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A letter from the republican leaders of the house and senate to the federal refuse serve board instructing them not to take any action to lower interest rates in the next two days? that is as one former commissioner said, outrageous, and indefensible. >> do you believe that that is -- do you believe that is an attempt by the republicans to manipulate the federal reserve in some way? >> why else would -- come on, why else would they send the letter? they are trying to put political pressure on them not to lower interest rates. when i go home to illinois, the businesses i meet are struggling to ...

Get into a lot of hypotheticals here, okay? we're very happy with the speech he gave yesterday. talking about deficit reduction. does that mean that we agree with every part of it? of course not. none of us do that. none of us agree with every part of it. >> illinois democratic senator dick durbin is the assistant majority leader. and is senator durbin, senator reid was getting at a point that you hear behind the scenes from some democrats of why is it that republicans are so good at uniting around and rallying around their presidents, but -- and basically -- even if they don't like the polici...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.