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Jan 11, 2015
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you just heard mike mccaul say they don't like to call the war on terrorism any more.y probably do use different words to describe it. do you think it's still a war on terror and it's greater or lesser a threat to the night stated than it was? >> i agree with congressman mccaul that the threats are no less, i think they are arguably greater than they have been in the past. morphed in to something different. but i do think there is a tendency toward political correctness on the part of the administration. we know that, for example when major hasan made his attack of fort hood they called that workplace violence. they call war on terror overseas contingency operations. we need to call it what it is because that's the first step to dealing with it on a realistic basis. >> schieffer: let me ask you this, on another subject the house passed keystone pipeline legislation, now comes to the senate, my sense is that the senate with republicans and majority are going to pass it. president says it's going to veto, do you at this point have the vote to override presidential veto?
you just heard mike mccaul say they don't like to call the war on terrorism any more.y probably do use different words to describe it. do you think it's still a war on terror and it's greater or lesser a threat to the night stated than it was? >> i agree with congressman mccaul that the threats are no less, i think they are arguably greater than they have been in the past. morphed in to something different. but i do think there is a tendency toward political correctness on the part of the...
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Jan 25, 2015
01/15
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mccaul. stay with us as we look ahead on "sunday morning futures" next. ♪ ah, push it. ♪ ♪ ♪ ♪ push it. ♪ ♪ p...push it real good! ♪ ♪ ♪ ♪ ow! ♪ ♪ oooh baby baby...baby baby. ♪ if you're salt-n-pepa, you tell people to push it. ♪ push it real good. ♪ it's what you do. ♪ ah. push it. ♪ if you want to save fifteen percent or more on car insurance you switch to geico. it's what you do. ♪ ah. push it. ♪ i'm pushing. i'm pushing it real good! >> welcome back. the secure our borders first bill is presented to congress as the toughest border security bill ever. among proposals deploying new technology along the border, new fencing requiring the department of homeland security to implement a bio bet rick system at all ports of industry. giving border patrol agents access to federal lands. mike mccaul is chairman of the house homeland security committee. thanks for joining us. >> thanks for having me maria. >> we went through headlines. can you go through specifics and why you think this is the answer
mccaul. stay with us as we look ahead on "sunday morning futures" next. ♪ ah, push it. ♪ ♪ ♪ ♪ push it. ♪ ♪ p...push it real good! ♪ ♪ ♪ ♪ ow! ♪ ♪ oooh baby baby...baby baby. ♪ if you're salt-n-pepa, you tell people to push it. ♪ push it real good. ♪ it's what you do. ♪ ah. push it. ♪ if you want to save fifteen percent or more on car insurance you switch to geico. it's what you do. ♪ ah. push it. ♪ i'm pushing. i'm pushing it real good!...
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Jan 25, 2015
01/15
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mike mccaul is chairman of the house homeland security committee. thanks for joining us. >> thanks for having me maria. >> we went through headlines. can you go through specifics and why you think this is the answer? >> yeah. i took delegation of 20 members of congress san diego, tucson and here in texas. behind me is rio grand river, behind that is mexico. you can see the boats we're using on the river. we need more assets and technology. what we've done in texas that worked is border surge. the state can only afford to do hah so long. this plan would be a border surge all across the southwest boarder and also on the maritime as well. in addition it will provide 100% visibility from the sky to see what's happening on the ground. right now we don't know what's happening on the ground. if you don't know what's happening, you can't stop it. we have the national guard in this bill as you said. we redeploy assets from theater of war that would have been left over will there redeploy those that are paid for by the tax payer and put them down here on the
mike mccaul is chairman of the house homeland security committee. thanks for joining us. >> thanks for having me maria. >> we went through headlines. can you go through specifics and why you think this is the answer? >> yeah. i took delegation of 20 members of congress san diego, tucson and here in texas. behind me is rio grand river, behind that is mexico. you can see the boats we're using on the river. we need more assets and technology. what we've done in texas that worked...
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Jan 22, 2015
01/15
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the bill introduced by congressman mike mccaul requires more infrastructure with which to secure the border including 27 miles of new border fencing. there will be aerial surveilling to prevent illegal crossings. if dhs officials fail to meet any of the bill's standards, they would face significant penalties, including an end to all bonuses and salary increases. joining us now, a member of the house republican leadership who has led the way on an incremental approach to legislation. we're joined by bob. chairmen of the house jewishjudiciary committee. thank you for being with us. the invitation to netanyahu is a stirring moment of maneuver on the part of the speaker and the white house obviously left dumbfounded, slack jawed and flat-footed as a result, what what are your thoughts? >> you look at the state of the union yesterday and you think, there he goes again. this speech was chock-full of things the american people didn't vote for in november. mistrust. overregulation of the economy. putting burden on american families. taking away the college savings tax benefits that millions
the bill introduced by congressman mike mccaul requires more infrastructure with which to secure the border including 27 miles of new border fencing. there will be aerial surveilling to prevent illegal crossings. if dhs officials fail to meet any of the bill's standards, they would face significant penalties, including an end to all bonuses and salary increases. joining us now, a member of the house republican leadership who has led the way on an incremental approach to legislation. we're...
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Jan 21, 2015
01/15
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congressman mike mccaul head of home security securing the border. to real reform. your thoughts? >> it would be nice if the republicans took the lead on something lou. it feels like they've been on vacation too. lou: yeah. >> and it's as though this election was an event that happened. and everyone forgot about it and assumed the positions they had before in washington. republicans have a unique opportunity to set the agenda. not just for 2016, but for the next years in between. to change the course of this country. so far, they've been still in a reactive mode. i don't think that's how they'll make a point with the american people. lou: go ahead. >> sorry. well, i think that's because they can't agree on anything. if they could agree they might be offering a coherent alternative to what the president has been offering. we haven't seen it. i'm worried we won't see it. >> i'm not too worried about that judy. charles: for some reason, robert is absolutely comfortable with division and acquiesce he is an to the president. it looks that americans are ti
congressman mike mccaul head of home security securing the border. to real reform. your thoughts? >> it would be nice if the republicans took the lead on something lou. it feels like they've been on vacation too. lou: yeah. >> and it's as though this election was an event that happened. and everyone forgot about it and assumed the positions they had before in washington. republicans have a unique opportunity to set the agenda. not just for 2016, but for the next years in between. to...
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Jan 26, 2015
01/15
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michael mccaul of texas is calling it the toughest border security bill out there. this is really the first foray that republicans are trying to take on the immigration issue. as you know, republicans have been very displeased with president obama's executive action from late last year, when the president put together some proposals that are now being implemented to differ deportation for up to 5 million immigrants illegally here in the country. republicans want to respond to the. one way to do that is to take a look at their own ideas for immigration. first up is the border bill. it is a tough hill that requires completing a 700 mile fence along the border. it requires homeland security to have operational control of the border. some of the hot spots where crossings happen. they have to have that under control in the first two years and 100% control of the border shortly after that. the bill passed out of the committee last week and is on its way to the floor. >> let's move on to the abortion bill. you recently wrote about some of the emerging cloud from moderate r
michael mccaul of texas is calling it the toughest border security bill out there. this is really the first foray that republicans are trying to take on the immigration issue. as you know, republicans have been very displeased with president obama's executive action from late last year, when the president put together some proposals that are now being implemented to differ deportation for up to 5 million immigrants illegally here in the country. republicans want to respond to the. one way to do...
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Jan 22, 2015
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mccaul and as well as republicans and democrats from the committee. as you know, so far this month in january, we spent time frankly recycling what we perceive to be partisan bills from the last congress. unfortunately, it appears that we're going to do the same thing next week. and i tell the majority leader -- i ask the majority leader, mr. speaker, we have a bipartisan bill that just months ago was supported by democrats and republicans, reported out of committee not brought to the floor unfortunately, but reported out of committee, i think unanimously or at least without voiced opposition and now instead of taking that bill up which we know has bipartisan -- broad bipartisan support, we have a bill that's now going to be reported to the floor without going to committee, without being marked up -- was it marked up? mr. mccarthy: last night. mr. hoyer: excuse me. it was marked up yesterday. i'm corrected. it was as a matter of fact filed and marked up within hours of one another. no considered judgment, no hearings -- may have been marked up but no
mccaul and as well as republicans and democrats from the committee. as you know, so far this month in january, we spent time frankly recycling what we perceive to be partisan bills from the last congress. unfortunately, it appears that we're going to do the same thing next week. and i tell the majority leader -- i ask the majority leader, mr. speaker, we have a bipartisan bill that just months ago was supported by democrats and republicans, reported out of committee not brought to the floor...
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Jan 12, 2015
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. >> reporter: homeland security chairman michael mccaul said today that tracking the movement of those who fight and train overseas is a growing concern. >> we don't have a good handle intelligence wise on who is on the ground in syria and iraq and yemen to identify them, to put them on no fly lists so they can't get in the country >> with u.s. officials on high alert, the paris like attacks here at home the white house announced president obama will host a summit next month in washington to address the root causes of violent extremism. jeff? >> glor: juliana, thank you very much, there was another horrific attack in nigeria, the detonation of two bombs, each strapped to a girl about ten years old. it happened at an open-air market in an area frequently attacked by the islamic terror group boko haram, including the children, five people died. gas prices have now fallen 108 days in a row.4 aaa says a gallon of regular is averaging $2.14 a gallon. it is not all good news, some local economies that depend on oil are starting to slip. cbs business analyst jill schlesinger is here on this,
. >> reporter: homeland security chairman michael mccaul said today that tracking the movement of those who fight and train overseas is a growing concern. >> we don't have a good handle intelligence wise on who is on the ground in syria and iraq and yemen to identify them, to put them on no fly lists so they can't get in the country >> with u.s. officials on high alert, the paris like attacks here at home the white house announced president obama will host a summit next month...
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Jan 15, 2015
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michael mccaul pressed the administration to work your jen gently to counter violent islam islamic attacks in the u.s. the fbi says the plot was foiled early, the public was never in any danger. lauren? >> susan mcginnis in washington. thank you. >>> british prime minister david cameron meets with president obama at the white house tonight. the two leaders say they will not be bullied. in a joint op-ed piece the two leaders say we have made clear who think they can muzzle freedom of speech with violence that our voices will only grow louder. they only know how to destroy but together we can do something infinitely more powerful build security, strengthen justice, and advance peace. meanwhile french president francois hole francois francois hollande is sending a vehicle to help. >> reporter: good morning, lauren. the french authorities are still looking for a number of people. they're hoping to find anyone who was linked to the three attackers. they've identified six members of a terror cell who they say are still at large. they're also hoping to find a possible accomplice of amedy coulibal
michael mccaul pressed the administration to work your jen gently to counter violent islam islamic attacks in the u.s. the fbi says the plot was foiled early, the public was never in any danger. lauren? >> susan mcginnis in washington. thank you. >>> british prime minister david cameron meets with president obama at the white house tonight. the two leaders say they will not be bullied. in a joint op-ed piece the two leaders say we have made clear who think they can muzzle freedom...
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Jan 15, 2015
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michael mccaul pressed the administration to work your jen gently to counter violent islam islamic attacks in the u.s. the fbi say something infinitely more powerful build security, strengthen justice, and advance peace. meanwhile french president francois hole francois francois hollande is sending a vehicle to help. >> reporter: good morning, lauren. the french authorities are still looking for a number of people. they're hoping to find anyone who was linked to the three attackers. they've identified six members of a terror cell who they say are still at large. they're also hoping to find a possible accomplice of amedy coulibaly, the man who shot a policewoman and killed hostages at that coroner supermarket east of paris. chilly new images of that hostage taking has now emerged. security video from inside the market show shocking pictures of coulibaly holding a gun to a store worker as hostages cower in the back. meanwhile a leader in the arabian peninsula says they're behind the attacks. he said the base chose the target, laid the plans, and financed the operation. now, while french and
michael mccaul pressed the administration to work your jen gently to counter violent islam islamic attacks in the u.s. the fbi say something infinitely more powerful build security, strengthen justice, and advance peace. meanwhile french president francois hole francois francois hollande is sending a vehicle to help. >> reporter: good morning, lauren. the french authorities are still looking for a number of people. they're hoping to find anyone who was linked to the three attackers....
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Jan 12, 2015
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representative michael mccaul says it's a serious concern. >> we don't have a good handle intelligence-wise who's on the ground in syria and iraq and yemen to identify them to put them on no-fly lists so they can't get in the country. >> with u.s. officials on high alert for paris-like attacks at home, the white house announced sunday president obama will host a summit next month in washington to address the root causes of violence andeolent extremism. julianna goldman in washington. >>> a school in pakistan reopened this morning after a taliban massacre last month. students returned to the school for a ceremony for victims on one of the worst attacks in years. security was very tight. 150 people, almost all students, were killed in the attack. classes start tomorrow. >>> coming up on the "morning news," electric debut. gm gets ready to take the wraps off a new electric vehicle. >>> and from "birdman" to "boyhood," we'll take you to hollywood for the big winners at last night's golden globe awards. this is the "cbs morning news." ast night's big golden globe awards. this is the "cbs morning
representative michael mccaul says it's a serious concern. >> we don't have a good handle intelligence-wise who's on the ground in syria and iraq and yemen to identify them to put them on no-fly lists so they can't get in the country. >> with u.s. officials on high alert for paris-like attacks at home, the white house announced sunday president obama will host a summit next month in washington to address the root causes of violence andeolent extremism. julianna goldman in...
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Jan 12, 2015
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michael mccaul was on the sunday talk shows. he said i -- this is what he had to say. >> this is a different style of attack. you had people who went to yemen to train in the art of warfare and brent -- brought that back home in france. that could happen here in the united states. we can have thousands of these travelers. they become foreign fighters and pose a threat and risk of returning to where they came from and do the same thing we saw in paris. we hear about the homegrown of violence. we were lied about that in rat a lot -- radicalizing people over the internet. we don't have a good handle on who is on the ground in syria and iraq and it yemen. we should put them on no-fly list so they can't get in the country. they were on a no-fly list and still traveled to yemen and back. we had the female terrorist leave and go to syria and she is on a no-fly list. i think europe needs to strengthen its travel restrictions. we to look at protecting this country. host: texas republican mike mccall on "face the nation" yesterday. also,
michael mccaul was on the sunday talk shows. he said i -- this is what he had to say. >> this is a different style of attack. you had people who went to yemen to train in the art of warfare and brent -- brought that back home in france. that could happen here in the united states. we can have thousands of these travelers. they become foreign fighters and pose a threat and risk of returning to where they came from and do the same thing we saw in paris. we hear about the homegrown of...
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Jan 7, 2015
01/15
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>> chairman mccaul and i had that very conversation today.dget of the department of homeland security should not be a political football and that there are things that we must fund in the name of homeland security for the protection of the american people. >> so you think there will be a deal. >> i believe we will work this out. but i do not want to see the budget of homeland security used as a political football. >> you can't wait until the end of football. you need a teal soon to make sure your department has the funds to keep on operates and protecting the american homeland. >> that's why i oef been spending a lot of time on capitol hill this week. >> thank you very much for joining us. >>> we're following the breaking news. these are live pictures from french television. a police operation under way in paris. we're going to get the latest on the manhunt following the attack, with the man expected to be the next chairman of the senate intelligence committee. he's here in "the situation room." we'll get his thoughts when we come back. [cont
>> chairman mccaul and i had that very conversation today.dget of the department of homeland security should not be a political football and that there are things that we must fund in the name of homeland security for the protection of the american people. >> so you think there will be a deal. >> i believe we will work this out. but i do not want to see the budget of homeland security used as a political football. >> you can't wait until the end of football. you need a...
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Jan 19, 2015
01/15
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and matt mccaul founder of penn financials group.igging into the first real, real deal, markets close here at home in honor of dr. martin luther king jr. huge moves overseas. below $40 a barrel. chinese stocks tumbling. biggest one day loss on the main index. after a crockdown on margin trading. matt, what do today's international moves mean? >> the futures are slightly up. china is one off. china had a great run. it's a disastrous one-day pullback. they're still doing okay. the big news is what happened in europe. the european stocks were up even though china got hit. we're looking ahead to the ecb. a little bit of stimulus coming later this week. that will carry over the pond to the u.s. we should open up slightly higher tomorrow. unless this sell-off in china continues overnight, we should be up higher tuesday morning. >> the big question on china is why does a government decide to pullback on allowing people to use margin and leverage? why did it do it because people are leveraging and up taking so much risk. there could be possi
and matt mccaul founder of penn financials group.igging into the first real, real deal, markets close here at home in honor of dr. martin luther king jr. huge moves overseas. below $40 a barrel. chinese stocks tumbling. biggest one day loss on the main index. after a crockdown on margin trading. matt, what do today's international moves mean? >> the futures are slightly up. china is one off. china had a great run. it's a disastrous one-day pullback. they're still doing okay. the big news...
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Jan 26, 2015
01/15
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charles: and matt mccaul who is always great. let's do it. let's dig into the first real, real deal. we came into this session wondering what the markets implications would be from that huge buy from greece. for now, it's a nonfactor. many are hoping that, you know what, maybe these guys will be practical. you know, maybe they won't live up to the rhetoric. something tells me that these guys will live up to the hype. also something tells me that germany will smack them down. there was a brief time after the -- when the word was practical. pragmatic. don't worry go. everyone was using it. even republicans. well, that never happened either. hillary, you think we can sort of put europe in the rearview mirror for the moment? >> yes, we can. the european banks will probably eat the debt of greece. we can. with quantitative easing. what's happened with mario draghi is basically -- he's kind of wrestled down janet yellen. charles: you mean, angela merkel? >> no janet. that's why we have europe -- charles: if mario draghi is in control of our fed too
charles: and matt mccaul who is always great. let's do it. let's dig into the first real, real deal. we came into this session wondering what the markets implications would be from that huge buy from greece. for now, it's a nonfactor. many are hoping that, you know what, maybe these guys will be practical. you know, maybe they won't live up to the rhetoric. something tells me that these guys will live up to the hype. also something tells me that germany will smack them down. there was a brief...
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Jan 28, 2015
01/15
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and matt mccaul founder of penn financials. lots of earnings to go through today after the bell.et's dig into the first real, real deal. now, i have to tell you, at one point today, i was super impressed at the market because we were up 90, then we collapsed after that oil number came out, then we went back up. then, of course, it fell apart. what what a difference a day makes. you can sort of sense the deep-pocketed buyers. maybe they stepped up to the plate initially. no one else took the bait. the market totally collapsed after the meeting. i didn't see anything different. i never judge the fc meeting in the hours after the day. it's the next day for me. (?) people go home and digest it. it's all knee-jerk. nevertheless, though, two rough back-to-back sessions. matt: it really was. looking forward this week, we both mentioned that meeting as the big news coming out. i didn't see anything different. people are saying, they will definitely raise rates in june. i thought they were more doveish than hawkish. inflation is low. they're not concerned about that. they said internation
and matt mccaul founder of penn financials. lots of earnings to go through today after the bell.et's dig into the first real, real deal. now, i have to tell you, at one point today, i was super impressed at the market because we were up 90, then we collapsed after that oil number came out, then we went back up. then, of course, it fell apart. what what a difference a day makes. you can sort of sense the deep-pocketed buyers. maybe they stepped up to the plate initially. no one else took the...
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Jan 13, 2015
01/15
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and matt mccaul founder of penn financials and someone who liked those home builders the last couple of days. let's start with the first real, real deal. out of the gate, the market was like a dynamo. this bad boy went straight up. all is well. then we got a little bit of pause around 11 o'clock. then the rally began to fade. every tick lower triggered another tick lower. then, well, we got something like a mini panic. it was a little orderly. i am concerned. the inability to sustain a gigantic rally like we had today that's a red flag. you have to trace the sources and find out, where did it come from? there was news out including the job report, that's a big deal with janet yellen. there was nothing. when you actually saw was a decrease. people quit their jobs less in manufacturing and professional services. there was no fed-related stuff that i could see. then i also tend to think there are times that the markets go to shakeout periods. to spook the weak hands. sometimes the strong hands become the weak hands. what do you think? matt: today was a bit of a rollercoaster for me. the
and matt mccaul founder of penn financials and someone who liked those home builders the last couple of days. let's start with the first real, real deal. out of the gate, the market was like a dynamo. this bad boy went straight up. all is well. then we got a little bit of pause around 11 o'clock. then the rally began to fade. every tick lower triggered another tick lower. then, well, we got something like a mini panic. it was a little orderly. i am concerned. the inability to sustain a gigantic...
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hitha herzog and, of course, matt mccaul founder of penn financials group. who had a sigh today. first real, real deal. i guess it was bound to happen. right? you probably wondered after the last few days, yes, the market rally today it finally happened. once again it seemed that stocks took their cue from oil. oil was just a proxy for the economy. although there was a fair amount of illinois noise about this weekly adp report. they were looking for a report -- it was drawn down 3 million barrels. that means demand. there's demand. that means the economy is doing better. market finally, you know, we got a break today. what's your assessment here? matt: i think we go higher from here. the vix which measures the volatility in the market. above 20. the last four times, next ten days, market rally 10%. we had a bit of an overreaction to selling. everyone is calling, we're down the first three days, the market is getting lower. four times it's done, the average gain 17%. let's buy into this week. not run to the exits. charles: did you have the red bull? >> no jimmy frischling today. >
hitha herzog and, of course, matt mccaul founder of penn financials group. who had a sigh today. first real, real deal. i guess it was bound to happen. right? you probably wondered after the last few days, yes, the market rally today it finally happened. once again it seemed that stocks took their cue from oil. oil was just a proxy for the economy. although there was a fair amount of illinois noise about this weekly adp report. they were looking for a report -- it was drawn down 3 million...
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matt mccaul founder of penn financials group. obviously a lot to talk about. let's dig into the first real, real deal. you know, it's getting old. once again a solid start to the session fades quickly. morphs into a swift dramatic sell-off. the speed of these collapses has to be setting off alarms. still, i didn't sense panic. i honestly didn't. how much longer can the strength continue before people start heading for the exits. most experts, pros, they don't seem necessarily moved by this. five days in a row we're down. worst starts to any year in the history of the markets. it has to gnaw at people soon. matt: i think it does. individual investors aren't accustomed to having an entire week of losses. pros are saying buying on the weakness. didn't see a lot of buying. i'm not sure why they're not buying. i'm not buying either. we haven't broken the most recent lows. it's scary. the individual investor, if we have two more days like this, they could be heading for the exits. charles: obviously someone is heading to the exits right now. by the way, nicole talke
matt mccaul founder of penn financials group. obviously a lot to talk about. let's dig into the first real, real deal. you know, it's getting old. once again a solid start to the session fades quickly. morphs into a swift dramatic sell-off. the speed of these collapses has to be setting off alarms. still, i didn't sense panic. i honestly didn't. how much longer can the strength continue before people start heading for the exits. most experts, pros, they don't seem necessarily moved by this....
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Jan 15, 2015
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and matt mccaul founder and president of penn financials group. i got scuffed up real good. let's dig into the first real, real deal. like the bouncing ball. up, down, all over the place. this is before the market opened. this was really, really nuts. markets moving on news from switzerland and, of course, those poor earnings from bank of america, cit citibank. regional data from philadelphia and new york. some other things were good. some ever increasing concerns about deflation floating to our shores. i don't know if that mote can protect us. then the downgrade on apple sealed the fate of tech. all the hot tech names were annihilated. matt: second five-day losing streak. four-day losing streak last we're. a lot more volatility. you need to be a stock or sector picker. the ones that do, well, they pay dividend yields. utilities did well. charles: who picks those? it's like a bomb shelter. matt: we talk about being diversified. again, we'll talk about asset allocation. having exposure helps your portfolio on a day like this. utilities are up eight tenths of a percent. good d
and matt mccaul founder and president of penn financials group. i got scuffed up real good. let's dig into the first real, real deal. like the bouncing ball. up, down, all over the place. this is before the market opened. this was really, really nuts. markets moving on news from switzerland and, of course, those poor earnings from bank of america, cit citibank. regional data from philadelphia and new york. some other things were good. some ever increasing concerns about deflation floating to...
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Jan 20, 2015
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matt mccaul founder of penn financials. lot to talk about matt as well. this is interesting. right? equity interests were higher all morning. they drifted after the imf report. they said the global economy will be lower than they thought. (?) the news didn't hit that much. then oil was down too. that didn't really hurt the markets. we kind of gapped up despite you heard from nicole. johnson & johnson missed. morgan stanley missed. delta did hit. then we got that patented drip. you're getting used to it. as it goes down, the proverbial snowball became a boulder. i don't know where we pinpoint the tough opening session on one item or another. it seems like a bunch of things. the market grappling for a spark. i think it's a spark beyond money. we know about the ecb. we may talk about that on thursday. and all these positive surveys. they lowered their global outlook. they're so late to the party. the real interesting part of it, the us gdp will be 3.1%. that couldn't have set the tone. what's setting the tone for these shaky opens to the market lately? >> i think it's the untalked abou
matt mccaul founder of penn financials. lot to talk about matt as well. this is interesting. right? equity interests were higher all morning. they drifted after the imf report. they said the global economy will be lower than they thought. (?) the news didn't hit that much. then oil was down too. that didn't really hurt the markets. we kind of gapped up despite you heard from nicole. johnson & johnson missed. morgan stanley missed. delta did hit. then we got that patented drip. you're...
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Jan 29, 2015
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matt mccaul fonder of penn financials group. we had a great day. (?) so here's our real, real deal. you know what, another one of these tug-of-wars. the market, it took a really -- it took a moment. it erased yesterday's losses. i always say that an assessment of the fomc, isn't the moments after. those last two hours are extra emotional. the next day, rob, what role did the fed play in today's rally? >> i think they played a big role. they basically said they'll hold off on rate hikes for the near term because basically inflation is below the target range. and it's not going to get there any time soon. charles: you didn't read that they'll maybe do in t in june? >> i think it will happen sooner than the markets expect. charles: this year. >> i do. (?) but it's always great to hear that it won't happen -- matt: charles, what about yellen? she met with the senate democrats and told them, the economy is not that good. we won't raise rates any time soon. that leaked out of that lunch. she tells them in private something else. >> she went on those comments and said the economy is not ne
matt mccaul fonder of penn financials group. we had a great day. (?) so here's our real, real deal. you know what, another one of these tug-of-wars. the market, it took a really -- it took a moment. it erased yesterday's losses. i always say that an assessment of the fomc, isn't the moments after. those last two hours are extra emotional. the next day, rob, what role did the fed play in today's rally? >> i think they played a big role. they basically said they'll hold off on rate hikes...
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homeland security chairman michael mccaul claims the nature of the attack suggests it was backed by al qaeda in the arabian peninsula, the group based in yemen. >> aqap is the force within al qaeda focused on external operations gaeps the wet and the united states the most committed to doing this. this would be one of the more real successes they had. if it turns out to be true. lou: we'll be going live to paris in just moments for all of the latest developments. also tonight, the list of high-powered politicians, and a-list celebrities with ties to pedophile jeffrey epstein is growing. some of the names may simply shock you. epstein's influenced a president and prince and physicist and rock 'n' roll legend. and it was a great day for investors. on wall street the dow jones industrial average rallied again from the opening bell closing up more than 300 points on the day erasing the losses from earlier this week. a paper gain in fact of 425 billion dollars today. we begin tonight overseas a national day of mourning in france after the murder of 12 people at the satirical newspaper "char
homeland security chairman michael mccaul claims the nature of the attack suggests it was backed by al qaeda in the arabian peninsula, the group based in yemen. >> aqap is the force within al qaeda focused on external operations gaeps the wet and the united states the most committed to doing this. this would be one of the more real successes they had. if it turns out to be true. lou: we'll be going live to paris in just moments for all of the latest developments. also tonight, the list of...
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Jan 12, 2015
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and matt mccaul founder of penn financials. all right. let's dig into the first real, real deal. well, there's good news and there's bad news. the good news is the market, we didn't have a triple digital session. the stock market was down. the dow was off 96 points. people think i'm nuts when i say i like volatility and swift corrections. we can see the stocks that want to go higher and look most attractive. it's scary. shakespeare explains this. for violent fires burn out themselves. small showers last long, but sudden storms are short. we need the short storms to shake out the market. finished the first week of the year. under a pretty good amount of pressure. and it was from that extreme volatility, but it's not going to last long. and that's a good thing. right now, the problem is when the direction breaks one way or the other, we won't go up or down. it will be north or south. the big question is, of course, which way will it go. paul i read one of your blog posts. you talked about more downside, but also investors riding it out. is that the advice? >> first of all, i don't
and matt mccaul founder of penn financials. all right. let's dig into the first real, real deal. well, there's good news and there's bad news. the good news is the market, we didn't have a triple digital session. the stock market was down. the dow was off 96 points. people think i'm nuts when i say i like volatility and swift corrections. we can see the stocks that want to go higher and look most attractive. it's scary. shakespeare explains this. for violent fires burn out themselves. small...
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Jan 13, 2015
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cheryl: and also protect our borders and the american people from -- and i take this from mike mccaul you know, we should be expecting more paris-like attacks in this country. how concerned should americans be right now that we could be under attack like they were in paris last week? >> we need to be concerned and more vigilant. this country has done a good job to stop the 9/11 attacks. now what we have to do from the federal government and use the resources at homeland security to help train states and locals and to educate people on what to look for and how to be vigilant. cheryl: i want to get your reaction. no one from the administration was in paris for a rally with 44 countries state leaders from around the world. netanyahu was there. merkel was. it was a whose who. we weren't there. what was your reaction? >> i'm embarrassed. i'm deeply disappointed. i'm vice president of the nato alliance. where i talk to 20 plus people around the world and they say where is the united states? where is the president? we look to the president for leadership and advice. we look to the united sta
cheryl: and also protect our borders and the american people from -- and i take this from mike mccaul you know, we should be expecting more paris-like attacks in this country. how concerned should americans be right now that we could be under attack like they were in paris last week? >> we need to be concerned and more vigilant. this country has done a good job to stop the 9/11 attacks. now what we have to do from the federal government and use the resources at homeland security to help...
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and matt mccaul. digging into the first real, real. oil trading at a discount. cheaper gases. more money could be in consumer's pockets. in theory, could help us businesses. what happens if the rest of the world is weak? so, matt, that question to you first. what does it mean? even if the us is doing great if everyone is suffering can anyone afford to buy our goods. matt: the us dollar is increasing as well. it makes our goods expensive. double whammy. we've seen this coming. we knew china was due for a soft or hard landing. a lot of it has been priced into the market. the us stock market has been able to hit highs. we've been talking about us centric companies. that's the best asset class as far as going forward in 2015. when the us dollar going higher, it will help the companies based here. that's where you want to be. i still believe the us will be the best market going forward 2015 regardless what happens in china. >> we'll remain the cleanest dirty shirt in the pile. >> europe is a big beneficiary of oil prices as well. they've been teetering on recession. the drop in oil
and matt mccaul. digging into the first real, real. oil trading at a discount. cheaper gases. more money could be in consumer's pockets. in theory, could help us businesses. what happens if the rest of the world is weak? so, matt, that question to you first. what does it mean? even if the us is doing great if everyone is suffering can anyone afford to buy our goods. matt: the us dollar is increasing as well. it makes our goods expensive. double whammy. we've seen this coming. we knew china was...
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Jan 9, 2015
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in speaking to chairman mccaul, he does want to move a bill maybe towards later this month. i know he has a trip to the border with a number of members. i know he'd like to move the bill after that trip. i anticipate a bill shortly and as soon as we have date i'll let the gentleman know. mr. hoyer: i thank the gentleman. and i hope we can, as we did in the first iteti othe mccaul bill, have a unanimous bipartisan agreement because we want to make sure that border is, in fact, secure, again, as we want to see that homeland security department has its full complement of resources to protect the american people. and if the majority leader wants additional time i'll yield. if not i'll yield back the balance of my time. mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from california seek recognition? mr. mccarthy: mr. speaker, i ask unanimous consent that when the house adjourns today it adjourn to meet on monday, january 12, 2015, when it shall convene at noon for morning hour debate and 2:
in speaking to chairman mccaul, he does want to move a bill maybe towards later this month. i know he has a trip to the border with a number of members. i know he'd like to move the bill after that trip. i anticipate a bill shortly and as soon as we have date i'll let the gentleman know. mr. hoyer: i thank the gentleman. and i hope we can, as we did in the first iteti othe mccaul bill, have a unanimous bipartisan agreement because we want to make sure that border is, in fact, secure, again, as...
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great today, but a lot of retail news -- matt mccaul to help us hash it out.'s dig into the first real, real deal. five days into the new year. it's already been a crazy, crazy ride. now, here is the question: what is more important the fact we lost 500 points in three days or that we got it back in two days? matt: when i drink, i get hangovers for the next couple of days. the market had its hangover. we had five pullbacks of 4%. you talk about that v-shape. comes right back up. you know what i found interesting, the short interest on the etfs. that was the lowest level in 14 months. the bears are gone. the bears got wiped out. i think we will move much higher here. hit new highs. charles: some people would say that's not a good sign. particularly when it's an individual. considering how bad the experts have been, jim. maybe it's a sign i they were wrong last year. maybe they were wrong for backing out. >> you were telling people not to panic. i think the last couple of days has been keep a steady head about you. the sell-off was orderly. i look at the rally n
great today, but a lot of retail news -- matt mccaul to help us hash it out.'s dig into the first real, real deal. five days into the new year. it's already been a crazy, crazy ride. now, here is the question: what is more important the fact we lost 500 points in three days or that we got it back in two days? matt: when i drink, i get hangovers for the next couple of days. the market had its hangover. we had five pullbacks of 4%. you talk about that v-shape. comes right back up. you know what i...
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matt mccaul, right on a lot of things. scuffed up today. who didn't. right? let's dig into the first real, real deal. fifty-one weeks ago, the us surgeon issued a warning against cigarette smoke. guess what happened? tobacco stocks went higher. go bigger. the bottom line if you held those, you would be filthy rich if you held them. every single night, we have the task to try and explain the market's move. thtry to make some understanding out of them. the facts, logic or anything else comes down to more buyers and sellsers. so matt, talk about the logic about the volatility, why we would down 300. up 300 yesterday. (?) what's the deal with this rollercoaster? >> this morning, we had retail news. jpmorgan. big wave in the market. we had to digest that. we saw oil coming back. we saw on the charts, a double bottom on the s&p. and every time we have this pullback, three, 4%. we're finding buyers coming in. the only problem, the v-shape bounce we had last time, didn't go to a new high. this volatility is here to stay. charles: a bunch of little w's. i was watching
matt mccaul, right on a lot of things. scuffed up today. who didn't. right? let's dig into the first real, real deal. fifty-one weeks ago, the us surgeon issued a warning against cigarette smoke. guess what happened? tobacco stocks went higher. go bigger. the bottom line if you held those, you would be filthy rich if you held them. every single night, we have the task to try and explain the market's move. thtry to make some understanding out of them. the facts, logic or anything else comes down...
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mike mccall chairman mike mccaul said we don't see a lead agency.re's no line item in the budget. there are no metrics to measure success. we don't have a common definition for what this is. obviously he's a critic but there are people even former administration officials wlo say we've been working on this for a long time but we're not sure whether or not we're getting anywhere y. >> well, i think when you hear the president who's talked about our counterterrorism, the director of national intelligence, they very clearly said that we have had some success against al qaeda core, naming specific leaders we've taken off the battlefield, against aqap naming specific leaders we've taken off the battlefield. but more broadly speaking it's bigger than that. no matter how you counter this narrative, it's a tougher challenge but one we're committed to certainly. i think other countries around the world look at the u.s. and know how committed we are to it looking at our successes. >> but i think they're looking for a leader someone who says we know what we're
mike mccall chairman mike mccaul said we don't see a lead agency.re's no line item in the budget. there are no metrics to measure success. we don't have a common definition for what this is. obviously he's a critic but there are people even former administration officials wlo say we've been working on this for a long time but we're not sure whether or not we're getting anywhere y. >> well, i think when you hear the president who's talked about our counterterrorism, the director of...
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and also matt mccaul. an exciting day. let's dig into the first real, real deal. another crazy day on the street. here's the thing, stocks again, we were seesawing. we closed in a grand fashion. this, of course, after the ecb did open up spigots about 70 billion -- is it dollar or euros? matt: euros. charles: 70 billion euros. more easy money. great for the stock market. the central banks. listen, we know that it helps markets and it helps investments. are they really going to do what they say they're going to do. they're taking huge risk. alan, i want to ask you. we have a twitter question. it was roger. most eurozone bond yields are ultra low. is the market too excited about this? >> i think the uforei euphoria is justified. it's not about the interest rates. (?) rates are so low, the currency is big. they'll push the euro lower. get a load of this. last year, the us market outperformed international markets by about 18%. only four other times since 1970 has the gap been so wide. the following year, international stocks trounce -- charles: you say it's just what
and also matt mccaul. an exciting day. let's dig into the first real, real deal. another crazy day on the street. here's the thing, stocks again, we were seesawing. we closed in a grand fashion. this, of course, after the ecb did open up spigots about 70 billion -- is it dollar or euros? matt: euros. charles: 70 billion euros. more easy money. great for the stock market. the central banks. listen, we know that it helps markets and it helps investments. are they really going to do what they say...
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tonight i was feeling mike mccaul, nunez, this is going to result in the loss of life. >> do you believe there is a threat to america? i want to remind the audience of what hillary clinton said about this when it was announced that we had made this deal when she was rolling out her book in june. listen. >> these five guys are not a threat to the united states. they are a threat to the safety and security of afghanistan and pakistan. >> was she right? >> no. secretary clinton's wrong. the fact is if they were a threat to afghanistan, if they were a threat to anyone in the world they were a threat to the united states. if we learned anything from september 11th is that islamist terrorist, their ultimate target is the united states. and secretary clinton above all should know that. they are definitely a threat to the united states. tonight you'll see statements coming out from members of congress saying this is going to -- this does risk american lives. that's the reality here. lives are at risk and there's no policy reason for it. there's no possible justification whatever for this other t
tonight i was feeling mike mccaul, nunez, this is going to result in the loss of life. >> do you believe there is a threat to america? i want to remind the audience of what hillary clinton said about this when it was announced that we had made this deal when she was rolling out her book in june. listen. >> these five guys are not a threat to the united states. they are a threat to the safety and security of afghanistan and pakistan. >> was she right? >> no. secretary...
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. >> well michael mccaul who is probably one of the most knowledgeable people about border security,is very, very well he's the chairman of the committee. i would follow michael's lead. put the boots on the ground, we need to fly drones up that border 24/7 with fast response teams to be able to address these individuals. we know how to secure the border. when you look at what we did down there, we had over 10,000 apprehensions a week in may and june of 2014 when we surged our law enforcement, when we put our parks and wildlife and then after i realized the president was not going to be of assistance at all, we then deployed our national guard. in november from july to november we saw a 74% decrease in the number of apprehensions in that southern region, which is where the bulk of the apprehensions are occurring. so there is a blueprint on how to secure that border. i think michael mckalcaul's got the answer toyota to it. if they don't secure the border first, americans are never going to trust congress to deal with this. >> all right, governor, good to see you. thank you. look forwar
. >> well michael mccaul who is probably one of the most knowledgeable people about border security,is very, very well he's the chairman of the committee. i would follow michael's lead. put the boots on the ground, we need to fly drones up that border 24/7 with fast response teams to be able to address these individuals. we know how to secure the border. when you look at what we did down there, we had over 10,000 apprehensions a week in may and june of 2014 when we surged our law...
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. >> reporter: in our one-on-one conversation, mccaul told me he discussed the tragedy by phone yesterday wir bow bouz. muriel bowser. the two have a transportation summit coming up in a few weeks with larry hogan. this incident will be topic number one.i have reached out to the metro officials. i have alerted everybody on the 28th i'm bringing all the stake holders together and i want answers. >> reporter: he says a safe and vibrant metro system is crucial to his job creation priorities. just yesterday mccauliffe announced the award of a $50 million loan to he proposed potomac yard metro station in a said he's pushing hard too, for momentum project to add more eight-car trains but right now as he begins his second year in office metro safety takes center stage. >>ly not tolerate anything that jeopardizes the safety of the sitcitizens of the commonwealth of virginia. >>> coming up on 600 thread count -- news4 at 6:00 i asked the governor to give a letter grade on his first year in office. >>> julie carey. >>> a local lawmaker is the richest member of the u.s. senate. virginia senator mark
. >> reporter: in our one-on-one conversation, mccaul told me he discussed the tragedy by phone yesterday wir bow bouz. muriel bowser. the two have a transportation summit coming up in a few weeks with larry hogan. this incident will be topic number one.i have reached out to the metro officials. i have alerted everybody on the 28th i'm bringing all the stake holders together and i want answers. >> reporter: he says a safe and vibrant metro system is crucial to his job creation...
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Jan 11, 2015
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the chairman of the house homeland security committee michael mccaul texas senator john cornyn and correspondents in france and washington. captioning sponsored by cbs good morning, as the crowds gather today a new video of one of the now dead terrorists pledging allegiance to isis has also surfaced. we begin with cbs news news correspondent elizabeth palmer who has been on the story from the start. >> good morning bob. well huge crowds are starting to gather the
the chairman of the house homeland security committee michael mccaul texas senator john cornyn and correspondents in france and washington. captioning sponsored by cbs good morning, as the crowds gather today a new video of one of the now dead terrorists pledging allegiance to isis has also surfaced. we begin with cbs news news correspondent elizabeth palmer who has been on the story from the start. >> good morning bob. well huge crowds are starting to gather the
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that they're really going to fight obama on this issue while at the same time he has one of his guys mccaul i believe his name is coming up with the salami tactics for the past six or seven bills. first claim the border has been secure and the door flies wide open. so you're asking me if these republicans will defund obamacare, the answer is no. you're asking me if these republicans will prevent amnesty, the answer is they support it. so these republicans are not going to do any of those things. >> all right the great one, mark levin. great to see you. last night president obama took another opportunity to talk about how he wants to redistribute wealth. >> as americans we don't mind paying our fair share of taxes as long as everybody else does too to give working families a fair shot it's not fair to them and to make sure everyone gets a fair shot encourage fair competition, everyone does their fair share. not just free but also fair. >> here now to explain president obama's plan to redistribute wealth, juan williams. juan, you and i had a discussion today. i want to go through this and i w
that they're really going to fight obama on this issue while at the same time he has one of his guys mccaul i believe his name is coming up with the salami tactics for the past six or seven bills. first claim the border has been secure and the door flies wide open. so you're asking me if these republicans will defund obamacare, the answer is no. you're asking me if these republicans will prevent amnesty, the answer is they support it. so these republicans are not going to do any of those...
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the chairman of the house homeland security committee michael mccaul texas senator john cornyn and correspondentston. captioning sponsored by cbs good morning, as the crowds gather today a new video of one of the now dead terrorists pledging allegiance to isis has also surfaced. we begin with cbs news news correspondent elizabeth palmer who has been on the story from the start. >> good morning bob. well huge crowds are starting to
the chairman of the house homeland security committee michael mccaul texas senator john cornyn and correspondentston. captioning sponsored by cbs good morning, as the crowds gather today a new video of one of the now dead terrorists pledging allegiance to isis has also surfaced. we begin with cbs news news correspondent elizabeth palmer who has been on the story from the start. >> good morning bob. well huge crowds are starting to
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Jan 14, 2015
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michael mccaul. >> we just passed a bill a cyber security bill codifying the cyber command within dhsgiving us the congressional seal of approval. i see it as the civilian portal to the private sector when sony happened i had to ask the question, which of the 16 critical infrastructures does this fall under? it is a bit unclear. the presidents announcing a cyber plan this afternoon i think the vision is to make the department of homeland security the portal civilian interface to the private sector between the federal government and the private sector. sharing information from various data points with liability protection to incentivize participation within the department. and i want to talk about the foreign affairs aspect of cyber and the cyber jihad threat that we just recently saw. how do you view the role with respect to the event that happened sony? >> thank you for the question for helping us with the legislation that just passed. as we take a look integration is part of our name. as you mentioned, the law enforcement partners, intelligence partners intelligence community, other
michael mccaul. >> we just passed a bill a cyber security bill codifying the cyber command within dhsgiving us the congressional seal of approval. i see it as the civilian portal to the private sector when sony happened i had to ask the question, which of the 16 critical infrastructures does this fall under? it is a bit unclear. the presidents announcing a cyber plan this afternoon i think the vision is to make the department of homeland security the portal civilian interface to the...
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mccaul. spent i thank the chairman -- >> by the way, chairman of the homeland security. >> thank you for mentioning. we just passed a bill last day, last congress, five cybersecurity bills one codifying. general, as you know nccic which is like cyber command within dhs, giving it the congressional seal of approval. i see it as really the civilian portal to the private sector. when sony happened i asked the question well which of the 16 critical infrastructures does this fall under, and it's a bit it's not clear. i know the president is announcing a cyber planet this afternoon. i just got off the phone with the secretary. i think the vision is to make the department of homeland security the portal civilian interface to the private sector between the federal government and the private sector. sharing information from various data points, whether it be nsa fbi, through the nccic to the private sector, with liability protections to incentivize anticipation in this civilian interface, safe harbor
mccaul. spent i thank the chairman -- >> by the way, chairman of the homeland security. >> thank you for mentioning. we just passed a bill last day, last congress, five cybersecurity bills one codifying. general, as you know nccic which is like cyber command within dhs, giving it the congressional seal of approval. i see it as really the civilian portal to the private sector. when sony happened i asked the question well which of the 16 critical infrastructures does this fall under,...
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i was speaking to mike mccaul. this is going to result in the loss of human life. the president cannot stop letting people go from gitmo. he wants it closed at all cost. martha: a codepink activist calling for the arrest of henry kissen ever who you see sitting at that table. this happened during a hearing on global threats. demonstrators standing inches away with handcuffs demand can he be tried for war crimes. that's when arizona senator john mccain had about enough. >> you know, you are going to have to shut up or i'm going to have you arrested. get out of here you low-life scum. he said senators were worried about kissinger's safety, a 91-year-old man. protests are protests ... bill: capitol police were slow to respond and they apologized for that. next time they will do better. peter king from last night. >> the president released five of the worst of the worst. in return all we got was qatar saying they will keep anine object them. we can't trust qatar. bill: they can be dangerous no matter what precautions the president says are in place. retired general jac
i was speaking to mike mccaul. this is going to result in the loss of human life. the president cannot stop letting people go from gitmo. he wants it closed at all cost. martha: a codepink activist calling for the arrest of henry kissen ever who you see sitting at that table. this happened during a hearing on global threats. demonstrators standing inches away with handcuffs demand can he be tried for war crimes. that's when arizona senator john mccain had about enough. >> you know, you...