. >>> tonight, the american bankers association with its forecast for the u.s. economy, then a senate finance hearing on a welfare program to assist needy families, after that, a senate banking committee meeting and later, a house foreign affairs committee hearing on u.s. aid to afghanistan. >> just talking about reform doesn't solve anything. you've got to get specific about it and like i said, if anybody in this room designed a plan, i could sign on to 90% of them. >> from berkshire hathaway way chairman, warren buffett, saturday night at 8:00 eastern on cspan. >> the american bankers association today offered its economic forecast for the next year. the group is expecting a moderate cov moderate recovery, but is somewhat uncertain because of spending cuts scheduled to take effect next year, the advisory committee chairman's remarks are almost half an hour. >>> good morning, everyone. the committee's forecast continued moderate economic growth of 2.2% in 2012, followed by a relatively modest, moderate economic growth in 2013. 2013 will likely be way weighed do

the economy will continue growing at a moderate pace, according to an assessment by the american bankers association. but the group says a lock of agreement on the deficit by congress creates a lot of uncertainty. the chairman of the aba economic advisory committee also discussed unemployment, lending, and the housing market. this is about 20 minutes. >> good morning, everyone. the committee's forecasting continued moderate economic growth of 2.2% in 2012 followed by relatively modest, moderate economic growth in 2013. 2013 will likely be weighed down by fiscal uncertainties, and that, as a result, our forecast is probably a little more modest maybe than some. certainly if we were not encountering this fiscal cliff in 2013. then maybe the forecast would be considerably higher. but in general, moderate economic growth is the forecast. personal consumption started out the year approaching at 3% annualized growth rate. consumers went out and made a large consumer durable purchases, specially automobiles. and this trend is probably going to continue throughout 2012. you can see the forecast shows a pick

has to reimburse me how do they get reimbursed and there is a bottom line they call the american's bankers association say banks take losses all the time shlgs defaults on loan, fraud them anticipate a certain amount of all of this happening here and that is included in budgets which means you need to include it in their budge yits so they're paying but you are paying. >> and this is a neighbor ripping off banks they're ripping you off. >> katie couric is back. next what she told me about the show starting here in the fall and yolo. >> we'll explain. >> coming up there is an emotional meeting of a woman bullied on the bus and a stranger that raised $600,000 for her. >> oakland mayor explains how this approach is still a solid one. >> now here is diane sawyer. >> tonight on world news interest there is more on colorado wild fires. as you know, doubling in size, we're there with thousands of families on the run taking no chances as planes bear down. there is a report on a crime wave in the driveway. a growing number of thieves stealing wheels off your car in just seconds. everybody in the bay area may >

. >> the american bankers association responded with a written statement calling the database unverified and misleading to people. >>> it looks like hiring will stay sluggish in the months ahead as employers post the fewest job openings in nearly four years. the labor department said it could mean employers are sit issue about adding new jobs while still slow growth in the united states and real instability in europe. >>> april 12.5 million people were without jobs. that means nearly four people many competing for every one job availablen. a healthy job market it's usually two to one. >>> on wall street was up day, the dow closed up more than 95 points, the nasdaq was also up 34 points, and the s and p climbed 13 points. >>>er. >> the founder of wikileaks at the center of a sexual misconduct investigation is at a embassy is london. two women accused him of sexual misconduct two years ago. the south american nation is considering his request for political asylum. this just days after britain's court rejected his bid to reopen his appeal against extradition. >> thousands of another school

but a spokesman for the american bankers association says folks can post fake claims adding until somebody had a chance to sort through and figure out what is valid and invalid, it's a gossip column. and new to the legal panel, arthur aidala and randy zelin. >>arthur: different set of rules. everyone else can do the same thing. >>shepard: are you too young for customer service? they would talk to you and seemed glad you were there and if you had money, they acted like, whether they were or not, like they appreciated your money. now, they treat it like they are drunk people on the floor of a casino. >>arthur: a lost small banks and now there are four. >>arthur: i don't understand why they should be exempt from this. we deal with it as lawyers. trip advisor, and, all of those you can put a fake claim on those and say the food wasn't good, the hotel wasn't. so the same thing is here. the majority people, you can tell which are legitimate and which aren't. consumer reports is done the thing on credit cards and i looked into that but there is no reason why they should be not. >>randy: the diffi

members of the american bankers association after their white house meeting during the great depressione men are fat cats because they have or controlled gobs of money. when they were described in english they were often referenced as a colloquialism as the fat cats on wall street, dot, dot, dot. last year at the height of occupy wall street a wall street fat cat took public exception to the term. now we're not supposed to use it anymore. it's insensitive and wrong and i just said it a half dozen times. whoops. here's something else you're not supposed to say in polite company anymore. sea level rise. you're not supposed to say sea level rise, at least not among virginia republicans. also climate change. you don't want to say climate change anymore. when virginia lawmakers wanted to examine the possibility that warming temperatures will cause the atlantic ocean to swamp the coastal region of their state, "they discovered they cannot use the phrases sea level rise or climate change in requesting the study in part because of objections from republican colleagues and also for fear of stirr

. >> reporter: the american banker's association says there are 320 million american credit card accounts they say complaints tally only about 100th president. billing complaints are the most common complaint with. and as for verification, the consumer bureau, they do confirm that a credit card company that a person making a complaint currently has had or currently has a credit card with them. even still, the industry feels that the list will include a lot of frivolous cases, wolf. >> we'll watch and see how it unfolds. >>> senator marco rubio sharing moving memories of his father's sacrifices so he could achieve the american dream. stand by for my interview with the possibly vice presidential contender. >>> and a potentially dangerous germ leak at a u.s. lab. is an agency that's supposed to protect us really putting people at risk? and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, repla

. >> the american bankers association says there are 120 million credit card accounts in complaints tally 1%. >>catherine: according to the consumer bureau, billing disputes are the most common type of complaint followed by the flames about interest rate. there is still much more ahead on the kron4 is weekend but first, a reminder, make sure your fourth of july plans include watching kron4. it is our eighth annual big celebration, july 4th live. he will have the best seat in the house to watch fireworks from around the bay. we're the only station that brings to local fireworks live. starts at 9:00 p.m. right here on kron4. has all hah. the oregon native heritage in 4 minutes 14 seconds and of breaking the world record of four voided 16 secondary he joins bruce jenner among americans to help the decathlon world record. >>president obama: after a century of trying, we finally pass reform that will make health care affordable and available for every american. that was the right thing to do. >>ysabel: the presence of alcohol is taking center stage as the u.s. supreme court is set to rule on i

. >> the american bankers association says there are 320 million credit card accounts. tally only about 100 of 1%. now, billing disputes are the most common type of complaint followed by gripes about interest rates and accounts being closed. as for the verification issue, the consumer bureau, they say they confirm with the credit card company that a person making a complaint has had or currently has a credit card. even still though, wolf, the industry feels this list is going to include a lot of frivolous complaints. >> that's what happens. thanks very much, lisa. >>> when president obama takes to the practice debate stage, he'll be facing off against john kerry. but is john kerry really a good fill-in for mitt romney? and egypt's former president, hosni mubarak headed to the hospital right now. we're live in cairo right at the top of the hour. r cloud is made. concrete. and steel. our cloud is the smartest brains combating the latest security threats. it spans oceans, stretches continents. and is scalable as far as the mind can see. our cloud is the cloud other clouds l

businesses, and i also invited working solution to make a presentation of the asian american bakers association and richard asian-american bankers association, because i felt a lot of small businesses apply for a loan and do not qualify, and somehow they might end up using a credit card to support their business, so in order for them to know the fun we have managed by working solution, the presentation was done very nicely, and the bankers were delighted to know there was suc- business owners. when they have a business owner fed did not qualify for our regular business loan, they go to working solution, so working solution can help with assistance as well as funding money. that is it. thank you. >> any other commissioners? next item please. >> item 15 is general public comment. do we have anyone from the public wishing to make a comment? seeing none, public comment is closed. >> item 16, new business. next item. good night and 17, adjournment. >> do we have -- >> item 17, adjournment. do we have a mission to adjourn? >> i move. >> meeting adjourned at 7:46 p.m. >> the right to vote allows us to vote for candidates or party and i

the record. june 28, 2012, statements for the association of home builders, and from the american enterprise institute. june 28, 2012, statements from the american guild of enterprise appraisers, new statement from mortgage bankers association. in 28, 2012 statement from the dallas-fort worth association of mortgage brokers. june 28, 2012, statement from the builders of america. with that, the chair notes that some members have additional questions for this panel which they may wish to submit in writing. without objection the hearing record will remain open for 30 days for members to submit written questions to the witnesses and place their responses and the record. i would like to thank you for your expertise that you have brought to this panel and to help us as we move forward so i thank you all for being here. this hearing is adjourned. [inaudible conversations] [inaudible conversations] [inaudible conversations] >> author david right about the president. >> kerri truman goes to the white house and says to eleanor roosevelt can i pray for you? she says no. we need to pray for you. there are a lot of promises made. they have to rent a large home larger than this one to get all the people jack kennedy promised

the statement from the national association of home builders. june 28, 2012 for the american appraisers to two. statement from the american guild of enterprise appraisers june 20, 2012. the mortgage bankers association. june 28, 2012 of mortgage brokers, june 28, 2012. statement from the leading builders of america. and with that, the sharing of some members may have additional questions for the panel on which they may wish to submit in writing. without objection the record will remain open for 30 days for members to submit written questions synthetase responses in the record. but that i would like to thank you for your expertise that you brought to this panel and to help us as we move forward. i thank you all for being here. and with that, this hearing is adjourned. [inaudible conversations] [inaudible conversations] >> harry truman goes to the white house and says to elinor roosevelt, can i pray for you? and she says, no. we need to pray for you. >> there's a lot of promises made or they would have to grant a large home, larger than this one today all the people jack kennedy promised the vice presidency to that year. >> a man who is president believes strongly that the limits of govern

the national association of home builders, june 28th, 2012 statement from the american enterprise institute, june 28, 2012 statement from the american guild of enterprise appraisers, and june 28, 2012, statement from the mortgage bankers association. june 28, 2012 statement for the dallas fort worth association of mortgage brokers,. june 28, 2012, statement from the leading builders of america. with that, the chair notes that some members may have additional questions for the panel if they may wish to summit in writing. without objection, the record will be open for questions and witnesses to answer the questions in the record. thank you, and thank you for the expertise you brought this panel and to help us as we move forward, and so i thank you all for being here, and -- >> thank you. >> with that, this hearing is adjourned. [inaudible conversations] [inaudible conversations] [inaudible conversations] >> the purchasing power is the weight, for example, of any currency was constant for a period of four centuries. >> it seems the record of the gold standard, in some, is a record by large of growth and of personal accountability. >> this weekends on american history tv, louis larman and james grant look at the departure

this according to the mortgage bankers association, citing a big decline in refinancings. >>> stockton, california, set to become the largest americanbankruptcy. officials were unable to reach a deal to restructure debt. it could come as soon as today. wow. >> they have said there weren't going to be municipal bankruptcies. >> this is the biggest, though. >> they're not enormous but they're happening. >> in california, there's a real problem with the pensions, giveaways. still fewer than we thought. >> and whitney predicted. >> not done with it as something to be concerned about. >> i like whitney. whitney savings bank where my daughter's going to open an account in the fall going to tulane. >> was there a nbc sitcom called whitn whitney? >> not sure. let's change the topic. >> let's do that. >> can i follow up quickly. retention awards, and they're both laughing at me. >> we're not. >> no, we're not. >> with you. >> i'm going to be removed from the show and brought on a nbc sitcom. they're now making 100% of the retention awards subject to performance criteria. and all the awards will be paid entirely in shares in the combined grou

it is supported by the mortgage bankers association, the national association of mutual insurance companies, along with a couple other institutions as well. the american insurance association and the property casualty insurance association of america. and with that, mr. chairman, i reserve the balance of my time. the chair: the gentleman yields back the balance of his time. mr. garrett: i yield back. the chair: does any member seek time in opposition? the gentleman from massachusetts is recognized. mr. olver: mr. chairman, i claim time in opposition to this amendment. the chair: the gentleman is recognized for five minutes. mr. olver: the issue seems here to be -- i don't know this very well. the issue seems to be that there have been cases where, where discrimination has occurred and it's been adjudicated as having occurred when there was no intent to do so in the first place. in a recent h.u.d. action, this impact was used to protect the rights of women who were evicted because they were victims of domestic violence. there was no intent to discriminate against the victims of the domestic violence, but that's what it was that had been adjudicated in

was a piece on which i quoted on the floor of the senate a couple of weeks ago from the american bankers associations -- he was frank about it. representing the banking industry. he says you know, in the old days, we could give $5,000 or $10,000. now we can give $50,000. we can give $500,000. we can give a million dollars and you know what? they'll take notice when we do that. now, if that's not an intimidation statement then i don't know what is. >> bill: or maybe even bribery >> it is basically saying look, you want to stand up to me, you want to protect working families in america okay, do you it. let me tell you what's coming down the pike for you. >> bill: hey senator bernie sanders in studio with us. lots of issues, lots to talk about. you are welcome to join the conversation. give us a call at 1-866-55-press. tuesday's "full court press." >> announcer: this is the "bill press show." >> we're not through just yet, mr. vice president. >> they're swimming against the tides. [ ♪ theme ♪ ] >> announcer: this is the "bill press show," live on your radio and current tv. >> bill: 12 minutes before th