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Stories of Interest
- SEC Charges Additional Defendant in Fraudulent ICO Scheme
- Warren Buffett Simply Blew it on Wells Fargo Stock: Dick Bove (Video)
- Barclays and Deutsche Bank to Lag U.S. Trading Peers
- NY AG Schneiderman Seeks to Close Loophole That Could Let Trump Pardons Block State Charges
- 'Fearless Girl' is Moving to NYSE After Year Staring Down 'Charging Bull'
- What's In Your Wallet - American Express Shares Soar After Earnings Release
- Deutsche Bank's Executive Departures Continue Following Change in CEO
- Reflections of an Economist Commissioner (SEC's Piwowar)
- Billionaire HF Manager and The Fed Chair Runner-Up are Investing in New Cryptocurrency
- Court Finds 2 Brokers Liable for Fraud Involving Mortgage-Backed Securities
- One FINRA: An Organization’s Commitment to Diversity and Inclusion
- 2018 GASB Accounting Support Fee to Fund the Governmental Accounting Standards Board
- Barclays Eyes Move Into Cryptocurrency Trading
- Goldman Breaks From Wall Street Pack with Bond-Trading Boom
- Janney Montgomery Scott CEO Joins FINRA Board of Governors
- SEC Encourages Investors to Do Background Checks on Investor.gov
- The Martin Act: Wall Street Titan Takes Aim at Law That Tripped Him Up
- Bank of America’s Cost-Cutting Drive Pushes Profit to Record
- Larry Fink: Wall Street’s $6 Trillion Man Finally Worth $1Bn
- Activist Investor Wants Barclays Investment Banking Overhaul (Video)
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NEWSLETTERS & ALERTS
Donald Trump & Co.
U.S. Will Withdraw from Paris Climate Accord - Trump
[Photo: Donald Trump with EPA Secretary Scott Pruitt / screen grab]
In response, the governments of Germany, Italy and France issued a joint statement saying they "firmly believe" that the accord can't be renegotiated.
In a statement following Trump's announcement, Former President Obama said he believes "the United States of America should be at the front of the pack. But even in the absence of American leadership; even as this administration joins a small handful of nations that reject the future; I'm confident that our states, cities, and businesses will step up and do even more to lead the way, and help protect for future generations the one planet we've got."
True to his word, Tesla CEO Elon Musk, who supports the Paris Climate Accord, announced that he would immediately resign from 3 White House advisory councils.
Trump cannot technically pull out of the agreement until November 2019, and the U.S. must give a year's notice before it can withdraw, according to reports. So a withdrawal may not take effect until 2020, though mechanisms exist to possibly speed the process. The White House contends that the U.S. has already reduced its carbon dioxide emissions and does not need the Paris accord to cut them even more, according to talking points obtained by CNBC.