Behalf

Filings reveal $220m to $750m in trades on US president’s behalf in first quarter of 2026, including securities linked to largest US companiesHundreds of thousands of dollars was invested in Eli Lilly on Donald Trump’s behalf earlier this year, according to financial disclosures, as the US drugmaker benefited from his administration’s bid to expand access to blockbuster obesity treatments.Ethics filings revealed several thousand trades on the US president’s behalf tied to stocks and bonds in the first quarter of 2026, with a cumulative ​value of between $220m and around $750m. Continue reading...

Move creates conflict between state and administration as Trump seeks federal framework over states handling issueSign up for the Breaking News US email to get newsletter alerts in your inboxThe US justice department said on Friday it had intervened in a lawsuit by Elon Musk’s xAI challenging a Colorado law aimed at regulating artificial intelligence systems.In its intervention, the justice department said the law violates the 14th amendment’s equal protection guarantee by requiring companies to guard against unintended discriminatory effects while allowing some discrimination aimed at promoting diversity. Continue reading...