obama administration scrambling. fox news chief washington correspondent james rosen with our report. >> reporter: from the people's bank of china came the surprise overnight announcement, the chinese government is lowering guidance rate for currency, the yuan. the largest one day devaluation in two decades and the shockwaves caused contractions at all major european and asian stock markets. japan japan's nikkei and the dow jones plunged 225 points. >> we have pressed china to continue financial reforms and while we want to see additional economic reforms, believe that are needed, but we have seen progress. >> reporter: china's move came after release this weekend of data showing that exports from the world's second largest economy fell by 8.3% in july. these figures affect huge numbers of americans. generally when china devalues currency, it makes chinese exports cheaper to sell abroad and products from foreign countries like america more expensive to purchase over in china. with the u.s. federal reserve poised to i

not just the obama administration but the impact, what reductions when obama and congress could not reach an agreement on deficit reduction. .. why should we be worried about reducing military spending. and why should we worry about this as an ongoing part of doing business and how the pentagon had to sustain forces. >> good question. one thing certainly is we have enjoyed its technological edge that that has slipped through espionage. we certainly see a rising threat from china and russia but looking long term we want to keep investing and with sequestration, the uncertainty in the environment has undermined what has been going on in the defense sector and in terms of ground forces there is a real concern we don't have enough, we of the world's only global power and part of the administration's approach, their view was we were going to get a lot of other countries to pick up the slack for us. nato tried to get as involved in afghanistan and they let establish nato defense spending is paltry and even though we cut our own spending they are not acting. we can't get the middle eastern count

the obama administration has given approval for drilling in arctic yesterday. can you talk about the sierra club's response? we are very disappointed. talks aboutnt climate change all the time and talks about it in his trip to alaska. this is a very bad decision. is not a very clean company. mishaps andtory of problems with drilling anywhere in the world, but especially in an area as challenging as the ocean. this is not going to make our climate any better. if we're serious about fighting climate change, and this president seems like he is serious about it, we know we keep dirty fuels underground where they belong. this is a really disappointing decision, one that is not consistent with what this president has done in other change.round climate amy: can you talk about what this drilling could mean and exactly it will take place? there's a very small window, is that right? it is a very short drilling season. this is a cynical issue. canonly reason shell consider drilling in the arctic that's climate change, now it is getting warmer in the arctic, the ice is bre

if president obama doesn't like the rhetoric of his administration becoming the ofld's leading financier radical islamic terrorism, there is an easy solution. financing radical new -- radical islamic terrorism. [applause] the fifth thing i intend to do on the first day in office is begin the process of moving the american embassy in israel to jerusalem, the once and eternal capital of israel. [applause] a lot of candidates both democrat and republican have made that promise. inevitably when they get to the white house, their team says, gosh, if you do that, other folks in the middle east will be unhappy with you. noticed, they are already pretty unhappy with us. the biggestyou difference between me and the other fine gentleman on that stage in cleveland. with me, when i tell you i am going to do something, i am going to do exactly what i said i would do. [applause] that is day one. [laughter] are 365 days in a year. four years in a presidential term, four years in a second term. by the end of eight years, there are going to be a lot of newspaper editors and reporters who have checked the

but now that the ice breaker is back on site in alaska, the obama administration has just given shell the final authorization it needs to start offshore drilling for oil up there. that decision came down yesterday. and today the obama administration was publicly rebuked for doing that by democratic presidential candidate hillary clinton hillary clinton has not broke within the obama administration on many things during this race but today she came out and said she would not have given shell the o.k. then she sent out this tweet "the arctic is a unique treasure, given what we know it's not worth the risk of drilling." then this is what she told reporters tonight. >> i think the very grave difficulties that shell encountered the last time they tried to do that should be a red flag for anybody. i have been been to the arctic, i have been to barrow, our northern most outpost in the united states and i think we should not risk the potential catastrophes that could come about from accidents in looking for more oil in a pristine -- one of the few remaining pristine regions of the world. >> w

. >> sidney blumenthal was persona non grata with the obama administration. the fact of matter is she shouldn't had a whiff of anything that had to do with official business. >> not only had anything to do with official government business, but libya and trey gowdy's committee in congress is trying to unearth and find information about. so, and also she asked to take it face value, the fact she only scrubbed clean all the personal e-mails. how do we know? we don't know. had she turn over server on day one before they used ammonia on it. >> we don't trust hillary. here's the thing kirsten, you mentioned trey gowdy, i don't think it's going to go away, it's dogging her, hurting her numbers and again she seemed extraordinarily testy here, but i think she's in too deep to change her strategy? >> that's exactly the point we're talking about here is trust. and that is essential to getting the nomination and then of course winning the presidency. and showing time and time again that there really isn't a great reason to trust her, why wouldn't you be transparent? tha

the obama administration is divided over what to do with the case. his lawyer spoke to randall pinkston. >> by the unanimous determination of six national security agencies, the office of joint chiefs of staff, department of defense, justice, homeland security, all of the agencies that u.s. citizens rely on to keep him safe have said that he can leave. >> why has he not been allowed to leave? >> that question is playing right now right real time in washington, d.c. i filed a motion for his release and asked the government not to oppose it, to speed his release so he can get medical care. and it appears that the department of defense is blocking this solution. >> the justice department has until august 15th to respond to the prisoner's petition. >>> stay tuned for special coverage, out of cuba this freye as the u.s. flag begins to fly over the embassy in havana. antonio mora hosts a special hour of live coverage, beginning at 9:00 eastern. >>> coming up, painting the blues away. we'll take do you a mexico town trying to revamp its gritty image one str

obama administration officials are divided over what to do with his case. his lawyer spoke to us about his client's grave condition. >> by the unanimous determination of six national security agencies, i'm talking the office of the joint chiefs of staff, director of national intelligence, department of defense, justice, home land security, all the agencies that u.s. citizens rely on have said he can leave guantanamo. >> why has he not been allowed to leave? >> what's remarkable is that that question is playing out right now in realtime in washington, d.c. i filed a motion for his release because he's so gravely ill, and asked the government not to oppose it, to speed his release so he can get to medical clear. it appears that the department of defense dug in its heels and is defiantly blocking a common sense solution. it's shocking. >> the justice department has until august 15 to respond to the prisoner's petition and on the other side of the i'll, stay tuned for special custom out of a cuba as the u.s. flag begins to fly over the embassy in havana. we hav

a law firm there is suing the obama administration on behalf of 21 children across the u.s. saying the federal government violated their rights by causing climate change. >> these children believe that they have the constitutional right to a safe climate and that this government as well as prior governments have gone about to destroy the climate. >> the lawsuit wants the president to create a national plan to decrease concentrations of carbon dioxide to save levels by the year 2100. >>> local law enforcement ramps up for super bowl 50. how authorities plan to crackdown on the dark side of the big game. >> and check out this friend. just like kids, pets need their shots, too. the important vaccines for your four-legged family members. >> and that looks like my roxy! hi, everybody, from the kpix 5 weather center. let's go outdoors because the coast is clearing. the city by the bay has blue skies. and we have your weekend warmup forecast as the news continues right here on kpix 5. ,,,,,,ç, >>> it's important to keep your pet vaccinations up to date. but as some are older and

military are now refusing to fight, and it is a major embarrassment for the obama administration. this is a big night for the republican field the candidates are gathering in cleveland and then the main clash in prime time. plus. >> he was too good for this wicked world. >> an al jazeera exclusive interview, tony harris' conversation with michael brown's mother one year after her son was killed in the ferguson. >> the obama administration is just suffering a major set back in the push to get rebel forces to fight for u.s. interests in syria. the u.s. military officials have now been forced to acknowledge that rebel troops trained by the u.s. are refusing to go into battle. jaime mcintyre is live at the pent gone with the latest, jaime. >> david you take a very complicated situation on the ground and an incomplete understanding by the u.s. military and that results in a major miscalculation. and an embarrassing set back, the u.s. sent the first of it's trained and equipped fighterred into northern syria, the so called 54, that were going to embed with moderate syrian opposition for

a bit of good news for the obama administration today. a bit of good muse and bad news, how much trouble will he have getting this through? house republicans have said they have enough votes to vote down the iran agreement, in the house. of representatives. it doesn't look like they have enough toe to sustain a veto. which is what he has said he would do, if they vote to eliminate the deal, now congress has a month left to act, to vote down this deal. if that's what they want, and in that time we are seeing intense lobbying efforts on both sides. but in particular proponents are spending a lot of money to get them to vote no, it likes like at this point they haven't gotten there yet. joining me live from new york, thank you. >> and the results are in for sri lanka elections and the ruling party has won the most seats. it is likely toe remain in office for the party on course to form the location government. the ruling party while the party of the closest rival, managed to get 95. it means the former president has failed in his attempt to

. >> john kerry is representing the obama administration at the meeting of morning ministers. concerns over iran's recent nuclear deal has dominated the attacks. they are confident that the region is now safer because of the deal. >> a delicate mission for the u.s. secretary of state. john kerry is trying to convince long-standing allies that the russian nuclear deal will bring peace and prosperity. >> the five other european countries have technology and knowledge in the nuclear field. the countries of the council welcomed it on this basis and on what john kerry demonstrated about iran's development of nuclear weapons and the inspections to stop the development of nuclear weapons. >> today my counterparts and i have discussed the steps that we will take. and how we intend to build an even stronger, more enduring and more strategic partnership with particular focus on our cooperative counterterrorism, counter insurgency, and also on our countering of destabilizing issues taking lace in the region. >> they need more than just reassurances. they accuse iran of backing their shia

i believe that is a deliberate stance on the part of the obama administration. and this sense of disconnection, i think, has been and will be heightened by the escape of el chapo. because what was the first news to come out in the new york times? that government officials had immediately -- u.s. government officials immediately contacted the u.s. government offering assistance to help find him. drones and all sorts of intelligence and so on, and that the mexican government was not responding. so tie that to the hypotheses about el chapo's escape, and you'll understand the frustration of the u.s. government regarding mexico's handling of el chapo and others. and there was a fascinating piece about how el chapo was actually captured with u.s. assistance but that assistance was never made public. so if, indeed, that was the case, and that was reported by someone from washington, if the u.s. helped capture him but it was presented by a triumph of the pena nieto administration, how does the u.s. feel now that he's escaped two weeks after the extradition request was p

guest: under the obama administration, ina cancer patient -- i am a cancer patient

is it true the obama administration is the most secretive administration in recent history? and the most manipulative of the press? [laughter] elizabeth: i can tell you that our previous editor said that it was the most secretive in history. she is no longer with us. >> they got rid of her. elizabeth: i do think there are special challenges in covering -- >> there is a problem with the sound. ok, todd. over to you. what she said was that -- yes, and she quoted jill abramson, the former executive editor as saying that about the obama administration. elizabeth: is this any better? that the obama administration resents a lot of challenges. at --isy, if you look this better? at the nsa, it --llance that was -- if you look at the drone program. administration increased the number of drones -- drones and pakistan [indiscernible] recently wrote a story about -- they made the decision to name the senior officers who were running the cia drone program. was a great deal of controversy and criticism at the time about that. they felt very shortly that since the pentagon program is publi

administration, that the consensus within the administration is that iraq is coming apart, the obama administration does not really no longer believe in an unified iraq they made is clear that even though the priority is isil, isil must be defeated first, but at the end of the day iraq will not be rescued. this tells you about the thinking of the administration, basically the pendulum is shifting, and there are those that believe that the sunni-shia division could be filled any time soon. >> is iraq not effectively fractured already? you have the kurds dominating in the north of the country. you have daesh or isil in anbar province in the west. large parts of the country drifting further away from central government control. >> yes, iraq is facing challenge. iraq is undergoing all-out war. isil is a result, a product of the fracturing of iraq. but i do not believe by the chatter of american' least. the iraqis can save their country even though iraq faces social ideology and sectarian deep riffs, but it's up to the people and society to rescue their own country and to rise up to the c

guest: under the obama administration, ina cancer patient -- i am a cancer patient receiving care. becau were to be elected, se honestly i have been a republican all my life, and i am frustrated. i am frustrated with the choices that we have right now as far as health care is concerned. took me over a month just to get what might he moved treatments. chemot to get one of my treatments because of the insurance i am on through the obama administration. what would you plan to do differently if you were elected? sen. sanders: what we should understand, and i fear that not every american does understand this -- we are the only major wealthy industrialized country on earth that does not guarantee health care to all of our people as a right. the system that we have is way, way way out of touch with the rest of the world. i will fight for medicare for all. we can improve it and we should expanded to all people. -- expand it to all people. when you do that, not only do you provide quality health care to all people, you get rid of the profiteering of the insurance companies and drug companie

i mean, it accumulated power over the entirety of the obama administration. but in particular with the carbon dioxide rules, the epa is accumulating more power, this won't help them. it is like when the irs accumulated more power under obama, it did nothing to help. >> and the administration that endows the epa with the new coal rules which are essentially destroying the industries raise rates has a long-term effect. at the same time it can't actually work in a mine and remove the toxic chemicals without causing a disaster. incompetent and omnipotent at the same time. >> that is it for the panel, but stay tuned for an eye-opening wake-up call. introducing otezla, apremilast. otezla is not an injection, or a cream. it's a pill that treats plaque psoriasis differently. some people who took otezla saw 75% clearer skin after 4 months. and otezla's prescribing information has no requirement for routine lab monitoring. don't take otezla if you are allergic to any of its ingredients. otezla may increase the risk of depression. tell your doctor if you have a history

we expect that at this time next year, the supreme court will have ruled on this, the obama administration can start implementation and it will be front and center affecting the presidential elections. >> you are expecting a ruling in the presidential election year. >> yes. >> if it goes against the president, how would that affect the debate? >> the debate will continue because this is just one piece of the broader immigration debate. we will continue to hear supporters among the gop candidates, and also other things that can be done administratively, the future of 11 main -- million undocumented immigrants. i think the immigration issue will continue to be front and center during the presidential race. >> ok. randy, way down there -- george extensivelyt pretty his stepson immigration reform. one of the things that he said use oforted was required the e-verify electronic system by companies in order to determine whether or not they are hiring undocumented workers or not

ago i observed that if this deal goes through, the obama administration would become quite literally the world's leading financier of radical islamic terrorists. in response to that, president obama got very upset. he interrupted his busy world travels in between the eighth to attack me, to come after me. he said, that's ridiculous, that rhetoric is too much. do not say that. in the entire course of his attack, the president did not actually bother to refute any of the substance of what i said. let me give you a very simple point. truth is not rhetoric. facts.eview the todayumber one, iran is the world's leading state sponsor of terrorists. number two, if this deal goes through, over $100 billion will flow directly to iran. number three, if that happens, billions of those dollars will go directly to hamas, hezbollah, the houthis, radical islamic terrorists throughout the world, and those jihadists will use those billions that we control to murder americans, murder isra elis, to murder europeans. if president obama doesn't like the rhetoric of his administration becoming the cier of l

and former secretary of state hillary clinton looks back on her time serving in the obama administration in "hard choices." in "a time for truth," texas senator ted cruz recounts his journey from a cuban immigrant's son to the u.s. senate. carly fiorina former ceo of hewlett-packard, is another declared candidate for president. in "rising to the challenge," she shares lessons she's learned from her difficulties and triumphs. south carolina senator lindsey graham released an e-book on his web site. in "my story," he details his childhood and career in the air force. former arkansas governor mike huckabee gives his take on politics and culture in "god, guns, grits and gravy." and in "leadership and crisis," bobby jindal explains why he believes conservative solutions are needed in washington. ohio governor john kasich calls for a return to traditional american values in "stand for something." george pataki is also running for president. in 1998 the former new york governor released "pataki" where he looked back on his path to the governorship. and kentucky senator rand paul calls for small

that was the ruling of a federal appeals court judges today that favored the obama administration's position on the n.s.a. surveillance program. the program expires in november and congress has passed legislation to replace it with a

had time during the obama administration to get better at campaigning. here we are and she hasn't gotten better as a candidate. they spent so much money so far giver home run the cash, they have two options, keep funneling money into her campaign much like the federal government and see if it goes anywhere or they can pull back and say let's take a look at our options here. joe biden is maybe going to get into the race, bernie sanders maybe not a viable choice for the country for winning the nomination, but we should take a look at that. we should acknowledge, though, that hillary clinton's support isn't just coming from these big money donors. $45 million she announced in july actually came to the majority of the people donating $100 or less. >> she has more than anyone else rumored or not rumored to be in the race. >> well, you know, money helps but there is something, and i've studied this, about the numbers and the money following the numbers. almost like all the money guys sit around and ordain a candidate. they're smart, they hedge their bets. wall

the obama administration had been touting the maui meeting as the final summit on the tpp. does this mean the deal is dead in the proverbial hawaiian waters? >> well, it certainly is a big disappointment because there had been hopes they might at least hammer out a broad agreement at this meeting. that clearcally hasn't happened. there is still significant sticking points in the area of dairy access, particularly into the canadian and u.s. markets in the area trade data protection and the biologics industry and a number of industries who have sticking points. the key issue now is that the political head room for getting the tpp through is rapidly running out. particularly because of the upcoming u.s. elections next year. and really, unless a deal can be done in the next few months, it really will then become hostage to the u.s. elections. so i think the time window is closing very rapidly. although there is talk that they might want to push this back to the next negotiation at the apex summit in november, i think that will be too late. they really need to make much more pro

too tough for a former obama administrator administrator. steven ratner blames the baby boomers for giving millennial generation a bad economy. guy, you know what i love is he is complaining we are giving all of these burdens to millennials and medicare and social security and all of this debt and then talks about spending more money as the solution. what am i missing? >> i am not missing anything. this whole thing is like shame on us. we have been irresponsible. true. but let's spend more on infrastructure and raise taxes. i am six of the idea millennial generation needs to be coddled. i like my generation but the idea we are uniquely aggrieved and put in a tough position. every generation has challenges. this is the former obama administration official talking about how rough things are on the economy. who has been president for the last six and a half years. >> what about people saying there are new challenges of the generation with student loan debt out of control. is it possible with things being the way they are it is a different set o

lauren: the obama administration working to place a deal with cuba by the end of the year. "the wall street journal" says the airline would establish regular service by the end of december with the most specific expansion of economic tourism ties between washington and havana in the 1950s. >> the president believed our policy of not engaging cuba for the past 50 years was a working and it doesn't take a genius to realize that the policy is working maybe you should change it. the president up we ought to have a new approach. that is why we opened our embassy towards normalizing relations. lauren: only congress can repair the trade embargoes that the president has the executive authority to grant exceptions to them. dagen: the death toll rising to 20 after a powerful explosion at a shrine in thailand. another 140 people wounded in yesterday's attack in bangkok. no one has immediately claimed responsibility for the deadly blast. >> this is a very serious incident. to my knowledge the most deadly terrorist attack to have taken place in bangkok and it certainly is not like polit

the obama administration has really not been supportive of lay -- labor. it would have made it easier for labor to organize and harder for business to suppress that, i think that's an important difference. and finally, i want to talk a bit about the -- about the obsession of the roosevelt administration with deficits, and even though they spent a lot, they had to spend a lot -- in 1937 they cut back, and the result was a -- element -- almost a depression within the depression. obama became on assessed with deficits while employment was still going up in 2010, and in point of deficit reduction commission with people that were really terribly antisocial security, welfare state. it's interesting that i might say that it was sort of like other aspects of this half learned. while there was a talk about deficit and a talk about cutting back, essentially the cutback has been rather slow, and so you might say that that lesson was halfm learned a little bit like the intervention on the side of the banks and not on the side of the people, i might say. from now on, s

. >>> also tonight, the obama administration kicking its campaign to sell the

turning to what has been an obama administration led war against law enforcement. texas authorities are searching for a motive after a 30-year old black suspect was taken into custody, the man allegedly gunned don a white sheriff deputy in an execution style murder friday. police do not know the reason for the murder at close range, but harris county sheriff said that the deputy was targeted because of his uniform. fox news correspondent casey seeing el with our report. >> channoine miles -- shannon miles, appeared in court this time facing a capital murder charge for death of darren a 10 year veteran of harris county sheriff office in houston, texas, he was shot at 15 times from behind on friday night, while pumping gas. >> he runs up behind the deputy, and puts the gun to the back of his head and shoots, he hits ground and he continues town load his gun -- continues to unload his gun. >> reporter: police have not establish a motive only suggesting that the officer of the attacked because he was the wearing his uniform, sheriff hickman claims that this may be resu

is it true the obama administration is the most secretive administration in recent history? and the most manipulative of the press? [laughter] elizabeth: i can tell you that our previous editor said that it was the most secretive in history. she is no longer with us. >> they got rid of her. elizabeth: i do think there are special challenges in covering -- >> there is a problem with the sound. ok, todd. over to you. what she said was that -- yes, and she quoted jill abramson, the former executive editor as saying that about the obama administration. elizabeth: is this any better? that the obama administration resents a lot of challenges. at --isy, if you look this better? at the nsa, it --llance that was -- if you look at the drone program. administration increased the number of drones -- drones and pakistan [indiscernible] recently wrote a story about -- they made the decision to name the senior officers who were running the cia drone program. was a great deal of controversy and criticism at the time about that. they felt very shortly that since the pentagon program is publi

the obama administration again for your own viewers subscribes to realism. american officials frequently talk about the importance of human rights, the importance of not to violate the human rights of opposition, but again, the reality is the obama administration prioritizes security, and the priority is the war against isis, the priority is the war against terrorism, the priority is business as usual for the next one year, almost one year and a half during the obama administration's tenure. >> all right thanks so much. we are going to continue this theme, because it's difficult to understand the modern say situation and concerns about spreading iranian influence in some parts of the arab world without understanding the history to this. many would argue which began of course, with the instruction of iraq in the state that it was, let's bring in a politics professor and senior fellow at the middle east center at the london school of economics joining us live from london. good to have you with us. many would argue that the iraqi invasion of kuwait was perhaps

bush administration in which i served and the obama administration up til the end of 2014. .. in we needed strong u.s. presidency, but you have to simultaneously convinced that the purpose of that is not to do a deal away and things china cares a lot about. >> i think we have had successes on them on relations during the george w. bush ministration, it was successful in doing two opposite things at once and stabilizing the situation. that was a strong support for taiwan and strong warnings against the use of force back into the fold from the mainland perspective and at the same time assuring that opposed, provocative measures in taiwan, in particular the 2007, 2008 referendum to a prize from the un under the name of taiwan which was seen as an assertion of taiwan independence from the mainland. if you do both of those things at once it looks less effective and it looks less necessary. it doesn't look like the u.s. position is designed to promote something that china fears. in the obama administration i think the have handled the dispute with china quite well and that it has re

. >> up next, a few thoughts on the obama administration officials missing in action on a day that the world's biggest global competitor shocked the world by dee val ewing its krens kree. .ú.úññññññoññ >>> a few thoughts if i may on the latest from china. china today announced that it was devaluing its currency causing the juan's biggest one day loss in two decades a devaluation of 1.9%. global markets plunged on the news, wall street caught flatfooted. most traders had accepted the expressed pru of the peoples bank of china that there was no plan on the part of china to dee wall u the juan, but if wall street was surprised the obama administration was shocked and the white house could only squeak out a tepid almost trembling response to the china move. the treasury department released a statement some 16 hours after the development saying it's war too early to judge the implications of the chinese devaluation. i can tell you here tonight poppycock. we know exactly what most of those implications are. the state department response equally tepid and inn accept bid, tw

this is a vacuum the obama administration created. the decision to go in the first place was a bipartisan one. who voted to go into that war? hillary clinton. >> she did based on faulty ... there is one place where she disagreed with president obama. at this point she supports the president's policy to continue to help the iraqis fight this fight. help the syrians fight this fight. to say that we are less safe -- you know where we are safer than when were? we are safer at home and that's a credit to president obama and secretary clinton. bill: let's keep it that way. 20 minutes past the hour. >> a huge fire tearing through one state engulfing a bridge the process. bill: 3 million gallons of toxic waste into a river. three times what we were told and the leak is still not plugged. the epa needs an explanation. we'll talk with the new mexico governor about that. >> you can't describe it. you see something that your mind isn't adjusted to see. you can call them anytime you feel like saving money. it don't matter, day or night. use your c

so much so it was recently revealed a couple months ago by the new york times the obama administration has adopted a new definition of militants, which says that any military aged male and a strike zone, meaning any male who dies above the age of 16 or below the age of 55, is automatically deemed a militant without knowing anything else about them. this is how we have come to think about muslims, to the extent we think about them all, they die at the hands of our violence justifiably because even when we don't know anything about them, we assume they are militants or terrorists. this has been so indoctrinated for so many years in the mindset of americans that i think it really distinguishes this form of persecution from prior once. i don't mean it i mean it is a unique form of how this persecution is justified. another unique attribute of the current persecution campaign is that as we move further away from the precipitating event, in justifypitated the abuses, the 9/11 attack, the injustices actually worsen. to become more extreme, not less. what is amazing about that, if you look at

. >> up next, a few thoughts on the obama administration officials missing in action on a day that the world's biggest global competitor shocked the world by dee val ewing its krens kree. usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient, we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app. >>> a few thoughts if i may on the latest from china. china today announced that it was devaluing its currency causing the juan's biggest one day loss in two decades a devaluation of 1.9%. global markets plunged on the news, wall street caught flatfooted. most traders had accepted the expressed pru of the peoples bank of china that there was no plan on the part of china to dee wall u the juan, but if wal

assure by the obama administration? yes, it was less than two months ago, treasury secretary jack lew said that china's markets are not linked to the rest of the world. >> i will say that china's markets are still pretty much separated from world markets, they are moving toward being more integrated. but right now they are not, i don't think you will see the director linkage there. lou: take that back jack, i am sure that was demonstrated well today, our economy is far more independent on china now than when the president took office, china's largest holder of our debt, $1. thre 3 trillion of itt obama administration downplaying the impact of both. when china devalued its currency this month, obama administration offered a weak response, they could not call it market manipulation, they said they were monitoring developments, now our stre treasury secretarys continue to should continue with reforms that are necessary to move forward an economy driven primarily by household consumption rather than exports. which? china's

. >> reporter: the obama administration promised to offer a concrete plan to spell out how guantanamo bay would be shut down, so congress would lift restrictions. one idea was to send several dozen of those allegedly dangerous detainees, who the pentagon said cannot be released or sent to other countries to a federal prison in illinois, with 1500 empty cells. as reported by "the washington post", the obama administration forgot former attorney-general eric holder promised the judiciary committee: it's back to the drawing board. >> we obviously strongly support the secretary, the president obama's determination made from his first day of his administration to close guantanamo bay. it's a top priority. it has remained a challenge >>> the administration hoped to get a plan to senate arms services committee this month before congress recess. officials say it will be next month at the earliest before a proposal goes to the hill. mccain promises to work with president obama to close guantanamo, but only if they can provide an alternative to address congressional concerns. it's not just the

but if there is a confirmed link here, does that cross the line for the obama administration? >> with the mustard agent, the implication is that it was in some stockpile that got overrun and isis got ahold of it without any cooperation with the assad regime. there is another aspect to this that there are repeated claims by human rights organizations and syrian rebel groups that the assad regime is using chlorine. chlorine wasn't part of the deal brokered with russia and the u.s. to get rid of its chemical weapons. it's illegal under international law. but it's not part of that original deal. so at this point, i don't think you're going to see much of an escalation by the obama administration against the assad regime. >> bob, he's talking about the fact that it is believed these were from long leftover stockpiles and isis mixed the mustard agent themselves. is that what you think is most likely? >> i think so. there's no evidence the syrian regime gave these weapons to the islamic state. you can't rule it out. but they've got technicians that could do this, put them on warheads

but even president obama's administration admits there is still slack in the labor market. after all those layoffs. later in the story,

a former special adviser to president obama put it, the only way in which the obama administration can stick with the strategy is by assuming that the iranians will carry most of the weight and win battles on the ground. , not asthese examples evidence of an american retreat but as an example to the purpose of journalism. people have often asked me when i talk about political reporting if i think the press is biased. press has a bias towards conflict in trouble. we focus on what needs fixing. that is our imperative, to expose problems. this year you read in the new york times about the exploitation of massillon of nailin new york -- salon workers in new york. coverage andeas foreign policy coverage is much the same. we write about the big successes . we ran a headline and multiple stories the day the iran deal was announced. , we focused on the resistance the deal is meeting in congress and how obama is fighting hard to win democrats. , everyrt kagan said tolure of the united states get its way in the world tends to reinforce the impression of a nation in decline. , china hackse rise i

tomorrow, the obama administration plans to announce a plan on climate change. the main focus of the plan is coal production. it is august second. in our first 45 minutes, we want to talk about home and a should -- home ownership in the united states. some economists report lingering effects of the economic crisis. we want to talk about your experience. isn't the same, has that changed? do you rent, do you own? do get assistance for housing? maybe you have another story as well. if you own a home, (202) 748-8000. if you rent, (202) 748-8001. if you get some sort of assistance for housing, (202) 745-8002. if you are in some other category, (202) 748-8003. if you want to let us know about your homeowner experience on social media, @cspanwj is our twitter address. our facebook page, facebook.com/cspan. if you want to send us an e-mail on the topic, do so, journal@c-span.org. "the wall street journal" has taken a look at homeownership in recent days. they say it is at a 48 year low. it is according to estimates published by the commerce department. it is the lowest