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Nov 14, 2013
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eamon javers has more. eamon? >> reporter: it was hot. tough day for the obama administration on capitol hill. there was a lot of squabbling in the hearing room, real tensions evident between democrats and republicans on this panel but the obama administration officials were asked time and time again whether or not they can promise to hit the november 30th deadline for fixes healthcare.gov they laid out for themselves. they are unable to give a concrete answer to that that really brought confidence to the republicans on the panel on capitol hill. take a listen to this exchange where they ducked the issue whether or not they can guarantee november 30th is a head deadline for a fix. >> are we going to hit november 30th? >> thank you for the question and thank you for your kind words at the beginng, as well. the goal that has been laid out is for the site not to be perfect by the end of november -- >> functional people can log on. >> so the vast majority of americans will be able to use the site smoothly. that's the goal we're going for and
eamon javers has more. eamon? >> reporter: it was hot. tough day for the obama administration on capitol hill. there was a lot of squabbling in the hearing room, real tensions evident between democrats and republicans on this panel but the obama administration officials were asked time and time again whether or not they can promise to hit the november 30th deadline for fixes healthcare.gov they laid out for themselves. they are unable to give a concrete answer to that that really brought...
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Nov 15, 2013
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eamon javers is investigating. >>> plus, i'll speak with former top military official who says we're not ready for cyber war. general stanley mcchrystal, former commander of u.s. forces in afghanistan. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. >>> welcome back. president obama and insurance ceos still meeting at the white house to discuss surprise changes to obama care. john harwood, is it a good sign or bad sign the longer this goes on? john harwood, are you with us? john harwood is at the white house, but i do not think he can hear us -- >> reporter: yes, john harwood.
eamon javers is investigating. >>> plus, i'll speak with former top military official who says we're not ready for cyber war. general stanley mcchrystal, former commander of u.s. forces in afghanistan. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into...
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Nov 12, 2013
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eamon javers with the story. over to you, eamon. >> hi. "the wall street journal" is reporting today that federal prosecutors and the s.e.c.'s inspector general office are looking at certain employees at the s.e.c. and questioning whether or not they broke internal s.e.c. rules about disclosing and holding certain assets. this would be an investigation of whether or not they were following up on rules the s.e.c. requires them to follow in terms of asset holding and disclosure. now, the s.e.c.'s mary jo white was asked about this earlier today and she had a chance to answer the question. here's what she said. >> what i can say, and i've looked into this, is that the s.e.c. has one of the strongest compliance programs and trading area of any of the federal agencies. and a number of reforms and procedures put in my by predecessors, obviously. for example, every single purchaser sale of security has to be approved by our ethic officer. >> obviously, any question about s.e.c. employees and potential insider trading is something that's going to
eamon javers with the story. over to you, eamon. >> hi. "the wall street journal" is reporting today that federal prosecutors and the s.e.c.'s inspector general office are looking at certain employees at the s.e.c. and questioning whether or not they broke internal s.e.c. rules about disclosing and holding certain assets. this would be an investigation of whether or not they were following up on rules the s.e.c. requires them to follow in terms of asset holding and disclosure....
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Nov 19, 2013
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cnbc's eamon javers joins us with the details. good evening, eamon. >> reporter: good evening, larry. the white house was on the defensive again today, arguing with reporters over these predictions made by the white house that the website would be up and running by the end of this month, and dividing and conquering exactly how many people are going to be able to use that website at the end of the month. is that 80%? is that the vast majority? another issue that the white house is dealing with today is this question of exactly how will people be able to get on to the website. the white house spokesman jay carney saying today that they want people to be able to go through their insurance companies to get access to health care. take a listen. >> we are also working to set up direct enrollment through insurance companies so that americans could choose to enroll directly through the insurance company. and that's another method by which we can reach the same point that is the gel here. again, it's the end here that matters, not necessar
cnbc's eamon javers joins us with the details. good evening, eamon. >> reporter: good evening, larry. the white house was on the defensive again today, arguing with reporters over these predictions made by the white house that the website would be up and running by the end of this month, and dividing and conquering exactly how many people are going to be able to use that website at the end of the month. is that 80%? is that the vast majority? another issue that the white house is dealing...
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Nov 27, 2013
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eamon javers has more on the pope's controversial comments. eamon, i understand this was from an 84-page document from the pope. >> it's the first major written document that we've gotten from this now pope, pope francis. this document today is an expansion on what the pope has been saying so far in his major speeches, for the first time in one place and all in writing and he's krcritical of what he seess modern market capitalism. an kperp what he said today when an elderly homeless person dies from exposure but it is news when the stock loses two points. he strike led down economics. the income gap between the rich and the poor and self-serving tax evasion and the idolatry of money and the defied market and by that he's saying folks have put way too much attention on proch fits and markets and not basic humanity, guys. >> eamon in years past, we've seen popes talk about come muni nice m and capitalism but this time what is motivating pope francis and why now? >> this is a clearly a pope with a reform agenda and talks about reform of the churc
eamon javers has more on the pope's controversial comments. eamon, i understand this was from an 84-page document from the pope. >> it's the first major written document that we've gotten from this now pope, pope francis. this document today is an expansion on what the pope has been saying so far in his major speeches, for the first time in one place and all in writing and he's krcritical of what he seess modern market capitalism. an kperp what he said today when an elderly homeless...
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Nov 14, 2013
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eamon javers has this story. >> call it the snowden effect. a lot of people are looking to see whether telecom companies are going to have trouble after the nsa sdisclosures of spying y the u.s. around the world. we saw cisco citing the nsa disclosures as one reason they're having trouble in emerging markets. reuters reporting that ibm is having trouble possibly in china as a result of these disclosures as well. i wanted to flag for you one more here. this was in a disclosure, little noticed at the time, from ebay in october. here's what they said. they saids there significant international pressure against the u.s. and the national security agency regarding the collection of data by the nsa from u.s. companies. further restrictions or regulation in the european union could result as a direct reaction to these events. i've talked to tech company executives, or executives who handle technology at major companies, global corporations, who say they've been under pressure to repay treeuate some of their data out of the united states as a result of
eamon javers has this story. >> call it the snowden effect. a lot of people are looking to see whether telecom companies are going to have trouble after the nsa sdisclosures of spying y the u.s. around the world. we saw cisco citing the nsa disclosures as one reason they're having trouble in emerging markets. reuters reporting that ibm is having trouble possibly in china as a result of these disclosures as well. i wanted to flag for you one more here. this was in a disclosure, little...
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Nov 7, 2013
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eamon javers is in washington with more on the story. hi. >> mmm, doughnut, sue, you already got me thinking about lunch here. what we're talking about here is partially hydrogenated oil. take a look at your nutrition label on food. and if you see that, you've ever wondered what it is, that's what we're talking about here. the fda saying that they would like to ban transfats, partially hydrogenated oil being the source of those transfat, from the american food supply. they say they've made a preliminary determination as of now. there's going to be a 60-day period here where they take in comments on this proposed rule. but they say that they're asking the industry now how long it will take to remove transfats from the food supply. and they say that transfats increase the risk of coronary heart disease. and they say that they are still -- the industry has made some huge progress in removing transfats from the food supply. they're still found in some microwave popcorn, frozen pizza, margarine and coffee creamers. of course, not all of those
eamon javers is in washington with more on the story. hi. >> mmm, doughnut, sue, you already got me thinking about lunch here. what we're talking about here is partially hydrogenated oil. take a look at your nutrition label on food. and if you see that, you've ever wondered what it is, that's what we're talking about here. the fda saying that they would like to ban transfats, partially hydrogenated oil being the source of those transfat, from the american food supply. they say they've...
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Nov 18, 2013
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eamon javers is joining us. >> that's right, simon. pelosi points to those 39 democrat defectors and says that's not a big number when you consider the politics of the issue. the press conference was inspired by democrats up for re-election next year, coming to the white house really proetest of the obama carroe rollout. you never want to go into an election with a weak hand like this but nancy pelosi was on "meet the press" yesterday and asked about the political impact by david gregory. she refused to really go there saying that there's not going to necessarily be a clear line between what happens now and next year. >> i don't think you can tell what will happen next year but i will tell you that democrats stand tall and support the affordable care act. we have great democrats running who are concerned about our economy and are concerned that government was shut down because of a whim on the part of the republicans. >> meanwhile, what do those republicans want to do? senator kelly ayotte was on "meet the press" as well and she wants
eamon javers is joining us. >> that's right, simon. pelosi points to those 39 democrat defectors and says that's not a big number when you consider the politics of the issue. the press conference was inspired by democrats up for re-election next year, coming to the white house really proetest of the obama carroe rollout. you never want to go into an election with a weak hand like this but nancy pelosi was on "meet the press" yesterday and asked about the political impact by...
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. >> we go to eamon javers. >> we've just been given word the president is going to step into the brady briefing room at 11:30 to talk about the affordable care act. the white house is not telling us what the president is going to say here. it's been wide by expected the president is going to make some kind of proposal to fix the issue for people who have lost their heath coverage, that's been a tricky issue. the white house has been taking a lot of political heat over it. the question is what is the question going to say at 11:30 that will address this and give democrats on capitol hill, carl, some political cover, which they feel they desperately need. >> it's a lot of news coming out of washington. what's on "mad" tonight? >> pop eyes, as we continue with our hunger games series. and then as eamon javers said, i have to find out what the president is saying, susan is incredible with that. >> and janet yellen will face questioning and we'll get her testimony live when "squawk on the street" comes back. [ male announcer ] this is brad. his day of coaching begins with knee pain, when...
. >> we go to eamon javers. >> we've just been given word the president is going to step into the brady briefing room at 11:30 to talk about the affordable care act. the white house is not telling us what the president is going to say here. it's been wide by expected the president is going to make some kind of proposal to fix the issue for people who have lost their heath coverage, that's been a tricky issue. the white house has been taking a lot of political heat over it. the...
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eamon javers with the story right now. >> well, fairly dovish comments from janet yellen, as you might expect. her confirmation hearing up on capitol hill is tomorrow. we've just gotten copies now of her prepared testimony. fairly short statement from janet yellen to be given at 10 a.m. tomorrow. let me highlight a piece, which i think is significant. she says the federal reserve is using its monetary policy tools to promote a morrow bust recovery. a strong recovery will ultimately enable the fed to reduce reliance on unconventional tools such as asset purchases. i believe supporting the recovery today is the surest path to returning to a more normal approach to monetary policy. maria, there, as you can tell, janua janet yellen sounding like ben bernanke in supporting the recovery. that still a necessity for the federal reserve. that's something people would expect to hear from janet yellen. the big question here will be, how does she respond to all the senators' questioning, how is she received on capitol hill tomorrow. but the expectation in washington is that she will sail through w
eamon javers with the story right now. >> well, fairly dovish comments from janet yellen, as you might expect. her confirmation hearing up on capitol hill is tomorrow. we've just gotten copies now of her prepared testimony. fairly short statement from janet yellen to be given at 10 a.m. tomorrow. let me highlight a piece, which i think is significant. she says the federal reserve is using its monetary policy tools to promote a morrow bust recovery. a strong recovery will ultimately enable...
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. >> eamon javers is now our catholic reporter. >> yeah. on the one hand you could say you have gordon gekko over here and now pope francis. appear systolt apostolic exother exortation. he made critical excess of market capitalism. how can it be that it is not news item when an elderly homeless person dies of exposure but it is news when the stock market loses two points? he mentions trickle down economics, income gap between rich and poor, self-serving tax evasion, idolatry of money and defied market. he says he loves everyone, rich and poor but points out the rich must do their part to help. a fascinating document from the vatican. the vatican saying this is, in essence, the pope building on a number of public speeches he's made into one formal public pronouncement here. in it he's going right after what he says are the excesses of the current world global market economy. >> pope benedict built on some of these himself before resigning. thanks for that. should we just leave now? >> we'll just move on. >> we're going outside. >> yeah, we'r
. >> eamon javers is now our catholic reporter. >> yeah. on the one hand you could say you have gordon gekko over here and now pope francis. appear systolt apostolic exother exortation. he made critical excess of market capitalism. how can it be that it is not news item when an elderly homeless person dies of exposure but it is news when the stock market loses two points? he mentions trickle down economics, income gap between rich and poor, self-serving tax evasion, idolatry of...
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Nov 7, 2013
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eamon javers has been following the story. the government put us all on a diet. >> that's right, mandy. take a look at some of these videos. this is the wall of shame here in terms of transfat. it's put together for the center for science and the public interest. and what they've done is compiled a lot of the brands that they are criticizing for having transfats in them. the fda today saying that they would like to move ahead and ban transfats entirely from the american diet. they say they've made a preliminary determination to do just that. now, there's going to be a 60-day comment period here. and the fda says they're going to ask industry to weigh in to see exactly how long it will take them to remove transfats from the american diet. why do they want to do that? the fda says transfats increase the risk of coronary heart disease. they say removing them from the american diet will prevent heart attacks. they say that they are still, the transfats, still found in some kinds of microwave popcorn, frozen pizza margarine and cof
eamon javers has been following the story. the government put us all on a diet. >> that's right, mandy. take a look at some of these videos. this is the wall of shame here in terms of transfat. it's put together for the center for science and the public interest. and what they've done is compiled a lot of the brands that they are criticizing for having transfats in them. the fda today saying that they would like to move ahead and ban transfats entirely from the american diet. they say...
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Nov 26, 2013
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and eamon javers has the story live in washington. >> hi, sue. pope francis has issued his first major written document today. it's called an apostolic, a proclamation written by the church based on what the church says is his personal reflection. the pope is critical of the excesses of modern market-based capitalism. take a look at this sentence excerpted from this document today from pope francis. the pope writes, how can it be that it is not a news item, when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? the pope goes on to be very critical of a number of aspects of modern finance, touching on the global financial crisis. he also criticizes what he calls trickle down economics. sue, the pope very, very critical of a focus on wealth and profits above all us. he says the onus is on wealthy people to do something to help the poor. sue? >> yeah. i was going to say, i wondered whether he was going to say that the responsibility for those who have more, is greater. >> yeah. >> that has been his m
and eamon javers has the story live in washington. >> hi, sue. pope francis has issued his first major written document today. it's called an apostolic, a proclamation written by the church based on what the church says is his personal reflection. the pope is critical of the excesses of modern market-based capitalism. take a look at this sentence excerpted from this document today from pope francis. the pope writes, how can it be that it is not a news item, when an elderly homeless person...
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eamon javers live in washington. >> hi, tyler. it's been a tough hearing up here on capitol hill for the obama administration officials here testifying, testy at times within the committee hearing room. members of congress fighting about who gets to ask which question, who's insulted who's staff. but one of the key questions they keep coming back to over and over again is exactly how long is it going to take to fix healthcare.gov and will the administration be able to hit the november 30th deadline it has publicly set for itself. the administration officials haven't been able to give a good answer to that question today. take a listen to things exchange. >> are we going to hit november 30th? >> thank you for the question. thank you for your kind words at the beginning as well. so the goal that has been laid out is for the site not to be perfect by the end of november -- >> functional, people can log on? >> so that vast majority of americans will be able to use the site smoothly. that's the goal we're gunning for and working very h
eamon javers live in washington. >> hi, tyler. it's been a tough hearing up here on capitol hill for the obama administration officials here testifying, testy at times within the committee hearing room. members of congress fighting about who gets to ask which question, who's insulted who's staff. but one of the key questions they keep coming back to over and over again is exactly how long is it going to take to fix healthcare.gov and will the administration be able to hit the november...
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eamon javers has been doing digging on this story. what did you find? >> the answer to that is maybe. it looks like last week hhs started the bureaucratic process toward removing -- exempting some unions and other organizations from what they call the reinsurance fee that's part of this overall obama care effort. is what they're saying is they floated a proposal that would exemptd certain self-insured from the obama care reinsurance fee. hhs says self-insured, self-administered plans could include plans offered by some large employers, such as city and state governments, universities as well as by some multi-employer plans. multi-employer plans, that's unions. administration officials say this could benefit some unions, but it also could benefit some people who are employees of state and local governments, university employees and others, but of course if you look at that pool, that's a pool of people who tend to vote democratic. so, that's what's got critics up in arms. a lot of critics say this is a bone thrown to unions. administration says, no, no t
eamon javers has been doing digging on this story. what did you find? >> the answer to that is maybe. it looks like last week hhs started the bureaucratic process toward removing -- exempting some unions and other organizations from what they call the reinsurance fee that's part of this overall obama care effort. is what they're saying is they floated a proposal that would exemptd certain self-insured from the obama care reinsurance fee. hhs says self-insured, self-administered plans...
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joining us more eamon javers. what is your take? did president obama really apologize for breaking his promise about keeping his policies? >> that's the question here, larry. the question is was this an apology or not. this is a sound bite that is getting a lot of attention tonight, a lot of commentary on twitter and here in washington, what is exactly the president saying. why is he saying it. the president as you say was asked by chuck todd whether or not -- or he was asked about all those people in the individual markets here who have been forced all of their off plans because they were not conforming with the obama care standards. here's what he had to say. >> i am sorry that they are finding themselves in this situation based on assurances they got from me. we've got to work hard to make sure that they know we hear them and that we'll do everything we can to deal with folks who find themselves in a tough position as a consequence of this. >> a lot of folks are saying that amounts to an apology. even our own graphic said preside
joining us more eamon javers. what is your take? did president obama really apologize for breaking his promise about keeping his policies? >> that's the question here, larry. the question is was this an apology or not. this is a sound bite that is getting a lot of attention tonight, a lot of commentary on twitter and here in washington, what is exactly the president saying. why is he saying it. the president as you say was asked by chuck todd whether or not -- or he was asked about all...
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Nov 1, 2013
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we have phil lebeau and eamon javers. the president has been briefed on the situation. any minute we'll get a news conference with lax officials. what more have you heard in terms of the official reaction to the incident? >> not a whole lot of official here in washington. we got a statement from the faa saying there had been a ground stop but not much more information than reporters are getting locally. also the white house saying that the president was briefed earlier today by his deputy chief of staff, that they are not having any more information at this point, according to white house spokesman jay carney, then folks watching this over the media are getting, but that the president will be following developments throughout the afternoon here, also they're saying that the lapd here will be the lead agency on this, so when we see this press conference from the lapd it's expected that they will be in charge of this at least until the feds decide to step in at some point. as of the press briefing from jay carney, which was about 45 minutes ago, they did not have any info
we have phil lebeau and eamon javers. the president has been briefed on the situation. any minute we'll get a news conference with lax officials. what more have you heard in terms of the official reaction to the incident? >> not a whole lot of official here in washington. we got a statement from the faa saying there had been a ground stop but not much more information than reporters are getting locally. also the white house saying that the president was briefed earlier today by his deputy...
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eamon javers is live with more on that. >> reporter: good morning. we're here at tyson's small in virginia, if you manage a mall, that shooting incident in paramus, new jersey is very much on your mind, as well as others around the country. they're stepping it up. take a listen. >> we're just hoping everyone is in holiday cheer today. >> there will be an enhanced police presence. the mall security is complemented by a law enforcement patrol. in many centers, they've worked through response protocols where they'll shut the doors, attempt to evacuate areas very quickly or shelter in place where it's safe to do so. we certainly saw that in paramus. >> one of the problems for mall security experts, you don't want to scare away shoppers. shoppers today say they're comfortable with the security around the ball. >> we're just hoping everyone's in the holiday cheer. >> if you get too worried about that, you wouldn't be able to go outside. >> they've got it covered without them being around. >> so there you have it, direct from santa claus himself. he says th
eamon javers is live with more on that. >> reporter: good morning. we're here at tyson's small in virginia, if you manage a mall, that shooting incident in paramus, new jersey is very much on your mind, as well as others around the country. they're stepping it up. take a listen. >> we're just hoping everyone is in holiday cheer today. >> there will be an enhanced police presence. the mall security is complemented by a law enforcement patrol. in many centers, they've worked...
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>> eamon javers in washington, thank you very much. the federal site, the healthcare.gov has been plagued from the start. now it looks like your location could play a major role in how well or how badly the site performs for you. bertha coombs is live in lexington, massachusetts with more on that. good morning. >> reporter: good morning, simon. we're at compuware. they've been doing an independent end user testing and monitoring of how people are accessing the site, healthcare.gov. it does seem there are differences. the government says it should all be the same because healthcare.gov is the one portal for some 36 states but there are differences depending where you are. this is a map of what you have saw a couple of weeks ago. and tell us what the red means. obviously not good. >> so what you're seeing here is real and user computers that we're using to test the response time of the site. and all the states that are red are indicating an average of greater than 8 seconds response time, which is considered unacceptable to us in our tes
>> eamon javers in washington, thank you very much. the federal site, the healthcare.gov has been plagued from the start. now it looks like your location could play a major role in how well or how badly the site performs for you. bertha coombs is live in lexington, massachusetts with more on that. good morning. >> reporter: good morning, simon. we're at compuware. they've been doing an independent end user testing and monitoring of how people are accessing the site, healthcare.gov....