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Him and he won't be losing his home. last night, richard cordray, who president obama just installed using his appoint. talked about his new job in the agency compared to congressional oversight. >> congress has delegated us authority to make some rules that fill in the gaps in legislation. but frankly, when i was attorney general of ohio, and i was trying to help people with their consumer problems, seniors who were being scammed and defrauded of life savings, people losing their homes to foreclosures, people drowning in credit card debt, i was often frustrated because we didn't have the to...

Read the powers that you now have having been sworn in. your position seems very powerful. you're able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress' power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. but frankly when i was attorney general of ohio and i was trying to help people with their consumer problems, seniors who were being scammed and defrauded of their life savings, people losing their homes...

Of course, because of quake and the tsunami. it's not just that which is a problem for toyota. there's consumer problems still in the united states. >> yes, toyota just got word that u.s. car owners have gotten the green light to sue them and this revolves around the accidental acceleration problems we've been reporting. a u.s. federal judge ruled that owners can directly blame toyota for causing the value of their vehicles to fall. that's because toyota didn't disclose or fix the defects. toyota tried to, of course, get this group of lawsuits dismissed saying owners couldn't prove their actio...

last night, the irish police received a warning about a device which would be on some form of public transport. it was discovered on a private bus just outside dublin. the passengers were evacuated and the devices made safe after about two hours. it was defused. this can is coming now three hours before the queen is supposed to touch down at the girng of a four-day states visit. this is the largest security operation in the history of the irish state. some 10,000 police and army are guarding various roots and vantage points around dublin city and beyond. there is a serious disruption...