Biden’s Commerce Sec Looking To Rush Every Dime She Can Out The Door Before Trump Takes Over

Outgoing Commerce Secretary Gina Raimondo is working to spend as much money as possible from President Joe Biden's signature bill before the incoming Trump administration takes office, according to Politico. Congress has greenlit $50 billion in subsidies for microchip manufacturing as part of Biden's CHIPS and Science Act of 2022, and Raimondo wants to make […]
18 states sue SEC, Gensler for 'regulatory overreach' on crypto

18 republican the attorney general was sued On Thursday, the Securities and Exchange Commission (SEC) and Chairman Gary Gensler were accused of overstepping the agency's authority in enforcement actions against the cryptocurrency industry. The states, led by Kentucky Attorney General Russell Coleman, have argued that the SEC is “unilaterally attempting to take regulatory authority away […]
Don’t ‘Underestimate’ Hegseth as Sec of Defense, He’s a ‘Welcome Change for Many’

Marc Short, an adviser to former Vice President Mike Pence, said Wednesday on MSNBC's “The Jose Diaz-Balart Report” that President-elect Donald Trump's pick for Secretary of Defense, Pete Hegseth, should not be underestimated. Ta. “While the approval process for some of our appointees will take a long time, I do not intend to underestimate Pete,” […]
Georgia Sec. of State blames election bomb threats on Russians | FOX 5 News

Sec. of State Brad Raffensperger has been delivering live updates throughout Election Day on how voting in Georgia has … source
Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined – Cointelegraph

Donald Trump's victory in the US presidential election triggered a wave of investor appetite for risk-on assets such as cryptocurrencies, setting Ether poised to breach $3,200 in the near term, according to market analysts. That's what it means. The Republican victory also sparks optimism for clearer crypto regulation over the next four years and galvanizes […]
Trump weighs Wall Street lawyer Richard Farley as SEC chair candidate: sources

A top Wall Street lawyer known for his research on leveraged buyouts has been floated as a candidate to head the Securities and Exchange Commission under the Trump administration, the Post reported. According to people familiar with the matter, Richard Farley, a partner at the blue-chip New York law firm Kramer, Levin, Naftalis & Frankel […]
Financial trade group calls on SEC chief Gensler to 'immediately' step down

The American Securities Association (ASA), a financial industry group, has called on Securities and Exchange Commission (SEC) Chairman Gary Gensler to resign immediately following former President Donald Trump's re-election. “Last night, the people voted to move this country in a new direction, and Chairman Gensler should respect that vote and resign immediately,” ASA President and […]
SEC commissioner Uyeda backs Trump’s plan to end crypto crackdown

SEC Commissioner Mark Ueda talks about the agency's handling of cryptocurrencies on “Morning with Maria.” Republican SEC Chairman Mark Ueda wants to help the Biden administration fulfill President-elect Donald Trump's promise to end the so-called crypto wars, FOX Business has learned. Mr. Ueda has served as a member of the commission since 2022, and told […]
What Gary Gensler Could Still Do Against Crypto in His Remaining Days as SEC Chair – Unchained

The highly unpopular agency chief retains the ability to take various measures, but they can be easily reversed, sources say. President Trump pledged to replace Gary Gensler as SEC chairman on his first day in office. (Related news organizations) Posted on November 6, 2024 at 6:49 PM ET. After Donald Trump achieved a decisive victory […]
SEC Slams Texas With $250,000 Fine After Fans Litter Field With Debris During Defeat To Georgia

It's time for Texas to pay the piper. The Longhorns' loss to Georgia cost them the No. 1 spot in the AP Top 25 poll, but that's not the only thing that has slipped from their grasp. (Related: Oregon retains No. 1 spot in AP Top 25 poll for first time since 2012; Vanderbilt appears […]