Apr 10, 2017

Barclays CEO investigated for trying to unmask whistleblower

Kirsty Wigglesworth / AP

British authorities have launched an investigation into Barclays Bank and CEO Jes Staley for his attempts to identify the author of a whistleblower letter the board received in 2016.

Staley took over in 2015 with a pledge to overhaul the culture at Barclays, which had been rumbling through a series of public relations troubles, including its $450 million payout in 2012 over allegations it had tried manipulating the benchmark rate, Libor.

Why it matters: Timing. The UK's Serious Fraud Office is about to decide whether it will prosecute the bank and former executives for a loan it gave to Qatar.

The outcome: Staley's getting his pay docked once the investigation is over, but the Board has "unanimous confidence" in him and plans to reappoint him to his role this May.

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Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Exclusive: Trump's "Deep State" hit list

Illustration: Aïda Amer/Axios. Photos: WPA Pool/Getty Pool, Drew Angerer/Getty Staff

The Trump White House and its allies, over the past 18 months, assembled detailed lists of disloyal government officials to oust — and trusted pro-Trump people to replace them — according to more than a dozen sources familiar with the effort who spoke to Axios.

Driving the news: By the time President Trump instructed his 29-year-old former body man and new head of presidential personnel to rid his government of anti-Trump officials, he'd gathered reams of material to support his suspicions.

Exclusive: Anti-Sanders campaign targets black South Carolina voters

Courtesy of The Big Tent Project

The Big Tent Project, a Democratic political group focused on promoting moderate presidential candidates, has sent hundreds of thousands of mailers bashing Bernie Sanders to black voters in South Carolina who voted in the state's 2016 primary.

Why it matters: Sanders' rise to the top of the pack, as dueling moderate candidates split their side of the vote, is worrying many in the Democratic political establishment who fear a socialist can't beat President Trump.