By paying TARP back, are banks in the black?
The Treasury Department has determined that 10 large banks are strong enough to pay back funds from the Trouble Asset Relief Program following their performance on the stress test. But does this mean the banking crisis is over?9:06 a.m.Mark Calabria: Director of finanial regulation studies at the Cato Institute. He spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs.
Charles Wendel: President of Financial Institutions Consulting. He has extensive experience as a banker and a consultant and is a regular contributor to American Banker.
- New rules on executive pay
President Obama will announce a plan to reform compensation practices across the financial industry, particularly in banks that have received bailout money. Midmorning examines the task before newly appointed "compensation czar" Kenneth Feinberg.9:45 a.m.Michael Mandel: Chief economist at Business Week magazine. He's the author of a new textbook, "Economics: The Basics."
Americans and income inequality
High executive pay and bailouts may have exacerbated class differences lately. But political scientist Larry Jacobs says people still aspire to move up the income ladder and so have a nuanced view of class. And some say they would pay higher taxes to give others a chance to move up.10:06 a.m.Larry Jacobs: Professor of political science and director of the Humphrey Institute's Center for the Study of Politics and Governance. He is the co-author with Benjamin Page of the new book, "Class War?: What Americans Really Think about Economic Inequality."
Obama hits the road to promote health care reform
President Obama will hold a town hall meeting in Green Bay, Wis., Thursday, and health care reform is expected to be on the agenda. The event is part of the administration's efforts to drum up support for the president's reform plans.10:45 a.m.Kathy Kiely: Political reporter for USA Today.