Page 10 - Containment Cap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Senators from new york and new jersey over the issue as well. this morning the gulf of mexico, the containment cap on bp's ruptured well is leaking oil and gas. but for now, the government is allowing that cap to stay in place. matt gutman is in buras, louisiana, now with the latest on the ongoing well watch. >> reporter: it began as a tense day here in the gulf of mexico. at first, we heard that those leaks, those bubbles that appeared before bp's cameras underwater, may have signaled a significant leak in the well, perhaps even a rupture. >> what we're actually looking for in this case wou...

The deepwater horizon, but he doesn't know if that report was passed on to federal regulators. meanwhile, the coast guard says leaks in the new containment cap are more like drips, and they are nothing to be concerned about. bp also announced today that it is selling about $7 billion worth of assets to generate cash for cleanup operations. and a federal judge in new york has just approved a deal allowing goldman sachs to pay $550 million to settle charges that it misled investors on risky mortgage-backed securities. now back to "hardball." back to "hardball." the release of the only terroris...

Great news. to have it go down is a sign, along with the seepage, is that something could be happening. that's all we have. >> what's admiral thad allen telling bp? >> reporter: he can be very direct, as you know, and he sent a tersely worded letter to bp. he wanted bp to report any future seepage within a four-hour span. very quickly, they want the information. second, he wanted detailed instructions for opening the choke valve on top of the containment cap and third wanted a writden update within 24 hours. breaking information we have for you is that the federal government will allow the tes...

Monday morning. glad you are with us on this july 19th. welcome to "american morning." i'm kiran chetry. >> i'm john roberts. a possible setback on the sea floor in the gulf mexico. the government is ordering bp to investigate a leak near its damaged well. this is not a leak in a pipe, this is a leak in the seafloor. we're live in new orleans with new details on what this could all mean for the containment cap which remains in place this morning. also what appears to be a major rift in the ranks of the tea party movement. the national leadership expelling the tea party express and its cons...

Kiran? >> amazing how they got away with it for so long. john zarrella this morning, thanks. crossing the half-hour right now. time for a look at this morning's top stories. engineers monitoring bp's newly capped well have detected a substance seeping from the sea floor near the deepwater horizon. the government is demanding bp monitor the seabed and prepare to re-open the containment cap to relieve pressure on the well. a top-secret intelligence community growing out of control, too big to fit into 22 u.s. capitals or almost three pentagons. that's what a two-year "washington post" invest...