VELSHI: Twenty-four minutes after the hour. "Minding Your Business" this morning. Stock futures currently trading lower ahead of the opening bell as uncertainty runs high over the debt ceiling talks. Investors hoping strong corporate earnings this week will give markets a boost as they did toward the end of last week. President Obama expected to nominate Richard Cordray, a former attorney general from Ohio, to head up the new for Consumer Protection Bureau today. Many Senate Republicans say they will try to block the nomination, not just for Cordray, for anyone, saying the new agency lacks transparency and accountability. Lose a bag, get a check. That's what Senator Charles Schumer is pushing as a rule about misplacement (ph). It only applies if your airline loses your bag and you never get it back. Schumer wants to go a step further. So, if your bag is gone when you arrived, you get money for the baggage fee refunded immediately. "Harry Potter" winning big at the box office. The final installment of the series shattered the opening weekend record, raking in $476 million in worldwide ticket sales, now holding the title for biggest one-day box office, making $92 million on Friday. Coming up next, the truth about childless women. AMERICAN MORNING is back after the break.
Obama To Nominate Consumer Bureau Chief