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JPMorgan Chase Agrees To Pay $264 Million In Chinese Bribery Scheme

JPMorgan Chase and its Hong Kong affiliate have agreed to pay fines totaling $264 million for their role in a scheme to win lucrative contracts in China. The bank acknowledged running a program in which it hired relatives of influential Chinese officials in exchange for certain business contracts. A Justice Department official said the scheme amounted to bribery.

Democrats Struggle To Agree On Path Forward After Trump Victory

Still reeling from a disappointing election, congressional Democrats are trying to figure out a path forward. But there's disagreement about what that path looks like. House Democrats postponed their leadership elections amid discontent about the direction of their caucus. Meanwhile, Senate Democrats are roiling about how best to connect with working class voters.