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Regulatory/Antitrust

Latest regulatory/antitrust news and updates

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US Jobless Rate Uptick May Be Insignificant, CEA’s Yared Says

Pierre Yared, acting chair of the White House Council of Economic Advisers, reacts to the November jobs report on "Bloomberg Open Interest.

Pierre Yared, acting chair of the White House Council of Economic Advisers, reacts to the November jobs report on "Bloomberg Open Interest." Nonfarm payrolls increased 64,000 in November after declining 105,000 in October, according to Bureau of Labor Statistics data. The unemployment rate was 4.6% last month, up from 4.4% in September. (Source: Bloomberg)
Bloomberg Politics • Dec 16, 3:01 PM
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UK Has Second Go at Planning Reform as Housebuilding Stalls

The UK Government is bolstering its housebuilding deregulation with a second update to the national planning policy framework, as Labour risks falling well behind on the house building target at the heart of its election pledges.

The UK Government is bolstering its housebuilding deregulation with a second update to the national planning policy framework, as Labour risks falling well behind on the house building target at the heart of its election pledges.
Bloomberg Politics • Dec 16, 2:49 PM
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Judges Are Getting Fired as Trump Pursues Immigration 'Purge'

The Trump administration is slashing the ranks of immigration judges in a drive to extend its broader crackdown to the administrative courts where they serve and speed up deportations.

The Trump administration is slashing the ranks of immigration judges in a drive to extend its broader crackdown to the administrative courts where they serve and speed up deportations.
Bloomberg Politics • Dec 16, 2:00 PM
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Bessent Says More Fed Interviews This Week, Sees News in January

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.
Bloomberg Politics • Dec 16, 12:56 PM
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Bessent Sees One or Two More Fed Chair Interviews This Week

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.
Bloomberg Politics • Dec 16, 12:56 PM
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Starmer Vows Better 2026 as Labour Flags in Stalling UK Economy

Keir Starmer pledged that better times lie ahead for the UK next year, as his government struggles to revive the country’s stagnant economy and his ruling Labour Party stutters in the polls.

Keir Starmer pledged that better times lie ahead for the UK next year, as his government struggles to revive the country’s stagnant economy and his ruling Labour Party stutters in the polls.
Bloomberg Politics • Dec 16, 12:46 PM
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EU Parliament Approves Farmer Protections to Ease Mercosur Deal

The European Parliament approved measures to protect European farmers under a potential trade deal with South American countries, a key technical step needed to finalize the landmark pact.

The European Parliament approved measures to protect European farmers under a potential trade deal with South American countries, a key technical step needed to finalize the landmark pact.
Bloomberg Politics • Dec 16, 12:06 PM
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Mercosur Deal Gets Boost After Lawmakers Back Farmer Protections

The European Parliament approved measures to protect European farmers under a potential trade deal with South American countries, a key technical step needed to finalize the landmark pact.

The European Parliament approved measures to protect European farmers under a potential trade deal with South American countries, a key technical step needed to finalize the landmark pact.
Bloomberg Politics • Dec 16, 12:06 PM
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Canada’s Fentanyl Czar Seeks Chinese Help to Stop Precursors

Canada wants to work more closely with China to stop the chemicals used to create the deadly synthetic opioid fentanyl from reaching North America, said Prime Minister Mark Carney’s point person for fighting the opioid crisis.

Canada wants to work more closely with China to stop the chemicals used to create the deadly synthetic opioid fentanyl from reaching North America, said Prime Minister Mark Carney’s point person for fighting the opioid crisis.
Bloomberg Politics • Dec 16, 11:30 AM
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Crypto Ownership in UK Falls to 8% Despite Political Momentum

The proportion of Brits that hold crypto declined to around 8% of the adult population this year, despite record prices earlier in the year and a major push by the industry to break into the mainstream.

The proportion of Brits that hold crypto declined to around 8% of the adult population this year, despite record prices earlier in the year and a major push by the industry to break into the mainstream.
Bloomberg Politics • Dec 16, 11:28 AM
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Starmer’s Trump-Whispering Tested by Rifts Over BBC and Tech

Prime Minister Keir Starmer tried to hold President Donald Trump close this year in a bid to shield the UK from the sharp end of his trade policies.

Prime Minister Keir Starmer tried to hold President Donald Trump close this year in a bid to shield the UK from the sharp end of his trade policies. Right now, that strategy is struggling to pay dividends.
Bloomberg Politics • Dec 16, 10:08 AM
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UK Businesses See a Post-Budget Surge in New Orders, PMI Shows

British businesses enjoyed the sharpest pick-up in new work in more than a year, according to a survey that suggests firms were buoyed by an end to months of speculation around tax hikes in the budget.

British businesses enjoyed the sharpest pick-up in new work in more than a year, according to a survey that suggests firms were buoyed by an end to months of speculation around tax hikes in the budget.
Bloomberg Politics • Dec 16, 9:30 AM
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UK Firms See a Post-Budget Surge in New Orders, PMI Shows

British businesses enjoyed the sharpest pickup in new work in more than a year, according to a survey that suggests firms were buoyed by an end to months of speculation around the budget.

British businesses enjoyed the sharpest pickup in new work in more than a year, according to a survey that suggests firms were buoyed by an end to months of speculation around the budget.
Bloomberg Politics • Dec 16, 9:30 AM
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North Korea’s Hidden Remote IT Scheme

This is the story of how an Arizona woman’s house became a gateway for North Korea’s IT operatives - an underground “laptop farm” that infiltrated US companies and pumped millions to the regime.

This is the story of how an Arizona woman’s house became a gateway for North Korea’s IT operatives - an underground “laptop farm” that infiltrated US companies and pumped millions to the regime. (Source: Bloomberg)
Bloomberg Politics • Dec 16, 9:00 AM
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Belgium Told by IMF to Act on Debt Load or Risk Market Backlash

Belgium must act to fix its public finances or risk the need for more drastic efforts if financial markets force the government’s hand, according to the International Monetary Fund.

Belgium must act to fix its public finances or risk the need for more drastic efforts if financial markets force the government’s hand, according to the International Monetary Fund.
Bloomberg Politics • Dec 16, 8:40 AM