WESM

Chris Arnold

Sheila Ambert lies awake at night wondering if her family is about to get tossed out on the street.

"As a mother, you feel like you failed your kids," Ambert says. "You don't want them having to go through that or even knowing about it, which they do."

Consumer watchdog groups are applauding President Biden's pick of Gary Gensler to run the Securities and Exchange Commission. They say that there is much to do to protect everyday Americans who invest their retirement or other savings in the market and that Gensler has proved he can get that done.

But progressives were a lot more skeptical about Gensler back in 2009 when he was first chosen to be a top financial regulator. That's because, in some ways, Gensler is the ultimate Wall Street insider.

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ARI SHAPIRO, HOST:

Eager to get out of the house and enjoy the outdoors, more people than ever are hitting the slopes on skis and snowboards.

"Oh, yeah. I mean, we sold probably a thousand more season passes this year than we ever had," says John DeVivo, the General Manager of Cannon Mountain in New Hampshire. "We were up about 20% in pass sales."

The Trump administration is trying to push through a last-minute rule that could force banks to offer loans to gun-makers and oil exploration companies or to finance high-cost payday lenders.

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