GOP presidential candidate Mitt Romney's choice of Rep. Paul Ryan of Wisconsin as his running mate may help energize support from conservative voters who like his tough approach to overhauling the federal budget.
But there's a risk that Ryan may turn off an important voting bloc: senior citizens.
Hundreds gathered in Flint, Mich., Tuesday, to celebrate the return home of Olympian Claressa Shields. At 17, Shields became the first U.S. woman ever — and the only American this summer — to win a gold medal in boxing.
In a rare moment of joy, Flint greeted the high school student with a marching band and a motorcycle escort.
It's been a record hot summer in many cities across the nation. Phoenix is no exception. This Sonoran Desert metropolis already records more days over 100 degrees than any other major U.S. city. Now, climate models predict Phoenix will soon get even hotter.
A hotter future may mean a more volatile environment — and along with it, natural disasters, greater pressure on infrastructure, and an increased physical toll on city residents.
Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the central banking system of the United States, the Federal Reserve.
For the past 35 years, the Fed has had a dual mandate from Congress: to set interest rates at levels that will both foster maximum employment and keep prices stable. Put another way, the Fed's goals are to get unemployment as low as possible while keeping inflation in check.
Originally published on Tue August 14, 2012 3:27 pm
Britain's fifth-largest bank has agreed to pay $340 million to settle charges by New York regulators that it laundered money for Iranian clients.
NPR's Chris Arnold filed this report for our Newscast unit:
"In court documents, the regulator alleged that for 10 years Standard Chartered Bank quote 'schemed with the Government of Iran and hid from regulators roughly 60,000 secret transactions... involving $250 billion dollars and reaping hundreds of millions of dollars in fees for the bank.'
Congressman Paul Ryan is well known as a deficit hawk and supporter of small government. His stances on other hot-button issues though — from abortion to gun rights — have received less attention. Melissa Block talks with David Drucker, associate politics editor at Roll Call, about where the presumptive Republican vice presidential nominee stands on the issues that have been less central to his public persona.
For the next several days, All Things Considered is going to take a few minutes to listen to stump speeches on the campaign trail. We'll hear from Mitt Romney, Paul Ryan, Joe Biden and first, President Obama in Iowa.