Banks and credit card companies are looking at ways to pinpoint gun purchases via their payment systems in what could be the first step in restricting purchases of guns. The Wall Street Journal, citing people familiar with the discussions, reported the talks are in the...
Alibaba’s Chief Executive Jack Ma warned in an op-ed in The Wall Street Journal on Wednesday (April 11) that a trade war between the U.S. and China would harm all parties involved. In the opinion piece, Ma said that while he has been encouraged by the...
The trade war may be downsized to a skirmish that maybe won’t even be waged. Or, you could say the other side blinked, a little. And sometimes blinking eyes mean fewer teary eyes down the road. In news that stretched into Tuesday morning, Chinese President...
Another member of the GOP has announced he won’t seek re-election in 2018. This time it’s Rep. Jeb Hensarling, who will retire from Congress at the end of his term as chairman of the House Financial Services Committee. According to news from CNBC, the 60-year-old...
Operation Choke Point has been choked off. According to various sources (including Fox News), the Trump administration’s Justice Department has decided to shut down Operation Choke Point, the controversial program that sought to curtail credit access and thus eCommerce activity for some industries, notably gun dealers...
In the midst of tense Senate Intelligence Committee testimonials about Russia’s involvement with the U.S. election, there are talks circulating of the two countries working together to form a cybersecurity working group to combat the plethora of cybercrime and fraud cases stemming from online hackers....
In a move that partially remakes the Federal Reserve — or at least its purview over regulations that affect the financial industry — President Donald Trump has nominated Randal Quarles to be the head of regulation governing big banks. The bank regulator position, formally the vice chair...
Deutsche Bank received a letter from a group of Democrat senators Thursday (May 24) requesting information on two internal reviews the financial services company conducted about Russia and President Donald Trump. In a press release issued Thursday, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee...
President Donald Trump signed an executive order Monday (May 1) in which a new technology council will be created to modernize the information technology systems of the government. According to a report in Reuters, the White House confirmed the executive order, saying around twenty technology chief...
