The settlement, which could be announced as soon as Friday, would be the most aggressive move by regulators during the Trump administration to punish a big bank. It is just the latest hit to Wells Fargo's efforts to rebuild its reputation after more than a year of scandals.
The former New York mayor, who joins a legal team that has struggled to recruit new members to its ranks, said he has been speaking with the president for weeks about joining the group of legal advisers.
The Justice Department inspector general, who found that former FBI deputy director Andrew McCabe repeatedly misled investigators who were examining a media disclosure, referred the matter to the top federal prosecutor in D.C.
It's not every day that a 10-day-old infant makes history, but that's what Maile Pearl Bowlsbey did when her mother, Sen. Tammy Duckworth, carried her onto the floor of the Senate on Thursday. The chamber recently changed its rules to allow children up to age 1 to accompany their parents to votes.
It is not yet apparent how the new policies, which include provisions to loosen restrictions on the export of drones, will be implemented, but the U.S. government plans to stress how they will benefit the defense industry.
A California city denied a marijuana permit for the legendary pot-judging contest known as the Cannabis Cup, despite its director’s desperate efforts to comply with a confusing suite of regulations that accompanied pot’s legalization.