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.
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.
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?