business
Donald Trump’s choice to lead HUD has a history of voting against protections for poor tenants. And Trump’s choice to lead the IRS once pushed to abolish the agency entirely.
Revisit ProPublica’s reporting on some of Trump’s key appointees:
https://www.propublica.org/article/donald-trump-appointments-cabinet-propublica-reporting?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #Government #Housing #Tax #Environment #Business #Health
How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis
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Leaders of the Alaska Permanent Fund, which pays residents annual dividends and finances government services, wanted to invest in Alaska companies. There were warning signs ahead of the bet on Peter Pan Seafood, which cost Alaskans $29 million.
#News #Alaska #Fishing #Seafood #Investment #Business #Finance
The One That Got Away: This Small Town Is Left in Limbo After Betting Big on GMO Salmon
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AquaBounty GMO salmon was going to be the future of fish — and the future for one Ohio village that offered incentives to make a new facility happen. But years after breaking ground, there are no fancy fish tanks. No designer fish. No new jobs.
At least 38 DOGE members work, or have worked, for one of Elon Musk’s companies.
Meanwhile, nearly two dozen DOGE officials are making cuts to the same federal agencies that regulate the industries that employed them.
For years, a Connecticut towing company got to cut the line at the DMV in exchange for selling towed cars at deep discounts, according to a DMV report, allowing one DMV employee to resell them for steep profits.
How Elon Musk’s SpaceX Secretly Allows Investment From China
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As a U.S. military contractor, SpaceX sees allowing Chinese ownership as fraught. But it will allow the investment if it comes through secrecy hubs like the Cayman Islands, court records say. “It is certainly a policy of obfuscation,” an expert said.
https://www.propublica.org/article/elon-musk-spacex-allows-china-investment-cayman-islands-secrecy?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Fend for Yourself: Under Trump, Consumer Protection Bureau’s Probes of Big Tech and Finance Firms Freeze Up
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Companies may avoid consequences for alleged wrongdoing as the Consumer Financial Protection Bureau drops lawsuits against Capital One and Rocket Homes and pauses investigations into Meta and others — including providers of medical credit cards.
#News #Consumer #Business #Law #Meta #Tech #Trump #DOGE #Musk
Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program
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A little-known firm with investors linked to JD Vance, Elon Musk and Trump could get a piece of the federal expense card system — and its hundreds of millions in fees. “This goes against all the normal contracting safeguards,” one expert said.
#News #Trump #Vance #Thiel #Musk #Investment #Business #Government #USPolitics
As you will know if you've been reading my posts for a while, I am often annoyed by Britain's rubbish management.... so here are some are 'hard truths' for managers (courtesy of Tréasa Fitzgibbon - LinkedIn)
Politically Connected Firms Benefit From Trump Tariff Exemptions Amid Secrecy, Confusion
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The administration’s lack of transparency about tariff exemptions has experts concerned that some firms might be winning narrow carve-outs behind closed doors. “It could be corruption, but it could just as easily be incompetence,” one lobbyist said.
https://www.propublica.org/article/trump-tariffs-exemptions-pet-lobbyists-asbestos-confusion-secrecy?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #Tariffs #Economy #USPolitics #Business #Industry