FROM Charles Taylor
Can the US Senate Pass Finance Reform in an Election Year? In the House version of finance reform, the provision that banks hate most is an independent agency for consumer protection. It's been compared to the so-called "public option," that divided Democrats to the benefit of Republicans during the healthcare debate. But the politics of finance reform are very different.
Can 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. The provision banks hate most in the House version of reform is an independent agency for consumer protection that's been compared to the so-called “public option,” that divided Democrats to the GOP's benefit during the healthcare debate. But the politics of finance reform are very different. With popular anger focused on Wall Street, should banks that are “too big to fail” be regulated or cut down to size? Should a consumer protection agency be independent or part of the Federal Reserve?
East Asia: President Trump's first foreign policy test Starting with North Korea's latest test of nuclear missiles, a chain of events is causing instability in Asia. Could it turn into the first real foreign policy crisis of the Trump Administration?