The nuclear option for addressing the tech giant’s search dominance — a break-up — is off the table. That’s lifting Big Tech stocks.
Category: Regulation and Deregulation of Industry
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Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated.
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Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
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How Trump Could Overhaul the Fed
The president wants to pack the central bank’s Board of Governors with loyalists, which would grant him greater sway over an institution that is supposed to be independent from the White House.
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Appeals Court Rules Against Many Trump Tariffs
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
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Trump Asserts Expansive Power to Fire Fed Governor Lisa Cook
Lawyers for the administration told a court it should be “highly deferential” to the president when it comes to firing a Federal Reserve governor “for cause.”
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When Mailing a Letter to the U.S. Becomes a Global Headache
A driver’s license renewal, a box of specialty candy, even early Christmas presents — all are caught up in the confusion caused by a new Trump administration customs rule.
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Medicare Will Require Prior Approval for Certain Procedures
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care.
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F.D.A. Approves Covid Shots With New Restrictions
The agency’s fall recommendations underscore the goals of Health Secretary Robert F. Kennedy Jr. to limit access to the vaccines, which he has long opposed.
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Mortgage Fraud Claims Give Trump Weapon Against Lisa Cook and Others
The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.
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Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.