From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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And I'm Audie Cornish.
On Wall Street, many things are bought and sold, including, occasionally, interest rates. That happened today. The owner of the New York Stock Exchange bought LIBOR, a hugely influential benchmark rate that is set in London. LIBOR is used to set many other interest rates, from credit cards to derivatives contracts.
Senator Carl Levin, the Michigan Democrat and chairman of the Senate Armed Services Committee said last night that U.S. aide to Egypt should be suspended and Senator Levin joins us now. Welcome to the program once again.
In Washington on Capitol Hill, there are varying reactions to the events in Egypt. Congress was on vacation last week when Mohammed Morsi was ousted from power. Now, they're back and confronted with a big question about what happened in Cairo. Will they declare it a military coup? If they do, U.S. law would require all military aide to Egypt to be suspended. As NPR's David Welna reports, there's little consensus about whether that assistance should be cut off.