FROM John Gravois
The Great Toast Renaissance First came the cupcake craze. Then came pickles. Now it’s apparently time for toast to take center stage as the latest artisanal trend. Yup. Toast. We’ll hear from a reporter who delved headlong into the world of toast and we’ll talk to an LA restaurateur who specializes in it.
Consumer Financial Protection Bureau: Hero or Goat? Yesterday, the Consumer Financial Protection Bureau took its first major enforcement action since it began operating a year ago, ordering Capital One Bank to refund about $150 million to two million credit card customers. Bureau Director Richard Cordray says Capital One's telephone vendors used deceptive marketing to sell add-ons like credit monitoring and debt protection. Americans have lost confidence in banks and credit card companies. Is government protection against predatory lending the answer? As the new Consumer Financial Protection Bureau takes its first major action, will it make things better or worse?
Do Consumers Need Protection from Their Banks? Yesterday, the Consumer Financial Protection Bureau took its first major enforcement action since it began operating a year ago. It ordered Capital One Bank to refund about $150 million dollars to two million credit card customers. Bureau Director Richard Cordray says Capital One's telephone vendors used deceptive marketing to sell add-ons like credit monitoring and debt protection. Democrats created the Bureau in response to predatory lending practices. Republicans are still trying to slow it down. Is the CFPB's the confidence-building action consumers have been waiting for or just more regulation that will swamp the finance industry in government red tape? Instead of a government agency with new powers, would it be better to break up the big banks and return personal finance to a human scale?
Political appointments and the reshaping of the judiciary President Trump has the chance for a long-term impact -- not just on the US Supreme Court, but on the entire federal court system. And his nominees are likely to get the support of a massive spending campaign by donors who don't have to reveal their names. Can President Trump "pack" the federal court system?
The airline electronics ban and what it means President Trump's Department of Homeland Security has banned all electronic devices larger than cell phones on some foreign airlines flying direct to the US. It's causing confusion as well as inconvenience. Is the motive really just increased security?
The 'deconstruction' of the administrative state President Trump has failed to fill high-level positions in important agencies — and some people he has named want to phase out the agencies they're supposed to lead. We look at the possible consequences for delivering services and providing security — and at top aide Steve Bannon's plans for "deconstructing the administrative state."
Getting answers on phone taps, Russia and leaking The Directors of the FBI and the NSA testified on Capitol Hill today there's no evidence for President Trump's claim he was wire-tapped by former President Obama. We'll hear about that and the investigation into Russian tampering with last year's presidential campaign.