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01/13/2017: When a private prison is in your backyard
Jan 13, 2017

01/13/2017: When a private prison is in your backyard

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The Justice Department announced that it would phase out the use of private prisons. But the Georgia town of McRae-Helena has staked its future on these facilities. We've visited the region to see how residents feel about their presence. And in Trump-related news, we'll look at some of the cabinet picks who have yet to be scheduled for confirmation hearings, and discuss what the future might look like for big banks during his tenure. 

Segments From this episode

A small Georgia town where prisons play a big role

Jan 13, 2017
McRae-Helena could see its fortunes change under the Trump administration.
McRae Correctional Institution has been in this rural part of southern Georgia since the early 2000s, housing up to 2,000 federal prisoners.
Ali Guillory

The health care industry is taking a stand against the maker of EpiPen

Jan 13, 2017
As we all know, the maker of EpiPen, Mylan, has engaged in price gouging. But this week, the larger health care industry sent a strong message that they are not going to stand for it. On Wednesday, Cigna announced it would only cover the generic version of EpiPen. On Thursday, CVS announced a deal with […]

The outlook for banks under the incoming Trump administration

Jan 13, 2017
With a few banks reporting earnings Friday  — JP Morgan Chase, Wells Fargo, Bank of America — we’ll take a look at banking’s prospects. The new Trump administration and a GOP-controlled Congress have said they plan to dial back Dodd-Frank and other financial regulations. For the most part, bank stocks – and the market overall […]

Outsiders hope for jobs in Trump administration

Jan 13, 2017
Political outsiders are applying for jobs in the Trump administration.
President-elect Donald Trump exits Trump Tower on Monday.
TIMOTHY A. CLARY/AFP/Getty Images

01/13/17: Big banks, big money

Jan 13, 2017
After the election, some of the biggest banks were able to pull in a lot of money. We'll dive into the latest market trends. Next, we'll explore complaints from the EPA that some of Fiat Chrysler's vehicles are responsible for illegal pollution. Finally, we'll talk with some political outsiders who are vying for a position in the Trump administration.

The Justice Department announced that it would phase out the use of private prisons. But the Georgia town of McRae-Helena has staked its future on these facilities. We’ve visited the region to see how residents feel about their presence. And in Trump-related news, we’ll look at some of the cabinet picks who have yet to be scheduled for confirmation hearings, and discuss what the future might look like for big banks during his tenure.