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Biden launches new Chinese chips trade probe, will hand off to Trump

The Biden administration on Monday announced a last-minute trade investigation into old Chinese “legacy” semiconductors, further increasing U.S. tariffs on Chinese chips that power everyday products from cars to washing machines to communications equipment. There is a possibility that U.S. Trade Representative Katherine Tai said the investigation was aimed at protecting the U.S. and other […]

Fani Willis’ conduct could trigger DOJ probe, says attorney behind recusal

Defense attorney Ashley Merchant predicts Fulton County District Attorney Fani Willis will continue to face repercussions after she was disqualified from the Georgia lawsuit against President-elect Donald Trump. There is. Merchant, who represents Trump co-defendant Mike Roman and filed the original motion to remove Willis, said he expects the next administration's Justice Department to launch […]

Senate Democrats launch probe into Trump IRS nominee

Democratic senators on Wednesday launched an investigation into former Rep. Billy Long (R-Missouri), President-elect Trump's nominee to head the Internal Revenue Service. They want to know how he promoted a pandemic-era tax credit called the Employee Retention Tax Credit (ERTC), which is riddled with fraudulent claims and disrupted IRS operations. Senate Finance Committee Chairman Ron […]

McKinsey to pay $650M to settle DOJ criminal opioid probe

McKinsey & Company agrees to pay $650 million to resolve a Justice Department investigation into the consulting firm's work advising opioid maker OxyContin maker Purdue Pharma on how to increase sales did. McKinsey has filed a five-year lawsuit in federal court in Abingdon, Virginia, to resolve criminal charges brought as part of a rare corporate […]

Musk knocks SEC over settlement offer in probe

Tech mogul Elon Musk on Thursday sued the Securities and Exchange Commission (SEC) over a proposed settlement in its investigation into his 2022 acquisition of Twitter Inc. (now known as X Corp.). criticized. in letter SEC Chairman Gary Gensler told Musk's attorney Alex Spiro that he had shared information about He said he was given […]