mr. secretary. this is the last time for this year we appreciate your -- you and general dunford's appearances before the armed services committee and look forward to you and general doneford's testimony: thank you for your service to our nation. secretary carter. >> thank you very much. champ chairman, ranking member reed, all the members to the committee, thank you for having us here and chairman and senator reed, thank you for taking the time to talk with me before the hearing. and for hosting general dunford by my side where he is all the time and i'm very pleased and our country is very fortunate to have him. similarly i want to thank you for hosting the service chiefs last week. i appreciated your comments to them about the inefficiencies and the dangers of continued budget instability and gridlock, as well as the risk of sequestration's looming return. i look forward to addressing those topics more today with you. also appreciate your support for our me and women serving around the wor

. >> good morning mr. sec. >> i have a couple of questionst i was wondering if you everthe thought about turning all the bureaucrats in the va into auditors and have the auditors audit them for two years. my second question was, have you ever thought about getting the watson program from ibm to help with diagnosing and treating patients? >> thank you.yees on the first question of bureaucrats, the percentage of employees in washington d.c. head office is lower than it was in the past. one of the things we are working on is putting more more people in charge of care of veterans. we have an outstanding inspector general and he's doing a great job auditing us. we also get a lot of help from the gao who audits us, we have lots of overseers.at we do have a partnership with ibm and were working with ibm and watson and where the computing power of watson shows tremendous capability in something we call our million vets project, this is something where were leading research not just in the united states but in the worl

sec. fitzwater: even people in their own parties -- mr. spiner: even people in their own parties? sec. fitzwater: which is crazy to me. ronald reagan always had the ofe of say no evil -- will say no evil. you just never did it. -- rule of say no evil. mr. spiner: the idea of the political center. here in new hampshire, where we have the first the nation primary, you had a democratic socialist the hillary clinton by 22 points. -- had donald trump win or more than 100,000 votes when there is still something like a .ozen candidates in the field so, do you think -- do you think that is a sign of how divided this country is or do you see something is happening here? sec. fitzwater: i think it is a partiesthe division and in the country generally -- it is also a sign of the technology and communications that we have so many messages coming from so many sources that it generates support and opposition to all the candidates. you have the 17 candidates -- that is a contributive factor. but, the question is, how do you do with this? i think that is really a quandary for all of the candidates and

mr. spiner: in your book, one of my favorite lines is at the beginning when you call the press a pack of wolves, and i do not think you were joking about that. sec. fitzwater: let's say i was. [laughter] mr. spiner: you know, obviously that is the relationship -- the press is supposed to question the administration. there have been polls that have showed recently that american trust in the immediate is at the -- trust in the media is at the lowest point it has ever been. which, i think as the editor of a newspaper, is a dangerous thing. later in the book you go on to say that the press are good people and they have jobs to do. what do you think about that stat, that the american public does not trust the media anymore? at some point, even being vilified. sec. fitzwater: i tend to think it goes back to the issue you started this discussion with on divisiveness in the country. the political opposition, the two parties and so forth. the divisiveness is so tough that basically on any issue you raise, you have half the country for its and half the country against it. the problem is if you are in half of the country that is against the issue or agains

and there we see the sec >> mr. president, chairman dunford, honored guests, family and friends of those we lost on 9/11, today, we come together as we have ever year since 2001, we come together to remember those we lost that day and to stand again with their friends and families to honor those we'll never forget. we come together to reflect on all we've done together to recover and rebuild. and we come together to recommit to our hard but certain mission. to protect our country, and our people, and to make a better world for our children. to all those here before us, who lost loved ones, 15 years ago. >> president obama and the secretary of defense there this morning at the pentagon to honor those lost on 9/11. there will be a moment of silenc pennsylvania, where united flight 93 went down. there's been one at ground zero. this car is traveling over 200 miles per hour. to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical informa

. >> the sec alleged that mr.erman and omega had inside information from company executives inside a company called atlas pipeline partners. an oil and gas producer. the charges relate to trades around 2010, particularly the summer of 2010. and they say the hedge fund had information ahead of time that atlas was going to sell an asset in july. when that sale happened, the stock jumped about 30%. matt: how bad can this be? bringsly when the sec charges, you end up with a fine. maybe you cannot trade for a year. >> leon said he can settle for less than he gives to charity every year. for him, this is about his reputation, which is sterling and massive in the industry historically. he is going to fight it all the way. vonnie: breaking news out of the eurozone. manufacturing pmi is better than expected and services pmi is worse than expected and it's also a fall. services pmi falling to 52.1. manufacturing actually better than expected. that means we may see a little bit of strength in germany. we did have some contra

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. >> sec mr. trump, the same question to you. it's about putting money, more money into the pockets of american workers. you have up to two minutes. >> thank you, lester. our jobs are fleeing the country. they're going to mexico, they're going to many other countries. you look at what china is doing to our country in terms of making our product. they're devaluing their currency and there's nobody in our government to fight them and we have a very good fight and we have a winning fight because many other countries are doing the same thing. so, we're losing our good jobs. so many of them. when you look at what's happening in mexico, a friend of mine who builds plants said it's the eighth wonder of the world. some of the biggest plants anywhere in the world, some of the most sophisticated, some of the best plants. with the united states, as you said, not so much. so, ford is leaving. you see that their small car division, leaving. thousands of jobs leaving mi they're all leaving. and we can't allow it to happen anymore. as far as ch

sec. clinton: we have 62 days. 62 days to make the case. and i can't do it without you. mr. trump: we came out with a 10 point plan. it is on the website. it has been praised by the veterans groups. sec. clinton: his whole campaign has been one long insult to those that have worn the uniform to protect our most cherished american values. mr. trump: you have illegal immigrants treated better than veterans. >> he trash talk to john mccain, the american hero and p.o.w.. >> it comes down to just a few basic things. it comes down to security and prosperity. the supreme court of the united rates. making sure we maintain the highest standards of integrity in the highest office of the land. john: i was away. you were away. welcome back. good to see you. mark: i am rested and ready. john: the question i have for you as we start the show today, big picture overall. where do they stand? mark: it's pretty much where i thought the race would be when it became clear these were the nominees. hillary clinton had a great advantage early, big head start on fundraising and organizing. but trump

sec wi tir. talk to me, mr. potential president, at the policy level, from that i can derive strategy and tactics and what the force structure needs to look like. don't come up and say, i need x number of ships and airplanes and by the way, it's the smallest since before world war ii. that's a false comparison. let's talk about what we are trying to achieve at the policy level. i want predictability from a president, and then we can figure out all that -- we, the leadership in the military and the national security staff can figure out all that stuff. i want calmness. i want measured approaches. i want our allies to be emboldened and our enemies to take a heck of a lot of pause and frankly, i want them scared because they are not -- they, our enemies, are concerned about what this president has said he's going to do with clarity and with purpose. that's what we need. >> buck, i have to wrap it up. if you can do it quickly. >> five seconds is really quick. everything the general said is true. i think that trump r

mr. stumpf: not a material financial event. senator menendez: what about the material event for the sec disclosure you said he never made? mr. stumpf: i am not a lawyer -- thetor menendez: based upon stock for your shareholders it certainly was a material event that should have come forward. carrie tolstedt, and responsible to the questions you said you ceo met withnd the her and said he wanted to move in a different direction and she decided to leave. that sounds a lot like you can either leave or you are going to be fired, maybe, or is it that you created a situation to give her the option to leave because you were concerned about what she might say about practices of the banks and higher-ups? tim talked ton mrs. sloan and the chief operating officer talked to her and said we wanted to go a different direction there were a number of things different in the business and we had not made enough along with my consultation enough progress here and she was term eligible and decided to retire. senator menendez: you had no concerns about what she may say in front of the senate or any other entity undergrowth about what was known o

simone: the sec is seeking disgorgement and certain bands for omega and mr. cooperman himself.we have to see how much teeth this has. so far, to this moment i have not seen a form filed from the doj. my understanding is that no -- nothing criminal yet. i think we'll have to see. mr. cooperman has said in the past that he's denied these charges. it remains to be seen how much he's going to fight them. he has been very clear that he felt he did nothing wrong. this is part of an ongoing crackdown, simone, on insider trading. on wall street, especially since the financial crisis. it's clear that some of the early victories that the government scored were easily overturned, weren't they? simone: right, exactly. a string of early victories were overturned. really calling into question the power of the u.s. attorneys office. that said, this is actually filed through a slightly different office. filed in philadelphia. certainly, if investigators were to be able to nail down this toe, it would be a blow regulators generally in being able to prosecute things like insider trading. cooperm

sayinggrees with the sec he is not engaged in any unlawful conduct. alleged that mr.cooperman and omega had inside information from company executives inside a company called atlas pipeline parlors -- partners. the charges relate to trades around 2010, and in the summer, and they say the hedge fund that information ahead of time that apple is going to sell an asset in july. when that sale happened, the stock jumped about 30 matt: sometimes you just end up with a fine. he said he can settle for less than the gift to charity every year and he says this is about his reputation which is sterling in the industry historically. he is going to fight it all the way. manufacturing pmi is better than expected and services pmi is worse than expected and it's also a fall. we had a forecast of 52.8 and manufacturing was better than expected. we may see some strength in germany. we had some contrasting data over the last couple of weeks. when you look at services and manufacturing, we are at a 20 month low. does that tell us we need more stimulus from the ecb? the service sector in

peggy: yesterday the sec alleges that mr. cooperman and omega had inside information from company executives inside a company called atlas pipeline partners, an oil and gas producer. the charges relate to traits thend 2010 particularly summer of 2010 with the hedge fund had information and of time that atlas was going to sell an asset in july. when that happened the stock jumped 30% in the hedge fund made $4 million. that is the time period, and the single stock this is around. david: omega advisors owned a fair amount of this company. do you have any sense of what leon is defending himself with year? peggy: he came out and said with a five page letter saying he emphatically denied the allegations and was planning to fight. he followed up with a ten minute call with clients saying he will not let these regulators destroy his legacy and he will fight it. david: peggy will join us later to talk about this more. but now you want to check out some securities. alix: that is an amazing story. this morning, the big mover, one shippe

mr. trump's fight, more emotional. >> i also have a much better temperament than she has. >> reporter: while sec are eitary clinton was heavy on policy. and even worked in a little sass. >> whew, okay. >> reporter: 90 minutes wasn't enough to cover the country, let alone the candidate's vulnerability. >> you said it's the finest deal you've ever seen. sfwlr >> reporter: trump also felt moderator, lester holt went easy on clinton. he tweeted there's nothing on emails, benghazi. >> i made a mistake using a private email. >> reporter: there's nothing stopping mr. trump from delving further. >> i will release my tax returns against my lawyer's wishes when she releases her 30,000 emails. >> she doesn't have the stamina. >> this is a man who's called women pigs, slobs and dogs. >> reporter: she's coming off a bout with pneumonia, but was full strength on the podium. >> donald just criticized me for preparing for this debate and you know what else i prepared for? i prepared to be president. >> reporter: and allegations that trump university defrauded students, but we could see that in debate number two. not surprisingly, bot

sec. clinton: i know i speak for not just everyone in this room, but so many tens of millions of americans. mry do we know you are an american. you are a great american. [applause] sec. clinton: and you make us all proud to be americans too. let me think the leadership of the cbc foundation for this great honor. and to thank all of my friends in the congressional black caucus for it as well. i dedicate it to all the trailblazers who came before me, who blazed trails that i could follow in their footsteps, barbara jordan. [applause] sec. clinton: i would not be standing here without them. generations of women and men who struggled and sacrificed and cleared a path for all of us. this award is also for everyone out there helping to break down the barriers holding americans back, two leaders, like all of view, and to a rising generation of young activists, to all those on the front lines dedicated to the proposition that in america every single child deserves the chance to fulfill his or her god-given potential. this has been the cause of my life. ever since i went to work for the children's defe

mr. stumpf: when it was required, we did everything according to the rules. sen. toomey: when did you begin to disclose in secings that you had this potentially adverse circumstances that could have huge damage to your reputation? mr. stumpf: i don't -- i can't answer that. i would have to get to her legal team, i do not have that in front of me. but this was not -- i would have to get back to you on that, i do not know. sen. toomey: we have not been able to discover such a veryosure, and the sec clearly requires disclosure of material adverse circumstances. i do not know how this could not be deemed material. i think the market cap lost 9% over the last few weeks. it is pretty material. mr. stumpf: from a financial -- andtive, $2.6 million it is $2.6 million to much -- and $185 million was not deemed get thoseomey: i dollar amounts may not qualify as material to a bank the size of wells fargo, but the reputational damage done to the bank clearly is material, and that has been manifested by this huge, adverse movement in stock prices. let me raise one other issue. you mention in your testimony, you state uneq

sec investigations, d.o.j. investigations, and if you have warren buffett breathing down your neck, then you got real problems. that's why have you most of the analyst community right now basically predicting that mr. stumpf who's chairman and ceo of wells fargo will not divide this scandal, which as you know is not big in money terms, but when you -- make this really clear, not a huge money term scandal. $10 million at the most, maybe 5, but when a bank has a system that does not catch its employees who willy-nilly create fake accounts in real customers' names, whether they're checking accounts, credit card accounts, you got a compliance problem. if he comes out and puts the hammer to him, he could probably be gone not just by splitting up the chairman and ceo jobs, which i think is a real possibility, he could be gone permently. we'll have to see when buffett makes a more substantive remark. he told our liz claman exclusively that the substantive remarks are likely to come out after the election. liz: thank you, charlie gasparino. sure doesn't make bank customers feel safe if that happened. thank you. >>> president obama calling congress' veto override of a 9/11 bill that would let 9/11 victims

mr. comay, i want to ask you this. did the bureau interview everyone who originated an email that ultimately went to sec. clinton that contain classified information. >> i don't think so. nearly everyone but not everyone - you and i had a discussion the last time about intent. you see the statute differently. my opinion doesn't matter, yours does, you're the head of the bureau. in my judgment, my judgment, you read an element into the statute that does not appear on the face of the statute. then we had a discussion about intent. why would you not interview the originator of the e-mail to determine whether or not the originator had a conversation with the secretary herself. >> there was a handful of people that the team decided it wasn't a smart use of resources to track down. one was a civilian in japan, as i recall, recall, who forwarded something that got classified as it went up and the other was a group of low level state department who had written things that end up being classified. nearly everyone was interviewed but there was a small group that the team decided it wasn't worth the resources. : so

sec charges come insider trading charges saying that it's pretty much bogus. definitely which. a six-year-old trade straight out of the show. williams, we should say the fcc is saying mrs purchasing securities in the atlas pipeline partners in advance of the company's sale, asset sale to natural gas processing plant. he was getting inside information on not. he says it's bogus. and now mark cuban pretty much tweaking he believes the guy or not the government. donald trump meanwhile in ohio as donald trump is waiting to hear from the federal reserve although he says the federal reserve is way too political. my next guest agrees most expect not to raise interest rates. mr. trump is proven right. scott, you are firmly convinced it's a political institution. >> i am. the fed chairwoman obviously appointed by the president is sending to keep in mind. the fed has a chance to prove it. they have a chance to hike rates in front of one of the most controversial and most watch elections and probably our countries history to hike rates ahead of an election and a strengthening but meandering economy but also one that is the party moved up as your member in december they did hike

sec. clinton: as michelle said, "when others go low, we go high." [applause] speak foron: i know i not just everyone in this room, but so many tens of millions of americans. mrpresident, not only do we know you are an american. you are a great american. [applause] and you make us all proud to be americans too. let me think the leadership of the cbc foundation for this great honor. and to thank all of my friends in the congressional black caucus for it as well. it to all the trailblazers who came before me, who blazed trails that i could follow in their footsteps, barbara jordan. [applause] sec. clinton: i would not be standing here without them. generations of women and men who struggled and sacrificed and cleared a path for all of us. award is also for everyone out there helping to break down the barriers holding americans like all ofaders, view, and to a rising generation of young activists, to all those on the front lines dedicated to the proposition that in america every single child deserves the chance to fulfill his or her god-given potential. this has been the cause of my life. ever since i went to work for the children's defense fund all those years

mr. sec., in the farewell speech to the un general assembly on tuesday president obama said there is no ultimate military victory to be one in syria. as a member of this committee for many years, i find this assertion to be astounding. our chairman and i along with other members of this committee have made repeated admonitions over the years that decisive action needs to be taken against president a thought. in august 2012 the president delivered his now infamous redline statement. he said we have been very clear to the aside regime that a redline for us is if we see a whole bunch of chemical weapons moving around are being utilized that would change my equation. now mr. sec., a year year later, disregarding the counsel of your predecessor, the president canceled airstrikes against a side who had unleashed searing gas on his own people outside damascus and continues this use of barrel bombs on civilians. this demonstration of weakness by the present left a vacuum that was quickly seized by pr