March 27, 2017

An Obama-era regulation seeking to reduce carbon pollution and slow global temperature increases is next on the chopping block for the Trump administration. Environmental Protection Agency head Scott Pruitt told ABC News over the weekend that the President will sign an executive order Tuesday to dismantle the Clean Power Plan. The order will “address the past administration’s effort to kill jobs across this country through the Clean Power Plan,” Pruitt said. He added that the move is “about making sure that we have a pro-growth and pro-environment approach…

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A former top financial regulator who served under President Obama has warned that there is “a massive amount of misconduct” that goes unpunished in derivatives markets. Ex-Commodity Futures Trading Commission enforcement chief Aitan Goelman told Reuters on Friday that the body lacks the means to ferret out malfeasance, in the era of computerized trading. “We could do a lot more manipulation cases. We have all these new enforcement tools and this vastly expanded jurisdiction and data,” Goelman said. “But you have to be acutely conscious…

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