Rex Tillerson

Trump's pick for top diplomat calls Russia a 'danger'

He said Russia poses a "danger" to the nation.

A friend of the Kremlin and foe of sanctions in his corporate life, Tillerson told the Senate Foreign Relations Committee that he would help usher in a new era of U.S. leadership on the global stage as America's top diplomat.

Unlike Trump, who has played down the allegations of Russian malfeasance in the presidential campaign, Tilllerson said recent Russian actions "disregarded American interests" and alarmed U.S. allies, even if cooperation between Washington and Moscow remained desirable on a range of issues.

Tillerson and Exxon part ways; $180M retirement package

Tillerson will surrender, if confirmed, all unpaid stock that was part of his pay package, more than 2 million shares. In exchange, the company will make a cash payment equal to the value of those shares to a trust to be overseen by a third party, according to a regulatory filing Wednesday with the Securities and Exchange Commission.

Because of the way the compensation is being dispensed, Tillerson will give up about $7 million, compared with what he would have been paid had he retired in March as he had planned to do before the nomination.