Jul 25, 2018

GOP lawmakers introduce articles of impeachment for Rod Rosenstein

Mark Meadows. Photo: Alex Wong/Getty Images

Congressmen Mark Meadows, Jim Jordan and nine other Republican House members introduced articles of impeachment against Deputy Attorney General Rod Rosenstein on Wednesday after a meeting with Justice Department officials.

The backdrop: Meadows and other GOP lawmakers had been debating introducing impeachment documents for Rosenstein for weeks and almost did earlier this month after the deputy attorney general announced indictments of 12 Russian military officers for their interference in the 2016 presidential election.

Be smart: This is likely a warning to Rosenstein and not a "privileged resolution," notes Josh Bresnahan of Politico. House members will not be required to vote on the matter.

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Situational awareness

Photo: Brett Carlsen/Getty Images

Catch up on today's biggest news:

  1. Mike Bloomberg offers to release women from 3 NDAs
  2. Wells Fargo to pay $3 billion to settle consumer abuse charges
  3. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  4. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  5. Nearly half of Republicans support pardoning Roger Stone

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Bloomberg offers to release women from 3 nondisclosure agreements

Mike Bloomberg. Photo: Brett Carlsen/Getty Images

Mike Bloomberg said Friday his company will release women identified to have signed three nondisclosure agreements so they can publicly discuss their allegations against him if they wish.

Why it matters, via Axios' Margaret Talev: Bloomberg’s shift in policy toward NDAs comes as he tries to stanch his loss of female support after the Las Vegas debate. It is an effort to separate the total number of harassment and culture complaints at the large company from those directed at him personally. That could reframe the criticism against him, but also protect the company from legal fallout if all past NDAs were placed in jeopardy.