Washington Financial News
28.08 / 21:05
COST
SEC
Costs
regulatory
Wall Street Rails Against Costs of Chairman Gary Gensler’s Regulatory Agenda at SEC
WASHINGTON—Wall Street is attempting to derail Securities and Exchange Commission Chairman Gary Gensler’s agenda by challenging economic assumptions underpinning dozens of policy proposals.
25.08 / 13:15
23.08 / 23:07
Law
regulation
lending
Bankruptcy
Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto
Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency.
22.08 / 23:31
22.08 / 20:11
UPS
Provident
Target
U.S. Steps Up Enforcement of Its Long List of Russia Sanctions
WASHINGTON—The U.S. has imposed a set of powerful sanctions against Russia’s economy to punish it for the invasion of Ukraine. Now, U.S. officials are pushing to ensure they are effective, closing loopholes, lobbying other nations for support, and cracking down on people abetting Russia’s evasion.
22.08 / 14:39
Hacking
Aleksandr Dugin: Who is 'Putin's brain' and what is his view of Russia's war in Ukraine?
The death of pro-Kremlin TV commentator Daria Dugina in a suspected car bomb near Moscow on Sunday immediately prompted speculation that the intended target of the attack may have been her father.
22.08 / 07:59
Hacking
Imran Khan: Pakistan's police file terrorism charges against ex-prime minister
Pakistani police have filed terrorism charges against former Prime Minister Imran Khan, authorities said Monday, escalating political tensions in the country as he holds mass rallies seeking to return to office.
19.08 / 18:39
18.08 / 14:39
Enterprise
fall
U.S., Taiwan to Begin Formal Talks for Trade, Investment Pact This Fall
WASHINGTON—The U.S. announced Wednesday that it and Taiwan will start negotiations for a bilateral trade and investment initiative this fall to deepen ties on a range of issues including technology and agriculture.
18.08 / 08:25
Facebook
Digital
Amazon
Do We Truly Own Our Data Today?
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17.08 / 15:55
Democrats Say They Will Keep Pressing on Paid Family Leave, Child-Care Subsidies
WASHINGTON—Democrats made programs such as universal prekindergarten and paid family leave a central part of their agenda, and yet none of those policies were included in the legislative package signed into law Tuesday by President Biden.
16.08 / 17:11
COST
Costs
Joe Biden to Sign Bill Aimed at Lowering Drug Costs, Boosting Renewable Energy
WASHINGTON—President Biden is set to sign into law sweeping legislation to lower prescription drug prices, boost the renewable energy sector and impose new taxes on large corporations.
15.08 / 14:09
UPS
Biden’s Regulators Take a Harder Look at Wall Street Deals
WASHINGTON—The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine.
15.08 / 13:49
What a Chinese Blockade of Taiwan Would Mean for Global Business
Beijing considers Taiwan, a democratically ruled island near mainland China, as part of its territory. When U.S. House Speaker Nancy Pelosi visited Taiwan this month to support its government, Beijing condemned the trip and conducted military drills with warplanes, ships and missiles to demonstrate its ability to blockade the island.
13.08 / 15:27
Climate change
medicines
Ukraine war: Russian GDP outperforms, prisoner swap, Ukraine medicines blocked
A Russian diplomat confirmed on Saturday that Moscow and Washington are discussing a possible prisoner exchange.
12.08 / 19:51
New Legislation Expands Role of Government in Private Markets
With two bills advanced through Congress in recent weeks, the Biden administration has grown the federal government’s imprint on major sectors of the U.S. economy—including semiconductors, energy and health—and further buried the idea once widely held in Washington that private markets should be left alone, without government involvement.
12.08 / 13:13
Drought
Heatwave
Trump
FBI looked for 'classified nuclear weapons documents' at Trump home, says newspaper
The Washington Post newspaper says the FBI was looking for "classified documents relating to nuclear weapons" at Donald Trump's Florida home when agents raided Mar-a-Lago on Monday, citing people familiar with the investigation.
11.08 / 13:45
Assurant
Bill to Speed Energy Infrastructure Faces Resistance
WASHINGTON—Legislation to speed the approval process for energy infrastructure projects is facing political headwinds, including from Republicans who are skeptical of assurances it will help the fossil-fuel industry and don’t like how it was tied to the tax-and-climate bill passed by Senate Democrats.
10.08 / 22:45
Gap
BURST
Federal Budget Deficit Narrowed in July
WASHINGTON—The federal deficit narrowed by 30% in July compared with a year earlier, as the government reported a $211 billion monthly gap between revenue and spending.
10.08 / 18:31
Regulators Weigh Asking Hedge Funds to Report Crypto Exposure
WASHINGTON—The collapse in cryptocurrency prices this year has left U.S. regulators scrambling to understand the risks that digital-asset markets could pose to the broader economy.
09.08 / 15:01
Digital
Waters
lawmakers
U.S. Lawmakers Look to Digital Dollar to Compete With China
WASHINGTON—Lawmakers are pushing the Federal Reserve to move swiftly toward issuing a digital dollar, to combat steps from China and others they say could one day threaten the U.S. status as the global reserve currency.
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