lobbying

Freddy Brewster / Los Angeles Times: A look at Sam Bankman-Fried's US lobbying, seeking to make CFTC, not SEC, oversee crypto markets and change how commodity futures markets operate in the US — In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. Freddy Brewster / Los Angeles Times: A look at Sam Bankman-Fried's US lobbying, seeking to make CFTC, not SEC, oversee crypto markets and change how commodity futures markets operate in the…

Tesla has disclosed that it is lobbying the Ontario government for a potential new factory in Canada. The new lobbying effort comes after several hints from Tesla CEO Elon Musk in regards to building a Gigafactory in the country. In June, Electrek obtained a recording of a companywide meeting held by Musk, during which he confirmed that Tesla is looking at sites in North America and the CEO hinted to Canada. Musk did it again at Tesla’s annual shareholders meeting last week. Now Electric Autonomy Canada reports a…

Senate Democrats are poised to raise taxes on a key source of private-equity managers’ income, capping a 15-year quest to close what many lawmakers see as an egregious gap in the tax code.The tax increase on carried-interest income, which is tied to the performance of investments when they are sold, had seemed dead until late Wednesday. But then Sens. Joe Manchin (D., W.Va.) and Chuck Schumer (D., N.Y.) included it in a last-minute deal that the Senate could pass as soon as next week. It’s…

Volvo Cars announced plans to leave the European Automobile Manufacturer’s Association (ACEA) by the end of 2022, citing differences between the long-standing lobby’s zero-emission strategy and its own. Volvo Cars Corp. is a global automaker headquartered in Torslanda, Sweden, and owned by Chinese conglomerate Geely Holding Group. In recent years, Volvo has helped lead by example, making large strides in electrification and carbon neutrality across its various marques and production processes. It has also already…

Thousands of leaked confidential files reveal a treasure trove of sketchy and unlawful behavior from Uber. The Uber Files, which were originally shared with The Guardian and the International Consortium of Investigative Journalists, show a company that has knowingly broken laws, gone to extreme lengths to avoid justice, secretly lobbied governments, received aid from top politicians and exploited violence against drivers to drum up business. The damning leak of more than 124,000 documents, now known as the Uber…

A trove of internal Uber documents leaked to The Guardian and shared with the International Consortium of Investigative Journalists (ICIJ), as well as dozens of other news outlets, outlines its strategies for global expansion — even if the company had to bend some rules. The leak, collectively dubbed the Uber Files, consists of over 124,000 documents spanning the period between 2013 and 2017. Uber has since responded to the leak in a post on its website, stating it “moved from an era of confrontation to one of…

Crypto may be on the downfall right now, but experts are still warning against its lobbying influence. Photo: Kin Cheung (AP)A group of technology experts is trying to warn the government of the dangers of the crypto industry. In a letter to U.S. policy makers, 26 computer scientists and engineers called on lawmakers to block efforts to create a ‘regulatory safe haven’ for cryptocurrency. They want leaders in Washington to instead focus on what they’re calling ‘responsible fintech policy.’“The claims that the blockchain…

Scott Chipolina / Financial Times: A group of 26 leading computer experts urge US lawmakers to resist crypto lobbying efforts, calling crypto financial instruments “risky, flawed, and unproven” — Computer scientists and academics target US lawmakers in effort to counter well-financed lobbying efforts Scott Chipolina / Financial Times: A group of 26 leading computer experts urge US lawmakers to resist crypto lobbying efforts, calling crypto financial instruments “risky, flawed,…

Credit: Pixabay/CC0 Public Domain Has the World Health Organization become collateral damage in the wars over global commerce? Producers of such products as commercial milk formulas, processed foods, alcoholic beverages, pharmaceuticals and electronic gaming software have been ramping up efforts to influence United States policy toward the WHO. This, University of California, Davis researchers suggest in a new paper,…

Breadcrumb Trail Links World News U.S. Justice Department's civil suit alleges it had advised Wynn in 2018, 2021 and April 2022 to register as an agent of China under FARA but he declined to do so Author of the article: Publishing date: May 17, 2022  •  11 minutes ago  •  2 minute read  •  Join the conversation Then-U.S. President Donald Trump speaks with casino developer Steve Wynn on April 6, 2019. Photo by Kevin Lamarque/Reuters/File Article content WASHINGTON — The U.S.…