. >> shelby. >> yeah. >> shelby. that was cool. >> what a voice. >> here's team adam. there are a couple people performing here. james and tess ann. ♪ you're in my blood like only wine it tastes so bitter and so sweet ♪ ♪ and i could drink a case of you ♪ ♪ oh, darling, and i would still be on my feet ♪ ♪ yeah, yeah, yeah ♪ i don't know ♪ he didn't say why ♪ i guess i >> tess ann. >> all right. >> tess ann. >> absolutely. >> "the voice" airs tonight at 9:00, 8:00 central and you will be voting to decide who stays and who doesn't. >> this is something that christina aguilera has not been eating lately because she looks so great but we are. >> frito lay has come out with something new. they are chocolate covered potato chips. it's a test drive. >> apparently from the -- for the people that are in our studio they're going to make it full time. >> yeah. >> i tasted it. it wasn't for me. >> you know what it is, there's a thick layer of chocolate on a thin crispy potato chip. >> yeah. >> and you love it. >> limited time only during the holidays because th

shelby's comments are important because democrats would need to pick up only five republicans vote to clear procedural hurdles and bring yellen's nomination to a full senate vote. yellen's nomination needs only a simple majority. joining us this morning from washington is eamon afterers. this is getting back to some tense times in the senate when it comes to these nominations. we thought we had averted these issues. >> mccain threatening to pu put a whole here on janet yellen in the united states. they wanted to see more of these documents related to ben fwazzy. they wanted to see the survivors of benghazi testify on capitol hill. they would like more information as to what exactly happened there. they don't have any particular animous towards janet yellen herself. this is just the leverage they have to get this done. it's been a very bad week for for obama admin appointees. yesterday, the senate rejected mel watt, the housing agency nominee for the obama administration. it's a very rare thing for a sitting congressman to be rejected. but they did that yesterday in the senate. it's a

. >> senator shelby, thank you. welcome, governor. would you describe the portfolio of the federal reserve as unprecedented, the size of it today? >> yes, senator. >> have you -- you're an economist and you've been on the fed and you also are the chairman of the economic advi advisers to president clinton. have you looking back in recent history, the last 30, 40 years, have you noticed any portfolio of the fed approaching what it is today? >> not at the federal reserve. >> that's what i mean. >> but other central banks. >> i'm asking about the federal reserve of the united states of america. >> no, i have not, senator. >> okay. would you describe what you're doing here by -- you call it quantitative easing, a term you make up, i guess, we all make up terms, but is that a stimulus for the economy, tool? you used the term "monetary tool", is that what you would call it to help augment, stimulate the economy? >> it is a tool that is intended to push down longer term interest rates. >> yes, ma'am. i understand that. >> and to stimulate de

to some of the problems other fed chairman and other fed nominees have had, for example, when rich shelby was the chairman on the ranking committee, that had to do with proilg unsatisfactory answers. at this point, i just don't see anything getting in the way of her confirmation. >> ip, did you see that mckenzie study? >> which mckennedy study? >> it said qe did nothing for the stock markets, but saved governments around the world $1.3 trillion in funding costs. >> i didn't see that, but i'm looking at the stock market 20% this year and -- >> check it out. it's a mckenzie study that says -- you know, mckenzie, i don't know if i believe it, but they somehow determined that it had nothing to do with the rise. but the funding costs, it was something like $1.3 trillion saved global government. .after reading that, i was thinking why not make it permanent? if you can get governments to run $1.3 trillion cheaper, then hey, let the good times roll. but -- >> swroe, this is a great question. i think actually they're going to get this question because a lot of people in the markets are asking this