CAROL COSTELLO, CNN ANCHOR: Good morning, I'm Carol Costello. Thank you so much for joining me. You're now going to find out how much your boss makes, really. Wall Street's top regulators were posing a rule to force publicly traded companies to release that kind of information. Alison Kosik is at the New York Stock Exchange. Really?</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Yes, I kind of laugh at this, because what better way to kind of fan the flames when it comes to CEO pay debates that go on, you know make their salaries public. So the SEC agreed this week to draft this new rule. Basically forcing these publicly traded companies to disclose what its CEOs get paid in comparison to how much their other workers make. The AFL-CIO, according to them, they say the average CEO makes $12 million -- the average worker $35,000. The highest paid CEOs are Larry Ellison, Oracle's CEO. He makes $96 million. Elon Musk, he's the CEO for Tesla, he makes $78 million. Now no surprise here Carol, big business lobbied against this rule. Saying it -- you know, it's going to be really tough to clause all these data. Companies already, by the way, have to disclose pay of its top five executives. But the thing is this would take it to a whole new level -- Carol.</s>COSTELLO: Interesting. Alison Kosik live at the New York Stock Exchange, thank you. The deadly floods in several Colorado counties could cost homeowner, businesses and the government nearly $2 billion. But unlike most natural disasters, many of those losses are not covered by private insurance. In several areas, rescue efforts are slowly turning to recovery. And in Boulder, just a handful of people remain unaccounted for. You can help the victims of the Colorado floods. Just log on to CNN.com/impact. NEWSROOM will be right back.
CEO versus Worker Pay could be Disclosed