From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
AUDIE CORNISH, HOST:
And I'm Audie Cornish.
Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Regulators say the requirements will reduce the risk of bank failures during bad economic times.
Depending on whom you talk to, either no one could have predicted the massive mudslide in Oso, Wash., last month — or it was a disaster just waiting to happen. But if homeowners in the slide's path are typical of most people in this part of the country, they were not insured against this kind of event — and are unlikely to see an insurance payout.
That's because standard homeowner's insurance doesn't cover mudslides. And the insurance is not only expensive, it's also difficult to purchase.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
Two undefeated teams go head-to-head tonight in the women's NCAA championship game. The University of Connecticut has 39 wins, no losses. Notre Dame is 37 and 0. It's the first time two unbeaten college basketball teams will meet in the title game, men's or women's. And it promises to be an epic matchup between old rivals - with a hefty dose of smack talk leading up to it.
Reverend Al Sharpton has admitted to working with the FBI and recording conversations with alleged mobsters. The website The Smoking Gun published documents detailing Sharpton's involvement, saying he's the guy referred to in the document as Confidential Informant 7. This was back in the 1980s during some of the bureau's biggest mafia investigations.
As NPR's Joe Rose reports, Sharpton denies any wrongdoing.