Politics and Government

World
5:56 am
Wed December 11, 2013

Does Obama-Castro Handshake Signify Shifting Relations?

Originally published on Wed December 11, 2013 9:10 am

Shortly before eulogizing Nelson Mandela in South Africa on Tuesday, President Obama shook hands with Cuban leader Raul Castro and set off much discussion about a possible shift in U.S.-Cuba relations. David Greene talks to Dan Restrepo, a senior fellow at the Center for American Progress and former adviser to Obama on Latin America.

Politics
5:56 am
Wed December 11, 2013

Budget Proposal Is No 'Grand Bargain'

Originally published on Wed December 11, 2013 9:10 am

For years, there's been talk in Washington, D.C., about the "grand bargain" — a big deficit-reducing budget deal that rewrites the tax code and trims from the long-term costs of Medicare and Social Security. Tuesday night, Sen. Patty Murray and Rep. Paul Ryan announced what can only be described as a small bargain. But if it's approved by the House and Senate, it would avoid another government shutdown in January.

Politics
5:56 am
Wed December 11, 2013

Kerry Urges Lawmakers To Hold Off On Iran Sanctions

Originally published on Wed December 11, 2013 9:10 am

Secretary of State John Kerry is calling on lawmakers not to impose further sanctions in Iran as negotiations on reining in Tehran's nuclear program continue. Iranian officials have said new sanctions would kill off any hope of a final deal between Iran and world powers.

Politics
5:55 pm
Tue December 10, 2013

House, Senate Negotiators Announce Deal To Avert Another Shutdown

Originally published on Wed December 11, 2013 11:30 am

House and Senate negotiators said late Thursday that they reached a budget deal. The agreement would restore some of the automatic spending cuts known as sequestration, and includes some relatively small deficit reduction over the next two years. Rep. Paul Ryan, R-Wisc., and Sen. Patty Murray, D-Wash., hammered out the deal, which they characterized as a step in the right direction that would avoid another government shutdown in mid-January if both the House and Senate approve the budget.

The Two-Way
5:43 pm
Tue December 10, 2013

Bipartisan Negotiators Unveil Budget To Avoid January Shutdown

House Budget Committee Chairman Paul Ryan, R-Wis., and Senate Budget Committee Chairwoman Patty Murray, D-Wash., announce a proposed spending plan at the Capitol on Tuesday.
J. Scott Applewhite AP

Originally published on Tue December 10, 2013 7:07 pm

Congressional negotiators announced Tuesday that they'd reached a budget proposal to restore about $65 billion worth of sequestration cuts in exchange for cuts elsewhere and additional fees.

If approved by both the House and Senate, the plan — hammered out by Republican Rep. Paul Ryan of Wisconsin and Democratic Sen. Patty Murray of Washington — would avoid another government shutdown on Jan. 15.

Speaking at a news conference Tuesday evening, Ryan said the budget plan doesn't raise taxes and that it's a "step in the right direction."

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It's All Politics
5:39 pm
Tue December 10, 2013

Is Economic Populism A Problem Or A Solution For Democrats?

Sen. Elizabeth Warren, D-Mass., at a November hearing of the Senate Banking, Housing and Urban Affairs Committee. A recent op-ed critical of Warren's brand of economic populism sparked an intraparty dispute among Democrats.
Jacquelyn Martin AP

Originally published on Tue December 10, 2013 7:09 pm

The fight over taxes, entitlements and income inequality has clearly been reignited in the Democratic Party, sparking questions about whether, and how hard, to push economic populism as the party approaches the 2014 midterm elections and beyond.

The latest flare-up came between centrist Democrats at the Third Way think tank and liberals who view Sen. Elizabeth Warren, D-Mass., as their champion.

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The Two-Way
5:05 pm
Tue December 10, 2013

Woman Pleads Guilty To Mailing Ricin To Obama, Bloomberg

Originally published on Tue December 10, 2013 6:36 pm

A former actress who sent ricin-laced letters to President Obama and New York Mayor Michael Bloomberg has pleaded guilty in federal court in Texarkana, Texas, as part of a deal to limit her sentence to no more than 18 years.

Shannon Guess Richardson, a mother of six from Texas, had minor roles in The Walking Dead and The Blind Side. She mailed three ricin-laced letters from New Boston, Texas, near Texarkana, and then contacted police to say that her estranged husband had done it.

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Business
3:29 pm
Tue December 10, 2013

Volcker Rule Sets Tough Standards, High Regulatory Expectations

Originally published on Wed December 11, 2013 11:30 am

Transcript

AUDIE CORNISH, HOST:

For more on just how the Volcker rule will work and how it will be enforced, we're joined by Simon Johnson. He's professor at the MIT Sloan School of Management, and he's a member of the FDIC's systemic resolution advisory committee. Welcome to the program.

SIMON JOHNSON: Thanks for having me.

CORNISH: So let's talk more about proprietary trading. Give us some specific examples of this.

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Business
3:29 pm
Tue December 10, 2013

Regulators Tighten Bank Rules To Curb Risky Wall Street Trades

Originally published on Wed December 11, 2013 11:30 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Federal regulators today approved a tough new set of restrictions on the kinds of trading that banks can do. The so-called Volcker rule largely prohibits FDIC-protected banks from trading securities for their own financial gain. It's part of the Dodd-Frank overhaul passed three years ago.

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Politics
3:29 pm
Tue December 10, 2013

After Rules Change, Senate Democrats Pushes Forward With Nominees

Originally published on Wed December 11, 2013 11:30 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

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