GOP rep: 'Senate is very, very corrupt'

Rep. Anna Paulina Luna (R-Fla.) called the Senate “very corrupt” amid the partial government shutdown and in light of some of the recent tensions between the chambers of Congress. “I also have respect for our president, and this is not directed at him. The Senate is very, very corrupt. Many of the senators we will…

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JPMorgan names Petno and Rohrbaugh co-presidents; Lake exits

JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors. Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since…

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TikTok tops the trade talk

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in…

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