There is a yen and again. I get the sentiment. I want to correct the record where i can. Dan diamond a very provocative way to end the panel. If you disagree or agree with any panelists, find them in the lobby. Ununfortunately, no more time for questions. For those of you in the room, thank you very much. Those watching on the live stream, thank you also. A final thank you for philips. Make sure to join us for cocktails. Please drink responsibly. Do not share your medical information. Thank you, everyone. Thank you. [captions Copyright National cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] announcer tomorrow, president obama gives the commencement speech to students at rutgers university. Coverage begins at 12 50 on cspan. Fcc chair tom wheeler dement defended the privacy rules for Internet Service providers. He testified before the Senate Judiciary subcommittee on te
Welcome to countdown. Back to our top story. Eu leaders have given the European Commission a week to draft a new round of sanctions against russia as the conflict deteriorates. Worried the situation could get worse. I think we are close to the point of no return. The point of no return is fullscale war. Lets get more of this. Ryan chilcote has been reporting on russia for 20 years. Thats a long time. It is. Are getting really busy. We heard the ukrainian president. We also heard from the russian president yesterday in what i think was a very meaningful sayingew he gave affectively there should be talks for state had four Eastern Ukraine. You pointed out earlier a spokesman said this is not the russian president saying Eastern Ukraine should be independent. It will certainly unnerve kiev, and it certainly has a lot of people concerned putins aim is to create a land bridge from russia proper to crimea to another state. It is putting pressure on kiev. Exactly, to have this wedge between r
Brent it was arguably his most anticipated speech ever, and his meaning was, dont blame me. Batter is sounded like a politician, he is up for reelection tomorrow ahead of fee far, and it comes after calls of him to go. 0 latest latent a, the head of fifa, sepp blatter. He did not try to deny the seriousness of the situation. Sepp blatter these are unprecedented and vocal times for fifa. This brings shame and humiliation onto football and it demands action and change from us all. Flags, music, and dance. It was business as usual at fifa s usual your dance. He would not accept responsibility for the scan dal. Sepp blatter i cannot accept responsibility for everyone all of the time. I would not allow the actions of a few to destroy the hard work and integrity of the vast majority of those who work so hard for football. Pressure is mounting on blatter to not seek reelection on friday. Many pleaded for him to stand down. We went to his office, and i advised himm resign. You said, we know an
News. Uk had its best manufacturing numbers in three years but the Ukraine Tensions remain as well. Our road map begins with the markets right now futures edging higher as the nasdaq looks to bounce back from the worst threeday drop in over two years. Will i turn around . Citigroup agreeing to pay over a billion dollars to settle claims dating back to the financial crisis in 2008 but thats not the only tough news for the companys stock. Well explain in a moment . Another rough quarter for samsung, operating profit falling over 4 this year. Does the tech giant have some reason to smile . Its coming in a box this week. Well talk about that in a few minutes. First up, what will it take to end the stock markets losing streak. The nasdaq suffering another big drop closing at a two month low and down more than 6 from their recent highs hit a month ago. The dow and s p posting their worst threeday losing streaks since late january. Jim, yesterday on this show you said you would not be afraid
It is hard to have a hard view that theres a size that makes you financially significant and creating the risk. The question is, does the combination of your size, your structure, your interconnection to the system and, you know, its something that requires our ongoing analysis. Thanks very much. Time of the gentleman has expired. The chair now recognized the gentleman from wisconsin, mr. Duffy. Thank you, mr. Chairman. Welcome, mr. Lew. Its nice to see you back at the committee again. Just a couple questions on emails. How does the treasury back up their emails currently . The main treasury, i believe, has an autot2 backup, but id e to get back to you on the specific details. So with all the information about emails and backups and irs and treasury, you have no idea how your emails are backed up . Ill just}n that the main treasury is much smaller than the irs, it has different volume, so its a different kind of an email system. How about with the white house . Its my assumption that