The president notes in his financial report released Wednesday that he "fully reimbursed" personal attorney Michael Cohen as much as $250,000 for unspecified expenses.
Jay Clayton represented big banks and corporations as a law partner at Sullivan & Cromwell. At the Securities and Exchange Commission, he will be expected to police such companies.
Whatever the differences between the two nominees, either will function as an emissary of the powerful who control America. That’s the conflict of interest we all should be talking about.
Gold has drawn glowing praise in the last six years or so, since the onset of the recent recession -- and now, according to a duo of researchers, it ought to be the subject of a different kind of attention that calls into question the way its price is set.
An alliance led by former Mexican President Felipe Calderon made a business case for the curbing of global warming to leaders at the World Economic Forum in Davos, Switzerland, this week, saying an unprecedented $14 trillion overhaul would be needed to ensure long-term growth that didn’t wreck the environment.
Saturday is the day 80,000 people have pledged to punish "too big to fail" banks by moving their money to credit unions and local community institutions. How does it work? Will banks feel the hurt? How can it be done quickly and conveniently? Josh Harkinson at Mother Jones answers these questions and more.
The Federal Housing Finance Agency is set to file lawsuits against more than a dozen big banks for allegedly misrepresenting the quality of mortgage securities they were assembling and peddling at the height of the housing bubble. (more)