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Jul 23, 2011
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that motivated me into warren. as i mentioned, not only am i finishing--literally this morning i put in the fedex back and said to my editors of finishing it as we speak. the eisenhower book grew almost directly out of the warren book. warren i had thought about and interested as governor and that part of his life. the eisenhower book came to me differently. the editor in new york who believed there was potential for eisenhower presidency read warren bookend came with the idea of working on a race. unlike warren why felt i knew from close toice. unlike warren why felt i knew from close to the beginning of my research -- by the end of their lives they had little use for one another. very quickly the two were a part and there is a series of domestic security cases that the war on court handed down that really set up eisenhower and also had some differences about how the court went about desegregating schools and other institutions. i came to eisenhower believing i would end up a real critical of him. i learned someth
that motivated me into warren. as i mentioned, not only am i finishing--literally this morning i put in the fedex back and said to my editors of finishing it as we speak. the eisenhower book grew almost directly out of the warren book. warren i had thought about and interested as governor and that part of his life. the eisenhower book came to me differently. the editor in new york who believed there was potential for eisenhower presidency read warren bookend came with the idea of working on a...
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Jul 15, 2011
07/11
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and professor warren. they received documents that look like this and when you take over and have a department under your control, what i would like to let you know is that when someone redact something so you don't know what was redacted, you don't even know what needs come from what request but that is considered excess under foia. you have to find a way to make sure that when you deliver a paper with nothing on it if you are able to tell those who asked what that is responsive to. and literally, it is a judicial watch. what they received word -- they received not as many pages as they should have but received countless pages like this. in the case of judicial watch, they had given them the information that justice on your behalf wouldn't give them. so they had two pieces of paper. they have the one that is responsive and they can see why they have a right to it and then they have a black page. so a week from today you are going to inherit an agency where you are going to have a claim by number of transp
and professor warren. they received documents that look like this and when you take over and have a department under your control, what i would like to let you know is that when someone redact something so you don't know what was redacted, you don't even know what needs come from what request but that is considered excess under foia. you have to find a way to make sure that when you deliver a paper with nothing on it if you are able to tell those who asked what that is responsive to. and...
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Jul 19, 2011
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elizabeth warren writing today "we got this agency by fighting, we stood it up by fighting, and if it takes more fighting to keep it strong and independence, then we can do it." joining us tonight for the interview is elizabeth warren, she's been serving as an assistant to the president and special advisory to the president, thank you so much for your time. >> thank you, it's a pleasure to be here. >> this is a landmark week for you, agency you championed comes into existence. how do you feel about this first week and the chances for this agency's survival? >> you know, i actually feel great, and i'll tell you why i feel great. i feel great because the agency is strong, because we have attracted tremendous people to come here and work, because there are people around the country who follow what we do and who are behind it, because we're really going to make this work. and look, if it takes a fight, we've fought before, we'll keep fighting, because at the end of the day, we are fighting for america. we are fighting for middle class families who just want a fighting chance when they go
elizabeth warren writing today "we got this agency by fighting, we stood it up by fighting, and if it takes more fighting to keep it strong and independence, then we can do it." joining us tonight for the interview is elizabeth warren, she's been serving as an assistant to the president and special advisory to the president, thank you so much for your time. >> thank you, it's a pleasure to be here. >> this is a landmark week for you, agency you championed comes into...
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Jul 24, 2011
07/11
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for the agency, but what is next for elizabeth warren? that is one of the more interesting aspects of the story. >> she was passed over for the top job by a former ohio attorney general richard cordray. >> what could she not get confirmed? -- why would she passed over? >> she cannot get confirmed. >> there is talk of her running out for the senate in massachusetts against scott brown. >> this is a part time for her to announce that she is pretty happy to mention it on this show. scott brown is formidable. i've been talking to a number of democrats who think there is going to be an uphill race against him. but let's make one thing clear about richard cordray, who is an outstanding attorney general of ohio. it is not just elizabeth warren and they are trying to sink, the republicans. shelby is going to fibuster hamidhey don't like this agency. >> they never have. and they don't like consumers very much. >> they don't like the revenue stream this agency has. >> that's right, because it gives them autonomy that congress -- >> let me just expl
for the agency, but what is next for elizabeth warren? that is one of the more interesting aspects of the story. >> she was passed over for the top job by a former ohio attorney general richard cordray. >> what could she not get confirmed? -- why would she passed over? >> she cannot get confirmed. >> there is talk of her running out for the senate in massachusetts against scott brown. >> this is a part time for her to announce that she is pretty happy to mention it...
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Jul 18, 2011
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elizabeth warren.ell deserved rest and thank you for joining us today. >> thank you. >>> and turning overseas, the phone hacking scandal has no rest surrounding rupert murdoch's media empire. it's reaching tall way to downing street and scotland yard. prime minister david cameron is cutting short a trip today to south africa trying to can tin the damage he's rushing home. the head of scotland yard resigned yesterday morning. now his number two, the top deputy is out today. the force is under fire for not properly investigating the allegations years ago. rupert murdoch is supposed to face the scandal head on tomorrow during a committee hearing in parliament. his former top executive brooks got out on bail today after her weekend arrest and has also been called to testify. we're live in london. so much is happening. it's hard to keep up. you're the one on top of this. where does it go with the prime minister heading back to town today? >> you're right, there are so many moving parts. right now cameron he
elizabeth warren.ell deserved rest and thank you for joining us today. >> thank you. >>> and turning overseas, the phone hacking scandal has no rest surrounding rupert murdoch's media empire. it's reaching tall way to downing street and scotland yard. prime minister david cameron is cutting short a trip today to south africa trying to can tin the damage he's rushing home. the head of scotland yard resigned yesterday morning. now his number two, the top deputy is out today. the...
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Jul 27, 2011
07/11
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she believes that warren jeffs is god's messenger on earth. she was born. and she's been also taught that if she rejects his teachings she will burn in the hottest points of hell, a very literal concept in their thesology that you either obey the prophet and your prophet head, your father, marry when warren jeffs tells you to do. and the women in essence are sort of uneducated. i don't want to be cruel. but under educated breeding stock for these people. they don't go out and recruit other people. they grow from within with young women just like what was in that report. and for men to come now forward and say, oh, we're aghast that this was happening in our community is a bold-faced lie. >> quickly, mike, how big a deal is this trial? we heard from gary's report that he's making all these calls, thousands of dollars worth of calls, essentially controlling this sect. how big a deal is this trial? how big a fact that warren jeffs is going to go through this? >> this story didn't begin with the raid. it's not going to end with this trial. it's a
she believes that warren jeffs is god's messenger on earth. she was born. and she's been also taught that if she rejects his teachings she will burn in the hottest points of hell, a very literal concept in their thesology that you either obey the prophet and your prophet head, your father, marry when warren jeffs tells you to do. and the women in essence are sort of uneducated. i don't want to be cruel. but under educated breeding stock for these people. they don't go out and recruit other...
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Jul 19, 2011
07/11
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and elizabeth warren. know this nominee is bad at so far is this. >> i'll bet $400, please, alex. >> here is the clue first. group which topped the country charts with the following song about a truck driver. listen. ♪ roll on, highway ♪ roll on along ♪ roll on, daddy, ♪ till you get back home ♪ roll on family ♪ roll on crew ♪ roll on mama ♪ like i asked you to do ♪ roll on, 18-wheeler ♪ roll on >> who are the bandits. >> no. i sensed you were drawing a blank on that. it's a popular group too in country music. alabama. >> the bandits? foreshadowing, because now he gets to go after them. richard cordray, five-time "jeopardy" champion, first-time candidate for the leader of the new consumer protection agency. i will take standoff for $1 trillion, alex. >>> over the past week, our best new thing in the world today has repeatedly involved the amazing, nail biting, this is why people love sports sport. that was team usa's thrilling, harrowing, brink of elimination run through the world cup of soccer this past w
and elizabeth warren. know this nominee is bad at so far is this. >> i'll bet $400, please, alex. >> here is the clue first. group which topped the country charts with the following song about a truck driver. listen. ♪ roll on, highway ♪ roll on along ♪ roll on, daddy, ♪ till you get back home ♪ roll on family ♪ roll on crew ♪ roll on mama ♪ like i asked you to do ♪ roll on, 18-wheeler ♪ roll on >> who are the bandits. >> no. i sensed you were drawing...
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Jul 18, 2011
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but not confirmbibab confirmabl problem only for warren. today, president obama announced his candidate from ohio. what do you think of him, mr. president? >> i asked elizabeth to find the best possible director of the bureau and that is who we found in richard cordrey. >> but the only problem, he is not confirmable either and not that the resume is thin, because he has a great e reputation in consumer protection circles and very forward in the foreclosure fraud, and he is within of the first to come help her agency, but the problem is that the republicans won't confirm anyone, because they don't want the agency to exist in the first place. rich mcconnell said it is not e liz warren-specific, but it's any nominee. this may be a decision that the republicans come to regret. because warren has another option that she is taking pretty seriously, challenging scott brown in the 2012 election and roll call reporter said that the counter sure looks like a scheduled woman who is considering a senate bid. in recent weeks, warren has met in person or
but not confirmbibab confirmabl problem only for warren. today, president obama announced his candidate from ohio. what do you think of him, mr. president? >> i asked elizabeth to find the best possible director of the bureau and that is who we found in richard cordrey. >> but the only problem, he is not confirmable either and not that the resume is thin, because he has a great e reputation in consumer protection circles and very forward in the foreclosure fraud, and he is within of...
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Jul 30, 2011
07/11
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what were the threats from warren jeffs today in court?a courtroom after he repeatedly interrupted court proceedings. the judge send the jury out. the jury couldn't believe what he was saying about polygamy and why his religion is so great. then after the jury left, warren jeffs who says he's a prophet, the closest man on earth to god, said he had received a letter from god and wanted to read it to the judge. "i the lord god of heaven ask the courts to cease the prosecution of my holy way. there will be a judgment against all who prosecute the church. i shall let all people know of your unjust ways. i will bring sickness and death. let this cease". now the judge as you might expect took that as a threat and she said if you say that when the jury is here i will kick you out of the courtroom. he said i'm not issuing a threat. this is just a message i received. >> was this that an actual letter from god? or did he transcribe it? did he explain how he got a letter from god? >> well, no. but i will tell you that some courtroom observers and som
what were the threats from warren jeffs today in court?a courtroom after he repeatedly interrupted court proceedings. the judge send the jury out. the jury couldn't believe what he was saying about polygamy and why his religion is so great. then after the jury left, warren jeffs who says he's a prophet, the closest man on earth to god, said he had received a letter from god and wanted to read it to the judge. "i the lord god of heaven ask the courts to cease the prosecution of my holy way....
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Jul 19, 2011
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in an interview with the white house, legendary investor warren buffett expressing some optimism that a deal can be made despite the standoff. >> we cannot go to august 2nd and tell the rest of the world because we're having this little fight in 0 our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of immaturity that i don't believe this congress is up to. so i, it will happen. we'll get something and in the end, we have to get something. but why not aim high rather than aim low? >> but americans are decidedly more pessimistic about the way washington is handling the crisis. according to a new "u.s.a. today"/gallup poll. nearly half say that the president obama and the current congress are doing a worse job than previous leaders in solving the nation's problems. nearly four in ten say their performance is the worst they have seen in their lifetimes. >>> president obama officially naming former ohio attorney general, richard cordurey as his nominee to headed consumer protection bureau. the a
in an interview with the white house, legendary investor warren buffett expressing some optimism that a deal can be made despite the standoff. >> we cannot go to august 2nd and tell the rest of the world because we're having this little fight in 0 our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of immaturity that i don't believe this congress is up to. so i, it will happen. we'll get...
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Jul 20, 2011
07/11
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he also think elizabeth warren for here -- thanked elizabeth warren for her contributions. guest: this is still a bit of a mystery exactly why the white house chose this particular route. in part, because 44 senate republicans said they will not vote to confirm anyone until there are changes in the structure, so that natally ranges -- raises the question of it she conceived of the idea and setting it up, why not nominate her? we do not presely know the answer to that question. i suspect the white house decided there was advantage in trying to have been invented in not nominating born. yesterday she moved immediately in a very proud nation as advocacy role that is hard to pull off if you art of regulator at that time. there may be logic there as well. she is also working hard to bring on board the sort of demoatic interest groups whose support the cfpb. suspect there was a role she could play onll cited one not work on the inside. the: we'realking about consumer fincial protection bureau and the man nominated to be the new head of its. he would be the first head of it if he
he also think elizabeth warren for here -- thanked elizabeth warren for her contributions. guest: this is still a bit of a mystery exactly why the white house chose this particular route. in part, because 44 senate republicans said they will not vote to confirm anyone until there are changes in the structure, so that natally ranges -- raises the question of it she conceived of the idea and setting it up, why not nominate her? we do not presely know the answer to that question. i suspect the...
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Jul 29, 2011
07/11
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box two, polygamist cult leader warren jeffs breaking silence in court today. what he had to say. the soldier accused of planning an attack at ft. hood defiant in court and what he said about the alleged plot unless breaking news changes everything. but, first, from fox at 3:00, we are almost out of time from presbyterian today -- from president obama as the government inches closer to a default. the deadline for a deal is tuesday and lawmakers are in a political stand off over the details. and now a look at the house floor where the republican speaker, john boehner, is once again pushing for a vote on his plan. this after an embarrassing delay last night because the speaker could not get the needed support from his party. today? they try again. >> good moment of practical politics. we will get there. this is very important. >> democrats accuse the speaker of caving to his party's right wing. >> speaker boehner should give it up. he throws piece after piece of red meat to the right wing lion that seems to dominate his caucus. it is time he tamed that lion for the good of the count
box two, polygamist cult leader warren jeffs breaking silence in court today. what he had to say. the soldier accused of planning an attack at ft. hood defiant in court and what he said about the alleged plot unless breaking news changes everything. but, first, from fox at 3:00, we are almost out of time from presbyterian today -- from president obama as the government inches closer to a default. the deadline for a deal is tuesday and lawmakers are in a political stand off over the details. and...
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Jul 28, 2011
07/11
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drama today at the sexual assault trial of polygamist sect leader warren jeffs.rs lose their battle to suppress evidence they don't want the jury to see. we'll have more on that just ahead >>> also a key meeting between dominic strauss kahn's accuser that former maid and new york prosecutors. will prosecutors press forward with the maid's case? details ahead. transitions adapt to changing light so you see a whole day comfortably and conveniently while protecting your eyes from the sun. ask your eyecare professional which transitions lenses are right for you. female announcer: thanks to the eyeglass guide, it's never been easier to find the right pair of eyeglasses. check out eyeglassguide.com today, brought to you by transitions. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the
drama today at the sexual assault trial of polygamist sect leader warren jeffs.rs lose their battle to suppress evidence they don't want the jury to see. we'll have more on that just ahead >>> also a key meeting between dominic strauss kahn's accuser that former maid and new york prosecutors. will prosecutors press forward with the maid's case? details ahead. transitions adapt to changing light so you see a whole day comfortably and conveniently while protecting your eyes from the sun....
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Jul 19, 2011
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he also think elizabeth warren for here -- thanked elizabeth warren for her contributions.uest: this is still a bit of a mystery exactly why the white house chose this particular route. in part, because 44 senate republicans said they will not vote to confirm anyone until there are changes in the structure, so that naturally ranges -- raises the question of it she conceived of the idea and setting it up, why not nominate her? we do not precisely know the answer to that question. i suspect the white house decided there was advantage in trying to have been invented in not nominating born. yesterday she moved immediately in a very proud nation as advocacy role that is hard to pull off if you art of regulator at that time. there may be logic there as well. she is also working hard to bring on board the sort of democratic interest groups whose support the cfpb. i suspect there was a role she could play on all cited one not work on the inside. the: we're talking about consumer financial protection bureau and the man nominated to be the new head of its. he would be the first head
he also think elizabeth warren for here -- thanked elizabeth warren for her contributions.uest: this is still a bit of a mystery exactly why the white house chose this particular route. in part, because 44 senate republicans said they will not vote to confirm anyone until there are changes in the structure, so that naturally ranges -- raises the question of it she conceived of the idea and setting it up, why not nominate her? we do not precisely know the answer to that question. i suspect the...
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Jul 19, 2011
07/11
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warren. this is simply not the case. road to confirmation may not be much easier. in may, 44 senate republicans sent president obama a letterçç threatening to withhold support for any nominee. and the top republican on the banking committee-- alabama's richard shelby-- issued a statement yesterday, saying: "until president obama addresses our concerns by supporting a few reasonable structural changes, we will not confirm anyone to lead it. no accountability, no confirmation." today, the president made light of the difficult confirmation process, citing cordray's statuç as a five-time "jeopardy" champion in the 1980s. >> that's why all of his answers at his confirmation hearings will be in the form of a question. that's a joke. >> woodruff: the agency, which officially begins work thursday, will be independent of other regulators but funded by the federal reserve. for more on about this agency and its new nominee, we're joined by jeff madrick is a senior fellow at the liberal- leaning roosevelt institute. he's a regular
warren. this is simply not the case. road to confirmation may not be much easier. in may, 44 senate republicans sent president obama a letterçç threatening to withhold support for any nominee. and the top republican on the banking committee-- alabama's richard shelby-- issued a statement yesterday, saying: "until president obama addresses our concerns by supporting a few reasonable structural changes, we will not confirm anyone to lead it. no accountability, no confirmation."...
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Jul 28, 2011
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drama today at the sexual assault trial of polygamist sect leader warren jeffs.ppress evidence they don't want the jury to see. we'll have more on that just ahead. >>> also a key meeting between dominic strauss kahn's accuser that former maid and new york prosecutors. will prosecutors press forward with the maid's case? details ahead. [ male announcer ] you know there are germs on every surface in your mouth. but did you know those same germs can build up and form a resilient layer called biofilm? biofilm germs are strong enough to survive daily brushing. thankfully, there's listerine® antiseptic. its triple-action formula goes deep to penetrate biofilm, kill germs and protect your mouth for up to 12 hours. aaaahhhh... [ male announcer ] for a deeper clean, fight biofilm with listerine®. and today, we're re-inventing aspirin for pain relief. with new extra-strength bayer advanced aspirin. it has microparticles so it enters the bloodstream faster and rushes relief right to the site of your tough pain. ♪ in fact, it's clinically proven to relieve pain twice as fast
drama today at the sexual assault trial of polygamist sect leader warren jeffs.ppress evidence they don't want the jury to see. we'll have more on that just ahead. >>> also a key meeting between dominic strauss kahn's accuser that former maid and new york prosecutors. will prosecutors press forward with the maid's case? details ahead. [ male announcer ] you know there are germs on every surface in your mouth. but did you know those same germs can build up and form a resilient layer...
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Jul 28, 2011
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>> >> on the part of warren jeffs, shep, it was dead silence. he did not say a word in court. he just sat there at the defense table staring down. so the judge allowed the prosecutors to begin calling their first witnesses and still jeffs remained silent. even though he is representing himself, his lawyers are still in court watching in case they are needed. during a break they finally pulled him aside and told him that silence in this case when you are your own lawyer is a very bad strategy, shep. >> shepard: trace, what did the prosecution have to say through this? >> well, the prosecution's opening statements lasted about 35 minutes and they stunned the courtroom when they said they would during this trial play an audiotape of warren jeffs allegedly assaulting a 12-year-old girl. but the woman who filed the first charges against warren jeffs says that it was commonplace for him to marry children. listen to her. >> for warren to choose a 12-year-old girl or even a young bride, it was actually considered a gift to that girl. and the people wouldn't just be okay with it they w
>> >> on the part of warren jeffs, shep, it was dead silence. he did not say a word in court. he just sat there at the defense table staring down. so the judge allowed the prosecutors to begin calling their first witnesses and still jeffs remained silent. even though he is representing himself, his lawyers are still in court watching in case they are needed. during a break they finally pulled him aside and told him that silence in this case when you are your own lawyer is a very bad...
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Jul 18, 2011
07/11
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i asked elizabeth warren to set up the new borougubor bur burea.he is making sure credit card loans and contracts are simpler, and written in english. already, for example to the leadership of the bureau, we're seeing men and women in uniform getting more protections against fraud and deception, when it comes to financial practices. and as part of her charge, i asked elizabeth to find the best possible choice for director of the bureau. and that's who we found in richard cordray. richard was one of the first people that elizabeth recruited. he has helped stand up the bureau's enforcement in the last few months. he took this job, which meant being away from his wife and 12-year-old twins back in ohio, because he believed so deeply in the mission of the bureau. prior to this as ohio attorney general, rich helped cover billions of dollars in things like pension funds on behalf of retirees and stepped up the state's practices against scupulous spending practices. democrats and republicans, banks and consumer advocates. now, last but not least, back in
i asked elizabeth warren to set up the new borougubor bur burea.he is making sure credit card loans and contracts are simpler, and written in english. already, for example to the leadership of the bureau, we're seeing men and women in uniform getting more protections against fraud and deception, when it comes to financial practices. and as part of her charge, i asked elizabeth to find the best possible choice for director of the bureau. and that's who we found in richard cordray. richard was...
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Jul 28, 2011
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the judge now allowing warren jeffs to represent himself.uld face life in prison for assaulting two underage girls, t,r as he puts it.time he has a one claimed in 2001 when she was 14 this "prophet," forced her to marry and have sex with her 19-year-old first cousin. and now trace is in los angeles, he tried to delay this trial again, right? trace -- >>trace: the judge said the trial would begin, the 7th legal team warren jeffs fired telling the court and i quote, "the condition of my represent defense is such i cannot use them. they not having all the needed understanding from my defense which was for representation by one who knows and understands the facts of these truths, and warren jeffs claims this is all about religious freedom. >>shepard: we are learning more of what happened inside the fundamentalist mormon commune, right? >>trace: and the woman you talked about, is the one who gave us a stunning interview a short time ago, giving insight into what goes on in the polygamist sect and says describing warren jeffs as a man who controls
the judge now allowing warren jeffs to represent himself.uld face life in prison for assaulting two underage girls, t,r as he puts it.time he has a one claimed in 2001 when she was 14 this "prophet," forced her to marry and have sex with her 19-year-old first cousin. and now trace is in los angeles, he tried to delay this trial again, right? trace -- >>trace: the judge said the trial would begin, the 7th legal team warren jeffs fired telling the court and i quote, "the...
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Jul 19, 2011
07/11
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but it was elizabeth warren who was, in essence, the founding mother of the agency to help consumers get straight talk from banks and d edit agencies. she was passed over for the top job. what happened? what's next for her? abc's jake tapper now. >> reporter: he didn't nominate her to run the brand-new consumer protection bureau but the president today made sure to give credit to harvard law professor elizabeth warren who came up with the idea for the agency and, since september, has been setting it up. >> let's face it, she's done it while facing some very tough opposition and drawing a fair amount of heat. >> reporter: so much heat, republicans threatened to block her nomination. on her way out the proverbial door, warren told us today that the bureau is on its way to making credit card and mortgage companies simplify their contracts and setting up a national consumer complaint hotline. >> nobody's responsible to the american consumer. nobody's looking out for american families. we started that. we're under way. >> reporter: you're the one who came up with the idea in this journal
but it was elizabeth warren who was, in essence, the founding mother of the agency to help consumers get straight talk from banks and d edit agencies. she was passed over for the top job. what happened? what's next for her? abc's jake tapper now. >> reporter: he didn't nominate her to run the brand-new consumer protection bureau but the president today made sure to give credit to harvard law professor elizabeth warren who came up with the idea for the agency and, since september, has been...
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Jul 9, 2011
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warren, yourself and u.s. bank ceo richard davis documented meetings held march march 10th in 2011 and march 11th of 2011. what was the nature of these meetings and was anything but the settlement discussed in those meetings? >> what mr. davis to as you say is the ceo of u.s. bank and i've had the opportunity to talk on several occasions in the past about a variety of issues, the nature of my role in particular is to lead the of markets and regulations, and indeed my intent and the division's intent is to make sure that which we do from a policy point of view is simultaneously ground in the empirical analysis on the one hand and a deep grounding and the pragmatism of what actually happens in the marketplace. to my recollection any conversations with mr. davis and or his team have been with that in mind and in particular the meeting that you were discussing i recall professor who warren actually prefaced some of that meeting with an explicit statement that what that meeting is about is about the market probably
warren, yourself and u.s. bank ceo richard davis documented meetings held march march 10th in 2011 and march 11th of 2011. what was the nature of these meetings and was anything but the settlement discussed in those meetings? >> what mr. davis to as you say is the ceo of u.s. bank and i've had the opportunity to talk on several occasions in the past about a variety of issues, the nature of my role in particular is to lead the of markets and regulations, and indeed my intent and the...
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warren. let's try to focus on the substance because i've actually heard very little substance here today. there are better ways to solve our problems. and i hope that this committee will be part of this. so i thank the chairman. i see that my time has about expired. >> will the gentleman yield? >> i'd be delighted. >> we worked together for a long time, and i join with you in wanting this hearing and any talking points part of any member, junior or senior, to be about our oversight. i do agree with you on the simplification. patrick mchenry offered a bill a number of years ago and continues to support it. i hope that all of us understand that our jurisdiction here is limited. we're here to discuss the -- weather dodd-frank got it right for the organization. whether professor warren is now finding things which are poorly defined within the statute that she is working and her 400 employees are working to try to resolve. whether some committee, probably financial services primarily needs to revi
warren. let's try to focus on the substance because i've actually heard very little substance here today. there are better ways to solve our problems. and i hope that this committee will be part of this. so i thank the chairman. i see that my time has about expired. >> will the gentleman yield? >> i'd be delighted. >> we worked together for a long time, and i join with you in wanting this hearing and any talking points part of any member, junior or senior, to be about our...
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now did you hear what i just heard there lies actually thinks that professor elizabeth warren in the consumer financial protection bureau might bully the banks the big bad bureau is going to bully the poor helpless little banks how sad how low i think of the banks and need to be bullied a little bit i'm not advocating for violence here but i think that those bakers need to be held accountable for the economic mess that they've created i still understand what world they are living it you know the economic collapse of two thousand and eight can be traced directly back to the big banks and wall street greed and corruption across the boards of the u.s. and the world economy into a dive that we're still trying to recover from i says friends the republicans have all gone out of their way to attack professor warren the person that president obama wants to run the new consumer financial protection bureau because they see her as the boogie man or woman simply because she believes that the consumer deserves as much protection as the banks do you see the bureau's cash to begin operating and a w
now did you hear what i just heard there lies actually thinks that professor elizabeth warren in the consumer financial protection bureau might bully the banks the big bad bureau is going to bully the poor helpless little banks how sad how low i think of the banks and need to be bullied a little bit i'm not advocating for violence here but i think that those bakers need to be held accountable for the economic mess that they've created i still understand what world they are living it you know...
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she is 22, now married with two kids but she says when she was 14 that warren forced her to marry herar-old first cousin, and she brought charges, he was convicted but the conviction was overturned. and she was a member of the fundamentalist mormon church which of court has nothing to do with the mormon church and says and i quote, "many people don't understand the people in these closed communities can't just walk out of them, it takes a choice about warren," she goes on to tell "good morning america" "he wasp -- was much like a prince but the mouthpiece of god because god what in our prophet and can'ted a lot respect and we all feared him very much." of course he now is facing life in prison all over again. >>shepard: many believe he is still controlling his followers from jill, is that right? >>trace: yes, they believe he has a firm grip on his followers from jill and that he will, until the day he dies. the texas sheriff says he has actually fed $23,000 on phone cards, leading them to believe he is giving orders, controlling his followers over the phone. there are even some who be
she is 22, now married with two kids but she says when she was 14 that warren forced her to marry herar-old first cousin, and she brought charges, he was convicted but the conviction was overturned. and she was a member of the fundamentalist mormon church which of court has nothing to do with the mormon church and says and i quote, "many people don't understand the people in these closed communities can't just walk out of them, it takes a choice about warren," she goes on to tell...
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we appreciate professor warren spahn willingness to cleavers chedule -- warren's willingness. i know the american people want to know more about agency that you dedicated in some ways your whole life and certainly the last year to building up. the american people do not understand all of the history that goes into your preparation for this, and i believe today is an opportunity for us all to get a better understanding of that. additionally, the definition " of financial products protection is one that people do not understand. quite frankly, it may apply to pay loans, but that was not the basis for dodd-frank. dodd-frank was about making sure that we never again have a meltdown.because of certain types of credit instruments that were not safe, and sound, poorly documented, and ultimately worth less than they were intended to, but it is clear today that we will be dealing with an agency that will be far larger. the budget for next year is estimated to be larger than the two largest consumer protection agencies combined. a lot of money. additionally, the authority of this agency
we appreciate professor warren spahn willingness to cleavers chedule -- warren's willingness. i know the american people want to know more about agency that you dedicated in some ways your whole life and certainly the last year to building up. the american people do not understand all of the history that goes into your preparation for this, and i believe today is an opportunity for us all to get a better understanding of that. additionally, the definition " of financial products protection...
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. >> what do you say to minnesota state senator warren limmer the author of this ballot initiative who wants to ban same-sex marriage in your state? what do you say to him? >> i would say the people didn't ask to vote. people should not vote on human rights. it was -- it just kind of came out of the blue, though he was kind of planning it for years. we have a budget problem in minnesota. all these people were elected to create jobs, balance the budget. they were not asked to legislate on gay marriage. >> your son died defending our country and defending and fighting for our rights and our freedoms. and now i would imagine that you think his rights and freedoms are being taken away because he was a gay soldier, openly gay what do you think he would say about this initiative? do you think he would be fighting to keep it off the ballot and you think he would be fighting against the senator?
. >> what do you say to minnesota state senator warren limmer the author of this ballot initiative who wants to ban same-sex marriage in your state? what do you say to him? >> i would say the people didn't ask to vote. people should not vote on human rights. it was -- it just kind of came out of the blue, though he was kind of planning it for years. we have a budget problem in minnesota. all these people were elected to create jobs, balance the budget. they were not asked to...
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let's demonize elizabeth warren. let's discredit the consumer agency by attacking the person that i think should be the head of it. what did they convict her of? i guess i elizabeth warren should take comfort from the fact that the worst thing based -- i guess elizabeth warren should take comfort from the fact that the worst thing they can come up with to discredit her is that a woman charged with protecting consumers and looking out for consumer interests proposed a plan for dealing with the mortgage situation. how terrible of her? shame on her that she would actually sit down and try to figure out what she thought was best and submitted in a -- non-coercive way. i do not think anybody has ever said that elizabeth warren threatened to beat me up. come save me and protect me from elizabeth warren. i would just say this -- >> i would like at least 30 seconds to respond to that. >> you can finish in 10 seconds. >> i do not understand that we go back and forth and response. i will offer to anyone who feels threatened by
let's demonize elizabeth warren. let's discredit the consumer agency by attacking the person that i think should be the head of it. what did they convict her of? i guess i elizabeth warren should take comfort from the fact that the worst thing based -- i guess elizabeth warren should take comfort from the fact that the worst thing they can come up with to discredit her is that a woman charged with protecting consumers and looking out for consumer interests proposed a plan for dealing with the...
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but why didn't conservatives like warren?ome feared a heavy-handed approach to the financial industry, wall street in particular. that opposition could have led to a nasty confirmation battle during a time when big money and every vote counts. but it's unclear about the nomination process. >> we've added another huge powerful regulator on top of a system that everyone agrees is broken and hasn't decided how it's going to work together. >>> wolf? >> thank very much. >> joining us from the white house is elizabeth warren. thanks very much for coming in. >> it's a pleasure to be here. >> why do you think you're so controversial? >> you know, i'm going to say, i really don't get it. the stuff i work on are things like how bad fine print is. and how it is that credit agreements should not be written in language that ordinary folks can't read. and understand. and why it shouldn't take an army of folks, of lawyers to be able to interpret a mortgage agreement for you. that's stuff all kinds of folks think are good things for hard wor
but why didn't conservatives like warren?ome feared a heavy-handed approach to the financial industry, wall street in particular. that opposition could have led to a nasty confirmation battle during a time when big money and every vote counts. but it's unclear about the nomination process. >> we've added another huge powerful regulator on top of a system that everyone agrees is broken and hasn't decided how it's going to work together. >>> wolf? >> thank very much. >>...
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that leaves warren free to run for the u.s. senate and possibly challenge scott brown for his massachusetts senate seat. there are a lot of democrats who believe the only way that scott brown can be defeated is by recruiting a big-name democrat with a national fund-raising network. and if victoria kennedy is not there to run and she has all but said she's not there to run, the only other person they can come up with is elizabeth warren. keep a very close eye on that as we come up. >>> all right. governors say the budget debate is a lose/lose proposition for them, whether it's through federal spending cuts or a failure to raise the debt ceiling, either way, governor says they'll have to do more with less. with us now, martin o'malley, with the democratic governor's association. you are governor of one of the eight states that has a aaa credit rating. maryland, virginia, iowa, delaware, north carolina, and utah. but when you got your credit rating reaffirmed, there was a warning that came with it. tell us about the warning. >> it
that leaves warren free to run for the u.s. senate and possibly challenge scott brown for his massachusetts senate seat. there are a lot of democrats who believe the only way that scott brown can be defeated is by recruiting a big-name democrat with a national fund-raising network. and if victoria kennedy is not there to run and she has all but said she's not there to run, the only other person they can come up with is elizabeth warren. keep a very close eye on that as we come up. >>>...
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. >> shepard: new details tonight in the case against the polygamist cult leader warren jeffs the mannce graced the most wanted list alongside usama bin laden. a woman claimed in 2001 when she was but 14 years old this leader of sorts, prophets jeffs forced her to marry and have sex with her 19-year-old first cousin. now he is accused of sexually assaulting two underaged girls himself who he later married. opening statements for the trial set for tomorrow. today a judge blood a major blow to the defense. lawyers argued a 2008 raid on zion ranch based on false information. the judge said the police acted in good faith and refused to exclude the evidence that they collected. trace gallagher with the news live in the west coast. we are hearing from that woman, i guess, who made that earlier claim against warren jeffs. >> and she says, shep, the evidence in this trial will open the world's eyes and shock the world. she is alyssa wall. she is now 22 years old. you pointed out when she was 14 she says that warren jeffs forced her to marry her 19-year-old first cousin. she brought charges ag
. >> shepard: new details tonight in the case against the polygamist cult leader warren jeffs the mannce graced the most wanted list alongside usama bin laden. a woman claimed in 2001 when she was but 14 years old this leader of sorts, prophets jeffs forced her to marry and have sex with her 19-year-old first cousin. now he is accused of sexually assaulting two underaged girls himself who he later married. opening statements for the trial set for tomorrow. today a judge blood a major blow...
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i don't care about warren buffett's tax rate and the american people don't care about warren buffett'sax rate. i care about tax rate of the small businesses that if they eke out a profit in the business, it goes through that personal income. if they invest it and get gain on the capital, they will be double taxed. that is the group that is primarily affected. this thing about the warren buffett tax rate is just playing the class warfare card. this thing about people flying around in corporate jets is class warfare. i am concerned about the $15 million people who do not have a job and they are not going to get jobs with more government spending. they are only going to get jobs when the business sector, the engine starts to grow again. you've got to add certainty to what is going to happen in the future before businessmen and business women start to grow the economy. >> chris: you said this week that you oppose construction of a new mosque in murphy's borough, tennessee, close to nashville. >> yes. >> chris: they have operated, muslim worshipers and another site there for more than 20 ye
i don't care about warren buffett's tax rate and the american people don't care about warren buffett'sax rate. i care about tax rate of the small businesses that if they eke out a profit in the business, it goes through that personal income. if they invest it and get gain on the capital, they will be double taxed. that is the group that is primarily affected. this thing about the warren buffett tax rate is just playing the class warfare card. this thing about people flying around in corporate...
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president obama bypassed elizabeth warren to nominate richard cordray today to head the new consumertection agency. correspondent shannon bream look at the republican opposition to the pick, the agency itself and how it could impact the 2012 race. >> i am happy about this. this is a moment for celebration. >> for more than a year, elizabeth warren fought to get the new consumer financial protection bureau part of the dodd-frank regulatory law up and running, but today president obama nominated former ohio attorney general richard cordray to lead the bureau as the first director. warren said she recruited cordray and stands with those calling for quick confirmation. >> we believe richard cordray is the right person. president believes he is. the record is exemp rarely. the record in ohio is impressive. he is the right person for job. >> the backlash from some g.o.p. senators was swift. not directed at cordray. instead they renew objection to the new agency itself. shelby said, "until president obama addresses our concerns by supporting reasonable structural changes we will not confirm
president obama bypassed elizabeth warren to nominate richard cordray today to head the new consumertection agency. correspondent shannon bream look at the republican opposition to the pick, the agency itself and how it could impact the 2012 race. >> i am happy about this. this is a moment for celebration. >> for more than a year, elizabeth warren fought to get the new consumer financial protection bureau part of the dodd-frank regulatory law up and running, but today president...
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there are more of them than warren buffet. i don't care about warren buffet. care about the tax rate of the small businesses if they eck out a profit it goes to personal income and if they get gain on the capitol they will be double taxed. that is the affected . this whole thing about warren buffet is playing the class warfare card. it is talking about people flying around in corporate jets is class warfare. i am concerned about the 15 million people who don't have a job and will not get it with more government responding. they will get jobs when the business sector and engine start to grow again. but what is happening in the future before business men and women start to grow this economy. >> you said this week. you oppose contruction of the new mosque in tennessee close to nashville. they have operated, muslim worshippers at another site for more than 20 years. what is your objection to the new mosque. >> one of my guiding principles, chris, if you want to know the solution to the problem and understand the problem go to the source close to the problem. i tal
there are more of them than warren buffet. i don't care about warren buffet. care about the tax rate of the small businesses if they eck out a profit it goes to personal income and if they get gain on the capitol they will be double taxed. that is the affected . this whole thing about warren buffet is playing the class warfare card. it is talking about people flying around in corporate jets is class warfare. i am concerned about the 15 million people who don't have a job and will not get it...
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warren said, let me put up what she said about this her son -- listen to what elizabeth warren said. say, this agency is not partisan. families across the country who can't read their credit cards because they think that the terms are written in some other language, that's not a republican versus democrat issue. that's a real issue about whether or not we should have a set of rules that work for regular middle class families. >> congressman, how do we get the american people do t.o. understand there is not about partisan, this is about fairness in terms of financial regulation. >> for all of the people who have had their homes foreclosed and people who have lost their jobs, it is becoming increasingly clear that this is really an republican oor or democrat question. it is question of whether the economy we have known in the past will ever come back. without the confidence of regulatory agency, the banking system is never going to come back it what it was before. businesses are not going to be able to get loans. and i really think that this is -- this is probably the toughest and most
warren said, let me put up what she said about this her son -- listen to what elizabeth warren said. say, this agency is not partisan. families across the country who can't read their credit cards because they think that the terms are written in some other language, that's not a republican versus democrat issue. that's a real issue about whether or not we should have a set of rules that work for regular middle class families. >> congressman, how do we get the american people do t.o....
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. >> you play warren buffet. >> i am warren buffet. >> you are buffet. >> you know my misgivings hanknd soon as they trade for themselves, the risk managers lost control. >> you like him even though he makes money. >> all capitalist should be like warren buffet and be taxed more. >> he said he should be taxed more. but he could give that money to the government straight out. >> why don't we tax him more? >> we want to stimulate the economy and hoping he spends more money. >> get to the movie too big to fail. >> and why did the banks cause the economy to almost collapse. what was the main ingredient? >> we have seen regutions and from these guys with greed riding the money . the basketball -- >> and government regulation has to be watched closely. our paul barnie frank was watching freddie and fanny and they collapsed righturched their nose and he didn't know anything about it and that doesn't give me confidence. >> you saw barney and i yelling at each other. >> you haven't seen it >> i will send that to your house. >> you, i need some racy films. i haven't watched blue movies in a lon
. >> you play warren buffet. >> i am warren buffet. >> you are buffet. >> you know my misgivings hanknd soon as they trade for themselves, the risk managers lost control. >> you like him even though he makes money. >> all capitalist should be like warren buffet and be taxed more. >> he said he should be taxed more. but he could give that money to the government straight out. >> why don't we tax him more? >> we want to stimulate the economy...
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the trial of polygamist leader warren jeffs is set to begin today in texas.d on his yearning for zion ranch. here is a preview from trutv's "in session." >> it's just a few minutes' drive from warren jeffs' yearning for zion ranch in el dorado, texas to his jail cell, but it's been a three-year wait for prosecutors, who accuse him of sexually assaulting at least two girls, one aged 13, the other just 12. >> he's been hurting the souls of all these children. they don't know whether they're up or down. >> even one of jeffs' most loyal followers has been ex-communicated by jeffs and lost the luster for his leader. >> willie definitely still has a lot of love and respect for those folks and i think he would even say he is still a part of that community. he is just not in agreement with the leadership. what he says, the disagreement came about when he learned of the evidence against warren jeffs, that he was able to see that evidence before it became public and he came to feel that warren was, in his word, morally indefensible. >> regardless of this 180, on a pers
the trial of polygamist leader warren jeffs is set to begin today in texas.d on his yearning for zion ranch. here is a preview from trutv's "in session." >> it's just a few minutes' drive from warren jeffs' yearning for zion ranch in el dorado, texas to his jail cell, but it's been a three-year wait for prosecutors, who accuse him of sexually assaulting at least two girls, one aged 13, the other just 12. >> he's been hurting the souls of all these children. they don't know...
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this tiny town is where warren jeffs is in jail and where he will stand trial. he spent a lot of time on the phone while he has been here. in the past month, how much money has he spent, would you estimate on phone cards to make phone calls? >> roughly $3,000. >> reporter: and a similar pattern when he was in a different texas jail a few miles away. do you know how much he spent on phone cards? >> probably in excess of $10,000. >> reporter: $10,000 in the four months he was here. is that unusual? do inmates usually spend that much money -- >> no, no. >> they monitor what was said. lengthy sermons and instructions to his followers miles away, as well as to his followers in arizona and utah. if that sounds like he is still running the church from jail, he is. inside jurors say he has been ex-communicating those that disagree with him. but what it has not done is stop a growing feud between those that still believe in him and those that now believe he is a child molester. >> i would like all of you -- >> reporter: three years ago, jessop here was one of the most tr
this tiny town is where warren jeffs is in jail and where he will stand trial. he spent a lot of time on the phone while he has been here. in the past month, how much money has he spent, would you estimate on phone cards to make phone calls? >> roughly $3,000. >> reporter: and a similar pattern when he was in a different texas jail a few miles away. do you know how much he spent on phone cards? >> probably in excess of $10,000. >> reporter: $10,000 in the four months he...