The FinTech Hub
Source: The Verge Two members of Elon Musk’s Department of Government Efficiency (DOGE) were spotted at the Federal Trade Commission (FTC) this week, sources tell The Verge. Gavin Kliger and Emily Bryant were seen in the building and are now listed in the FTC’s internal directory under the Office of the Chairman with their own…
Source: The Verge Sarah Wynn-Williams, the ex-Meta employee who authored Careless People, will testify before a Senate Judiciary subcommittee next week. On Wednesday, Senator Josh Hawley (R-MO) said Wynn-Williams will address Facebook’s “cooperation with the Communist regime in China, including FB’s plan to build censorship tools.” Careless People provides Wynn-Williams’s account of her time as…
Source: The Verge General Timothy Haugh, the director of the National Security Agency and US Cyber Command, was fired on Thursday, according to a report from The Washington Post. His removal reportedly occurred just one day after right-wing activist Laura Loomer pushed for his firing during a meeting with President Donald Trump. Wendy Noble, the…
Source: The Verge China has responded to Donald Trump’s new trade tariffs with its own charges on US imports. After Trump announced the imposition of an additional 34 percent charge on Chinese imports into the US, China has announced a levy at the same rate for US goods shipped to China. In a statement announcing…
Source: The Verge The card grading service PSA will no longer take direct submissions from outside the US in response to the Trump administration’s new far-reaching tariffs. In an update on Wednesday, PSA says it’s “reluctantly taking these measures to protect our international customers from significant tariff expenses.” As noted by PSA, the tariffs are…
Source: The Verge Fiber internet providers are worried they won’t see the funds promised under a Biden-era initiative that would bring reliable internet service to rural areas. Louisiana fiber internet provider Cajun Broadband was granted $33 million as part of the plan, but the “money isn’t flowing” and concerns are growing over whether the new…
Source: The Verge In February, the Trump administration moved to get rid of a little-known rule that allows US consumers to avoid tariffs on low-value packages. The de minimis exemption meant that packages valued under $800 could enter the US duty-free, and shoppers — as well as retailers — relied on the exemption regularly, even…
Source: The Verge Democrats are calling on Treasury Department and General Services Administration watchdogs to investigate a Department of Government Efficiency (DOGE) employee’s access to sensitive data. In a letter to Deputy Inspectors General Loren Sciurba and Robert Erickson, Reps. Lori Trahan (D-MA), Suzan DelBene (D-WA), and Shontel Brown (D-OH) say the probe should address…
Source: The Verge As the US government launches investigations and threatens to pull federal funding, some elite universities have decided to take the path of least resistance. Colleges across the country have responded to the Trump administration’s attacks on diversity programs and student protesters by complying with these “anti-woke” witch hunts. In recent weeks, university…
Source: The Verge At an event in the Rose Garden on Wednesday, Donald Trump unveiled a new set of planned tariffs that are being described as “short-sighted,” and having “no basis in logic,” and being compared to Great Depression-era policies. Holding a giant poster board blowing in the wind, Trump announced staggering new taxes on…
