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work, officials may leave it in place until relief wells are completed. and the national tea party federation has expelled the tea party express and spokesman, mark williams. they re reacting to a blog post from williams who wrote a satirical letter to abraham lincoln on behalf of quote colored people. the tea party faction represents people across the country. jts and south carolina senatorial candidate, alvin green hit the campaign trail in his hometown just moments ago. it was his first speech since his surprise victory in the democratic primary in june. that s him sitting in the background there in the dark suit. we ll have more top stories and i ll be back in 30 minutes. building up america starts right now. airplanes and building and ranching and welding, oh my. with plenty of spirit in big businesses, the sunflower state is betting on successings even in these hard times. that s why when it comes to building up america, for some people here, there really is no plac
of this debate. he was, after all, on their turf, speaking at cooper union college just a short ride away from the new york stock exchange. i m here today specifically when i speak to the titans of industry here, because i want to urge you to join us instead of fighting us in this effort. i am here i m here because i believe that these reforms are, in the end, not only in the best interest of our country, but in the best interest of the financial sector. so i want to bring in our senior white house correspondent, ed henry, who s in new york, right there, front row seat, ed. you spent the day at the new york stock exchange. what kind of reaction are you gauging from the folks who are on the floor there to what the president said today? well, that s right. good afternoon, suzanne. it s interesting. because i was told by senior officials back in washington the president made a deliberate strategy there, as you noted, to not beat up on wall street, in large part because t
chief business correspondent, the man, where s ali? ali velshi is here and christine romans in new york. ali, let me start with you. what are you expecting to hear from the president later this hour? well, he s going to be tough. yeah. but he will look to not make enemies. the bottom line is reform won t work unless someone is at the table. it is going to be targeted. the audience will be for the financial industry and look, it s gone a long time without rules and we need to change the rules of the game because they ve failed us. that s the opposition he s getting that if you put too many rules in, it will stifle business and it will hurt jobs and people s incomes and we can put rules in. wait a minute, rules. weren t we talking about sarbanes oxley not that long ago? we ve had little changes over the years, but we haven t had a real major change for the regulation that came in after the great depression and things have changed. we re more innovative about the way we
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