POLITICS: Yesterday was the second day of the Senate impeachment trial. We’ll sum it up: Dems got the floor again. And reminded everyone why they were there in the first place by rehashing Prez Trump’s phone conversation with Ukraine’s prez, Volodymyr Zelensky, and detailing how he withheld hundreds of millions of dollars in aid to Ukraine in the days surrounding the call. Stay tuned. In other news, the Trump team is cutting back on federal protections for streams and wetlands. Meaning farmers, landowners, and developers will now be able to dump chemicals and pesticides into more bodies of water. And speaking of changes, the State Dept is intro’ing a rule that lets them deny visas to pregnant women. Because, birth tourism.
WORLD: The situation with the Wuhan coronavirus keeps getting worse. At least 26 people have died so far from the virus, with 830 confirmed cases. And recently, China extended its travel restrictions to include 12 cities near Wuhan (where the virus originated). We’ll repeat: 35 million people - nearly the population of California - are now under travel limits. This comes as a second person in the US may be infected. Meanwhile, hundreds of thousands of people are taking to the streets in Iraq to protest the US’s military presence there. Quick refresher: in the aftermath of Qasem Soleimani’s killing, Iraq voted to kick all US troops out of the country - which still hasn’t happened. Tension, high.
MONEY: Back in 2016, it came out that Wells Fargo employees were secretly creating millions of unauthorized bank and credit card accounts - letting the biz collect extra fees and make more money. Fast forward to yesterday, and it looks like Wells Fargo’s ex-chief exec will be forced to cough up $17.5 million over the scandal. Big deal, since biz leaders rarely pay the price for company scandals. In other news, New York’s on track to ban cashless stores and restaurants. The gov says stores that don’t accept cash make it harder for homeless people, undocumented immigrants, and senior citizens. And speaking of which, from now on, Goldman Sachs won’t take a biz public if it doesn’t have at least one woman (or diverse person) on the board.