House Republicans Vote to Kill the CFPB’s $5 Overdraft Fee Cap
The House also voted to repeal a CFPB rule giving it oversight of Big Tech’s forays into payment services, a potential boon to X Money.
Trump administration
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Peter Thiel Ally in Line to Oversee Drug (De-)Regulation
Jim O’Neill, Trump’s pick to be deputy secretary of HHS, criticized the FDA's drug approval process as overly cautious while directing a Thiel-founded VC firm that invests in biotech companies.
Republicans Push SAVE Act Vote, Potentially Disenfranchising Millions
The bill is being applauded by the Heritage Foundation and “dark money”-funded groups tied to Leonard Leo.
Trump-Tied Lobbying Firms Rake in Hundreds of New Clients
Since the 2024 election, firms founded by Trump campaign bundlers, like Ballard Partners and Miller Strategies, are seeing a rush of new corporate clients.
Tesla Gets a Recharge From Trump’s Auto Tariffs
Auto industry analysts say Tesla, which is losing market share in EVs, stands to win from Trump's 25% tariff plan on foreign-made cars.
Corporate Law Giant Paul Weiss Caves to Trump
The law firm, which has defended ExxonMobil in climate lawsuits and Google in antitrust actions, agrees to $40 million in pro bono legal services for Trump and to jettison DEI in hiring.
Schumer Surrenders On Air
The highest-ranking elected Democrat said that he will wait for President Trump to defy the Supreme Court before taking stronger action.
Huckabee Keeps Stake in Company Paid by Qatar Amid Israel Ambassador Role
The consulting company was paid $50,000 in 2017 by a foreign agent of Qatar as part of a junket for American Jewish leaders.
SEC Drops Coinbase Lawsuit Following $1 Million Donation
The decision hands a win to Coinbase, a Trump inauguration donor, ending a case that the crypto company was operating an unregistered securities exchange.
Pentagon Eyes Moving Money to 'Trump's Priorities'
In a statement yesterday, the Pentagon said it would move $50 billion in next year's budget toward “programs aligned with President Trump’s priorities.”