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.
- Treasury Secretary Tim Geithner said yesterday that the administration is “absolutely” willing to allow the so-called fiscal cliff to occur if tax rates are not raised on the wealthy. [The Hill]
- The Eurozone fell into its second recession in four years. [Bloomberg]
- The Senate appears likely to approve a bill expanding trade relations with Russia. [Reuters]
- Senate supporters of an online sales tax are vowing to push ahead with their attempt to implement the measure. [The Hill]
- The British bank Standard Chartered will pay $330 million to settle claims with the U.S. that it laundered money for Iran. [New York Times]
- U.S. regulators charged a Wells Fargo banker and nine others for allegedly making $11 million via insider trading. [Reuters]
- Victims of Hurricane Sandy say major banks are dismissing their pleas for mortgage help. [Huffington Post]
- Education Secretary Arne Duncan has begun to sketch out his agenda for the next four years. [Education Week]
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