chairman or a republican fed chairman. i am a nonpartisan person. i am not going to vote and i am going to stay out of politics. gary: this is related to the debates. donald trump said that he thinks janet yellen is keeping interest rates low because there is some sort of political agenda associated with the administration and the election next year. you would say what? ben: i would say that i attended many meetings of the federal open market committee, the committee that makes monetary policy decisions, and there was literally no discussion whatsoever of elections, politics, campaigns. the fed, and this is one of the benefits of having an independent central bank, the fed makes those decisions based best that it can do for the u.s. economy. gary: it is important that we get that out there. unfortunatel this has become such a crazy political season, people can say anything and it just gets out there. anthony: there is some discussion about the fed politics -- policies and exacerbating the income divide. really true. first of all, the fed is using th

faith-based groups who lead efforts to resettle refugees, and evangelicals are a key demographic in republican fed for political reasons. >> reporter: linda hartke is the ceo of the lutheran immigration and refugee service. >> i again certainly think those who imagine and would say we should just suend the val of any syrians into this country or any muslims into this country is really over the top. >> reporter: but a recent survey from the public religion research institute showed 73% of white evangelical protestants feel that the values of islam are at odds with american values. a sentiment about muslims sh by this self-described christian at today's trump rally. >> i have to stop and think about our home country because they have been so vocal to s they want to be the sole people on this earth and it's their way or no way really. >> reporter: that survey was conducted before the paris attacks, but it helps explain why republican presidential hopefuls are taking a harder line n the refugee issue. we also know that several religious organizations the last week. julianna goldman, cbs news, >>> sena

. >> no doubt we'll see more about the fed in this tuesday's republican presidentialle debate. watch it on fox business network. this is the only business network for all of america. we'll see you there. coming up here, the "cashin' in" gang ready to roll at the bottom of the hour. eric, what do you got? >> if you don't agree you don't deserve your job. some on the far left want don lemon and "the view" co-host raven simone fired over what they said about this controversial video. is this out of control? and a jobs plan you may not like. why it's easier for ex-cons to get government work. see you at 11:30. >> next on forbes, critics have been warning us about china cheating on climate change for a while. forbes has the proof next. >>> china is cooking the books on coal. they are under reporting how much coal they use by 17%. the news as the u.s. gets ready for the climate change summit mitt at the end of the month. is it time to stop making phony deals on climate change? >> it is. china is joining other nations saying essentially we will not sign a climate change deal unless am

. >> no doubt we'll see more about the fed in this tuesday's republican presidentialle debate. watch it on fox business network. this is the only business network for all of america. we'll see you there. coming up here, the "cashin' in" gang ready to roll at the bottom of the hour. eric, what do you got? >> if you don't agree you don't deserve your job. some on the far left want don lemon and "the view" co-host raven simone fired over what they said about this controversial video. is this out of control? and a jobs plan you may not like. why it's easier for ex-cons to get government work. see you at 11:30. >> next on forbes, critics have been warning us about china cheating on climate change for a while. forbes has the proof next. the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everyt

. >> no doubt we'll see more about the fed in this tuesday's republican presidentialle debate. watch it on fox business network. this is the only business network for all of america. we'll see you there. coming up here, the "cashin' in" gang ready to roll at the bottom of the hour. eric, what do you got? >> if you don't agree you don't deserve your job. some on the far left want don lemon and "the view" co-host raven simone fired over what they said about this controversial video. is this out of control? and a jobs plan you may not like. why it's easier for ex-cons to get government work. see you at 11:30. >> next on forbes, critics have been warning us about china cheating on climate change for a while. forbes has the proof next. why is philips sonicare the most loved electric toothbrush brand by americans and their dentists? because it leaves your mouth with a level of clean like you've never felt before. get healthier gums in 2 weeks innovation and you. philips sonicare the has unlimited access is thatto information,tion no matter where they are. the microsoft cloud gives ou

republican primaries. >> there is panic that's being fed for political reasons. >> reporter: linda hartke is the c.e.o.the lutheran immigration and refugee service. >> i, again, certainly think those who imagine and would say we should summed the arrival of any syrians into this country or any muslims into this country is really over the top. >> reporter: but a recent survey from the public religion research institute showed 73% of white evangelical protestants feel that the value of islam are at odds with american values. a sentiment about muslims shared by this self-described christian at today's trump rally. >> i have to stop and think about our home country because they have been so vocal to say they want to be the sole people on this earth, and it's their way or no way, really. >> reporter: that survey was conducted before the paris attacks but it helps explain why republican presidential hopefuls are taking a harder line on the refugee issue. jim, we also know that several religious organizations resettling refugees around the country have been threatened in the last week. >> axelrod: julianna go

republican primaries. >> there is panic being fed for political reasons. i again, certainly, i think those who imagine it would say we should suspend the arrival of any syrians into this country or any muslim into this country is really over the top. >> reporter: but a recent survey from the public religion research institute showed 73% of white evangelical protestants say islam is at odd with american values. now, this week, a bill that would make it all but impossible for syrian refugees to resettle in the u.s. sailed through the republican led house. @ obama has promised a veto. >>> it is game over for colin kaepernick at least for this season. the team announced he is out for the rest of the year and quite possibly done with the 49ers. kaepernick has opted to have season ending surgery on his left shoulder. he injured it in week four against the green bay packers. he will need at least four month to recover. the team has until april to decide whether to trade him, release him, or keep him on next season. the 49ers drafted him in 2011. he took over for

fed chair janet yellen strongly opposes republican sponsored legislation to increase oversight over theederal reserve. yellen called the proposal, quote, significantly flawed and a grave mistake detrimental to the economy. the legislation would require the fed to use a mathematical formula to determine interest rates and place restrictions on the fed's ability to make emergency loans. the house could vote on the matter this week. >>> a late afternoon slump wiped out early gains here on wall street and stocks finished just about where they started. the dow jones industrial gained 6, the s&p lost 2 and the nasdaq finished 1 point higher. >>> criminal charges against a company for intentionally mislabeling its products. six executives of dallas based usp labs were also charged. previously the company had been ordered to a recall dietary supplement pill known as oxy elite pro because of its links to liver damage. they say usp falsified labeling and marketing materials and sold products regardless of the safety risks. >>> big changes to american airlines frequent flyer program. beginning in

. >> promoting the release of his new book, republican presidential candidate donald trump accusing the fed of not raising rates for political reasons. >> they are not raising them because obama has asked them not to raise them. in my opinion, he wants to get out of office because we are in a bubble and when those rates are raised a lot of bad things are going to happen or potentially going to happen and in my opinion janet yellen is highly political and she is not raising rates for a very specific reason because obama told her not to because he wants to be out playing golf in a year from now and he wants to be doing other things and doesn't want to see a big bubble burst during his administration. let's go straight to washington d.c. tracie potts joins us now. this has been a hot button contentious republican political issue. not only donald trump. we have heard this from rand paul and ted cruz. >> right. their argument is that the fed is artificially keeping these rates low when given the economy and the growth that we've seen it would make more sense at this point to raise rates. of cour

fed should be audited. they should stop playing politics with our money supply. >> destroying the value of the currency. trish: republicantes slamming the central bank. fearing that the fed may actually cut rates in december. certainly weighing on markets all week. down 158 right now. the first weekly decline in nearly two months. ashley webster joining me right now. there is a little -- this may actually be it. >> starting to feel like the august and september feeling. having a rate hike in december. guess what, that is next month. the question is, we all thought that that is a good thing. the economy is growing. we will not build this asset bubble. things are moving along. the economic recovery is moving along. where is the money? where is this money going? they have not been investing in people and factories and machinery. we know what the global economy is doing. that, too, is faltering. why should we think that they will get it right? i think that it is on the books for next month. >> i do not think that they will do it. they have fooled me too many times on this one. [laughter] >> given china. if in the internation

federal official responding to some criticism from republican presidential candidates in today's fox business/"wall street journal" debate about the fed's power and independence. rand paul claiming that the central bank played a role of growing problem of income inequality. >> by artificially keeping interest rates below the market rate, average ordinary citizens have a tough time earning interest and making money. they're talking about negative interest. cheryl: but st. louis fed president james bullard defending how the central bank has performed. >> i appreciate the candidates interest in the fed. we have certain way of thinking what a zero interest rate policy would do and i think, after seven years you have to start to rethink a little bit what your traditional model is saying and what the empirical evidence is saying. that is why i presented it this way. cheryl: bullard speaking at a conference in washington, d.c. repeated his call for the fed to raise interest rates at next month's meeting. >> let's get you caught up on the global market action overnight. looking at asia, you see all down arrows. shanghai down 1.5%. kospi down 1%

republican primaries. >> there is panic that is being fed for political reasons. julianna: linda hartke is the ceo of the lutheran immigration and refugee service. >> i certainly think those who imagine we should suspend the arrival of any syrians into this country or any muslim into this country is really over the top, completely over the top. julianna: but a recent survey from the public religion research institute showed 73% of white evangelical protestants feel that the values of islam are at odds with american values, a sentiment about muslims shared by this self-described christian at today's trump rally. >> i have to stop and think about our home country because they have been so vocal to say they want to be the sole people on this earth and it's their way or no way really. alyx: that was julianna goldman reporting. that survey they were discussing was conducted before the paris terror attacks. but, it helps explain why gop presidential hopefuls are taking a harder line on the refugee issue. the republican party of iowa has cancelled a diversity event. the

fed rethinking on conventionalmont -- >> cheryl: ben carson weighing in on the student protests at the university of missouri. republicang infantile behavior. >> when we get to a point where a majority can say, i don't like what you're doing, that's offensive, and therefore i have a right to be violent towards you or deprive you of rights because i don't like what you're doing, you know, that goes against the grain of our constitutional rights, and if we don't see that, we are in really big trouble right now. >> cheryl: carson saying that people should be having a dialogue instead of demonizing each other. >> nicole: thousands of fighters have con verged on the town in an effort to choke off supply to the militants. isis claims it is establishing across the region. coalition war plane hit thousands of islamic state positions to prepare for the assault. >> cheryl: new development in the deadly russian crash of egypt, uncovered intelligence about a two-hour timer. source familiar told fox news says it is not clear whether it came from intercepted communications between known terrorists or physical evidence. a second sourc

republican primaries. >> there is panic that's being fed for political reasons. >> reporter: linda hartke is the ceo of the lutheran immigration and refugee service. >> i again certainly think those who imagine and would say we should just suspend the arrival of any syrians into this country or any muslims into this country is really over the top. >> reporter: but a recent survey from the public religion research institute showed 73% of white evangelical protestants feel that the values of islam are at odds with american values. a sentiment about muslims shared by this self-described christian at today's trump rally. >> i have to stop and think about our home country because they have been so vocal to say they want to be the sole people on this earth and it's their way or no way really. >> reporter: that survey was conducted before the paris attacks, but it helps explain why republican presidential hopefuls are taking a harder line on the refugee issue. we also know that several religious organizations resettling refugees around the country have been threatened in the last week. julianna goldman, cbs news,

. >> we have the white house threatening now to veto a republican backed bill that would require the fed to set monetary policy using a mathematical model. so under this measure the central bank would commit to raising or cutting interest rates based on economic indicators such as unploimemplo or inflation. the house could vote on this bill later on today but it's not expected to peculiar law. it would hurt the fed's ability to respond to crises in the future. coming up later on today we'll hear from one of the federal reserve presidents in an exclusive interview as the fed gets set to possibly raise interest rates for the first time in a decade in this conversation and exclusive interview coming your way at 14:15 cet time. >> let's have a look in at oil prices and see how that's trading today. we're up about 1.5% on wti. brent up more than that. 174 but in terms of that range between 40 and 50 that we have seen over the last two months clearly we're toward the bottom of that range still and the last couple of weeks have been soft for oil price and guys i suppose, we discussed this the l

>> so a couple things, janet yellen cost of money fed next month let's start with janet yellen yeah i think it if there is a republicanng to see janet yellen get, a second term, i actually put out a commentary the other day listing some of the people who were on the bench for the fed, fair number of people that we could see coming out of the republican camp conservative economists, so on this other question, of the fed manipulating interest rates, i know, maria, you know, better than anybody else, there is a lot of interest rates out there. that the fed influences do you know whether or not directly control car loans, they don't trade directly on based on what fed dictates. maria: quick we've got to jump will fed raise next month. >> probably. >> probably, all right, john hilsenrath, next hour. >> i don't want to give you a longer answer i said probably. maria: i know i am sorry jon the clock tooigdz send e-mail why you think probably i will share with our viewers. >> we will talk about it again. maria: art a laffer going to way in his take away on tuesday night's debate who he thinks best to create jobs in america co

embedded in this question of whether or not the fed will move in election years or not is looking at what type of environment, economic environment, are both republicansring with their fiscal policies and how is the fed responding to it. to answer this question you have to look at more than just the changes in the fed funds rate because you have to really understand if the fed funds rate set at a level that's lower or higher than it otherwise would be in the corresponding economic environment. it's a really complicated question, a lot of states have tried to answer it. >> there is a wrinkle in the sense that they have to refund the government right around the time of this next meeting. >> that certainly complicates things. as much as we like to think about the fed not being a partisan body or not being attuned to what's happening in politics or not watching the financial markets, they really are all three. they have a whole lot of things to take into consideration, particularly when they are not getting any help on the fiscal side. there's actually a little bit of conspiracy theory in this. president obama has made many appointments to the federal res

and the fed chairwoman strongly opposes republican-sponsored legislation to increase oversight over the federal reserve. in a letter to house leader, she called the proposal, quote, significantly flawed and a grave mistake detrimental to the economy. the legislation would require the fed to use a math formula to determine interest rates. the house could vote on the matter as early as this week. taking the ultimate selfie on a ski slope courtesy of a drone. it's something a silicone valley production company hopes to bring to a ski resort near you. designating the area as the drone zone, the drones will hover 30 feet above and follow skiers down while capturing their runs on video. a three-run shoot would go for about 100 to $200. >> a big gap. >> yeah. >> thanks so much. >>> it's become one of the world's best known brand names and it's been credited for saving countless relationships. >> and now it's saving lives. doctors are giving the little right. prescribed a prescription for tonight at 11:00, how the pill is working in other ways and having life-altering affects on those who take

feds giving the hotel until january to correct the issue. randy: commitment 2016. donald trump will be back in the republican candidate is evening rally at worcester's d.c.u. center. security for trump's visit will be heavier than before with state and local police with with the secret service. jeb bush and carly fiorina will be in new hampshire today. fiorina will meet with veterans in henniker this morning. she'll then host a town hall meeting at keene state college. jeb bush will attend a house party fundraiser in bedford. emily: louisiana governor bobby jindal is out of the race. he failed to gain any traction in that state's polls. he said he hasn't thought about endorsing any of the remaining presidential candidates. randy: a check of your trending stories this morning. emily: there are change at yale prompted by protests against racial injustice. significant changes must be made on campus to make everyone feel welcome. he said yale will add more diverse courses and launch a series of conferences on the issue of race. against routine screening for early prostate cancer testing. fewer u.s. men are getti

but with this amendment, they would eliminate for all time all fed surplus which based on republican logic would be infinite leverage. i would reserve the balance of my time. the chair: the gentlewoman from california reserves. the gentleman from texas is recognized. mr. neugebauer: it's my pleasure to yield to the gentleman from michigan, mr. huizenga, the co-sponsor of this bill two minutes. the chair: the gentleman is recognized for two minutes, which leaves the gentleman from texas one quarter of a minute. mr. neugebauer: i yield the gentleman for a minute and a half. mr. huizenga: thank you, madam cheer. i appreciate the gentleman from texas. folks watching this at this late hour, you're unfortunately seeing politics over policy. the ranking member wants to agree but just can't let herself. the -- this policy that we have seen, 73% of the democrats on her committee signed a letter saying we need to hit the pause button. we need to make sure we understand what this policy that got shipped over to us from the senate is going to mean. unfortunately, it's been plunged ahead and we'r

backlash over last week's republican debate on cnbc where there is still incoming reaction, many candidates fedp with what they saw as biased questions, and with little time they had to actually answer them. operatives from the majority of the campaigns meeting behind closed doors last night, signaling they are prepared to sidestep the republican national committee. dr. ben carson and senator lindsey graham on some changes they would like to see. >> i would like to see, you know, tighter guidelines in terms of people, when they respond to questions. you know, some people just pretty much ignore what the time constraints are. we should have moderators who are interested in disseminating the information about the candidates as opposed to, you know, gotcha. >> reince priebus is a good man. he rebuilt a republican party that was pretty much in tatters but this debate structure is not leading to the best candidates coming out of debates. i would like smaller groups. all of us be heard equally, ask better questions. if we'll do that we'll get the best nominee to win an election we can't afford to los

. >> coming up, we'll be joined by richmond fed president jeff laquer and republican presidential candidate south carolina senator lindsey graham. all that after a quick break. "squawk box" will be right back. (patrick 1) what's it like to be the boss of you? (patrick 2) pretty great. (patrick 1) how about a 10% raise? (patrick 2) how about 20? (patrick 1) how about done? (patrick 2) that's the kind of control i like... ...and that's what they give me at national car rental. i can choose any car in the aisle i want- without having to ask anyone. who better to be the boss of you... (patrick 1)than me. i mean, you...us. (vo) go national. go like a pro. >> deadly raids in france, two killed, including a person that detonated a suicide bomb. also, reaction here at home. the terrorist attacks in france sparking controversy about syrian refugees, a growing opposition by governors across the nation. republican candidate lindsey graham is here. react to the latest news. investor fears, could global market jitters change the plan? the fed president will layout his case for moving rates higher in dec

republican primary debate. >> reporter: yeah, just about everyone running is part of this meeting. the key player not invited, the rnc. the candidates fedup with the group. one sure thing, it's going to be so contentious. >> as contentious as the debates themselves. let me ask you, that's what's going on the republican side? what's happening on the democrat side. >> bernie sanders takes the shift where he's going directly after hillary clinton. hillary clinton has been campaigning in key battle ground states. she's still riding that wave from the benghazi hearings and her debate success. from the first democratic debates we saw. >> thank you. cecilia vega covering both sides of the campaign for us. >>> a reminder, coming up next week here on "good morning america," donald trump, he'll be live tuesday to talk about his campaign and he has a new book coming out. "crippled america." >> thanks, dan. >>> we'll send things over to ron, big developments in the search for that missing cargo ship. >> good morning, everyone. federal officials believe they have located the wreckage of that missing cargo ship, the el faro. searchers using high-tech

republicans right. >> who wouldn't? >> of course she does. of course she does. fednted them and who reappoints them as well. i don't know whether that will happen with obama. i forget how long her term lasts. she may have filled in part of unfilled term of ben bernanke. when she is doing is not surprising at all. i don't think she is needs obama to tell her to do that. david: i think trump is on to something. perhaps he is hitting a nerve. thanks to our panel for being here. melissa. melissa: wait to night, sun setting before 5:00 p.m. get happy. we'll tell you why. it's beautiful. david: it is pretty. ♪ understands the life behind it. for those who've served and the families who've supported them, we offer our best service in return. ♪ usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. ♪ ♪ ♪ david: well, just about 5:00 on the east coast and that sadly means the sun has already start to set, the big apple is not going to see another sunset until after 5:00 p.m. until january 1st 22nd. it does look pret

feds say the thieves made off with so much money. the cheap trick they used to fool so many people. >>>>ight night, the republican candidates ce off tonight, trump versus carson, bush versus rubio. the stakes couldn't be higher. drastic measures, controversial new rules to prevent concussions in kids soccer. no more headers. will that really work?

feds say the thieves made off with so much money. the cheap trick they used to fool so many people. >>> fight night, the republican candidates face off tonight, trump versus carson, bush versus rubio. the stakes couldn't be higher. drastic measures, controversial new rules to prevent concussions in kids soccer. no more headers. will that really work? >>> what's in your food? why an iconic american brand is changing its recipe. "nightly news" begins right now. >>> good evening, our top story is developing right now in akron, ohio. searchers are recovering victims from a fiery plane crash into an apartment building. as many as 9 people were reported to be on board, all are feared deads. the small business jet was operating near the akron/fulton international airport this afternoon, when according to witnesses it clipped utility wires and plunged into an apartment complex erupting into a ball of flames. tom costello has late details. >> it happened just before 3:00 p.m. >> it looks like we have a plane into a house, heavy fire, we have a lot of wires down. >> firefighters first arriving on the scene in southeast akron, found an apartmen

republicans debate. the top issue they talked about , and how their plans would affect your wallet. >> shootings you don't expect in this area. elizabeth: they're fed up. a shooting is the last straw for neighbors of a des moines nightclub as we discover how many times police have been

kevin: the first-term republican governor said security is his top priority. so effectively immediately, he has had the feds to keep syrian refugees to settle in maryland until there is no threat to public safety. the u.s. has 1,800 syrian refugees this year alone. maryland has 31. virginia accepted 13. those numbers coming from the u.s. state department. virginia a much softer tone where democratic governor terry mcauliffe did not restrict syrian refugees from entering the commonwealth. mcauliffe spokesman telling us every refugee undergoes intensive security screening. we did reach out to d.c. mayor muriel bowser's office for its syrian refugee data but we have not heard back. that is the latest in the satellite center. back to you. jonathan: the issue is the vetting process. a lot of folks are showing one no documentation. it's not like we can call assad and say what do you know about this guy? oh are they vetting the people to make suhey are not a threat? kevin: the state department says the vetting is much more stringent than other nations. the normal vetting is significant in and of itself. a lot of p

of talk about the stress tests, the opacity, the fed process, what it tells banks they can talk about. >> we are hearing two things reflecting republicantions with the federal reserve. this notion that they're not transparent. the chairman putting out a statement and reading from that statement that the fed is not transparent enough. it also reflects a complaint from the banks that the cecar stress test is not transparent enough. that banks don't know what's coming. so it's hard for them to adhere to or pass the test. the other side -- from the other side of the aisle, maxine waters, reflecting a concern of republicans and democrats that community banks are overburdened with some of these complicated and onerous laws from dodd-frank. there's been a back and forth between congress and the community banks and the fed over how they can reduce this regulatory burden, capital requirements, stuff like that. the fed has made some changes. unclear whether it's made enough to sats fight industry or politicians. >> i find the thing -- i find it a little painful to watch. janet yellen herself is pinch-hitting this is not her position. the white h

feds say the thieves made off with so much money. the cheap trick they used to fool so many people. >>> fight night, the republican candidates face offtonight, trump versus carson, bush versus rubio. the stakes couldn't be higher. drastic measures, controversial new rules to prevent concussions in kids soccer. no more headers. will that really work? >>> what's in your food? why an iconic american brand is changing its

fed customary janet yellen. it played well but i don't think that's the joke republicans want to make a lot down the stretch. >> it played well in the room. it's just typical of mike huckabee to say something awkward. i read a story last week. he says awkward things about his personal life, sex in general. it really isn't called for and is not part of the topic. he does it all the time. it keeps happening in such a way. he was talking about, you know, the private sector being more successful than the public sector and brought up viagra, for some reason, as an example of this. he says strange things i don't think will play well beyond a room like tonight in milwaukee. >> they started off the debate, i think admirably, they were going on economic policy and substance. it became clear quickly why television producers producing the debates haven't spent a lot of time on the substantive questions. there was no daylight. if you asked them about taxes you get the same answer from even. nearly identical essentially carbon copy, i will reduce regulation. i'm going to cut taxes and barack obama is terrible for the econom

feds say the thieves made off with so much money. the cheap trick they used to fool so many people. >>> fight night, the republican candidates face offonight, trump versus carson, bush versus rubio. the stakes couldn't be higher. drastic measures, controversial new rules to prevent concussions in kids soccer. no more headers. will that really work? >>> what's in your food? why an iconic american brand is changing its recipe. "nightly news" begins right now.

if there is a republican president i think there will be a new chairman of the fed. significant change. >> hillary clinton would like to see a double down on dodd-frank. if there is a republican president can we see something like dodd-frank repealed? >> dodd-frank repeal is difficult at this point but i think you will see significant changes. there many aspects of dodd-frank. i don't think dodd-frank was ambitious enough. and other forms of regulatory policy. >> you are the former undersecretary for domestic finance. you have to be paying attention to what is going on in the aversion debate. the only way to solve this problem is with tax reform, which is not coming anytime soon. if you are the treasury secretary, what would you be telling jack lew? >> on the question of tax policy i don't think there is go for jack lew over anybody to do anything between now and the election. but i think that the policies of comengton are such that the election, whether it is republican or democratic president, there are factors on that would support for mental tax reform. -- support