Mick Mulvaney, appointed leader of the the Consumer Financial Protection Bureau by the president, says you're naive if you thought the government agency would stay the same under the Trump administration. But many are worried that Mulvaney will hollow out the bureau, which gives $12 billion in refunds to 30 million Americans. And we give you the Congressional Budget Office’s evaluation of another Trump-era revamp, the tax reform bill. Plus, why the Koch brothers want to buy Time Inc., what a post-Hurricane Irma citrus industry looks like and how Brexit will affect the Cornish language revival, which the European Union helped finance.
We've got a whole bunch of stories about America's biggest shopping holiday: From communities recovering after a long storm season, to shoppers in Korea trying to get in on the action. Then we talk with PayPal President Dan Schulman to get his perspective on this year's shopping season and the continuing rise of mobile payments. Plus: While we're all rushing around to stores, Congress is enjoying one more day of rest before a frenzy of their own: Passing the tax bill before the end of the year.
It is now officially holiday shopping season. According to a recent survey, 91 percent of people who said they'd be shopping this holiday weekend are going to do at least some of it online. However, shopping online doesn't mean you can skip all the crowds, online traffic is proving to be an issue for popular retail websites. If you are one of those people that will still go to the mall this holiday season, chances are you will see a line of people waiting to take their picture with Santa Claus. Santa visits are a big draw and can translate into big sales for retailers. But if you're trying to see him at the Macy's in New York’s Herald Square, you'll have to make an appointment first.
Also on today's show: How the "Peanut Butter Grandma" changed food regulations, including what's on your Thanksgiving table.
You might have to eat a few veggies before feasting on carbs and butter and sweets, but we're going to try and serve up a good show for you. We promise. In this case, the vegetables are federal regulations, which might seem super boring but actually affect your life every single day. Case in point: Net neutrality. Federal Communications Commission Chair Ajit Pai is on his way to rolling back virtually all the net neutrality rules his agency put in place just a couple years ago. But before rules become official, there's supposed to be a comment period. This one was historic, but sometimes they're more for show than anything else. Then, we'll update you on the latest trade rules to cross President Donald Trump's desk and the big data breach du jour (this time at Uber). Plus: As we wait for the next name to drop in the growing list of accused high-profile sexual offenders in the workplace, let's talk about the real and justified reluctance among some of the victims to say anything about it to human resources.
Federal Communications Commission Chairman Ajit Pai said today he's going to ask the commission, which is split along party lines in favor the GOP, to get rid of Obama-era rules around net neutrality and adopt a more free-market approach. The move comes at a confusing time for telecommunications policy in this country, and we'll talk about it. Then: About 60,000 Haitians living in the United States are trying to figure out what's next. The Trump administration said it's not going to renew protections that let people driven out of their homes from disaster or war live and work legally here. Citizens of 10 countries currently have that status, and Haitians are the second group this month to get a heads up that their time is running out. Finally, we'll bring you the latest on NAFTA negotiations and a new book about Indian food.
You might have seen it coming. President Donald Trump decided not to reappoint Janet Yellen to a second term chairing the Federal Reserve, and today Yellen announced she's leaving the Fed completely once her successor is confirmed. The way terms of the board of governors are set up, she could have stayed for another seven years. We'll talk about what's next for her and the central bank. Then, we'll bring you the latest on the $85 billion merger between AT&T and Time Warner, which the Justice Department is trying to block. Plus: Congress is about to go on Thanksgiving recess, but tax reform waits for no one.