plus, the new abortion bil case that is setting up alar bells and we will fill you i on a texas wrongful deat lawsuit that could have chilling effect on anyon accessing abortion care in the lone star state. and former texas state senator wendy davis who famously filibustered an anti-abortio bill on the floor of the texas capital will join me to explai where the fight for abortion rights goes next and later, and our serie celebrating her story, simon said sounded the legendary misty copeland, the first blac woman to become principa dancer at the american balle theater. how misty copeland changed the face of l.a. and opened door for other dancers of color you are watching some orange and we have a lot to tal about. what did former president trum mostly defenders is one of his most biting critics. according to the associate press, former vice president mike pence ripped into his former boss at what is typically a lighthearted event the great iron dinner hailed last night in wa
Into the white house we look at his plans to improve the us economy. And the latest Growth Figures in china will be scrutinised under worries of a potential trade war. Hello and welcome to Asia Business report. The big day is finally here. Dan norton ups inauguration and the many he is a controversial person to move into the white house and there is a lot of uncertainty as to how presidency will impact the economy. This was the moment democrats hoped would put that in check after financial crisis that led to the worst us recession since the great depression, president obama and the American People were eager to see regulations that would put limits on bad behaviour and prevent us taxpayers from ever having to bail out the banks again. But republicans have been attacking dog frank since its inception saying it has gone too far. Now they are in power, scaling back some of those rules is finally in reach. Bank lending has been impeded. We have practically zero Interest Rate yet gross dome
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it may take a few days, i very optimistic. that is certainly good news for svm silicon valley, bu there are many americans aroun the country who remember tha 2008 financial crisis, and also, remember the flurry of lawmaking that followed in the wake of that crisis. they re probably are wondering right now, how did this happen again? how did it happen so soon? so, who or what to blame who or what is to blame fo this failure well, first of, all start with management. there s clearly a management problem. the second thing is he has following the 2008 200 meltdown and the financial crisis that occurred there, major piece of legislation wen into effect called the dog frank, and that put in ver specific requirements for bank of all sizes trump came into office, th republicans are in control o both houses, and trump, an they wiped out, or reduced nearly wiped out the regulator regime for mid size banks.
a basically a pragmatic compromise you know that the house republicans would have wanted a much more radical overhaul of dog frank but they didn t want to alienate the democratic vote ahead of the midterm elections that they really wanted to secure a win but it s also worth bearing in mind that if it s deregulation they want this isn t a bill that precludes future action there s enough reporting to suggest that regulatory agencies are already looking into all sorts of ways to ease restrictions on bigger banks like capital requirements or borrowing limits so you know this bill could just be a small part of this bill could just be a small part of a bigger deregulatory wave a compromise though it may be ok that s the long for us and frank thank you. hamburg will be the first german city to introduce a diesel ban due to high air pollution from thursday of next week older diesels that is models that do not meet the so-called your six emission standards will be