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Rohit Chopra is expected to be the choice for Biden to lead the CFPB, Gary Gensler as SEC Commissioner nominee

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 …

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At the parting, the Trump administration revoked the licenses to do business with Huawei: report

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 …

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release of the fourth quarter, GDP for the whole year 2020

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 …

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Biden eavesdrops on Warren Chopra’s ally to run the Consumer Bureau

Biden’s team declined to comment on the transition. The confirmation process is likely to be difficult, with Democrats closely controlling only the Senate. The CFPB, Warren’s imagination, has long been a favorite target of Republican lawmakers who have outlined the agency’s strict regulations as an excessive leader. They also opposed the way it was set up, with a single-director system …

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Parler CEO John Matze says the platform will welcome users “soon” in the new status update

Stagwell Group President and Managing Partner Mark Penn is discussing a proposal to encourage President-elect Joe Biden and censorship on social media. Parler reappeared online with a status update Sunday night from CEO John Matze to alternative social media “lovers and haters,” noting that the company plans to welcome its users “soon.” “Hey, is this thing on?” Mace writes. “Now …

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Hiland Dairy issues a withdrawal of chocolate milk produced at the Norman facility; can cause illness

Hiland Dairy has issued a recall of half a pint of 1% low-fat chocolate milk produced at its Norman facility after the company said some products may contain food disinfectants that can cause disease if consumed. release, the affected products were sold and distributed to institutional users in the following areas: Oklahoma City Oklahoma City Metro West Oklahoma Dallas San …

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Virgin Orbit launches 10 orbit satellites in a test flight

Virgin OrbitThe name is no longer purely ambitious. The California company Launcher One rocket reached orbit today (January 17) on its second test flight, a mission called Launch Demo 2. And that’s not all: The rocket also successfully uses 10 small cubes that flew through NASA’s NASA nanosatellite education program. “The payload has been successfully deployed in our target orbit! …

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