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Reviving an old idea, Biden seeks to unlock bipartisan infrastructure deal


Reviving an old idea, Biden seeks to unlock bipartisan infrastructure deal
CNN
1 hr ago
Analysis by John Harwood, CNN
© NICHOLAS KAMM/AFP/Getty Images
US President Joe Biden (3rd R) and US Vice President Kamala Harris (L) meet with members of Congressional Leadership, including Senate Majority Leader Chuck Schumer (R), Speaker of the House Nancy Pelosi (2nd R) and Senate Minority Leader Mitch McConnell, to discuss policy areas of mutual agreement, in the Oval Office of the White House in Washington, DC, on May 12, 2021.
Walter Mondale, who passed away last month, hit an electoral buzzsaw after promising to raise taxes in his 1984 presidential campaign. His party learned fast. ....

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Gensler confirmed as top Wall Street cop, bringing new era of tough scrutiny


POLITICO
Gensler confirmed as top Wall Street cop, bringing new era of tough scrutiny
Gary Gensler will lead work on new federal regulations that would require companies to disclose their contributions and exposure to climate change.
Gary Gensler testifies before the Senate Banking Committee in Washington, D.C. | Chip Somodevilla/Getty Images
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The Senate on Wednesday confirmed Gary Gensler to lead the Securities and Exchange Commission, putting in place a battle-tested Wall Street watchdog at a moment when Democrats are looking to rein in financial market risk.
The Senate confirmed Gensler in a 53-45 vote. The MIT professor and former Goldman Sachs partner is returning to government after serving as a top regulator in the Obama administration, when he cracked down on big bank trading activities that fueled the 2008 global financial crisis. ....

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Biden Administration & ESG Regulations: SEC, DOL, EPA


Tuesday, February 16, 2021
As the Biden Administration settles in and begins to appoint its designees to key executive and administrative agencies, a series of policy objectives are coming into focus.  Chief among them is expanded attention and regulation in the ESG space regarding environmental, social and governance issues at American businesses. In this post, we survey the expected direction of these initiatives at, for example, the SEC, Department of Labor, and EPA.
Securities and Exchange Commission
As has been widely reported, President Biden has nominated Gary Gensler to be the next chairman of the Securities and Exchange Commission.  After becoming one of the youngest partners at a leading Wall Street investment bank, Gensler transitioned into government service as a senior official in President Clinton’s Treasury Department and as the chairman of the Commodity Futures Trading Commission (CFTC) under President Obama.  While at the CFTC, Gensler ....

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