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Detailed text transcripts for TV channel - FOXNEWS - 20100506:23:35:00

They have had for a number of years. meanwhile, the u.s. is trying to put his own financial house in order. officials here at the white house signed on bipartisan proposal to audit the fed s lending practices. the fed was involved heavily in the bailouts. they rejected a republican amendment by alabama senator richard shelby they say would have weakened consumer protections. the shelby amendment is actually worse than the status quo it keeps all of the clauses system. it keeps bank regulators completely in charge of protecting american families. two republicans agreed with all the democrats that the shelby amendment would have, in the words of one, gutted consumer protections. jon? jon: wendell goler at the white house. thank you. it is election day in the u.k. the results will have a major impact on america s affairs around the world. from the war in afghanistan to the fight against terror, and a nuclear standoff with iran. coming up, the fox report s chief correspondent jon ....

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Detailed text transcripts for TV channel - MSNBC - 20100212:12:52:00

And shelby amendment that s going to come it s a hatch/shelby amendment. is connecticut a place that welcomes businesses and makes businesses want to thrive? and if not, what needs to change? connecticut does not have a great business environment now. since the early 1990s, we ve had net gains in jobs in connecticut. we have high energy tax, we have high labor cost. we have, you know, high taxes in our state. and we need to make those come down. just as we do on a national basis. so those are the things we have to focus on. whether it s reducing our corporate tax on a national basis, at 35%. if we bring it down to 25%, we re more competitive with europe. if we brought it down to 12.5%, we ll be even more competitive with ireland, which is outside so if we can do those things, i think we re going to attract more business not only in our country, but those same policies will attract more businesses. while we go to break, you and lawrence can arm wrestle. in a few minutes, we ....

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