it is no secret that the rnc has had some problems this time. frankly, we have reached out to major donors and said, for this cycle, we would encourage you to contribute to the senate committee, because of the structure of the senate, because of the importance of 41 votes. every additional vote we can get in the senate is going to be our chance to reorder the balance of power in washington, d.c. it seems to be a message that people are accepting and responding to. >> republicans need 10 seats to gain control, and everybody claims the expectation in washington, john boehner said that maybe 100 house seats are in play. is lack of a majority -- failing to win the majority and disappointment or defeat for john cornyn? assuming there are republican gains in november, do you expect president obama will reach out more to republicans in 2011? >> i think in terms of the expectations gain, right now we are either leading or tied in eight seats currently held by democrats and all of the seats currently held by republicans, are candidates are leading in. if

do you see donors avoiding michael steele and the rnc? >> well, we are where the action is. of course, in a mid term election the congressional races are where the action is. in a presidential year, the rnc is the party committee for the presidential nominee would tend to get more attention. but it's no secret the rnc has had some problems this time, and frankly we have reached out to major donors and said, you know what for this cycle we would encourage you to contribute to the senate committee because of the structure of the senate because of the importance of 41 votes. every additional vote we are able to get in the senate is going to be our chance to reorder the balance of power in washington, d.c. and it seems to be a message that people are accepting and responding to. >> republicans need 10 seats to gain control, and everybody claims the expectation in washington, john boehner said that maybe 100 house seats are in play. is lack of failing to win the majority a disappoint or defeat for john cornyn? assuming there are republican gains in november do you exspect gridloc

this time the heat is coming from his own party with accusations from the rnc's treasurer that steele hid more than $7 million in party debt to beef up its bottom line ahead of midterm elections. rnc officials deny the charges, which could carry a hefty fine. >>> in new hampshire, beach-goers beware. at least 100 people were stung by pieces of a dead jellyfish that scattered along the shore after lifeguards tried to remove it from the water. nine children were reportedly treated at a hospital for their injuries. >>> and if you think it's been a hot summer, imagine if the sun was 300 times its current size. now, this is not a doomsday report. however, scientists in england have discovered the most massive star ever, which is up to 20 million times brighter than the sun. >>> and now here's an early look at how wall street will kick off the day. the dow opens at 10,120 after tumbling 109 points yesterday. the s&p fell 13. the nasdaq lost 35. taking a look at overseas trading this morning, in tokyo the nikkei dropped 57 points, but in hong kong, the hang seng went up 102 points. >>> for a

. >> is this somebody who should remain as the top executive of the rnc? >> rep -- michael steele is supposed to reflect a consensus of republican platform and policies. if he does that, he could certainly remain trade if he is not willing to do that, if he wants to be a political leader on his own, there are plenty of seats open in november, i suggest you want -- i suggest he run for one of them. i feel very strongly is not my leader. he does not make policy for me. the fact is the national republican congressional committee is made up of elected republican leaders, 178 or so of us. we elect our own leaders and figure out what our policies will be going into november. we are figuring out how to get jobs going in america and get government out of owning corporations and distorting markets. that is what we are focused on. we are focused on jobs and the business of the people from a congressional standpoint. i'm sorry michael steele has become the news because he is a bubbling up of state national committeeman and he is post execute on behalf of their decisi

rnc officials say they've always been up front about it, that the debts have been paid. but at the end of june, we had the rnc i think it raised about $11 million or had about $11 million cash on hand at the end of june which was roughly equivalent to what the dnc had -- just checking my notes on this. and the reason this is significant is that the rnc has traditionally been a big fund-raising power house and able to aid republican candidates, and they're no where in the kind of strong position they had once been in. they have had some difficulty, particularly since march when it was revealed that about $2,000 had been spent at an exotic club in los angeles, and a number of donors decided to start moving away from the rnc. and i think -- what happened this last week is another sign of the dlts that committee is facing. host: one source we use is open secrets funded by the center for responsive politics, a nonpartisan source of information tracking campaign expenditures. and one of the areas that they're able to look at the top industries and who they contribute to. let m

rnc chairman michael steele and candidate sharron angle.s is 50 minutes. >> this is a special time. how is it going out here in nevada? [applause] i hope somebody up in here is ready to win. i hope somebody is ready to win in nevada. are you ready? all right now. i just want to make sure. you have your work cut out for you. you have some things to do. it is important that you pull yourselves together. pull yourselves up by your bootstraps. lean over and help a neighbor pull themselves up. lean over and help that crazy uncle. family and friends, it is the moment to go out and communicate a powerful message. we're going to bring the change that this country needs. we're going to bring the change that nevada needs. we're want to start changing out harry reid. bywe're going to start changing out harry reid. [applause] you have a great new chairman who i have had the pleasure of spending time with. he is quite a guy. he has shown his mettle. he is ready to rock and roll. congratulations on your leadership. it is a pleasure to be with you, buddy.

vernon jordan and appearances by naacp president and the philadelphia mayor and the dnc chairman and the rnc chairman michael still among others. that begins at 8:00 a.m. eastern time on c-span 2. >> with charles rangel and the news because of the recent ethics subcommittee, use the cspan library to follow this story. this piece -- the cspan video library is on line and free. it is washington your way. >> our public affairs content is available on television, radio, and online and you can connect with us on twitter, facebook, and youtube and sign up for our schedule alerts e-mails @ c- span.org. >> kenneth feinberg, the treasury department's special master for compensation talked about his report released last week and paying more than 400 companies that received bailout funds from the federal government. he also addressed his role as the responsible person for the $20 billion bp oil spill payout fund. >> kenneth feinberg will testify before congress this morning. he is one of the preeminent lawyers in the united states. in 2004, he was named as lawyer of the year and is known very well for

they have called him to task on the statement but do not see a ground swell of support within the rnco fire him. i think main reason is it is a logical extensions of a game plan from day one has been, you know, break the president, make health care his waterloo, fight against him on anything he propos proposes. >> larry: doesn't it seem odd to you the area the president is most support is the afghanistan policy where many democrats disagree with him? there. is paradox and irony in that the president said very plainly during the campaign that he viewed iraq as a war of choice and it was the wrong choice, but afghanistan is a war of necessity. just as in iraq the president by august will have taken american troop strength from 140,000 to 50,000 in combat troops, you will see him pursuing the same patient and careful strategy in afghanistan, to create a stage situation so that afghanistan doesn't threaten other nation and then draw american troops down, beginning in the summer of 2011. >> larry: let's ask it this way, if you are chairman of your party and you make a statement contrary to

. >> at the nevada republican party held its annual convention on friday, posting the rnc chairman, michael steele and u.s. senate candidate sharron angle, -- here is a look at the german steel. this is 30 minutes. >> i hope somebody is ready to win in nevada. you have some work cut out for you. you have some things to do. it is important that you pull yourselves together, pull yourselves up by your bootstraps, leaned over and help a neighbor poll themselves up and leaned over and help that crazy uncle pull himself up. family and friends, the moment to go out and communicate a powerful message. we are going to bring the change this country needs. we are going to bring the change that nevada needs and we're going to start by changing out harry reid. [applause] you have a great new chairman who i have had the pleasure to spend some time with. he is quite a guy. he is ready to rock and roll and build and grow and strengthen this party. congratulations on your leadership. it's a pleasure to be with you. a real pleasure. he has a great team, a great partnership in the governor and that wonderful

the nevada republican party held its annual convention on friday, posting rnc chairman michael steele. here is a look, starting with german steel. this is the key minutes. -- this is 50 minutes. are you ready to win? you have your work cut out for you. we have some things to do. it is important that you pull yourself together and pull yourself up by your bootstraps sampling over and help a major pull themselves of an elite over and help the crazy aunt pulled himself up we're going to bring the change that this country needs. we're willing to bring the change that nevada needs. right out, but what you have a great new chairman and he is quite a guide. he is ready to rock and roll and strengthen this party. congratulations on your leadership. . he has a great team and a great partnership. he has the wonderful national committee. thank you both for your leadership. thank you also much. this partnership is sure anchor. this is the team that will lead down the force. they will need your help. they will need your time they will need your commitment. -- they will need your time. and they wil

. >> is this someone who should remain as the top executive of the rnc? >> michael steele is supposed to reflect a consensus of republican platforms and policy. if he does that, he certainly can remain. if he is not willing to do that and he wants to be a political leader on his own, there are plenty of seats open in november. i suggest he runs for one of them. i feel very strongly that he is not my leader. he does not make policy for me. the fact is that the national republican congressional committee is made up of elected republican leaders, 178 or so, and we elect our own leaders. we figure out what our policies will be going into november. we are figuring out how to get jobs going in america, get the government out of owning corporations, and distorting markets. that is what we're focused on. we are focused on jobs, the business of the people from a congressional standpoint. i am sorry that michael steele has become the news because he is a bubbling up of state committeeman. he is supposed to execute on behalf of their decisions and platforms. he does

is this somebody who should remain as the top executive of the rnc? >> michael steele is supposed to reflect a consensus of republican platform and policies. if he does that, he certainly could remain. if he's not willing to do that and wants to be a political lead owner his own, there's plenty of seats open in november, i suggest he run for one of them. and i feel strongly he is not my leader. he does not make policy for me. the fact is the national republican committee is made up of elected republican leaders. 178 or so of us, and we elect our own leaders and figure out what our policies will be going into november, and we're figuring out how to get jobs going in america and getting the government out of owning combingts and distorting markets. and that's what we're focused on. jobs and the business of the people from a congressional stand point. so i'm sorry that michael steele has become the news, because he's a bubbling up of state national committee men, and he's supposed to execute on behalf of their decisions and platforms. he doesn't represen

michael steele at the rnc, to block all stimulus and block all construction towards jobs?ticular $400 million of d.o.t. transportation funds from f.r.a. have been directed to ohio. i'm calling from the 12th district. there's been blockage at the controlling board by an apparatus set up by the republicans and their obstructionist techniques to have all d.o.t. funding have to go through a seven-man panel. it's become a block of mind set that it shouldn't be and in an apparatus of theatrical it should be technical for what's best for the country. >> i think it's been too big, hasn't done enough. i would just say that in terms of political games being played, you know, certainly congress does it and the states are not different. again, each state has its own political games, the g.o.p. and the democrats depending on the circumstance will use policies to advance their parties' interest. it's not something new but it does happen both on the national and state level. host: what's the role of the independents in these races? >> well, in terms of the candidates there are some indep

is this is somebody did should remain as the top executive of the rnc? guest: michael steele is supposed to reflect republican policies. if he does that, he should remain. if he wants to be a political leader on his own, there are plenty of seats open in november. i suggest he run for one of them. i feel strongly that he is not my leader. he does not make policy for me. the fact is that the national republican congressional committee is made up of elected republican leaders, 178 or so of us. we elect our own leaders and we figure out what our policies will be going into november. and we are figuring out how to get jobs going in america, get the government out of owning corporations and distorting markets. that is what we focus on. we are focused on jobs, the business of the people from a congressional standpoint. so, i am sorry that michael steele has become the news because he is a bubbling up of the state national committee met and he is supposed to execute on behalf of their decisions and their platforms. he does not represent me. i do not side with t

watching c-span, don't use an acronyms that we told bp we would use the rt and then go back to refer the rnc and dnc and keep the politics out of it. we are not going to talk bt it like that. do like the vice president says, straight talk and plain talk and that is what the people want and what i want. let's really put our questions, our concerns and the good news we know out in the sunshine. we have to learn from the lessons past, and one of which is that we need to know early on so we don't have to go find out the negative consequences later. when i went to the gulf, senator harden and i went to the gulf and we were told that the beaches was safe and the seafood was safe and that our people were safe. well, that is the where we are now. so i am now going to turn our testimony over to our witnesses. i want to, before i turn to both miss jackson and mr. robinson is to say why some people are not here. my very good friend and colleague, a mn of tan of the g senator shelby is on the floor, because that is now when we are moving the financial reg and this hearing was scheduled well in advance t

watching c-span, don't use an acronyms that we told bp we would use the rt and then go back to refer the rnc and dnc and keep the politics out of it. we are not going to talk bt it like that. do like the vice president says, straight talk and plain talk and that is what the people want and what i want. let's really put our questions, our concerns and the good news we know out in the sunshine. we have to learn from the lessons past, and one of which is that we need to know early on so we don't have to go find out the negative consequences later. when i went to the gulf, senator harden and i went to the gulf and we were told that the beaches was safe and the seafood was safe and that our people were safe. well, that is the where we are now. so i am now going to turn our testimony over to our witnesses. i want to, before i turn to both miss jackson and mr. robinson is to say why some people are not here. my very good friend and colleague, a mn of tan of the g senator shelby is on the floor, because that is now when we are moving the financial reg and this hearing was scheduled well in advance t

watching c-span, don't use an acronyms that we told bp we would use the rt and then go back to refer the rnc and dnc and keep the politics out of it. we are not going to talk bt it like that. do like the vice president says, straight talk and plain talk and that is what the people want and what i want. let's really put our questions, our concerns and the good news we know out in the sunshine. we have to learn from the lessons past, and one of which is that we need to know early on so we don't have to go find out the negative consequences later. when i went to the gulf, senator harden and i went to the gulf and we were told that the beaches was safe and the seafood was safe and that our people were safe. well, that is the where we are now. so i am now going to turn our testimony over to our witnesses. i want to, befe i turn to both miss jackson and mr. robinson is to say why some people are not here. my very good friend and colleague, a mn of tan of the g senator shelby is on the floor, because that is now when we are moving the financial reg and this hearing was scheduled well in advance to

looking at this interesting chart that the individual contributions going from -- this is to the dnc and rnc, from presidential election to a presidential election and midterm to midterm show an upward trend as you get further along. but there is a glaring exception -- the 2008 amount of money to be democratic national committee. there was not a lot of money going to barack obama. the more candid-centric election of 2008 and a number increasing for the democratic national party, the contributions of $20,000 or more in a cycle. could he speak to those factors. >> somebody give the student a very high grade. all of the elections except the two dozen a democratic election involve a certain similarity of conventions. national committees are more important provincial elections and in midterms, so you expect those to be higher. you expect they should go up. in five of the six cases, publicly funded candidates. the parties play the role of making large independent expenditure and the candidates raise the money for the party and the party makes independent expenditures. in one case, the democrats li