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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Trump Travel Ban: Hurry Up, Then Wait
[Photo: Trump Transition 2017 / Wikimedia Commons]
[CNBC] On Friday, 1/27, Donald Trump issued a temporary ban on immigration from 7 Muslim-majority countries. Just one week after taking office in front of a ‘record number of attendees’ for an inauguration. Yet, soon after signing his now infamous executive order – the centerpiece of a flurry of executive edicts - world-wide protests broke out and, before long, federal courts struck down his ban.
The White House has repeatedly said a new version would be coming. One month later and at least 3 postponements, no new executive order has been unveiled. Nor has Trump appealed the courts’ decisions. Which makes sense, since public opinion in the United States has veered largely against the travel ban. While early January sentiment among Americans favored “suspending immigration from ‘terror prone’ regions” - 48% to 42% - the numbers have since reversed.
So, yes, the urgency has subsided. And, in place of any talk about the immigration ban, Trump and his administration have shifted priorities, with new and renewed attention on the economy, healthcare, and other matters. Trump is also spending more time giving public speeches and attending promotional events.
While the Trump administration’s agenda is largely unpredictable, one thing is certain - according to Trump:
The next rollout travel ban would be "flawless."