Facebook must face investor lawsuit, Supreme Court rules

November 22, 2024

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Gallagher not interested in serving as SEC chairman in second Trump administration

Dan Gallagher, chief legal officer of financial services company Robinhood, said Friday that he has no interest in serving as chairman of the Securities and Exchange Commission (SEC) in President-elect Donald Trump's second administration. “It is always an honor to have my name mentioned in such a vital position as SEC Chairman,” Gallagher said in a statement. “But I made it clear that I did not want to be considered…

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Ocasio-Cortez talks about 'work' with Musk, Ramaswamy and Greene: 'It's really interesting'

Rep. Alexandria Ocasio-Cortez (New York) and Rep. Marjorie Taylor Greene (R-Ga.) have announced a new House Oversight and Explanation Act working in conjunction with President-elect Trump's new “Department of Government.” Reacted to his appointment as chair of the Responsibility Subcommittee. Efficiency” (DOGE). Earlier this month, President Trump named technology entrepreneurs Elon Musk and Vivek Ramaswamy to lead the advisory group.

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The Refresh

news we reportedtThe intersection of technology and other topics:

Reid Hoffman concerned about Musk's role in AI policy

LinkedIn co-founder Reid Hoffman It said it was concerned about Musk's ownership of xAI and its partnership with Trump, writing that it could pose a “significant conflict of interest.” In an editorial for the Financial Times, he said:

Amazon invests $4 billion in Anthropic

Amazon announces investing another $4 billion in artificial intelligence startups human,The New York Times reported.

About our radar

Upcoming news themes and events we're watching:

National Sexual Exploitation Center A virtual information session will be held on Monday where legal experts and parents will “challenge the lies and misinformation from Big Tech.” Kids online safety law.

In other news

Branch out with more reading on The Hill.

Supreme Court raises new challenge to federal power

The Supreme Court announced Friday it will hear a case that could deal another blow to federal agencies' powers. The justices will take up the government's appeal of its decision to invalidate the Universal Service Fund (USF), a federal grant aimed at providing affordable telecommunications services to rural and low-income consumers. agreed. It spends about $9 billion annually.

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What other people are reading

Two important stories about The Hill today:

President Trump's immigration crackdown: denaturalization is just a drop in the bucket

In addition to cracking down on illegal immigration, the next administration of President Donald Trump is expected to target legal immigration as well, which has the effect of slowing immigration. read more

Trump faces Senate Republican restrictions after failing to promote Gaetz AG

President-elect Trump's ill-fated nomination of former Rep. Matt Gaetz (R-FL) to head the Department of Justice provided an early sign of his potential… read more