Now Playing: 3-15-13 Marketplace Morning Report

The Consumer Financial Protection Bureau has just announced that it wants to supervise some of the largest players in the $1 trillion student loan industry. European finance ministers are meeting in Brussels today, and at the top of their agenda is the small Mediterranean island nation of Cyprus. And New York City Mayor Michael Bloomberg has tried to re-make a lot of the city over the last 11 years. But as he wraps up his third term, he's got his eye on an extreme makeover of one of Manhattan's most important business districts.