FROM Robert Teitelman
Revelations about Lehman's, Just the Tip of the Iceberg? Senator Chris Dodd (D-CT) is taking finance reform to the full Senate, with new authority for the Federal Reserve. But questions have arisen about what the Fed's done with authority it already has. Last week's report about the collapse of Lehman Brothers two years ago revealed practices that could have deceived investors about the firm's health. What did auditors from the Fed and Securities Exchange Commission know about that — and when did they know it? Robert Teitelman is editor and chief of The Deal and The Deal Pipeline.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
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.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.