>> charlie: welcome to the program. tonight we look at events in egypt and the prospect for a new election with nabil fahmy, the foreign minister. >> we are a pluralistic society. i want a society that is pluralistic, especially in politics. that's what i want to be. that's sort of the academic explanation of it. simplistic or the more defined, i want a democracy where my children and grandchildren can differ and come out and work together. i don't want a democracy that only reflects my experience. i want to include islammists and i will insist them not to exclude me at the same time. i want to be able to bridge the gap between the rich and the poor and to respond to the challenge and the embarrassment of having 30% literacy in my country after all of these years. >> charlie: the foreign minister of egypt, nabil fahmy, for the hour next. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> charlie: nabil fahmy is here. he has been egypt's foreign minister since 2013. he

. >> charlie: made from? pop tabs. >> charlie: yes, look at that. they are on the web site called sistersunited.com in the united states. and i always tell people, look at the beauty of these and think of what they're made of. they're made of what everyone would consider trash. it is just signifying these young women who are considered trash. >> charlie: good luck to you. thank you. thank you so much for having me on this show. >> charlie: thank you. we'll be back. stay with us. >> charlie: lynne cheney is here. she is an historian, best-selling author and wife of former vice president dick cheney. her book is called james madison: a life reconsidered, the fourth president. she senses his grand accomplishments are underrated. an historian writes her book deserves to stand near the center of our early american firm mament. welcome, lynne cheney. >> a great pleasure to be here. >> charlie: we saw you on the morning program and everybody is becoming interested in james madison. it must make you happy. >> i hope i can help in the effort. he has long bee

. >> charlie: yes. but i will say this, the notion hat the united states is unprepared to use military force is belied by the facts. you know, it was president obama that surged our forces into afghanistan. we are trying to bring to a close and will bring to a close at the end of 2014 our combat mission in afghanistan after the longest war in u.s. history. this president has been willing to use force to defend our interests and we also used force in context of collective international law in libya to deal with the threat gadhafi posed. >> charlie: that's not a great place today, is it? >> no, libya is having a difficult time today. >> charlie: what's our role to influence libya? >> in libya, frankly, we have tried hard to help a government come to the fore that is legitimate and has staying power. for now that is the case and now they've had a series of handovers from one prime minister to another, they have a rebellious congress that's at odds with the government, and we've also tried very hard to help

>> charlie: welcome to the program. "a raisin in the sun," lorraine hansberry's great play, is now on broadway, and we have some of the cast, including denzel washington, sophie okonedo, anika noni rose, and latanya richardson jackson. >> just the humanness of it all, the fact that each person, every character in it is multi-facetted. you don't lead one person. you don't go, this is the moral center. you go, oh, this person thinks, and then they go another way, and another character takes over. so like the ensemble -- >> charlie --he wants to do this family. he says later on, hell, yes, i would like a yacht some day, but turns around later on and says, yes, i'd like to get pearls for my wife. he wanted to be the man of the family and pick up the mantle where his father left off and take it to the next level because every day he sees these other families doing it. he sees the arnold family. he sees it. >> but, you know, as a woman, too, there's a joy of watching latanya being latanya and having people know her as latanya

>> charlie: welcome to the program. we begin this evening with two editors from the "economist" magazine, john micklethwait and adrian wooldridge, talking about "the fourth revolution - the global race to reinvent the state." >> there's a more fundamental ideological value that's a set of sal use in the 21st century whether top-down audit contract values of the chinese state tore the liberal democratic values of the west, i think the west for its own values to triumph needs to reform democracy, needs to make it slightly less, as john calls it, less self-indulgent and dominated by self-interest groups, and i think by shrinking the state and making it more efficient and directed, there is more a chance for liberal democracy. >> charlie: we conclude with stephen levitt and stephen dubner with their new book called "think like a freak." >> what i find is truly smart people, in my view, the smartest people are the ones who can explain what's going on in their thought processes. we're surrounded by people who are putitively r

>> charlie: welcome to the program. tonight we take a look at foreign policy here and around the world beginning with jessica mathews, the director of the carnegie endowment for national peace. >> there is too much lack of clarity about what the american principles and behavior are. there are people who seem to want to go -- you start shooting at the drop of every hat. i'm not talking about shooting, but i am talking about using that part of our foreign policy toolbox, the military part, to make a strong statement, and i think sometimes that's the only way you can make that statement. >> charlie: we continue with ian bremer, president and founder of eurasia group. >> we cannot isolate russia. we can push them toward china. it's not in our interest. our coalition on ukraine is canada because they have a large population and elections coming up and japan because they're japan. i like canada and japan, they're great countries, but it's not a goalings. >> charlie: we conclude with ram guha, his book india at the gandhi. >>

. >> charlie: and talk about. and talk about, the one pushing china out into the south china and the east china sea. that's remarkable to see. the one that's harder to see when you live on the ground and talk to people in china is their ambition in their personal and private lives and their families which is to transform themselves through this economic metamorphosis that the country is going through. >> charlie: you have been interested in the individual life for a while since you got to china. >> that's right. that surprised mow when i got there. everything i always studied was about the collective experience. it's a confucius society, a socialist country, and i found out people weren't talking about groups, that they were talking about themselves. and that forced me to really re-think how i understood the way that the society was organized. >> charlie: so you look at the profiles and it's part of the week book which is the idea of the people. let me talk about the broader picture. this book says something about

>> charlie: welcome to the program. as we go into memorial day weekend, conversations we have done with men who wear the uniform. we begin with general stanley mcchrystal. >> the taliban saw opportunity. they came back in said, look, what's happening? you're going back to the bad old days and the americans are not going to solve your problem, and they started to find fertile ground, not initially in huge places but slowly. they were able to grow their political power in some cases militarily. we made mistakes in not seeing it happen early enough. not reacting strongly enough when we did. we were underresourced in many ways, but probably most we were underresourced in understanding. >> charlie: we continue with general raymond odierno. >> unfortunately, eve several friends and young men and women i know personally who have given their lives for this country, who have been severely injured for their country, who did it because they want to protect our security and, so, i will be prepared and will do everything i can to ge

. >> charlie: yes, it has. politics has changed. >> charlie: yes. since bill clinton or linden lyn johnson or any of the other models cited. the republican is a much more conservative party and it's become a different thing. sounds like a white house talking point, but you can't underestimate the extent to which an opposition party that decided from the day that he got in -- that president obama got in office that it was in his short-term political interest to oppose -- >> charlie: but he was not a member of the tea party. >> yes, that's true but they're dealing with the republican electorate that's changed. the example -- and, so, he's not had a partner on the other side. bill clinton at various times, brilliantly but opportunistically could find cooperation with the republicans and times when republicans opposed him in lock step but when he had the opportunity he seized it. president obama has not had that many opportunities. >> he hasn't chosen to kill with kindness his political opponents, and i think that's hurt his ability -- >> charlie: so he

> charlie: yeah. in some ways, it made our crisis much harder, too, because with the world much weaker and the world, you know, fading as we were wrestling with our crisis made it that much harder. >> charlie: then comes t.a.r.p. as you know, people look at this and they say the problem was you had to do this to save the financial system, and the other view is that, you know, the arsonists got away with it -- they set the fire and we took care of them. how do you see that in terms of whether you created, because of your mind set, where you had been and your experience and the people you knew, that there was a better way of rescuing the financial system? >> you know, i've listened to these debates in retrospect a lot. >> charlie: you have a list of quotes from people. >> yes. i have not yet heard a plausible argument that there was a better option available to us or a more effective strategy for protecting the average person in america relative to what we did. what we did in those weeks after t.a.r.p.

>> charlie: mr. secretary, thank you for joining us. >> charlie, thank you. >> charlie: i'm actually joining you. a part of what you command here on this naval ship here in new york in fleet week. how do you like your job? >> i am privileged to have this job. i like this job as much as any job i've ever had. who could not like this job? you are associating every day with some of the most unique, special people in the world, people who give completely of themselves, their families. you're doing this at a time when the world is essentially redefining itself. we are in this country, in many ways. >> charlie: your own service in vietnam was app defining moment for you. >> yes. well, i think anyone who derves our country in -- service our country in any capacity, as defining moment, but i think battle, combat, war further defines you. it probably tests an individual as deeply and widely as you can be tested. i look back on those days, charlie, every day. it certainly helps me do the job i have now because

. >> charlie: yes. she said to me, you know, i'm juicy like a peach, and she would hold her head like that. i'm juicy like a peach. she was very smitten with you, charlie rose. >> charlie: well, thank you. it's a testimony to her and what she meant as a part of the legend of maya angelou. >> i'm delighted to be her. >> charlie: back in a moment, stay with us. >> in my youth before i was corrupt bid the business of national security, i was a poet. >> charlie: you were a poet? and i loved writing and studying poetry. and she was from my earliest days as a student of poetry one of my very favorites. then as i grew up and had more opportunities and exposure, i got to meet her on a number of occasions, and she had such grace and warmth and dignity, she was extraordinarily affirming of everybody she touched. >> charlie: nasir jones is here, most know him as nas. professor of english at harvard calls him a poit illmatic, his album, introduced people to the streets of new york. it was written, it's a depiction

now charlie munger. thank you so much for joining us. >> i'm delighted to be here. >> people come every year because they want to hear the two of you on stage together. i talked to so many shareholders this weekend about it. you have been together how long being on stage? >> mostly 50 years, more or less, hasn't it been, warren? >> yeah. about that. >> other than being a year older for all of on us, what did you learn this weekend? >> i think you learn something. it's starting to put a finger on it. i very seldom have an ecstatic moment. >> i always learn something when i listen to charlie one of the things i have a lot of fun with at the annual meeting is just getting up and hearing what charlie has to say. >> do you ever talk about it in advance? >> never. >> you two have -- >> preparation would be cheating. >> you have perfect comedic timing. has it gotten better over the years? >> we are natural wise asses. >> that's what attracted us to each other. i'm serious about that too. >> you two met when you

one charlie brought up. we heard this before, and another one a lot of people scratch their heads on. what are you doing with the money you already collect? >> the fact that you have experienced as much, and there's a very good point, people are using cars and they get better miles per gallon, and the only they know i am worried about is toll booths slowing down highway traffic, and also the best point charlie ever made is they always say there is an infrastructure problem, and the democrats always, always say that. >> because there is always a problem. >> $90 billion is a nice and juicy number, and not even you would argue that money will go to what they are saying it will go to? >> no, i argue exactly that's what the money will go to. don't worry about slowing down at the booth, ben, because this new technology called fast track technology in some states will allow people to whiz right through there. >> yeah. >> what cracks me up about this conversation is you fiscal conservatives bemoaning what the admini

and charlie baker is involved and charlie baker's having a really hard time these days, what with the tea party guy and the million-dollar bribe and all the rest of it. but the other politician who was involved in this story, in a way that i think is inarguably worse than the way charlie baker is involved in it, is this guy, new jersey governor chris christie, who himself is not having a very good week. this is governor christie giving a talk today at a fiscal summit, all about his chris christie wisdom on fiscal matters and fiscal conservatism. governor christie had to give that long planned talk this morning, just hours after the credit rating in new jersey got downgraded for the sixth time. mr. christie has now tied the record for credit rating downgrades in his state. in the morning after the sixth downgrade, he has to give the, you know, look at my fiscal policy talk, to a national audience. this is junivery awkward. beyond that awkwardness, here's good old david serotta and "the boston globe" reporting on a $10,000 donation made to the new jersey republican state committee by ch

warren buffett, charlie monther and bill gates. choosing your financial adviser, how to find one that fits and who do you trust?" on the money" starts right now. >> this is america's number one financial news program. "the on the money," becky quick. >> here's a look at what's making news as a new week on "on the money." federal reserve chair janet yellen testified before lawmakers on the house and the senate and said though that the economy is improving it still has a long way to go. to most people that means interest rates will stay low for a long time to come and that's good news as far as stocks are concerned. the dow and the s&p 500 had their best day in three weeks on wednesday after she spoke. they were mixed on thursday and rose on friday. earnings season chugs along. pfizer beating estimates, disney bl blew out expectations and tesla foal its outlook and zil low was beat as well. ali banna fighting for its initial public offering this week and is expected to raise more than $15 billion when it goes public. it could be the

charlie joins us by phone. you are treating last week. what else did he say, charlie? charlie: he says the market is in a dangerous position. as you were watching fox business over the past week or so, we said he was a guy to watch, move the market, be very cognizant at this point because the market is in a funky position. you paul 10 people, you can get 10 different answers. david has been around for a long time, even analysts say he understands the company, he understands the economy and made a lot of money. this guy kind of gets it. he was the marquee name. it would have been nice to have him earlier. in a dangerous position in the market. this is the one thing we talk about the fed and easing and the notion they keep on printing money, we talk about inflation. one of the things here is the potential for inflation is money printing. one of the things people are talking about is deflation. there is a real worry. melissa: what is he doing? charlie: what he is worried about is the gdp number getting worse, corporate earnings getting worse and you can print money all yo

thanks, charlie. today, the u.n. security council added boko haram to its list of terrorists and it imposed economic sanctions. boko haram kidnapped more than 200 schoolgirls in nigeria last month. the u.s. has sent drone aircraft to help in the search. in an interview that will be seen tomorrow on "cbs this morning," charlie rose asked defense secretary chuck hagel if the u.s. knows where the girls are. >> northern nigeria is where those girls were abducted and where they initially were. they may be, some of those girls, in other countries. we don't know. >> reporter: you have no information as to where they are? >> we have information but we don't have any solid evidence. >> reporter: if we did, we would go get them? >> we would do everything we could, as president obama has said, to facilitate helping locate them and figuring out what's the quickest, easiest, fastest way, lowest risk to get them out and helping facilitate the nigerians getting them out. >> pelley: the rest of charlie's interview on "cbs this morni

new jersey had made the decision to invest a ton of money with charlie baker's firm, right after charlie baker gave a big donation to new jersey republican party. now, this has become a political issue for charlie baker as he runs for governor in massachusetts, he is having a hard time of it anyway. boston globe has been all over this story since it broke, charlie baker has been answering questions about it daily. it seems to be dogging him at this early point in his campaign. in new jersey, though, the real problem is that new jersey has a very clear, short strict easy to understand law that says your firm cannot get investments of new jersey pension money if you are giving political donations to people and parties in new jersey. charlie baker's defense so far is that he doesn't have anything to do with that firm, doesn't work for that investment firm in a way that should trigger the new jersey law. here is how charlie baker listed himself when he made the donation, listed himself as partner in the firm. if you're a partner in the firm, the law in new jersey is clear, you cannot give a

so you have to look into each deal. >> charlie. >> all deals when you combine two companies they look for economies of scale and tacks are clearly part of that. i've been covering m & a for a long time. i know right before -- >> that's mergers and

charlie: i can. this is what we know, and this is a pretty interesting advance on this investigation, eric snyderman is essentially one of the first regulators, the attorney general. he is after high-frequency trading and looking at changing the practice of it. we have understanding that the investigation is heating up and up where people inside the office and people most of this investigation are telling the fox business network they are eyeing possible enforcement action as early as this summer. that the put a quick turnaround. liz: was the charge? charlie: it will be a fraud charge, but let me clean. they are looking at the combination of high-frequency trading firms, how they work through those private marketplaces and whether they have private arrangements in those pools to give certain high-frequency trading firms an unfair advantage over others. that is what they're looking at. i can't tell you if it's a criminal charge, it will probably be a civil charge. they don't know yet. they don't know

neil: charlie? >> i say crew exxon, i am starts tsto sound like obama -- >> well you want sanctions, have you recognize it. >> if you want to hurt putin really bad, you have to take 2000 off dow. neil: could it come to that? >> i think so. neil: what do you think? oil is a big part of the dow it will hit us, hit us hard, but that is the way it should be. >> it is today oil companies have been doing okay, i am in the screw exxon camp as well, they put $600 million in this project with prospect of making hundreds of billions, other executives met with putin years ago when you sign this deal. you had to know who you were drinking with, if this goes by the way side that is their own fault, the russian ruble and economy is suffering bad enough with all that is going on, i am sure putin's buddies are not happy. neil: to make impact as onerous as you want. >> the corporations have their talents deep into this -- talons deep into this administration, charlie mentioned he sounded anti-obama, obama is pro cor

charlie: about five minutes ago, 10 minutes ago. liz: it is down right now. charlie: of course. even on positive news, i kill companies. i would just tell people the stock is way up today for other reasons, there's a lot of noise going on from herbalife. if there is an investigation, it will start today may be. but it didn't start when those reports were first coming out. there is no formal investigation. it is the same thing. they are talking to whistleblowers. the southern district is even more stuff in that one because the fbi is talking to people. liz: i like to say this about herbalife like any other company, they're going to be disgruntled employees. always. charlie: they clearly have gilded people coming in and talks to them about the business model. as of right now it is nonexistent. liz: a company around for more than three decades, it would have imploded by now of it were a ponzi scheme. charlie: why don't you invite connie chung on to see how she got involved. it is kind of interesting, isn't it? bring them both in. liz: that's a man. thank you. 29 minutes before the

charlie, you have been all over this story. charlie: i think if you're an investor, listen to jack because he knows the law, he knows the intent of the law and he has a good insight into the game plan. it will be charged criminally in this new regulatory regime proposed by eric holder that nobody is too big to jail. >> it could happen, but it hasn't happened yet and it isn't about to happen. this is the test case, the vehicle that the federal government probably most wants. a foreign bank because credit ct swift is a perfect test case for three reasons. one, there probably won't be any run on the bank because all its depositors are in switzerland and they're not that concerned about what happens in the united states. two, they will not be any title wave of civil litigation. if this were an antitrust or security case, there might be multibillion-dollar class actions filed with no clear result. u.s. citizens committing tax fraud. charles: this is a tax evasion case going back many years. >> those people have unclean hands, they c

cher karl charlie, thank you. closing bell going to bring, sony's playstation iv may be the star product, but can sony break apple and samsung's dominance in the smartphone be market? is we're going to ask mike fasulo whether he's got any game-changing products in his pipeline. this is only an exclusive right here on fox business. >>> and if you're an athlete who's fed up with skin tight jeans, charlie? [laughter] >> you never see me in my skin tight jeans? cheryl: no. there's a start-up for you. we're going to talk to barbell apparels cofounder, the kickstarter campaign, they want jeans that fit muscular legs like yours. not regular legs, charlie's legs. ♪ ♪ stick with innovation. stick with power. stick with technology. get the flexcare platinum from philips sonicare and save now. philips sonicare my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every d

sharna and charlie. >> that was good. >> we were a little worried. >> hey, charlie. >> hey. >> so great. >> charlie, olympian ice dancing partner, meryl, tweeting her support. saying she was disappointed to see you leave. class, work ethic and positivity surrounding you two all season long. we agree. >> we agree 100%. we got a very special message for charlie. got a surprise for you. take a look. >> been together for more than 17 years. i'm proud of everything you do. but even more so, i'm just so proud of who you are. >> who you are. >> how does that make you feel, man? >> it's special. but you know, i know -- that's a relationship we have. it's unspoken. honestly, we look at each other and can read each other's minds. 17 years of spending all day, every day, with a person. we never fought. we never got into arguments. we were always on the same page. and just to have that alone in a partnership is amazing. but to take that to the olympics and win a gold medal, you know, is really the perfect way to celebrate something like that. and this experience, this show, has been a topper for bo

charlie daniels -- >> what? >> charlie daniel high school a new album that came out yesterday called "off the grid." he does dylan, he worked with dylan back in the day. today he's working with us. >> you mean bob dylan? >> yeah. >> wow. he's good. >> he's been rocking for more than 60 years from one of my favorite towns, wilmington, north carolina. he's about to perform "the devil went down to georgia." here it is. ♪ ♪ he was in the bind when he came across this young man's soul to steal a fiddle. the jumped on and said boy, let me tell what you ♪ ♪ you probably didn't even know it but i'm a fiddle player too ♪ ♪ and you care to take a during i'll make a bet with you ♪ ♪ you play a pretty good fiddle boy ♪ ♪ i bet this fiddle of gold to get your soul 'cause i'm better than you ♪ 'cause he's broke loose in georgia and the devil's deals the cards ♪ ♪ and if you win you get this shiny fiddle made of gold ♪ ♪ but if you lose the devil gets your soul ♪ ♪ the devil opened up his case

charlie charlie? >> allen, thanks. there is a lot of history at the baseball hall of fame, but it never saw a presidential visit until thursday. president obama got the to hold babe ruth's bat and a world series ring from his favorite team the chicago white sox. he also left something behind. >> at the hall's request i contributed something of my own, which was the jacket i wore when i threw out the first pitch at the 2009 all-star game. i hear that with all the media attention about it there was some interest in the jeans i wore that night. but michelle retired those jeans quite a while back. >> thank you, first lady. >> you didn't like those jeans either, did you? >> no. >> grandpa jeans? >> grandpa jeans. you've gotten rid of yours, too, i hope. we pointed out that you had some, too, charlie. we've done a cleaning of his closet, too. charlie rose is cool. >>> ahead on "cbs this morning," a psychiatrist shows us why your job may not be as stressful as >>> billy reid is a top fashion designer but more than a decade ag

melissa: what do you think, charlie. >> feminist charlie. >> i think women who, that don't want to marry shouldn't have marry. i know a lot of guys, my brother, doesn't really want to marry. he is doctor, very successful. melissa: how old is he? >> he is almost 50. had a bunch -- melissa: took you a while. >> just thinking how old i am subtract three years. and you know, he is highly successful. meet as lot of women. has, had a long-term relationship. >> men are different. men are different. men are different. they don't have to marry. don't have same -- melissa: women don't have to marry. >> women don't have to marry but woman who want to be married and have children can not wait as long as your brother. >> i agree with that. some -- i'm against telling people, like, your life will suck if you don't marry. >> nobody is saying that. charlie, nobody is saying that you have to marry. >> i'm glad i'm married. people i think marriage is good thing. people don't like to do it. there are woman who are highly successful and very independent. sometimes -- melissa: that is why you don't need to b

charlie gasparino war do. next we have david asman and scott martin. we talk about this all the time. not that these issues do not come back. now there are some problems. >> i want to see the market implode a little bit to see the prices come down. twitter was public at 29. the inside price. the stock barely making any money. is losing users. neil: but you can tweet your concerns. [laughter] >> some of this is good. neil: is at 112? 140. whenever. >> by the way we have more supply with alibaba the biggest ever ipo. i would just tell investors. that it could go further down. you don't hear one wall street firm to say be careful. with this alibaba ipo. neil: with all of the offerings. neil: but they are squeezing out the retailer's. >> are you really conspiratorial about that? neil: o no. but they say it is a conspiracy to grab their retail investor then they get out. >> but the differences in matt is just figuring this out now been have been reporting this since 1999. [laughter] you just wonder why people keep falling for it. neil: that happens before t

charlie crist did well with hispanics in 2010. >> he did. you see a massive puerto rookie been vote coming online. 250,000 puerto ricans have moved to the orlando area driven by jobs at disney world. you see greater support for them on the democratic side. the fact that they happen to have some relationship with charlie crist, a lot actually pulled the lever for him in 2010, that's going to help him. that's why you see governor scott making such an aggressive push. he went on the air with spanish language ads. as early as i can remember in a cycle just a couple weeks ago and naming as his lieutenant governor the first hispanic in florida. the swing vote, decisive vote in the state of florida coming on the heels of the midterms. >> i will recall as you will rick scott tried having that first african-american lieutenant governor and we see how that worked out for him. that doesn't help you when you're in the 30s. but thank you very much for being here. really appreciate it, man. >> thank you, joy. always a pleasure. >>> now a reid alert on hea

and it's difficult, charlie to go back to 2012. but if you and i can go back there in our minds, we're in the throes of a general election. and one of the narratives is that al-qaeda's on the run, osama bin laden is dead, g.m. is alive. i think that ben rhodes memo probably was the straw that broke the camel's back because that memo made it really clear we're going to blame an internet video and not a broader policy failure in libya. charlie, i'm an old da. if you really think it was the video, then cite me all the evidence. that's the mantra that we hear, that we use the best evidence we had at the time, that there wasn't an intent to deceive. we were just mistaken, back to the five susan rice talk shows. well then give me all the evidence that buttress what you said at the time because there is none. >> rose: so you don't believe anybody from the cia who said at the earliest beginnings, we were not sure. we in washington at the cia were not sure exactly what was going on. we later, you know, looked at all the evidence but that wa

who wants to deal with charlie ergen? my light -- mike white might be more amenable. >> that is a fair point. it is going to be interesting to see what charlie's next move is. everybody is talking about his interest in t-mobile. not shied away from acknowledging his interests. he is going to be potentially leading the next transaction. >> felt more to come. thank you so much, jon erlichman, our bloomberg west coast correspondent. and to paul sweeney. the at&t-directv combination will be a hot topic facing fcc chairman tom wheeler on capitol hill this morning. he can expect a grilling over has just proposed new internet rules on net neutrality. peter cook on the hill with more. it is going to be a challenging morning for wheeler but he seems to be used to it. bracing for ae tough morning on capitol hill. he knows it is coming and he has offered a spirited defense of his actions at the sec over the last couple weeks. expect nothing different today from tom wheeler when he testifies in front of the house energy and commerce