Update at 12:33 p.m. ET. Fed Extends 'Operation Twist':
The Federal Reserve said it was extending its "Operation Twist" through the end of year. It will add $267 billion more to the program in which the Fed sells some of its medium-term bonds in order to buy longer-term ones. In theory, that pushes down the interest rate on longer-term loans, especially mortgages.
I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, it's June, the beginning of the summer wedding season and a lot of couples are tying the knot, but what happens when your plans for a dream wedding in your hometown are the subject of - well, let's say - opinions of complete strangers?
Originally published on Thu June 21, 2012 12:03 pm
MICHEL MARTIN, HOST:
This is TELL ME MORE, from NPR News. I'm Michel Martin. Coming up, immigration is back in the news right now, in part because of a new move by the Obama administration to stop deporting young people who came here illegally as children. And now there's also new information about just who is coming here and why.
Originally published on Wed June 20, 2012 12:22 pm
Aaron Sorkin's new HBO drama The Newsroom revolves around Will McAvoy (Jeff Daniels), a popular cable-news anchor floating happily along with his nightly newscast, which does well in the ratings but doesn't tend to delve into anything that could offend or alienate anyone.
After McAvoy has a public meltdown at a university lecture, he's put on a three-week hiatus by his boss (Sam Waterston). During McAvoy's time off, his staff defects and a new executive producer named Mackenzie McHale (Emily Mortimer) is hired to take the helm of McAvoy's show.
The battle between the Obama administration and the House Oversight and Government over the Fast and Furious operation just ratcheted up another notch. There's word that the White House is exerting executive privilege over documents that the committee's Republican majority has subpoenaed.
New Democracy party leader Antonis Samaras has been sworn in as Greek prime minister, correspondent Joanna Kakissis and Sky News report.
As Joanna reported earlier for our Newscast Desk, Samaras' conservative New Democracy party came in first during Sunday national elections, but didn't get enough support to govern on its own. So it will share power with the Socialist PASOK and a small pro-European party — The Democratic Left.
We don't do too many traffic reports, but this news has the potential to be both fascinating and frustrating — depending on whether you're watching from afar or stuck inside a gridlocked car:
The Chesapeake Bay Bridge that carries U.S. Route 50 traffic back-and-forth between Washington, D.C., and mid-Atlantic beaches will be closed for about 40 minutes today, starting around 1:15 p.m. ET, so that a cargo ship carrying four huge cranes can pass (safely, we hope) beneath the span.
The founder of WikiLeaks, Julian Assange, spent the night at the embassy of Ecuador in London. Yesterday, he unexpectedly walked into the embassy and requested political asylum. Assange is seeking to avoid being extradited from Britain to Sweden, where he's wanted for questioning about allegations of sex crimes, including rape. We're joined by NPR's Phil Reeves in London. Phil, why do this now?