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India

Katanga Johnson

Weakened U.S. consumer watchdog expected to bite back if Biden wins election

6:44am IST

WASHINGTON A decade-long Republican campaign to weaken the U.S. consumer watchdog's independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency's director with a consumer champion, nearly a dozen lawyers, lobbyists and policy experts said.

Factbox: What a Joe Biden win could mean for financial policy

6:37am IST

WASHINGTON While Democratic presidential nominee Joe Biden is unlikely to prioritize a financial industry crackdown if he wins on Nov. 3, he is expected to take a much tougher line than Trump and his former boss President Barack Obama.

Weakened U.S. consumer watchdog expected to bite back if Biden wins election

19 Oct 2020

WASHINGTON A decade-long Republican campaign to weaken the consumer watchdog's independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency's director with a consumer champion, said nearly a dozen lawyers, lobbyists and policy experts.

Factbox: What a Joe Biden win could mean for financial policy

19 Oct 2020

WASHINGTON While Democratic presidential nominee Joe Biden is unlikely to prioritize a financial industry crackdown if he wins on Nov. 3, he is expected to take a much tougher line than Trump and his former boss President Barack Obama.

U.S. Senate to vote this week on 'skinny' pandemic relief bill, PPP funds

18 Oct 2020

WASHINGTON The U.S. Senate will vote on Wednesday on a $300 billion Senate Republican coronavirus relief bill that is far below the estimated $2 trillion that Democrats have demanded.

U.S. Senate to vote this week on 'skinny' pandemic relief bill, PPP funds

18 Oct 2020

WASHINGTON, Oct 17 The U.S. Senate will vote on Wednesday on a $300 billion Senate Republican coronavirus relief bill that is far below the estimated $2 trillion that Democrats have demanded.

SEC reports 700 enforcement actions in fiscal 2020, 'significant' during telework period

08 Oct 2020

WASHINGTON The head of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the agency has brought 700 enforcement actions in the 2020 fiscal year, a 'significant' amount after March 15.

U.S. indicts anti-virus software creator John McAfee for tax evasion

06 Oct 2020

Federal prosecutors unsealed an indictment on Monday against John David McAfee, creator of the eponymous anti-virus software, over charges that he evaded taxes and willfully failed to file tax returns. | Video

Asian shares set for bouncy session after Wall Street gains, weak dollar

01 Oct 2020

WASHINGTON Asian equities were poised for a bouncy session on Thursday after U.S. stocks posted a second consecutive quarter of gains and safe-haven assets, including the dollar, were mixed.

U.S. charges former Amazon manager and her family members with insider trading

29 Sep 2020

WASHINGTON The Securities and Exchange Commission on Monday charged a former finance manager at Amazon.com, Inc. and two of her family members with insider trading in advance of the company's earnings announcements between January 2016 and July 2018.

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