And yet some continue to dismiss calls for change or more transparency at the fed. I would argue, however, that theres an even greater need for additional oversight by congress, and further reforms. Our central bank is expanding its influence over households businesses, and markets in recent years. Not only has it pushed the boundaries of traditional Monetary Policy but its also consolidated Unmatched Authority as a financial regulator. As the fed grows larger and more powerful, much of this authority has become more concentrated in washington, d. C. , and in new york. The fed emerged from the financial crisis as a super regulator, with unprecedented power over entities that it had not previously overseen. With such a delegation of Authority Comes a heightened responsibility, i believe, for the congress to know the impact these new requirements place on our economy as a whole. The role of congress is not to serve on the federal open Market Committee, but it is to provide strong oversig
My name is jon stewart. My guest tonight, gerald posner. Hes the author of gods bankers. Its about Banking System in the vatican. Very interesting. But first you remember august 2014, it was a great month for enthusiastes of sadness and misery. African american teenager Michael Brown shot by white Police Officer Darren Wilson in ferguson missouri. All across america people were outraged , just not always for the same reason. The slogan black lives matter is a frequent chant among protesters after the ferguson shootings. Its not about race. Its about race, its about a black man targeting a white man. Race is writ large all over this hands up, dont shoot a false narrative that Michael Brown had his hands up and said dont shoot. That never happened. It never happened. Jon yes, while some sprang angrily to the defense of white Darren Wilson others spoke of the Racial Discrimination and dehumanization of black residents that so preceded the hostile confrontation in the first place. Well, go
Reporter people were scared running away. The chp officer held the older womans hand and escorted them away. Others were hiding behind cars. Looks like they are opening the large door. Reporter after he realized he was surrounded, the suspect released the first hostage around 2 30. The owner of the gas station known as jack. I have family and i would be terrified if my dad was in there. So im glad he is out. Reporter an hour later the suspect released the second hostage the manager of the gas station. At the same time, the suspect surrendered and came out of the garage with both hands up. He had a cigarette in his mouth. Officers detained him, dragged him away to make sure no one else was inside. Its a tragedy what happened. But thank god they are out alive and safe. Reporter no one was hurt in this incident. Now, the wife of the gas station other than tells us that the suspect apparently told the gas station other than and the manager that wasnt trying to hurt them, he just wants to g
Griego. Im frank malicoet. One week from tonight the king and league mvp will take the court and as ann makovich tells us fans cant get enough. The tickets go on sale for the warriors first game against the Cleveland Cavaliers, the warriors first trip to the nba finals in 40 years. This morning the tshirt fans only dreamt about went on sale. I have to get this for my family. Reporter the Golden State Warriors are western conference champions. Im still shaking today im so happy. I couldnt sleep. Reporter the atmosphere was electric at oracle arena last night as the warriors won the trophy beating the Houston Rockets 10490. Two years ago we were sitting on this court after the second round off san antonio, thanking them for their support. Two years later were four wins from the gold. This is great. Reporter Oakland City Hall was lit up in blue and gold and warriors fans over the moon. It was awesome. We really enjoyed it. Glad i came. Go warriors reporter as crews worked to clean up afte
At 7 00. Temperatures in the low to mid 50s all around the bay area, but, yeah, i think the story is that drizzle that fog we see outside, that weve been seeing, really, for the last couple of weeks. Well see a mix of sun and clouds eventually today and a wide range of temps. Pretty warm inland and cool at the coast. Ill have a closer look at your extended forecast coming up. A threehour standoff overnight after a commercial fishing boat ran aground. It happened around midnight near the Ritz Carlton Hotel in Half Moon Bay. A battalion chief says only one person was on board the 50foot vessel when it crashed into the rocks, but he refused to get off the boat, so investigators left. Some Hotel Workers called the Sheriffs Department after smelling diesel fuel coming from the beach its unknown the total amount of diesel thats on board the boat at this point, but it appears that theres no actual leaking of any fuel from the vessel at this time. Crews plan to assist the man in getting his bo