Latest in Funds Revoked
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SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.CNBC - 3h -
US Covid adviser Fauci has his security protection revoked by president
The former top US health official has faced death threats since leading the country's COVID-19 response.BBC News - 5h -
Bloomberg charity to cover UN funds revoked with Paris Agreement withdrawal
Businessman and former New York Mayor Michael Bloomberg said this week his philanthropic foundation will contribute the U.S.’s financial obligations under the Paris Climate Agreement to the United ...The Hill - 1d -
Trump revokes executive order banning discrimination in federal contracting
In a memo, the White House said the decades-old order had undermined "our national unity."NBC News - 2d -
Trump explains why he revoked Bolton's security clearance
President Trump on Tuesday explained why he revoked former national security adviser John Bolton’s security clearance. “I think there was enough time. We take a job, you take a job, you want to do ...The Hill - 3d -
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Trump officials revoke policy that barred ICE arrests near schools, churches
The Trump administration revoked a Biden-era policy that prohibited ICE arrests at or near schools, places of worship and other "sensitive locations."CBS News - 3d -
The Laken Riley Act is a good start, but it needs funding
Congress to provide the government with the funds it needs to enforce the mandatory detention provisions in the Immigration and Nationality Act.The Hill - 3d -
Trump moves to revoke clearances for officials who signed Hunter Biden letter
The action was part of a slew of measures signed by President Trump hours after he was sworn in.CBS News - 3d -
Trump revokes Biden-era order allowing transgender members to serve in military
President Trump on Monday, in his first executive order, revoked dozens of Biden-era actions, including one that allowed members of the transgender community to serve in the military. In a signing ...The Hill - 3d -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - 5d -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - 5d -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 6d -
RFK Jr. petitioned FDA in 2021 to revoke authorization of all COVID vaccines
RFK Jr. petitioned the FDA in 2021 to revoke authorization of all COVID vaccines.ABC News - Jan. 17 -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
Italy's justice minister seeks to revoke the arrest of an Iranian based on a US warrant
Italy’s justice minister has asked an appeals court to revoke the arrest of an Iranian citizen wanted by the U.S. over a drone attack in Jordan that killed three Americans a year agoABC News - Jan. 12 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Trump says he will revoke Biden offshore drilling ban on first day in office
An order by Trump attempting to reverse the ban will likely end up in court and could ultimately be struck down.CNBC - Jan. 7 -
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Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1