FROM David McLaughlin
Global Banks to Pay Record Fines Some of the world's biggest banks have agreed to pay a record total of $5.8 billion in fines for illegal manipulation of dollars and euros on the currency market. Attorney General Loretta Lynch observed, "Currency traders at several multi-national banks formed a group they dubbed 'The Cartel.' It's perhaps fitting they chose that name because it aptly describes the brazenly illegal behavior they were engaged in on a near five year basis." We hear more from David McLauglin who reports for Bloomberg .
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
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.
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?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?