The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.
Category: Regulation and Deregulation of Industry
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Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
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Senate Confirms Howard Lutnick as Commerce Secretary
A longtime Wall Street executive, Mr. Lutnick will take on a broad portfolio that includes defending U.S. business interests and overseeing restrictions on technology exports.
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California’s Push for Electric Trucks Sputters Under Trump
The state will no longer require some truckers to shift away from diesel semis but hopes that subsidies can keep dreams of pollution-free big rigs alive.
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How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
The furious pace of deregulation is gutting agencies intended to protect ordinary Americans, consumer advocates say. But business groups have long favored regulatory relief.
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FCC Chair Orders Investigation Into Comcast’s DEI Practices
The investigation follows inquiries by the agency into NPR, PBS and CBS News.
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Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal regulators approved a proposal from the nation’s largest grid operator that will give primacy to 50 new power plants, a decision to help meet the country’s growing electricity demand.
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Stocks Drop After Hotter Than Expected Inflation Reading
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.