Bloomberg News
Finance regulation reporter for Bloomberg News
PROFILE
Lorraine Woellert
Guest
FROM Lorraine Woellert
To the Point
US Reaches $25 Billion Mortgage Settlement with Top Banks President Obama announced today what he called "the largest joint federal-state settlement in American history." It's a $26 billion deal involving 49 states to provide relief from foreclosure abuse by five leading lenders: Bank of America, JP Morgan Chase, Citigroup, Wells Fargo and Ally Financial/GMAC Mortgage. Lorraine Woellert is finance regulation reporter for Bloomberg News .
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To the Point
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
To the Point
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?
Left, Right & Center
How was the trip? President Trump's travels got less fun as he went from the Middle East to Europe.
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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.