Norah plus the new Tornado Threat tonight. The Cbs Evening News starts now. Tonight, tens of millions of americans are in the path of dangerous storms from texas to vermont. Good evening, im norah odonnell, and thank you for being with us. Its a fourth straight day of Severe Weather bringing destructive wind, flooding, and tornadoes. Several twisters touched down last night in the hawkeye state, including one with winds up to 165 Miles Per Hour. And the scope of the devastation is heartbreaking. This is what the small town of greenfield, iowa, looks like from above tonight. Home after home brought to the ground. Search and rescue operations are underway right now with the governor revealing its unknown exactly how many people are dead or missing. Cbss Roxana Saberi is in greenfield tonight, talking to families who lost everything. Reporter the tornado that ripped through greenfield, iowa, left a trail of destruction several miles long. This is a Search And Rescue mission, and it will c
Thank you to our panelists. We have an Excellent Program the rest of the day but we will have a quick break before the. Just stay seated and we will get you started. If everyone could take their seats, were going to keep the program rolling. Rolling, rolling, rolling. It is that was a lively and fantastic first panel that cover the waterfront, from credit card reward points to cryptocurrency, from payment nerds to real life, what do you do when you need to access your money. And real life is really the focal point of our next speaker. Director rohit chopra has been running the cfpb. And i like to say whether you agree or disagree with what the cfpb is doing, they are doing. And that itself is a massive accomplishment in washington which i think is often underappreciated. Time in government is finite. The ability to effectuate change is one metric that we ought to judge Public Servants by. We can do a separate weather we think it was changed for the good or ill. But i can think of very
Well. I think the s p has set 23 new highs for this year. If you look at treasury yields, you will see that right now it looks like the 10 year is at 438. So lower than earlier in the week. Two year also lower at 478. If you look at some of the meme stocks, that Activity Still alive and well this morning. I will see shares of gamestop up after they fell by 30 yesterday. Amc down by 15 yesterday. But this morning it is up by 4. 3 . You have the blackberry stock up again by 1. 3 . Those stocks by the way are up come back a second. Thanks. About 83 and 72 respectively. You were here you saw the ppi, you didnt see the cpi. But i read it. And that is where the yields boom, 438. Meantime china announcing its most aggressive steps yet to revive its struggling rehe will stays sector. Beijing will have a 42 billion relending fund which they will try to put together to help local state owned companies repurpose unsold properties to public housing. China also eased Mortgage Rates nationwide and p
So this is much bigger than a motion to vacate where eight were eight republicans aligned with 208 democrats to remove the House Republican speaker. To me, this is about a lot more than that. Announcer Consumer Financial Protection Bureau director rohit chopra talked about Financial Systems and Digital Currency, including the evolution of Digital Payment systems, control over the flow of money, ecommerce, and data privacy. From the brookings institution, this is 40 minutes. If everyone could take their seats, were going to keep the program rolling. Rolling, rolling, rolling. It is that was a lively and fantastic first panel that cover the waterfront, from credit card reward points to cryptocurrency, from payment nerds to real life, what do you do when you need to access your money. And real life is really the focal point of our next speaker. Director rohit chopra has been running the cfpb. And i like to say whether you agree or disagree with what the cfpb is doing, they are doing. And
We have seen serious issues come to light. The Credit Bureau was falsely marking consumers as terrorists and we have to get to these core accuracy issues and that is something that warrants bipartisan attention about what we can do to make sure the plumbing of our Consumer Financial infrastructure is working better. We need to use the fair credit reporting act as well as other laws. I agree the commission needs to amp up its work with respect to consumer reporting. Final question, i have spoken to you about this. Im interested in this area of predictive algorithms, some is simple Data Analytics available decades ago, some is getting more robust and sophisticated. I am interested in this space because it is not clear who has jurisdiction. Some of it may be doj, some might be the fcc, algorithms that serve as a proxy for race or geographic locations or disability status and these predictive algorithms are sold as a product to a government or a company, but they are a black box because th