He says the previous administration’s directive hindered companies with “unnecessary government control.” President Donald Trump signed an executive order last month revoking the protection plan for artificial intelligence…
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OMB Director Announces Halt of Unappropriated Funds to CFPB
Newly confirmed, Director Vought is set to be an important contributor to reducing federal programs and spending. White House Office of Management and Budget Director Russ Vought announced…
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Transportation Secretary Orders Reevaluation of Fuel Economy Standards
The administration seeks to lower costs by reducing regulatory burdens. Transportation Secretary Sean Duffy has directed the National Highway Traffic Safety Administration (NHTSA) to review and potentially revise…
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Judge Pauses Federal Employee Buyout
Over 60,000 government employees had accepted the deferred resignation offer prior to the judge’s response to the government employees union legal challenge. On Thursday, a federal judge in…
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Appeals Court Blocks Transportation Department’s Airline Junk Fee Rule
The decision says the administration skipped the necessary company comment period. The Fifth Circuit Court of Appeals blocked a rule issued by President Biden’s administration that required airlines…
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President Trump Says Microsoft Interested in Buying TikTok
Indicates a growing number of companies have shown interest and the potential for a “bidding war.” President Donald Trump said this week that technology companies have been showing…
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SEC Fines Broker-Dealer for Market Access and Confidentiality Violations
Liquidnet agrees to a settlement over charges of inadequate controls, safeguards, and misleading disclosures. The Securities and Exchange Commission (SEC) announced that Liquidnet Inc., a broker-dealer operating multiple…
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FDA Proposes Mandatory Asbestos Testing for Talc-Based Cosmetics
The new rule is intended to protect consumers from asbestos exposure in cosmetic products. The U.S. Food and Drug Administration (FDA) recently proposed a rule under the Modernization…
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Supreme Court Considers Chicago Alderman’s Corruption Appeal
Justices question the distinction between false and misleading statements. The Supreme Court recently heard oral arguments in an appeal filed by a former Chicago politician. The justices seemed…
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Labor Department Releases December Inflation Data
The rate of inflation rose 0.4 percent last month bringing 2024’s annual total to 2.9 percent. The U.S. Labor Department announced inflation numbers for the month of December…
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