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Its fiscal house back in order. but now those federal officials are warning about enforcement action if bank does not strengthen its balance sheet and soon. elizabeth macdonald is from the fox business network. secret is not a word you hear about very often in banking, elizabeth. >> yeah. this is whats called a memorandum of understanding between the federal reserve, the office of controller of the currency and bank of america. it should be pointed out that more than a thousand banks and thrifts...

that plane to go down, obviously the focus is on the tail of that aircraft, almost immediately after the crash, photographic evidence emerged that a piece of that tail came off during mid-flight and thats something that ntsb confirmed during their news conferences and when crews went to take a look at the debris field, they actually found a chunk of the airplane and ntsb officials talked about that yesterday. take a look. >> it just happened so fast, a split-second event. you think, is...

>> if this guy doesnt look like an arab terrorist, nobody does. >> i said three words. should i have said something else? what is more to the point than bewear of cockpit. >> i was in my office. >> one of the most horrific days in history. >> we clearly had a hijack in progress. >> they said, be prepared to shoot down the next hijacker. there was a report ten miles, 8 miles. >> this is their story. >> if it was going to hit anything, it was going to hit us. >> the footnotes of 9/11. >>...

>> this guy doesnt look like an arab terrorist. nobody does. >> i said three words. should i have said something else? what is more to the point than beware of cockpit intrusion. >> they are the people who awoke september 11th living ordinary lives. >> i was in my office sitting in that chair. >> reporter: suddenly thrust into one of the most horrific days in this nations history. >> they said we have some planes. we clearly had a hijack in process. >> they said be prepared to shoot do...

like an arab terrorist. nobody does. >> i said three words. should i have said something else? what is more to the point than be wear of cockpit intrusion. >> they are the people who aswoek september 11th living ordinary lives. >> i was in my office sitting in that chair. >> reporter: suddenly thrust into one of the most horrific days in this nations history. >> they said we have some planes. we clearly had a hijack in process. >> they said be prepared to shoot down the next hijack tra...

new terror plot from down at one of the busiest construction site on earth. if thats all it were, a construction site, it would be remarkable. its much more than that. along with a new transportation hub and two enormous skyscrapers up behind me, theres a remarkable memorial, the 2,606 people killed here almost ten years ago. and ten years later, all over manhattan, washington, d.c., there are echos of that terrible day. police and troops and the assault rifles and the train stations, ...

>> i said three words. should i have said something else? what is more to the point than "beware of cockpit intrusion". >> is that america 11 trying to call? >> they are the people who awoke september 11th living ordinary lives. >> i was in my office sitting in that chair. >> suddenly thrust into one of the most horrific days in this nations history. >> they said, we have some planes. >> nobody move. if you try to make any moves, youll endanger yourself and the airplane. >> we clearly ...

>> i said three words. should i have said something else? what is more to the point than "beware of cockpit intrusion". >> is that america 11 trying to call? >> they are the people who awoke september 11th living ordinary lives. >> i was in my office sitting in that chair. >> suddenly thrust into one of the most horrific days in this nations history. >> they said, we have some planes. >> nobody move. if you try to make any moves, youll endanger yourself and the airplane. >> we clearly ...

>> now, the plan does not address the debt ceiling. you see the debt clock there. it ticks down to august 2nd. thats when the u.s. could start defaulting on some of its bills. it could be a jumping-off point for a bigger deal. here are some of the highlights of the plan according to cnn senate forces, it shaves about $4 trillion off the debt load. rejiggers the tax load, cuts short-term spending by about $500 billion. it changes the entire budgeting process and it reforms social securi...

hacking scandal. david cameron minutes away from a show down. two major proposals in the trillion dollar showdown over the nations debt. the first is called a possible break through. the second plan is under attack by democrats. all this next on "american morning". thanks for being with us, its wednesday, july 20th, this "american morning". im kiran chetry. >> im ali velshi. do we have a lot going on today. british prime minister david cameron is about to get grilled by parliament....