Category «Financial System»

What H.R. 1 Really Codifies for Science

SciLit: “How a little-noticed tax and a bureaucratic cap could reshape U.S. innovation. The U.S. House of Representatives passed H.R. 1 today, the “One Big Beautiful Bill Act,” a sweeping reconciliation bill intended to implement key components of the Trump administration’s fiscal agenda. Among its most controversial implications are those for science. You can read …

Subjects: Censorship, Climate Change, Congress, Economy, Education, Environmental Law, Financial System, Food and Nutrition, Government Documents, Health Care, Medicine

Trump administration asks Supreme Court to keep DOGE records secret

CREW sues US DOGE Service to compel transparency – includes all related legal documents. “…May 14, 2025. The DC Circuit Court ruled unanimously—with judges appointed by both Democrats and Republicans—that DOGE must submit to discovery. Read it here….US DOGE Service wields shockingly broad power over all manner of federal operations—which far exceeds its limited legal …

Subjects: Censorship, Courts, E-Records, Economy, Financial System, Freedom of Information, Government Documents, Legal Research

Corporate Contracts Searchable Dataset

Via Data is Plural: “Peter Adelson and Julian Nyarko’s Material Contracts Corpus contains “over one million contracts filed by public companies with the U.S. Securities and Exchange Commission (SEC) between 2000 and 2023,” which the authors collected from the SEC’s EDGAR filings database. In addition to the text of the contracts, the dataset provides metadata …

Subjects: E-Records, Economy, Financial System, Government Documents, Internet, Knowledge Management, Legal Research, Securities Law

First Street’s 13th National Risk Assessment – $1.2B in Lender Loses

First Street: “Mortgage lenders have long depended on homeowners insurance as a first line of defense against loan losses, requiring coverage as a condition of mortgage approval. Historically, this arrangement has held strong: extreme-weather damage has consistently been the costliest category of homeowners insurance claims and lenders have remained largely unscathed. But as U.S. disaster …

Subjects: Climate Change, Economy, Environmental Law, Financial System

Delete Yourself From The Internet – Or At Least Try

WSJ, Part One – Go Delete Yourself From the Internet. Seriously, Here’s How. Find your data, request removal…and repeat [no paywall] – “Google updated its “Results About You” tool, and using it has been an eye-opening experience. It uncovered my home address, phone number and email on so-called people-search websites, along with my birth date …

Subjects: Cybercrime, Cybersecurity, E-Records, Economy, Financial System, Internet, Knowledge Management, Legal Research, Privacy

CFPB Quietly Kills Rule to Shield Americans From Data Brokers

Wired [no paywall] – “Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans’ sensitive personal data. The Consumer Financial Protection Bureau (CFPB) has cancelled plans to introduce new rules designed to limit the ability of US data brokers to sell sensitive information about …

Subjects: E-Records, Economy, Financial System, Government Documents, Privacy

Group of former Big Law associates seeking to unseating firm managers from board position roles

What You Need to Know [American Lawyer – no paywall] A group of ex-Big Law associates who quit over their firms’ handling of scrutiny from the Trump administration launched an email campaign targeting firm management committee members. In provided form letters, the group asked members of the public to request that nonprofits and law schools …

Subjects: Censorship, E-Mail, Financial System, Free Speech, Knowledge Management, Legal Research

What has Elon Musk’s Doge actually achieved?

FT.com no paywall: “It was never meant to be $2tn. Elon Musk’s vow last year to cut almost a third of the annual federal budget, made in front of a frenzied Maga crowd during a Trump rally at New York’s Madison Square Garden, came as a surprise even to the event’s organisers. “The deal was …

Subjects: Censorship, Climate Change, Courts, Cybercrime, Cybersecurity, Defense, E-Records, Economy, Education, Energy, Environmental Law, Financial System, Government Documents, Legal Research

At This $10 Billion Hedge Fund, Using AI Just Became Mandatory

Walleye Capital’s Will England is training his 400 employees to win with LLMs TL;DR: Today we’re releasing a new episode of our podcast AI & I. Dan Shipper goes in depth with Will England, the CEO and CIO of Walleye Capital, one of Every’s consulting clients. Watch on X or YouTube, or listen on Spotify …

Subjects: AI, Economy, Financial System, Internet, Knowledge Management, Legal Research

Pluralistic: Who Broke the Internet? Part II

“Who Broke the Internet? Part II (permalink) “Understood: Who Broke the Internet?” is my new podcast for CBC about the enshittogenic policy decisions that gave rise to enshittification. Episode two just dropped: “ctrl-ctrl-ctrl“: The thesis of the show is straightforward: the internet wasn’t killed by ideological failings like “greed,” nor by economic concepts like “network …

Subjects: AI, E-Commerce, Economy, Financial System, Health Care, Internet, Knowledge Management, Transportation

2025 Cost of Insider Risks

Ponemon Institute is pleased to present the findings of the 2025 Cost of Insider Risks Global Report sponsored by DTEX Systems. This is the sixth benchmark study conducted to understand the financial consequences that result from insider risks. Expanding on the 2023 edition, this latest report examines how organizations are funding their insider risk management …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Internet, Knowledge Management, Legal Research

Trump’s proposed budget would mean ‘disastrous’ cuts to science

Science: “President Donald Trump today asked Congress to make massive and unprecedented cuts to the 2026 budgets of major federal science agencies. The request calls for cutting spending by 37% at the National Institutes of Health (NIH) and more than 50% at the National Science Foundation (NSF), the country’s two major science funders. The White …

Subjects: AI, Climate Change, Defense, Economy, Education, Energy, Environmental Law, Financial System, Government Documents