FROM Mike Calhoun
Whatever Happened to Finance Reform? It's more than a year since the collapse of Lehman Brothers signaled the start of the Great Recession. The Obama Administration proposed a financial overhaul and the House passed sweeping reforms. But now they're bogged down in the Senate.
Whatever Happened to Finance Reform? It's more than a year since the collapse of Lehman Brothers . Among the casualties of the Great Recession are millions of home-owning, credit-card holding consumers exploited by banks regarded as "too big to fail." The use of taxpayer money to protect those same banks from their own bad investments was justified with the promise of tough new regulations. The Congress passed sweeping reform, but now it's bogged down in the Senate. An independent agency to protect consumers may be dead on arrival. Banking interests call it a threat to their business. Reformers say a crisis is being wasted. We hear both sides.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.