Were not seeing a lot of movement. Oil is having its biggest oneday gain in a weeks time as the meeting is suddenly being sent to discuss any changes to financial reduction breezes. You can see oil prices are up by 3 going into that. I also want to check on the fixed income market. We got inflation data this morning. Cpi coming in higher than , risingd yearoveryear 2. 3 . You can see the 10year moving upward, and this came as we got that data out, 1. 99 . Vonnie thank you. To the breaking news. The Associated Press reported president obama is due to nominate Merrick Garland, the Supreme Court d c circuit justice to the Supreme Court nomination post. Whether he gets nominated or not , whether there are humans or not, will be examined. Lets go straight to the white house where our reporter is standing by, waiting for the president to speak. This was confirmed by the ap, not confirmed by other sources yet. Hearing anything at the white house . We are hearing from multiple sources that hav
Campaign trail. In our most recent wall street journal nbc poll, 48 , a pl pleuralty of those said the senate should take action to a nominee to the Supreme Court that the president would send this year and 55 of that same sample said that eventually president obamas nominee to the Supreme Court is entitled to an up or down vote. Were minutes away from the president making his announcement and begins of course to make the case for the confirmation battle that lies ahead. Hampton pearson in washington. Well be coming back to you in a moment. For more on todays announcement lets bring in a litigation attorney in nixon peabodys new york city office. Has written extensively on the Supreme Court nominating process. Thank you for joining us. Native of illinois, harvard grad. Was considered a contender when Justice Stevens stepped down. What should we know . So judge garland i would say is a consensus candidate as folks have been saying the last 30 minutes or so. He is known as a moderate. He
Mr. Fitzpatrick i had very Small Community banks that i visited with yesterday and they are from bucks county, pennsylvania and has to do with the subject of Overdraft Fees. There are a lot of us who have concerns that the rulemaking that your bureau is limiting smool Community Banks to provide real choices and customers could be customers and Small Business owners. And they would be owners that uld seek out riskier nonbank regulations. In regard to the Overdraft Fees and you are looking and a rule is being formulated on this issue, is that correct . Mr. Cordray yes. Mr. Fitzpatrick when is that expected to be released . Mr. Cordray the proposed rule, which will be subject to considerable comment will be released this spring. Mr. Fitzpatrick this particular bank that i met with me wanted me to and suggested whether you have any willingness to identify data and something you talked to mr. Westmoreland so banks and Financial Institutions can draw their own conclusions, is that something
There is a greater demand for partnership with us. When we talk about basing, we are discussing with the philippines right now. You may know that their court passed an important willtone recently, which all i was to do more with the philippines. And australia, particularly our marine rotations in australia. Vietnam. Who would have thought that decades ago we are doing more with vietnam . Week thank you, because we have funding,ime security which initiated in discussions with you, senator, and other members of the community. We are grateful for that. We are using that funding. The japanese, as you probably know, have adjusted and amended their parent practices. They are looking to do more with us, joint patrolling, exercising, and so forth. India, i will be there in a short while, continuing to strengthen our relationship with that country, with one billion geography, and a Capable Military that wants to partner with us as well. We do all this in order to keep going the system that has
Break off on us. Chairman, that is why we went back and got another design. We want to be good citizens with the budget. It is a critical element. It will really help our training to move into the 21st century with allowing our people to train on reallife in areas scenarios. Critical that we know we have to be very careful with the way we move forward. Just echoing what cuellar said. What is the state of planning for securing this years political conferences in cleveland, philadelphia, and backtoback weeks in july . Do you have any credible threat information regarding the events . To be held at these venues are you satisfied that your funding will be sufficient to cover all of the foreseeable security costs at the conventions . The committeehank for fully funding the campaign which includes these conventions. Is aonventions there fixed cost of 19 million. Another 20 million for associated costs with the conventions. As it is now, we have had individuals out there specifically assigned