Senate Committee Finds SEC and CFTC Oversight of AI Lacking

Their report calls for new standards to mitigate potential harms from machine learning in trading. The Senate Homeland Security and Governmental Affairs Committee (HSGAC) recently released a report…

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DOJ Charges Executives in Illegal Adderall Scheme

They are the department’s first criminal drug prosecutions related to telemedicine. The U.S. Department of Justice (DOJ) recently announced the arrest of the founder and CEO of Done…

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Interior Department Announces Investment in Rural Water Projects

$43 million will support six projects currently under construction. The Department of the Interior (DOI) is investing an additional $43 million into the construction of six rural water…

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FTC Reports Increase in Government Impersonation Scams

Consumer losses nearly double in 2023, prompting federal agencies to raise awareness and combat deceptive tactics The Federal Trade Commission (FTC) recently released data showing an increase in…

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Humanitarian Aid Pier in Gaza Reopens Again

The military reinstalls the temporary pier off Gaza shores after the third closure. The Pentagon announced Friday that its temporary humanitarian aid pier has been reinstalled on the…

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Transportation Department Fines Emirates for Unauthorized Code-Share Flights

$1.8 million penalty levied for ongoing violations of safety rules on JetBlue-coded routes. The U.S. Department of Transportation (DOT) recently fined Emirates Airlines $1.8 million for code-share violations…

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Treasury Department Sanctions La Nueva Familia Drug Cartel

Eight entities sanctioned for partnering with cartel to traffic narcotics. The Department of the Treasury announced eight new sanctions this week against Mexico-based entities affiliated with the La…

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FTC Takes Action Against Adobe

The complaint says the company hid fees and prevented consumers from canceling services. The Federal Trade Commission (FTC) is taking action against Adobe and two executives for allegedly…

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Senate Committee Chair Pledges to Accelerate FDIC Nominee Confirmation Process

The bank regulation agency position may receive greater review and evaluation than the nominee’s previous role. President Joe Biden has nominated Christy Goldsmith Romero to be the next…

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DOJ Alleges Mexican Cartel Used Chinese Underground Banking

The department engaged in a multi-year investigation with Mexico and China. The Department of Justice (DOJ) recently announced a 10-count indictment against 24 members of the Mexican Sinaloa…

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