FROM John Gapper
Wall Street Gets a Grilling Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former California State Treasurer, Democrat Angelides now chairs the bipartisan commission established by Congress. In its first public meeting today, the commission heard from the heads of America's four biggest banks, JPMorgan Case , Bank of America , Morgan Stanley and Goldman Sachs .
Wall Street and a Disaster of a Different Kind Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former Treasurer of the State of California and a Democrat, Angelides chairs the bipartisan commission established by Congress. In its first public meeting today, the commission got tough with the heads of America's four biggest banks, JPMorgan Chase , Bank of America , Morgan Stanley and Goldman Sachs . At one point, Goldman Sachs' Lloyd Blankfein compared the financial crisis to "earthquakes" and other "acts of God," to which Agnelides responded, "These were acts of men and women." Are the right questions being asked? Can the commission help prevent another financial disaster?
Healthcare debate now shifts to the Senate Both parties are celebrating yesterday's House bill to repeal and replace Obamacare. House Republicans are cheering because they were able to pass it. Democrats are happy because they think it's so bad. We look at the details… and the politics.
Trump's intelligence disclosures cause chaos On the eve of departure for his first trip overseas, President Trump is embroiled in another controversy. It's about reports that he shared highly classified information with two high-ranking Russians.
Trump's Russia ties intensify with Comey firing Acting FBI Director Andrew McCabe contradicted the Trump White House today, insisting the Bureau had not lost faith in former Director James Comey. He promised to notify the committee of any interference into investigation of the Trump campaign's contacts with Vladimir Putin's Russia. What do we know about those contacts… and how they relate to Trump's business interests and those of his family?
Trump, the GOP and the rule of law Conservatives — and some Republicans — are criticizing the President for "the mess he made" in firing FBI Director James Comey. We hear about a potential successor, the possibility of "obstruction of justice" and the constitutional separation of powers.