FROM Lorraine Woellert
US Reaches $25 Billion Mortgage Settlement with Top Banks President Obama announced today what he called "the largest joint federal-state settlement in American history." It's a $26 billion deal involving 49 states to provide relief from foreclosure abuse by five leading lenders: Bank of America, JP Morgan Chase, Citigroup, Wells Fargo and Ally Financial/GMAC Mortgage. Lorraine Woellert is finance regulation reporter for Bloomberg News .
Further revelations into Russian involvement in 2016 election Last week's failure to "repeal and replace" Obamacare was an early setback for the Trump Administration. There may be long-term danger of a different kind in multiple investigations into ties with Russia among campaign workers, the White House staff and the Chief Executive himself. We look as some of the threads they're following.
'Do-or-die' time on healthcare bill President Trump has demanded a House vote today on replacing Obamacare…whatever the details might be. Despite his campaign promise that nobody would lose health insurance, that's possible for 24 million people if he were finally to sign this bill into law.
Trump reversing Obama's climate change legacy President Trump has vowed, in his words, to "turn the EPA from a job-killer into a job-creator," and today, he's announcing his order for "energy independence." We look at the prospects for putting his promises into effect by ripping up the Obama legacy on climate change.