The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
Category: Regulation and Deregulation of Industry
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A Supreme Court Victory for the CFPB Won’t End a Regulatory Fight
A win for the Consumer Financial Protection Bureau removed the existential threat hanging over the agency, but opponents have vowed to keep on fighting.
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What the Supreme Court Ruling Means for Other Consumer Bureau Actions
A score of court cases involving the Consumer Financial Protection Bureau can now proceed, but it is still likely to face legal challenges.
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Supreme Court Rejects Challenge to Consumer Watchdog’s Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.
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Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture
The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.
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Why Is Car Insurance So Expensive?
Soaring premiums have become a prominent driver of inflation, and insurers say that more increases could be on the way. How did it get like this?
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Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.
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California Will Add a Fixed Charge to Electric Bills and Reduce Rates
Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency.
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Norfolk Southern Faces Activist Investor Challenge
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.