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The revolutionary recharge sleep system from beautyrest... it's you, fully charged. stop foreclosure now! stop foreclosure now! stop foreclosure now! stop foreclosures now! >> jpmorgan chase ceo dimon hearing it from protesters on capitol hill. senators are wondering how a banking giant could lose billions of dollars in a risky trading strategy and if internal controls are in place to prevent another major loss like it. dimon told lawmakers his bank is taking steps to ensure they don't make the same mistake twice. >> this foportfolio morphed int something rather than protect the firm created...

ironically, from the chase department in charge of mitigated risk. my colleague, christine romans watching this hearing from her post in new york. the department that's supposed to mitigate risks made these risky trades and now he is having to answer questions. it's obvious why congress wants to know why these stupid trades were made. >> yeah. he says, you know what? i'm not going to defend it, because it violates common sense. it shouldn't have happened. what was, maybe should have been a legitimate, bona fide macroeconomic hedge, morphed into something else, he says, and he did not...

the couple used to communicate while he was in jail. dude, relax. rhode island set to become the 15th state to decriminalize marijuana. no big fines, no jailtime, nothing on your record. and other states are noticing. we'll talk with a state representative from rhode island about the growing nationwide movement. plus this. ♪ oh, you remember the kid who played darth vader in the volkswagen ad. this week, he goes in to have open heart surgery. 7-year-old max paige. this hour, we'll hear from his parents as we all say may the force be with him. "newsroom" begins right now. and ...

>> when i see people out occupying foreclosed homes and stop evictions and stop foreclosures right now, i think about you and your job and how important the leverage and the bully pulpit of the white house is right now at a real moment of moral crisis over this stuff. thank you for doing the hard job you do and talking to us. gene sperling is the director of the national economic council and of course assistant to the president for economic policy. all right. candace gingrich will be leer to talk about her brother, newt gingrich. we have a lot more just ahead.

Foreclosure -- we put forward a new refinancing proposal that calls for swifter refinancing that could save $3,000 a year for many families. could make a big difference between whether people can stay in their house or stay out of their house. we're putting forward servicing golden rule standards of what's the best way to deal with people. we should have an ethic throughout the country that anyone who can stay in their home has a chance to and finally, there's no question there have been enormous amounts of terrible abuses in the servicing, on the foreclosure. and, again, we think that the ban...