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Transcripts For CSPAN2 U 20110318 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Transcripts For CSPAN U 20110318 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
some people would argue that we already have federal agencies that serve as regulating bodies. can you describe how it is that the consumer protection bureau is different from regulators like the federal reserve and the office of the comptroller of currency? yes. i think the big difference is about what people want to do. the fed is a traffic agency terrific agency. it does a lot of things. but the people who go to the fed go to the fed because they want to do monetary policy. that is how they are evaluated by congress. it was chairman frank, two years ago, who made the point that in 20 years of reports from the fed, the question of consumer protection never came up. what this is really about is saying that those powers that had been with the fed will now move to a new consumer agency. there will be someone who will act as a cop on the beat, who will be out there to look at how mortgage servicers, to pick an example out of the headlines, are executing on their oblig ....
with radiological emergencies. after years of doherty bomb scenario training. at the senate homeland security committee hearing, we also hear about what fema has done since the japanese earthquake. another witness at a hearing is the former inspector general of the homeland security department. we hear his assessment that the fema operations center can katrina. this is two hours. welcome, everyone. we convened this hearing which had been long planned, laskier alana fema s ability to respond to a major catastrophe against the compelling backdrop of the tragically catastrophic event unfolding in japan. an earthquake and tsunami and rapid succession that had already resulted in twice as many deaths as al qaeda s attack on america 9/11 and of course no one believes that the deaths and the finding of the day is over yet. the earthquake and the tsunami have also caused fires and explosions of nuclear power plants that could have nightmares consequences for japan and perhaps ....