To the Point
Nuclear Terror and Finance Reform
The Senate is back in Washington, ready to take up finance reform. In this election year, will Democrats and Republicans re-play the debate over healthcare? We look at the similarities -- and the differences. We also get a progress report on the President’s summit on nuclear terrorism. Also, the former CEO of Washington Mutual testifies before Congress.
The Senate is back in Washington, ready to take up finance reform. In this election year, will Democrats and Republicans re-play the debate over healthcare? We look at the similarities -- and the differences. We also get a progress report on the President’s summit on nuclear terrorism. Also, the former CEO and executives of Washington Mutual testify before Congress.
Banner image: Opening Plenary Session I of the Nuclear Security Summit, April 13, 2010. Photo: Chuck Kennedy
In this episode
3 storiesFormer WaMu CEO and Executives Testify before Congress
Former executives of Seattle-based Washington Mutual are talking to Congress for the first time since the bank collapsed because of the housing crisis. Today, they responded to a Senate Subcommittee’s findings that WaMu crated a "mortgage time bomb" with subprime loans they knew would go bad but which they packaged into Wall Street…
Read the story8 minSummit on Curbing Nuclear Threats Gets Underway
After a dinner last night that was closed to reporters, President Obama opened his conference on nuclear terrorism today with 47 nations represented. The summit is focused on keeping nuclear materials out of the hands of terrorists. Can so-called "loose nukes" be secured in four years? We get a progress report.
Read the story15 minCan the Senate Deliver Finance Reform in an Election Year?
The US Senate's next item of business is finance reform, with Democrats trying to draw up an offer Republicans can't refuse.
Read the story27 min