Category «Financial System»

IRS Accessed Massive Database of Americans Flights Without a Warrant

Follow up to previous post – Airlines Sell 5 Billion Plane Ticket Records to the Government For Warrantless Searching – See Also 404 Media / no paywall: “The IRS accessed a database of hundreds of millions of travel records, which show when and where a specific person flew and the credit card they used, without …

Subjects: Civil Liberties, E-Records, Financial System, Government Documents, Legal Research, Privacy

Epstein Files Bill Is On Its Way To Trump’s Desk

CBS News – Epstein files bill will head to Trump’s desk after approval by House and Senate – What to know about the Epstein files bill: The Senate approved a House-passed bill that would require the Justice Department to release files related to convicted sex offender Jeffrey Epstein, effectively sending it to President Trump’s desk …

Subjects: Censorship, Congress, E-Mail, E-Records, Financial System, Freedom of Information, Government Documents, Legal Research, Legislation

The Majority AI View

Anil Dash – “Even though AI has been the most-talked-about topic in tech for a few years now, we’re in an unusual situation where the most common opinion about AI within the tech industry is barely ever mentioned. Most people who actually have technical roles within the tech industry, like engineers, product managers, and others …

Subjects: AI, Economy, Education, Financial System, Health Care, Internet, Knowledge Management, Legal Research, Search Engines

Presidential and Vice Presidential Financial Disclosure Reports

U.S. Office of Government Ethics – Three 278 transaction reports for Trump posted to OGE Presidential and Vice Presidential Financial Disclosure Reports Certified reports listed here are those submitted by current (and former) President and Vice President. These reports can be downloaded without completing an OGE Form 201. All other nominee and appointee reports-> Trump, …

Subjects: E-Records, Financial System, Government Documents, Legal Research

AI in Finance and Banking, November 15, 2025

Via LLRX – AI in Finance and Banking, November 15, 202 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided …

Subjects: AI, Economy, Financial System, Legal Research

IOSCO Publishes Final Report On Financial Asset Tokenization

Traders Magazine: “The International Organization of Securities Commissions (IOSCO) has published its Final Report on the Tokenization of Financial Assets. The financial sector has been actively exploring distributed ledger technology (DLT) to deliver services and tokenize financial assets. While tokenization may enhance efficiency and transparency, it also introduces new risks — or amplifies existing ones …

Subjects: Economy, Financial System, Legal Research

Cloudy Data, Costly Deals: How Poorly States Disclose Data Center Subsidies

Good Jobs First: “In the past year, four the biggest tech giants, Amazon, Google, Meta and Microsoft, spent an estimated $360 billion on capital expenditures, mostly building data centers across the U.S.; even more investment is projected in the next several years. Most of that will be spent on purchasing building materials and specialized equipment, …

Subjects: Education, Energy, Financial System, Government Documents, Legal Research, Microsoft

AI isn’t replacing jobs. AI spending is

Fast Company – “Big spending on artificial intelligence puts pressure on jobs, as gloomy narratives about the future of work are ironically making new graduates less employable.. For decades now, we have been told that artificial intelligence systems will soon replace human workers. Sixty years ago, for example, Herbert Simon, who received a Nobel Prize …

Subjects: AI, Economy, Education, Financial System, Internet, Knowledge Management

Google’s Hidden Empire

Google’s Hidden Empire: This paper presents striking new data about the scale of Google’s involvement in the global digital and corporate landscape, head and shoulders above the other big tech firms. While public attention and some antitrust scrutiny has focused on these firms’ mergers and acquisitions (M&A) activities, Google has also been amassing an empire …

Subjects: E-Commerce, E-Records, Economy, Financial System, Internet, Legal Research, Privacy, Search Engines

Whistleblower docs show Maxwell seeking commutation

Follow up to Epstein survivors sue Bank of America and Bank of New York Mellon – The Hill: “Documents provided by a whistleblower show Ghislaine Maxwell has asked President Trump to commute her sentence as prison employees suggest she has received “concierge-style treatment” at a new facility where she is being given custom meals and access …

Subjects: Censorship, Congress, Financial System, Government Documents, Legal Research

Banquet of Greed: Trump Ballroom Donors Feast on Federal Funds and Favors

Follow up to previous posting Trump’s demolition of the White House East Wing is nearly complete – Public Citizen: “The corporate and billionaire donors to Donald Trump’s gaudy ballroom project are beset by conflicts of interest, according to a new Public Citizen report – Banquet of Greed: Trump Ballroom Donors Feast on Federal Funds and Favors. …

Subjects: Economy, Financial System, Freedom of Information, Government Documents, Legal Research

Simpson Thacher Becomes Latest Surrender, Firm Joins Trump’s International House Of Tariffs

Follow up to previous postings – How Trump’s crackdown on law firms is undermining legal defenses for the vulnerable and What if the Big Law Firms Hadn’t Caved to Trump?, see also Above the Law: “Back in August, the New York Times reported that Kirkland and Paul Weiss (along with Skadden) — firms who had …

Subjects: Censorship, Civil Liberties, Economy, Financial System, Freedom of Information, Government Documents, Knowledge Management, Legal Research, Legislation