ARK Invest founder and CEO Cathie Wood thinks many of the market’s woes may be alleviated if Republicans win control of at least one chamber of Congress this midterm cycle. The famed fund manager, whose speculative technology-focused funds have been battered by restrictive central bank policies, said in a webcast Tuesday that a Republican sweep of the House may usher in more welcome fiscal decision-making. “I don’t think it will be because of the Republicans getting into office,” she… Source link
Read More »Biden to nominate Google critic Jonathan Kanter to lead DOJ antitrust division
President Joe Biden will nominate Jonathan Kanter, an ardent Google critic and competition lawyer, to lead the Justice Department’s antitrust division, as first reported by Bloomberg on Tuesday. Kanter has a long history of representing companies in competition cases against Google, and he opened his own law firm last year. If confirmed by the Senate, Kanter would take the helm on a slate of cases against big tech companies led by the Justice Department, including a monopoly lawsuit… Source link
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