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It wasnt quite a manic Monday this week. stanley cup But dont bet on that relative calm to continue. While the past week in Washington lacked the frenetic pace of recent months, the coming days could set the stanley cup tone for financial regulation well into 2025. Three pivotal developments loom: a Senate hearing Thursday with prospective Consumer Financial Protection Bureau director Jonathan McKernan, simmering debates over post-Silicon Valley Bank SVB bank supervision and bipartisan momentum for stablecoin legislation. Behind the scenes, policymakers are grappling with existential questions about the role of federal oversight in an era of rapid technological change and lingering financial instability.The relative calm surrounding the CFPB as the courts started their day with federal government layoffs and firings will no doubt be broken at Thursdays Feb. 27 Senate Banking Committee hearing for CFPB nominee Jonathan McKernan. It will serve as a referendum on the agency itself, according to QED Investors Amias Gerety. The first question should be simple: Does Mr. McKernan believe the CFPB should exist Gerety told PYMNTS CEO Karen Webster. This cuts to the heart of criticisms that the agency oversteps its mandate, particularly after McKernans past remarks about regulatory redundancy stanley de . In one recent speech, he聽stated that regulators should avoid the temptation to pile on yet more prescriptive regulation or otherwise push responsible risk taking out of the banking system. Gerety argued the hear Yiqi Will SPACS Be Back (With A Bang) In 2021
Lyft has secured another big investment 鈥?this time from billionaire activist Carl Icahn.The ride-hailing company聽announced Friday May 15 that it has secured $150 million in funding, which is on top of its $530 million investment round that was led by Rakuten in March. The most recent round, however, had $100 million coming from聽Icahn alone. At the time of its March fundraising round, Lyft was valued at $2.5 billion, according to a New York Times report. We are very happy to be investing in Lyft. I believe that ridesharing is poised to become a fundamental component of our transportation infrastructure, Carl Icahn said in a release fr stanley deutschland om Lyft. The Companys revenue growth to date has been extremely compelling, and increasing urbanization over the next 5 to 10 years should enable the Company to maintain that trajectory. Additionally, Ive been very impressed with Lyfts founders and management team, and I believe they are well-suited to take advantage of this opportunity and to make Lyft an extremely successful company. He also shared his thoughts wit stanley termos h the Times about why Lyft is a worthy investment, despite Uber gro stanley cup wth in the ride-sharing market 鈥?highlighting the price point of Lyft vs. Uber from an investor standpoint. If you look at the way the market evaluates Uber and then look at the valuation of Lyft鈥擫yft is a tremendous bargain, Icahn said in the interview. There is room for two. In the payments and commerce space, Icahn has been an outspoken investo |
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