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The ‘so what’ defense

Evening Briefing
Bloomberg

U.S. Senate Majority Leader Mitch McConnell said on Tuesday he won't be an "impartial juror" during any impeachment trial of President Donald Trump—despite what legal experts say is an oath requiring him to be one. The Republican from Kentucky is seeking to quash Democratic requests for White House witnesses as part of a strategy to end the proceeding swiftly, and with an acquittal. Over in the House, lawmakers were passing a $1.4 trillion spending plan loaded with gifts for lobbyists, including tax breaks and rollbacks of parts of Obamacare. On Wednesday, they could vote on whether to impeach Trump. —Josh Petri

Here are today's top stories

Noah Feldman writes in Bloomberg Opinion that the White House might be settling on a "so what" defense: That there's nothing wrong with trying to get a foreign government to interfere in a U.S. presidential campaign.

The money began to flow about a decade ago, just as the U.S. government cracked down on Purdue Pharma. This is how the Sackler family shifted billions of dollars from opioids to trusts.

Rick Gates, a former Trump campaign aide who became a star witness for Special Counsel Robert Mueller in his investigation of Russia's interference in the 2016 election, was sentenced to 45 days in jail.

As Boeing halts production of its grounded 737 Max, Airbus is grappling with a very different problem: It can't build its rival A320neo fast enough. 

Bankrupt utility PG&E removed a requirement that California Governor Gavin Newsom sign off on its settlement with wildfire victims.

Amazon's global logistics chief Dave Clark liked to lurk in the shadows of warehouses and scope out employees he could fire. On Sunday, he once again showed his ruthlessness by essentially firing FedEx.

What's Lorcan Roche Kelly thinking about? The Bloomberg cross-asset reporter said a missed opportunity at the recent climate talks in Madrid was the failure to agree on a mechanism to price carbon. Goldman Sachs CEO David Solomon, writing in the Financial Times, urged governments to do exactly that. The problem, Lorcan says, is that without a single global policy there can be no level playing field.

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