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News that's right -- congressman Ron Paul is looking for more information about the emergency loans the Federal Reserve made to banks during the financial crisis.
Robert -- Robert what kind of information is -- looking for an of this hearing.
Well we -- -- as if he bears his knuckles in this hearing Davies certainly try to get more information about.
Loans or made emergency loans during the height of the financial crisis in fact he's -- that.
House financial services subcommittee on domestic monetary policy BI wants to find out more about these -- they -- unearthed by the way by a two year Freedom of Information Act a legal battle led by Fox Business.
Most of the -- went to the biggest US -- spent the height of the crisis too big European mixture down the big a short term loans.
-- the most astounding thing -- do.
We see in these documents is so much of the went to the -- banks you know it looks like that's on the New York he was doing the New York fed was doing.
-- this the this whole system with bailing out.
And days of course let's -- do the confidential any system -- -- he loan system known as the discount window.
Lender of last resort if you of the Fed doesn't get full disclosure that hearing today Diane.
Representative Paul has threatened to use subpoena power to get those details.
-- -- Thanks Robert.
And -- -- they -- executive chairman Eric Schmidt took the stage at the all things digital conference in California he just many issues in his talk including privacy.
Google will remain a place where you can do anonymous services that we don't know anything about you.
And we're very committed to having you have control over the information we have about you.
From our perspective the ultimate answer is transparency we tell people we know.
Schmidt also admitted he quote screwed up as CEO of the search giant because he didn't take the threat of FaceBook seriously.
And now we have some deal news to tell you about this morning packaging company sealed air is buying diversity for four point three billion dollars diversity makes cleaning products.
Our Ontario that breaking his point four billion dollar deal also -- that is Khalid Sheikh Mohamed is facing these terrorists have been murder charges those charges against him and four others.
Were dropped back in 2000 denied when the Obama administration wanted to close down Guantanamo Bay and and try these Seth people in new York and now the five men are gonna -- sure tried on refile counts.
In front of a military commission.
All five currently are being held at gitmo and could be combined into one trial this could be combined into one trial.
Last not here -- New York Donald Trump and Sarah -- a decent pizza together they had dinner.
And met for about fifty minutes -- trump tower before that talking about the economy.
Ellen says they agree on ideas for turning the economy around trump says he hopes Palin runs for president.
But then the Donald stopped short of actually saying he would support her if she did but he did a pizza with -- last night -- They -- space shuttle endeavor landing safely back on -- for the final time this morning the crew of the endeavor including the husband of congresswoman Gabrielle Giffords.
Spending more than two weeks at the International Space Station.
In early July Atlantis takes off for the final flight and NASA space shuttle program.
And as you mentioned the Miami Heat taking the early lead the NBA finals beat the mavericks last night.
In game 192.
To 84 LeBron James and Dwyane Wade able -- combine for 46 points between them.
There's LeBron hitting from.
Long range but it was their defense that ended up winning the game down the stretch shutting down the mavericks and game -- will be tomorrow night.
In Miami and with the heat up one game to none let's get a check now.
Other weather forecaster on the catcher we have Maria Molina standing by in the Fox Business weather center good morning Maria.
Good morning -- -- we do have another unsettled day across actually another warm across northeast with a very warm temperatures.
-- -- 88 degrees today -- -- exceeding 91 at Philadelphia and you aren't gonna have a cold front rolling through later on this afternoon so that's on some thunderstorms.
We'll fire out I think -- delays in -- the airport and some of those thunderstorms -- severe.
Otherwise west of the cold front Chicago Detroit drying out temperatures much more pleasant today now in the seventies -- All right Maria thank you for that now he's a regular.
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