Business_Finance

AP930817029

President Clinton and first lady Hillary Rodham Clinton rest on a hammock near the shore of Beaver Lake near Springdale, Ark., on Tuesday, Aug. 17, 1993. The first family is spending a few days in northwest Arkansas before returning to Washington and more vacation time in Martha's Vineyard, Mass. (AP Photo/Mike Stewart)

AP6109300134

President John F. Kennedy, (center dark glasses) relaxes aboard the presidential yacht Honey Fitz cruising off in Newport, Rhode Island, Sept. 30, 1961. Others aboard are; daughter Caroline, left, guests Charles Bartlett and Bill Walton, center, pointing; first lady Jacqueline Kennedy and her nephew Ivan Steers, (back to) and the skipper of the ship, Lt. Commander Walter Slye. The Kennedys are spending a week’s vacation here. (AP Photo)

8_212014_bank-of-america-settleme-108201.jpg

Attorney General Eric H. Holder Jr. announces a $16.65 billion settlement with Bank of America over the sale of toxic mortgage-backed securities. (Associated Press)

edwards.jpg

Former Louisiana Gov. Edwin Edwards was released from prison in 2011 after serving eight years for a felony racketeering conviction arising from the licensing of riverboat casinos in his fourth term. (Associated Press)

Fed Minutes.JPEG-0bd68.jpg

FILE - This Sept. 18, 2013 file photo shows the Federal Reserve headquarters in Washington. Minutes of the Fed's discussion at its July 29-30, 2014 meeting show that some officials thought the economy was improving enough that the Fed would need "to call for a relatively prompt move" toward reducing the support it has been providing. Otherwise, they felt the Fed risked overshooting its targets for unemployment and inflation. (AP Photo/J. David Ake, File)

Bank of America How Painful.JPEG-0f33c.jpg

FILE - This, Oct. 14, 2012, file photo shows a Bank of America branch in downtown Miami. How much will Bank of America’s expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not $17 billion. In mega-settlements negotiated with the U.S. government, a dollar is rarely worth an actual dollar. Inflated figures make sensational headlines for the Justice Department, and $17 billion would be the largest settlement by far arising from the economic meltdown in which millions of Americans lost their homes to foreclosure. But the true cost to companies is often obscured by opaque accounting techniques. (AP Photo/Lynne Sladky, File )

Yellen.JPEG-0c7f2.jpg

FILE - In this June 18, 2014 file photo, Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. (AP Photo/Susan Walsh, File)

Political Money Women.JPEG-0e8e8.jpg

** FILE ** In this Aug. 5, 2014, file photo, former New York Mayor Michael Bloomberg welcomes leaders to the U.S.-Africa Business Forum during the U.S.-Africa Leaders Summit in Washington. (AP Photo/Jacquelyn Martin, File)

8_182014_b1keenelgfossil-fue-28201.jpg

Government Regulation of Fossil Fuel Industry Illustration by Linas Garsys/The Washington Times

8_172014_01-christie-clean-beaches8201.jpg

New Jersey Gov. Chris Christie, whom many consider to be light on foreign experience in a potential presidential bid, will be traveling to Mexico next month. (AP photo)

3b5ab097d777cc1f5c0f6a70670087ed.jpg

FILE - This Jan. 23, 2013 file photo shows a real estate sign in front of a home in Downey, Calif. California home sales declined in July 2014 compared to the same time the previous year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday, Aug. 14, 2014. (AP Photo/Jae C. Hong, File)

Selig Baseball_Lanc(3).jpg

FILE - In this Nov. 1, 2013, file photo, Boston Red Sox Chairman Tom Werner holds the World Series trophy on the court before an NBA basketball game between the Boston Celtics and the Milwaukee Bucks in Boston. Baseball's 30 owners will meet in Baltimore this week to vote on Major League Baseball Commissioner Bud Selig's replacement. A seven-man committee whittled down an expansive list to three candidates: MLB Chief Operating Officer Rob Manfred, Boston Red Sox Chairman Tom Werner and MLB Executive Vice President of Business Tim Brosnan. (AP Photo/Michael Dwyer, file)

Selig Baseball_Lanc(1).jpg

FILE - In this Nov. 14, 2013, file photo, Major League Baseball Chief Operating Officer Rob Manfred talks to the media following baseball's general managers' meetings in Orlando, Fla. Baseball's 30 owners will meet in Baltimore this week to vote on Major League Baseball Commissioner Bud Selig's replacement. A seven-man committee whittled down an expansive list to three candidates: MLB Chief Operating Officer Rob Manfred, Boston Red Sox Chairman Tom Werner and MLB Executive Vice President of Business Tim Brosnan. (AP Photo/Reinhold Matay, File)

8_122014_ap1928558590868201.jpg

Former Internal Revenue Service official Lois G. Lerner has been at the center of a scandal involving her erased hard drive and missing emails. (Associated Press)

8_112014_college8201.jpg

Passersby exit an entrance to the main campus of Harvard University in Cambridge, Mass., Sunday, May 31, 1998. The university's endowment of nearly $13 billion makes it the richest in the world and, if ranked against Fortune 500 companies it would be in the top 25 percent, The Boston Globe reported Sunday. (AP Photo/Patricia McDonnell)

Norway Satoil Arctic Drilling.JPEG-0fd6d.jpg

FILE- This April 26, 2013 file photo shows the West Hercules drilling rig in the Skaanevik fjord in western Norway. Norway's government controlled Statoil oil company reported Thursday Aug. 7, 2014, that it has not found any commercial quantities of oil and gas at the northernmost wells it has drilled in the Arctic region, ending the exploration campaign for this year without indicating if drilling would resume next year. (AP Photo/Scanpix, Statoil, FILE)

8_5_2014_tom-cole8201.jpg

No apologies: House Budget Committee member Tom Cole defends GOP spending by saying, "Republicans believe in low taxes and less regulation. I think that's why God made Republicans." (Associated Press)

942c3593932ff51e5b0f6a706700324c.jpg

In this July 17, 2014 photo, Rupert Murdoch, executive chairman of News Corporation, listens to a question during a panel discussion at the B20 meeting of company CEOs in Sydney, Australia. (AP Photo/Jason Reed, Pool, File)

acdef61792a4f21e5b0f6a706700826d.jpg

FILE - This March 14, 2014 file photo shows Agriculture Secretary Thomas Vilsack testifying on Capitol Hill in Washington. The U.S. Forest Service will soon have to tap into programs designed to prevent wildfires so that it can meet the expenses of fighting this summer’s round of fires. Vilsack said Tuesday that about $400 million to $500 million in projects will have to be put on hold in what has become a routine exercise toward the end of the fiscal year. He predicted that the money set aside strictly for firefighting will have run dry by the end of August. (AP Photo/Susan Walsh, File)