Europe wants to be a top contender in the race to become a world leader in artificial intelligence, but investors are concerned that it has too much red tape and that its taxes are too high.
Category: Regulation and Deregulation of Industry
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36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.
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Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
The order to shutter the agency’s headquarters follows another order issued Saturday by Mr. Vought, who also leads the Office of Management and Budget, telling agency employees to halt nearly all their work.
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Trump’s Blueprint for Bending the Media Has Nixon Written All Over It
The president’s heavy-handed approach to traditional journalists has the hallmarks of an attempted crackdown 50 years ago.
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Federal Financial Watchdog Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”
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Solid Labor Market Gives Fed Cover to Extend Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
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Government Agencies Cancel Politico Pro Subscriptions
The U.S.D.A. said Thursday that it had canceled its subscriptions to Politico Pro, a news and information service aimed at policy professionals.
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F.C.C. Releases CBS ’60 Minutes’ Interview With Kamala Harris
The complete interview, which is at the center of a lawsuit filed by President Trump, shows that “60 Minutes” aired a concise version of Ms. Harris’s answer on Israel.
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Why Elon Musk Is So Focused on the Bureau of the Fiscal Service, ‘America’s Checkbook’
Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.
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Could the Trade Fight Take a Bite Out of Apple?
A news report says that Beijing is weighing an inquiry into the iPhone maker, underscoring Chinas options in fighting against President Trump’s tariff threat.
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S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency.