A hub for independent voices and hard truths
Hundreds of Valero layoffs begin in California as company idles major refinery #MacroEdge — MacroEdge (@MacroEdgeRes) January 15, 2026 Are California’s regulations killing energy jobs faster than companies can adapt? Valero is idling its Benicia refinery due to high operational …
The United States Secretary of the Treasury Scott Bessent just ended his speech this morning saying, “We will take a close look at regulatory impediments to blockchain, stablecoins, and new payment systems” it's coming https://t.co/awcDefXSVh — Polly St. George (@FringeViews) …
In a jaw-dropping display of regulatory spending, the Biden administration allocated a staggering $875.3 billion in just one week, coming dangerously close to surpassing President Obama’s total regulatory expenditure over two terms. This unprecedented surge in spending, driven primarily by …
Someone should have read the bill before signing it. Biden DOJ launches new center to promote track all gun owners to determine if they’re a threat, and then take their guns. You know who’s going to be determined to be …
After nearly a year of frantic lobbying and debate, the EPA has finalized strict new rules on vehicle emissions that will push the auto industry to accelerate its transition to electric vehicles. The EPA expects that under the new rules, …
The China Securities Regulatory Commission (CSRC) vowed on Monday to strictly punish market manipulation and malicious short selling, in a bid to promote the healthy and stable development of the Chinese stock market. https://t.co/kxKN0hMawK — Global Times (@globaltimesnews) February 5, …
This is deeply concerning! New York Community Bank’s 40% stock drop, dividend cut, and unexpected loss signal potential trouble. Small banks remain vulnerable, especially with the looming Fed’s emergency loan program expiration. Many of these small banks hold tons of …
The Securities and Exchange Commission (SEC) is embracing AI technologies to enhance “market surveillance” and assist in enforcement investigations. The Wall Street Journal reports that in a recent Senate hearing, SEC Chair Gary Gensler revealed that the agency is actively …
by Dismal-Jellyfish https://www.fitchratings.com/research/banks/further-cut-to-us-bank-oper-environment-score-would-require-structural-change-17-08-2023 Fitch Ratings-New York-17 August 2023: Fitch Ratings lowered the operating environment (OE) score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening and gaps in in …
Sens. Elizabeth Warren, D-Mass., and Lindsey Graham, R-S.C., introduced legislation Thursday to establish a new federal regulatory commission made up of presidential nominees to “rein in Big Tech.” The bill, dubbed the Digital Consumer Protection Commission Act of 2023, seeks to …
by Dismal-Jellyfish https://public-inspection.federalregister.gov/2023-14556.pdf Prerule Stage: SOURCE OF STRENGTH (SECTION 610 REVIEW): Purpose: The Federal Reserve, along with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), is working on a proposed rule. What It’s About: This …
WASHINGTON, July 10 (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital requirements for the nation’s largest banks in the wake of recent bank failures, a move that was immediately met with criticism …
via bitcoin: John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms …
by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230601a1.pdf Under the proposed rule, the agencies would require institutions that engage in covered transactions to adopt policies, practices, procedures, and control systems to ensure that AVMs adhere to quality control standards designed to ensure the credibility and …