mr. frank howard you have the issue of voter suppression to the consciousness of though larger majority of american people? >> it is very hard juju because it is republicans so that macy and but sosa said i've mother was born in mississippi and has no record of her birth. ceiling thin the alliance in and cut down on early voting days but then that was facilitated by the worst decision even worse than citizens united the was a last dash for conservatives that they don't like activism. because they thought congress did not make the right judgment and it was terrible enable things to be done better but we have to make it clear to the environmentalist in those defending medicare that if they succeed that means the legislature who will be for protecting medicare for the cuts to support the rights. but i have another problem with voter suppression as vicious in the of the of better order but to stop saying to people there all bombs there all corrupt they never listen. [applause] but i have to say onc

. >> we have one general public comment mr. frank. >> commissioners in the past we've come here as a community to address the contamination at hunters point now the same at candle stick point so the eir done by lamar was rushed and i want you commissioners to be very cognizant of the fact that the first time arsenal hundreds of our children, our women and seniors were that neglected die i i today, i have a gentleman suffering the consequences of working at the shipyard and if someone is sick and gets this type of blood cancer it's very, very reexhibit no. 7 our city is not addressing that again and again i've asked this city if we have a qualified toxic cost working for the city not ucsf i've not gotten an answer do we have a qualified toxicologist you've seen me talk before i'm about compassion i'm about the owe that decreases and nurses people that work for those that need health so they can get the best care we're the city that knows how we're the city named after st. francis let me bring something to your attention this belongs t

mr. frank how do you bring the issue voter suppression to the consciousness of a large majority of american people? .. unconstitutional but they made the right judgment about the criteria. it enabled things to be done what we have to do is make it clear to other people, environmentalists people defending medicare that if they succeed legislatures or flight -- fight climate change. supporting the rights. but i have another problem. voter suppression. as vicious but but i do wish some of our friends on the left the start saying to people there is no.in voting. i have to say john stuart is very funny but i wish once in a while on that shows someone did something good. you can't count. some people they contribute to the lower turnout especially with younger people. the worse you think it is the more incentive you want to have to try and vote and change it. [applause] >> what you see in the book and what you said here with the murder inspired you to want to become a public servant. do you think that

mr. frank how do you bring the issue voter suppression to the consciousness of a large majority of american people? .. said, my mother was born in mississippi. she has no record of her birth. they didn't get those two black people in the '20s and even the '30s. or you have fewer precincts, cut down early voting days. then it was facilitated by i think the worst decisions the simple court and supreme court is made, even worse than citizen united. the last gasp of concerts think we don't like judicial activism. it was passed by congress. not only unconstitutional but they thought congress did maket t the right judgment. it was a terrible thing at it. enabled things to be done badly. what we have to do is to make it clear to other people,mak environmental us, people defending medicare that if they succeed and diminishing black votes that means feweregisla legislators will be for fighting- climate and who were fbefore. protecting medicare from the cuts to it who will be for supporting the rights of

mr. frank how do you bring the issue voter suppression to the consciousness of a large majority of american people? .. unconstitutional but they made the right judgment about the criteria. it enabled things to be done what we have to do is make it clear to other people, environmentalists people defending medicare that if they succeed legislatures or flight -- fight climate change. supporting the rights. but i have another problem. voter suppression. as vicious but but i do wish some of our friends on the left the start saying to people there is no.in voting. i have to say john stuart is very funny but i wish once in a while on that shows someone did something good. you can't count. some people they contribute to the lower turnout especially with younger people. the worse you think it is the more incentive you want to have to try and vote and change it. [applause] >> what you see in the book and what you said here with the murder inspired you to want to become a public servant. do you think that

here's mr. frank well what if you're a wedding planner and a divorced catholic comes in who hasn't gotten an annulment. that is a violation for a devote catholic. if a woman comes in in short shorts that's a muslim? seriously. this isn't something -- you can't have it for gay people only. i don't think america wants that. if you want to personally discriminate, fine. you don't like me i don't want to see you. but you get a license to run a business and all the support that you get, then the obligation is to serve anybody who's well behaved. >> i wonder where this goes. you're an advocate. you know this issue for a long time. and i was thinking does this go all the way from you don't want to do the wedding planning you don't want to be the clerk at the hotel that checks in a couple that's same sex. or you don't want to serve gas to a guy in a gas station because two guys look like they're lovers. how far can you carry it? i'm a baptist, i don't believe in this. how far can this stretch in indiana? >> i

mr. franks. >> thank you, mr. chairman. and secretary carter, some of us were surprised at your appointment and i have to say to you, it was a pleasant surprise and i for one am very gratified, sir, you are where you are. i think it is a good thing for the country. >> thank you, my wife and i were surprised also. [ laughter ] >> well, as you know, producing fiscal material is by far the most challenging component of developing nuclear weapons and i know you also know that once the 4.5% enrichment level has been reached, that about 75% of the work or the enrichment has been done to gain the weapons-grade material. requiring iran to dismantle its mechanism to enrich iranian or plutonium was the centerpiece of a dozen u.n. security counsel resolutions because we considered that in many ways the whole ball game. but in direct contradiction to that reality and the u.n. secure resolutions, mr. obama's agreement with iran, astonishingly provides a protected protocol to enrich iranium. and if you forgive the political in opportunit

mr. franks. >> thank you mr. chairman. and secretary carter some of us were surprised at your appointment and i have to say to you, it was a pleasant surprise and i for one am very gratified, sir, you are where you are. i think it is a good thing for the country. >> thank you, my wife and i were surprised also. [ laughter ] >> well, as you know, producing fiscal material is by far the most challenging component of developing nuclear weapons and i know you also know that once the 4.5% enrichment level has been reached, that about 75% of the work or the enrichment has been done to gain the weapons-grade material. requiring iran to dismantle its mechanism to enrich iranian or plutonium was the centerpiece of a dozen u.n. security counsel resolutions because we considered that in many ways the whole ball game. but in direct contradiction to that reality and the u.n. secure resolutions, mr. obama's agreement with iran, astonishingly provides a protected protocol to enrich iranian. and if you forgive the politicalin opportunity

mr. franks. >> well, thank you, mr. chairman. mr. chairman, it's often said that when human rights and human laws are in human hands that men lose their freedom. and professor foley, i sometimes am entertained by reading from the federalist papers to law professors like yourself i am not an attorney so it gives me a little thrill you understand? but in madison's statement, federalist number 47 he stated that the accumulation of all powers legislative, executive and judiciary in the same hands, whether of one, a few or many, and whether hereditary, self-appointed or elected may justly be pronounced the very definition of tyranny. the framers of the constitution understood that the accumulation of powers and tyranny were inseparable. and they rejected giving the newly created chief executive the legal authority to suspend or dispense with the enforcement of the laws. and that of course, in their mind was the province of congress. so my question to you is do you believe that the president's recent actions comport with the framers' concl

mr. franks. >> it's often said that when human rights and human laws are in human hands men lose their freedomprofessor foley, i sometimes am entertained reading from the federalist papers. i'm not an attorney it gives me a little thrill, you understand? but in madison statement, federalist number 47. he state that had the accumulation of all powers legislative, competitive and judiciary in the same hands whether if one a few or many and whether hereditary, self-appointed or elective may justly be pronounced the definition of tyranny. the framers of the constitution understood that the accumulation of powers and tyranny were inseparable. and they rejected giving the newly -- the legal authority to suspense with the enforcement of the laws. and that, of course, in their mind was the province of congress. so my question to you is do you believe that the president's recent actions comport with the framers' conclusions? and is president obama refusing to adhere to the take care clause in an attempt to evade the rule of congress? and was he acting constitutionally when he did that? >> you ask a ver

mr. franks. >> well, thank you, mr. chairman. mr.airman, it's often said that when human rights and human laws are in human hands that men lose their freedom. and professor foley, i sometimes am entertained by reading from the federalist papers to law professors like yourself i am not an attorney so it gives me a little thrill you understand? but in madison's statement, federalist number 47 he stated that the accumulation of all powers legislative, executive and judiciary in the same hands, whether of one, a few or many, and whether hereditary, self-appointed or elected may justly be pronounced the very definition of tyranny. the framers of the constitution understood that the accumulation of powers and tyranny were inseparable. and they rejected giving the newly created chief executive the legal authority to suspend or dispense with the enforcement of the laws. and that of course, in their mind was the province of congress. so my question to you is do you believe that the president's recent actions comport with the framers' conclusi

mr. alvarez spoke at a conference at the american bar association, an organization that includes many lawyers who represent the banks that are affected. by the fed's enforcement of dodd frank. mr. alvarez openly criticized the swaps push out rule, saying quote, you can tell it was written at 2:30 in the morning and so it needs to be, i think, revisited, just to make sense of it. he also criticized the new rules dodd frank put into place to address conflicts of interest, credit rating agencies, saying quote, restrictions on the agencies really did not work and it doesn't work and it's more constraining than i think is helpful. so let me start by asking, does mr. alvarez' criticism of these two rules reflect your view or the view of the federal board of governors? >> so, let me just say that over the years we've had feedback that we have given on various aspects of dodd frank. >> i appreciate that -- the question i'm asking though is these are specific criticisms he has made of dodd frank rules. that govern the largest financial institutions in this country and i'm just asking, do his criticisms reflect your criticisms or the criticisms of the federal board? >> i think i per

mr. cramer. >> why don't i go to frank in california. [ crickets chirping ] >> frank?> frank, you're up. >> caller: okay hi this is frank from california. >> hi frank. >> still there. you can see how twitter formed a very impressive wedge formation. this isn't a perfect head and shoulder big head like chunk from the goonies, if you run two fingers at once it doesn't work. twitter is -- one at a time. stick with cramer. >>> it's important just my incredible staff out there tweeting, as much as i like looking at a giant image of my face along new york's west side highway, we should probably get to the other tweets you're sending me at jim cramer #madtweets. let's start with ultimate jazz fan who thinks the fed needs to cut period. cut what? i mean they are like at zero. what minus .25? no. we're done with the fed. forget about the fed. the fed is fine. let's focus on earnings and focus on the economy. that's the old days. we want the economy to do better now. that's what we need. okay, there i've said it. at daniel risk wa 4 u wants to know mad tweets buy, hold, sell? of

frank and claire underwood. but is this enough to derail mrs. clinton's 2016 rumors presidential run. "e.t.'s" top story.an anything topple hillary's house of cards. >> i think americans to a certain extent watch politics almos

mr. netanyahu's speech today. among them, senators frank and leahy, cain. is the far left appeasing the iranian mullahs with us here in new york city monica crowley and from washington kirsten powers. if you were a congresswoman from alaska, your home state would have you boycotted? >> yeah, i think i probably would have. >> because i think this is inappropriate. i think it was inappropriate the way the republicans handled it, that they didn't coordinate with the white house. there is no way you need to sit and listen to bibi netanyahu try to below up the iran negotiations which is essentially what he is doing. i also think it's too political so close to the elections in israel. >> why do you think netanyahu is trying to blow up the negotiations that are going none that geneva switzerland,. >> i think he we need to be quote tougher on iran even though there really is no alternative that has been put forth that all these people complaining. >> what do you mean there is no alternative. he wants stronger terms. petaluma. >> they are in the plutonium. >> the ta

mr. secretary, let's talk for just a moment about dodd-frank. i believe it to be an exceedingly important piece of legislation. would you kindly give some indications as to how well it's performing and some indication as to how dodd-frank could have made a difference when we went through the 2008 crisis? as you know, a.i.g. was styled an insurance company. could you please elaborate to some degree? secretary lew: congressman, i think we have made an enormous amount of progress, making our financial system and the global financial system safer and therefore the economy safer. we have taken action that raises the capital held by banks so they're able to -- and financial institutions that are significant so that they are able to absorb the risk that they're taking on. we have put in place consumer protections that didn't exist before to prevent the kind of practices that kind of metastasized in the prefinancial crisis days through the subprime lending problem. i think if you look at the kind of back end, when institutions hit a difficult time, we'v

mrs. astronaut so a lot of us went our separate ways. >> you were very frank about that.arts and all. you refer in the movie cheated my family friends out of a big chunk of my life, particularly my daughter. like a lot of my colleagues i would focus on the challenge placed in front of me. i think this is the same daughter who initials you wrote in the dust on the moon before you left. right? >> that's her, and she is here in austin. with her daughters, and that means a great deal to me. >> wow. that beautiful. another thing i thought of, do you ever feel that god was guiding you and i want want to get too deep but you were part of the backup crew to the gemini mission that -- then we had the apollo one fire that could have changed the apollo program but almost as if a greater force was guiding you was guiding all the others who would later go on followup missions and ultimately reach that goal. >> you know as i said a minute ago, fate played a major role for just the reasons you're talking about. but having been to the moon twice, the first time i came back and i came bac

frank up next. man (sternly): where do you think you're going? mr. mucus: to work, with you. it's taco tuesday.o help get rid of my mucusy congestion. i'm go od all day. [announcer:] mucinex keeps working. not 4, not 6 but 12 hours. let's end this when it comes to good nutrition...i'm no expert. that would be my daughter -- hi dad. she's a dietitian. and back when i wasn't eating right, she got me drinking boost. it's got a great taste and it helps give me the nutrition i was missing. helping me stay more like me. [ female announcer ] boost complete nutritional drink has 26 essential vitamins and minerals, including calcium and vitamin d to support strong bones and 10 grams of protein to help maintain muscle. all with a delicious taste. grandpa! [ female announcer ] stay strong, stay active with boost. ♪ ♪ ♪ ♪ for most people, earning cash back ends here, at the purchase. but the citi double cash card doesn't end there. it lets you earn cash back when you buy and again as you pay. that's cash back twice. it's cash back with a side of cash back. the citi double cash card. the only card that lets

i look forward to your testimony and hope we can have a frank discussion of these issues. again, mr. chairman, thank you for calling this hearing. mr. royce: thank you mr. ingle. we are pleased to be joined by senior presented is from state and treasury. mr. tony blanck and -- he served as the assistant to the president and was principal deputy advisor. he also worked as the democratic staff director for the foreign relations committee. he just confirmed that we will welcome him for his first appearance before the committee. mr. adam steuben is the acting undersecretary for the office of terrorism and financial of treasury. he previously served as the director we welcome him back. without objection, the witnesses for prepared statement will be made and members here will have five calendars days and any questions for the record. we will ask you to please summarize your remarks and mr. secretary, if you would begin. thank you very much. it is a pleasure to be here. secretary blinken: as we speak and as you mentioned, under secretary of state sherman negotiating with the government of

mr. president the republican budget does nothing to address the real problems except to make them worse. and one of the problems, to be very frank with you and works to the republicans' advantage -- and i have to say this frankly -- the republican budget is so outrageous that when we explain it, people don't believe what we're saying. senator durbin made the point. no debate here. if i'm wrong somebody come up and correct me. the republican budget eliminates the affordable care act. right. it does that. 16 million americans lose their health insurance. 16 million people have no health insurance. but that's not enough. the republican budget cuts over $400 billion in medicaid. that's another 11 million people losing their health insurance. 16 must 11 is 27 million people losing health insurance. does anybody in america think that that makes any sense at all? these are men women children. when you cut medicaid and you throw people off. these are pregnant women who need to go to the doctor to make sure that the baby that they're carrying is healthy or little babies who are born. that's what they do. but meanwhile here's something th

mr. gregg: that's absolutely true. i agree that there is a too big to fail issue that has not been resolved under dodd-frank.ommodity trading partner exercise is not the problem. it is not the elephant in the room. you can't represent that pushing these banks out of commodity training -- trading is going to have a significant impact. it's not. it's not a big enough part of their underlying activity. so, the fed is not going to have to come in and protect banks of from bad commodity traders. they will be absorbed by the banks. it hasn't happened. carl: if the fed regulates is sufficiently that they cannot place the kind of bets that would pull them under, as we saw the housing sector, that would certainly have a balance. alix: i have to point out -- mr. gregg: the commodity sector is completely different. the housing sector is completely different. there is no question that what happened in 2008 was -- carl: but in the commissioner's defense, he is preventing banks from getting into deep and needing a bailout. alix: but it is not just about the size of the best though. it is also that you have a trading busin

so i look forward to your testimony and hope we can have a frank discussion on these issues. and again, mr. chairman, thank you for calling this or and today. >> thank you mr. engel. this morning we're pleased to be joined by senior representatives from state and from treasury. treasury. mr. tony blinken as the deputy. mr. tony blinken is the deputy secretary of state, previously served as the assistant to the president and was principal deputy national security advisor. is to blink and also worked as the democratic staff director for the senate foreign relations committee, it just confirmed last december we welcome him for his first appearance before this committee. .. >> our influence with our partners negotiationugoingsegotiateing with iran over the nuclear program and our goal is to provide the program for peaceful purposes and we seek to cut off four pathways that iran can obtain for pathways to a nuclear weapon. there are two uranium and a platonium outlet. we must have monitoring and transparency measures that maximize the ability to detect any attempt to break out. as a practical m

mr. president, i yield the floor and i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: frapping frank mr.ld ask that the quorum call be vitiated. the presiding officer: without objection. mr. franken: thank you mr. president. i rise today to oppose this resolution which would overturn modest but vitally important updates to the process that enables workers to exercise their rights to join a labor union. today's attack on the nlrb's rule to modernize its election process is misplaced and misguided. today middle-class families are struggling with wages that aren't keeping up with expenses while large corporations make record profits and those at the top are doing better and better, but our economy doesn't grow from the top down. it grows from the middle out. our economy is strongest when we have a thriving middle class with a strong voice in the workplace, and that's why we should be talking about how to restore basic workplace fairness to middle-class americans and to those aspiring to be in the middle class. to me, that means if you work full-time, you shouldn't have to live in poverty. i

mr. sanders: let's be frank. we live in a global economy. we need the best-educated work force in the world to compete and yet we are making it harder and harder for middle-class families to send their kids to college and at the same time we're saying to those young people who go to college you are going to be living with an oppressive debt for decades for decades. i several months ago talked to a young woman in burlington, vermont. mr. president, her crime was that she went to medical school in order to become a primary care physician exactly the people we need. she left medical school with $300,000 in debt. does anybody think this makes any sense at all? right now if you want top pew a new car you can get interest rates of zero, 1%, 2%, you want to renot in your home you can pay 3% 4,% 5% yet when parents want to send their kids to college or can young people themselves take out lopes they -- loans they are forced to pay 6%, 8%, or even higher for the crime of wanting to get a higher education. senator warren's amendment is eminently sensi

mr. bass got me excited about it. he's going to end up doing well. >> i don't know about that. >> frank brosen is going to end up doing well. >> he was the main engine behind this. >> people who don't know frank brosen should know he is not one of these boisterous look at me guys. he's the opposite. >> mr. wilson was the public face of their approaches to gm about capital allocation. >> it's big that they convinced them to do this. it does show a degree of confidence. i keep thinking there's really only going to be one left. >> right. coming up mcdonald's delivers another weak month of sales. the stock is down this morning. also ahead, the ceo of alcoa. i get to say it. klaus kleinfeld, he's going to be a guest of ours. more "squawk on the street" with just a few hours to go to apple's event in san francisco. we're back after this. ♪ [upbeat music] ♪ defiance is in our bones. defiance never grows old. citracal maximum. easily absorbed calcium plus d. now in a new look. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. let me talk to you about retirement. a 401(

because from this post dodd-frank world, they have even tighter credit. >> mr. chairman, i believe that our proposals reflect our commitment to making tax reform work for small businesses. we have called it business tax reform on purpose because we think of it as both corporate and small business tax reform. we've put into our plan a number of things to simplify taxes for small businesses, to make it possible to take deductions more easily and more quickly. and to lower the tax burden for many small businesses. a lot of different kinds of companies organize as pass-throughs. some of them are mom and pop businesses. some of them are very large companies that look more like corporations. we look forward to working on a bipartisan basis to see what we can do to help real small businesses get the kind of relief they need. >> big or small. that's where most of the jobs come from. all i'm saying is i don't think there is enough in this proposal to do justice to what needs to be done so let's keep working on that. transition. i want to just get you down on the record o

she sent a formal letter to capitol police board chair frank larkin asking for a one-time waiver. she implored him to quote have a heart, mr. larkin, a kid's heart, end quote. >>> our cold weather is taking a toll even after crews repair those broken water mains. this is what it looks like on bradley lane in bethesda where the yellow lane striping has been ripped up. we're told it's a combination of the rain, the snow, ice, chemicals. that's all likely to blame. wssc tell us those markings are temporary and they'll put permanent striping down as soon as the weather improves. >>> a virginia man is in jail tonight for allegedly flashing workers and customers at a hair salon. paul cocca was arrested yesterday in woodbridge. they tell us he had been sitting on the sidewalk outside the salon on darby brook court exposing himself in front of the window. he drove away after that, but officers were able to track him down with the help of witnesses. he's being held without bond. >>> we'll soon learn just how bad those cuts could be next year in prince william county wub schools. tonight the school board meets to decide what to trim

and frank went out to check out bancroft middle school, this week's "cool school." [ speaking spanish ] >> reporter: welcome to mrs. style's all spanish kindergarten class. and right next door miss velazquez is teaching english. these young students at walnut creek's bancroft elementary switch classes after an hour and a half. it's all part of a pilot dual immersion program where the goal is to have these kids both bilingual and biliterate by the fifth grade. >> it's incredible to see these kids who come in not speaking a word of spanish and now are in there and teaching me words that they learn and coming over and saying miss velazquez, guess what miss styles taught us, know how to say pencil. >> reporter: the two classes mirror one another. these five and six-year-olds are soaking it all in. >> what's your name [ in spanish ] >> my name is katie [ in spanish ] [ non-english language ] >> si. >> si. how much are you learning here? ? mucho! >> do you a cat or dog? >> two cats [ in spanish ] >> i never learned spanish before and i like it so much. >> reporter: yes, they sing, too. and write. all the while having fu

mr. chairman. policymakers from across the political spectrum should be able to work constructively together to find some parts of dodd-frank especially those coming you have heard it from both sides of the aisle especially community banks and others as well. unfortunately during the state of the and an address on jittery 21st 2015, the president threatened to veto any legislation passed by congress that he viewed as unraveling the new rules on wall street. the committee has passed a number of bills over the past two years. many of them with bipartisan support to address unintended consequences and this is opposed to efforts and be personally signed a letter expressing opposition making it largely technical. including a vote of 411 or 12. another related to the sharing of this clarifying the treatment of derivatives with affiliated entities. the administration's unwillingness to support these modest changes, each of which commands the unanimous support of from republicans and democrats who just said nothing will be deemed fit for his signature. the administration's insistence on defending the dodd-frank brand at all costs i

mr. fletcher. >>james: most chip who will deal with the approach of their no actor frank most of it is falling alreadyr record cleared the area san francisco same story for the top half of the peninsula you're pretty much in the clear for the organized rain coupled showers all of the ocean headed in our direction every now and again you get a floor of what whether the organize steady rain is moving through the east bank and will continue to allow the the course of the next hour and half killed we are saying in the ec on the dust of redwood bill was a light rainfall in the stretch of highway 4 sing it as well as 680 from the shock of what will the creek and down past san ramon to dublin where a single light to moderate showers if it does to the intensity rest assured it would die down in 15 minutes or so. >>james: you have this to your resting in your direction you can see the rest and half of the dumbarton bridge dealing with heavier showers at the moment here was a lot of the outside this the way you will encounter temporal to edge ahead of the work this morning to catch showed the bulk of the wet we

businesses we think of as pass-throughs to help them because in this post frank dod world they have even tighter credit? >> mr. chairman i believe our proposals reflect our commitment to making tax reform work for small businesses. we've called it business tax reform on purpose because we think of it as both corporate and small business tax reform. we've put in our plan a number of things to simplify taxes for small businesses to make it possible to take deductions more easily and more quickly. and to lower the tax burden for many small businesses. a lot of different kinds of companies organize as pass-throughs, some of them are mom and pop businesses some are large companies that look like corporations. we look forward to look on a bipartisan basis to see what we can help small businesses. >> big or small is where most of the jobs come from. i don't think there is enough in this proposal to do justice to what needs to be done so let's keep working on that. transition -- i want to get you down on the record on this idea of tax reform financing highways. your point, just to be clear, it not to support a one-ti

franks: i will yield back. thank you both. rep. nugent: mr. carter, first of all, i want to thank both of you. general dempsey, i appreciate your service to the country, particularly the uniform you wear of the united states army. it means a lot to me. secretary carter, first time i get to meet you. where i am perplexed is what is going on in iraq today. we have the general of the force leading the charge. i get our reluctance to have boots on the ground. my kids have been there. i don't necessarily want to see them go back. i hate to see iran has taken the lead, particularly when you go back to the history with us. when i was there, we had five servicemembers killed the night i was there by an advanced i.e.d. supplied from iran. now we are allowing them to take the lead. we had our forces in iraq, the drawdown. we had american troops being killed and ambushed because of the status of forces agreement particularly as it related to iraq. they kept us from hunting, capturing, or killing these guys killing our troops. we know where they were laying their heads at night. the fact is these are the

franks: i will yield back. thank you both. rep. newton: mr. carter, first of all, i want to thank both of you. general dempsey, i appreciate your service to the country, particularly the uniform you wear of the united states army. it means a lot to me. secretary carter, first time i get to meet you. where i am perplexed is what is going on in iraq today. we have the general of the force leading the charge. i get our reluctance to have boots on the ground. my kids have been there. i don't necessarily want to see them go back. i hate to see iran has taken the lead ind, particularly when you go back to the history with us. when i was there, we had five servicemembers killed the night i was there by an advanced i.e.d. supplied from iran. now we are allowing them to take the lead. we had our forces in iraq, the drawdown. we had american troops being killed and ambushed because of the status of forces agreement particularly as it related to iraq. they kept us from hunting capturing, or killing these guys killing our troops. we know where they were laying their heads at night. the fact is these are t

frank. that's the sort of impact that this legislation is having on businesses throughout the country. so with that mr. garrett: i yield to mr. mcclintock. mr. mcclintock: we hear that the financial crisis of 2008 was because of a lack of regulation. exactly the opposite is true. government regulations specifically the act, compels lenders to make loans to people who couldn't possibly pay them back and then we shifted the losses of these risky loans to taxpayers by fannie mae and freddie mac. this created a financial house of cards that collapsed catastrophically. my colleagues talk about wall street agreed. of course it was wall street greed. government told wall street, you reap the profits and we'll get fannie mae and freddie mac to stick taxpayers with your losses. they took us up on that and then my colleagues are shocked that they did. it used to be that if a bank made a bad loan, they ate the loss. and they went away sadder but wiser. and if a homebuyer took out a bad loan, they lost the collateral and they went away sadder but wiser, but in either case they left the rest of us alone. the damag

and robert frank joins us now with the details. i believe mr. >> the stock price hasn't done that well. ever since he joined the board. this is the big shoe everyone was waiting to drop. i think tad is a great choice for the business. but in the art world, in the rarefied world of art collecting, no one knows who he is. we had a media executive running christies for a couple of years, didn't work out well. steve murphy was forced to resign there. the art world is a very particular, strange business. he is not known in that world. >> is the argument to be made you need a real manager in there. that part of the problem of sotheby's was it was always the quote, unquote, art people who may not have been focus odd then bottom line. >> you're right. in the biggest art boom we've had, sotheby's has been showing declining profits and slowing revenue growth. this should be boom time for sotheby's. they need someone who can communicate with the press, who can communicate with the investors. tad is great. >> i'm looking at the stock price. is that off? >>

because from this post dodd-frank world, they have even tighter credit. >> mr. chairman, i believe that our proposals reflect our commitment to making tax reform work for small businesses. we have called it business tax reform on purpose because we think of it as, both corporate and small business tax reform. we've put into our plan a number of things to simplify taxes for small businesses, to make it possible to take deductions more easily and more quickly. and to lower the tax burden for many small businesses. a lot of different kinds of companies organize as pass-throughs. some of them are mom and pop businesses. some of them are very large companies that look more like corporations. we look forward to working on a bipartisan basis to see what we can do to help real small businesses get the kind of relief they need. >> big or small. that's where most of the jobs come from. all i'm saying is, i don't think there is enough in this proposal to do justice to what needs to be done so let's keep working on that. transition. i want to just get you down on the record

mr. fox: we need to be willing to confront him. we have seen his modus operandi. we need to have a stronger presence in the baltics. let's be frank about what he is doing here. he is moving some of the baltic states, interfering. he has been encouraging republican serbs in the balkans. setting the illegal referenda in crimea as a president. -- he still has forces in georgia. he has now annexed crimea. how many lessons do we need? this is the ability now to cause instability at will in terms of european security. we need to counter that. we need to have a larger and permanent presence in the baltic. we need to beef up the baltic patrols. we need to look at countries like poland and see if we need a greater nato presence there. we need to use the powers that we have to show that we are not going to allow this concept of fear to take hold. for example, we should be sending our naval power into the black sea just to show that we have every right to do that and that this is not a pawn of putin. there are things we can do, but we need the will to do it. >> let me turn to the european union. in some ways, the may 7 election is, in part,

already heard in the dodd-frank arena, what reactions you've had to what you've already heard about the need for accommodation and retreat on some of the regulation. on the other hand, mr. bland, you said to the extent the law allows. and i think that's the other challenge we have here is trying to figure out where we're going to put the burden on you to solve this problem, and where we need to be a partner. and so i'm curious, as you've been going through the agrippa process, as you've met with the community bankers in your meetings, what are you hearing about dodd-frank that would be impossible for you to fix without legislative action? >> our primary focus hasn't been on dodd-frank and the agrippa process. >> right. i would imagine they don't hestitate to tell you about it though. >> in a kind of sort of way. but i think there's those things that you touched on are the important ones in terms of the impact relative to the institution. and i think part of this discussion we've had earlier about what is a community bank, i think, is an important one. because where it used to be traditional services in a defined market it's really being stretched in terms of that defin

frank. >> caller: good morning how are you? >> host: very well, sir. >> caller: i would like to ask mr. bridis i used to research at the national archives and i lived in the d.c. area for seven years. one of the things that i've researched was the material that came out after the jfk records collection act. it was interesting because one of the things that i did i put them wise to something that was in florida in tallahassee which is the florida investigative committee files which would save writing things that state investigators were investigating at the time. some of those records were looked upon by the records review board, went to washington d.c. and some of them to this day are still sequestered which is kind of unusual because they weren't part of the original record. they became part of it later on after i did research in florida and told the review board about it. number of people looked into this stuff in d.c. and they are still sequestered. i want, one of the things i wanted to know is are these records, you find out the reasons why they have been sequestered to get somethin

2009, frank luntz, a pollster and republican consultant convened a dinner meeting of leading republicans in the house and senate and the subject of the dinner meeting with how do we stop the about mr nation and topic a with health care. the problem they had was by then the democrats were throwing in the towel on the more progressive reforms and said he know, let's do this. just keep old and have the government pay for it if they won't do anything to cut prices. so can there be a more chamber of commerce planned more chamber of commerce plan than one that says the government is going to pay to inject millions of new customers into the private system that we had. so the republican school and i'm a reporter. that is just a fact. a hack. >> looking back. >> again, they have been trying to do health care is the 1940s. originally the unions were against it because once the war labor board allowed employers to provide health care for getting wage increases which would allow during world war ii that became a key negotiating tool and a key recruiting tool. they offered health insurance. so that sort of cut off this huge constituency from ever worrying about health care reform. the constitu

instigation of my predecessor, frank wolf and it is comforting to see the progress that the fbi has we will be working through some tough questions in today's hearing, mr. director, and we will make sure the investments we make have a real impact on national security, reducing crime. we deeply appreciate your service to the nation and i would like to recognize mr. fattah. >> i thank the chairman, and thank the director for being with us today. you said recently that we have in every single state the bureau has active investigations around terrorism.

mr. druckenmiller is short the high yield market but if you look at what broker dealers have done with their balance sheets because of dodd/frankthe reforms we put in, broker dealer balance sheets have been cut in half so there's zero liquidity. when it does happen i don't know when it does happen but when it unwinds, that's a big problem. >> on the macro front, stan druk n druken miller has been concerned about the fed policy for a long time. think about elliott management and paul singer they have been railing against the current rates regime for years and folks like them, by the way, think there's peril to come in the equity market. they think we could see a massive correction not just the nasdaq, but the broad stroktock markets are at silly valuations and we will see a correction. >> what are they missing evan? >> i don't think they're missing -- >>the question is what happens to equity valuations if rates rise suddenly? >> recent history suggests interest rates are procyclical. there might have been some bumps -- >> we're in a period that is largely -- we're in territory that's largely uncharted right now. you have a combi

instigation of my predecessor, frank wolf and it is comforting to see the progress that the fbi has we will be working through some tough questions in today's hearing, mr. director, and we will make sure the investments we make have a real impact on national security, reducing crime. we deeply appreciate your service to the nation and i would like to recognize mr. fattah. >> i thank the chairman, and thank the director for being with us today. you said recently that we have in every single state the bureau has active investigations around terrorism. obviously, it is a major concern, even the activities taking place in all parts of the world. part of the big discussion was whether or not -- how we recalibrate ourselves to deal with these challenges. because here i was about catching people after they have done something wrong and in the case of terrorism it is a different approach where you are trying to prevent something catastrophic from happening. by people who, in many instances, have no desire to get away. it is a much different circumstance. it will be interesting as we talk about cybercrime, which is a big deal, and a lot of these other issues --