FROM Doug Rediker
President Obama Wants New Rules for Wall Street Just one day after President Obama unveiled his proposed overhaul of financial regulations, Treasury Secretary Tim Geithner was called to defend it on Capitol Hill.
President Obama Wants New Rules for Wall Street Just one day after President Obama unveiled his proposed overhaul of financial regulations, Treasury Secretary Tim Geithner was called to defend it on Capitol Hill. Would the Federal Reserve get too much power? Could banks, insurance companies and investment houses still get “too big to fail?” Would a new agency protect financial consumers against excessive risk? Would complex derivatives still have the potential to wreak havoc? These are just some of the questions being asked about the President's overhaul of the financial system, released yesterday and already under assault. Would it prevent another financial meltdown, stifle the entrepreneurial spirit or just return to business as usual?
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?
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.