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It's kind of the same thing for Elizabeth Warren -- is scheduled to make another appearance before congress tomorrow fireworks.
Expected again the potential -- new consumer watchdog agency drew criticism.
But she ran out before powerful lawmaker had a chance to even ask a single question.
And that's Charlie Gasparino he -- it right anywhere in fact he's here with especially yes -- That's -- goes on chain to deceit.
Her analyst I think it was reported that special this is Darryl Darryl -- the chairman of the house oversight committee because it is it thank -- thanks for joining us.
Thank you Charlie and thanks for covering this important issue I will keep covered before we get -- Elizabeth Warren in the controversy.
About this new consumer protection bureau.
Can you give us an update on the debt ceiling negotiations where are they right now.
Republicans stand ready to raise the debt ceiling.
Either short term if necessary or long term if possible and -- those negotiations -- along briefing led by Eric Cantor.
What the speaker president.
That that laid out a lot of the good work that has been agreed to and I think that's which are not hearing on the news is.
There is a lot of agreement agreement that some Democrats don't like maybe agreement some Republicans don't like.
But when you get to a million a bit sorry one point seven trillion you can't agree on.
You need to go the rest of the way and get a deal for the American being -- what what are you give the chances are for a deal before that August 2 deadline.
Let the American people deserve to you have the government continue running.
But running at a rate that spends less -- they have no doubt that Eric Cantor and speaker Boehner intend to make sure that happens.
You -- -- how do you assess the chances for a default.
-- -- Zero we're not gonna default.
We're we're look we're America is good that we pay our bills we are the best place for people -- the world to.
To put money knowing it's a 100% -- that's not gonna change our.
Thank you for that let's go to Elizabeth Warren.
-- -- -- spectacle last time it was a different committee this is your oversight committee did last committee was the Patrick McHenry committee.
On TARP and I was in the audience and I remember you had to take.
You -- to go get go on the on the floor to vote on something and then Elizabeth Warren refuse to hang around for you to come back do you think that was appropriate.
-- -- I was there and -- left the room thinking that we had the opportunity for a couple more questions.
My sub committee -- chairman Patrick -- -- was very willing to miss votes to stay.
To get the job done.
But for whatever reason.
You know professor Warren was not prepared to stay longer she had another interview to go to.
I talked to her yesterday she's assured me she's cleared her schedules.
I was able to love being with us I didn't -- -- actually she's able to be with us and answer all the questions what are you -- handed the -- your.
But the oversight committee -- a lot of questions they have a lot to do with how she would do the job.
If she's appointed but more importantly how she believes that -- very powerful organization should work.
What the powers are an art and with the checks and balances will be as you know we're very concerned right that this is an entity that's essentially funded around congress but as yet it has the ability to bully banks why -- I was gonna ask you did you have a problem with terror or the -- The consumer protection that you're big.
-- big problem is with the entity.
You know the senate has a confirmation -- that they -- you're looking out with Elizabeth Warren.
What we are where the oversight committee and the reform committee.
Our job is to make sure that government gets right what government does this is a big powerful organization created.
Quite frankly with the very loose -- to -- up to over 2000 pages and Dodd-Frank.
And this is practically a footnote we need to make sure we get it right because we don't want to have consumer products limit.
By definition products available to consumers.
There have been some reports out there that maybe not you would other congressmen believe that.
-- that Elizabeth Warren might of lied to congress in describing her role in the mortgage for -- settlement negotiations it's going on with the banks.
Where she played a minimal role -- advisory role.
We now see emails coming out this suggests she was may be more involved.
I mean it did do you think she lied to congress in in in describing her role.
Well we take very seriously truthful.
Testimony before congress is.
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