FROM Patrick Yoest
Former WaMu CEO and Executives Testify before Congress Former executives of Seattle-based Washington Mutual are talking to Congress for the first time since the bank collapsed because of the housing crisis. Today, they responded to a Senate Subcommittee’s findings that WaMu crated a "mortgage time bomb" with subprime loans they knew would go bad but which they packaged into Wall Street securities. Patrick Yoest reports for Down Jones Newswires and the Wall Street Journal .
Is America Ready for the Next Disaster? Around the county, disaster planners at the state level are roasting the Department of Homeland Security . Since Katrina, they say, Washington has been trying to minimize its own exposure and blame the states for not being prepared. Despite past promises, they say, the states have not been allowed to help draw up what’s called the National Response Framework .
Is America Ready for the Next Disaster? At a hearing last week in Washington, the president of the National Association of State Emergency Planners , told Congress that, when it comes to disaster planning, he has "never experienced a more polarized environment between the states and the federal government." Oklahoma's Albert Ashwood said the legacy of Katrina for Washington is to minimize federal exposure while blaming states for not being prepared. As an example, he cited the National Response Plan , now revised as the National Response Framework--a formerly secret document leaked to Congressional Quarterly . State leaders say it's not a plan, and they don't understand it. A high-level veteran of FEMA during the Clinton years says federal agencies no longer know what they're supposed to do either. What are the implications for homeland security?
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.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
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.