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"A mass-delusion event"
Aug 28, 2018

"A mass-delusion event"

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Kai Ryssdal's in Minnesota today to chat with Neel Kashkari, the Minneapolis Fed president who presided over the bank bailout back in 2008. We'll have the full conversation next week, but today you can hear him talk about watching TARP fail to pass Congress the first time and the "mass-delusion event" that lead to the financial crisis. It's all part of our series, Divided Decade, marking the 10 years since that crisis. But first: The Trump administration announced a trade deal with Mexico, but a statute on presidential authority may cause a debate in Congress that could be an obstacle. We'll tell you what you need to know. Plus: Brett Kavanaugh and the Chevron Doctrine. 

 

 

Segments From this episode

Supreme Court nominee could impact how regulations are made if confirmed

Aug 28, 2018
The confirmation process for Brett Kavanaugh, President Donald Trump’s pick to replace outgoing Supreme Court Justice Anthony Kennedy, is scheduled to begin next week. Kavanaugh is likely to face questions on his view of a legal principal called the Chevron Doctrine. It says in cases where a law is ambiguous, regulators have room to interpret […]
Supreme Court Justice nominee Judge Brett Kavanaugh walks to a meeting with Sen. Heidi Heitkamp (R-ND) in the Hart Senate Office Building, on Aug. 15, 2018 in Washington, DC. 
Mark Wilson/Getty Images

Kai Ryssdal’s in Minnesota today to chat with Neel Kashkari, the Minneapolis Fed president who presided over the bank bailout back in 2008. We’ll have the full conversation next week, but today you can hear him talk about watching TARP fail to pass Congress the first time and the “mass-delusion event” that lead to the financial crisis. It’s all part of our series, Divided Decade, marking the 10 years since that crisis. But first: The Trump administration announced a trade deal with Mexico, but a statute on presidential authority may cause a debate in Congress that could be an obstacle. We’ll tell you what you need to know. Plus: Brett Kavanaugh and the Chevron Doctrine. 

 

 

Music from the episode

Realize Matilde Davoli
Be Careful Cardi B
Jungle Tash Sultana
Wishing Well Wild Cub