FROM Lise Buyer
Can Facebook Go Public and Change the World? When Facebook goes public, it's expected to be the biggest initial public offering (IPO) in Silicon Valley history, possibly raising $10 billion on a value of $100 billion. Founder Mark Zuckerberg says, "We don't build services to make money, we make money to build better services." What will that mean to potential investors — especially when Zuckerberg, age 27 — will retain almost total control? Will becoming a publicly traded company necessarily change his style? How will he deal with government oversight, especially overseas? As he sells the personal data of 800 million "friends," will they all stay comfortable or raise more questions about violations of privacy?
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 Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.