Obama’s Vision for Military, Relations with Pakistan, Bullitt County Sewage Spill, Richard Cordray’s Presidential Appointment: Today on Here and Now

1:06pm: With the wars in Iraq and Afghanistan winding down, President Obama today spelled out his vision of the military in the years ahead, driven by the push to cut Pentagon spending by at least $450 billion dollars over the next decade. Obama will likely draw fire for spelling out that the U.S. military will […]

Payday Loan Opponent Says Prospect of Federal Regulation Won’t Deter Local Efforts

The newly-formed federal Consumer Financial Protection Bureau has the power to regulate payday loans. But a Kentucky lawmaker who has repeatedly attempted to cap payday loans says the feud in Congress over the bureau doesn’t make him confident that any progress will be made. State Senator Gerald Neal, D-33, has spent years trying to cap […]

Today on Here and Now

President Obama is nominating former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau, which officially opens on Thursday. Elizabeth Warren, who created and has been leading the bureau over the past year, didn’t get the job, but some say the financial industry is just as scared of Cordray because of his […]