Separately, New York State regulators announced that they were fining Robinhood’s crypto unit $30 million over violations of anti-money laundering and cybersecurity regulations. The company’s brokerage app surged in popularity at the start of the pandemic, but it is now losing customers, including 1.9 million active monthly users in the second quarter. Robinhood lays off nearly a quarter of its staff. is building a plant in Arizona, and Pelosi and Liu reportedly discussed the recently passed CHIPS and Science Act, which offers subsidies to companies that open U.S. Pelosi spoke today with Mark Liu, the chairman of Taiwan Semiconductor Manufacturing Company, the world’s biggest chip maker.

“America’s determination to preserve democracy here in Taiwan and around the world remains ironclad.” Economic growth and trade were among her agenda items - along with the pandemic, climate change, human rights and democratic governance - but these were overshadowed by geopolitics and China’s fury at her visit to a self-governing island it considers its territory.Īmong many other things, the trip was about chips. “The world faces a choice between democracy and autocracy,” Pelosi said today during a meeting with Taiwan’s president, Tsai Ing-wen. But China experts predict more fallout may be ahead for businesses and investors from a trip that tested China’s appetite for confrontation. It drew unusual support from Republicans, condemnation from Beijing and quiet defiance from her hosts in the face of Chinese threats. Please let us know if you require any reasonable adjustments to be made for the recruitment process.Speaker Nancy Pelosi left Taiwan today after a short visit that could have major repercussions. Around the clock, around the globe – we empower business leaders with breaking news, expert opinion and proprietary data distributed across platforms.īloomberg is a disability inclusive employer. At the core of this network is our ability to deliver data, news and analytics through innovative technology – quickly and accurately. At Bloomberg, we connect decision makers to a dynamic network of information, people and ideas. If you would prefer to discuss this confidentially, please email energy of a newsroom. Please let us know if you require any reasonable adjustments to be made for the recruitment process. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.īloomberg is a disability inclusive employer.

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