Data extracted from leaked documents show that some of the world's biggest banks processed hundreds of millions of dollars allegedly from a vast Russian money-laundering scheme.
Congress may or may not vote to repeal Obamacare and replace it with a new health care plan. But the Trump administration needs to address Obamacare's troubles to keep insurers in the market for 2018.
With the congressional fight over the American Health Care Act dominating the news cycle Friday, the White House spent the morning rolling out a series of unrelated policy and jobs announcements in an apparent attempt to distance itself from the bill.
President Trump hailed the State Department's approval of Keystone XL as a "great day for American jobs," but the controversial pipeline is only expected to create 35 permanent jobs once it's operational.
Treasury Secretary Steven Mnuchin remains publicly confident that tax reform will happen this year, if not by August as he originally predicted then definitely by the fall, he said Friday.
There's more to the market than what's going on with the President and Congress. The Federal Reserve is arguably more important to Wall Street (and the economy) than politicians. And the world is a bigger place than America as well.