Republicans have called for the reinstatement of the Glass-Steagall Act in their party platform approved Monday, a last minute addition that's somewhat surprising, given the GOP is more typically associated with deregulation and the Depression-era banking regulation has been a significant part of Bernie Sanders’ campaign. It’s also in a draft of the Democratic party platform, which will be approved next week.

Glass-Steagall, part of the Bank Act of 1933, was drafted as a response to the stock market crash of 1929.

“It’s a return through rose-colored lenses to a simpler, happier time,” said Donald Lamson, counsel at the law firm Squire Patton Boggs. “It makes good politics. No politician ever lost votes running against a bank. Who loves their bank, really?”

But Lamson argued having different businesses and diverse revenue streams can actually be a good thing for the financial health of banks.

And it wouldn't have prevented the recent financial crisis, said Aaron Klein, a fellow at the Brookings Institution.

“Glass-Steagall is a simple rallying cry about a set of ideas and values,” he said. “When you actually look at the prescriptive policies contained in Glass-Steagall, they don’t really make sense in a modern era.”

Former President Bill Clinton did something Tuesday night that no other speakers at the Democratic convention have been able to do convincingly. Though the speech may have appeared to be addressed to Sanders voters and other progressives, he framed his arguments in a way subtly designed to appeal to the working-class whites who are Donald Trump’s core voters. If Hillary Clinton wants to come out of the convention with a convincing lead, she should take heed of how he did it.

"There are clear, achievable, affordable responses to our challenges. But we won't get to them if America makes the wrong choice in this election. That's why you should elect her. And you should elect her because she'll never quit when the going gets tough. She'll never quit on you."

As someone who's argued that loyalty should be the key theme for the Clinton campaign, this brought a smile to my face. But it's worth noting as well that loyalty is also a cardinal virtue among Appalachian whites. Moreover, suspicions of disloyalty are precisely what have made Barack Obama uniquely unpalatable in this region. Bill Clinton is taking this tack not only because it's a good one for his wife, and because it connects her personal story to her qualities as a candidate in an effective way, but because it's a good way to speak to the voters she's having the most trouble with.

"She sent me in this primary to West Virginia where she knew we were going to lose, to look those coal miners in the eye and say I'm down here because Hillary sent me to tell you that if you really think you can get the economy back you had 50 years ago, have at it, vote for whoever you want to. But if she wins, she is coming back for you to take you along on the ride to America's future."

"And so I say to you, if you love this country, you're working hard, you're paying taxes and you're obeying the law and you'd like to become a citizen, you should choose immigration reform over somebody that wants to send you back.

"If you're a Muslim and you love America and freedom and you hate terror, stay here and help us win and make a future together. We want you.

"If you're a young African American disillusioned and afraid, we saw in Dallas how great our police officers can be, help us build a future where nobody is afraid to walk outside, including the people that wear blue to protect our future."

The most important word in this section is "if," and the application of that conditional is instructive. Clinton isn't saying to native-born American citizens that they should welcome immigrants. He's saying to undocumented immigrants that if they love America, then they should try to stay. He's not saying that Christian Americans should avoid prejudice against Muslims. He's saying to Muslim Americans that if they love America, then they should join the fight against America's enemies. He's not saying to white Americans that black lives matter. He's saying to African Americans that if they are afraid of police violence, then they should work to reduce violence generally, both by and against the police.

It's a vision of broad national unity across a multiracial and multicultural nation. But it is a vision that builds that unity on a core implicit identity of Americanness that must be chosen, even earned. Which, as it happens, is just how lots of white folks back in Bill Clinton's part of the country tend to view the matter.

House Democrats are rushing to the side of Rep. Debbie Wasserman Schultz (D-Fla.) in the wake of an email scandal that's disrupted the Democratic National Convention and exacerbated divisions between factions of the party.

The episode forced Wasserman Schultz to resign as head of the Democratic National Committee (DNC), effective Friday. But Democratic leaders say the six-term Floridian, long considered a rising star in the party, will weather the storm and continue her climb up the leadership ladder.

“She'll rebound from it,” Rep. Jim Clyburn (S.C.), the third-ranking House Democrat, told The Hill Thursday. “I'm going to do everything I can to help her rebound from it.”

Rep. Joe Crowley (N.Y.), vice chairman of the House Democratic Caucus, also offered his full support and confidence in her future.

“Debbie has so many friends who care about her, and she's gonna be just fine,” he said. “Debbie is a big person and she knows that this election is more important than any one of us — it's about helping elect Hillary Clinton."

Outside the headlines, something else has been happening since Sterling was shot: The Baton Rouge Police Department has substantially reduced enforcement of narcotics offenses. That may sound like a small change, but narcotics enforcement can be an important glimpse into how often officers are going out of their way to engage in police work. Police officers do both reactive work (responding to 911 calls, for example) and proactive work (such as traffic stops that lead to drug arrests). In a moment of heightened tension between the police and a city’s residents, the trends in proactive policing can tell us whether officers are engaging with residents more or less often than they once did.

And a reduction in proactive policing could have a broader effect on Baton Rouge as a whole. Higher levels of violence have followed a reduction in narcotics enforcement in some cities whose police departments have been involved in high-profile deaths or the protests that followed. Will the same thing occur in Baton Rouge?

Republican presidential nominee Donald Trump succeeds in his quest for the White House, news organizations may have to walk a fine line in order to retain access to the People’s House. On Friday morning’s edition of CNN’s New Day, anchor Chris Cuomo casually revealed that he and his show are just the latest news outlet to be “punished” by Trump for what he views as unfair coverage. In a discussion of how it is that Trump’s fans are able to look past his outrageous statements, Cuomo interjected this not-so-stunning fact:

One of the misconceptions is the media gives him a pass. That is not true. I’m blacklisted by Donald Trump and his whole campaign. They won’t come on because of how we conduct our interviews.

"Every other Wednesday I stop at Krispy Kreme and get a doughnut there, and they found little, four little, flakes of the icing," Rushing said. “They said, 'We found what we thought was crack cocaine in the beginning, but now we think it's methamphetamines.'"

Rushing told ABC News today that he had just dropped his friend off at chemotherapy when he was pulled over by the police. "They said, 'Would you mind if I search your car?' and I said, 'I don't have anything to hide.'"

The evidence was submitted to the Florida Department of Law Enforcement (FDLE) for further testing, Sgt. Wanda Miglio of the Orlando Police Department told ABC News today. The results for the FDLE test were negative, so no charges were ultimately filed against Rushing by the State Attorney's Office.

Miglio emphasized that the arrest itself was lawful, "meaning that based on the officer's experience, and the field drug test that came up positive, probable cause existed to make a lawful arrest."

Miglio also added that the "the substance was not in fact found to be krispy kreme flakes. FDLE testing just determined it wasn't a controlled substance."

When Hillary Clinton clinched the Democratic presidential nomination on Tuesday, making her the first woman presidential nominee of a major party in U.S. history, multiple major newspapers chose to run with a front-page photograph of former President Bill Clinton.

The Seattle Times was one of the newspapers that ran with a photograph of Bill's stump speech, and they, along with others, were accused of sexism on social media for the editorial decision.