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Stock impact report

Trump uses coronoavirus crisis to push other policy priorities [Los Angeles Times (CA)]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Even as the coronavirus crisis has brought most of the country to a screeching halt, President Trump has begun to turbocharge his administration’s efforts to slash business and other regulations, and to pursue other long-held policy goals, with consequences that are likely to outlive the pandemic. Labor groups, environmentalists, immigration activists and other critics say the White House is cynically using the nation’s medical emergency and economic devastation as political cover to undermine or overturn rules put in place long ago to protect the public. “When you weaken a rule, it’s very difficult to get it reinstated,” said Dennis Kelleher, president of the consumer advocacy group Better Markets. Federal regulators, he said, “are bending over backwards” for industry groups. In the most dramatic example, Trump this week vowed a blanket ban on immigration. He later signed a proclamation to restrict some people seeking green cards from entering the country for at least 60 days, a less Show less Read more
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