The case went forward, but the unusual request has contributed to a growing sense of unease inside the agency’s enforcement division, according to people familiar with the matter.
The US Securities and Exchange C (SEC) is downsizing and rebranding its crypto enforcement unit, signaling a shift away from its aggressive crackdown on the industry. Once nearly doubled under former SEC Chair Gary Gensler,
The Justice Department has announced it is dropping an investigation of Elon Musk’s company SpaceX. In 2023, the DOJ sued SpaceX for routinely discouraging asylum recipients and refugees from applying for jobs.
Uyeda’s request came shortly before the SEC met behind closed doors to vote on whether to follow the enforcement staff’s recommendation to sue Musk in a case related to his acquisition of the social media platform Twitter in 2022,
Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.
Conservatives cite her account to spread misinformation about federal agencies. DataRepublican has worked at a tech firm that’s battled the CFPB.
The SEC is of particular note for Musk, who has repeatedly battled with the agency and is still fighting with it today.
NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission plans to lay off the top leaders at regional offices across the country as part of its cost-cutting recommendations to the Trump administration, according to two sources familiar with the matter.
DOJ’s 2023 complaint alleged that from 2018 to 2022, SpaceX blocked asylum recipients and refugees from jobs by saying in job postings and public statements that it could only hire U.S. citizens and lawful permanent residents because of U.S. export control laws.
Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates that reverberate throughout the US economy.
The U.S government watchdog, overseen by Elon Musk, is seeking reports on SEC inefficiencies, sparking debate within the crypto industry The United States Department of Government Efficiency (D.O.G.E.