mrs. hagan: mr. president? the presiding officer: under the previous order, the senate will be in a period of morning business with senators permitted to speak for up to ten minutes each. the senator from north carolina. mrs. hagan: thank you, mr. president. i ask unanimous consent that the appointment at the desk appear separately in the record as if made by the chair. the presiding officer: without objection, so ordered. mrs. hagan: mr. president, i ask unanimous consent that when the senate completes its business today, it adjourn until 10:00 a.m. on tuesday, february 12, 2013, that following the prayer and pledge, the morning business be deemed expired, the journal of proceedings be approved to date, and the time for the two leaders be reserved for their use later in the day, and that following any leader remarks, the senate resume consideration of s. 47, the violence against women act, under the previous order. further, that the senate recess following disposition of s. 47 until 2:15 p.m. to all

mrs. hagan: mr. president, i ask unanimous consent that the time until 2:00 p.m. be equally divided and controlled between the two leaders or their designees, and that following the swearing in for our new senator, that i be recognized and that following my remarks senator franken be recognized. sproeup is there objection? -- the presiding officer: is there objection? without objection. mrs. hagan: mr. president, i ask for quorum call. the presiding officer: the clerk will call the roll. quorum call: mr. reid: mr. president? the vice president: the majority leader. mr. reid: i ask unanimous consent the call of the quorum be terminated. the vice president: the chair lays before the senate a certificate of appointment to fill the vacancy created by the resignation of senator john kerry of massachusetts. the certificate the chair is advised is in the form suggested by the senate. if there is no objection, the reading of the certificate will be waived and it will be printed in full in the record. if the

. >> mrs. hagan? >> she votes no by proxy. >> mrs. warren? >> no. >> aye. [inaudible] >> aye.ible] >> aye by proxy. [inaudible] >> aye. [inaudible] >> what is that? >> the amendment is not agreed to and blocked by the committee rules of procedure. all those in favor, say aye. >> aye. >> those opposed, nay. the ayes have it. these documents are approved and unblocked. i ask for the unanimous consent that to make any technical and permanent changes and that the rule be waived. being there no objection, it is so ordered. we will move to the hearing. this hearing has been bernanke according the monetary policy. growth has been slow, but positive and steady in part to the fed's on a terry actions. -- monetary actions. over 6 million new jobs have been created, but we should not sacrifice those gains by slamming on the brinkakes now. automatic cuts will take effect in a few days and could send our economy in a reverse at a time when we should continue moving forward in creating jobs. there are suggestions that the sequester would cost us 750,000 jobs this year. in addition to layout

mr. chairman. >> thank you, senator. senator hagan. >> thank you mr. chairman. secretary this is your last time before the committee and all the other accolades and services that you have provided so i want to echo my thanks and general thank you for your continued service as we go forward look at the motion by the department of state for protection in benghazi, and on the night of the tuck the security consisted of three armed militia members as well as for locally hired unarmed guards and five armed diplomatic security agents de martyrs' brigade which is a local militia that participated and the antiuprising and the local militias to hand the u.s. officials and demolition members were generally expected to provide their own weapon into their own ammunition in order to protect. to what extent has the department of defense also rely on the every entrance and high threats areas and the government forces didn't control the territory such as afghanistan and how should the committee view of force protection? both of you if you can answer this question, please. >> du

senator hagan. >> thank you, mr. chairman. i appreciate all your service to our country. thank you for your time today. the devastating impact of sequestration, which we have all heard and talked about, i really do appreciate the candor that you have shared with us. it plays an important role. i chaired one of the subcommittees and i am very concerned about the possible impacts of the sequestration. and a full year on our special operations forces. north carolina is the home to the special operations command and the marine corps. as well as thousands of special operations and their families. admiral mcraven has noted repeatedly that there is a greater demand for special op forces today than at any point in our history. as we prepared to draw down special operations forces, we will likely remain. additionally as al qaeda remains a threat to our nation, special operators will remain engaged abroad. i understand the combined impact of these issues. it could cut approximately 23% in the special operations and maintenance accounts. and 9%, essentially returning the command of

mr. chairman. >> i'm sorry, i misspoke. >> i thought you're going you were going to let me get in their. >> she slipped in time. i apologize to you. senator hagan? >> thank you, mr. chairman. we appreciate your service to our country. thank you for your time today. the devastating impacts of sequestration, which we have all heard about, if it is to be avoided in this late hour, i really do appreciate the candor that you have shared with us that certainly does play an important role. the emerging threats and capabilities subcommittee, i'm very concerned about the possible impact of sequestration and north carolina is home to the headquarters of the u.s. army joint special operations army command in the marine corps and army command. as well as thousands of special operators and their families. admiral mcraven has noted repeatedly that there is a greater demand for special ops forces today than at any point in our history. as we prepare to drawdown in afghanistan, special operations forces will likely remain. additionally, as long as al qaeda and its affiliates remain a threat to our nation, our special operations will remain engaged abroad. i un

hagan. that seems to be a little more of an uphill battle. so far, so good for mr. brennan.e last couple of years about, you know, tactics. >> a little worrisome. that's for sure. >>> well, the dream of luxury living is over for a squatter in south florida. andre barbosa had taken over this foreclosed boca raton mansion, claiming an archaic law called adverse possession. but the bank of america, which owns the multimillion dollar property, had him evicted. the bank even had the locks changed and posted a 24-hour guard just to make sure the place remains unoccupied. >> this story should entertain you guys. a man in tennessee has quit his maintenance job after being linked with the number 666 through his employer several times. first walter received id badge number 666. another work issued document also included the so-called number of the beast. and the final straw was his recent w-2 form, when it included 666. he knew then he simply had to go. >> don't accept any papers, any telephone bills, anything with number of devil. >> the company contech casting says it wants walter b

mr. curry, gruenberg, tarullo, walter, miller, anything to add on that? love your thoughts. >> senator hagan we view the qrm rule making process as an important one. with qm in place we're looking forward to adopt an appropriate regulation as quickly as possible. >> quickly as possible as defined as when? >> i think governor tarullo mentioned earlier we expect to wrap up most of the dodd-frank rule making this year. >> i would hope on that one it would be sooner than the end of the year. >> the sooner the better. >> because the qm coming out, senator, really now does allow us to go and just finish it. most of the other issues -- you know, the way these processes work is at a staff level people go through all the various issues and they try to either work them through or present them to their commissioners or governors for resolution. most of that process is already proceeded so there are a couple of things that have to bed at by our agencies but it was having qm final that lets us now go to completion. >> secretary miller, at the request of the ofr studying the asset management industry. and