Barney Frank was one of the people most responsible for overhauling financial regulation after the 2008 economic crisis. After retiring from Congress, he supported a change to his own law that would benefit midsize banks, and joined the board of such a bank. Last week, that bank failed. David Enrich called Mr. Frank and asked him to explain.Guest: David Enrich, the business investigations editor at The New York Times.Background reading: Officials with Signature and Silicon Valley banks, which regulators seized in recent days, had called for looser financial requirements for midsize banks.Here’s why people are worried about banks.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 22.03.2023Barney Frank on His Role in the Banking Crisis
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Folge vom 21.03.2023China, Russia and the Risk of a New Cold WarAs Xi Jinping, China’s leader, meets with President Vladimir V. Putin of Russia in Moscow this week, Chinese officials have been presenting his trip as a mission of peace. But American and European officials are watching for something else altogether — whether Mr. Xi will add fuel to the full-scale war that Mr. Putin began more than a year ago.Edward Wong explains what Mr. Xi is really up to, and why it’s making people wonder whether a new Cold War is underway.Guest: Edward Wong, a diplomatic correspondent for The New York Times.Background reading: Chinese officials say Xi Jinping’s trip to Moscow is a peace mission. But U.S. and European officials say he aims to bolster Vladimir Putin.Here’s what to know on Xi’s second day of meetings in Russia.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 20.03.2023How TikTok Became a Matter of National SecurityTikTok, the app known for short videos of lip syncing, dancing and bread baking, is one of the most popular platforms in the country, used by one out of every three Americans.In recent weeks, the Biden administration has threatened to ban it over concerns that it poses a threat to national security.Guest: Sapna Maheshwari, a business reporter for The New York Times.Background reading: TikTok’s owner, ByteDance, is being investigated over possible spying on journalists.Why countries are trying to ban TikTok.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 19.03.2023The Sunday Read: ‘Spirited Away to Miyazaki Land’As an American, Sam Anderson knows what it feels like to arrive at a theme park. “The totalizing consumerist embrace,” he writes. “The blunt-force, world-warping, escapist delight.” He has known theme parks with entrances like “international borders” and ticket prices like “mortgage payments.” Mr. Anderson has been to Disney World, which he describes as “an alternate reality that basically occupies its own tax zone.”In November, when Ghibli Park finally opened, Mr. Anderson made sure to get himself there. The park is a tribute to the legendary Studio Ghibli, first started by the animator Hayao Miyazaki in 1985, out of desperation, when he and his co-founders, Isao Takahata and Toshio Suzuki, couldn’t find a studio willing to put out their work.Miyazaki is detail-obsessed. He agonizes over his children’s cartoons as if he were Michelangelo painting the Sistine Chapel, insisting that, although few viewers will be conscious of all this work, every viewer will feel it. And we do. Those tiny touches, adding up across the length of a film, anchor his fantasies in the actual world.And so, after many years, and much traveling — at long last — Mr. Anderson found himself stepping into the wonders of Ghibli Park. His first impression was not awe or majesty or surrender or consumerist bliss. It was confusion.This story was recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.