Tag Archives: regulator

Alphabet (GOOGL) shares flattened today on fears that its Google search engine may be forced to make changes following a 10-month-long U.K. investigation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The Competition and Markets Authority (CMA) handed Google so-called …

WASHINGTON — Peter Marks, the former top vaccine regulator at the Food and Drug Administration, has joined Eli Lilly to oversee molecule discovery and infectious diseases — a move that quickly drew criticism for the revolving door between the agency and industry. Marks confirmed his new role at Lilly Research Laboratories to STAT. His first day was Monday.  “I am excited about …

Tesla has been hit with an enforcement action by California’s Department of Insurance (CDI) for routinely denying or delaying customer claims despite years of warnings from the state regulator, according to a new pair of filings. Tesla’s insurance arm, along with its partner State National Insurance Company, engaged in “willful unfair claims settlement practices” including “egregious delays in responding to …

Trump Nominates Travis Hill to Be Chair of Key US Bank Regulator  Bloomberg.com Trump nominates Hill to permanent role as US FDIC chair, source says  Reuters CBA Statement on FDIC Chair Nomination  consumerbankers.com US Senator Scott congratulates Travis Hill on nomination for FDIC board chair  MLex Press Release: Crapo Praises Travis Hill’s Nomination to Chair FDIC  Quiver Quantitative Source link

The U.S. Securities and Exchange Commission (SEC) is moving to end quarterly earnings requirements from publicly traded companies days after President Donald Trump called for the change. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Paul Atkins, who is chair …

The Google fine, in particular, risks drawing the ire of U.S. President Donald Trump, who has ramped up pressure on the EU after striking a lopsided trade deal in July. Trump threatened to impose severe tariffs on countries that implement “discriminatory” regulations or taxes that target U.S. tech firms. European Trade Commissioner Maroš Šefčovič on Monday made an 11th-hour intervention …

Trump Fires Rail Regulator. Investors Are Taking Note.  Barron’s Trump railroad regulator Robert Primus was fired by White House after Amtrak Acela unveiling  CNBC Trump fires Democratic Surface Transportation Board member before huge rail merger decision  PBS Trump Fires Member of Board That Approves Railroad Mergers  The New York Times Trump has fired a Democrat on a federal railroad board. He’s the latest to …

WASHINGTON — The White House said Thursday that it has fired a member of the Surface Transportation Board, a move that comes as the independent federal regulatory agency is considering the proposed merger of Union Pacific and Norfolk Southern railroad companies. “Earlier this evening, I received an email from the White House purporting to terminate my position at the Surface …

WASHINGTON (AP) — When Bill Pulte was nominated as the country’s top housing regulator, he told senators that his “number one mission will be to strengthen and safeguard the housing finance system.” But since he started the job, he’s distinguished himself by targeting President Donald Trump ‘s political enemies. He’s using property records to make accusations of mortgage fraud and …

Trump housing regulator accuses Fed governor Cook of mortgage fraud  Axios Trump Considers Firing Fed Official After Accusation of Mortgage Fraud  The Wall Street Journal Trump calls for resignation of Fed governor in latest line of attack  NPR Why Claiming Two Primary Residences Is a Problem, Even if Prosecutions Are Rare  The New York Times Trump team makes mortgage fraud its newest revenge tool  Axios …