FROM Liz Pulliam Weston
New Retirement Rules When you go to a financial adviser to figure out your retirement plan, that adviser is not required to act in your best interest. But a new rule working its way through the federal system would change that, and make it mandatory for retirement advisers to actually work for the people who hire them. It’s something President Obama has been pushing to get for years and it could finally go into effect in the next few months. What difference will it make?
New Rules for Credit Bureaus If your credit score is keeping you up at night, there’s a little good news this morning. A bad credit score, whether it’s accurate or not, can stand between you and buying a house or even getting a job. Now, the three big companies have agreed to make it easier for consumers to fix bad credit information. Equifax, Experian and TransUnion negotiated for a year with New York’s Attorney General before reaching an agreement that overhauls how the bureaus handle unpaid medical bills and disputes between creditors and consumers.
Trump says goodbye Paris Accord: What does it mean for U.S. and the planet? President Donald Trump announced Thursday that the U.S. will withdraw from the Paris Climate Accord, the landmark international agreement to limit greenhouse gas emissions. Trump was to renegotiate a new deal, but will that happen?
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.
Securing Public Spaces, Super Wealthy Asians Vehicles are increasingly being used as weapons, as seen in the London Bridge attack over the weekend and in New York’s Times Square last month. The Compton-based company Calpipe is designing security bollards to help make public spaces safer. And novelist Kevin Kwan satirizes the “crazy rich” Asian jet set and their luxurious tastes in his latest book, “Rich People Problems.”
Why did Jared Kushner want a back channel with Russians? News broke Friday that President Trump’s son-in-law and senior advisor, Jared Kushner, tried setting up a back channel between the Trump transition team and the Russian government. What are the consequences for Kushner, President Trump, and the investigation into Russian meddling?