This is 45 minutes. Gentlemen, please welcome politicos chief economic correspondent, ben white. [applause] i am the chief economic reporter for politico. Author of the Morning Money column. On my note, it says it is a must read for anyone who cares about wall street. I do not know if it is a must read, but we hope you read. We are honored to have the director of the Consumer Financial protection bureau. A few housekeeping notes. If you have cell phones, we would be happy to have you tweet the event. Just turn them on vibrate. I have a tab to get twitter questions if you have those for me. I would like to thank the foundation for their partnership. We are appreciative of their efforts. Here to say a few words is michael peterson, the president and chief operating officer. [applause] good morning. Welcome today. The nonpartisan mission is to increase awareness and accelerate action on americas longterm fiscal challenges. We just made it through a government shutdown. We just have a coup
Reviews were done in an adversarial basis and therefore had to be changed somewhat. If thats true you dont agree with it, why did you agree to stop sending enforcement lawyers . There was a certain message from that practice that was not the message that was intended. Weve been working hard to integrate our supervision and our enforcement elements of the bureau. Were a little different animal certainly a different animal from my experience. I had Enforcement Authority but i didnt have any sort of Examination Authority or supervisery authority. Its something i had to learn about when i came to the bureau. Most of our enforcement attorneys are in the same boat. They need to understand how the examination function works and how it is getting to a similar result. They have to understand how enforcement works when its an appropriate tool and when its not. In attempting to integrate this is one of the early judgment wes made two years early on. It seemed to me that this cost were outweighing
Are we right or wrong . Thats a pretty straightforward question. Senator hagel, please answer the question i asked. Today, do you think unilateral sanctions would be a bad idea . All this raising questions about how effective chuck hagel will be if confirmed as secretary of defense. Earlier this weekend, i sat down for a rare joint interview with the top military leadership the outgoing secretary f defense leon panetta and the chairman of the joint chiefs of staff general martin dempsey. Secretary panetta, welcome back to meet the press. General dempsey, welcome. Let me start with the man that is poised to take your place. He underwent on thursday a pretty tough round of questioning. He seemed to struggle with a lot of the answers. Of course this is chuck hagel, the former republican senator from nebraska. Look at some of his answers. I should have used another term, and im sorry. I would like to go back and change the words and the meaning. The bigger point is, what i was saying, i th
Israeli lobby in the United States senate. Are we right or wrong . Thats a pretty straightforward question. Senator hagel, please answer the question i asked. Today, do you think unilateral sanctions would be a bad idea . All this raising questions about how effective chuck hagel will be if confirmed as secretary of defense. Earlier this weekend, i sat down for a rare joint interview with the top military leadership issue the outgoing secretary of defense leon panetta and the chairman of the joint chiefs of staff general martin dempsey. Secretary panetta, welcome back to meet the press. General dempsey, welcome. Let me start with the man that is poised to take your place. He underwent on thursday a pretty tough round of questioning. He seemed to struggle with a lot of the answers. Of course this is chuck hagel, the former republican senator from nebraska. Look at some of his answers. I should have used another term, and im sorry. I would like to go back and change the words and the mea
Thats a pretty straightforward question. Senator hagel, please answer the question i asked. Today, do you think unilateral sanctions would be a bad idea . All this raising questions about how effective chuck hagel will be if confirmed as secretary of defense. Earlier this weekend, i sat down for a rare joint interview with the top military leadership issue the outgoing secretary of defense leon panetta and the chairman of the joint chiefs of staff general martin dempsey. Secretary panetta, welcome back to meet the press. General dempsey, welcome. Let me start with the man that is poised to take your place. He underwent on thursday a pretty tough round of questioning. He seemed to struggle with a lot of the answers. Of course this is chuck hagel, the former republican senator from nebraska. Look at some of his answers. I should have used another term, and im sorry. I would like to go back and change the words and the meaning. The bigger point is, what i was saying, i think what i meant