People reach for yield now, and is an impetuous toward bubble creation and certain Asset Classes . It can be. Thats why we are watching very carefully. Is there any one particular air yaur worrying about right now in terms of asset bubbles . I mentioned leverage lending and corporate debt markets, especially lower rated companies. I think we are seeing deterioration in lending standards. We are attentive to risks that can develop that banks or others may be taking on Interest Rate risk. If Interest Rates, when Interest Rates ultimately begin to rise, that if firms or individuals have taken risks and arent adequately prepared to deal with them, that can cause distress. Among the institutions that we supervise we are certainly looking at management of Interest Rate risk. We are using stress testing in this latest round. We had specific scenarios designed to look at how large banking organizations would fare if Interest Rates were to increase rapidly. And were focused on how firms are man
Cochair of the congressional progressive caucus who has led the fight with low wage workers to raise the standard of living for good paying jobs. Congressman keith ellison. I had a constituent call me the other day and he said you know, keith, ive heard some things about this Transpacific Partnership and im concerned about it, you need to send me a copy of that bill. Of course i cannot do that. Because ive never seen it. If they show you the bill at all they show you one little title of it and then you cant have stats, you cant take notes you cant do anything. This is an invisible process. Each one of us represents somewhere in the neighborhood of 700,000 people. So when were standing in front of you whole communities, several cities. I represent 15 cities, minneapolis being the biggest one. And these people who sent me to congress expect that i will make decisions that are going to help them and theyre going to stop bills that are going to hurt them. And there is no quay in the world
Across the country today. We are asking for your thoughts on Race Relations in america. Democrats, 202 5853880. Republicans, 202 5853881. Independents, 202 5853882. Outside the u. S. , 202 5853883. You can also catch up with us on all of your favorite social media pages, twitter, facebook, or email. A very good Tuesday Morning to you. Jurydecision by the grand leading the front pages of most every newspaper. We will start with the st. Louis postdispatch. Wilson. Es for there is a picture of a Burning Police car set on fire in ferguson. The story breaking it down by the decision and the protests. The decision happening later in the evening and the protests taking place throughout the night. Here is the new york times. Fury boils over. The front page of the boston globe. Here is the front page of the chicago suntimes. Two stories, the decision and the protests. Here is the front page story of usa today. The grand jury weighed evidence and testimony before concluding that there was no pro
Mr. Speaker, for the past 20 years, as a practicing lawyer and business owner, i have seen firsthand how companies have tried to grow and create more jobs, but they simply cant due to the strangling grip of obamacares employer mandate. Small businesses tell a story of how their current plan was canceled and how they were forced by obamacare into a health plan that covers less with higher copays and higher deductibles, along with unsustainable increases in premiums. Simply stated obamacare is crushing Small Business across this great country. And despite the urgency of the crisis, the president has decided to dig himself in and promised to veto any commonsense reforms such as removing this employer mandate. So if the white house has decided not to collaborate with congress to ease the burdens on families and businesses, then the only path we have is full repeal. Along with that mr. Speaker, we need to move forward and develop Commonsense Health care reform that not only respects familie
Extension. If the president signed that . The im not sure that anybody knows what the outcome of the situation is going to be. We saw the speaker of the house going on television over the weekend to declare that he is certainly comfortable with not funding the department of Homeland Security. I am not sure what kind of an of general mlss leads to that conclusion. And im not sure that its in the best interest of the vote tabulation that i can see. But yet he said that its on the left. And i think that does raise some questions about whether or not this new governing public and majority in congress is committed to actually being responsible in acting at the best interest to get one of the things he said at the end of last year was one of his goals was to make sure that Republican Leadership didnt appear scary to the american people. He was setting the bar really low. It looks like right now they are prepared to wiggle underneath the bar. We are going to see what should emerge as a plan f