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and palestinian leaders to try to jumpstart direct peace talks. jenna: senior white house correspondent wendell goler is live in our new york city newsroom with more. hi wendell. >> reporter: hi jenna. the president didn't say it but the aides have made clear the u.s. will veto the palestinian bid for recognition if it comes to that. really the goal of this entire week here at the united nations is to make sure it doesn't come to that. the president meeting with the leaders of israel and palestinian president abbas, also with the leaders of britain and france, to try and come up with...

have done much more harm than good to the economy, so stuart varney, the republicans want the fed to stay away from stimulating the economy. >> this is heavy duty political pressure from politicians tkraeupld at supposedly the independent federal reserve, the senator, the speaker, and the house majority leader, eric cantor, they're saying look, ben, quit printing money, you're hurting the economy. we've had three years of dirt cheap money and what do we got, 9 percent unemployment, housing prices slow, it's recommendnessen -- recommendnessent -- reminiscent of governor perry who said...

dirt cheap money and what do we got, 9 percent unemployment, housing prices slow, it's recommendnessen -- recommendnessent -- reminiscent of governor perry who said printing of money would be, quote, almost treasonous. this is big time political pressure on an independent federal reserve. bill: is the printing of money where they have the issue or other matters with the fed? >> what it call comes -- what it all comes down to, what the fed is doing, all the mesh -- measures taken, it is simply printing money, pumping dollars out either so keep interest rates low or capitalizing the ba...

at this hour, president obama is scheduled to meet with the head of the palestinian authority and senior white house foreign affairs correspondent wendell goler reports the president admitted earlier things have not worked out as he had hoped. >> a year after telling the u.n. general assembly it might be able to recognize a new state of palestine at this session, president obama admitted his disappointment. >> i know that many are frustrated by the lack of progress. i assure you, so am i. the question isn't the goal that we seek. the question is how do we reach that goal? >> mr. obam...

that. the president meeting with the leaders of israel and palestinian president abbas, also with the leaders of britain and france, to try and come up with a way to keep abbas from petitioning for membership on friday. we're hearing if he does, they may refer that to a commito for study that could take months, while the u.s., u.n., russia, try and get israel and the palestinian toss once again resolve the tough issues that divide them. the president made clear in his speech the united nations can't do that. here's a bit of what he had to say: >> peace will not come through statement...