FROM David Hirschmann
Is It Time to Bust the Trusts Again? In a major shift from his days as head of the Federal Reserve, Alan Greenspan said last week that America's major financial institutions are "too big to fail." He said that means they're too big and ought to be broken up. But even new regulations to limit excessive risk and protect consumer finance may be in trouble on Capitol Hill.
Is It Time to Bust the Trusts Again? In a major shift from his days as head of the Federal Reserve, even Alan Greenspan said last week that it's time to break up those banks and brokerages that are "too big to fail." The financial giants are handing out billions in bonuses again, and they've spent $224 million lobbying against efforts to regulate excessive risk. But their critics insist they're the ones who brought the global financial system to the brink of collapse. Ninety-nine smaller banks have failed during this year alone. Citibank and Bank of America aren't doing so well. If the financial system isn't repaired, will it be taxpayer-bailout time all over again?
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
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?
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.