Trump cabinet sabotages its own policies through laziness, incompetence or both [Los Angeles Times (CA)]
Cadiz, Inc. (CDZI)
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Source: Los Angeles Times
Trump cabinet sabotages its own policies through laziness, incompetence or both Buried within a recent judicial ruling overturning the Trump administration’s approval of the largely pointless Cadiz water project are a few clues to why Trump’s policymaking is so often blocked in federal court. The operative term is “arbitrary and capricious.” Its appearance in a judge’s opinion in a Trump-related case signals that an administration effort to overturn an Obama-era rule or policy is too lazy, incompetent or slapdash to stand. That’s the foundation of the June 21 ruling by U.S. District Judge George H. Wu of Los Angeles. Wu found that the Interior Department hadn’t done the necessary groundwork to reverse the Obama administration’s rejection of a project that would arguably damage the ecology of the Mojave Desert — or at least that the agency had made its decision first and conjured up a rationale later. The 2017 Determination made no attempt to rebut such facts, it simply discarded them.
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- Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred StockPR Newswire
- Cadiz Closes Financing, Secures Development Capital For Water Supply Projects [Yahoo! Finance]Yahoo! Finance
CDZI
Earnings
- 11/13/23 - Miss
CDZI
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 8-K
- 4/19/24 - Form 8-K
- CDZI's page on the SEC website