there's a push right now to add a provision addressing currency manipulation in the asian pacific trade deal. do you think trade negotiations are an appropriate place for these currency issues and what if such an effort leads to the inclusion of international arbitration panel under tpp's enforcement procedures where companies or other nations could challenge future monetary policy decisions by the fed? >> so let me first say that i think currency manipulation that is undertaken in order to alter the competitive landscape and give one country an advantage in international trade is inappropriate and needs to be addressed, but that said, there are many factors that influence the value of currencies, including differences in economic growth and capital f w flows and as you mentioned monetary policy is a factor that can have an impact on currencies. so i would really be concerned about a regime that would introduce sanctions for currency manipulation to trade agreements when it could be the case that it would hamper or even hobble monetary policy. monetary policies we've undertaken the fede

currency manipulation distorts markets. as long as it's allowed to continue, trade cannot be free, trade cannot be fair. now, there's a growing bipartisan consensus that strong and enforceable currency rules are needed. needed to ensure a level playing field for both the legislative perspective and as part of any new free trade agreement. we believe, many of us, that it should be pardon of -- part of statutory reform but indeed included in those agreements that are struck. few actions by foreign governments do more to disrupt free trade and harm the united states' job market than currency manipulation. a wide array of economic think tanks including the laugher center at the pacific research institute, the peterson institute for international economics, the economic policy institute and the center for automotive research have all published what are extensive studies and commontary supporting a crackdown on currency manipulation. these groups hold varyying and diverse views on the benefits of free trade, so they may not all b

but they did find that currency manipulation is a driver. so it's very frustrating when we've raised this issue a number of times, and i know that you've, you've worked on this that in the negotiations this doesn't have a primacy or a priority that i would argue that it does. i i think currency manipulation is both unfair and very damaging, and it would be -- and it's kind of a double insult if it isn't raised and then tpp goes forward and tpa goes forward and we haven't addressed it. >> well, senator, first of all i want to agree with you that if countries pursue policies that are designed to gain unfair advantage on exchange rate for the purpose of trade advantage, it's wrong. we should push back. we do push back in the current international fora, the g7, the g20, the imf. but even more importantly, bilaterally. and i think that the epi study on japan is not entirely accurate. there is no evidence that in last several years japan has intervened in a way that would meet the standard that you're describing. i think that the activity that tha

yeah, i think we manipulate. we manipulate interest rates.ntries is really kind of rich when you think about it. by the way, happy anniversary there, big guy. >> for who? >> for us. >> oh, for -- >> come on. think back six years ago. february 19th about this exact time. short memory joe. >> was that the -- was that when we were talking about throwing some tea in boston harbor or something? >> yeah, yeah i think you kind of nailed it there, exactly. >> is that when it was? it's been six years already. >> today was the day? >> today was the day. you know, everybody who's a part of it should sign some type of document. >> that's so good. the birth of the tea party was on andrew's birthday. >> rick we share this day. >> that just seems fitting. >> that's great. and i think you'll look good in a triangle hat and a red jacket. you never know what happens down the road buddy. >> i think so too. thanks, rick. were we going to look at walmart here? >> i think so. i don't actually have the numbers in front of me because my computer's frozen up but look

just as it manipulates to japan, the economic policy institute found that currency manipulation is main driver in the deficit for japan and this displaced 896,000 jobs nationwide in 2013 including 40,100 jobs in pennsylvania. it's a broader measure of trade deficit. it's very frustrating. i think currency manipulation is both unfair and very damaging. it would be, it's a double insult if it isn't raised. i want to get your response to that. >> we do push back. the current international force. even more importantly bilaterally. i think the study on japan is not entirely accurate. there is no evidence that in the last several years japan has intervened in a way that would meet the standard that you're describing. i think the activity that the report is pointing to is not government activity but investment of funds in the private pension fund. private pension funds in the united states as well as other countries have mixed portfolios. i think if you did the analysis the united states invests in other countries as much as other countries invest in the united states. i don't believe there's

>> because i was manipulated to do it. >> by who? >> kevin. >> what'd you think? >> sabrina was a strong witness. >> i felt she did a good job. >> reporter: maybe so. but without anyone to corroborate sabrina's story, prosecutors feared the jury still wouldn't believe it or her. enter the next witness, sabrina's high school friend, autumn pavlik. autumn testified she had firsthand knowledge about the murder plan and kevin's involvement in it. according to autumn, sabrina once called her, thinking she had connections to a tough crowd and could find someone willing to kill lisa. >> there was a phone call that we'd had. she had asked me if i was able to get her a hit man. >> could you tell if there were any other people in the room at the time? >> yes. >> and how could you tell that? >> i could hear the defendant in the background talking. >> reporter: autumn then testified she and sabrina discussed the idea of paying the hit man by delivering drugs for him. that's when she said sabrina handed the phone to kevin. >> what did he ask you at that time? >> do you need me

manufacturers caused by currency manipulation. it would also provide consequences for countries who refuse to address currency manipulation. this idea that china is going to be writing rules, no. that's not true. china is not dictating to other countries in this deal. everybody is supposed to be an equal partner. but you know who is not an equal partner? you. the american taxpayer, the american service industry. what the president is doing to sell this, he is saying it is us against them. hey, it is china. if we're so worried about china, why did we give them favored nation trading status back in 1999? why did we do that? the strategy of this white house seems to be -- well whatever big business wants and if it undercuts our sovereignty, we can do that too. this one is going to mop everything up. it isn't. it simply isn't. there is very limited detail on this. get your cell phones out. i want to know what you think 37. tonight's question -- do you think president obama is right on this issue of tpp? we'll bring you the results lat

that is a great concern on currency manipulation. in terms of data just as it relates to japan the economic policy institute recently found that currency manipulation was the main driver of our growing deficit with japan. 896 jobs nationwide six jobs nationwide in 2013 including 40,100 jobs in pennsylvania. currency revelation as a driver. the privacy, i privacy, i think currency manipulation is both unfair and very damaging and would be -- and it is kind of a double insult. it is not raised. we have not addressed it. >> senator, i want to agree with you that if countries pursue policies that are designed to gain unfair advantage on exchange rates for the purpose of trade advantage it is wrong. we push back. the current international strategy but even more importantly bilaterally and the epi study on japan is not entirely accurate. there is no evidence in the last several years japan has intervened in a way that would meet the standard that you describe. the activity that report is pointing to is not government activity but the inves

it's been manipulated against the company. would just ask that you keep that in mind thank you for your service. >> thank you. >> mdm. chair. >> you mentioned that the current unemployment is listed at 5.7%. however, one alternative measure that seems to fully capture a better sense of labor force participation is the use six measure that lists total unemployment and underemployment is 11.3 percent as of january 2015. this measure has not dipped below 10 percent unemployment since before the crisis. according to the bureau of labor statistics data there are now 12 million more americans no longer participating in the workforce. do you agree that the unemployment number that you cited in your opening statement paints a rosy or better picture of the true unemployment rate? >> sen. senator, it is a broader measure of unemployment. it includes marginally attached and discouraged workers in also an unusually large number of individuals who are working part-time who would like. like full-time jobs. so it is a much broader indicator

the media have been manipulated on both sides. the same is true in many other regions around the world. >> what we actually observed this year, that in the majority of all the observed countries, we really see a decrease of the level of press freedom. i think that's a very tragic development. >>inland and norwaoffered the best conditions for press freedom. germany is in 12th place. both ukraine and russia have slipped down the ranking. here he is 177, and eritrea has the least press freedom -- syria is 177th. religious motives are increasingly used to intimidate journalists. >> we observed similar cases in kuwait and pakistan as well where journalists are punished for covering state issues. >> journalists attempting to report from the region are frequent the kidnapped and murdered. >> to the u.s. now where a court in the state of montana has sentenced a man to 70 years in prison for the deliberate homicide of a german exchange student. >> he will not be eligible for parole for the first 20 years of his sentence. he was convicted i

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who is not manipulating?ust the way to proceed, to convince that what you're doing is important. is no... nothing more than that. everyone is manipulating. >> whitaker: falciani did trigger an international alert... for his arrest. he became a man on the run. over the next four years his strange saga became absolutely bizarre. he says there were attempts on his life and that he was kidnapped by israeli mossad intelligence agents, things we could not substantiate. what we know for sure is that he ended up in a spanish jail for five months, fighting extradition, and made court appearances wearing disguises, saying he feared for his life. i've read mossad, kidnappings, shootings, disguises, fake names. come on, is this guy for real? >> falciani: yeah, this is real. this is real. everything is real. >> whitaker: you know how fantastical this all sounds? >> falciani: yeah. but i can assure you i was not prepared for that. >> whitaker: today, he's a hero in parts of europe for helping recover billions in unpaid tax

so, i think we should be on guard to against currency manipulation.ing with foreign county tr tris really try tries to crack down on currency manipulation. never the less, i think certainly, it's a principle agreed in the g7 that monetary policy oriented toward domestic goals like price stability or in our case, price stability and maximum employment. this is very valid use of a domestic tool for a domestic purpose. it is true that the use of that tool can have repercussions on exchange rates, but i really think it's not right to call that currency manipulation and to put it in the same bucket as interventions and exchange markets that are really geared toward changing the competitive landscape to the advantage of a country. >> mr. chairman, i would just my last couple of seconds, want to make the point that one of the things that has been absent from this discussion today has been we've talked a lot about your work, we haven't talked as much about our work and need to still address our own fiscal policies. i would simply point out that because of the

they are constantly blackmailed and manipulated by the regime. they must respond to the interests of the regime in order to keep their businesses running. they can't have their own unions. they can't defend their rights. that's why i insist, no type of commerce with cuba benefits the people. whoever enters cuba remains in the hands of the regime. whatever money enters cuba remains in the hands of the regime. i also want to say i feel a deep sadness every time i think of political prisoners. it is very hard in the 21st century that in the 21st century that are still people in my country who are imprisoned for their ideas. that there are so many marginal marginalized people who can't even finish their studies because of their ideas. it's not only this. many youth who are not directly involved in activity also suffer from persecution and also suffer from discrimination because they are the children of opposition. it is a crime that youth cannot pursue their studies. and that they desperately seek in prostitution a means of which to maintain their fa

a and you have to do two things you have to take away the power to manipulate the tax code, and you have to limit their terms. do those things and you change the dynamic completely. do those things and people will get their government back again. of the 17% flat tax will only be the beginning. i will continue to cut taxes from the bottom-up up, expanding family exemptions, dollar for dollar in every cut of the budget. this will be genetic for all americans to see. every dollar congress chooses to spend on a pet project is coming right out of america's families pockets. i want not only a flat tax, but flat tax that is a tax cut. let me caution my party that we must be aware of the candidates. those who put the letters at the end of every word. these candidates will end up putting our country in the emergency room. another pillar of a family-friendly policy, money, low mortgage rates. the house that your parents and grandparents bought was probably bought with a 4.5% mortgage. the washington politicians took control of our money and started manipulating it for their own ends. they sat here

what have the yemeni people done to them so that they would manipulate conspiracy one after another preventing yemeni people from achieving their lawful demands. the vacuum started following the resignation rendered by the yemeni president president hadi and the head of the government. what ask they aid by this resignation. and what did the forces backing them aim at? they aimed at closing an anarchy. closing a vacuum in all the state authorities and constitutions. this vacuum is coupled with other activities. toppling the integrity of the people aim to go device the countries therefore this vacuum is nothing but a conspiracy. it was an unjust step against the people who deserve to be served. the people who deserve to be served to the best of their interests. this move by the former president and the forces moving in this direction was a wrong move uncalculated, unwise, unjust move that fails to respect the people or the will of the people or the lawful demands of the people. this move aimed to plunge the country into may yes mayhem with the aim to see the country collapse. the glorious revolu

you are doing a survey in cuba, you are manipulated by the regime.t is unbelievable that we have swallowed this. and we have fallen in the trap that mr. castro set for you willing to swallow the regime, spread it to them, the utter falsehoods, and repeat it over and over again to the detriment of the truth and the public. it is such a great system, the public education system. as the witnesses have pointed out, it is a public indoctrination program. have you seen the textbooks? meant to stymie freethinking and free will. i have met with prominent cuban lgbt advocates, and they have vigorously dismissed the claims of progress on lgbty. they have condemned the denial of human rights for everyone. the castro regime will protect lgbt rights. they will protect the castro regime. but speak out against the regime and see how far that gets you. my first question to you is, can you honestly look at your co-panelists, in the eye, and tell them that the cuban picture is not a particularly grim one -- it is not that bad -- and that the torture, beatings imprison

they are manipulated by the regime. it is unbelievable.u have fallen into the trap that castro said following the swallow the regime propaganda spread it to give legitimacy. other falsehoods and repeated over and over again it is a public a public indoctrination program. have you seen the textbooks? progress on sexual discrimination, i have met with prominent cuban lg bt advocates who have vigorously dismissed the claims of progress. they have condemned condemned the continued denial of human rights. the regime we will protect rights if you agree with the regime. regime. they will protect anyone who agrees with the regime. but speak out against the regime and see how far you get. can you honestly look your panelists in the eye and told him the picture is not a particularly grim one and that the torture, beatings imprisonment harassment they have had to endure is not particularly grim. seventeen years in prison not particularly grim beatings the taint on sunday. people are looking to cuba and the press has done the standoff. how many more o

but in the mid-1960s, the washington politicians took control of our money and started manipulating itor their own ends. they sat here in washington, pushed their levers and buttons, and turned the everyday economic reality from "ozzie and harriet" to "nightmare on elm street." the legacy of their power grab is the historically high interest rates that make families today slaves to their mortgages. high taxes and high mortgage rates have put families on a treadmill, and the treadmill is winning. this is why two family incomes today don't seem to do the job that one did in times past. the answer: we must take our money out of the hands of the politicians. we can bring back 4 and 1/2 percent mortgages, lower interest rates, and give the economy a boost. as we did throughout our nation's history until the late 60's, we must tie the value of the dollar to a fixed measure, such as gold, so that a dollar today will be worth a dollar tomorrow. imagine what it would be like if you woke up tomorrow morning with a 17% flat tax that exempted the first $36,000 of income and a fixed long term mortg

i think we should be on guard against currency manipulation. the g-7 and international fora have agreed and i know our administration, in dealing with foreign countries, really tries to crack down on currency manipulation. nevertheless, i think certainly it's a principle of agreed in the g-7 that monetary policy oriented toward domestic goals like price stability or, in our case price stability in maximum employment, this is very valid use of a domestic tool for a domestic purpose. it is true that the use of that tool can have repercussions on exchange rates. but i really think it's not right to call that currency manipulation and to put it in the same bucket as interventions in the exchange markets that are really geared toward changing the competitive landscape to the advantage of a country. >> mr. chairman, i would just, with my last couple of seconds, want to make the point that one of the things that has been absent from this discussion today has been -- we've talked a lot about your work, we haven't talked as much about our work and need

cokeer be able to get so manipulative larger it's amazing that you guys are that much smarter than the two most prominent investors we'll have an obligation listening to our clients the survey revealed a - >> 30 seconds. >> the vast majority of the locals members if support that despite what of the the gentleman was telling us i urge you to vote against this because overall the biscuit thing you've failed to do is look at the 8 hundred pound ignore rely of why there was no alternate proposal put before you of vvl in the prudence index fund why not go to index funds and not hedge fund i guess your smarter than warren. >> good evening, everybody i'm ali haven't spoke at our meetings i didn't want to we have look good people doing a lot of good work i was so appreciative tonight to get those things out and side see i perform in come back with some sort of an answer form you you know i've been in the city over thirty years and retired for thirty years and retired for 10 thanks to my retirement board so i appreciate everything you've done he hope to pass it on to any wife, however, everythi

psychological, sexual, financial, and it can really be primarily through the use of social media sort of a manipulative, controlling type of behavior. the physical is usually what you'll see later. all the other things are the trigger sign, the warning signs we should be looking for. >> it's interesting, and i want to talk later in the half hour about how social media can help and hurt and raise awareness. >> julian, you have done a truly tremendous job, you were in eighth grade when you came up with this psa. >> back in 2012 when i was at eighth grade, i was at roberto clem mean tea focused on producing media. some classmates of ours we were introduced of this project by our teacher, mr. dempsey. this choose respect conference was introduced to us. so we made this psa, my friend daniel and i took up the roles as the actors and my other two friends came up with the idea. it was a cause that we were very interested in and hoping to raise a little more awafrns about. so we made the psa and amazingly in 2012 we won first place as eighth graders competing against high schoolers and other middle schoolers.

it was his wife, mary, a cunning and manipulative woman who had pulled the strings. >> all she wantedich means she's got to get rid of rob taglianetti. she's got to get him out of the picture. >>> coming up, an angry husband, or as the defense argued, a screaming wife? >> this is the story about manipulation and exploitation. >> who was really behind keith reed's death? i've always loved exploring and looking for something better. that's the way i look at life. especially now that i live with a higher risk of stroke due to afib a type of irregular heartbeat, not caused by a heart valve problem. i was taking warfarin, but wondered if i kept digging could i come up with something better. my doctor told me about eliquis... for three important reasons. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three, unlike warfarin there's no routine blood testing. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause seri

the investigation centers on whether marshals' schedules were manipulated to facilitate secret affairs. here's nbc's tom costello. >> reporter: outside of washington, the air marshal command center keeps track of potential terror threats every day, determining which high-risk passenger planes will get air marshal protection. but investigators are now looking into whether schedulers changed certain air marshals assignments as a personal favor or so they could later meet up for secret affairs. in one case an air marshal was allegedly rescheduled at least 20 times, taking him off assigned flights or missions. the center for investigative reporting broke the story confirmed by nbc news. >> these missions are created sometimes months in advance for a specific reason. and if air marshals are being taken off of these flights, that's a potential security risk. >> reporter: we don't know how many flights, if any, were left uncovered. now 60 employees are under scrutiny including dozens of air marshals. at least one female scheduler has been on paid leave for more than a year. former air marshal

they're manipulated by the regime. it's unbelievable that we swallow this. willing to swallow the regime propaganda. their utter falsehoods and repeat it over and over again to the detriment of the truth, the public, and especially the cuban people. it is such a great system the public education system. as these witnesses have pointed out, it is a public endoctrine nation program. have you seen the textbooks? meant to halt free will. i have met with lbgt activists that have dismissed the claims of progress. they condemn the lack of human rights for everyone. they will protect human rights if you agree with the castro regime. they will protect anyone that agrees with the castro regime. but being lbgt in community and speak out against the regime, see how far that gets you. my first question is can you honestly look at your copanelists in the eye and tell them in a the picture in cuba is not a particularly grim one? it's not that bad, and the torture, beatings, imprisonment and apartmentharassment they had to endure is not particularly grim. your 17 years in p

kind of politics in the arab world that have taken charge of their own destiny of those are being manipulated into not feeling they have the power to define themselves as citizens. with hundreds of thousands of people decided to pour into tahrir square, i was endeared city. i chronicled but first can the mishap of the region of iraq spending a lot of time looking for the dissidents tolling away with very little hope so those were working with little or no delusions'. i talk about these people and places for they can speak quite openly because the regime did not take them seriously. no one was listening to them. with the print media with electoral fraud nobody would pay attention. and with the police were surrounding them to keep them cordoned off. when the calculus flips on the head when its passes the entire society with the politicians and activists themselves that everything they knew all assumptions that was possible was a historical change. was suddenly proven to be baseless. i fell myself on the sidelines and i knew from the first moment that what ever happened in the square those that

hackers manipulating atms to spit out cash at a predetermined time of day. joining me now to try and explain all this from our sister network, fox business network's charles payne. let's start with these atms. spewing out cash just willy-nilly, randomly. how did they get into the systems for that? >> go back to the beginning. we all know phishing and the trojan virus. they were able to get into employees' networks. they would take screen shots of the employees every 20 seconds. they became these employees and they did it to hundreds of them eventually finding supervisors. they had a run of the place, they actually had a run of the joint from the inside. this is the ultimate inside job. once in there they can manipulate accounts. they made accounts eat payments. and they manipulated atms -- >> we're talking about $300 million to $1 billion stolen. this was mostly in russia. the victims were. but there were also victims in japan, the united states and other parts of europe. how is this going to affect the stock market when it reopens tomorrow? >> last week the

dahl's daily jobs were to seduce and manipulate the press and politicians. he was very effective. he was charming. he got here when he was 26 and within a few moments was playing poker with harry truman, going to parties at evalyn walsh mclean's mentioned in georgetown, dining with henry morgan thal, he became best friends with henry wallace, and in a very short time, he was sleeping with claire booth luce who was married to a fervent anti-new dealer. he was very outspoken in his criticism of the british. "time" and "life" kept running a tirade against the british their activities in india. churchill hated luce. when claire booth luce made a pass at dahl, dahl's superior said go for it. he was supposed to report back on his pillow talk, and he did. he ungraciously complained later to friends that luce was 13 years older than him. the line, close your eyes and think of england. now other main activity was to befriend and woo american journalists. he became friends with walter winchell. they were among the most powerful and influential asset columnist during the day and he would mee

with stories and a bad day for swiss banking for headlines and product sales being embroiled in manipulation investigation. myriad amounts of clients working on the swiss side of hsbc and the drug cartels and terror suspects are not good headlines. some pricing issues and traffic is up. pricing is under pressure. >> great work. we are opening lower. the ftse is off and it is all about greece once again. the minister reaffirmed the rejection of the bailout program before the emergency meeting of finance ministers. really digging in. we are joined now from aphids and let's get the top line. my take away was that this was an uncompromising speech. was that the takeaway and greece? >> yes. the area he did not emphasize very much was the subject of debt and he did not address that at length. beyond that, it was a reiteration of a lot of campaign pledging and the line was, a lot of people are saying that we are toning it down and tacking down. we are for real. all of this that we said that we were going to do we really mean it. the last few days, a lot of digging in and rejection of the bridge pro

i think we should be on guard to -- against currency manipulation. the g-7 and international fora have agreed and i know our administration, in dealing with foreign countries, really tries to crack down on currency manipulation. nevertheless i think certainly it's a principle of agreed in the g-7 that monetary policy oriented toward domestic goals like price stability or, in our case price stability in maximum employment this is very valid use of a domestic tool for a domestic purpose. it is true that the use of that tool can have repercussions on exchange rates. but i really think it's not right to call that currency manipulation and to put it in the same bucket as interventions in the exchange markets that are really geared toward changing the competitive landscape to the advantage of a country. >> mr. chairman, i would just, with my last couple of seconds, want to make the point that one of the things that has been absent from this discussion today has been -- we've talked a lot about your work, we haven't talked as much about our work and need to

currency manipulation has resulted in an increase of unfairly traded imports and made it difficult to compete in foreign markets and cost us millions of middle class jobs. tpt includes a number of former currency manipulators such as japan and other countries are discussing this who have been in the past manipulating their currency including china, taiwan and other countries. they have developed guidelines to define when it occurs. the problem is the imf lacks any enforcement provision. that is why i suggest taking the existing guidelines and building on them so they can bow addressed. i have heard concerns the u.s. monetary policy might be at risk with such a revision. but the imf guidelines clearly spell out the u.s. monetary policy including quantitative easing isn't currency manipulatiraq manipulatiraq. the united states has not engaged in the first step and we don't have a second amount of foreign reserves. the imf supported each round of quantitative easement since the great recession. the u.s. monetary policy would not be put at risk by addressing currency this way. i look forw

department of justice investigates potential manipulation of emerging markets currencies.begun for apple's next big thing. the company is sending out invitations to an event in march which will unveil details about the release of the apple watch. that is according to a person with knowledge of the matter. air asia posted a net loss of almost $119 million. nevertheless, the ceo told bloomberg that business is looking strong for 2015. >> associates are doing much better. thailand is booming. indonesia, despite what happened in the last three or four days sales have gone ahead of where we were this time last year. it is obviously a very tough period for all of us emotionally, but the team have held up well and business looks quite strong for 2015. anna: 7:46 here in london. let's stick with the aviation theme. the airbus ceo is speaking about the company's results. guy johnson is on the ground for us. good morning to you. what are the takeaways from the results this morning? >> good morning. the ceo just running through the numbers for 2014. the take away is that airbus deliv

on the one hand we learned this, but then we learned that you can manipulate the public what with entiresources at your disposal. so it's impossible for us to imagine. can you imagine your boss trying to tell you what to do when it doesn't work. and so you know, i have friends that are very pessimistic and whose response to this coup was just to give up and some of them have gone off into exile and do something else and hopefully be able to contribute next time and that is a good example that he tends to be talked about as a sellout for being willing to tamp down this is what he says is that we were at a moment where we could've won and we didn't. and this is kind of sort of like when he puts this bs and there about the two and then he says that at the end of the day but people went with us. there was a small group who wanted it, the people were not convinced. we failed to convince the people. so he didn't say that the people are stupid, that we failed to convince them honestly have to figure out a better way to convince them. so that's not the whole story and the old regime is ultimatel

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but if i wind up in a situation where it's being manipulated against my company it makes it awful tough to keep the workers working and to keep our economy growing. so i would just ask you that keep that in mind as you move forward and thank you so much for your service. >> thank you. >> madam chair, you mentioned that the current unemployment is listed at 5.7%. however, one alternative measure that seems to fully capture a better sense of labor force participation is the u 6 measure, that lists total unemployed and under employed at 11.3% as of january 2015. this measure has not dipped below 10% unemployment since before the crisis. according to the bureau of labor statistics data, there are now 12 million more americans no longer participating in the work force than january 2009. do you agree that the unemployment numbers that you cited, 5.7% in your opening statement, paints a rosy or a better picture of the true unemployment rate that i just cited? >> so senator, it's the u 6 is a broader measure of unemployment. it includes marginally attached and discouraged workers and also unusu

we've got 60 people that we fired who have manipulated wait times. we've got about 100 senior leaders who are under investigation now whose performance reviews have been deferred until we get feedback from the i.g. and department of justice. so we're holding people accountable. >> really? accountable? as of february 5, just 11 employees involved in that wait time manipulation have been fired. plenty of other employees have been listed as resigning, demoted or simply reprimanded, but not fired. >> $1 billion stolen by hackers in a massive worldwide data breach. a hacking ring reportedly infiltrated more than 100 banks in 30 countries within the last few years. the thieves programming a.t.m. machines to dispense money and transferring funds to fake accounts. they were able to avoid detection by constantly changing the banks that they targeted. >>> then a steamy photo of sinty trawferred in ling -- of cindy crawford in lingerie going viral but not for the reason you would expect. look at this photo. it is not photo shopped. she is a 48 mother of two and

with respect to market manipulation commodity areas manipulating markets, market manipulation is somethingcc are charged with overseeing. >> the chair now recognizes the gentleman from michigan to it -- from michigan. >> thank you. i appreciate you being here again. before we go into an issue regarding political influence on the fed, i want to briefly touch on where the chairman had gone regarding my federal reform bill . just to be clear, we do not say you cannot change a rule. what we're looking for is clear forward explanations about where you're going. i want to do this four times a year rather than twice a year. my friend from texas said he is concerned about gaining control from congress and concerned that we might not be all that functional having that dragged up twice a year, happened in that special whom by era of watergate, not exactly a time of great cooperation on the hill but it was because of precisely making sure the house and the senate had proper oversight of an entity they created, the federal reserve. should we be equally or even more concerned about threats posed by exe

our administration in dealing with foreign countries really tries to crack down on currency manipulationvertheless, it is a certain principle agreed in the g7 that monetary policy oriented to domestic goals like price stability or price stability and maximum employment, this is a valid use of a domestic tool for domestic purpose. it is true the use of that tool can have repercussions on exchange rates. i really think it is not right to call the currency manipulation and to put in the same bucket as interventions and exchange markets that are geared to changing the competitive landscape to the advantage of a country. >> mr. chairman, i want to make the point that one of the things that has been absent from this discussion today has been our work and we need to address our own fiscal policies. i was up late point out that because of the extraordinary remittances from the fed's expanded balance sheet, we have seen north of $420 billion in net additional revenue that has diminished our deficit. that is not something that can be projected onto the future. as we talk about the times of rising

. >> reporter: they feel manipulated by isil. the group demanded the release of iraqi prisoners and jordan was willing to negotiate an exchange deal. but isil demanded rishawi's release after they had already killed kassasbeh. the government hopes that the they would support. >> reporter: talking about this severe response, what form might that take, and is there widespread support for it? >> the king said that they will hit them on their ground and in their territory and it will be relentless. however, what more can jordan do because jordan is striking at isil targets from the sky. does that mean that they'll send ground troops or special operations. the government spokesperson said that there is no need to send ground troops or special operations. but this is the public line. definitely the government has more sport now than it had a month ago. maybe not an unanimous support but definitely the public opinion has shifted. when this crisis started and when moaz al-kassasbeh was captured the family did whatever it took to free kas

a and you have to do two things you have to take away the power to manipulate the tax code, and you have to limit their terms.