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SEC Chairman Paul Atkins ripped Joe Biden on Tuesday, accusing the former president’s administration of weaponizing financial rules to push his woke agenda as Wall Street’s new top cop vowed to “make IPOs great again”. The new head of the US Securities and Exchange Commission made a thinly veiled dig at disclosure red tape such […]
The scale of the effort to “debank” Donald Trump because of pressure from Biden administration regulators went far beyond JPMorgan and Bank of America, The Post has learned. At least 10 other financial institutions closed their windows to the billionaire real estate tycoon over his role in the Jan. 6 Capitol Hill melee. The moves […]
The House Judiciary Committee on Tuesday launched an investigation into whether the EU and Biden administration pressured Spotify to censor free speech, The Post has learned. Censorship has been a point of tension for Spotify, which has faced heated backlash for flagging COVID-19 information from podcaster Joe Rogan and banning Steve Bannon from the platform. […]
The incoming Trump administration and the Biden administration went back and forth on Saturday over the status of TikTok and whether a ban of the service would take place, after the video app said that it would be forced to “go dark” on Sunday when a federal law takes effect. President-elect Donald J. Trump told […]
TikTok said the popular video-sharing platform will go dark on its 170 million American users on Sunday unless the Biden administration can guarantee service providers won’t be punished for operating the app when the ban takes effect. The statement came hours after the Supreme Court unanimously upheld a law forcing the app to be divested […]
The Biden administration issued sweeping rules on Monday governing how A.I. chips and models can be shared with foreign countries, in an attempt to set up a global framework that will guide how artificial intelligence spreads around the world in the years to come. With the power of A.I. rapidly growing, the Biden administration said […]
The next big fight over offshoring is playing out in Washington, and this time it involves artificial intelligence. The Biden administration, in its final weeks in office, is rushing to issue new regulations to try to ensure that the United States and its close allies have control over how artificial intelligence develops in the years […]
As evidence keeps building that the hapless Biden administration couldn’t end fast enough, there’s also evidence that the first Trump presidency of strong growth and low inflation pre-COVID won’t return immediately. That’s the signal we’re getting from the bond market: The possibility that the fiscal time bomb of nonstop spending that Joe Biden and his […]
President Joe Biden on Friday moved to block the multi-billion-dollar sale of US Steel to Japan’s Nippon Steel, citing national security concerns. The Committee on Foreign Investment in the US has been reviewing the $14.1 billion deal on whether it poses security risks for months. On Dec. 23, CFIUS said it was at a standstill, […]
President Biden has declared his support for banning sitting members of Congress from trading stock — an eleventh-hour pivot after four years of silence over the controversy. “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden told the “More Perfect Union” podcast. “I don’t […]
