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 .
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.
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?
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?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.