fellow here at the american enterprise institute. we have a full day ahead of us, including a lunch talk with jeb hensarling of the house financial services committee, and i ll be interviewing him for that. the causes of the 2008 financial crisis, which has been called the worst financial crisis since the depression, are still controversial in the at its tenth anniversary. insufficient regulation of the financial system and wall street, the fed s monetary policies and the government s housing policies have all been blamed. the depression itself was like this actually. no one really had any idea what caused it, and so many of the policies that were adopted many of the policies that were adopted, work projects to put people back to work, hundreds of new agencies, new laws, securities regulations to address what happened on wall street, and the strangest of all, efforts to reduce competition and keep prices high because low prices were thought to cause business failures and,
watch at 6:00 p.m. eastern on c-span. and the senate gavels in sunday at 2:00 p.m. they will consider amendments to the current highway bill. funding is set to expire at the end of the month without congressional action. we spoke earlier with a capitol hill reporter. with current funding set to run out at the end of the month, the senate is set to formally begin debate on its bill. manu raju of politico, you re right that ted cruz came to the floor and accused mitch mcconnell of telling a flat-out lie. tell us what that was all about. mr. raju: it was really a remarkable moment. rarely do you see a senator going and singling out another senator in stark terms, accusing them of lying, someone within their own arty. and stashed their own party. and certainly a party leader. it just does not happen in a chamber like the senate. it is usually a very collegial place. you re not supposed to address senators directly. but mitch mcconnell assured him and other republicans that the
republicans, (202) 748-8001. independencts, (202) 745-8002. you can also find us on facebook and twitter. you can send us an e-mail at journal@c-span.org. the dodd frank act was named after its authors, and senator chris dodd and barney frank. it was a massive bill that required federal agencies to write hundreds of new rules. here are some of the things that the dodd frank act did. it was signed into law by president obama on july joint first, 2010. it created the consumer financial protection bureau. it attempted to an too big to fail bailouts of financial firms. in eliminated loopholes of financial products, providing shareholders a say on executive compensation, and enforce regulations on the books. here are some polls that show just exactly the scope of this bill. a summary of the bill by a law firm shows that the bill was 22,290 six pages long. it has had 119 congressional hearings, and there have been 139 bills issued in congress to amend or repeal the act. the stats a
vice president joe biden has wrapped up a two-day trip to lithuania and poland where he sought to reassure nato allies in a region that the u.s. will defend them against any russian aggression. he told a pair of baltic leaders that we are in this with you together. he spoke after russia s president to cleared ukraine s crimean peninsula as part of russia and militiamen took over ukrainian headquarters in crimea. ukraine is not part of nato. the united nations security council is meeting today on the russian issue. meanwhile, the european union is considering economic sanctions. the eu meeting scheduled for tomorrow and friday in brussels. take a look at our live coverage here in c-span at 1:00 p.m. eastern. a heritage foundation discussion on the federal reserve and monetary policy that will be followed by new federal reserve chairman janet yellen holding her first meeting today as head of the fed open market committee and will talk to reporters after that meeting. that i
A video clip of White House Council of Economic Advisers Chair Jared Bernstein appearing to struggle with a question about the necessity of monetary policy went viral.