Nov 27, 2017

11/27/2017: Trumping consumer protection

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Mick Mulvaney, appointed leader of the the Consumer Financial Protection Bureau by the president, says you're naive if you thought the government agency would stay the same under the Trump administration. But many are worried that Mulvaney will hollow out the bureau, which gives $12 billion in refunds to 30 million Americans. And we give you the Congressional Budget Office’s evaluation of another Trump-era revamp, the tax reform bill. Plus, why the Koch brothers want to buy Time Inc., what a post-Hurricane Irma citrus industry looks like and how Brexit will affect the Cornish language revival, which the European Union helped finance.

Segments From this episode

Time Inc. purchased with a little help from the Kochs

Nov 27, 2017
Meredith Corp., the Iowa-based magazine company behind Better Homes and Gardens (and plenty of other titles), is set to complete a nearly $3 billion purchase of Time Inc. early next year. Known for its news magazine as well as Sports Illustrated and People, Time has long been a desired purchase for Meredith. Two other attempts to purchase the company have […]

Florida's citrus industry is still suffering from Hurricane Irma

Nov 27, 2017
The state's congressional delegation is pushing for dedicated funding to help growers, whose losses are estimated at $760 million.
Thousands of trees were uprooted by Hurricane Irma in Everglades Harvesting's 500-acre orange grove near Naples. The trees are being dumped on burn piles to make room for costly replanting. This year's crop is mostly a loss, says Paul Meador, a fourth-generation citrus grower.
Mitchell Hartman/Marketplace

For oil giant Shell, service station means electric cars, too

Nov 27, 2017
Running cars on something other than gas stands to greatly reduce the world’s need for oil. That has energy company Shell moving into the electric vehicle charging business. On top of last month’s purchase of major European electric vehicle charging network NewMotion, it’s got a new partnership to put high speed EV chargers in dozens […]

Becoming a food and wine "superhero"

Nov 27, 2017
"I'm in a place where I can make a difference."
Justin Sullivan/Getty Images

How much could a new leader reshape the CFPB?

Nov 27, 2017
The Consumer Financial Protection Bureau, created in the wake of the financial crisis, is locked in a leadership struggle after its first director stepped down last week.
White House Budget Director Mick Mulvaney, President Donald Trump's pick for acting director of the Consumer Financial Protection Bureau, walks back to the White House from the CFPB building after he showed up for his first day of work today in Washington, D.C.
Alex Wong/Getty Images

CBO numbers on tax bill changes don’t look good for the country’s poorest

Nov 27, 2017
While the drama over at the Consumer Financial Protection Bureau is ongoing, the big story in Washington right now is still taxes. Members of Congress are back from their holiday break, and Republicans are doing their best to tweak and prod the tax plan to garner enough votes to get it through the Senate. That […]

Brexit threatens ancient tongue in Britain's southwest

Nov 28, 2017
Speakers of the Cornish language fear EU funding for learning it won't be replaced.
Loveday Jenkin, a leading Cornish language campaigner – standing next to the winding gear from a traditional Cornish tin mine.
Stephen Beard/Marketplace

Mick Mulvaney, appointed leader of the the Consumer Financial Protection Bureau by the president, says you’re naive if you thought the government agency would stay the same under the Trump administration. But many are worried that Mulvaney will hollow out the bureau, which gives $12 billion in refunds to 30 million Americans. And we give you the Congressional Budget Office’s evaluation of another Trump-era revamp, the tax reform bill. Plus, why the Koch brothers want to buy Time Inc., what a post-Hurricane Irma citrus industry looks like and how Brexit will affect the Cornish language revival, which the European Union helped finance.

Music from the episode

Baghdad Sun Apollo Brown
Reflektor Arcade Fire
All Night (feat. Knox Fortune) Chance the Rapper, Knox Fortune
I'm In Love - Poolside Remix Fool's Gold, Poolside
CurtchopTruth!!! 9th Wonder

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