Marketplace Morning Report for Tuesday, May 12, 2015
Airing on Tuesday, May 12, 2015: Later today, the republican senator who heads the Senate Banking committee, Richard Shelby of Alabama, is expected to release a so-called "regulatory relief" bill that is being called the most ambitious attempt to revamp financial regulations since the Dodd-Frank law. So what might this new bill do? And the New York Fed’s survey of household debt and credit is out Tuesday. Even as debt has crept back up, consumers have not been turning to home equity lines of credit —a borrowing tool that played a role in the run-up to the housing crisis. Plus, today we're launch a series called Pro Tool: Tools of the Professional. We're looking for that must-have device in the possession of anyone in the workforce; be they a welder or a bike messenger or a comedian. The first item in our series? A pair of scissors.
Airing on Tuesday, May 12, 2015: Later today, the republican senator who heads the Senate Banking committee, Richard Shelby of Alabama, is expected to release a so-called “regulatory relief” bill that is being called the most ambitious attempt to revamp financial regulations since the Dodd-Frank law. So what might this new bill do? And the New York Fed’s survey of household debt and credit is out Tuesday. Even as debt has crept back up, consumers have not been turning to home equity lines of credit —a borrowing tool that played a role in the run-up to the housing crisis. Plus, today we’re launch a series called Pro Tool: Tools of the Professional. We’re looking for that must-have device in the possession of anyone in the workforce; be they a welder or a bike messenger or a comedian. The first item in our series? A pair of scissors.
