#washington

In 2021, a class-action lawsuit was filed against Robinhood in Washington, citing violations of Commercial Electronic Mail Act and Consumer Protection Act.

The agency cited anticipated fiscal deterioration in the coming three years, an erosion of governance, and a growing general debt burden as the reasons for the downgrade. Previously, Fitch Ratings had already downgraded the U.S. rating to AA+ in 2011, after Washington successfully averted a default

According to Washington Reporter, Kamala Harris might nominate current SEC Chairman Gary Gensler as Treasury Secretary if she wins the U.S. presidential election. The report cites unnamed Senate staffers.

Fed Chair Jerome Powell recently spoke at the Economic Club of Washington, highlighting the influx of positive inflation data and the unlikely prospect of the economy experiencing a "hard landing."