Financier and Hollywood producer Steven Mnuchin has been named Secretary of the Treasury, which is one of the most powerful and important positions in the federal government.
1. High hopes for OPEC: Oil prices are surging by roughly 8% based on rising expectations that some of the world's biggest oil producers will agree to cut output during an OPEC meeting Wednesday in Vienna.
Children as young as eight are working at plantations that supply palm oil to some of the world's biggest brands, according to a new report by Amnesty International.
Steven Mnuchin, who President-elect Trump is likely to name Wednesday as his Treasury secretary, can expect to be grilled on Capitol Hill about his days as a mortgage banker.