Healthcare Industry Tensions Rise Amid CEO Shooting and Insurance Criticisms

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Source: POLITICO
TL;DR Summary

Vivek Ramaswamy and Elon Musk, along with other Trump allies, criticized the SEC after a federal appeals court overturned the regulator's approval of Nasdaq's board diversity rules. The Fifth Circuit Court found the rules inconsistent with federal securities laws, marking another legal setback for the SEC. The decision has sparked further scrutiny of the SEC, with Ramaswamy and Musk suggesting the agency has lost legitimacy. The ruling may influence the SEC's future direction under Trump's pick, Paul Atkins, who is expected to adopt a business-friendly approach.

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