Republicans, 202 7488001. Independencts, 202 7458002. You can also find us on facebook and twitter. You can send us an email at journal cspan. Org. The dodd frank act was named after its authors, and senator chris dodd and barney frank. It was a massive bill that required federal agencies to write hundreds of new rules. Here are some of the things that the dodd frank act did. It was signed into law by president obama on july joint first, 2010. It created the Consumer Financial Protection Bureau. It attempted to an too big to fail bailouts of Financial Firms. In eliminated loopholes of financial products, providing shareholders a say on executive compensation, and enforce regulations on the books. Here are some polls that show just exactly the scope of this bill. A summary of the bill by a law firm shows that the bill was 22,290 six pages long. It has had 119 congressional hearings, and there have been 139 bills issued in congress to amend or repeal the act. The stats also give you a se
Jonathan we are looking forward to that conversation. Futures are largely stable. They are down about three points. It looks like we are going to have a stable start to the day. Euro, 11322. You can see the story at the bottom of the screen. Wt is wti is up two percentage points. The yield on the 10 year is upon basis points. 2007. The narrowest since david lets go around the world for indepth coverage. Both kennedy will tell us whats going on behind the surge in oil prices. Were going to start with merger monday. Pfizer is back at it again. Julie hyman is here with the details. Julie this is a much smaller deals and allegan. This is a 5. 2 billion deal. They are the target. Whats attractive about anna core, it does have revenue to treat fungal infections in the toenails. It is developing a drug that looks like its expected to be a high sell it to treat eczema. It has had some positive steps in terms of approval and in terms of studies over the past year or so. 9925. Ice per share is t
Lets head straight to the markets desk where julie hyman has the latest on this energyfueled rally. Julie we see major averages gain traction. They were little changed at the open. 3 on the dow and s p. Up about 22 points. It has to do with the energy market. The Goldman Sachs call is feeling a gain in Energy Stocks. Look at the groups on the move. Energy shares up 1 as our materials. We are seeing that just Oil Prices Higher but some of the other materials as well. On the downside, utilities and telecoms slower. Otherwise, we have a lift in the commodityled groups. Oil prices are working higher on the call from Goldman Sachs. Gold is also on the rise today. It is up by about 1 . Interesting we are seeing a lift in stocks and gold at the same time. Part of this is fueled by the e. T. F. Buying of gold. E. T. F. Dex tracks holdings of gold in the u. S. We have had a big lift this year as gold prices have risen. It is the 14th straight day these funds have seen inflows. It is a streak of
Of nearly 2. 5 million volkswagen diesel cars, the growing scandal over emissions. This is Al Jazeera America live from new york city. Im del walters. A major reversal from the white house. The president today talking about withdrawing troops from afghanistan. Saying the u. S. Will now only keep handful of bases open through 2017. He says the decision is vital to maintaining security in the region. Just under 10,000 troops will stay on through most of next year. He will cut that number to 5500 troops by the time he leaves office. Our National Security correspondent Jamie Mcintyre joins us from the pentagon. And tell us more about the new strategy and just what prompted this change . Reporter well, there is a wellworn phrase here at the pentagon, no plan survives First Contact with the enemy. In this case the plan was the president s plan to get all u. S. Troops out of afghanistan by the end of his term, leaving just a small force at the embassy, the enemy was a resurgent taliban which
The world war ii veteran vowing to fight on we begin in washington where congress returned to work for a lame duck session generating dreama. The top priority involves the controversial Keystone Xl Oil pipeline. Both took steps towards a fasttracked vote, setting up a showdown with the white house. Lets debate, vote, get the work down. In the weeks of a congressional system, democrats and republicans are working together. Republicans say upcoming votes on the keystone xl pipeline are a result of midterm elections. You have seen the current democratic majority of the senate have an epiphany and allow vote they been blocking for years. Reporter democrats have other reasons for letting a vote move forward, one is to help out Mary Landrieu, trailing in a runoff fight to keep her senate seat. And wants voters in prooil state to see her as breaking the stalemate. It was held up by both sides, the politics of both sides. Landrieu says she wan get the 60 she can get the 60 votes needed, others