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foreclosures, and he had a winning streak on a game show. what is the consumer financial protection bureau? it aims to put a stop to predatory lending. it will keep an eye on credit card fees and student loans and keep an ear on consumer complaints. because a whole lot of centers don t like the bureau, the confirmation could be, dare i say, in jeopardy. dan, tell us first why this nomination is not going to elizabeth warren? reporter: well, certainly the white house saw her as somebody that could set up the agency and had hoped that she was the person who could potentially lead the agency, but as you pointed out this was somebody who was controversial and ran up against conservatives that would not support her nomination. and one official telling me republicans in congress made clear that they don t support the agency, and they would block all efforts to confirm elizabeth warren as the permanent director. while she was somebody that essentially invented this agency, g ....
out a plan palatable to both sides, and there s a separate push for the balanced budget amendment. the president suggested this morning that the u.s. doesn t have time have for any proposals. we don t need a constitutional amendment to do our jobs. the constitution already tells us to do our jobs and to make sure that the government is living within its means and making responsible choices. so it this notion that we re going to go through a multi-year process instead of seizing the moment now and taking care of our problems is a typical washington response. we don t need more studies. we don t need a balanced budget amendment. we simply need to make these tough choices and be willing to take on our bases. everybody knows that. so august 2nd is the looming deadline. that s the day when the treasury warns the u.s. will have to decide which bills it will pay and which ones won t get paid. with no talks scheduled at the white house today, house republicans offering up t ....
she shun the media spotlight or will she try to capitalize on her supposed fame? i m wolf blitzer. you re in the situation room. president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went before reporters to keep pushing raising the debt ceiling limit before the august 2 deadline. he seems to be softening his terms somewhat. let s go to the white house. our correspondent dan lothian has the very latest. he said it time for law makers from both parties to make tough choices. he says he s been willing to put entitlement programs on the table, but even so, there s no deal tonight. and some republicans are saying it s time for the president to put his own plan on the table, not make another speech. president obama still thinks the so-called big deal option is the right deal. what s important is that even as we raise the debt ceiling, we also solve the problem of underlying debts and deficits. i m glad congressional le ....
i actually talked to him the night before the tornado and his little brother called me and said that he was trying to get home in it and that severe hail had hit his car and nobody had heard from him and that was roughly about right ten minutes after the tornado went through joplin. and i actually live in tulsa, and i was in my car on the way to joplin as soon as i got that from my youngest son. well, i hear that he was in the car with somebody else who has survive. is there any way to use that lead as a way to help track lance down? well, that lead was actually how we found the car, lance s car, and where a start point. before that, there were just massive searches in i mean an 8 block by 25 block radius. all my friends, my ex-wife s friends, my wife s friends, my friends, everyone was just looking for him. and through that kid being found at freeman hospital, we were able to locate the car, as soon as he came to, he got life flighted out of freeman hospital he ....
relations. are the tensions of recent days any worse? any better? i m wolf blitzer and you re in the situation room. first, breaking news this hour. a large tornado has been spotted on the ground in oklahoma and storm-ravaged missouri is being hit by severe weather and possible in the coming hours, searchers in joplin have been taking advantage of the break in the bad weather for a few hours now. 17 people have been pulled alive from the rubble as of last night. but the death toll is far greater. up to 118 right now and that makes this the deadliest single tornado on record in the united states since the weather service began keeping records 60 years ago. almost 500 people have been killed by tornadoes in this country so far this year, including one in that storm and a security camera gives another look at the power of the twisters and how much damage they can do literally in an instant. now more on the twister reported on the ground in oklahoma just minutes ago. the ....