FROM James Hagerty
Koch Confirms Interest in Newspapers, but Mum on LA Times Bid Diverse investments have made Koch Industries of Wichita, Kansas a billion-dollar conglomerate, but the Koch brothers are better known for putting big money behind conservative SuperPAC's and foundations and Republican politicians that liberals denounce as extremist. Recently, it's been reported that the Koch brothers are interested in acquiring news organizations, including the Tribune Company, which owns the Los Angeles Times.
Loan Modifications Starting to Slow Foreclosures Many troubled homeowners may or may not agree, but Treasury Secretary Tim Geithner today proclaimed an important milestone in the effort to prevent mortgage foreclosures. James Hagerty reports on real estate for the Wall Street Journal .
Fannie Mae and Freddie Mac Freddie Mac and Fannie Mae are owned by private shareholders. But because they originally were chartered by Congress and get favorable rates, investors believe that both companies are implicitly backed by the federal government. They now own almost fifty percent of all mortgages in the United States, amounting to $5 trillion. Last week, their stocks lost almost half their value.
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.
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.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.