Under Sean Duffy, the Transportation Department has worked to roll back consumer protections. Passenger advocates say the changes favor airlines.
Category: Warren, Elizabeth
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Trump and Xi to Discuss A.I. Risks and Competition at US-China Summit
The New York Times – Business:Artificial intelligence is on the agenda when leaders from the United States and China meet this week. But with little consensus on a path forward, expectations are limited.
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Justice Dept. Investigates Nvidia Deal With Groq
The New York Times – Business:The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
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Several Big Brokerages Leave Customer Accounts Open to Theft, Senators Say
The New York Times – Business:Senators Ron Wyden and Elizabeth Warren, ranking Democrats on the Finance and Banking Committees, have urged regulators to require brokerages to provide stronger customer protections.
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Trump’s Stock Trades Raise Eyebrows. The Family Says He Keeps His Hands Off.
The New York Times – Business:The Trump Organization says the president’s financial investments are handled by outside firms and that it has no control over the timing or selection of transactions.
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Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law
The New York Times – Business:Lawmakers have asked the Treasury Department for information on how Mr. Musk may have influenced the decision to end enforcement of the Corporate Transparency Act.
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Private-Credit Wobbles Could Prove Perilous for Trump
The New York Times – Business:The Trump administration is poised to broaden access to risky investments that are showing signs of strain.
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Warren Requests Information From MrBeast About Crypto and Children
The New York Times – Business:The world’s most popular YouTube celebrity, who markets to children and has bragged about crypto trades, is getting into banking. Senator Elizabeth Warren has concerns.
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Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
The New York Times – Business:An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.
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Banking Regulators Plan to Ease Some Capital Requirements
The New York Times – Business:The Federal Reserve and other financial regulators will soon release proposals to loosen some planned rules on how much capital banks must hold in reserve to mitigate risks.
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Senate Resoundingly Passes Housing Bill, but Challenges Lie Ahead
The New York Times – Business:The lopsided vote to approve the measure was a rare bit of election-year bipartisanship on a major affordability issue, but G.O.P. disputes and President Trump’s disinterest have left its fate uncertain.