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republicans already sniping about a democratic choice for the congressional super committee. democrats have named senators patty murray, max baucus, and john kerry to the debt panel. and republicans are complaining that murray shouldn't get a seat because she's too political. she's in charge of fund raising for democratic senate candidates. and 12 lawmakers are supposed to be named to the committee by tuesday. they're there to pinpoint $1.5 trillion in spending cuts by late november. 10,000 extra police officers kept a lid on the violence in london last night. but rioting and loo...

a meaningful handle on the deficits and the debt. now comes of course the federal reserve. we have ben bernanke here, which has used every tool in its box to keep credit flowing and interest rates low in the wake of the great recession. at 2:15 eastern, a little over an hour from now, the fed will tell us what if anything it plans to do in the wake of the downgrade, the debt snafu, the european debt snafu and the global stock freak-outs. in the meantime, i want to bring in richard quest, just outside the new york stock exchange, and christine romans in our new york studios. i would l...

Because only so them can't get loans to hire and expand, but the fed has other policy tools that it could use to help to push interest rates lower for example. it may have to use them. the recovery rate we have is modern and slightly above the long-term sustainable rate. it is not going to create jobs at a very quick pace. >> well, this chart shows you everything you need to know about bank lending right now. it has dropped 25% at the nation's big banks. a $200 billion haircut, bret. >> peter, what about the debt commission and the kind of tax increases that could be on the table here? >> the ...

Be working towards. it was a matter of time. it's increasing previous policy tools that we haven't seen any impact on. >> here is how, laura, to you, how president trump responded to a question on north korea just yesterday. >> reporter: mr. president, will you attack north korea? >> we'll see. >> here he was walking out of church. the two words -- "we'll see." how does that change potential calculation for the u.s.? >> i think it's really important that we continue to note, of course, that there are no very good options when it comes to north korea, as general hurt ling has said, the military...

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