FROM Liz Moyer
The Fed and JP Morgan Step in to Bail Out Bear Stearns "Tough times," "hard times," "uncertainty in a difficult period," all terms used by President Bush today to describe the US economy . But in a speech to the Economic Club of New York, he insisted he's up-beat. However, just before the President's pep talk, JP Morgan and the Federal Reserve of New York stunned Wall Street by coming up with emergency floats to keep the investment bank Bear Stearns Companies afloat. Liz Moyer is senior staff writer at Forbes.com .
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.
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?