Look past the current privacy debate roiling Capitol Hill set off by Facebook’s huge data leak. Businesses will have to deal with new rules of the road when it comes to consumer data. It’s only a matter of time before Congress settles on federal legislation, though serious consideration won’t start before 2019 and may take even longer than that.
Coping with more-stringent, and potentially costly, privacy regulations won’t be easy for many firms. New requirements will touch all types of businesses that deal with consumer data, both small and large, tech and non-tech. That means more money and time spent on managing customer data and keeping tabs on upcoming rules. Continue reading “What Privacy Regulations Mean for Your Business and Investment Portfolio”
As a political outsider, candidate Donald Trump had little support on Capitol Hill during the nascent days of his presidential run. As he cranked into high gear in mid-2016, a small cadre of supporters emerged, mostly from the House. They became Trump loyalists and the relationship was mutually beneficial; the lawmakers got coveted access to the White House while Trump gained a critical foothold in Congress.
But like everything else in Trumpland’s constant state of flux, the list of Trump insiders looks very different now than it did two years ago. The only constant is that all members are Republicans. Expect the list to keep evolving as his White House tenure matures. Continue reading “All the President’s Congressmen”
Look for the powerful Senate Armed Services Committee to be more deferential to the Pentagon, the White House and the defense industry in the wake of Chairman John McCain’s (R-AZ) death.
Sen. James Inhofe of Oklahoma, now the panel’s top Republican, is poised to take over the gavel as soon as this week. The committee plays a leading role in overseeing U.S. defense policy, including helping craft defense policy bills that do everything from specifying how many tanks the Army can buy to limiting U.S.-Russian military cooperation. Inhofe’s approach will contrast starkly with that of the “maverick” McCain. Continue reading “Defense Industry Happy With Senate Armed Services Committee Chairman Pick”