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 .
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.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.