Presumptive Democratic presidential nominee Hillary Clinton was in Springfield, Ill., Wednesday where she sought to use the symbolism of a historic landmark to draw parallels to a present-day America that is in need of repairing deepening racial and cultural divides.

The Old State Capitol — where Abraham Lincoln delivered his famous "A house divided" speech in 1858 warning against the ills of slavery and where Barack Obama launched his presidential bid in 2007 — served as the backdrop for Clinton as she spoke of how "America's long struggle with race is far from finished."

Episode 711: Hooked on Heroin

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When we meet the heroin dealer called Bone, he has just shot up. He has a lot to say anyway. He tells us about his career--it pretty much tracks the evolution of drug use in America these past ten years or so. He tells us about his rough past. And he tells us about how he died a week ago. He overdosed on his own supply and his friend took his body to the emergency room, then left.

New British Prime Minister Theresa May announced six members of her Cabinet Wednesday.

Amid a sweeping crackdown on dissent in Egypt, security forces have forcibly disappeared hundreds of people since the beginning of 2015, according to a new report from Amnesty International.

It's an "unprecedented spike," the group says, with an average of three or four people disappeared every day.

The Republican Party, as it prepares for its convention next week has checked off item No. 1 on its housekeeping list — drafting a party platform. The document reflects the conservative views of its authors, many of whom are party activists. So don't look for any concessions to changing views among the broader public on key social issues.

Many public figures who took to Twitter and Facebook following the murder of five police officers in Dallas have faced public blowback and, in some cases, found their employers less than forgiving about inflammatory and sometimes hateful online comments.

As Venezuela unravels — with shortages of food and medicine, as well as runaway inflation — President Nicolas Maduro is increasingly unpopular. But he's still holding onto power.

"The truth in Venezuela is there is real hunger. We are hungry," says a man who has invited me into his house in the northwestern city of Maracaibo, but doesn't want his name used for fear of reprisals by the government.

The wiry man paces angrily as he speaks. It wasn't always this way, he says, showing how loose his pants are now.

Ask a typical teenage girl about the latest slang and girl crushes and you might get answers like "spilling the tea" and Taylor Swift. But at the Girl Up Leadership Summit in Washington, D.C., the answers were "intersectional feminism" — the idea that there's no one-size-fits-all definition of feminism — and U.N. climate chief Christiana Figueres.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

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JPMorgan Chase Settles With Housing Regulator For $5.1 Billion

Oct 25, 2013
Originally published on October 25, 2013 7:31 pm

JPMorgan Chase announced that it reached a $5.1 billion settlement with the Federal Housing Finance Agency, which is a conservator for the mortgage giants Freddie Mac and Fannie Mae.

The Wall Street Journal explains:

"The pact with the Federal Housing Finance Agency includes $4 billion to settle a lawsuit alleging the bank misled Fannie and Freddie about the quality of securities J.P. Morgan and two other banks it later acquired had sold to the housing-finance giants during the housing boom. The deal also includes $1.1 billion to settle separate demands from Fannie and Freddie that J.P. Morgan buy back loans that the housing-finance companies said had run afoul of their underwriting standards.

"'This is a significant step as the government and J.P. Morgan Chase move to address outstanding mortgage-related issues,' said FHFA Acting Director Edward DeMarco. Resolving the outstanding lawsuit 'provides greater certainty in the marketplace and is in line with our responsibility for preserving and conserving Fannie Mae's and Freddie Mac's assets on behalf of taxpayers.'"

This deal is one part of a greater settlement said to be worth $13 billion. As we reported on Saturday, the bank has reached a tentative deal that would "settle civil charges related to wrongdoing by some of its units just before and during the housing crisis."

"Today's settlements totaling $5.1 billion are an important step towards a broader resolution of the firm's MBS-related matters with governmental entities, and reflect significant efforts by the Department of Justice and other federal and state governmental agencies," JPMorgan Chase said in a statement.

Just before the news of the $5.1 billion settlement broke, Bloomberg reported that the $13 billion deal had hit a snag, because Chase was wanted to make the Federal Deposit Insurance Corp. "liable for part of the payment."

Update at 6:44 p.m. ET. Probably Not A Deterrence:

John C. Coffee Jr., the Adolf A. Berle Professor of Law at Columbia University, explained to our Newscast unit that this case is about the government claiming fraud, saying that JPMorgan or the companies it later bought had sold portfolios to Freddie Mac and Fannie Mae without revealing just how toxic the mortgage-backed securities in them had become.

Coffee said, however, that this may not do anything to deter future shady behavior. To do that, Coffee said, the government has to target individuals as well.

"This is a cost that ultimately will be borne by the shareholders and the shareholders of JPMorgan are too dispersed and diffused to take meaningful collective action against management," Coffee said.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.