Missing in the wake of devastating flooding. At least four people are known to have died. The fast moving water has cut off entire towns and some 19,000 homes have been destroyed or damaged. This morning the danger still exists. More rain is expected today, up to 3 inches, but dryer weather is forecast for tomorrow. Jeff nguyen is in boulder. Jeff, good morning. Reporter good morning to you. You can actually hear the rushing sound of Boulder Creek directly behind me as light rain continues to fall. The hope is weather will clear up so heireai so heiress air rescues can continue. Theyre ready to be evacuated out of there as soon as we can fly. Reporter with helicopters flying sunday they went looking for victims. Christy crawford peek and her dog were rescued. We walked around the neighborhood and realized we were probably some of the only ones left. Reporter at this shelter there were notes read. One said call mom. Of course therer with cots for sleeping, food, and hugs to be shared. T
This is the cbs evening news glor good evening, everyone, i am jeff glor with a west coast ed kiss of the broadcast, the next leader of the Federal Reserve will help answer some big questions, chief among them, when will the government stop pumping billions into the u. S. Economy . We now know the person with the answers will not be the man many expected, Larry Summers has withdrawn his name from consideration. Tonight, we begin with bill plante. As chair of the National Economic counsel at the beginning of the president s first term Lawrence Summers was widely believed to be obamas first choice for the Federal Reserve job. But critics faulted summers for an overbearing attitude, bad decisions on the economy, and sensitivity to women, today, in a letter to mr. Obama he said reluctantly i have concluded any possible affirmation process for me would be acrimonious and would not serve the interests of the Federal Reserve, the administration or ultimately the interests to nations ongoing e