Serious Sanctions: U.S. authorities will seek more than $5 billion from BNP Paribas to settle a probe into alleged violations of U.S. sanctions, Bloomberg reports, citing a person with knowledge of the matter. The fine stems from the lender’s dealings with countries including Iran and Sudan.
The Establishment Strikes Back: Republican incumbents are learning how to win, Politico reports, writing that the “tea party insurrection is starting to look more like the Boston Massacre.” In three states Tuesday night, long-serving lawmakers rolled over tea party opponents.
