Justin Fox, Columnist

Andrew Mellon's Conflicts, and Trump's

The president's family business entanglements might not turn out to be a big deal ... as long as his popularity doesn't sink any lower.

January 27, 2017 at 2:19 PM UTC

By Justin Fox

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

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On Jan. 6, 1932, a second-term congressman from East Texas stood up on the floor of the House of Representatives and made a shocking announcement.

“On my own responsibility,” Wright Patman said, “I impeach Andrew William Mellon, secretary of the Treasury of the United States, for high crimes and misdemeanors.”