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profits that they make from their wrongdoing and we have the power in the appropriate case to bar someone from the securities industry so they can t live another day to defraud again. speech treasury secretary jack lew says russia must be held accountable for its incursion in the ukraine and the is considering a wide range of options. his comments came during testimony before the senate finance committee on the president s 2015 budget request. this was the senators he replaced former senator max baucus who is now the ambassador to china. this is a little more than two hours. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] good morning to all and the committee will come to order. before we begin today i want to assure everyone that you did not accidentally walk into a meeting of the energy and natural resources committee which i used t ....
gerri: who should pick up the tab for federal flood insurance? homeowners, or taxpayers? the house approving a bill to block premiums from spiking for government sponsored flood insurance. the senate could vote on the legislation by the end of this week. here to weigh in, republican congressman michael grim of new york, who cosponsored the bill. congressman, welcome to the show. so here you are, you sponsor this bill. looks like taking a step closer to becoming law. why did you back this piece of legislation? it is absolutely needed. as you just mentioned we re talking about skyrocketing premiums. premiums going up 20, $30,000, which, simply are not affordable. so we have already seen what is happening. closings being stopped at the table. people walking away pro their homes and foreclosures because their mortgages are being called. this would devastate the real estate market and hurt all these communities that are anywhere near a flood zone jo congressman, clearly pe ....
but the people in charge say they ll soon begin testing a system that could filter out most radioactive substances. officials with tokyo electric power company want to decontaminate the thousands of tons of waste water by march 2015. they say the advanced liquid processing system is the key to their plants. engineers had planned to begin using the system last month but they postponed their decision after they found water leaking out during a test run. they say chemicals may have corroded the system. so they ve reinforced it with the corrosion-proof material. workers will begin tests again on friday. they hope to have the system up and running by november. the filters cannot remove all radioactive eye oisotopes. managers still expect they ll be able to treat 500 tons of contaminated water every day. tepco is struggling to resolve that buildup of radioactive water at fukushima. over the other side of the country it faces another problem. kashiwazaki kariwa is the world ....
u.n. weapons inspectors have returned to syria to resume their work. on their last trip, they concluded that the nerve agent sarin was used in attack last month in a suburb of damascus. the inspectors are looking in to more allegations about the use of chemical weapons. they have received reports that such weapons were used at least ten times. president bashar al-assad admitted earlier this week that his regime has built up a huge stockpile but they are looking in to charges from russian leaders that opposition fighters were behind some attacks. secretary of state john kerry has signed an agreement that regulates the global trade in conventional weapons. the u.n. arms trade treaty sets standards for the cross-border movement of firearms, tanks and even attack helicopters. anytime we work cooperatively to address the illicit trade in conventional weapons, we make the world a safer place. delegates to the u.n. general assembly adopted the treaty in april. those in f ....
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