host: john taylor? caller: i think he is absolutely correct. -- guest: i think he is absolutely correct. he is raising an issue that all americans are concerned with. we have a congress, and their first job is to get reelected. most people think they are mindful and thoughtful about what to do to solve the nation's problems. when you look at the legislation that did not get passed, and you just had a very good show on health care -- we just do not have the kind of thoughtful, committed congress that is going to do fundamental things to make sure the interests of consumers firstcome first. we learned from the financial crisis that because we did not have protection measures in place, you had unscrupulous lenders who were able to do the kind of lending that toppled this nation economically. to this day, we do not have a consumer finance protection agency. we do not have a national federal law that outlaws predatory lending to we have a credit card bill. the industry already made changes to go around the t

host: john taylor? caller: i think he is absolutely correct. -- guest: i think he is absolutely correct. he is raising an issue that all americans are concerned with. we have a congress, and their first job is to get reelected. most people think they are mindful and thoughtful about what to do to solve the nation's problems. when you look at the legislation that did not get passed, and you just had a very good show on health care -- we just do not have the kind of thoughtful, committed congress that is going to do fundamental things to make sure the interests of consumers firstcome first. we learned from the financial crisis that because we did not have protection measures in place, you had unscrupulous lenders who were able to do the kind of lending that toppled this nation economically. to this day, we do not have a consumer finance protection agency. we do not have a national federal law that outlaws predatory lending to we have a credit card bill. the industry already made changes to go around the t

we just heard john taylor with this consumer reinvestment group saying essentially it's too weak. it's not stand-alone, which is something you wanted initially. he's saying it's under the fed, the federal reserve, where he says there are extensive conflicts of interest. which will prevent that agency from doing the job it needs to do. >> let me urge john to read the bill. it sounds like he's reading press releases not the bill. i said there were four principles that i wanted as a part of a consumer protection agency bureau division. one is that the head of it be appointed by the president, confirmed by the united states senate. two, it would have an independent source of funding which is the most maybe significant piece here, having the resources to do the job. third, that it would have the rule-making or fourthly the rule-making independent rule- making authority. and the authority to do the examinations and a part of the whole effort to enforce those regulations. this bill does exactly that. there were not the votes for an independent agency. but this agency housed at the federa

. >> tomorrow on "washington journal," john taylor joins us to talk about the efficacy of foreclosurerevention measures. peter eavis discussed the state of global financial markets. maria carrillo be onset to take your phone calls. that starts at live -- that starts like at 7:00 a.m. eastern here on c-span. >> almost 40 years ago, as lead engineer at motorola, he led the team that developed the first panel mobile phone. tonight, we look at the history and future of that industry on the "communicators" on c-span 2. >> remarks now by congressional budget office are director douglas elmendorf. he will talk about government debt. he spoke earlier today at the national association for business economics. this is about 45 minutes. >> good morning. on behalf of us here, i am delighted to be here to introduce mr. elmendorf. douglas elmendorf is the eighth director of the congressional budget office. it is a distinguished list and he augments that. before he came to the cbo, he was senior fellow and economic studies program at the brookings institution. he was co-editor of the brookings papers

john taylor. he is the president and ceo of the national community reinvestment coalition. today mr. taylor will present the findings of a ncrc examination of a rescue stands as well as results of a survey of distress bar were seeking assistance from hamp. thank you for being here. in and, of course, we also have with us mr. calabria, director of financial regulation studies at the cato institute and we're delighted to have all of you here so why don't we start with you, mr. barofsky, and then we would just come right down the line. >> thank you chairman towns, ranking member and members to have a privilege to appear to testify and to present our most recent audits on the hamp program. i like to think this committee for its support of our office and the leadership and tenacity your sean in bringing transparency and accountability to the hamp program. a program was announced more than a year ago and as treasury has demolished the results have been disappointing with fewer than 200,000 mortgages being permanently modified. in order to assess the success of the program however

washington journal," a look at the obama administration's efforts to reduce home foreclosures with john taylorter eavis discusses greece's debt crisis. maria carrillo after that. >> over 1000 middle and high school students entered our documentary competition with a short video on one of our country's greatest drinks or challenge were facing. we will announce the 75 winners and show you their winning videos at student kim -- march 10th. >> hour, and is available on television, radio, and on line. you can connect with us on twitter, facebook, and you do. signup for our schedule alert e- mails at c-span.org. >> the prime minister of greece is in washington for an official visit with president obama. george papandreou was in the brookings institution with a discussion about the economy. he was introduced by the president and former secretary of state. this is about one hour and 15 minutes. >> good morning to all of you. i'm strobe talbot. welcome to brookings. welcome to spring in washington. i'm ready for that. and welcome especially to the washington diplomatic corps, which is particularly well

john taylor will -- we will discuss gris's debt crisis with peter eavis. live at 7:00 a.m.eastern on c- span. >> over 1000 middle school and high-school students entered this year's student documentary competition with a short video on one of our country prosperous the strengths or a challenge our country faces. we will announce the winners on march 10 and show you winning videos. >> president obama had a meeting on health care. this is about 40 minutes. >> hello, pennsylvania. thank you. thank you very much. what a wonderful crowd. i love you back. i am kind of fired up. [applause] i am kind of fired up. this is just an extraordinary crowd. i love you back. there are some people i want to point out who are here and have been doing great work. give leslie a great round of applause for her wonderful introduction. [applause] somebody who has been working tirelessly on your behalf doing a great job, the secretary of health and human services, kathleen sebelius, is in the house. [applause] one of the finest governor is in the country, ed rendell is in the house. [applause] ever

corp. 2010] >> tomorrow, a look of the obama administration's efforts to reduce foreclosure with john taylor. we will discuss gris's debt crisis -- greece's debt crisis. live at 7:00 a.m. eastern, here on c-span. >> over 1000 middle and high school students entered this year's student chem documentary series with a short video on one of our country's greatest strengths or a challenge it is facing. we will reveal the winners on march 10 and show you the videos. >> the prime minister of increases in washington this week for an official visit with president obama. george papandreou discussed his nation's economy and the relationship with the united states. this is about an hour and 15 minutes. >> good morning to all of you. i'm strobe talbot. welcome to brookings. welcome to spring in washington. >> good morning. welcome. come especially to the washington diplomatic corps, which is particularly well represented here today. and i might add that the athens diplomatic corps is pretty well represented, too. by dan specker, united states ambassador to greece, a very dear friend and former colleague

. >> yesterday, willie geist, as you know, we had people like john legend, mayor bloomberg -- >> blair taylor. >> blair taylor with the urban league in los angeles. and everybody came together, had the same goal. that is, put the future of our children above the interests of adults. >> yeah. you know, joe, we were having the same conversation up here. mayor cory booker of newark and joel stein, the superintendent in new york city, got off the air and we stood over here for 30 -- excuse me, joel klein. it was a great conversation. and one that people are so anxious to have and to hear about. i think we started something good. >> again, it's very positive, bipartisan. let us hope the president and congress can come together and they're going to have to stand up some very powerful special interests. the overwhelming majority of america will be with them. willie, let's talk quickly. and let's not talk about syracuse for chris's sake. >> that was bad. >> take us through what happened last night in the ncaa tournament. i didn't get to see a lot of it because we were actually having dinner with my o