Economy and TradingEnergy Policy

Trump Administration’s Equity Stakes in US Companies Raise Legal and Policy Questions

The Trump administration has reportedly begun taking direct equity stakes in American companies, marking a significant shift in government industrial policy. Legal scholars are examining the authority for these investments while economists debate the implications of government as minority shareholder.

Federal Government Takes Novel Approach to Corporate Investment

The Trump administration has reportedly embarked on a new strategy of taking direct equity stakes in American companies, according to recent analysis. This approach represents a departure from traditional government support mechanisms like loans and grants, which have been utilized extensively under the Biden administration through initiatives such as the CHIPS Act and Inflation Reduction Act.

Energy PolicyGovernment

Federal Judge Blocks Trump Administration’s Mass Government Layoffs During Shutdown

A California federal judge has ordered the Trump administration to suspend mass layoffs of federal workers during the ongoing government shutdown. The ruling comes after unions challenged the legality of the job cuts, which reportedly targeted thousands of employees across multiple agencies.

Federal Judge Halts Trump Administration Layoffs During Government Shutdown

A federal judge in California has reportedly blocked the White House administration’s plan to implement mass layoffs of government workers during the ongoing partial government shutdown, according to court documents and Reuters reporting. U.S. District Judge Susan Illston issued the temporary restraining order on Wednesday while she considers legal challenges from federal worker unions.

Energy PolicyGovernment

Supreme Court Signals Potential Voting Rights Act Limitation Amid Multiple National Developments

The Supreme Court’s conservative justices indicated openness to further restricting the Voting Rights Act during oral arguments Wednesday. Meanwhile, the Trump administration authorized covert CIA operations in Venezuela and a federal judge temporarily blocked shutdown-related layoffs.

Supreme Court Weighs Voting Rights Act Limitations

The Supreme Court appeared poised to weaken a key provision of the landmark Voting Rights Act of 1965 during Wednesday’s oral arguments, according to reports from the courtroom. The case centers on whether Louisiana violated the Constitution when it adopted a new electoral map creating the state’s second majority-Black district.