We'd like to talk now about new research on the wealth gap between white and black families in the U.S. According to a federal survey, the median black family has five cents for every dollar of wealth owned by their white counterparts. Now, that gap is obviously very large, but it is also growing. We wanted to talk more about this, so we've called Washington Post reporter Michael Fletcher, who wrote about this recently. And he's with us from The Washington Post's studios.
Calling them "three outstanding individuals" who will help him tackle some tough problems, President Obama on Monday morning nominated:
-- Gina McCarthy, currently an assistant administrator at the Environmental Protection Agency, to lead that agency. She would succeed the departed Lisa Jackson.
-- Ernest Moniz to be the next secretary of energy, replacing Steven Chu, who like Jackson decided not to stay for Obama's second term. Moniz is director of MIT's Energy Initiative and is a former undersecretary at the department.