Menu

MILITARY

Ambassador nominee: China must lean on N. Korea

President Barack Obama's nominee for U.S. ambassador to China says the Chinese can and must do more to pressure North Korea to give up its nuclear weapons program.

Commerce Secretary Gary Locke, a former governor of Washington state, would be the first Chinese-American to serve as ambassador to China if confirmed.

He told a Senate committee Thursday that China has realized it must step up to defuse the tensions between North and South Korea after recent provocations by the North. China is reclusive North Korea's only major ally.

Locke would replace Jon Huntsman, who resigned in April to explore a presidential bid. Senate Foreign Relations Committee Chairman John Kerry says Locke is a "good and wise" choice for the job.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.30% up 4.25%  
15 Y Fixed Graph 3.29% dw 3.32%  
30 Y Fixed Jumbo Graph 4.58% dw 4.59%  
5/1 ARM Graph 3.45% dw 3.63%  
5/1 Jumbo ARM Graph 3.52% up 3.49%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% dw 4.46%  
$50K HELOC Graph 4.11% dw 4.17%  
$30K Loan Graph 4.99% dw 5.10%  
$50K Loan Graph 4.40% dw 4.55%  
$75K Loan Graph 4.40% dw 4.51%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.91% up 2.87%  
36 M Used Graph 3.43% up 3.35%  
48 M New Graph 3.19% up 3.14%  
48 M Used Graph 2.97% up 2.92%  
60 M New Graph 3.22% up 3.17%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.34% -- 0.34%  
1 yr Graph 0.68% -- 0.68%  
5 yr Graph 1.38% up 1.37%