president has brought authority to do what he s doing that under osha, the federal workplace safety laws, businesses are required to adhere to federal health safety standards and that protecting the public from an infectious disease, a deadly infectious disease is clearly within his rights. now, of course, that s not going to stop the lawsuits and things perhaps will get tied up in courts, but they do say he s on solid footing. so what sort of timeline do you think we re looking at here? he said the department of labor is going to draw up these requirements. as you said, there s probably going to be legal challenges. how long does this play out? are we talking weeks? months? what do you think? it s not clearly going to play out overnight. the president said it will take time to have impact. we already know for federal workers, they will have a 75-day window with which to comply. that s two months for federal workers, some 4 million workers
members were legally allowed to use inside information, information they learned through briefings or reports to make money. something regular people like us would be arrested for. why does congress get a pass on this? it s really the way the rules have been defined and the people who make the rules are the political class in washington, and they ve conveniently written them in such a way that they don t apply to themselves. reporter: the buying and selling of stock by corporate insiders who have access to nonpublic information that could affect the stock price can be a criminal offense. just ask hedge fund manager who recently got 11 years in prison for doing it. but congressional lawmakers have no corporate responsibilities and have long been considered exempt from insider trading laws, even though they have daily access to nonpublic information and plenty of opportunities to trade on it. we know that during the health care debate, people were trading health care st
occupy wall street demonstrators are taking their message where the money is. that is the banks. protesters plan to march on the offices of five major banks. today, they say they re going to deliver hows of letters to top board members of bank of america, morgan stanley, wells fargo, citigroup and jpmorgan chase. wall street ceo who says he s part of the 1%, confronts the occupy protesters who say they represent the 99%. demonstrators argued that the wealthiest 1% of americans keeps getting richer while the other 99% struggle. peter shift and a camera crew went to the park in new york to challenge him. no. we re in the 99%! wouldn t you like to get into the 1%? you don t want more money? if i offered to put you in the 1% right now and i would pay my share and get rid okay, hold on. immediately, immediately! investors are taking a step back after yesterday s huge rally. well, the dow fell 25 points in early trading. right now, it is up six points. it is encou
republicans quickly and strongly rejected the idea. the house speaker john boehner said pitting one group of americans against another is not leadership. the president is betting americans will side with him on taxes. an abc news/ washington post poll out this summer found 72% of the country supports raising taxes on wealthy americans. linsey and andrea, back to you. tahman bradley in washington. sea world in orlando is defending itself against claims it violated workplace safety laws before last year s deadly killer whale incident. you might remember that trainer, dawn brancheau, was dragged underwater by the killer whale. an investigation found sea world knew of the dangers but still required trainers to closely interact with the animals. experts and brancheau s family hope the case brings that to an end. these are wild animals, unpredictable, predatory, thinking animals that when they decide to act out there s nothing a trainer can do. the family has spent a long time hopin
workplace safety laws. the fire, the horror of it, and the sense of guilt the city felt when this was over reall forced people to begin to change attides. reporter: all the states follow and when frances perk kinz who witnessed the fire became fdr s secretary, she pushed through federal reforms as part of the new deal. today as the gravestones of the victims have faded with time, lasome of organized labor s gai that grew from the fire, like collectivebargainingare under assault. and for me, fighting to hold on to union rights and government regulation that protects working people, that s fighting for the meaning of my cousin s life. because if all the things are taken away, she will have died in vain ultimately. reporter: that triangle tragedy still resones today, 100 years later.