thank you, roger altman, steve almendorf. new clearblue test. it's like two tests in one.y god. i think i'm gonna cry. [ female announcer ] the new clearblue pregnancy test also estimates how many weeks. weeks estimator. only from clearblue. >>> let me finish tonight with this. we now wait, sit in wait and check the news for two possibilities, one that, once again, the two parties reach yet another 11th-hour decision that disappoints us with once again an unsatisfactory result, which instead of doing no harm only manages to do less harm. the second possibility is if it only works. if the house republicans will not or cannot come to an agreement with the democratic-led senate and the democratic president, barack obama, we are in for trouble. it will be a renegade moment in history. suddenly, we would face the reality of a right wing run amuck, a refusal to participate in national self-government out of some angry need to bring the house down and be seen doing so. there was once a way to do things in american politics. it was easy to understand. you fought over policy, you a

new york times," david wessel of the "wall street journal," mark zandi of maddy's analytics and roger altman of evercore. >> the chairman of the federal reserve, i think we should celebrate that. it gives us a chance to step back and look at her record. i doubt anyone's ever come into this position that's more qualified by virtue of her existing service within the fed, twice by the way not just currently. her stint is cea chair under president clinton, her academic history, she's extraordinarily qualified. >> rose: we continue with christina romer former chair of the provide's council of economic advisor and a professor at berkley. >> what's always impressed me about janet is she doesn't just stick to one idea, she's always saying am i missing something, is there some other idea that might be right here, is there more research we need to do. and i think in these kind of times when monetary policy is much more complicated and changing so rapidly, that kind of flexibility and watching the data and watching the new research as it comes through i think will serve her incredibly well. >> rose: we

thank you, roger altman, steve almendorf.h, maddie, jen, sara m., sara b., sa -- whoa, whoa. hold on. (under his breath) here it comes... we can't forget about your older sister! thank you, thank you, thank you! seriously? what? i get 2x the thankyou points on each ticket. can i come? yep. the citi thankyou preferred card. now earn 2x the points on entertainment and dining out, with no annual fee. to apply, go to citi.com/thankyoucards where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is da

mark zandi joins us from moody's analytic and here in new york, roger altman chairman of evercore partners and served as deputy of the treasury under president clinton. i'm pleased to have all of them here to talk about the selection of janet yellen and what it means for fed policy. welcome. mark i begin with you. tell me about what she might be like and how she might be different from ben bernanke. >> well i think she'll be fantastic. i think key to the fed gracefully exiting out of its quantitating policy and normalizing interest rates, the ability to communicate clearly to the marketplace. and that's what she's been working on at the fed. she's been working really hard on communication strategy and key to communication is building consensus. you need to have the consensus view around the committee. and i don't think there's anyone better than her at doing that so i think she's going to be very good fed chairman and transition very nicely away from the bernanke fed. so i think we're in good hands. i think we'll be in georgia shape. >> rose: transition away means what? >> well, it should