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Weekly Roundup: Menendez Gets 11 Years, Trump Nominee Defends Tether Links, and More

Former Sen. Bob Menendez (D-NJ) was sentenced to 11 years in prison after being convicted of taking cash, a Mercedes Benz and gold bars as bribes from Egyptian officials and businessmen, CNN reported. More In a congressional hearing, Howard Lutnick, President Donald Trump's pick to run the Commerce Department, defended his links to Tether, a U.S. dollar-pegged stablecoin that has come under fire for widespread illicit use, DL news reported. More The powerful U.S. banking lobby has thrown its support behind a single-branch lender in rural Kansas in a lawsuit that could upend how federal regulators penalize financial institutions for...

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