Number of important Consumer Protections, from new mortgage protections to credit cards to payday lending. An independent source said the credit card bill of rights that was supported by the cfpb saves consumers 20 billion a year. That is a huge step forward for onsumers. And the bureau has been willing to make sensible changes when it needed to. Last year they adopted amendments to the card act that would allow stayathome spouses to take out credit cards in their own names. That was commonsense fix for an unintended problem for stayathome spouses that were credit worthy and they made the decision to make them able to get these credit cards. Thats a huge step forward, i worked with it on worked with mrs. Capito across the aisle. And they continue to develop safeguards in rapidly growing areas, such as prepaid cards and other areas. In short the cfpbs work has made the lives of American Consumers and our constituents better on a daytoday basis. This bill would understood mine these resu
Gerri our top story, new momentum to put a kill switch on all cell phones. Its a way to permanently that is disable them so they are useless to thieves. Congress now taking up the issue. Smartphone theft counts for a third of all robberies in the u. S. According to the fcc take a look at these surveillance tapes. Phones snatched, people assaulted, beaten for their phones. Some victims, even killed, with me now, paul whose daughter meagan was shot and killed for the iphone. With us meagans sister. They are behind this new effort to make sure no family goes through what they went through. Welcome to you both. Great to have you here. Youre on set with me. I want you to tell me what happened to your sister. Well, my sister was walking to her car and at the time she was in st. Louis. My family lives in chicago. She was traveling there to the weekend and visit friends and play in alumni volleyball game at st. Louis university where she played volleyball. She was walking to the car calling my
Rules unless the republicans accepted the come knees. What do you know, it worked. They greeded agreed to the nominees. Then theres the long suffering nominee, Richard Cordray. Its been two years since the president chose him to lead the National Consumer Protection Bureau. Perhaps the republicans most hated agency, and he was finally confirmed as director today. The democrats can thank senator john mccain. He played a crucial role in the negotiations. Mr. President after a required amount of debate were going to move forward with the cordray nomination, which has been held up for some period of time. I would like to thank everybody on both sides of the aisle who have engaged in this debate and discussion. Michael what about thanking corecordray himself, who has had to put up with this foolishness. Harry reid was as effusive as harry reid can be in his praise of john mccain. Im going to tell one person and no one else how much i appreciate their advocacy here. Their persuasiveness, per
Mechanic. I can tell you the hazard to the environment as far as a spill and hydrocarbon emissions from rails and trucks is much more significant to the environment. When we bring them by pipeline, they use electric motors which are much more efficient and have little to no emissions at all. With regard to permanent jobs, one of the pipelines i worked on has been there since 1928. When you have jobs, jobs will continue in the future. The number you quoted earlier is very, very low. The amount of people it takes to build the pipeline. We are going to live now to the Cato Institute for marks by the czech president of klaus vaclav klause. If the European Crisis continues with no solution in sight, it is becoming clear that the problems are far more than economic. Their deep, structural, constitutional stagnant growth, unemployment, and publics distrust that are threatening the premise of the european project. Begun as a modest move toward economic liberalization among the nations of weste
Be on this stage with these remarkable, indeed, extraordinary women, and i want to recognize, if i may, very quickly, another woman of courage, the first lady was kind enough to introduce her but she marched against apartheid as a student in south africa. She worked hard in the decades since to improve the lives of women with respect to the environment and health, and i am delighted to call her my wife. [applause] as you know, i returned less than 48 hours ago from europe and the middle east where i visited the countries that represent a very Broad Spectrum of progress on gender equality, and i met with dozens of leaders, but i also listened to a lot of every day citizens. People who, like todays honorees, know that you dont have to be elected or appointed in order to make a difference. I spoke with one woman in berlin. She is muslim. She told me she is part of an organization of teenagers who have created a dialogue about equality and tolerance, so my friends, steps from the markings,