Business

Head Of Consumer Financial Protection Bureau To Step Down

Richard Cordray, the head of Consumer Financial Protection Bureau, is stepping down at the end of the month. The bureau was created in the wake of the financial crisis and has recovered $12 billion from financial firms on behalf of consumers, but Republicans have fought Cordray and the bureau, claiming its very existence is illegal and that it has harmed consumers by stifling lending.

Episode 805: War And Peace And Cows

In South Sudan, there is a kind of money that works even through bank failures and unstable governments. But when war struck, it upended a whole economy: the economy of cows.