Regulators

California regulators settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executiveCalifornia regulators apologized to the SpaceX CEO, Elon Musk, this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive.As part of the settlement, the California Coastal Commission acknowledged its members made “improper” statements about Musk’s political beliefs at a 2024 hearing on SpaceX’s Falcon 9 launch program. Continue reading...

• House Republicans argue that financial regulators must adapt governance frameworks to keep pace with innovations in artificial intelligence, digital assets, and real-time payment systems. • Congressional financial services leaders contend that regulatory evolution is essential as these technologies reshape how Americans save, invest, and conduct transactions. • The statement reflects broader debates about regulatory modernization in response to rapid technological change in the financial sector.