FROM Shahien Nasiripour
The President's Latest Message: 'There's No Time to Lose' With a sense of urgency, President Obama has announced a host of new financial regulations . His stated goals are to protect retirement accounts, make big corporations pay their taxes, and bolster organized labor. Business interests and Republicans call it a "regulatory rampage" -- but disappointed progressives say he's waited too long. Stakes include the legacy of the Obama Administration. In this week's address to the people, the President highlighted two of the new regulations he's imposed to make financial advisors responsible to their clients and to stop corporations from merging with foreign companies to avoid US taxes. During a news conference last week, he explained, "When companies exploit loopholes like this it makes it harder to invest in the things that make the economy work for future generations. It sticks the rest of us with the tab and makes hard working Americans feel like the deck is stacked against them"
Five Biggest Mortgage Firms Accused of Fraud America's five largest mortgage companies are accused of defrauding taxpayers in their handling of home foreclosures. Bank of America, Wells Fargo, JP Morgan Chase, Citigroup and Ally Financial are collectively holding three out of every five home loans. The accusations arise from audits by the Department of Housing and Urban Development . That's according to Shahien Nasiripour of the Huffington Post .
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?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?