Business

Biden Taps Gensler as chairman of the SEC, Chopra as director of CFPB Bloomberg Biden eavesdrops on Warren Chopra’s ally to lead POLITICO Consumer Bureau Biden to nominate Gary Gensler as SEC commissioner Rohit Chopra to head CNN’s Consumer Financial Protection Bureau Biden chooses Rohit Chopra as NBC News’s leading consumer protection agency Biden expects to elect FTC member Chopra …

Evansville business closure due to pandemic 14 WFIE Evansville News A woman from Evansville has been charged in connection with an accident with 4 Courier & Press cars A head-on collision temporarily blocked traffic on Broadway Avenue 14 News WFIE Evansville Submit: Working garage fire at Evansville Eyewitness News (WEHT / WTVW) Police: Driver unharmed after pillar crash at Evansville …

WASHINGTON – President-elect Joe Biden has elected Rohit Chopra as the next director of the Bureau of Financial Protection for Consumers, two sources told NBC News. Chopra, a member of the Federal Trade Commission, helped launch the agency in 2011 and was previously assistant director. He is an ally of Senator Elizabeth Warren, Massachusetts, who proposed and built the consumer-oriented …

The world’s second-largest economy grew 2.3 percent in 2020 from a year earlier, according to government statistics released on Monday. This is the slowest annual growth rate in China in decades – not since 1976 has the country had a worse year, when GDP fell by 1.6% during social and economic shocks. But a year later, when a crippling pandemic …

China’s economy grew by 6.5% in the fourth quarter of 2020, which is faster than before the coronavirus pandemic, which easily outpaced the expected results of other major countries. Gross domestic product growth for the last quarter exceeded expectations, according to official data released on Monday, with the Chinese economy growing 2.3 percent year-on-year as industrial production continues to boost …

BT is facing a £ 600 million lawsuit over “historic markups” on BBC News BT sued Metro.co.uk “after customer mark-up for fixed telephones” The law firm takes action on behalf of clients of BT Yahoo Finance UK Millions of adult BT customers “owe up to £ 500 in compensation” as the company is accused of having fixed accounts for The …

“We need to repair the damage caused by the last four years of policy: rebuilding a strong Consumer Financial Bureau and building resilience in a financial system with tighter capital and liquidity regulations, for example,” he said in June 2020. Whoever is chosen as the currency controller will struggle with how to reduce the number of people who are excluded …

Gensler and Chopra are allies of Massachusetts Sen. Elizabeth Warren. Currently a member of the Federal Trade Commission, Chopra will return – if confirmed – to the CFPB, where he previously worked as its best observer for student loans. The nomination of Gensler, a former CEO of Goldman Sachs who has become a fierce advocate for tighter regulation of big …

The Trump administration has notified Intel Corp. and other technology companies that revoked licenses to do business with China’s Huawei Technologies Co. and rejected new license applications, Reuters reported on Sunday. The latest move against Chinese technology companies comes just days before Trump left the White House on Wednesday. The United States claims that telecommunications equipment maker Huawei poses a …

Employees working on a production line for dry-type transformers at a power plant in Haiyan, Jiangsu Province in eastern China on January 4, 2021. Stringer | AFP | Getty Images BEIJING – China reported GDP growth of 2.3% last year as the world struggled to curb the coronavirus pandemic. Gross domestic product rose 6.5% in the fourth quarter of a …