his occ followed with the direction of the occ or fcc to insert climate-based policies in the bank regulationd does occ principles ask bank boards to consider tying compensation to climate change majors? >> the key for the question. >> the occ is focused on the safety and founders of the institutions we supervise. we are not focused on social or environmental issues were focused on the climate related financial risks are identified properly managed and monitored and controlled. we issue the principles with the idea of providing feedback based on information that we received from the institutions that we supervise dating back as early as 2019 with them raising issues with us about how they should manage those risks and how they should identify those risks consistent with our expectations for risk management framework. >> my last question, financial regulators should not be in the business of picking winners and losers. we see this with this administration constantly but unfortunately now they are. these are. being made under this guise ofke transitioning away fm energy like oil and gas in chan

at the occ we are focused on safety and soundness of the institutions we supervise. dating back to 2014 when the occ implemented our heightened standards of regulation which addressed risk management frameworks for the largest most complex banks that we supervised, that link out our expectations for any type of emerging risk whether they are internal or external that could impact the risk profile of the constitution. >> we also work with our national risk committee to better understand the emerging risk that our examiners are staying in the field that we need to address those. if you refer to are most recent perspective you see we can focus on a flight of risk including liquidity, compliance, operational credit risk we take a holistic approach looking at these and apply an approach to ensure we are taking a risk based assessment of his risk and how they could impact the institutions we supervise. >> you also have to consider exogenous risk that dentalt management practices inside the financial banking industry also things like pandemics. there's a long list of things

-- fbi see, and occ -- fdic, and occ.ution and the largest institutions in particular have an excellent track record identifying the risks associated with technology and mitigating those risks are not conducting those activities if they are deemed to be too high risk. and they are highly supervised along the way. matt: i just see -- you can for the ftc in their in terms of flexing regular toy muscle -- that wall street is doing a lot of this. we will have to have you want to address the broader issues because compliance costs are going to be a big part of it as well as capital. kevin fromer is the ceo of the financial services forum, a lobbying group that represents the 8 largest banks. amber, it's been interesting. markets continue to rally and we will continue to watch them with romaine bostick up next. for amber kanwar, i matt miller. this is bloomberg. ♪ me health customers surveyed reported taking healthier actions. because they know health isn't just a future state. health happens now. start your dna-powered health

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allergicic reactionsns can occ, evenen days afteter using.tst common siside effects werere nausea, i indigestion, and stomomach pain.. we're inin this togegether. talk to o a doctoror about nurtec odtdt. >>> more food from trader joe's being re-called. this just weeks after customers found rocks in their cookies. the fda has issue adderall for trader joe's unexpected broccoli cheddar soup. it found insects in the froze toen broccoli florets. so far, there have been over 10,000 cases of contaminated soup. this comes almost two weeks after two other trader joe's items were re-called. the almond windmill cookies and dark chocolate chunk and almond cookies have been taken off the shelves. the cookies may contain rocks. trader joe's urges people not to eat the cookies and take them back to the store for a full refund. >>> our response crew is responding to help families who can't afford to get back-to-school basics. our teams are helping collect donated backpacks. chris chmura is live at the city center of bishop ranch in san ramon. i've seen the

allergicic reactionsns can occ, evenen days afteter using.mmon siside effects werere nausea, i indigestion, and stomomach pain.. we're inin this togegether. talk to o a doctoror about nurtec odtdt. >>> breaking news we're following. we just learned the name of a man killed in a deadly police shooting yesterday. he's been identified as 41-year-old ryan bluford. it happened yesterday afternoon when a plain-clothes officer was making an arrest at fairfax avenue and catalina street. that's when a second man somehow got involved and when uniformed officers rolled up, police say those officers believe the man was possibly armed. they opened fire. we'll continue to follow more on the story with updates as they come in. >>> new overnight, a rude awakening at or inside one east bay home. this is after that car slammed into the living room. it happened around 1:00 this morning in san leandro on 148th avenue near bankroft. first responders were saying there was one person inside that home who was not injured. the person in that car had to be pulled out.

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allergicic reactionsns may occ.top youour asththma treatmements withouout talkingg with y your doctoror. tell y your doctoror if your r asthma wororsens. headadache and sore thrhroat may ococcur. tellll your doctctor if you ue a a parasitic c infection.. get back t to better b breathi. asask your dococtor about t fas. >>> we'll be right back with a lot more "face the nation" including a closer look at the extreme weather. stay with us. >>> this is the "cbs overnight news." >> good evening, everyone, thank you for joining us, jericka is

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life-threaeatening lunung inflamammation canan occ.cough, or c chest pain.n. seriouous liver prproblems cacan happen.. sysymptoms incnclude fatigig, appepetite loss,s, stomach p, and d bleeding o or bruisi. blooood clots ththat can ld to deaeath have ococcurr. tell youour doctor i if you hahave pain oror swellg in your r arms or lelegs, shorortness of b breath, chest t pain and r rapid breaeathing or h heart re or i if you are e nursing, pregnant, , or plan toto b. i'm makingng future memems every day y with verzezenio. ask yourur doctor ababout everydyday verzenin. >> jericka: this year marks the 40th anniversary of america's first woman in space -- sally ride to. today a life-sized statue was unveiled at the ronald reagan presidential library library in simi valley, california. elise preston has more on her legacy that is inspiring a new generation and to reach for the stars. >> ignition and lift off. >> this was the moment astronaut sally ride ignited change, becoming the first american woman in space. [cheers and applause] >> 40 ye

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allergrgic reactioions may occ.your asasthma treatatments withthout talkining withth your doctctor. tellll your doctctor if youour asthma w worsens. heheadache andnd sore t throat may y occur. tetell your dodoctor if yoyoue a parasititic infectioion. get backck to betterer breathi. ask your d doctor abouout fasen. [b[bones crackcking] ♪ (tetense music)c) ♪ onone aleve woworks all dady so i c can keep woworking my magic.. just onene aleve. 12 hoursrs of unininterrupted pain r relief. aleve. who do youou take it f for? we were blown away. (chuckleles) legacy i is really, , reallg atat howard ununiversity so it't's really a a special momement to knowow that i had a fafamily membebero over a h hundred yeaears prior haveve walk thesese gro. wantnt more fromom your vitat? get more e with naturure's bou. i had a fafamily membebero from the f first-ever r tripe action s sleep supplplement.. to d daily digesestive suppop. to m more wellneness solutios evevery day. get more e with naturure's bou. i was ststuck. unresolveded d

allergrgic reactioions can occ.ace, moututh, tongue,e, oror trouble b breathing.. infectionsns that can n caue shshingles havave occurrede. dodon't stop s steroids unless tolold by your r doct. tellll your doctctor if u have a a parasiticic infecti. may y cause headadache, ininjection sisite reactioi, baback pain, and fatigue. ask your asthma specialist about a nunormal with nucala. >> margaret: carlee russell, the 25-year-old alabama woman who admits she faked her own the 25-year-old alabama woman with two misdemeanors, including false reporting to law enforcement. earlier this month, she disappeared for two days after calling 911 to report a toddler wandering along a highway, and then claimed she had been abducted. tonight, a massive recall on one of america's best-selling pickup trucks. details on the potential danger next. ♪ ♪ >> announcer: if you can't watch the "cbs evening news," you can listen. subscribe wherever you get your podcasts. takes over? etes (woman) what if all i do isn't enough? or what if i can

chest t pain, moututh or tonongue swelliling, problemsms urinatingng, visn changes, o or eye painin occ to hehelp. ask k your doctotor about brbr. depend k keeps you d drier than ever.r... soso you can s say yes to more e than ever.r. yes.s. yes.s. yes.s. no. depepend, the ononly thing strongnger than usus, is you. bebeautiful. y you see howow tht catchehes the hubc? stunning.. no. you surere you don't't want your familily in the famamily photosos? they helelped us savave money y when we bubundled, so.o. yeah. sasame differerence. okay. this o one's goingn ththe mantle.. >> james: now an important consumer alert. the fda has announced a recall of nearly 11,000 cases of trader joe's store-brand soup. health officials say insects have been found in 20-ounce packages of unexpected broccoli cheddar soup that were shipped to florida, texas, california, washington, illinois, pennsylvania, and connecticut. the u.s. women's national soccer team had fans on the edge of their seats at the world cup. that's next. ♪ ♪ >> announcer: this portion of the "cbs evening news" is sponsored by angi. connec

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and i can't ask when you think occ this occurred, if you believe we have crashed. kraft stated earlier, do we have the bodies of the pilots who piloted this craft? >> as i've stated publicly already in my news nation interview, biologics came with some of these recoveries. yeah. were they?me of th i guess, human or non-human biologics or non-human and thats was the assessment of people with direct knowledge on the program. i talked to you that are t currently still on the program. >> now, we did reach out to the department. of defense fortold u comment. they tell us there is no evidence thas thatt they have ay extraterrestrial materials in their possession. joining us nowh with more is te one of the leaders of this hearing. tennessee congressman tom burchettressma is with us.ee congressman is kinntg. so we had testimony today undern oath that non-human bodies have been recovered. >> a lodge, i guess, was the term that they were usedhas and that, in fact, that the u.s. has recovered technology. >> and i look at the witness list and we're talking about falking aba 18

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no end to the long on money, short on time now, pay chex did say yesterday that they're seeing a mod occoderation, and they are actually more concerned because rates up has meant that people aren't being as adventurous. >> it would be one thing if it was just adp this morning, but challenger layoffs get cut in half, lowest since october claims, what, two-week high. but it all directionally says the same thing >> right someone was trying to make a case that the mortgages being down 4% matters. no, that's ridiculous. it's just not enough homes it's not the rates it's just there are not enough homes to buy so, i mean, we got a nice, strong economy here. it's not what they want to see, but it's strong. i think it's a shame that it's strong for the big companies and not the small, medium-size but travel and leisure, we're going to be back to 2019, but we have to be well in excess of 2019, because we travel now, and we go places i mean, we're sedentary. by the way, the people who work from home on friday take three-day trips to iceland for all i know i mean, honestly i love people work from ho

for father to not know e rep uts of his daur, devastating mike sthad no inklinhe sea cnge abou to occeed from a missing person investigation into homicide >> a phone call from another state transforms the case. >> and he's concerned that h had some information on this what may have happened to sara i was shocked. >> when dateline continues >> it was a frigid two months on the jersey shore. organized searches for sarah stern dwindled as the temperature dropped and gradually the story faded from the new cycle. a 19 year aspiring artist who vanished into thin air. and the authorities were baffled. >> you got to the point where you thought this was just going nowhere? >> we were at a standstill. we were at a dead end. >> with no activity on her social media or her phone, or her bank accounts, and no credible sighting of any sort, the chance that cyrus simply ran away seemed vanishing lee slim. >> the one thing that we knew and that was she likely didn't leave. >> so something bad happened to that girl? >> as we progressed, we began thinking that maybe that was a possibility, absolutely. >>

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exactly is going on in the examination process at the federal reserve bank especially but also the occtom: the thing i done understand is after what we all went through six months of no, five months of no, let's fix it. is there any thrust to bring back the original basel three and dodd-frank? >> basel three has long existed in the united states is part of the basel three banking supervision. u.s. always opines on these rules. there have been additional tightening recommendations over the basel committee and that's what people refer to as the endgame. the big banks are being allowed to use models to measure their credit risk. they have way too much flexibility to do that so there are some good things that barr is recommending. i'm concerned that we need to hear specifics about what will happen with improvement on the regional banks. those were the banks that again need to be designated as domestically systemically important as they were under dodd-frank title i. that part was revoked under the trump administration. we also need to hear specifically about supervision. how will the bank

ocean warn that the warmest year on record will likely occ served.manage. just drink a lot of fluid. that's all you could really do. and sure, we have sure felt it this week. the biden administration announced new steps to protect workers, improve weather forecasts, and make drinking water more accessible. extreme weather impacting much of the country is also expected to persist this weekend at zion national park in utah. workers there say the heat right now feels like an oven literally. we baked cookies on a car dashboard to prove it. we actually tried to show you the temperature on this thermometer , but it melted in the car and broke the thermometer melted. wow. park workers say in total, it took about three hours to fully bake the cookies. scientist have already ruled july as the earth's hottest on record, and they warn that an even warmer year will exceed 2023 temperatures likely in the next five years. children who spend too much time watching tv could be at greater risk of serious health problems when they grow up. researchers in new zealand f

sonali: the cfb bb, occ, they did not like what was happening there.accused bank of america of legal practices when it came to overcharging on fees and came to handling certain customers. tom: their powerpoint deck is different from the jp morgan power deck. it has morning hen acuity. what is brian moynihan's focus? sonali: the charts are better but i want the net interest income guidance. we're talking about the numbers earlier here, can they meet the pace of jp morgan's net interest income growth? it is very significant there when you look at the 25% increase in the first six mus of the year. can bank of america keep up? lisa: is this telling we see bank of america beat expectations, report robust net income income -- interest income , loans and live with expectations, the same time pnc, the king of the regionals, reports the opposite. is there a divergence important to dry here between these two releases? sonali: it certainly is. to what extent is money moving away from midsize into the bigger ones. even among the bigger ones, what kind of business