FROM Peter Gosselin
Congress under Pressure to Pass $700 Bailout Plan Treasury Secretary Henry Paulson hit yesterday's TV talk shows and President Bush increased the pressure on Congress today saying that "the whole world is watching" progress on his $700 billion bailout of the financial system. But some key Democrats are not in such a hurry, calling for help for Main Street as well as Wall Street. Peter Gosselin is national economics correspondent for the Los Angeles Times and author of High Wire : The Precarious Financial Lives of American Families.
The Candidates Stump on the Economy Both John McCain and Barack Obama had harsh words today about Iran's missile testing, but they've spent the week talking about the economy. Senator McCain says he'll balance the budget by 2013, the end of his first term. Senator Obama says he won't promise to eliminate the deficit in his first term because hard-hit American families need what he calls "some critical investments." We look at the impact of economic hard times on ordinary Americans and some of the economic fixes proposed by the two presidential candidates.
Paulson Wants to Rein in Mortgage Markets The President's Working Group on Financial Markets has blasted the mortgage industry for its role in the global credit crisis that began with sub-prime mortgages. Treasury Secretary Henry Paulson, who chairs the Group, wants home-buyer protections and new rules industry-wide. Peter Gosselin is national economics correspondent for the Los Angeles Times .
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.
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.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.