Senator Akaka, talks about his humble beginnings, learning the importance of saving and financial literacy, and his efforts to educate and protect American consumers. This video was created as part of YouTube Town Hall, answering the question “Given that 50% of Congress people are millionaires; do you represent the average American?”. To view the debate and choose the side, please visit www.YouTube.com
Richard Cordray, President Obama’s latest pick to lead the new Consumer Financial Protection Bureau, faces an uphill battle for confirmation in the Senate this week. Judy Woodruff discusses the nomination and disagreement over the new agency’s structure with Sen. Sherrod Brown, D-Ohio, and Sen. Kay Bailey Hutchison, R-Texas.