In this week's DJ Sessions, we spoke with KCRW's Raul Campos about "southern fried soul" from Texas and a dance duo from Los Angeles.
A House Financial Services Committee hearing Wednesday turned briefly to JPMorgan’s $2 billion loss in risky trading.
Bloomberg News reports that JP Morgan has deployed teams of representatives to brief congressional staffers about the trading strategy that led to the losses, which were first disclosed last week.
Democrats argue that rules on such trading, still being written, need to be toughened. Republicans claim too much financial regulation will drive financial firms overseas and fail to prevent risky trades that led to the 2008 financial crisis.
Throughout the week, Here & Now is looking at the impact a raise in the minimum wage would have on states, the federal government and workers.