Big in Business: Tillerson
1) Exxon CEO Rex Tillerson's confirmation hearing begins today
With no government experience, Tillerson will qualify for the State Department based on his business record, which isn't without blemishes. Since Tillerson took the helm at Exxon in 2006, its stock has lagged behind the market as well as rival Chevron, and Tillerson has admitted to failing to predict or capitalize on the shale revolution.
2) Jack Lew urges Trump Administration to adopt more nuanced trade policy stance on China
Despite Trump's accusations of currency manipulation, China has actually been working overtime to support the value of the yuan. With so many important bilateral trade issues to negotiate, Trump should not squander time and good will with false accusations, Lew argued in an interview with the Wall Street Journal.