Wilbur Ross is likely to face tough questions during his Senate confirmation hearing about the muscular trade agenda President-elect Donald Trump hopes will resurrect U.S. manufacturing.
The Department of Justice on Tuesday cemented a $7.2 billion settlement with the Deutsche Bank for selling toxic mortgage-backed securities in the years before the market meltdown of 2008.
Wilbur Ross, Donald Trump's pick to be Commerce Secretary, criticized in 2007, politicians, who, he said, mindlessly bashed China in order to pander to voters.
Senator Elizabeth Warren warned the incoming Trump administration that she and other Democrats would fight a move to fire the head of the Consumer Financial Protection Bureau, which she helped create.
Tom Price, Donald Trump's choice as Secretary of the Department of Health and Human Services, already has a plan to replace Obamacare. But he may not want to discuss it at his confirmation hearing on Wednesday.