SEC announces it will not defend climate disclosure rule
The Securities and Exchange Commission (SEC) announced Tuesday that it would not defend a year-old rule that required publicly held companies to disclose climate-related risks and in some cases require emission details. did. “The rules are deeply flawed and can cause great harm to the capital markets and our economy,” Sec Chairman Mark Ueda said […]
Canned tuna sold at Walmart, Trader Joe's, Costco recalled in multiple states
(WJW) – The Food and Drug Administration (FDA) has it Announced a recall of canned tuna Products sold by several major retailers Walmart, Trader Joe, Croger and Costco. According to the alert, Tri-Union Seafoods is I will recall spontaneously After learning about manufacturing defects including “easy open” pull tab lids that can damage can seals, […]
Two top consumer bureau officials resign after Trump admin halts work
Two senior officials from the Consumer Financial Protection Bureau (CFPB) resigned on Tuesday. Both Lorelei Salas, assistant director of supervisory policy, and Eric Halperin, assistant director of the Executive Office, sent emails to the team announcing their decision to step down. “The bureau has been instructed to stop. I don't think it's appropriate or legal […]
Shutting down CFPB 'begging for another financial crisis': Former director
Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB), argued on Monday that shutting down agencies “is calling for another financial crisis” as the Trump administration is aiming for the CFPB. “We previously did this experiment in the years leading up to the subprime mortgage crisis. As we all know, it was an […]
Wall Street Journal: Trump repeating first-term 'blunder'
The Wall Street Journal editorial board warns that President Trump has made similar mistakes in trade during his first term at the White House. Focusing on Trump's orders that impose 25% tariffs on all steel and aluminum imports, the Journal said the president “has given a shock of another uncertainty to the economy.” “His advisor […]
Spicer: Trump has been clear 'it may take a little while' for prices to come down
Former White House aide Sean Spicer said President Trump admitted that prices “may take a little while” for them to drop. “He was very clear. It may take a little time, you may know, there may be a bit of pain due to the tariffs, but his eyes focus on this. “They're matching it,” says […]
'We're about to get annihilated': Musk, DOGE descend on consumer bureau
The Trump administration is moving rapidly, destroying the Consumer Financial Protection Bureau (CFPB), halting institutional work, cutting funds, and closing its headquarters. This push is defanging the agency, unlike the efforts launched early in President Trump's first term, which faces solid opposition from Republicans through its short existence. However, as Elon Musk's Government Efficiency (DOGE) […]
Trump signs off on new steel and aluminum tariffs
President Trump signed a declaration on Monday to strengthen all steel and aluminum imports to the United States, cracking down on China and Russia's attempts to avoid penalties. Trump in 2018announcement25% tariff on steel, 10% tariff on aluminum imports. The action on Monday would increase tariffs on aluminum to 25%, including provisions aimed at “reviving […]
Tariff hawks eager to see de minimis rule shuttered after Trump pause
Last week, President Trump pumped the brakes with a pledge to close import tax exemptions from China on cheap consumer goods. The suspension opens another front in the president's promised trade war, but the delays that close the so-called minimal loophole are now closed, and the preparations and policy groups head on the chaotic start […]
Musk on Ron Paul as Fed chairman: 'Great idea'
Elon Musk appeared to support a proposal in X's post that conservative commentator Charlie Kirk's former MP Ron Paul (Texas) would replace Jerome Powell with the chairman of the Federal Reserve System. “Amazing idea!” Reply with x In a statement from Kirk, Paul said, “it will create a great next chairman of the Federal Reserve.” […]