Econ 101: July 19, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The risk of foreclosure for Americans over 50 is on the rise. [New York Times]
  • A fundraising trip for Mitt Romney next week “will take him to the heart of London’s scandal-ridden banking industry.” [Washington Post]
  • Regulators are examining at least four major banks as they investigate the LIBOR rate rigging scandal. [Financial Times]
  • Central bankers will hold talks in September to decide whether LIBOR schould be scrapped altogether. [Reuters]
  • California Gov. Jerry Brown (D) yesterday signed a landmark high-speed rail bill into law. [Reuters]
  • The Senate Finance Committee unanimously approved a bill yesterday extending normal trade relations with Russia. [The Hill]
  • Six more states, and the District of Columbia, have been granted waivers from certain requirements under the No Child Left Behind education law, bringing the total number of states with waivers to 33. [Education Week]