Treasury Secretary Janet Yellen outlined the case for a harmonized corporate tax rate across the world's major economies, part of an effort to restore global leadership and credibility with U.S. allies following the unilateralist approach of the Trump era.

"When news broke last month that top aides to Texas Attorney General Ken Paxton had accused him of bribery and abuse of office," wrote the Texas Tribune the other day, "many in the Texas political scene were shocked but not surprised."