To the Point
A Political Reversal on Immigration Reform
Three months ago, President Obama blasted Republicans and promised executive action on immigration reform, but now he says the politics have changed, and the “action” has been postponed until after November’s elections. What would “executive action” be?
Three months ago, President Obama blasted Republicans and promised executive action on immigration reform, and the message has been “it’s coming.” But now he says the politics have changed, and the “action” has been postponed until after November’s elections. Disappointment is turning to anger for millions of Latinos and others, including potential voters this year and in 2016. What would “executive action” be? Would the political consequences have been more damaging than the backlash from a broken promise?
Also, the US prepares to take action against the Islamic State, and Wall Street goes gaga for China's Alibaba.
Banner Image Credit: Pete Souza
In this episode
3 storiesUS Lays Diplomatic Groundwork for Action Against Islamic State
The world is waiting for tonight’s speech by President Obama on his strategy for a new coalition against the extremist Islamic State. Much will depend on Iraq’s new government and in Baghdad today, Secretary of State John Kerry met with the Shiite prime minister, the Kurdish president and the Sunni speaker of Parliament.
Read the story7 minWill Obama’s Immigration Reform Delay Pay Off… and For Whom?
Less than three months ago, in a speech from the Rose Garden, President Obama made a promise about immigration reform, stating "I’m beginning a new effort to fix as much of our immigration system as I can on my own, without Congress."
Read the story34 minAlibaba’s Wooing of Wall Street
Fifteen years ago, Jack Ma—the founder of China’s Alibaba—was laughed out of Wall Street. Now the world’s biggest investors are clamoring for a piece of what could be the biggest IPO ever. On Monday, Alibaba held the first of 100 meetings in 10 days, selling itself to potential investors for the first time.
Read the story9 min