Americans have lost confidence in banks and credit card companies. Is government protection against predatory lending the answer? As the new Consumer Financial Protection Bureau takes its first major action, will it make things better or worse? Also, the UN Security Council fails to act on Syria, and the National Guard's sponsorship of NASCAR racer Dale Earnhardt, Jr. has barely survived Congressional budget cutters. But the Army has dropped the Stewart-Haas team. What's sacred and what's not?
FROM THIS EPISODE
One day after Syrian rebels killed top aides to President Assad in the heart of Damascus, Security Council members China and Russia have vetoed a resolution extending the UN Observer Mission. America's Ambassador to the UN, Susan Rice said that history would "judge harshly" the Council's failure "from assuming even its most basic responsibilities." President Bashar al-Assad appeared today on Syrian TV, swearing in a new defense minister to replace the one killed yesterday. But violence has escalated in capital city, and there are real questions about his regime's capacity to survive. Reporter Liz Sly is based in Turkey for the Washington Post.
Yesterday, the Consumer Financial Protection Bureau took its first major enforcement action since it began operating a year ago. It ordered Capital One Bank to refund about $150 million dollars to two million credit card customers. Bureau Director Richard Cordray says Capital One's telephone vendors used deceptive marketing to sell add-ons like credit monitoring and debt protection. Democrats created the Bureau in response to predatory lending practices. Republicans are still trying to slow it down. Is the CFPB's the confidence-building action consumers have been waiting for or just more regulation that will swamp the finance industry in government red tape? Instead of a government agency with new powers, would it be better to break up the big banks and return personal finance to a human scale?
John Gravois, Pacific-Standard magazine (@johngravois)
Stephen Moore, Heritage Foundation (@StephenMoore)
Pamela Banks, Consumers Union (@consumersunion)
Amar Bhide, Tufts University (@amar_bhide)
Congressional budget cutters are sharpening their pencils, even when it comes to defense. The National Guard's sponsorship of NASCAR racer Dale Earnhardt, Jr. has barely survived – the vote in Congress was 216 to 212 -- but the Army is dumping the racing team of Tony Stewart and Ryan Newman. James Dupree is Radio News Director of the Cox Media Group's Washington Bureau.
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Special: ‘Trump Baby’ flies over Big Ben… President Trump flies to Europe this week for meetings with NATO, the Queen and Russia’s President Putin. But the president won’t be the only Trump flying when he lands in the UK. An enormous, orange “Trump baby” balloon, complete with a diaper and cell phone is set to float just above the streets of London, for all to see. What else do British protestors have in store?
On the road to SCOTUS: Politics trumps the law Conservative Judge Brett Kavanaugh’s Senate confirmation looks highly likely, but crucial issues won’t go away. The Supreme Court may see cases involving abortion, health care and the limits of presidential power. Can Democrats use upcoming hearings to dramatize what’s at stake--before November’s elections?
Politics and ‘incivility’ One Democrat wants Trump aides confronted in public over separating immigrant families. But her party’s leaders call that “incivility.” The question is: does moderation accomplish real change -- or is it a smokescreen for the status quo? When it comes to achieving racial equality, what’s worked and what hasn’t?
Family migration and the politics of incivility Separating immigrant families at the border may be something new, but the US has never extended the “Good Neighbor Policy” to Central America. Clinton and Bush discouraged newcomers, and Obama was called, “Deporter in Chief.” We’ll provide context ignored in mainstream media coverage.
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