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Treasury Secretary Steve Mnuchin testifies at a House Appropriations subcommittee hearing on the budget, on Capitol Hill, Monday, June 12, 2017, in Washington. (AP Photo/Alex Brandon)
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FILE - This Monday, May 16, 2016, file photo shows a smartphone displaying the Lyft app, in Detroit. The next Lyft car you book may soon be a Jaguar or a Land Rover. The British company behind the two iconic car brands announced Monday, June 12, 2017, that it was investing $25 million into Lyft to help the ride-hailing business expand and develop technologies. Jaguar Land Rover also agreed to supply a fleet of vehicles. (AP Photo/Paul Sancya, File)
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This Tuesday, Jan. 17, 2017, file photo shows General Electric lightbulbs on display at a store, in Wilmington, Mass. (AP Photo/Elise Amendola, File)
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This Wednesday, May 10, 2017, photo, shows the NBC logo at their television studios at Rockefeller Center in New York. General Electric announced Monday, June 12, 2017, that Jeff Immelt is stepping down after 16 years as CEO of the iconic conglomerate. Immelt took the helm in 2001 from legendary CEO Jack Welsh. After the financial crisis, he sharply pared down the financial services business that Welsh had built up and went on a spending spree to acquire businesses in the power and oil and gas sectors. During his tenure Immelt also disposed of GE’s appliance unit and the NBC television business. (AP Photo/Mary Altaffer)
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FILE - In this Tuesday April 8, 2008, file photo, salesman Hank Pham puts the price on a General Electric microwave oven in the appliances section of Howard's Appliance and Big-Screen Superstore in San Gabriel, Calif. General Electric announced Monday, June 12, 2017, that Jeff Immelt is stepping down after 16 years as CEO of the iconic conglomerate. Immelt took the helm in 2001 from legendary CEO Jack Welsh. After the financial crisis, he sharply pared down the financial services business that Welsh had built up and went on a spending spree to acquire businesses in the power and oil and gas sectors. During his tenure Immelt also disposed of GE’s appliance unit and the NBC television business. (AP Photo/Kevork Djansezian, File)
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FILE - This undated file photo shows Thomas Edison's incandescent lamp, the first practical light bulb, which was developed in 1879. Edison used carbonized bamboo for the filament. General Electric’s Jeff Immelt is stepping down after 16 years as CEO of the iconic conglomerate, having succeeded in repositioning the company as a producer of large industrial products but failing to fully revive its lagging stock price. John Flannery, president and CEO of the GE’s health care unit, will take over as CEO in August, the company said Monday, June 12, 2017. GE traces its roots to 1878, when Edison formed the Edison Electric Light Co. in New York City after having opened his famous laboratory in Menlo Park, N.J. The next year, Edison invented the first successful incandescent electric lamp. (AP Photo/File)
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FILE - In this 1928 file photo, Thomas A. Edison presses the button in West Orange, N.J., which turns on street lights in Seattle. General Electric’s Jeff Immelt is stepping down after 16 years as CEO of the iconic conglomerate, having succeeded in repositioning the company as a producer of large industrial products but failing to fully revive its lagging stock price. John Flannery, president and CEO of the GE’s health care unit, will take over as CEO in August, the company said Monday, June 12, 2017. GE traces its roots to 1878, when inventor Thomas Edison formed the Edison Electric Light Co. in New York City after having opened his famous laboratory in Menlo Park, N.J. The next year, Edison invented the first successful incandescent electric lamp. (AP Photo/File)
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FILE - In this Monday, April 4, 2016, file photo, General Electric CEO Jeff Immelt speaks during a news conference in Boston, held to unveil more details about GE's move to the city, pledging to spend $50 million on a series of initiatives in Boston. General Electric announced Monday, June 12, 2017, that Immelt is stepping down after 16 years as CEO of the iconic conglomerate. Immelt took the helm in 2001 from legendary CEO Jack Welsh. John Flannery, president and CEO of the GE’s health care unit, will take over as CEO in August 2017. (AP Photo/Steven Senne, File)
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Members of the House Appropriations Committee listen to testimony about the state operating budget as lawmakers meet in a special session to craft next year's spending plan, on Monday, June 12, 2017, in Baton Rouge, La. (AP Photo/Melinda Deslatte)
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Rep. Patricia Smith, D-Baton Rouge, asks questions about the state operating budget as lawmakers meet in a special session to craft next year's spending plan, on Monday, June 12, 2017, in Baton Rouge, La. (AP Photo/Melinda Deslatte)
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Steve Chealander, a Military Aide to President Ronald Reagan, shares his remembrances of the historic "Tear down this wall" day--June 12, 1987.
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Carson Yeung is a Hong Kong businessman who was the president of English football club Birmingham City F.C., and chairman and an executive director of Birmingham International Holdings, an investment, entertainment and sportswear firm registered in the Cayman Islands, which owns that club. He is also a director of Universal Energy Resources Holdings and Universal Management Consultancy Ltd. In March 2014, Yeung was convicted on five counts of money laundering and sentenced to six years' imprisonment. He is currently serving his sentence after the Hong Kong Court of Final Appeal rejected his final appeal
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Fred Wilpon is the majority owner of the New York Mets. Wilpon was one of the investors who invested a significant amount of money with Bernard Madoff which was lost when the Ponzi scheme collapsed in December 2008. It was reported that Wilpon had "lost" about $700 million because of Madoff, which has led to speculation that he may be forced to sell the team. Reports later surfaced that Wilpon and his family actually made about $300 million with Madoff and had not lost money as previously reported. Wilpon was named in a lawsuit filed by Irving Picard on behalf of the victims of Madoff's investment scandal. Wilpon and his partner and brother-in-law Saul Katz were involved in another Ponzi scheme which was orchestrated by Samuel Israel III and they were forced to pay $13 million to investors when Israel's hedge fund collapsed. It was revealed that Wilpon utilized Madoff in running the Mets' finances. It became a common practice to negotiate deferred money into players' contracts and then put that money with Madoff to invest because they were able to make money for themselves before paying players. The lawsuit also contends that Madoff funds were used to cover team expenses such as payroll and its minor league club in Brooklyn, as well as financing the creation of the cable network SportsNet New York and Citi Field
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John James Rigas is one of the founders of Adelphia Communications Corporation, which at its peak was one of the largest cable TV companies in the United States. He was also the majority owner of the Buffalo Sabres franchise of the National Hockey League. In 2005, he was convicted on multiple charges of fraud and sentenced to 15 years in prison
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The lower stream of income to the U.S. Treasury is one reason administration officials say the government will run out of room under the federal debt ceiling earlier than expected. (Associated Press/File)
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FILE - In this June 2, 2017 file photo, Russian President Vladimir Putin gestures as he speaks at the St. Petersburg International Economic Forum in St. Petersburg, Russia. In a series of interviews with American film director Oliver Stone being shown on U.S. television on Monday, June 12, 2017, Putin said that he inquired about Russia joining NATO when then U.S. President Bill Clinton visited Moscow in 2000. (AP Photo/Dmitry Lovetsky, File)
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Nassau County Executive Edward Mangano, left, Suffolk County Executive Steven Bellone, center, and Long Island Association President and Chief Executive Officer Kevin Law, attend a news conference at Metropolitan Transportation Authority headquarters, in New York, Monday, June 12, 2017. The Metropolitan Authority Transportation said it needs to cut service by about 20 percent into and out of Penn Station starting next month. New Jersey Transit and Amtrak customers also will be affected by service changes. (AP Photo/Richard Drew)
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MTA Interim Executive Director Veronique Hakim speaks during a news conference at Metropolitan Transportation Authority headquarters, in New York, Monday, June 12, 2017. The Metropolitan Authority Transportation said it needs to cut service by about 20 percent into and out of Penn Station starting next month. New Jersey Transit and Amtrak customers also will be affected by service changes. (AP Photo/Richard Drew)
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Penn Station Task Force member Joseph Lhota, left, MTA Interim Executive Director Veronique Hakim, center, and MTA Acting Chair Fernando Ferrer participate in a news conference at Metropolitan Transportation Authority headquarters, in New York, Monday, June 12, 2017. The Metropolitan Authority Transportation said it needs to cut service by about 20 percent into and out of Penn Station starting next month. New Jersey Transit and Amtrak customers also will be affected by service changes. (AP Photo/Richard Drew)
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Penn Station Task Force member Joseph Lhota, left, MTA Interim Executive Director Veronique Hakim, center, and MTA Acting Chair Fernando Ferrer participate in a news conference at Metropolitan Transportation Authority headquarters, in New York, Monday, June 12, 2017. The Metropolitan Authority Transportation said it needs to cut service by about 20 percent into and out of Penn Station starting next month. New Jersey Transit and Amtrak customers also will be affected by service changes. (AP Photo/Richard Drew)
