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A federal judge has ordered Bank of America to pay a $1.27 billion fine for fraud perpetrated by Countrywide Financial Corp., a mortgage company the bank acquired in 2008.

Last October, a jury held Bank of America liable for bad loans Countrywide sold to Fannie Mae and Freddie Mac as part of its "Hustle" mortgage-lending program as the housing market soured in 2007 and 2008.

The House passed a resolution this evening authorizing Speaker John Boehner's lawsuit against President Obama. The 225-201 vote fell nearly along party lines, with five Republicans joining Democrats to vote "no."

The suit accuses Obama of exceeding his constitutional authority in his implementation of the Affordable Care Act. But as a campaign tactic, the prospect of a lawsuit appears to be a Democratic bonanza.

At a campaign-style speech earlier today in Kansas City, Mo., President Obama went after House Republicans for choosing politics over policy.

Talks aimed at resolving Argentina's debt crisis have broken down in New York. A court-appointed mediator has declared that the country will go into default. It is the second time the country has defaulted in about 12 years.

With a midnight deadline looming, the government and its creditors walked away without a deal late Wednesday.

Argentina has been waging a protracted legal battle with a small number of bondholders. They want to be paid in full for bonds they purchased years ago.

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ARI SHAPIRO, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Ari Shapiro, sitting in this week.

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Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Eighteen-year-old Anna went off to Hobart and William Smith Colleges in upstate New York last year, where she says she was raped several weeks into her freshman year.

A medical examiner's report found blunt-force trauma, possibly from multiple men, and found she had high alcohol levels. A witness described seeing her in the back of a dance hall being raped by a football player while others watched or took photos.

Though wildfires this summer have burned hundreds of homes and scorched thousands of square miles of land in Washington, Oregon and California, officials say that so far, this wildfire season could be worse.

But the cost of fighting those fires has skyrocketed, and the Obama administration and some in Congress say it's time to rethink how those dollars are spent.

In places like central Washington, watching the evening news has recently not been for the faint of heart, with daily broadcasts chronicling evacuations of local towns with the approach of "firestorms."

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AUDIE CORNISH, HOST:

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

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From his vintage hat to his enormous 1920s banjo, Dom Flemons looks like he's time-traveled from a different era.

Can Pinterest Compete With Google's Search?

Jul 30, 2014

The Pinterest interface is simple: Just click a button, and any Web page gets broken down into its constituent images. Any of those can be added to your own set of images, known on Pinterest as a board. Other people can find those boards and copy what they like — or simply search through all the photos on the site.

DJ Paul Ray, host of the rhythm and blues show “Twine Time” on KUTX in Austin, joins Here & Now’s Jeremy Hobson for the latest installment of DJ Sessions. He shares a number of songs with original versions that may not be the ones we remember.

He shares famous covers that people may not know are covers, like Elvis’s “Hound Dog,” Peggy Lee’s “Fever” and Chubby Checker’s “The Twist.”

With political, military, economic and religious strife proliferating globally, children are increasingly turning up in the headlines.

And while kids have always suffered during the turmoils of war and crisis, there’s a sense internationally that the burden of instability is being increasingly borne by children.

Argentina Scrambles To Avoid Default

Jul 30, 2014

An American judge has ordered Argentina to make debt payments of $1.5 billion to American creditors. But time is running out.

If Argentina doesn’t pay the U.S. hedge funds by midnight, it will default on its bond payments for the second time in 13 years. The last default, in 2001, led Argentinians to protest the declining economic conditions in their country.

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