FROM Bonnie Abaunza
Elizabeth Warren and the Politics of Consumer Protection Wall Street's worst nightmare is a heroine to consumer advocates. When has a Harvard professor of bankruptcy been the subject of an admiring rap video? Elizabeth Warren, who helped force a Bureau of Consumer Protection into the Finance Reform bill, was appointed today as a White House advisor. How much clout will she have in the future? Instead of heading up the new bureau, she will report to Treasury Secretary Tim Geithner, an occasional foe. Will she have the power to write tough rules for mortgages, credit cards and payday loans? Will she ever be asked to enforce them?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?