exploded on them, 40%, 50% of them came from nonbanks. still today we could not be supervising those. there are 20 people who take pay day loans. 20 million. they often average two weeks. in many cases, the interest on those is 400%. because those were not banks, they're nonbanks, we could not supervise them until richard cordray was in place this makes a big difference. >> don't miss rachel maddow's unique take on politics, that's weeknights at 9:00 p.m. on msnbc. today we will learn more about changes coming to the u.s. military, adapting to what could be a trillion dollars in budget cuts over the next decade. president obama and leon panetta will detail it at a pentagon