Valero shutters Benicia refinery, hundreds lose jobs, $82M fine cited amid environmental and regulatory pressures

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 costs, strict California regulations, and ongoing environmental violations, including a recent $82M fine and lawsuit …

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Biden’s Regulatory Spending Rockets to Nearly Obama-Era Levels in Just ONE Week

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 climate change initiatives, has sparked concerns about fiscal responsibility and government overreach. Despite creating fewer …

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Hidden in the Spending Bill – Justice Department Announces the New Government Regulatory Group to TRACK ALL GUN OWNERS… (and take their guns)

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 a threat right? Justice Department Launches the National Extreme Risk Protection Order Resource Center 🔗: …

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The China Securities Regulatory Commission (CSRC) vowed on Monday to strictly punish market manipulation and malicious short selling

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, 2024 The China Securities Regulatory Commission (CSRC) vowed on Monday to strictly punish market manipulation …

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New York Community Bank (NYCB) Stock Plummets 40% on Earnings Shock: Dividend Slashed, Q4 Loss, and Looming Regulatory Pressures…

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 exposure to commercial real estate loans. 70% of all CRE loans in the US are …

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Robo Feds: Securities and Exchange Commission SEC Will Use AI for ‘Market Surveillance’ and Regulatory Oversight

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 using AI to monitor financial markets and aid in various enforcement investigations. This marks a …

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“These vulnerabilities will remain for some time.” Fitch Ratings lowered the operating environment score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening & gaps in in the regulatory framework.

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 the regulatory framework. The lowering of the OE score did not negatively affect the ratings …

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Another Disinformation Bureau: Elizabeth Warren, Lindsey Graham introduce bill to establish NEW FEDERAL regulatory commission to POLICE Big Tech

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 amend the 1914 antitrust law known as the Clayton Act to create “an independent, bipartisan …

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Federal Reserve Alert! Upcoming 6-Month Regulatory Plans Focus on Strengthening Support from Big Bank Companies–Looks Like the Fed is Revisiting Stalled Dodd-Frank Required Rules from 2017 & 2017?

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 rule, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, wants bank …

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Fed Vice Chair for Supervision will pursue multiple regulatory initiatives saying the recent bank failures underlined the need for regulators to bolster resilience in the system.

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 from the industry. In a widely-anticipated speech, Fed Vice Chair for Supervision Michael Barr said …

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Warning of Upcoming Regulatory Siege: Get Out of Crypto Platforms Now!

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 are high-risk, perilous, and inherently unsafe” and recommends investors exit all crypto exchanges. Former SEC …

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Six federal regulatory agencies today requested PUBLIC COMMENT on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In particular, the proposed rule would implement quality control standards for automated valuation models (AVMs).

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 integrity of valuations. The proposed standards are designed to ensure a high level of confidence …

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