Jun 29 U.S. blacklists Chinese bank, revving up pressure over North Korea By Matthew Pennington, Associated Press The Trump administration has blacklisted a small Chinese bank accused of illicit dealings with North Korea, escalating pressure to get Beijing to rein in its wayward ally. Continue reading
Dec 17 Trump's Cabinet selections signal a bold shift after Obama By Ken Thomas, Associated Press Trump's incoming Cabinet embodies a sharp turn from the outgoing Obama administration. Continue reading
Dec 16 Seeing chance to discredit Trump's populist appeal, Democrats eye confirmation fight over Treasury pick By Julie Bykowicz and Julie Pace, Associated Press Given the narrow GOP majority in the Senate, Steven Mnuchin is likely to be confirmed. But Democrats plan to rough him up along the way, grilling the former Goldman Sachs executive over his Wall Street ties and his stake in… Continue reading
Nov 30 Watch After populist campaign, Trump assembles economic team of elites By PBS News Hour President-elect Donald Trump’s proposed economic team suggests a preference for Wall Street veterans, in a reversal of his campaign promise to surround himself with establishment outsiders. Judy Woodruff speaks with David Wessel of The Brookings Institution about the “elite” appointments,… Continue watching
Nov 30 Watch 3:12 Wall Street veterans compose Trump's economic team By PBS News Hour President-elect Donald Trump announced two more Cabinet picks on Wednesday: Goldman Sachs veteran Steven Mnuchin for treasury secretary and billionaire investor Wilbur Ross for commerce secretary. He also chose a deputy for Ross: Chicago Cubs co-owner Todd Ricketts. On Twitter,… Continue watching
May 06 Obama stresses need for action on corporate tax evasion By Kathleen Hennessey, Associated Press President Barack laid out what's needed to support the U.S. economy after a federal government report revealed weak job gains. Continue reading
Apr 20 Watch How Harriet Tubman kicked Andrew Jackson off the front of your $20 bill By PBS News Hour For the first time in over 100 years, famous American women will appear on U.S. paper currency. Harriet Tubman will replace Andrew Jackson on the front of the $20 bill, a group of suffragists will be added to the $10… Continue watching
Apr 20 Harriet Tubman to join Jackson on $20 bill; suffragists added to $10 By Kristen Doerer Harriet Tubman, an African American abolitionist who led hundreds of slaves to freedom on the Underground Railroad, will have her portrait placed on the front of the $20 bill. Continue reading
Apr 14 Puerto Rico faces defaults as Congress stalls on way to help By Mary Clare Jalonick, Associated Press WASHINGTON — Puerto Rico is facing a deadline for a multimillion-dollar bond payment next month as House Republicans struggle to find a way to help the island deal with its $70 billion debt. Continue reading
Apr 07 Watch 6:08 Why the Obama administration is stepping up a corporate crackdown By PBS News Hour The Obama administration has taken steps to rein in big businesses this week: New rules issued by the Treasury Department regarding tax loopholes ended a $160 billion deal between Pfizer and Allergan. Meanwhile, the Justice Department has filed an antitrust… Continue watching