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2 weeks ago | 
pennbizreport.com | Tracy Rozens
U.S. President Donald Trump announced on Friday that United States Steel Corp. will keep its headquarters in Pittsburgh as part of a planned partnership with Japan-based Nippon Steel. “This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy,” Trump wrote in a post on Truth Social.
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1 month ago | 
dailyenergyinsider.com | Tracy Rozens
Published on May 05, 2025 by Tracy Rozens The Department of Energy (DOE) said on Friday it tapped former DOE Chief of Staff Alex Fitzsimmons to lead its Office of Cybersecurity, Energy Security, and Emergency Response (CESER), as the agency works to strengthen the U.S. energy system amid growing demand for energy.
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Jan 27, 2025 | 
dailyenergyinsider.com | Tracy Rozens
Published on January 27, 2025 by Tracy Rozens A South Carolina economic development bill that would help meet demand for new energy generation in the state and that is supported by utilities is once again under consideration by lawmakers. “South Carolina is growing beyond its current energy generation capabilities, and we are facing an energy shortage in the state,” South Carolina Rep.
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Jul 2, 2024 | 
financialregnews.com | Tracy Rozens
The Securities and Exchange Commission on June 28 charged Consensys Software Inc., a blockchain software technology company, with failing to register as a broker of crypto asset securities through digital services called MetaMask Staking and MetaMask Swaps. Consensys also was charged with engaging in the unregistered offer and sale of securities.
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Jul 2, 2024 | 
financialregnews.com | Tracy Rozens
The U.S. Treasury Department and the IRS have released final regulations on the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets. The IIJA created reporting requirements, like those that already applied to traditional financial services, to help taxpayers file accurate returns and pay taxes owed under current law. It did not impose any new taxes on digital assets.
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Jun 28, 2024 | 
financialregnews.com | Tracy Rozens
The biggest U.S. banks are favorably situated to manage a major recession and keep above minimum capital requirements, according to the results of the Federal Reserve Board’s annual bank stress test. The annual test, one tool to help ensure that large banks can support the economy during downturns, also showed that big banks would experience greater losses than last year’s test.
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Jun 27, 2024 | 
financialregnews.com | Tracy Rozens
A coalition of business groups, including the U.S. Chamber of Commerce, released a whitepaper this week detailing its concerns with the agenda of the Securities and Exchange Commission (SEC) and offering reforms to restore public confidence in the agency’s role as regulator. The whitepaper makes the case that the SEC doesn’t understand how financial market participants will be impacted by its proposed changes, leading to rules that in some cases will disrupt U.S. capital markets.
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Jun 26, 2024 | 
financialregnews.com | Tracy Rozens
Intercontinental Exchange Inc. said Monday it will launch a clearing service for all U.S. Treasury securities and repurchasing agreements. The clearing service will leverage ICE’s global clearing house for credit default swaps (CDS), ICE Clear Credit, which was founded during the financial crisis in 2009 to bring stability to the CDS market.
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Jun 25, 2024 | 
financialregnews.com | Tracy Rozens
U.S. Sen. James Lankford (R-OK) led several Republican senators last week in urging the U.S. Department of Labor (DOL) to support state unemployment insurance agencies and their efforts to prevent fraud. Sen.
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Jun 25, 2024 | 
financialregnews.com | Tracy Rozens
The Federal Housing Finance Agency (FHFA) on June 21 issued a conditional approval for Freddie Mac to engage in a pilot program to purchase single-family closed-end second mortgages. That conditional approval represented the first time a proposed new product from Freddie Mac or Fannie Mae was published for public comment under the process required by Congress and implemented through FHFA’s “Prior Approval for Enterprise Products” regulation that became effective in April 2023.
