joining us now is senator sherrod brown of ohio.enator brown, great to have you here. >> thank you. >> so you have been an economic populist for your whole career, and an outspoken one at that. is it true that issues like the minimum wage work everywhere in the country, and therefore it could be a pretty easy federal vote if people paid attention to the polls? >> yeah, i think so. it's so much the right thing to do. there are so many people living on the minimum wage and, you know, there's this myth that they're all teenagers. they're not. they're overwhelmingly, they're 20 and up, a number of them are single parents, a number of them hold two minimum wage jobs, or as husband and wife hold a job, one at minimum wage and one $1 above minimum wage, and they can't make a go at it. they get some help in food stamps or in some way subsidies to help subsidize the low wages at walmart and starbucks. but there's another part of this really important this year. tipped wage has been stuck at $2.19 since 1990. >> that's the wage that people ge

i think sherrod brown.and also the working way people of this country are looking for a hero again. they have the own problems with obama which is sometimes obvious. they want somebody to go out and hang out with them and have a beer with him and feel like they can have a beer with the guy, you know. biden, i don't know if -- he can't be vice president so he won't do it again. he could technically but i don't think you'll do it again. i think he wants to be secretary of state. i don't know whether barack obama wants to be on the supreme court or not. i don't know. he is a young, healthy liberal. that's a great prospect to some people. this has been great. you have been very nice and in no, i can from the other side of the aisle but i do consistently not just when i'm on the home turf, favorite things about president reagan. i think he is in the top 10 or so of allah president. i think he is way up there and i think the big things that smart presidents do, like obama, they always respect the greatness on the

despite the plan to scrap the plane, ohio senators, and democratic sherrod brown both fought to keep production going, claiming hundreds of ohio jobs were on the line at national guard facilities there. >> there's an awful lot of politics and senators and cock man congressman looking to keep jobs in their districts. that's an efficient way to equip a military. >> with half a billion dollars already spent, the defense department is making plans to unload the remaining 14 aircraft. >> these will be regenerated for somebody in the federal government and i would expect fairly soon. >> what are the possible uses for this c27j? >> right now, the three most common, entities out there are special operations command, the forest service and coast guard. >> these handovers could end up costing taxpayers even more money. for example, america tonight reviewed the u.s. forest service proposal. it wants to either use the aircraft as transport for parachute teams of firefighters or convert the planes into air tangors that can deliver fire retardant. the expensive reconfigure reaction calls for remov

politics but mindful of them too, her brand of economic populism and the brand of bernie sanders and sherrod brown, and the brand of other democrats on these issues, the republican party is stuck on pause, on the democratic side they are doing something new. economic populism on the offensive. and elizabeth warren is our guest next. i love that just washed freshness, but then it goes to the closet...to die. so try new glow unstopables. they fill your closet with scents so fresh they last for 12 weeks! downy unstopables. try with downy infusions. you give them the giggles. tylenol cold® helps relieve your worst cold and flu symptoms. but for everything we do, we know you do so much more. tylenol cold®. >>> my next guest is democratic senator elizabeth warren of massachusetts, she will be here live. that is next, stay with us. >>> the people of new jersey have spoken and they want a raise. last night, voters overwhelmingly approved a measure to raise the minimum wage by a dollar an hour. >> i am an optimist. i have to be, i'm barack obama, i ran for president. >> and won. >> and won twice. so look,

politics but mindful of them too, her brand of economic populism and the brand of bernie sanders and sherrod brown, and the brand of other democrats on these issues, the republican party is stuck on pause, on the democratic side they are doing something new. economic populism on the offensive. and elizabeth warren is our guest next. we know we're not the center of your life, but we'll do our best to help you connect to what is. yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. >>> my next guest is democratic senator elizabeth warren of massachusetts, she will be here live. that is next, stay with us. ♪ ♪ you get your coffee here. you get your hair cut here. you find that certain thing you were looking for here, but actually you get so much more. when you shop at these small local businesses, you support all the things that make your community great. the money you spend here, stays

>> well, as my friend sherrod brown found when he ran in ohio, the sky's the limit, ed.d expect millions and millions of dollars to be used against him. and i think the final total was nearly $40 million in a state the size of ohio. the groups you've mentioned are already attacking me. they're out in all parts of the state. and we know that they're going to be a significant presence in the 2014 election. that's why it's important to educate iowans about what's at stake and who's trying to influence their elections even though as you pointed out the donors themselves are secret at this point. >> do you think that iowans are onto this? and how do you think they feel about this outside money? >> oh, i think they are onto it and i think the people of coralville got onto it very quickly. if you look at the election outcomes, you can see that the people of coralville rejected these outside secret attempts to influence their local municipal elections. iowans take politics very seriously, ed. and they expect you to come and talk to them in clear terms about what you stand for an

but mindful of them too, her brand of economic po populism and the brand of bernie sanders and sherrod brown, and the brand of other democrats on these issues, the republican party is stuck on pause, on the democratic side they are doing something new. economic populism on the offensive. and elizabeth warren is our guest next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow.

ohio worked for president obama and sherrod brown, in the last two presidential elections.ell, republicans are now doing everything in their power to turn the state absolutely scarlet, not red, scarlet. case in point. this guy right here. now, i have no bone to pick with john kasich. he's probably a nice guy. we have asked to do a sit-down interview with him. but, of course, he's too busy. if you'll notice, last night i did a sit-down interview with charlie crist, and there was -- it was really no violence. no yelling at each other, any of that kind of stuff. it would be a very professional and uplifting interview. but this is your moderate republican governor of ohio, john kasich. really? we're going to find out just how moderate he is. he's gotten praise in the media and from the president for expanding medicaid. but wait a minute, hold the phone, don't buy it. he should have done that anyway. because it's going to help a lot of ohioans. his republican state legislature is what we really need to pay attention to. because let me tell you something, folks. this governor is

there was a new gao report that came out today in response to my request as well as sherrod brown's that way. that is my single biggest concern. ashley: it is interesting, senator. because you're basing this purely on your issues with the financial institutions. you believe as you just said, that the standards being imposed don't go far enough but will any fed chief actually do what you would like to see them do? >> well, i don't know. i do have other concerns, ashley, including the free money policy quantitative easing. and like a lot of conservatives i didn't like what i heard today which is basically, no end in sight. it's a great run for wall street. i think it's a raw deal with a lot of dangers for main street. tracy: she did though demonstrate a willingness to tighten if the tightening was appropriate. again we come back to all these economic measures and who the heck knows what we're using these days to make these decisions but i think, just to take ashley's point a step further, this fed chair is in a really tough spot no matter who it is? this stuff will have to go on for a litt

banks, which helped the crisis become much more inflated in itself, and that elizabeth warren, sherrod brown but if that happens, of the entire banking system, it will be a headwind the economy will have to -- because we're not going to see money flowing like that. that'll put more pressure -- >> what about specifically on the rate they're paying the fed, being the "they" on excess reserves? what did you hear, and what do you think? >> she said she wouldn't go negative. she might be -- >> on the rate. >> on the rate. because going negative would affect the money market funds, because, of course, the concept of breaking the buck. >> okay. let me stop you there. because that's kind of what i heard, as well. and i think paying no interest or negative interest on excess reserves makes a boatload of sense! so we're not doing that, because money market problems haven't been addressed. so this humongous strategy of historic proportions is ongoing in part, because something else is broke that we haven't fixed. this is just -- it really doesn't make sense. i can't help thinking, you know, what i refe