Jul 11, 2017

07/11/2017: The other news out of the White House

MIGUEL MEDINA/AFP/Getty Images

We told you yesterday about Congress' long to-do list, and today Senate Majority Leader Mitch McConnell delayed the August recess to address it. But over on the other end of Pennsylvania Avenue, there's a lot going on. President Trump sent Congress his first nominee for the Federal Reserve and got his nominee for the Office of Information and Regulatory Affairs approved. We'll talk about both. Then: Snap shares are trading below their initial public offering price back in March amid advertising worries. We'll look at a possible case of buyer's remorse. Plus: the business of building big stadiums.

Segments From this episode

Why do pro sports teams get tax breaks to build new stadiums?

by Andy Uhler

Jul 11, 2017

It's become the norm for pro sports franchises to count on tax-free municipal bonds for building stadium projects.

Mike Ehrmann/Getty Images

LISTEN

EMBED

In the economic circle of life, businesses are dying faster than ever

by Kai Ryssdal and Emily Henderson

Jul 11, 2017

"A narrow swath of people, places and firms" account for a huge part of national growth, EIG co-founder says.

MLADEN ANTONOV/AFP/Getty Images

LISTEN

EMBED

Who's on the Trump administration's deregulation task force?

by Kai Ryssdal

Jul 11, 2017

The New York Times and ProPublica found 28 people with potential conflicts of interest.

MIGUEL MEDINA/AFP/Getty Images

LISTEN

EMBED

Snap’s share price falls below its IPO level - a case of buyers remorse?

by Adam Allington

Jul 11, 2017

Analysts have questioned the company's ability to keep advertisers happy.

LISTEN

EMBED

A new regulator for the Federal Reserve may favor deregulation

by Nancy Marshall-Genzer

Jul 11, 2017

President Trump has sent Congress his first nominee for a post at the Federal Reserve. He’s named Randal Quarles as Fed vice chair of supervision. That’s the central bank’s top banking regulator. He’s the first one to hold the position since it was created seven years ago under Dodd-Frank financial reform law. And, maybe ironically, […]

LISTEN

EMBED

We told you yesterday about Congress’ long to-do list, and today Senate Majority Leader Mitch McConnell delayed the August recess to address it. But over on the other end of Pennsylvania Avenue, there’s a lot going on. President Trump sent Congress his first nominee for the Federal Reserve and got his nominee for the Office of Information and Regulatory Affairs approved. We’ll talk about both. Then: Snap shares are trading below their initial public offering price back in March amid advertising worries. We’ll look at a possible case of buyer’s remorse. Plus: the business of building big stadiums.