FROM Mike Calhoun
Whatever Happened to Finance Reform? It's more than a year since the collapse of Lehman Brothers signaled the start of the Great Recession. The Obama Administration proposed a financial overhaul and the House passed sweeping reforms. But now they're bogged down in the Senate.
Whatever Happened to Finance Reform? It's more than a year since the collapse of Lehman Brothers . Among the casualties of the Great Recession are millions of home-owning, credit-card holding consumers exploited by banks regarded as "too big to fail." The use of taxpayer money to protect those same banks from their own bad investments was justified with the promise of tough new regulations. The Congress passed sweeping reform, but now it's bogged down in the Senate. An independent agency to protect consumers may be dead on arrival. Banking interests call it a threat to their business. Reformers say a crisis is being wasted. We hear both sides.
The flight bumping heard around 'round the world Recent video of a passenger forcibly removed from a United Airlines plane is a worst-case example of what's happened since consolidation into just four US-based carriers. Management seems to be tone-deaf to a decline in service — and even abuse — of passengers.
In Janesville, WI, Middle America meets the new 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. We hear what's happened to what once was a model of American middle-class unity.
After Syria strike a new Trump doctrine emerges The President who promised an end to entanglements in the Middle East and snuggled up to Vladimir Putin has now outraged Russia with surprise missile attacks on Syria. That's raised questions about who's running the White House? We hear a variety of answers.