not just dodd frank, basel iii, more for brussels. a lot of these are contradictory and overlapping. all i want is we sit down and have a conversation about what do we really need for safe and sound isn't all that input is creating the necessary burden? debt burden will be hired the smaller you are in my opinion. i don't want to hurt community banks. they have a great role in life so i think we need to collaborate to get it done. it's not going to gets done properly if we fight with each other. like i said the most important, capital and liquidity. and there are 398 other rules. but you should know we are trying to work with everyone,, day. we have no choice. we have to accommodate and we are going to do it. we are going to do it in the spirit and the letter of the law. that is what we are going to do. regulators get very mad at me when i comment at all. we are going to comment that we will determine what we are required to me. jpmorgan will do fine no matter what. believe me, i'm not worried about jpmorgan. i am worried about the cou

will the prime minister do britain proud on friday and show some bull-dog spirit in brussels? >> hear hear! >> our history of repate traiting is not a happy one. might i south a relationship based on free trading both, and competitiveness which other countries enjoy and not political union and weighted regulation. this e.u. summit is a defining moment, a ones in a -- once in a lifetime opportunity. >> choosed the prime minister of sending out different messages. >> on the eve of the biggest postwar rebellion against a prime minister on europe, he was telling his back ventures that the opportunity of treaty change would mean in the future the repateotas of powers. why does the prime minister think it's in the national interests to tell his ventures one thing to quell a rebellion on europe and tell his european partners another. >> i don't resolve a single word i said in that debate. what we want to do specifically and particularly in the area of financial services where this done country has a massive national interests that reminds him it's 10% of gdp. 7% of uk employment i wa

the thank you and didn't stay over in brussels. the thank you. the usual practices ensure brussels. the thank you. the usual practices ensure you are where i'll speak about five minutes then urge you to be very direct, forthcoming, candid. mr. allen, you are first. >> thank you and the chairman baucus, senator kyl come in to see which members of the committee. chairman and ceo deere & company on behalf of john deere in the business roundtable, thank you for the opportunity to provide testimony from establishing trade relations with russia to john deere and the u.s. business community. granting ptnr is crucial for manufacturers, service providers and agricultural producers to receive the full benefits of russia's wpo session. it is essential to enable us to compete on a level playing field for russian customers. the reasons are clear. first, ptnr launcher he was trimmer for customers doing business in russia. it is a concrete sample. russia has committed upon a session to significantly reduce the tariffs on imported agricultural equipment from 15% to 5%. however, it is likely that ru

that is completely against turkey's vision, and we have said so at every opportunity in new york, brussels and tehran. similarly, we are against any intervention the would have an effect on the region. diplomacy is the only viable option in resolving the issue of iran's nuclear program. likewise, continued engagement and dialogue even at the point it seems to fail is important to prevent iran from going further restraint. therefore, we are committed to facilitating a diplomatic dialogue among the parties. in this regard, we hope that the technical experts meeting to be held in istanbul next week on the third of july would find enough common ground to reserve the talks between the five plus one and iran which had initially commanded and another meeting last april. there are issues we don't see eye to eye with iran. however, we see to sort are a hour differences through dialogue luke, trying to avoid public. here again the consider the dialogue to achieve results. ladies and gentlemen the fight against terror continues to be one of the issues on the trade agenda in the united states. there a

i was just thinking you are at in the toughest job of all, having to travel to london and brussels and paris and so forth dream act >> i made it clear to secretary clinton that i am willing to spend as much time in paris is needed in the coming weeks. >> fair enough. a must a year ago, secretary gates many strong statement to the alliance. in which he lamented, that many of the allies are unwilling to devote the necessary resources or make the necessary changes to be serious and capable partners in their own defense. where does the administration stand with respect to that statement today, and what can we hope for? >> mr. chairman, as i underscored in my statement, we continue to urge our partners in europe to uphold their responsibilities in the areas, including the common pledge of 2% spending on defense. it is a reality that long-term european defense, the trend of european defense spending, is poor. in the long run, if it helps sustain the alliance, we won't be able to do for so many years and decades, including in libya, where notwithstanding the real constraints that we face, the

in brussels we need their representatives because they explore space together to embark on space and ventures together. wrote we were perfecting our gps. yes, it was military funded come of the once it became part of our commerce, then the ownership shifted from the military to the public. the plant is are you equipped with gps receivers to fly around the world. europe was planning a competing system called galileo. extremely expensive. we were part of the aerospace -- aerospace commission. we said you can use the gps. they said no. we were afraid that we would then have to equip all aircraft with galileo that would be expensive. we were sitting in a room we were saying we want you to use this. they would do it on their own. we were almost a big gain because we had economic issues to protect. ms. sky9 was smug his chair may have been a little higher than mine. and then i had an epiphany. i said to myself, i am gingrey. i am pissed off. not because he is smug but here is an industry, and enterprise that we pioneered and resetting added table bargaining as though it is soybeans. as if

brussels is almost always about to break apart. you've got problems in hungary. my friend paul duffy talks about the race about these right-wing anti-immigrant populist parties and this they think is the future. even the chinese are not a theist. but that the way the to do battle with the leakers in pyongyang and into bed. the tibetan religion and ethnic identity is challenging the week up of china and the muslims want to break away from china and established east turkestan. they sell the russians and that fell apart. that ain't going to happen to us. so they keep moving chinese send. so i know that people can't talk about that. we'll be talking about what it is that could kill us. >> first of all in britain were quite happy -- [inaudible] last night. >> tell me the same thing. [laughter] >> i've lived for about six months in los angeles. they think hispanics are pretty good job of integrating. i think they share letters to american values. hard-working, focused on their families. they're still a melting pot up reading. heather macdonald dutchess solomont p. she

government which is a group that oversees the nato nuclear weapons policy so i met a number of times in brussels with representatives of every member except the french who do not participate in the high level so 27 of 28 and as you can imagine anyone with 28 is a tremendous heterogeneity. if you are in poland on the edge of the russian border, with the history they have had with russia you have one view about the need for some of the systems and if you are in spain on the beach, you have a different view and it's not easy to come to a kind of consensus on what to do. but overall there was strong support in the members to go forward with the u.s. proposed to the thought it was important to reassure the public and their government officials that the u.s. wasn't going to be there especially at the time president obama was advocating the reduction and elimination of the nuclear weapons command of the nuclear security guarantee has been the cornerstone of the nato alliance since 1949. so here there is in a way forward ankle in the defense policy motivating the switch this is a non-nuclear to mention

years but it would also say that it is an honor to follow the minister i think everyone who ever sat in brussels is very much aware of just how fortunate canada is to have an articulate unapologetic minister of defense who can express what many of us have difficulty putting across in terms of the civilian military that we all have to work to close. i'm not quite sure. i'm not quite sure what is in the north here but i will just tell you that i come often to get very frank and candid advice which is what you'll get from true friends. they don't tell you all the time what you want to hear, what you need to hear, and that tradition really continues, ladies and gentlemen with commodore and italy and canadian officers that you have assigned to my staff. it's interesting that his predecessor when i was called by the head of state in the middle east to bring in an american planning team had a canadian brigadier walking to the king's audience there and say i'm here to commit the u.s. government to your protection. [laughter] and he did so by the way with our full authority. it shows the level of trust t

the uruguay round had collapsed in brussels in 1991. we came home and begin to negotiate the nafta. president george h.w. bush signed in december of 1992 and it was put through congress the following year. within four or five minutes we completed the uruguay round. people came back. they did not want to have the north american market, which was so large to not have the benefits for the global economy. my friend to my lectures thinks that delhi is that. i agree it is on life-support, but i also believe there is a way to bring it back. any still on my left. [laughter] no change at all clear. and i believe doha could contribute to the five strategies you just mentioned, but i don't have time to go through. but i tell you there's a simple package that would poppers and gains than i would move forward if i had the chance to do so. the transpacific partnership is the only trade agreement that this administration is negotiating a and i think occurred, could be grave. the stated goal and i quote mr. bring together economies from across the pacific, developed and developing into a single tra