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Trump’s FBI Pick Stands to Make Millions From Shein—Kash Patel is in line for Senate confirmation. Critics raise potential conflicts of interest in owning shares of firm with China ties Dave Michaels Corrie Driebusch Shen Lu wsj.com/us-news/law/ka… wsj.com/us-news/law/ka…

I reported out Atkins's work as an expert witness, including his opinions on the case that U.S. Securities and Exchange Commission filed against AT&T in 2021 over alleged leaks to Wall Street analysts. Spoiler: Atkins argued the case was unwarranted, and the SEC lawyers tried to have him stricken as an expert

The @SECgov has filed for a stay in SDNY in its suit against Justin Sun and Tron, saying the 2 sides need time to discuss a "potential resolution." Unlike other crypto matters dropped so far, this involves fraud and manipulation claims.

A great story by my colleagues WSJ Markets about the rise and fall (pump/dump) of the $Libra "memecoin." @SECgov says memecoins aren't securities, but when people lose money to these things, they turn to the SEC

We're reporting that the U.S. Department of Justice opened an antitrust investigation into the cause of soaring egg prices. The industry says supply shortage/price spike are solely due to the bird flu outbreak. wsj.com/business/egg-p…

The Justice Department is scaling back how it polices crypto companies. The policy outlines a new approach to AML enforcement that seems to leave little room for the criminal case against Roman Storm wsj.com/finance/regula…

VCs so eager to throw money at the next AI thing they can't sniff out a guy who claims to automate the retail check out process, but instead "relies heavily on teams of human workers...to manually process transactions" ? justice.gov/usao-sdny/pr/t…

Access journalist

Scams involving shares of obscure, mostly Nasdaq-listed Chinese companies have proliferated in recent years, harming thousands of small US investors. Now the U.S. Department of Justice is involved in fighting the alleged fraud: wsj.com/finance/regula…

Realized this morning that I’d lost track of status of things at the CFPB, so asked ChatGPT (app, free version) to inform me. It kept mixing up first Trump admin with second, then finally told me there hasn’t been a second Trump administration. 👀

Our story on the ouster of two of most senior antitrust officials at U.S. Department of Justice. They were fired yesterday after disagreement in recent weeks over terms of a settlement that sources say staff in Attorney General Pamela Bondi’s office supported and pushed thru. wsj.com/us-news/law/to…

New from me and with exclusive details on the HPE/JNPR settlement: MAGA-aligned lawyers and lobbyists are being hired to influence the outcome of DOJ antitrust investigations and lawsuits. With Annie Linskey — wsj.com/us-news/law/ma…