Standard Chartered Settles with NY For $340 Million

Standard Chartered Plc, having settled a New York money laundering probe for $340 million the day before it was to defend its right to operate in the state, still faces federal inquiries over claims it helped sanctioned nations including Iran illegally funnel money through the U.S.

AEI's Rubin Says Trump Throws Away Rules on Budget
59:27 - In today's "Morning Must Read," Bloomberg’s Tom Keene and Francine Lacqua highlight comments on President Donald Trump's 2018 budget. They speak with Michael Rubin, resident scholar at AEI, on "Bloomberg Surveillance." (Source: Bloomberg)
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