All Things Considered

Monday-Friday 3-5PM
Michele Norris & Robert Siegal
Melissa Block
Genre: 
Composer ID: 
5187f509e1c88059a9100aaa|5187f501e1c88059a9100a96

Pages

4:22pm

Wed July 17, 2013
Politics

Congress Debates Taking A Step Back From The Mortgage Market

Originally published on Wed July 17, 2013 6:11 pm

The government took over mortgage giants Fannie Mae (seen in 2010) and Freddie Mac in 2008, during the worst of the housing crisis.
Win McNamee Getty Images

The mortgage giants Fannie Mae and Freddie Mac got hit so hard by the housing crisis that they required a massive federal rescue. Now lawmakers are looking to scale back the two entities' role — and the government's — in the mortgage market.

The Senate Banking Committee is expected to vote Thursday on President Obama's nominee to head the agency that oversees Fannie and Freddie.

Read more

3:59pm

Wed July 17, 2013
Planet Money

The 'Ask Your Uncle' Approach To Economics

Originally published on Wed July 17, 2013 6:11 pm

The Federal Reserve, home of the Beige Book.
Karen Bleier AFP/Getty Images

The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.

In the Beige Book released today, for example, we learned that:

Read more

3:28pm

Wed July 17, 2013
The Two-Way

'We're Here To Stay' Says Newly Confirmed Consumer Watchdog

Originally published on Wed July 17, 2013 6:11 pm

Richard Cordray, director of the Consumer Financial Protection Bureau.
Ron Sachs/pool Getty Images

One day after his two years in limbo ended and he was confirmed by the Senate as head of the Consumer Financial Protection Bureau, Richard Cordray told NPR that though political bickering held up his nomination he now believes he has bipartisan support for the bureau's work.

Read more

3:09pm

Wed July 17, 2013
Economy

Bernanke Gives Economic Road Map With Uncertain Timeline

Originally published on Wed July 17, 2013 6:11 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

One month ago, Federal Reserve Chairman Ben Bernanke introduced the idea of winding down the Fed's massive stimulus programs. On that announcement, the markets tanked. Today, Bernanke said pretty much the same thing. But this time, the markets yawned.

As NPR's John Ydstie explains, the Fed chairman appears to have finally found the formula to ease Wall Street's concerns.

Read more

2:20pm

Wed July 17, 2013
The Two-Way

Newly Discovered Dinosaur Sure Had One 'Supersize Schnoz'

Originally published on Wed July 17, 2013 6:11 pm

An artist's image of Nasutoceratops titusi.
Lukas Panzarin for the Natural History Museum of Utah

The Proceedings of the Royal Society politely refers to it as a "short-snouted horned dinosaur."

National Geographic is less reserved and gets right to the obvious point: "Paleontologists have discovered a new dinosaur, a Triceratops relative with a supersize schnoz that once roamed present-day Utah."

Read more

Pages