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Member of the administration, john lebowitz the chair of the federal trade commission. >> reporter: the ftc is america's watchdog for consumer protection. you write in your annual report the end of the week this past year has provided unprecedented challenges to americans and to the agency. what powers, as we, congress and the president figures out how to protect us in the future, what powers don't you have? what do you need to continue to be america's watchdog? >> that's a great question. obviously, with the economic down turn we've had real challenges. scam artists go where the money is a lo...

Member of the administration, john lebowitz the chair of the federal trade commission. >> reporter: the ftc is america's watchdog for consumer protection. you write in your annual report the end of the week this past year has provided unprecedented challenges to americans and to the agency. what powers, as we, congress and the president figures out how to protect us in the future, what powers don't you have? what do you need to continue to be america's watchdog? >> that's a great question. obviously, with the economic down turn we've had real challenges. scam artists go where the money is a lo...

they have craig former white house counsel. dick gephardt used to work for goldman sachs. the republicans all do it. but they are up front about it. >> right. this is not a winner for them. they are trying to change the subject after obama care. rather than focusing back on jobs they are trying to channel the voter angst about wall street and focus it against the republicans. they then layout a bill that includes a 50 billion dollar bailout package which they simultaneously said it is not a bailout package besides that it is funded by the banks themselves. the american people get thi...

they have craig former white house counsel. dick gephardt used to work for goldman sachs. the republicans all do it. but they are up front about it. >> right. this is not a winner for them. they are trying to change the subject after obama care. rather than focusing back on jobs they are trying to channel the voter angst about wall street and focus it against the republicans. they then layout a bill that includes a 50 billion dollar bailout package which they simultaneously said it is not a bailout package besides that it is funded by the banks themselves. the american people get thi...