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some people would argue that we already have federal agencies that serve as regulating bodies. can you describe how it is that the consumer protection bureau is different from regulators like the federal reserve and the office of the comptroller of currency? >> yes. i think the big difference is about what people want to do. the fed is a traffic agency -- terrific agency. it does a lot of things. but the people who go to the fed go to the fed because they want to do monetary policy. that is how they are evaluated by congress. it was chairman frank, two years ago, who made the point t...

with radiological emergencies. after years of doherty bomb scenario training. at the senate homeland security committee hearing, we also hear about what fema has done since the japanese earthquake. another witness at a hearing is the former inspector general of the homeland security department. we hear his assessment that the fema operations center can katrina. this is two hours. >> welcome, everyone. we convened this hearing which had been long planned, laskier alana fema's ability to respond to a major catastrophe against the compelling backdrop of the tragically catastrophic event...