President Trump fires the FTC's two Democratic members, threatening the regulatory body's independence in a decision that is likely to face a legal challenge
The decision to fire the two members of the traditionally independent regulatory body is likely to face a legal challenge.
US Treasury Secretary Scott Bessent orders the CFPB to stop activities, like rulemaking, communications, and litigation; in November, Musk said to “delete CFPB”
Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
Donald Trump fires Consumer Financial Protection Bureau Director Rohit Chopra, one of the more important regulators and holdovers from the Biden administration
President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.
Sources: the US Office of Personnel Management's highest ranks are now controlled by former employees of Elon Musk's companies, like xAI and the Boring Company
Sources tell WIRED that the OPM's top layers of management now include individuals linked to xAI, Neuralink, the Boring Company, and Palantir.
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more
- Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast.
The IRS plans to offer a free, “mobile-friendly, interview-based” direct e-filing option for 13 US states in 2024, for taxpayers with simpler tax situations
The move deals a blow to decades of effort by Intuit and other tax-prep software vendors to stop government e-filing efforts.
The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation
Britain's competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation.
A look at review-bombing campaigns on Goodreads that can derail a book's publication long before its release, frustrating both new and established authors
New York Times :
Sources: the SEC is probing if Binance properly disclosed to consumers the relationship between its US arm and two market makers with ties to Binance's founder
Sigma Chain and Merit Peak. Former execs say, as of last year, CZ controlled both firms. https://www.wsj.com/... Joshua Benton / @jbenton : New part-owner of @Forbes —> https://www...
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers
it has been a long time coming. In other news, anyone looking to buy my shares of LendUp? Rohit Chopra / @chopracfpb : We will be working to provide redress to borrowers cheated by...
Crypto critic Saule Omarova, who was Biden's pick to lead the OCC, withdraws her name from consideration following Senate fights over her background
Bloomberg :
US contract lawyers say remote work surveillance programs that use facial recognition have become widespread in the industry
The system deployed by her job doesn't read her face or the hair that grows out of her head as human. And her employer dismisses it as a “minor technical issue.” https://www.washin...
Medium offers buyouts to everyone on its editorial staff, as it shifts focus from its own publications to supporting independent writers on its platform
After what workers describe as a successful union-busting campaign, Ev Williams has announced to journalists who work for him that they should feel free to go.
In a lawsuit by CA's AG, judge issues a preliminary injunction ordering Uber and Lyft to classify their drivers as employees, paused for 10 days for appeals
- Ride-hailing companies ordered to comply with state law — San Francisco judge pauses preliminary injunction for appeal