The independent federal government regulatory agency has sent letters to banks asking for information on their individual SPACs, or blank-check companies, Reuters reported.
Transportation Secretary Pete Buttigieg appears on Thursday before the House Transportation Committee for a discussion of the administration’s priorities for roads, bridges and other public works.
Abigail Disney, the granddaughter of animator Walt Disney and a member of a pro-tax group of millionaires, said she supported a proposal by Senate Budget Chairman Bernie Sanders to raise the tax on inherited wealth.
U.S. stocks tumbled into the close Wednesday, reversing earlier gains, even as investors focused on a sharp rebound in oil prices, slightly lower Treasury yields and a brighter outlook for the economy.
Gold prices settle higher Wednesday to notch their first gain in three sessions, supported by some safe-haven buying, amid developments in Europe that suggest a longer lockdown period due to a renewed spread of COVID-19.
The global tally of cases of the coronavirus-borne illness COVID-19 climbed above 124 million on Wednesday, as the European Union introduced emergency legislation that would allow it to control exports of COVID-19 vaccines.