your unfiltered view of government. announcer: the u.s. house debated a bill to reverse trump administration changes to the consumer financial protection bureau. the measure would put regulatory responsibility into law. the debate against with financial services committee chair maxine waters. he consumer financial protection bureau so it can carry out its mission of protecting consumers from unfair, deceptive, or abusive ts or practices by financial protections. the cfpb ensured there was an agency in place with the sole dedicated purpose of protecting every consumer of financial products and services and holding bad actors fully accountable when consumers are harmed. under the leadership of its irst director, richard cordray, the consumer bureau was a resounding success. during that time, the agency put nearly $12 billion back in the pockets of over 30 million consumers who were harmed by financial institutions. the agency put in place important new protections so that consu
warren: it has been a long time coming. neal of the ways and means committee, he made sure made it clear this was going to be a priority. in the last congress, he and chairman brady past some of these components, but that bill was tied to some of the permanence of president s tax cuts. that dider bill, so not have legs in the senate. it died last session. broughtr, chairman neal this up. this bill basically does not a refund check for people or anything like that, but what it does is it makes it easier for employers to offer retirement plans, it incentivizes the creation of new retirement plans, it grants iras,s access to 401(k)s, vehicles they get tax breaks on, and it has additional elements that make the process easier for , create, to administer and provide these planes for a wider variety of workers. securebill is called the act, setting every community up for retirement. broke the news to the rules members that the bill was being modified, that they were removing la
recovery efforts underway this hour for debris in the atlantic off the coast of the carolinas after the president ordered a suspected chinese bivalent to be shot down after hovering over the united states for several days. people nearby had their phones reeling, when fighter jets on the bloom around 2:30 eastern on the balloon off the coast of south carolina. au and senior military officials said the debris spanned seven miles. the u.s. is now working to recover that debris. a senior defense official tells nbc news that two of 22 raptors for the single missile took out the spy balloon as it flew at least 60,000 feet above us. the federal aviation administration paused all arrivals and departures at three u.s. airports in the carolinas. under an abundance of caution. it turns out president biden ordered the shoot down on wednesday. why did it take until today to carry out those orders? here is how president biden explained it a short time ago. on wednesday, when i was briefe
chair of the republican conference, number three in leadership. in studio here, burgess everett the politico and neil with c.q. go ahead. senator, you re a member of finance committee and there s been a lot of talk with going toay trust fund reach a critical stage here in weeks.ing senator chuck schumer who is, of course, a democratic senator from new york a member of the leadership, and on the finance committee, has just said that recently it s iffy that there will be a deal done to avert a shortfall of the theway trust fund to find revenue to patch that hole. what s your view on the prospects that there s going to agreement before the middle of july when this really gets to a head? i think they re better than iffy. but it s tough. a lot of ways to highway trustor fund spending. but we do hit this crisis sometime in july, perhaps maybe little bit into early august. but it s coming. it is a crisis. with it.o deal it always seems like around here, unfortunately, that it ha
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