On Friday, the battle over financial regulation heated up, with President Obama vowing to veto any financial reform bill that did not regulate derivatives (complex financial instruments which were partly responsible for the financial crisis), and all 41 Senate Republicans declaring their opposition to the bill in its current form. Today, the President devoted his weekly address to the reform issue, vowing to press ahead with the legislation and accusing Senate Minority Leader Mitch McConnell of making "cynical and deceptive" statements against it in an effort to protect Wall Street from regulation.
Supreme Court Clears the Way for Trump’s Cuts to the Education Department
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Lawyers for the Trump administration had asked the justices to block a
lower court order that directed officials to reinstate thousands of fired
employees.
1 hour ago
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