Segments From this episode
President Obama today will not announce Elizabeth Warren to be his nominee to head the new Consumer Financial Protection Bureau. Former Ohio Attorney General Richard Cordray is expected to get the nomination.
In a series of stress tests conducting in Europe, 82 out of 90 European banks were deemed strong enough to survive another financial crisis. But are the tests asking the right questions?
Julia Coronado, chief economist with the investment bank BNP Paribas, talks about the ratings agency S&P's possible downgrade of U.S. credit, and what ratings agencies mean to modern markets.
Marketplace Morning Report for Monday, July 18, 2011