P.M. Edition for Aug. 28. The Treasury Department has put out a report about a Chinese money laundering network that has <a href="https://www.wsj.com/finance/regulation/chinese-money-launders-are-moving-billions-through-u-s-banks-cf617283?mod=WSJ_WNPOD">moved billions of dollars</a> through U.S. banks, and how that money is being used to support criminals like Mexican drug cartels. WSJ reporter <a href="https://www.wsj.com/news/author/dylan-tokar?mod=WSJ_WNPOD">Dylan Tokar</a> joins to discuss how the network functions, and what the Trump administration is planning to do about it. Plus, Federal Reserve governor Lisa Cook <a href="https://www.wsj.com/economy/central-banking/lisa-cook-trump-lawsuit-fed-reserve-62f1ef95?mod=WSJ_WNPOD">files a lawsuit</a> over President Trump’s attempt to fire her. And starting at midnight tonight, shipments of goods to the U.S. <a href="https://www.wsj.com/articles/end-of-de-minimis-alarms-e-commerce-sellers-consumers-36f3c26f?mod=WSJ_WNPOD">worth $800 or less</a> will be subject to tariffs. We hear from Journal reporter <a href="https://www.wsj.com/news/author/esther-fung?mod=WSJ_WNPOD">Esther Fung</a> about who will be footing the bill. Alex Ossola hosts.
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