Jim Zarroli

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Prior to moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position he covered the United Nations during the first Gulf War. Zarroli added to NPR's coverage of the aftermath of Hurricane Katrina, the London transit bombings and the September 11, 2001 attacks on the World Trade Center.

Before joining the NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.

Zarroli graduated from Pennsylvania State University.

Updated at 12 p.m. ET

A team of ethics experts and legal scholars filed a lawsuit in federal court Monday morning that says President Trump's overseas businesses violate the Constitution's Emoluments Clause, which bars presidents from taking money from foreign governments.

No evidence exists so far that President Trump or his elder daughter has taken steps to sever ties with their businesses, despite promises to do so by Inauguration Day, ProPublica has reported.

A top aide to President Donald Trump says he won't release his tax returns, insisting that voters aren't concerned about the issue.

"The White House response is he's not going to release his tax returns," said Trump's senior adviser, Kellyanne Conway, on ABC's "This Week."

"We litigated this all through the election. People didn't care," Conway added.

President-elect Donald Trump takes office on Friday having largely failed to address concerns about the many conflicts of interest posed by his business interests.

Although Trump has settled a few of the outstanding legal and regulatory disputes hanging over him, he remains in the unusual position of presiding over countless policy decisions that will affect his own businesses.

These days, plenty of consulting firms make money peddling advice on cybersecurity. Only one is run by a man designated special adviser to the president of the United States.

Earlier this month, President-elect Donald Trump named former New York City Mayor Rudolph Giuliani, who heads a cybersecurity practice at the Miami-based law firm Greenberg-Traurig, as his chief adviser on cybersecurity issues.

President-elect Donald Trump has suggested he may give his daughter and son-in-law some roles in his new administration, but a 1967 anti-nepotism law makes doing so a lot more complicated.

The law bars presidents from hiring relatives to Cabinet or agency jobs, although a federal judge has ruled that it doesn't apply to White House staff jobs.

Some prominent conservatives have signed on to a letter warning President-elect Donald Trump that he needs to sell off his businesses to address his many conflicts of interest.

"Respectfully, you cannot serve the country as president and also own a world-wide business enterprise, without seriously damaging the presidency," says a letter sent Monday by a bipartisan group of politicians, ethics advocates and academics.

President-elect Donald Trump insists he can do all the business deals he wants while serving in the White House, but a 2012 law barring insider trading by government officials could make doing so a lot more complicated.

One day after Vanity Fair printed a highly critical piece about one of his restaurants, President-elect Donald Trump escalated his feud with the magazine's editor, calling him a "no talent."

"Has anyone looked at the really poor numbers of @VanityFair Magazine," Trump said in an early-morning Tweet. "Way down, big trouble, dead! Graydon Carter, no talent, will be out!"

Trump Tower, the building that President-elect Donald Trump calls home, bills itself as "one of the world's elite luxury residences, catering to public figures, athletes, celebrities and other affluent sophisticates."

These days, some other people have taken up residence there as well: Secret Service agents.

Trump has said that his family won't move into the White House right away and will remain, for a few months at least, in the world-famous steel-and-glass office and residential building where they occupy three floors.

President-elect Donald Trump should divest himself of his vast business interests in order to avoid conflicts of interest while in the White House, according to a letter from the U.S. Office of Government Ethics.

Moreover, transferring ownership of his businesses to his grown children wouldn't go far enough to address the conflicts, the letter said.

President-elect Donald Trump suggested Sunday that he will not sell off his business operations to avoid conflicts of interest during his presidency. He said he will instead allow his grown children to manage them.

"My executives will run it with my children. It's a big company. It's a great company. But I'm going to have nothing to do with management," Trump told Chris Wallace on Fox News Sunday.

Donald Trump was elected president promising to use his business-world experience and negotiating skills to help boost the American economy. Now that he's about to take office, a lot of people hope he'll leave the business world behind.

Two-thirds of those responding to a Bloomberg News poll said they think Trump needs to choose between being president and being a businessman, to avoid the appearance of a conflict of interest.

He was a flamboyant, alpha-male billionaire who said things no career politician ever would — someone who promised to use his business savvy to reform the system and bring back jobs. Voters believed that his great wealth insulated him from corruption, because he couldn't be bought.

But his administration was marked by criminal investigations and crony capitalism.

President-elect Donald Trump has chosen Wilbur Ross Jr., a billionaire investor and turnaround specialist, as his commerce secretary.

Ross announced his selection Wednesday during a joint CNBC interview with longtime Wall Street banker Steve Mnuchin, Trump's pick for Treasury secretary.

"Wilbur Ross is a champion of American manufacturing and knows how to help companies succeed," Trump said in a statement announcing his choice.

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