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Updated: 1 hour 52 min ago

Trump Treasury Nominee Defends Role In Foreclosure Crisis

Thu, 01/19/2017 - 3:27pm

Steven Mnuchin, Donald Trump's pick for treasury secretary, said the bank he ran did what it could to minimize foreclosures during the financial crisis. He also defended his use of offshore accounts for hedge fund clients, while acknowledging the need to close loopholes. Mnuchin also told lawmakers he thinks the Internal Revenue Service needs a bigger staff and better technology.

In U.S. Ethics Chief, An Unlikely Gadfly To Trump

Thu, 01/19/2017 - 3:27pm

Next week, leaders of the House Oversight Committee are expected to meet with the director of the Office of Government Ethics, who has been under fire for admonishing Trump to divest his businesses.

(Image credit: U.S. Office of Government Ethics)

Western Union Will Pay $586 Million For Aiding In Wire Fraud, Other Violations

Thu, 01/19/2017 - 2:12pm

The global money service company admitted it had acted criminally by "willfully failing to maintain an effective anti-money laundering program" and assisting people committing wire fraud.

(Image credit: Mark Lennihan/AP)

A Roundup Of The Controversies Over Rep. Tom Price's Investments

Thu, 01/19/2017 - 1:58pm

The nominee to lead the Department of Health and Human Services traded in health care stocks while pressing legislation that may have helped the companies he invested in.

(Image credit: Alex Wong/Getty Images)

Athlete-Turned-Trucker Works To Improve Truckers' Health

Thu, 01/19/2017 - 11:08am

Once an elite swimmer and a Yale grad, Siphiwe Baleka now coaches 3,000 fellow truckers on the best ways to work out, eat right and stay connected on the road. Drivers say his wellness plan works.

(Image credit: Alex Smith)

Trump Treasury Nominee Defends Profiting From Foreclosure Crisis

Thu, 01/19/2017 - 10:29am

Steven Mnuchin, who took over a bank that failed because of bad home loans, argued before the Senate Finance Committee that his actions saved thousands of jobs.

(Image credit: Jim Watson/AFP/Getty Images)

Why America Is Growing The Most Sweet Potatoes Since WWII

Thu, 01/19/2017 - 6:00am

These sugary spuds are cheap and easy to grow, but the rise of postwar industrialization and processed foods made them less popular. Now, fad diets and trendy restaurants have sparked a renaissance.

(Image credit: U.S. Department Of Agriculture)

Trump's Labor Secretary Nominee Faces Critics On Both Sides Of The Aisle

Thu, 01/19/2017 - 4:08am

Andrew Puzder, CEO of the Carl's Jr. and Hardee's franchises, has been outspoken about labor policies. He now faces critics from the left and right in his bid to become the next labor secretary.

Mnuchin Likely To Face Questions Over Role In Foreclosures

Thu, 01/19/2017 - 4:08am

Treasury secretary pick Steve Mnuchin is expected to face hard questions at his confirmation hearing. During the financial crisis, Mnuchin led a bank that foreclosed on thousands of homeowners.

How Large Employer Health Plans Could Be Affected By Obamacare Overhaul

Thu, 01/19/2017 - 4:00am

With the future of the Affordable Care Act on the line, health insurance benefits for workers at large companies hang in the balance.

(Image credit: Hero Images/Getty Images)

Trump's Washington Hotel Draws Protesters — And Ethics Concerns

Thu, 01/19/2017 - 3:53am

When Trump becomes president, he may violate the lease on his Washington, D.C., hotel. A government agency owns the building, and the contract specifies no elected U.S. official may hold the lease.

(Image credit: Alex Brandon/AP)

Boeing To Start Trump Era With New Wave Of Downsizing

Thu, 01/19/2017 - 3:52am

Aviation giant Boeing, a corporate sponsor of the inauguration and one of the country's largest exporters, is planning new buyouts and layoffs on top of nearly 11,000 job cuts last year.

(Image credit: Ed Turner/Courtesy of Future of Flight Center/Boeing)

Samsung Head Avoids Arrest On Bribery Charge, But He's Not In The Clear

Thu, 01/19/2017 - 2:25am

Judges in Seoul said early Thursday there was insufficient cause to arrest the head of South Korea's most powerful conglomerate. But he's not exonerated.

(Image credit: Chung Sung-Jun/Getty Images)

Episode 748: Undoing Obama

Wed, 01/18/2017 - 7:07pm

Congress writes laws, but the president makes the rules that put the laws in action. President Obama's staff has been scrambling to lock in rules before Trump takes the helm. But will they stick?

(Image credit: Alex Wong/Getty Images)

Organic Chickens Get More Room To Roam

Wed, 01/18/2017 - 6:20pm

New rules for organic farming will require farmers to give chickens more pasture. Some of the biggest organic egg producers will have to change their practices, or stop calling their eggs organic.

(Image credit: Charlie Neibergall/AP)

'Always Home': Martial Arts Teacher Helps Rebuild Pride In Oklahoma Town

Wed, 01/18/2017 - 4:40pm

Brownie Harjo runs a martial arts studio in the oldest building in Holdenville, Okla. Though the small town has seen better days, Harjo believes Holdenville still has potential.

(Image credit: Allison Herrera)

Unclear Role Of Trump's Special Advisers Has Some Concerned

Wed, 01/18/2017 - 4:40pm

President-elect Donald Trump has named some well known figures as special advisers. But it's still unclear as to what that title might mean and what extent of power these positions might hold.

(Image credit: Drew Angerer/Getty Images)

China's First Freight Train To The U.K. Rolls Into London

Wed, 01/18/2017 - 4:16pm

The train, which traveled nearly 7,500 miles, marks a milestone in China's intended revival of the centuries-old Silk Road trade routes linking East and West.

(Image credit: Dan Kitwood/Getty Images)

Wilbur Ross' Confirmation Hearing Highlights Divide Among GOP On Trade

Wed, 01/18/2017 - 3:32pm

The confirmation hearing of Commerce Secretary nominee Wilbur Ross highlighted divisions within the Republican Party over trade. Ross signaled that the incoming Trump administration will be much more aggressive in responding to trade violations by other countries. Several Republican Senators told Ross they were concerned that punitive tariffs and confrontations with trading partners could damage the economy.

Trump's Picks For Special Advisers Present Potential Ethical Issues

Wed, 01/18/2017 - 3:32pm

President-elect Trump has named two businessmen as special advisers: Wall Street legend Carl Icahn and former New York City Mayor Rudy Giuliani. Icahn will advise the White House on regulatory reform and Giuliani on cybersecurity. But Icahn makes billions through Wall Street trading, and Giuliani makes millions from his security consulting firm, which presents some potential ethical issues.




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