Occupation of a building there. Well have the latest on that situation and the growing demonstrations on campuses across the country. That comes as theres some optimism that a ceasefire in gaza and the release of israeli hostages could soon be reached. Wellbri you those developments out of the middle east. And also ahead a preview what we can expect in court today when Donald Trumps Hush Money Trial resumes in manhattan. Good morning and welcome to Way Too Early on this tuesday, april 30th. Im jonathan lemire. Thanks for starting your day with us. And well begin this morning with the growing unrest at Columbia University. Overnight propalestinian Student Protesters occupied a campus building. Its hamilton hall, the same building students took over back in the 1960s. That building just a few hundred feet away from the guzza encampment site. It came just hours after the university began sus spending students who refused to leave that encampment. The tents have been up for nearly two week
Obligation here for members of the senate and the house to decide its nice to belong to a Political Club, i believe to a Republican Party. I belong to the club, i was on the bowling team. I belong to things too but my oath, i took an oath and my oath was to defend the constitution of the United States not to defend my Political Club and so youre right, it has a lot to do with public pressure and its how the Congress Responds doing its job even if the majority of your constituents say, well, we are going to run somebody against you or we are going to primary you, you know, tough. If you cant stand that, dont take the oath of office, dont prom youll obey the constitution if youre not, we are not that far away. I feel impelled or compelled to say that i belong to the society but so far dean hasnt made me take an oath. I will take notes. Just to echo the what you say, i think its critically important that that congress has as an institution protect itself and prerogatives and the governmen
Margo jefferson recalls growing up among the black elite in america, will haygood on Justice Thurgood marshall. Booktv. Org for a complete schedule, and a reminder to follow us on twitter, facebook and instagram for updates all weekend. Booktv, 48 hours of nonfiction books and authors. Television for serious readers. Now, we kick off the weekend with two authors in a mock trial from freedom fest, a libertarian conference. Robert kuttner defends the Federal Reserve, and Robert Murphy prosecutes it. Lisa kennedy montgomery, host of kennedy on fox business, acts as the judge. Hear ye, hear ye, freedom fest court is now in session for this trial about the most important subject of our lives, money. [laughter] and how the governments central bank, the Federal Reserve, influences our lives every day. Judge kennedy is presiding at this hearing. All rise [cheers and applause] lets hear it. Hello, everyone. How are you . Ladies and gentlemen, members of the jury, we are gathered here in this Gr
Lets hear it. [applause] hello everyone how are you ladies and gentlemen we are gathered here in this great sovereign state to talk about the faith of the countrys banks, the Federal Reserve. We hope to discover whether the Federal Reserve kept its promise to provide a healthy economy system, full employment, stable and a lender of last resort or is it responsible for the series of the banking crisis and loss of purchasing power of the inflation in average citizen is this economy more stable or is it less stable because of the existence and did and did the fed exacerbate the crisis of 2008 or keep it from getting worse . Are we better off without the fed and if so what shall we replace it with, shall we go back to the classical standard of gold, and can i have been a plus for the classical Gold Standard . [applause] we hope to find out the answers to this most important issue and representing the defense today professor is the cofounder and coeditor of the american prospect magazine an
Over that 50 billion threshold and would save us some supervisory resources, this isnt a musthave. On living wills, the very largest banks in the country are even larger today than they were during the financial crisis, the living wills provision of dodd frank was to make sure the banks never threaten the economy again by giving regulators addition additional and only the fdic took the official position that the wills were not credible. The feds decision not to join the fdic has slowed both regulators ability to take additional action. Why would the fed voluntary give up additional authorities to force changes at problem banks . So, we took the position that this was a completely new process, and we stated this when we put out guidance on the living will process that we expected to have to work with firms for a few rounds in order to understand what we needed to see in a plan and to give firms reasonable guidance on our expectations. Last summer that is why we declined to join the fdic