Boom Bust: Lawrence White on the Fed’s policy problems

The top story: Chinese insurer Anbang Insurance is planning an IPO for its Life Insurance unit. Ameera David has details. Then, Bianca Facchinei explains why Wells Fargo has been forced to pay $4.1 million for illegal student loans. Afterwards, RT Correspondent Simone del Rosario reports on US lawmakers’ plan to hold a hearing over the wave of mergers in the agricultural sector.

After the break, Edward Harrison sits down with George Mason Economics Professor Lawrence White to get a sense of whether US monetary policy is playing a useful role. And in the Big Deal, Ameera and Edward Harrison discuss the Canadian and U.S. economies.