we hear from the man behind the deal, kenneth feinberg, in his first live interview since the announcement. president obama pledged to act on immigration reform, without congress, after getting word that house republicans will not vote on any legislation this year. plus: they beat cancer as kids, but face a lifetime of health challenges. >> a recent study found that adult survivors of childhood cancer are five times more likely than their siblings to develop new cancers, heart problems and other serious health conditions after the age of 35. >> woodruff: those are just some of the stories we're covering on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: >> i've been around long enough to recognize the people who are out there owning it. the ones getting involved, staying engaged. they are not afraid to question the path they're on. because the one question they never want to ask is, "how did i end up here?" i started schwab with those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >> whe

you spoke to kenneth feinberg. what did he tell you about the payoffs and how to determine who's worth what, i guess you could say? >> that's a very difficult question as he said. here's the deal, though. you have got an untold number, an unknown number right now of dead and an unknown number of injured. they'll start submitting the claims on august 1st. they have to have them submitted by september 31st and the payout could be anywhere from, for example, $2 million for the surviving family members of a 17-year-old student who was not married and did not have children, those surviving family members in the neighborhood of $2 million total. to a 25-year-old parent, for example, who might have two kids and making about $46,000. they might see their family members get closer to $4.5 million. and then go all the way up to, for example, a 10-year-old paraplegic who became a paraplegic because of a terrible car crash. talking about the high single digits to double digits in terms of millions of dollars. it is a sliding s

kenneth feinberg on the the latest g.m. recall. the supreme court takes on obamacare. and we debate the ex-im bank and immigration. ♪ ♪ we begin the program with former deputy secretary of defense paul wolfowitz. thank you for being with us. iraq. all the elements of a failed state, politically, militarily, rather than look back, what should we do right now? >> let's say, first of all, failed state maybe yes, but look at northern iraq. the kurdish areas are prosperous. this is not only about iraq. it is not primarily about iraq. it is about al qaeda and this al qaeda in the islamic levant in iraq. and that's our real enemy. >> so what should we do? >> yes, there is a sectarian dimension to it. but when you say sectarian, people sensibly say let's stay out of it. when you say al qaeda, they wake up and say, yes, there is a problem. the second thing i would say is we need to look for friends everywhere. we still have a few left. an awful lot of people do not believe in us, our friends and enemies. but we should be looking for them. and i would say start in syria. sunnis

. >>> also today, attorney kenneth feinberg announced plans to pay victims of crashes involving those defective gm defective ignition switches. we know of at least 13 deaths. each of the victim's families will receive at least $1 million. feinberg has had the same role, distributing money for damages after 9/11, the bp oil spill, and the boston marathon bombings as well. >>> president obama today nominated a veteran of military and business to become secretary of veteran affairs. he's robert mcdonald, a west point graduate. he became an airborne army ranger. more recently he was are lly he procter & gamble. after a life in the consumer products business, he now takes over a va hounded by the scandal involve aring treatment delays at v.a. hospitals. >>> still ahead for us tonight, buried in the fine print, the controversial experiment by facebook that some say was tinkering with users' emotions. >>> and later, matt lauer's exclusive interview with pippa middleton, starting with the day she became known around the world. >>> we're back with this news about facebook today that upset a lo

. >> this past monday, victim monday, victims compensation adviser and attorney kenneth feinberg cannot compensation plan for the family of people killed or injured in car related to follow the ignition switches and she had vehicles. he previously advised families affected by september 11 attacks, the virginia tech shooting the bus thereupon bombing. [inaudible conversations] [inaudible conversations] >> good morning, ladies and gentlemen. thank you all for coming this morning. my name is kenneth feinberg and i've been assigned the task of designing and ministering the gm admission compensation claims resolution protocol, the gm in distance with untruths which compensation program. i want to spend a few minutes this morning with an overview of the program, how we got where we are. second way, i want to summarize the eligibility criteria for claiming who can file a claim. in third, i want to explain about the dollars and the compensation available under the program. we started drafting this protocol about two months ago. initially it gm's request, we have reached out to a wide variety of

>> kenneth feinberg is heading up the -- [inaudible] >> and president obama making a statement on the situation in ukraine regarding the shootdown of the malaysian jetliner last week and the investigation and designation of the victims. starting with a statement of support for secretary of state john kerry as he heads to the middle east in an attempt to bring an ends to hostilities between israel and hamas. the president also mentioning the rollout of the investigation into the downing of flight mh-17. the president expressing dismay about access to the crash site and how investigators are being prevented from approaching the site because of armed separatists. president obama warned of further isolation to russia if it fails to assist in the investigation. if you missed any of what the president had to say, it's available online in our c-span video library. go to c-span.org. >>> coming up shortly, politico will look at the political climate heading into the fall's midterm elections and the potential implications for the 2016 presidential election. political consultants, pollsters and

my name is kenneth feinberg.d i have been assigned the task of designing and administering the gm ignition compensation claims resolution protocol. claims resolution protocol, the gm ignition switch compensation program. i want to spend a few minutes this morning an overview of the program, how we got where we are. secondly, i want to summarize

hired kenneth feinberg to be the sole decider on how much to pay victims or survivors. he'll start receiving claims on august 1. >> g.m. has said under this program anybody who already settled their claim with general motors before they knew about this cover up or this ignition switch problem may rip up the release they signed and come back into this program to get additional compensation. >> they advice that you only use the single key to turn your car on and off and if that key came with a key fob, they advise that you take that off, too. >> proud algerian fans singing and dancing in the streets of paris, even after their team lost to germany. after yesterday's dramatic game went into extra time, the boys in white and green will be heading home, but this was the first time ever algeria reached the top 16 in the world cup tournament, and it is, of course, game day for team usa, the americans against belgium, their first match in the knockout round. do you see the worry on my face. >> i see concern, not worry. >> the loser gets a ticket back home, soccer fans getting re

our first witness today -- first panel exists of kenneth feinberg and ms. barra in charge of the fund that will compensate people who suffered tragically as a result of gm's failures, and we look forward to your testimony, and thank you very much for being here. mr. feinberg. >> i want to thank the chair for her vigorous leadership in this matter. i want to thank all the members of this committee, subcommittee. i want to thank senator blumenthal and his staff for providing valuable suggestions what the protocol should look like, and i thank senator blunt indirectly. indirectly because senator blunt was critically important and very instrumental in the design and administration of the 9/11 victim compensation fund which proved to be a precedent for much of what is in this proto l protocol, and i want to publicly thank senator's work in the drafting of the 9/11 compensation fund. over the last 35 years, worked by my side in the drafting, design, and administration of the 9/11 fund, the bp oil spill fund, one fund boston marathon, the virginia tech memorial fu

during this show we will hear from family members of the gm crash victims, kenneth feinberg the administratoror that fund. this is one special you can't afford to miss. coming up, wall street worst-case scenario, iran bonds. what you need to know to prepare to cover your assets and here is the consumer gauge with the number that matter to you. s&p 500 up nearly 7% for the year. we will be right back. gerri: well, us stocks were in the red today after reaching record highs last week. what can we expect after the dow's record hitting 17000 and when will the s&p hit its milestone cracks joining me now our david mcabee. david scranton ceo and founder and wall street journal reporter veronica. great to have you here. i went to pivot to bonds for a second because lots of concerns about bonds and as you know we get a rise in interest rates and people would pile up the doors to the exits tried to get out. is this an issue and i will start with david, what can we expect? what would it look like if everyone decides to sell at the same time? >> it's a big issue because contrary to popular opinion it's n

for witness today and our first panel consists entirely of kenneth feinberg and ms. tran five who are in charge to find that will compensate many of the people who have suffered tragically as a result of gm's failures that we look forward to your testimony thank you for being here, mr. feinberg. >> i want to thank the chair for her vigorous leadership in this matter. i want to thank all the members of this committee, said committee. i particularly want to thank senator bloom at all and his staff. they provide a valuable suggestions as to what this protocol should the like and indirectly it must thank senator blaum. and directly because senator blaum was critically important and very instrumental in the design of the 9/11 victim, patient fund, which proved to be a precedent for much of what is and this protocol and i want to publicly thank senator blunt for his work many years ago in the drafting of the 9/11 victim compensation sent. ms. camille biros were for the last 35 years has worked at my side in the drafting, design and administration of the 9/11 fund, the bp o

. >> attorney kenneth feinberg has announced a compensation plan for victims and families of people killed or injured in car accidents related to the faulty ignition switches and general motors cars. he spoke at the national press club for an hour. >> good morning ladies and shoeman and thank you all for coming this way. my name is kenneth feinberg and i have been assigned the task of designing and administering the gm admission compensation claims resolution protocol, the gm ignition switch compensation program. i want to spend a few minutes this morning a an overview of the program and how we got where we are. secondly i want to summarize the eligibility criteria for claimants who can file a claim and third, i want to explain a bit of dollars and the compensation is available under the program. we started drafting this protocol ii months ago. initially at gm's request. we have reached out to a wide for i.d. of individuals and institutions to get as much information as we could about what ought to be in this program. i think general lotus for their total cooperation in establishing this p

. >> next, kenneth feinberg announces the gm compensation plan for those affected by the faulty ignitionswitches. gm has acknowledged the defects were responsive for for as many as 64 crashes and resulting in deaths. programs compensation for the september 11 attacks and the boston marathon bombings. this conference is one hour. [inaudible conversations] >> good morning, ladies and gentlemen. thank you all for coming this morning. my name is kenneth feinberg, and i've been assigned the task of designing and administering the gm ignition compensation claims resolution protocol, the gm ignition switch compensation program. i want to spend a few minutes this morning, a, an overview of the program, how we got where we are. secondly, i want to summarize the eligibility criteria for claimants who can file a claim. there are and third, i want to explain a bit the dollars and the compensation that is available under the ram. under the program. we started drafting this protocol about two months ago at, initially, gm's request. we have reached out to a wide variety of individuals and institutions

miss barra with kenneth feinberg who is heading up gm's compensation program and gm's top lawyer are also appearing at today's hearing. senator claire mccaskill chairs the subcommittee, while senator john thune serves as the ranking member. we're expecting mr. feinberg to appear first.

it seems like they have had a cerro investigation of bob lucas, they put kenneth feinberg out to reconciletims and the families of the deceased. there will be more than 13 because he is using a much broader, apparently more fair and accurate measure it's been gm was using in a very narrow engineering definition. they were looking only at the front seat passengers and things like that. it will be a bigger number. hery barra has to leadin t company through, show stability and show they are fixing it, and then take the company beyond it and help them be a better cup and quit looking in the past in dealing with their old problems and try to get onto some new stuff. >> understandably so. , if your phone rings and it is mary barra on the other line, what do you tell her? >> that she is doing a good job. i think she has got to do these recalls now. if there is a problem, now is the time to do with that, not a year from now, two years from now. i could cost her her job. she has got to get the ideas out, deal with the problems -- she has got to get the bad news out, deal with the problems now. >> s

senators heard from kenneth feinberg for about an hour. after his testimony, members of the senate commerce subcommittee on consumer protection questioned mary barra and michael milikin. >>> all right. this hearing will come to order. we revisit today the tragic management failures at gm that killed people. first, i want to acknowledge in my opening remarks then from my viewpoint the ceo of general motors, mary barra, has stepped up and con fronted head-on the problem and corporate culture that caused it. some see the record-number of recalls at general motors as a problem, i see it as a good sign. second, i want to briefly say that i think i speak on behalf of all members of congress who have asked very difficult questions surrounding these tragic events that while we are asking tough questions, we have great respect for the workers of general motors. i would like to take this moment to thank the workers at general motors. you are terrific. you build good cars. and you also were the victims of outrageously incompetent management. manageme

[inaudible conversations] [inaudible conversations] >> kenneth feinberg of general motors for their nation such programs met with reporters this week to talk about his work. here's some of what he had to say. >> can fill about with the. quick question on your interaction with nary far from general motors. how often did you talk with her in setting this up? kinney characterized nature of those conversations? >> i spoke with mary two or three times. almost all of my conversations involved other people at general motors. but i did meet with her two or three times. absolutely 100% cooperative. we want to do the right thing. general motors is a great company. we want to do right by those who are innocent victims in general motors has been extremely helpful. i've had a very important not to limit our input from just general motors. i'm into various plaintiffs lawyers around the country and asked them what they thought about some of the features of the protocol and of course the center for auto safety in washington. i miss a general motors said no time -- they signed onto it and you'll have to as

is -- first witness today and our first panel consists entirely of kenneth feinberg and ms. biros, who are in charge of the fund that will compensate many of the people who have suffered tragically as a result of gm failures. we look forward to your testimony, and thank you for being here, mr. feinberg. for want to thank the chair her vigorous leadership in this matter. i want to thank all the members of this subcommittee. i particularly want to thank senator blumenthal and his staff. valuableided some constructive suggestions as to what this protocol should look like, and indirectly i must because thenator senator was critically important and very instrumental in the design and administration of the 9/11 victim compensation fund, which proved to be a precedent for much of what is in this protocol. i want to publicly thank the senator for his work many years ago in the drafting of the 9/11 victim compensation fund. miss camille by rose, who has worked at my side in the drafting, design, and administration of the 9/11 fund, the bp oil spill fund, one fund boston marathon, the

my name is kenneth feinberg. and i have been assigned the task of designing and administering the gm ignition compensation claims resolution protocol. claims resolution protocol, the gm ignition switch compensation program. i want to spend a few minutes this morning an overview of the program, how we got where we are. secondly, i want to summarize the eligibility criteria for claimants who can file a claim. third, i want to explain a bit the dollars and the compensation that is available under the program. we started drafting is protocol about two months ago at initially gm's request. we have reached out to a wide variety of individuals and institutions to get as much information as we could about what ought to be in this program. i thank general motors for their total cooperation in establishing this program, they are funding it, and they are funding it without any tap on the aggregate amount of money that will be available. gm basically has said whatever it costs to pay all eligible claims under the protocol, t

between a population that is included in the compensation program that is being administered by kenneth feinberg as it relates to specific issues, series of mistakes that were made of were made over long period of time and what i'll call the cobalt family of vehicles. so a very specific set of facts. on the other vehicles i would say quite the contrary. we went aggressively and proactively and looked at each of the systems as it relates to how they worked. and recommending in some cases even with no field data and tesl we did testing to understand what people put on their key rings and then it generally the population puts .6 pounds. >> i apologize for interesting and stand stand that there are technical distinctions between the two ignition switches but isn't it true that regardless of the distinctions in the so-called population group, ignition switches failed in all of those models? >> no. i would say there are very different facts related to what happened in the cobalt ignition switch situation versus the actions we have taken are very different. >> of you could supplement that response was

the automaker's general counsel, the ceo of delphi, gm compensation advisor kenneth feinberg and gm's internal investigation leader also take part in that hearing. our coverage starts at 10:00 p.m. eastern time on thursday. >>> 40 years ago, the water gate scandal led to the only resignation of an american president. throughout this month and early august, american history tv revisits 1974 and the final weeks of the nixon administration. this weekend, opening statements from the house judiciary committee as members consider articles of impeachment against president nixon. >> selection of the president occupies a very unique position within our political system. it is the one act in which the entire country participates and the result is binding upon all of the states for four years. the outcome is accepted, the occupant of that office stands as a symbol of our national unity and commitment. so it is tf the majority will ie undone, if that symbol is to be replaced through the action of the elected representatives, then it must be for substantial and not trivial offenses supported by fa

between the population that is included in the compensation program that's being administered by kenneth feinberg as it relates to very specific issues, series of mistakes that were made over a long period of time in what i'll call the cobalt family of vehicles. so a very specific set of facts. on the other vehicles i would say quite the contrary. we went aggressively and proactively and looked at each of the systems as it relates to how it work and recommended in some cases even with no field data and did testing, by the way, that was -- first of all, with did testing to understand what people put on their key rings, and then we generally -- 99% of the population puts 0.6 pounds -- >> i apologize for interrupting. i understand that there are technical distinctions between the two ignition switches, but isn't it true that regardless of the distinctions in the so-called population group, ignition switches failed in all of those models? >> no. i would say there's very different facts related to what happened in the cobalt ignition switch situation versus the actions we've taken. very different. >>

general motors recalled 8.2 .illion cars yesterday it says the news came hours after kenneth feinberg attorney, presented his plans to compensate victims of crashes due to faulty switches. you have the president naming a new veterans affairs secretary. this was a headline from usa today. --edging to pu we have got all of that in the news this morning. you can weigh in on those issues or the supreme court yesterday. and the president today here in washington will be talking about the economy and will be calling on congress to renew more bridge and road projects, as well as the highway trust fund. we will get to your thoughts in open phones here in just a minute. first, joining us on the phone this morning is a reporter with the new york times. here is his headline in the newspaper this morning. -- steven greenhouse, you write in the first paragraph here the supreme court dealt a limited blow to organized labor. >> good morning. the supreme court decided a group of public sector workers do not have to pay mandatory .nion fees to unions specifically, the case involved home care workers i

also testifying at the hearing, kenneth feinberg, who's advising g.m. on how to compensate victims killed or injured in cars the automaker is now recalling. again that gets under way tomorrow morning at 10:00 a.m. eastern time on c-span3. and today on capitol hill, federal reserve chair janet yellen testified before the house financial services committee. here's an exchange she had with an -- with a congressman about the nation's housing market. >> i wanted to ask what forces are contributing to this lackluster housing economy? >> house zg seem to be recovering throughout most of the recovery and it looked like it was on a reasonably solid course, recovering from a very low level. and then we saw essentially a cessation of progress when mortgage rates rose significantly last year. i think my expectation was that that would be a temporary setback for housing and with mortgage rates higher but still at very low levels, and with a period of very weak household formation, i expected that, you know, we would see a rebound by now, a pickup in the housing sect