Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Fines (Penalties) Frauds and Swindling Justice Department Prisons and Prisoners Scharf, Charles W Securities and Commodities Violations Securities and Exchange Commission Sloan, Timothy J Stumpf, John G Tolstedt, Carrie L Wells Fargo & Company

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse
Posted inBanking and Financial Institutions Conservatism (US Politics) Consumer Financial Protection Bureau Corporate Social Responsibility Environment Minorities Silicon Valley Bank United States Politics and Government

No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse

Blaming workplace diversity or environmentally and socially conscious investments for the firm’s downfall signals a “complete lack of understanding of how banks work,” one expert said.
Why Lawmakers Aren’t Rushing to Police A.I.
Posted inBinance Circle Internet Financial Inc Coinbase Inc Consumer Financial Protection Bureau Democratic Party Deripaska, Oleg V European Union Federal Reserve System Food and Drug Administration Garland, Merrick B HK FTX Trading Ltd (Futures Exchange) Instacart internal-storyline-no Law and Legislation Neuralink Corp OpenAI Labs Petrou, Karen Shaw Sanders, Bernard Santos, George (1988- ) Senate Starbucks Corporation United States Chamber of Commerce Waller, Christopher (1959- )

Why Lawmakers Aren’t Rushing to Police A.I.

Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.
How Biden Is Seeking to Reshape Business via the CHIPS Act
Posted inBiden, Joseph R Jr Chopra, Rohit Commerce Department Computer Chips Consumer Financial Protection Bureau Democratic Party Federal Reserve System Fox News Channel Goldman Sachs Group Inc Helium Inc internal-storyline-no Lasry, Marc Milwaukee Bucks Musk, Elon National Basketball Assn Supreme Court (US) Twitter United States Politics and Government Warren, Elizabeth Wells Fargo & Company

How Biden Is Seeking to Reshape Business via the CHIPS Act

Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.