POLITICS
06/04/2013 08:23 pm ET Updated Aug 04, 2013

Trade Nominee Holds $500,000 In Cayman Islands - NYTimes.com

Getty

WASHINGTON -- Michael Froman, a longtime White House economic aide nominated to be President Obama's trade representative, holds close to $500,000 in the Cayman Islands and received millions of dollars to divest himself from Wall Street accounts that rely on a tax loophole the administration has sought to close.

Read more on www.nytimes.com