Washington Week | Aaron Schock’s Resignation, New Fracking Rules

On the Webcast Extra, Bloomberg’s Jeanne Cummings breaks down the “delicious story” of the downfall of Rep. Aaron Schock (R-Ill.) after his resignation from Congress when stories of questionable expenditures arose following his Downton Abbey-themed office. The Justice Department and FBI have started a criminal inquiry. John Harwood of CNBC details President Obama’s fracking initiative, which updates well-drilling regulations with a higher concentration on safety and the environment. Plus, Michael Crowley of POLITICO comments on the debate among the U.S. Jewish community about a two-state solution in Israel. And many U.S. allies are considering a new rival to the World Bank, the China-led Asian Infrastructure Investment Bank. The New York Times’ David Sanger explains China’s place in the world as a newer economic power.