Sometimes when you are a conference and panel, it is like bringing friends together, and this is one case like that. Onhave real friends of nabe the dais today. Pleased to have Doug Elmendorf with us, dean of the kennedy school, professor of Public Policy and as all of you the cbo. T director of he has been in front of us many times and we always find his views and positions extremely and lightning. It is wonderful to have doug with us. It is also good to have Clint Humbert with us, glenn of financeh us, dean and economics at Columbia Business School and the past chair of the cba under george w. Bush. Finally, our moderate moderator who is ceo and president of the peterson ambition. Michael oversees stratus he strategy for the foundation and looking at the key fiscal policy challenges that we all face. Michael and the foundation are longtime supporters and back backers and we are delighted to have you. Over to you, michael. Michael thank you. The peer found Peterson Foundation is very
About the federal budget, the deficit and the debt. I am very pleased to introduce our panel. You know, some times its like bringing friends together this is one case like that. We have real friends today. So i wont belabor their introductions but this is dean of the kennedy school, professor of public policy. As all of you know past director of the cvo. We always find his views and positions extremely enlightning. It is wonderful to have doug with us and glenn who is dean of the sorry, dean and Russell Carlson professor and is the past chair of the cea under george w. Bush. Finally we have our moderator Michael Peterson who is ceo and president of the Peterson Foundation and it is longtime supporters. We are delighted to have you again here. Over do you. Thank you. Thank you. We have a great panel that will be focused on fiscal policy. As part of our roel we need to find common ground. For those with questions, fill them out and send them up and well save time at the end. I would like
About the federal budget, the deficit and the debt. I am very pleased to introduce our panel. You know, some times its like bringing friends together this is one case like that. We have real friends today. So i wont belabor their introductions but this is dean of the kennedy school, professor of public policy. As all of you know past director of the cvo. We always find his views and positions extremely enlightning. It is wonderful to have doug with us and glenn who is dean of the sorry, dean and Russell Carlson professor and is the past chair of the cea under george w. Bush. Finally we have our moderator Michael Peterson who is ceo and president of the Peterson Foundation and it is longtime supporters. We are delighted to have you again here. Over do you. Thank you. Thank you. We have a great panel that will be focused on fiscal policy. As part of our roel we need to find common ground. For those with questions, fill them out and send them up and well save time at the end. I would like
And keeps happening. Get ready to shell out a lot more for your obamacare. Turns out it was a lie, david. David just in time for the election we find this out. Back to the markets. Dow ending the day down about 50 points. Home depot, 3m, caterpillar among biggest drags. Trader Scott Shellady watching oil and gold from thlori rothmaf new york stock exchange. Lori, apple, big day for apple. How are they trading ahead of the big report . Reporter david, one story after the bell afternoon and evening here, apple, what will it say about the iphone 7 sales . Did it benefit from samsung disaster. Shares are up about 1 1 2 of 1 over the last three months or so. Shares are up about 22 . Have a look at some other movers today. Twitter shares down considerably after, expected, let me be clear, twitter expected to announce 300 layoffs that would be about 8 of its workforce. That will happen according to bloomberg ahead of its Earnings Report scheduled for thursday. Shares off struggling off 4. 25
Press, former chairman Richard Greene never agreed to the vote and former chairman leavitt rarely took the matter to a vote unless there was a 50 vote. Are there any areas you can work on with the other two commissioners to reach a unanimous decision and if so give us some examples. We certainly strive for consensus. We know everything is not unanimous. I havent figure verified it but 65 of those a unanimous but obviously it is still a percentage that has not been unanimous. I discussed with you, mister chairman and senator brown and other members of the committee as well, one thing i found as chairman, striving for that consensus, unanimity on our rulemaking, so many mandated rulemakings have been particularly the doddfrank act which the controversy was adopted continued into the implementation of those rules that we end up with an extra challenge reaching consensus because of that. In 2013 you post a comment, study on Asset Management in the office of Financial Research requested thi