NYC Deputy Mayor: If Occupy Wall Street protesters want to peacefully protest, they have the right

It's being called 'a block party the 1% will never forget."

This morning the Occupy Wall Street protest is gathering in Downtown Manhattan to shut down not only the financial district, but also the subways and possibly the Brooklyn Bridge.

Today's so-called "Day of Action" is to mark the movement's two-month anniversary.

This morning on American Morning, Carol Costello talks with Howard Wolfson, New York City's deputy mayor for government affairs and communications. He explains what the city is doing in response to today's protest.