All President Trump articles – Page 4
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Blog
Trump signs into effect new Space Policy Directive
President Trump this week signed and enacted new policies for modernizing and streamlining the regulatory climate for companies involved in private space exploration and commerce, including rocket launches and satellite placements.
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President signs into law Dodd-Frank relief for community banks
On Thursday, President Trump signed a bipartisan bill, the Economic Growth, Regulatory Relief, and Consumer Protection Act, easing the Dodd-Frank Act’s regulatory burden on community banks.
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One small step: Efforts under way to make outer space more business-friendly
As is the case in other industries, plans are afoot to ease the regulatory burdens and confusion surrounding space-based enterprises.
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FDA will publicly scold drug companies that try to derail generics
The FDA’s new tactic for driving down prescription drug costs: publicly shaming them by “shining a light on situations where drug makers may be pursuing gaming tactics to delay generic competition.” Drug companies that try to scuttle generic competition will be named on the FDA’s Website.
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Dem Senators grill CEOs over payments to Trump attorney
A team of Senate Democrats is demanding answers and information from two companies that paid President Trump's personal attorney Michael Cohen “substantial payments” through a shell company while both had business pending before the administration.
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Trump tweet hints at ZTE deal with China
Posting on Twitter, President Trump suggested that he might back down from a U.S. ban affecting ZTE, a Chinese-owned technology company that was caught selling American-made parts to Iran.
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ArticleWhite House throwing support behind AI
At a day-long summit convened by the White House last week, tech industry leaders were promised support funding and outreach regarding the development and implementation of artificial intelligence.
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Trump lawyer’s woes provide lesson for compliance officers
New accusations against one of President Trump’s lawyers should prompt savvy compliance and risk officers to pursue a reinvigorated strategy for Bank Secrecy Act procedures and anti-corruption efforts.
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Court order blocks delay of fuel efficiency standards penalty rule
A federal court has blocked the Trump administration’s delay of a rule that updates the penalties assessed to automakers for non-compliance with federal fuel efficiency standards.
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DoJ: Seized Website was a hotbed of sex, trafficking, money laundering
The Justice Department this week seized backpage.com, an online forum for prostitution ads, including those related to child trafficking. Days later, President Trump signed into law a bill that carves away one-time legal protections for such sites.
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Trump's new tariffs could trigger trade war with China
In response to what the White House views as China’s unfair trade practices, the Office of the U.S. Trade Representative has announced a list of products that could be subject to additional tariffs. China has countered with a list of its own.
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A mixed assessment of steel, aluminum tariff plan
President Trump’s plan to impose tariffs on imports of steel and aluminum is drawing a wide range of domestic reactions, from joy to outrage, and skepticism that global surcharges could spark a trade war without truly targeting the problem of Chinese over-production.
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Powell takes charge as Fed’s chairman of the Board of Governors
On Feb. 5, Jerome H. Powell took the oath of office as chairman of the Board of Governors of the Federal Reserve System, succeeding Janet L. Yellen. His term as chairman is four years.
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White House imposes tariffs on washing machines, solar panels
President Trump executed on his “America First” doctrine this week by declaring new tariffs on imported solar panels and washing machines. Critics fear the move is an opening salvo to a trade war with China.
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St. Thomas Moore’s influence on the recast CFPB
The reshaping of the CFPB at the hands of Acting Director Mick Mulvaney continued this week: In an “all hands” memo, Bureau employees were prepared for a philosophical readjustment.
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Goodbye CFPB; it was fun while it lasted.
Slowly but surely, those critics of the Consumer Financial Protection Bureau’s are close to winning their battle, aided by efforts to dismantle the agency from within.
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Trump, once again, voices support for bank deregulation
Speaking at the White House this week, President Trump once again trumpeted the need for even more bank deregulation, especially rules that may impede lending.
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The China conundrum: balancing risk and reward
From White House intervention to tough new cyber-security laws, doing business in China is becoming even more difficult for U.S. companies.
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MoneyGram merger is latest casualty of CFIUS, Chinese trade battle
MoneyGram and Ant Financial Services Group, an affiliate of China-based Alibaba, have mutually agreed to terminate their planned merger due to their rejection by the Committee on Foreign Investment in the United States. The rejection is the latest effort by the Trump Administran to curb corporate dealmaking with Chinee entities.
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Treasury releases third report on regulatory overhaul
The Treasury Department has released its third report of regulatory recommendations, this time looking at the framework for the asset management and insurance industries.