Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- President Obama and UK Prime Minister David Cameron yesterday discussed the possibility of tapping emergency oil reserves as a response to rising gas prices. [Reuters]
- Goldman Sachs saw nearly $2.2 billion of its market value disappear after an employee publicly resigned due to the bank’s “toxic” culture. [Bloomberg]
- The Senate yesterday finally approved a two year, $109 billion transportation funding bill by a 74-22 vote. [Washington Post]
- Some of the nation’s biggest banks are using the Federal Reserve’s latest stress tests as justification to dole out billions in dividends. [New York Times]
- The free trade deal between the U.S. and South Korea officially goes into effect today. [The Hill]
- The Obama administration and members of both parties are looking at changing the tax treatment of debt. [Businessweek]
- Chinese Premier Wen Jiabao suggested yesterday that China may not let the yuan rise in value any more against the dollar. [The Hill]
- Lawmakers are increasing pressure on the Securities and Exchange Commission to implement CEO pay rules that are in the Dodd-Frank financial reform law. [Huffington Post]
Previous in TP Economy
By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.