congress can play a very important role bringing this debate forward. >> mr. dodd would you like to comment on my question? >> first, the suggestion that banks are not reimbursed is not true. there's three ways we pay, the fees they pay on every transaction, after a breach through the contracts they sign there's a formula for reimbursement. >> they still suffer a loss. >> but my point is, if the banks have an issue with that it's with the facilitator. retailers sign those contracts, if there's a suggestion there's been a violation of those contracts, there's certainly the legal avenue for resolving. >> my question is, with regards to exposure this seems to be an epidemic, every week you have another entity that's been breached. if that's the case pretty soon, those institutions are going to have tremendous liability sitting there. i see that as a problem that's going to have to be fixed. i would assume you would have protection against the breach? many retailers are buying that kind of insurance, no question about that, but the level of standard is belied by the fa

mr. greenberg: dodd-frank is going to far. and needs to be overhauled anyway. the pendulum went too far in one direction. you cannot grow if you over regulate every company out of existence. it doesn't make any sense. we have gone too far. good jobs will be created by the private sector, not any other way. betty: are you saying then that in some ways elizabeth warren is right? that we may see trade agreements benefit some of the banks by rolling back some regulations? is that the right thing to do? mr. greenberg: you can't generalize. you have to see what the change in regulations are going to do. you don't pass anything without having a lot of debate. it will not open overnight. we do have to have a balance if we are going to grow jobs. betty: on a final note, i know you can't talk very much about this case at all because it is with a judge but your case against the government, how do you feel about it? had closing arguments a few days ago. mr. greenberg: i went down for the closing arguments. i could be present in the courtroom because i was supposed to be a

mr. ehrlich: dodd-frank has real problems and needs to be reformed, and a republican congress can do it. host: thank you very much for the questions. that is all we half or this portion of the show. while we are signing off on television, this conversation with governor ehrlich continues online and our mobile app as well. you will find a full 30 minutes more, questions from our studio audience, commercial free. thank you very much for watching and have a good night. [applause] [captions copyright national cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> this weekend on newsmakers, utah senator mike lee, a member of the armed services and judiciary committees talks about the patriot act in the usa freedom act and other senate topics including the defense authorization bill. newsmakers today at 6 p.m. eastern on c-span. ♪ >> tonight on c-span's q&a, veteran canadian astronaut chris hatfield produced many videos on his activities on international space station and shares sc

mr. ehrlich: dodd-frank has real problems and needs to be reformed, and a republican congress can do it.t: thank you very much for the questions. that is all we half or this portion of the show. while we are signing off on television, this conversation with governor ehrlich continues online and our mobile app as well. it will be a full 30 minutes more, questions from our studio audience, commercial free. thank you very much for watching and have a good night. [applause] [captions copyright national cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> on the next "washington journal," rail safety, the upcoming vote on transportation funding, and other items on the congressional agenda, including the patriot act. then steve russell on government waste, the current tax code, and the defense program bill on the house. "washington journal" is live 7 a.m. every morning on c-span. join the conversation on facebook and twitter. >> here are some of our featured programs this weekend

mrs. clinton weighed in on risky behavior on wall street and the dodd-frank regulations on big banks. we should beon: doing more to rein in risky behavior on wall street and too big to fail banks, not less. i fully support the regulations from dodd-frank on the big banks. common sense pass community banking reform right now. scarlet: it looks a the controversy over mrs. clinton's e-mails a secretary of state will spill over into the election year. the government is proposing releasing 55,000 pages of the democratic presidential candidates e-mails in january. that's in response to a request by vice news. mark: brace yourself for a busy memorial day travel weekend. low gas prices and improving gas inket -- job market are courage and people to hit the road. 32 million people will travel police 50 miles from home over the holiday weekend. that's the most in 10 years, up almost 5% from last year. those are your top stories we're following at this hour. scarlet: coming up in the next half hour of "bloomberg market day." for thell daley is all transfers of a partnership. we break down his ne

mr. chairman not all of dodd frank has been implemented yet.being formulated right now. >> oh i know it better than most. >> yes. i think of the volcker rule for example, which has been you know kicked down the road. what's taking so long on that and do you expect it to be eventually introduced? >> i think the volcker rule is incomprehensible to the mind of man. you know the only way i think to implement it is to have dr. phil at your trading desk to ask you what were you thinking and what were you feeling when you made this particular trade. but put that aside, dodd frank is a completely complex piece of legislation. the sheer weight volume complexity, uncertainty of this load on the financial institution. there is a reason that we are mired in essentially two, two 1/2 percent gdp growth. that's one of the reasons the fed, they need to testify before congress and they need to tell us what's happening on the bond markets. >> on that point, to what extent can you just compel the fed chair to appear more often. are you doing this as a gesture of

mr. chairman. >> thank you. >> you announced this new bill today, the most significant reforms, changes in banking laws since dodd-frank. start with what it would do with regard to the fed? >> well, it would give us some more transparency with the fed. it would also among other things bring the fed before the banking committee quarterly rather than semiannually. what i believe we need with the fed is more transparency, and more oversight. we can do it this way. but also we're very interested in the proposal among other things how do you designate someone systemically risky. >> too big to fail. >> absolutely. >> getting more supervision under dodd-frank. >> we need that. should everybody be designated? no, but some should but not everybody. >> what are changes you make there, right now any bank over 50 billion gets this extra oversight? >> we would run it up from 50 to 500. but we would leave the discretion to the regulators to decide because ultimately they're the ones that are dealing with these institutions every day. but we would give them some leeway which they don't have today. >> right. so a lot of banks kind of

mr. speaker, these crushing dodd-frank regulations are having the direct opposite effect as their intention. they're hurting small community banks. i yield back the balance of my time. . the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition? without objection. mr. blumenauer: in four legislative days, the funding expires for transportation. i predicted would be in this same spot. nothing changed. there are three things to do to fix it. the president ought to issue an absolute deadline that he will not sign any extension that passes september 30. 4 1/2 months is time for congress to work. second, the ways and means committee can get down to work with a series of hearings involving the people that actually do this out in the world, contractors businesses, unions, local governments. for the first time in 55 months, let's have those hearings. and finally, let's have action on legislation that i've introduced a gas tax increase for the first time in 22 years that is similar to what's happened in georgia, utah idaho iowa, south dakota republican-red states. if

mr. lundquist in two games worldwide. much to talk about. we will look at dodd-frank. means for regional and community banks. an important conversation, all of that with the wonderful ending to madmen. we need to go to frankfurt germany. it is spin city. deutsche bank massages their message. 20% of shareholders not impressed. management in panic. hans the goals is collected and knows effective delivery when he sees it. the focus on bodies and and bodies out. is this a bank in panic mode? hans: it's a preemptory move. gives more power. he may want to bring some coax to the meeting. he could buy everyone some coke and called things down a low of it. what we have is criticism and a status quo continuing. brendan: how did we learn about the co-ceo structure and how it is working out? hans: they say -- tom: they have run out of time. were they going to do. what is the to do? we do not know the answer. hans: we do not know the answer to that. will they have to do it right and raise more capital? some shareholders are concerned. we do not have the answer. brendan: they just r

mr. speaker. i rise today to recognize may as national foster care month. before i came to congress i was c.e.o. of a home for abused, neglected and aban doddldren called home safe. in addition to providing a caring home for children in need, our staff and volunteers helped connect them with foster families who we also helped certify. mr. rooney: i saw firsthand the struggle children face when they don't have a safe home. i saw what a remarkable difference it could make when they found a stable and loving family. and i saw the incredible joy these children brought to the lyes of their foster families our staff and volunteers and everyone who worked to support them. all children deserve a safe and loving and permanent home. we must continue to work together to make that goal a reality for the 400,000 children in our foster care system. thank you, mr. speaker, i yield back. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection the gentleman is recognized for one minute. >> thank you, mr. speaker.