Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Poop announced his picks for two of the most Important National security positions earlier today. For secretary of defense he nominated former republican senator chuck hagel. He chose counterterrorism advisor john brennan to head the c. I. A. Chuck hagel is the leader that our troops deserve. He is an american patriot, he enlisted in the army and volunteered for vietnam. As the Young Private and then sergeant he served with honor alongside his own brother. Hed be the first person of enlisted rank to serve as secretary of defense. One of the few secretaries whove been wounded in war and the first vietnam veteran to lead the department. A 25year veteran of the c. I. A. God knows what our National Security demands. Intelligence that provides policymakers with the facts, strong Analytic Insights and the keen understanding of a dynamic world. Given his extensive experience and travel which i
Representatives voted to increase the debt limit and extent the borrowing power of the United States until march 2015. What am i going to do with the rest of my year . Thanks to the Winter Weather system, lawmakers rushed this legislation through, avoiding an economic storm that could ruin us all. Thats what could have happened if the u. S. Started to default on itself debt on obligations. So lets be thankful to our politicians for doing what they are supposed to do. And it was americas economy that was very much on the mind of janet yellen today. In her first appearance before congress, yellen was plainspoken and easier to follow than past fed chairs. For you homeowners worried about rising interest rating, she said the fed would do it part to keep the Interest Rates low right now. And for investors she said dont get too worried about the recent volatility in the stock market. That or the debt ceiling thing helped drive a rally on wall street today. Of our economy, Financial Markets a
Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Poop announced his picks for two of the most Important National security positions earlier today. For secretary of defense he nominated former republican senator chuck hagel. He chose counterterrorism advisor john brennan to head the c. I. A. Chuck hagel is the leader that our troops deserve. He is an american patriot, he enlisted in the army and volunteered for vietnam. As the Young Private and then sergeant he served with honor alongside his own brother. Hed be the first person of enlisted rank to serve as secretary of defense. One of the few secretaries whove been wounded in war and the first vietnam veteran to lead the department. A 25year veteran of the c. I. A. God knows what our National Security demands. Intelligence that provides policymakers with the facts, strong Analytic Insights and the keen understanding of a dynamic world. Given his extensive experience and travel which i
Later this afternoon in the cnn newsroom, was he a victim . Were talking manti teo, the notre dame linebacker who he says he was the victim of a girlfriend hoax. Is it a case of he said, he said . And is it possible to stop using cash completely . The answer is yes, and well show you how. Plus, keeping in the super bowl spirit. Well take a look at some of the best football films ever made and a goat named moose. But next, bill gates says u. S. Immigration policy does not make sense. Find out what americas richest man means from Immigration Reform. Your money starts right now. More jobs in january, a bull run on wall street and a rebound in housing, all that should signal economic recovery is on the way. But with washington dysfunction standing in the way, is that a safe bet for you and your money . Im Christine Romans and this is your money. Ali velshi is off this week. The economy looks like its ready to take off, 157,000 new jobs added in january. The Unemployment Rate rising slightl
So a scary headline number isnt as bad as it seems when you look underneath. Reporter and thats what economists say Federal Reserve policy makers did. After studying the economy for two days, chairman ben bernanke and his colleagues issued what most called a no news statement. The fed says it will keep Interest Rates near zero and plans to keep buying bonds in order to keep Interest Rates low. Todays g. D. P. Report didnt change that plan. What the fed is trying to do is generate stronger labor Market Growth and labor Market Performance and we dont really have any data on that yet. So we dont have the employment report yet, so we think it is just status quo for the fed at this time. Reporter well, almost status quo. The fed continues to watch congress closely for clues about whether deep, automatic federal spending cuts will take effect in a month or congress will decide to close down parts of the government as republicans and democrats battle over the budget. I think the fed is very c