the prudential is not the biggest issue at stake here. i know a lot of the media attention has been focused on us. but my concerns for the u.k. are much more significant than what may or may not happen to prudential. it's about job creation. it's about equality in this country. >> if the pru were to move to asia, its shareholders were protected, but there would be less money provided by insurers for investing in britain's economic future, which is why the pru still hopes brussels will back down. >> you've been watching "newsday" from the bbc. >> a reminder of the main news this hour. the british prime minister david cameron is in the united states for an official three-day visit. the situation in afghanistan is expected to dominate his talks with president obama on wednesday. mr. cameron became the first foreign leader to be welcomed on to the presidential plane air force one. lucky man. stay with us. headlines on the way next. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of n

although the prudential regulators transferred some personnel to the cfpb, some of these agencies have not eliminated fte positions, and they were not transferred. so rather than using this opportunity to ensure there's no duplication among the agencies, we have just added another bureaucracy to the equation. it is my hope that you and your team will be judicious in assessing the staffing needs going forward, and work with the prudential regulators to eliminate these divisions and positions. it does add an unnecessary and added burden, i think, to particularly the community banks as they are moving forward trying to unlock and create jobs and getlanding and small businesses going again. i do have questions like my colleague from texas on the nature of the appointment of mr. cordray as the director. i do believe it could lead to some legal challenges of the cfpb actions and create some more ambiguity. so i hope that this becomes more clarified. but i would like to thank you for appearing before the committee, and i look forward to your testimony. >> ranking member waters recognized for

. -- prudential. >> we know why we are here, to protect our forces when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe, the people of boeing are working together to support and protect all those who serve. that's why we're here. >> corporate funding is also provided by norfolk southern. additional funding is provided by the annenburg foundation and public broadcasting and contributions from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. koran-burning, random murder, in recent weeks, american forces stationed in afghanistan have been implicated in each of these acts. the army staff sergeant who has apparently confessed is back in the u.s. tonight, but the questions about his actions remain largely unanswered. u.s. officials, including defense secretary, who was in afghanistan this week, said the incident will not affect the american timetable there. >> in the discussions that i just completed with president karzai and also with the

prudential. >> corporate funding for "washington week" is provided by norfolk southern. additional funding for "washington week" is provided by the an nenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you.

prudential. >> corporate funding for "washington week" is provided by norfolk southern. additional funding for "washington week" is provided by the an nenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. >> tom: i'm tom hudson with a nightly business report news brief. a stock exchange that is not a household name tripped up trading in apple. electronic exchange "bats global" had several erroneous trades which were eventually cancelled. bats itself canceled the first day of trading of its own stock. the dow closed up almost 35, the nasdaq and the s&p both gained 4. meanwhile, bank of america announced a pilot program to keep about one thousand foreclosure victims in their homes. monday, we'll be at the u.s. supreme court where justices begin an historic debate over the president's health care reform act. for more financial news, tune in to "nightly business report" weeknights on this public television station.

prudential. >> we know why we're here -- to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> corporate funding is also provided by norfolk southern. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: let me give you an idea about how good a week this was for mitt romney. last week at this table we were talking about whether he might even survive the week, like his home state of michigan, whether he would lose that. republican leaders were debating whether their nominating convention was ghog going to be utter chaos. now republicans are debating whether romney's challengers should step aside to allow him to unify the party. don't think this thing is over yet.

. >> corporate funding is also provided by prudential financial, boeing. additional funding is provided by the annenburg, public broadcasting and contributions to public broadcasting stations from viewers like you. to public broadcasting stations from viewers like you. thank you. because you've queued for a few hours on behalf of the lady who owns this particular wood carving, who just happens to be your... - daughter-in-law. - ...daughter-in-law. so how long has your daughter-in-law been the proud owner of this rather lithe-looking lady? man: five years. she had actually inherited it from her mother, who had received it from an old lady whom she had known for several years. okay. well, the sculptor's name is on the back. let's just turn it because we can see it quite clearly. you got the initials "n.j." and "forrest"... - yes. - ...for norman john forrest. okay. now anybody might be forgiven looking at a figure like this, for assuming that it's a mam'selle. but in all truth, this is a scottish lassie because norman forrest was a native of this very same c

. >> and prudential has met forecasts in the 2 billion pounds. numbers are boosted by continued strength in asia which was the biggest contributors to the group's earnings. according to rumors set to move headquarters out of the uk. the ceo told cnbc it was an eu problem not the british ones. >> not because of anything london has done, it's because of things that are happening in brussels so let's put the debate back where it belongs. this year's ten years i think is a great environment to operate. we have london is the best for prudential to be located. >> and there are a pair of economic reports on the u.s. calendar today. february retail sales are out at 8:30 a.m. eastern forecast to arrive 1.1% and by 0.8%. we'll get business inventories, expe expected to rise half a percent. richard, i want to 0 get your take on some of the data we can expect to see here in the states. all eyes are on the fed meeting but some of these numbers could help things along as well as we see positive retail sales, positive consumer sentiment. what are your thoughts?

shares of prudential financial slipped alongside met life, falling $1.49 to $61.58 even though "pru" wasn't even subjected to a stress test. but investors think there's a good chance both insurers will be more closely monitored by the fed. there were also big moves in two major retail chains on earnings news, but that's where the similarity ends. shares of pacific sunwear fell a whopping 18% after the teen retailer posted a deep fourth quarter loss. it also issued a disappointing first quarter forecast. on the flip side: francesca's holdings. it operates a chain of boutiques selling apparel and accessories. the company's fourth quarter earnings surged 93%, and that prompted at least three brokerage firms to raise their price targets on the stock. ares rose more than 9%. and as we told you, gold prices fell sharply today, and that did hurt gold mining stocks. barrick gold, the world's largest gold producer, fell more than 4%; kinross gold tumbled more than 6%; and newmont mining slipped 1%. and finally tonight, a look at the biggest loser in the dow. disney shares lost over 1% after i

designate any non-bank financial company as systemic and by doing so, one, it was subject to the full prudential supervision authorities of the federal reserve, and would, could also subject it to the systemic resolution authorities of the fdic. if you think back to 2008, the first three companies that triggered the crisis were bear stearns, lehman brothers, and aig, two investment banks and an insurance company. so the importance of the new authority really speaks for itself. so these companies will now be required to develop and maintain and periodically submit resolution plans to regulators. the plans will detail the top tier legal entity in the enterprise, as well as any subsidiary that conducts core business lines or critical operations, would be resolved under the u.s. bankruptcy code. complimenting this joint rule-making between the fed and the fdic, the fdic also issued a final rule requiring any fdic insured depository institution with assets under $50 billion to develop, maintain and periodically submit plans outlining how the fdic would resolve it through the fdic's traditional resolu

. >> corporate funding is also provided by prudential financial, boeing. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to pbs stations from viewers like you. thank you.

>> my honorable friend is right to raise the case of prudential because it is an example we are ill thought out e.u. legislation is endangering a great british business should have its headquarters right here in the uk. so i do recognize the importance that we are working hard at the european level and with the potential to try and deal with it. i know we have the full question time airs live on c- span 2 every wednesday. next week it will air at 8:00 a.m. eastern due to the u.s. daylight savings time change. you can watch it at 9:00 p.m. on c-span and any time on c- span.org, or you can find video of past programs. tomorrow, mark zandi discusses the economic impact of steady unemployment rate and higher gas prices. and a discussion of an outreach efforts to business owners, then missy ryan looks at the u.s. embassy in baghdad. british prime minister david cameron fielded questions on foreign policy from members of the british liaison committee on tuesday. as focused on syria and iran. the prime minister's latest appearance focused on heightened violence in syria and growing concern about i

do you find it beneficial to meet with the other prudential regulators? you could just elaborate for a moment on this, please? >> yes. it has been beneficial. there are ten voting members. and we've been meeting on a reasonably frequent basis. as i mentioned earlier, virtually every principle is there at every meeting. so we really -- the leadership is really there to talk. it's had two other benefits. one is that we have extensive staff interaction. so there is staff interaction going on between meetings. that has been very useful. and in addition, there has always been a certain amount of interagency cooperation coordination, you know, and joint rules and so on. i think that has really picked up and improved and been helped by the fact that we're working together in this fsoc context. i think it's been helpful. >> is it fair to say you did not have a similar circumstance prior to dodd/frank, a similar meeting arrangement comparable to what fsoc provides? >> well not exactly. we did have the president's working group which involves some of the agencies.

he'd also a former executive from the prudential insurance company, a local city council member before the house of representatives. while in the house, he was known as an advocate as you heard just a moment ago for his constituents. the star ledger in new jersey saying he was a champion of education, and the de facto ambassador to africa. at the end of today's news conference, the president had this to say. >> i want to publicly express condolences to the family of donald payne. congressman from new jersey. a wonderful man, did great work both domestically and internationally. he was a friend o

." >>> this portion of "cbs this morning" sponsored by prudential.ring your challenges. >>> that's a shock. may or may not be live music city. nashville, tennessee. we associate healthy living with eating right, taking vitamins and getting exercise. but dr. david agus says there's no one size fits all approach to staying well. >> it's true. his new book is already a new york times best seller. hello dr. agus. good to see you again. >> hi gayle. >> really excited today because it's daylight saving time. i've said daylight savings time. i read today it's daylight saving time. it was so hard to get up this morning. you talk about the importance of sleep and you said it's not so much the regularity. you're saying that it is a regularity, not the less, but the regularity of sleep. >> your body wants to be regular. it strives for that. >> it ain't regular today, doctor. >> even though it's a daylight. >> yeah, yeah. >> it takes time to get back n a regular schedule. disease actually goes up in this country hf it. if you have your lunch today at noon and to

>> my honorable friend is right to raise the case of prudential because it is an example we are ill thought out e.u. legislation is endangering a great british business should have its headquarters right here in the uk. so i do recognize the importance that we are working hard at the european level and with the potential to try and deal with it. i know we have the full quite see of them watching prime minister questions. next week, a question sert o'clock a.m. eastern did to the samdaylight savings time. you can watch any time at cspan.org. >> david cameron fill the questions from foreign-policy for members of the bridgtish liason committee. the latest appearance comes at a time of heightened violence in syria with growing concern about iran acquiring a weapon. this is made up of the 33 chairman of the house of commons chairman committee. this is a tradition that began with tony blair. order, order. order, order.

." >>> this portion of "cbs this morning" sponsored by prudential.es for 135 years. prudential, bring your challenges. whatcha lookin' for hon? ah, these new jeans i want. i've been looking everywhere. new blue jeans? oh, don't be crazy, i've got tons of blue jeans. frank! frank! get my jean bin, susie wants my jeans. no she doesn't. here we go. nice and loose. ohhh. those are loose, but i actually just ordered three pairs of this kind. ooooohhhh. oh. when it's on your mind, it's on ebay. ♪ ♪ >>> in march of 1965, cbs news cameras rode along with schoolchildren in alabama during a legendary moment in the civil rights movement. >> on sunday, people gathered on selma's edmund pettus bridge for the anniversary of a brutal showdown there between the protesters and police. senior white house correspondent bill plante who covered the civil rights movement returned to selma yesterday. >> the remembrance of bloody sunday is a celebration now. but 47 years ago, the violence of that day shocked the nation. >> you are ordered to disperse. >> the tiny alabama to

. >> caller: i bought prudential financial in late 2001. now, with the frequent acquisitio acquisitions should i continue? >> let's focus on the american pro which is not to do the aia. if rates go higher, the stock is going to go to 80. do not give up if you haven't gotten into this market yet. you're going to get your chance and i will help you. hey, i'm going to help you tonight with two stocks that i think not only is it not late to buy, but it is right to buy. "mad money" will be right back. >> narrator: coming up, grand equity. jardon has soared 30% so far this year. can it continue to serve up profits? cramer is talking to the ceo just ahead. >> narrator: and lincoln. >> narrator: and lincoln. fully covered? insurance giant aig was at the epicenter of the financial crisis taking billions to stay afloat. so with the dark days of 2008 behind them, are brighter days ahead? cramer's exclusive with aig ceo is just ahead. all coming up on "mad money." [ artis brown ] america is facing some tough challenges right now. two of the most import

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." >>> this portion of "cbs this morning" sponsored by prudential. 135 years. prudential, bring your challenges. ,,,,,,,,,, ♪ ♪ >>> in march of 1965, cbs news cameras rode along with schoolchildren in alabama during a legendary moment in the civil rights movement. >> on sunday, people gathered on selma's edmund pettus bridge for the anniversary of a brutal showdown there between the protesters and police. senior white house correspondent bill plante who covered the civil rights movement returned to selma yesterday. >> the remembrance of bloody sunday is a celebration now. but 47 years ago, the violence of that day shocked the nation. >> you are ordered to disperse. >> the tiny alabama town of selma was the focus of a voting rights campaign and it met with great local hostility. on a sunday in march 1965 it exploded into state sanctioned violence but protesters tried to march from selma to the state capital of montgomery. john lewis was 22. a follower of dr. martin luther king. lewis was one of the two leaders of the martha fateful sunday. he was beat

article in "the new york times" today that talks about the obama sort of digital operation at 1 prudential plaza, where they have an analytics department. oh, there it is. i'll just read from there. read along with me. there will be a bouncing ball over each word. "analytics department for voter trends, a chief scientist for consumer behavior, and strategists are sifting through facebook and voter logs." like, i imagine the back computer is spitting out, sort of like information on whether, you know, people are having ham sandwiches for lunch or turkey. the obama -- we talk about a sophisticated campaign infrastructure, that says it all, right? and casey, i would love for you to weigh in on this. the romney campaign has -- they pride themselves on being lean. they only have 100 full-time staff. they do have a relatively robust grassroots operation. their headquarters are in boston, but you know, president obama, the january payroll alone would $3 million. there are 300 workers just in chicago. >> sure. keep in mind, too, right now, the romney organization is focused on this primary race. t

prudential real estate releasing a new survey. ago. good to see you, earl. >> good morning. >> we all wonder about whether americans' views on home ownership have changed. 95% is a good number. >> absolutely. if we go back, the last couple of years, clearly a lot of information out there that maybe the american dream of home ownership might have been destr destroyed. i think the survey proves that is not true. >> the question is, whether or not they could get a house to appreciate over i'm, whether or not it's a good investment. 63%, despite the market volatility. that's up 11 points from last year. >> absolutely. i think, unfortunately, home consumers are affected by the economic news. as the economy gets better, people are more confident about the job prospects, they look to have more perm nancy in their lives. they look at the housing market. i travel around, i'm hearing from the affiliates that the business sup. there's a lot more activity in their offices. we're going back to multiple offers in some offices. >> case shiler do

counting democratic chairman, executive of the prudential insurance company, vice president of urban brder systems and educator for new york public school districts, a former national president of the ymca, chairman of the world refugee and rehabilitation committee. it goes on and on and on. and he brought with him to congress the same attitude, the same commitment to service. and since his service in congress, of course, he left us as chair of th congressional black caucus foundation. he served as the chair of the congressional black caucus. immediately to my being elected to this congressional black caucus, and i learned a lot from his service about how to chair the congressional black caucus. don payne was known for several things, but certainly known and respected for his commitment to education, closing the achievement gap, making sure that we expand opportunities for the least of these with pell grants, making sure that he reduced the interest rates on loans, stanford loans, for example. he was known because he understood that as a public policymaker he could influse education

>> my honorable friend is right to raise the case of prudential because it is an example we are ill thought out e.u. legislation is endangering a great british business should have its headquarters right here in the uk. so i do recognize the importance that we are working hard at the european level and with the potential to try and deal with it. i know we have the full support of mr. johnson in doing a. >> order. we come now to the main business, and the debate on the address to her majesty in relation to the diamond jubilee. i call the prime minister. [shouting] >> here on c-span2 we will leave the british house of commons now as they move onto other legislative business. you have been watching prime minister's question time aired live wednesdays at 7 a.m. eastern apartment is in session. you can see this weeks question time and again sunday night at nine eastern and pacific on c-span. for more information go to c-span.org, click on c-span series for prime minister's questions, plus links to international news media and legislatures around the world. you can watch recent video including pr

the enhanced prudential supervision provisions are great and what i talked about last night was thiscial institutions file with supervisors so-called living wills, these plans for how they would be unwound in an orderly way -- >> you said some other stuff. >> there are some other things that are sort of extraneous and you could argue whether they were really productive or not. >> let's talk about your plan. eliminate 13-3. no emergency powers for the fed, change the bankruptcy code to handle too big to fail through the bankruptcy code and it floored me, allow money markets to halt redemptions. >> if you go and get your money out today, you can stick other money market mutual fund shareholders were losses that that fund has realized if they wait till tomorrow. that just everybody an incentive to head to the exits to stick someone else with the loss. money market funds aren't allowed to protect themselves against that without totally liquidating their fund. that's just an artificial regulatory induced fragility. >> becky quick has a question. becky? >> thank you very much, steve. presi