i think ofr, hopefully, is starting to get going in a more meaningful way. and i think it can be an important adjunct to the work of the agencies with regard to data collection and analysis. but i think it's working pretty well, and i think one of the real side benefits of fsoc has been this -- enabled us to develop much stronger bilateral relations within fsoc as well and dodd/frank has done that because of the necessity to write joint rules. >> shairm gensler. >> having witnessed what was its predecess predecessor, the president's working group in the '90s, being honored to serve then, and in this administration, i think it's a real enhancement. it's more formal and so with formality sometimes there's not as much flexibility. but i think it's a big enhancement. it hasn't been tested in two ways yet. it hasn't really been tested in a real crisis yet. so that's yet to happen. but i think it's -- it will serve better than just the old presidents working group. and it hasn't truly been tested, as you say, when two agencies have a knockout, dragdown disagreemen

i think ofr is hopefully starting to get going in a more meaningful way. i think it can be important to the work of the individual agencies with respect tod data collection and analysis. one of the side benefits has been this enabled us to develop much stronger bilateral relationships as well, and dodd-frank has done that because of the necessity joint rules. >> i would say having witnessed the predecessor, both in the '90s, being able to serve then, and in this administration it's a real enhancement. it's more formal. with the formality sometimes there's not as much flexible. it's a big enhancement. it hasn't been tested in two ways yet. it really hasn't been tested in a real crisis again. so that's yet to happen. but it will serve better. and it hasn't truly been tested when they have a knock down, drag out disagreement. it's been helpful to smooth through smaller differences, and i think it's been positive in that way. >> my hope would be that the ofr would be that kind of, at least the data analysis, my concern is is you'll get data from different agen

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the ofr, the council and a number of agencies are welcome to any comments. >> is there a formal process for conducting the due diligence for asset managers? any -- >> any asset management firm or other sbi think that wants to meet with the council staff is welcome to contact any agency. and we will try to set up meetings for that firm. zbr i'm concerned with, is if the fsoc evaluated the substitutability. they're investing on behalf of clients. that doesn't mean that the portfolio is immediately liquida liquidated. i hope they're looking at that and there would certainly be adverse effects and i wish they would consider that. i'm hearing it's not been a tra transparent process. i'm hearing they're working in a black box, so to speak. when a nonbank entity is put into designated stage three, it seems there's no explanation why. can you elaborate on that? >> if any firm makes it to stage three, that firm will be provided a notification that it is in stage three. that begins the process of having discussion with the firm. the firm has the opportunity to provide comments, arguments, and dat

we are concerned that the administration is slow on getting the ofr nominee. they have one to get passed, but i would like you to weigh in on the ability -- to be that adjudicating body where issues rise up, and has that beeneither one. >> i think fsoc has been a good forum to share concerns and ideas and differences as they of rise and have a discussion and hear the views of other people regulating different types of institutions, all connected with financial markets. we are working on our next annual report that we will try to lay out the systemic risk economy. every agency contributes to that, and those issues become a very lively discussion on how to approach particular problems. i think ofr is hopefully starting to get going in a more meaningful way, and it can be an important adjunct to the work of the individual agencies with respect to data collection and analysis. i think it is working pretty well, and one of the side benefits of fsoc has enabled us to form relationships. >> thank you. chairman? >> i would say having witnessed what was its predecessor

part ofre arrested as an undercover operation. they are each being held on $1.5 million bond. more on this at 11:00. >> we're following breaking news county with new shooting at the rockville metro station. with the latest. >> two arrests in the case. hours after the shooting at the rockville metro police say there was a response from montgomery county police, a rockville metro police within the first shots being fired. one man was arrested eight minutes after the initial shooting. charged with first- conspiracy toand degree murder along charges.r around 5:30 last night, a 17- was charged with the same charges. teenagers have been charged adults because of the seriousness of the incident. it is still unclear who fired weapon recovered from a trash bin after the incident. the to the victims have non- life-threatening injuries. -- the two depends have non- life-threatening injuries. they were taken to a nearby hospital. one man was believed to be the target. the victim was a female appear to be the -- the other was a female who did not involved in the dispute. this was not a str

putting more money in the hands of the people by shrinking government and those people can be either rich ofr middle class. as long as they have their money, the markets will take care of inequality. they are both, in effect, arguing for redressing as to how do you that. we live in a different time and the country was most certainly center left as opposed to being center right as a moment of 1912 into a period of economics and republican and you end up with the new deal. so whatever blip on the screen of center left politics and addressing questions of inequality, you've got only a really small window that produces the great depression and we basically build an infrastructure a infrastructure and insurance institutionalize that gave voice and a fuel to the emergence of the new right. they are still fighting against the impact of fdr's policy. "the wall street journal" just had an opp ed a couple of days ago talking about president obama handling franklin theodore roosevelt and the stakes are much different today because there's a much more compelling populist attraction to the supply side of

the ofr has begun the process of talking with people in the asset management industry and will continue to do so. the council and the member agencies are welcoming any comments -- >> is there a formal process for conducting the due diligence for asset managers? >> any asset manager firm or any entity that wants to meet with the council, staff about the designation process is welcome to contact any agency and we will try to set up meetings for that firm. >> what i'm concerned with is the fsoc evaluating asset manager. they are investing on behalf of clients. when a client changes an asset manager that doesn't mean the portfolio is immediately liquidated. i hope the fsoc is looking at that and there would be adverse effects. i would hope they certainly consider that. following up before we heard a little bit about the transparency. i have been hearing and correct me if i'm wrong. i have been hearing that it is not a transparent process. i'm hearing that the fsoc is almost working in a black box so to speak. i want to know -- let's take an example to make it easy. when a nonbank entity is

we are concerned that the administration is slow on getting the ofr nominee. they have one to get passed, but i would like you to weigh in on the ability -- to be that adjudicating body were issues rise up, and has at an effective or not? either one. >> i think f-sock has been a good form to share concerns and ideas and differences as they of rise and have a discussion and hear the views of other people from their unique perspectives, regulating different types of institutions, all connected with an >> financial markets. we are working on our next annual report that we will try to lay out the systemic risk issues we see facing the economy. every agency contributes to that, and those issues become very lively discussion for how to approach particular problems. i think ofr is hopefully starting to get going in a more meaningful way, and it can be an important adjunct to the work of the individual agencies with respect to data collection and analysis. i think it is working pretty well and one of the side benefits off-sock has enabled us to relationships. >> i wou

ve ofre he, nnco7,d teto 237,101101cod ecto u tyondou23nehe you around thetoot bmt parf o the bay. if you want to go north, you have the san mateo bridge. live here on a very nice friday late morning on the span of the dumbarton bridge, bob redell, nbc bay area. >> be safe out there. thanks, bob. >>> history in the heavens this morning. the first ever commercial spacecraft docking with the international space station. >> capture is confirmed. >> houston, looks like we got us a dragon by the tail. we're thinking this went really well. ready to turn it around, do it for real. >> with a sense of humor. the dragon capsule snagged by the robotic arm of the iss under the direction of a nasa astronaut don petit. it is from space exploration technologie technologies. this is a first for private space transport. nasa hopes with the end of the shuttle program, private enterprise will step in to provide access to the space station. >>> scott mcgrew says the historic space docking has lots of high tech millionaires jealous. >> good morning. there's something about high tech money in rockets. m

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he has replaced a lot ofrs are community, and it will pay profits for him, and he does need the money right now, because nobody on either side is going to say that the president is the first incumbent president to be outspent in the election, and that is a significant problem. >> and that is your estimate? >> not just outspent, but outspent by a significant amount. >> and now, this week in the "wall street journal," norman leer on the president. he came out on in support of marriage equality. he didn't have to do it, but he did it. it's not what the country needs, but it is about what the country will pay for. >> and now let me stick it there, when they invest in a republican candidate, they rin vesting in the business, and they want better tax rate and regulation and damn it in a perverted way they should get a tax write-off, because what they are doing is for the money, and you are doing it for cultural reason, because you share the values with the president, and the gay people and especially gay people are concerned that they get a value out of this in an interest of the rights but

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we are concerned that the administration is slow on getting the ofr nominee. they have one to get passed, but i would like you to weigh in on the ability -- to be that adjudicating body where issues rise up, and has that been effective or not? either one. >> i think fsoc has been a good forum to share concerns and ideas and differences as they of rise and have a discussion and hear the views of other people from their unique perspectives, regulating different types of institutions, all connected with financial markets. we are working on our next annual report that we will try to lay out the systemic risk issues we see facing the economy. every agency contributes to that, and those issues become a very lively discussion on how to approach particular problems. i think ofr is hopefully starting to get going in a more meaningful way, and it can be an important adjunct to the work of the individual agencies with respect to data collection and analysis. i think it is working pretty well, and one of the side benefits of fsoc has enabled us to form relationships. >> i

ofre not seeing much in ways delays. that is the latest on traffic pulse 11. >> good morning. a rather unpleasant start for some of us. light to moderate rain around all the major roadways -- beltway, 97. the heaviest rain is in northern carroll county. north of southern pennsylvania, you guys will have some trouble for the next 45 minutes. off and on rain showers and maybe some of thunderstorms. the heaviest rain will be early this morning. cloudy with a high near 75. the seven-day forecast is coming up in just a few minutes. here is keith mills. >> thank you. good morning. the orioles and yankees wrapped up their series tonight. the orioles let one get away. 8-5, yankees win. this home run from curtis granderson onto eutaw street. 3-2 yankees. the orioles come back in the fifth. this is a rookie. he doubles to lead off the game. this is a triple. the orioles are back in it. this is j.j. hardy. the orioles have a lead. the orioles not able to hold it. mark teixeira, two-run home run. the orioles had a key error. >> we play the best players of the world every night. they are a

because only a more civil and honest public discourse can help us face up to the channels o challenges ofrandrea: "contract killers" is an agraceive term but it's a lie. are we done with civility now? >> eric: be careful. first, david axelrod being a senior advisor is different than one of us, pundit saying something. it puts him in a different league. this should be -- president obama should tell him he should go out -- >> andrea: should koch brothers sue? >> eric: the koch brothers are private citizens. that he can donate to whom over or whatever they want to donate to. a moment of heightened rhetoric. >> dana: premeditated or panic. when president obama is giving the speech he talks about positive discourse. that was a conference call he didn't think would become public. anything you say at any time can and will be used against you at some point. if it was panic, regrettable. if it's premeditated that's reprehensible. one of the press secretaries on the obama team called on romney to call out extreme members of the republican party. what about the extremists within president obama's inn

i think ofr is starting to get going in a meaningful way. i think it is working pretty well, and i think one of the benefits has been this has enabled us to develop much stronger relationships as well. having witnessed the predecessor >> in the 1990's in this administration, i think it's a real enhancement. it is more formal, and sometimes there is not as much flexibility, but i think it is a big enhancement. it has not been tested in two ways yet. that has yet to happen. i think it will serve better than the old working group. a has not truly been tested when agencies have a knock-down, drag-out investigation. i think it has been positive in that way. take my hope would be that the data analysis, because my concern is you will get data from different agencies that may be completely counter to each other. you have to have a trusted independent entity. i know my time is about up here to let me ask one last question. not directly related to the j.p. morgan issue, but one of the challenges we got on the international implementation is when we h

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have an in-depth report and d now here is an the morning commute. 66 has massive tie up to with out ofrsg manassas andnto centreville. accident at the manassas and another one at 29/centreville. we had a multicar crash on 234 prior to 66 and that will cost you extra time. beautiful trip in springfield north and south. 270 as a normal back about 109 n clarksburg out of germantown. look at the cloud cover. of can see just clouds out the district and may be a sprinkle in frederick county. that is pushing eastward through downtown frederick. 59 degrees in the district. on our way to 71 degrees of tomorrow chance wednesday. bewe will >>> these are such unbelievable photos, snapped by a husband, just as those cheetahs attacked his wife at game reserve. the couple was told the big cats were tame and playful. what went wrong? and why did her husband keep taking the pictures? >> i cannot wait to find out. >>> maks and melissa, they're hanging in there. we're headed behind the scenes. they're there with melissa rycroft. >>> get ready for one they'll-biling morning. we're kick off our world records

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, entonces, este regalo puede ser más costoso que los anteriores, métase por internet para ver qué ofreí, al regresar, a mover el esqueleto y más con el reggaeton de lujo de nuestro invitado especial jay alvarez, cómo le vas a poner al niño? [ ♪ ]. >>> atención, amigos y amigas de la vecindad, participen a nuestro concurso >>> vÏstete de tu personaje favorito y belo a univisión.com >>>uedes hacer >>> pdes ganar premios buenos del chavo, ¡miren! [ ♪ ]. >>> miren, yo les dig una cosa, si usted no nos ha mandado su video con alguno de estos personajes que tanto le gustan, háganlo ya >>> yo les quiero felicit w por qué? >>> para el disfraz además doña florinda >>>ómo le hace? >>> ay, yo hago mejor a quico >>> ¿te digo una cosa? de verdad >>> pero si me acabo. >>> s voy a contar otro chiste llega un político que lo agarra la policía y dice, a ver, usted está acusado de corrupción? y dice, no, espéreme, espérem, yo soy diputado >>> oh, my god, señoras y señores, seguimos enespierta américa. >>> de río piedra, puerto rico. >>> y ticiste un crossov diferente, porque tú empezaste por centro y su

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reflexionar >> yo te voy a ayudar aquÍ mismo en este cofre de oracÓn el dÍa de las madres el domingo en este ofre! >> bienvenidos! >> (gritos) >> ay! >> casa llena! >> el hombre mÁs buscado por el revoltillo >> eÁ con nosotros en la maÑana de hoy >> pasiÓn en, pasen >> hola, hola, hola >> ay! gracias >> (han juntos) >> univiÓn deportes en la casa >> wow!! >> y merecen muchos aplausos >> por favor >> ¿Énten siÉntense >> mÁs que felicitarlos yo vine a buscar a maitÉ no estÁ por aquÍ >> no nos dejesal a los mexicanos >> ay! >> ver si me acepta la invitaciÓn >> ¿cuÁndo la vas a llevar a desayunar? >> no, a desayunar no pero a mer >> ah! >> el tiempo corre, el tiempo vuela veremosaber quÉ estÁn haciendo con nosotros aquÍ ¿todo esto para nosotros? >> ay! mira, mira, mira >> (hablanunts) >> venimos a felicitarlo son 15 aÑos, eso no se dice fÁcil >> 15 aÑos de un "despierta amÉrica" felicidades a todos de verdad porque ha sido un programa muy exitoso >> ay! gracias >> y los vemos todas las maÑanas >> ! gracias >> y bueno sÚper orgullosos de tenerlos acÁ en unisiÓn deportes >> quÉ bÁrbaro, quÉ ri ¿cÓmo lo

hoy en "despierta amÉrica" : >>> la naturaleza ofre un vaado menÚ climÁtico en este memorial day, granizomucho calor afectan a miles de ectados. ademÁs miami conmocionada por la caso de un hombre que desde figurÓ a otro al devorarle a ot el rostro amor disco. >>> fuimos ntos a entrevistar a jennifer lÓpez y marc anthy en las vegas >>> despuÉs de los premios tv y novelas, tendremos a los mejores y peores vestidos de la noche >>> tremenda sorpresa el cantante alejandro sanz se casÓ con la madre sud hideu hijo meno se pierdan los detalles >>> ay! mi querida carla desde mÉxico, chiqui entra en un refugio, para el amor. >>> ay!. y bienvenidos a "despierta amÉrica" " sta es la mejor manera de comenzar sus maÑanas. >>> sus maÑanas. ( ♪ mÚsica ♪ ) desde pooe "despierta amÉri" ♪ >>> muchachos: despierten esto es el colmo, ¿quÉ lespasa?. despierten bnos dÍas. >>> satcha quÉ manera de despertar >>> es cierto que es feriado para muchos en el paÍs, pero no para ustedes >>> estoy cÓmodo con la almohada >>> por favor muchachos nos espera amÉrica no la vecina, amÉrica la naciÓn entera. >>> todos arriba d

nothing is of greater illustration of this than the response to an amendment that i ofred in the budget committee. monday when we were dealing with this i offered up to my colleagues instead of throwing -- eliminating food stamp benefits for two million people, for cutting benefits for 20 months, reducing benefits for 44 million people in total, school lunches for 280,000 children. i said, wait a minute, why don't we work together on something that we agree on? i had worked with the chairman of the budget committee in the past to try and reform agriculture subsidies. we got a reconciliation from the ag committee that takes it all out of nutrition for poor people. for children, for struggling families. i said why don't we go to where we agree -- crop insurance wastes billions, direct payments go to farmers who don't need them and don't deserve them. we have an opportunity to put reasonable limits on the amount that goes to the wealthiest business interests. we worked on that together. a majority of the budget committee i'm sure agrees and it would pass on the floor. and we could mt this

[laughter] [applause] so, fo ofr view devotees of friedman here tonight, remember that milton friedman went to rutgers, the state university of new jersey. [applause] he went to the your birth the chicago to, but i do not think there is any question that his genius was truly developed and nurtured on the banks of the american river. -- in new brunswick, new jersey at rutgers university. we are coming together to night at the close of a weaker that will always have a place in our country's history going forward. it will be remembered as the date that america finally caught and killed osama bin laden. [applause] i hope that in the future it will be a moment where we can come together as a country thankful for seal team 6 and the continued sacrifice of our soldiers. [applause] it is a day, i think, that will strengthen our resolve -- a day to renew our commitment to battling terrorism. i spent seven years of my life committed to that cause. i was the first united states attorney in new jersey in the post-september 11 era. i was informed by the white house i would be nominated by the presi

the variety of lettuce in each package eliminates the need to buy a lot of different heads ofr customized blends. also, the petite size and shapof each artisan lettuce head lets folks preparation as well as flexibility in sizes and cuts. in fact, the lettuce only needs two cuts, a quick rinse in the sink, and a crisping in the fridge, and you're all ready to plate. ok, julie, we're at the last--my favorite step--the eating process. we've cut, we've rinsed, we've crisped. now what do we do with the lettuce? >> basically you plate it, get ready to plate it up. you put some oil and vinegar salad dressing with a little salt and pepper in it, and just toss it 'cause you don't want to cover it up with too much of a heavy thing. >> tasty. but if you'd rather let a professional plate you up a salad of artisan lettuce, then head on over to the fish hopper staurant on cannery row. from any table in the restaurant, you'll have a breathtaking view of monterey bay. here there's a long list of entrees, with most of the menu understandably being devoted to seafood. but executive chef mo tabib believes n