plan is

bill: to that point, john kerry was overseas made a comment that was clarified by the state department. this is how jay carneyeacted about what he said the vice president had to say. >> i'm saying that the question of whether or not that he had any associations is one under investigation by the proper authorities and, we obviously have some information. some has made its way into press reports but, that investigation is not complete. and, we're not going to make any conclusions until we have all the facts. bill: you know, doug, carney is right. >> of course he is right. bill: too darn early to characterize. >> too darn early. i'm disappointed monica wants to declare this an act of international terrorism before the facts are in. though may well be but if it is we need to take the appropriate steps. goodness gracious is, bill, at this time it is wrong to point fingers, reach conclusions and be definitive when we just don't know the full facts. of course monica is right. this is more risk tragedy. let's try to deal with it as one nation. >> it is not a tragedy. doug i have to disagree. this is a tragedy for tho

[inaudible conversations] >> we heard press secretary jay carney talk about north korea's nuclear policy. secretary of state john kerry is at a meeting with the south korea's foreign minister live here on c-span2 at 4:20 eastern. jay carney talked about gun legislation. here's a few minutes of elijiah cummings, the top democrat on the house oversight and government reform committee, about a business -- [inaudible] that would make gun trafficking a federal offense. >> now, i've been asked apart from our gun trafficking bill whether i support other gun-related legislation, and the answer is, i do. for example, i believe fixing the background check system is one of the most common sense actions we can take to prevent criminals from getting guns. and i think that it would complement our gun trafficking legislation very well. background checks would prevent many criminals from obtaining guns, and the anti-trafficking legislation would impose strong new criminal penalties on those who try to get around the system.et for myself i have chosen to focus primarily on guncus trafficking legislation because it isly an issue

but worse for the president and why carney is unhinged he's lost the media support on this and totally abandoned his plank. he got in a shouting match similar with johnarlo from abc news because of the white house secret service not wanting to give the carlos and carl brought up the very he good point, how much is your trip to florida to play golf with tiger woods and that set off a whole thing. and the media and obama overreach with sequester and new york times, the president that cried wolf. bob woodward the one that blew the whistle on the obama administration, pointing out the sequester. and the loss of the white house press corps that usually protects them. >> megyn: can you respond to that point specifically, simon? >> about the defensiveness. >> megyn: and tony's theory t their feeling that they are losing a press that had been, you know, pretty enamored to some extent with the president. >> i'm not sure that the white house staff would feel that the press is in love with them over the last four years, but-- >> you remember president obama even joked that the white house correspondents dinner, all of you covered me, most of you voted for me. >

carney yesterday. >> i think in a situation like this, we ought to let the investigators do their work. >> stephanie: lindsay -- [ laughter ] >> what about benghazi. oh my stars! >> stephanie: talking to you vapors. johnt to russia and chechnya who blew people up in boston so he didn't stay where he went but learned something where he went, and came back with a willingness to tell people. >> stephanie: that's what is hard to tell because of -- you know misha -- [♪ dramatic music ♪] >> stephanie: my favorite character so far. but he radicalized him here friend of the family just described as bald and fat and with a red beard. >> like a false red -- crimson red. >> okay. >> stephanie: okay. thank for that fact. >> stephanie: if -- >> if you are looking for a red-headed guy you are looking for the wrong person. >> stephanie: oh okay. fine. the senator from maine. >> he put stuff on the youtube videos, and is there some way we should be monitoring those kinds of things? >> yeah. >> stephanie: yes, probably. it looks like they were radicalized somehow, internet this misha guy, whatever -- but as jay carney just said you have to let the investigation continue. peter king yesterday. >> it is working much bet

carney's mind. there is a question in the minds of some critics on capitol hill and particular senator lindsey graham who along with his comrade, i would say senator johnsuggested that he should be tried as an enemy combatant in the military tribunal. but i think the obama administration was arguing very reasonably this was basically a u.s. citizen. tsarnaev had recently been naturalized, who committed allegedly, these acts on u.s. soil. so it was pretty straightforward. and you know, what's been left out of the conversation, i think is just how troubled the military tribunal system has become. it has really become difficult. a lot of tainted evidence, a lot of questions about whether, in any way, you can reconcile the procedures of these military tribunals with the constitution. that's something the administration didn't want to get into particularly given as carney pointed out you've had hundreds of terrorists prosecuted in u.s. courts and quite successfully. >> bill: in fact, senator dianne feinstein and yesterday jay carney made the same point that it would be -- it is unconstitutional to try an american citizen as an enemy combatant, right? an ame