Senators seek tariff exemption for large solar panels
Eight Republican senators from North Carolina South Carolina Kansas Colorado and Nevada urge the Trump administration to waive tariffs on 72 cell 1500 volt utility scale solar panels. The move aims to cut developers costs and boost solar jobs while risking US panel makers and domestic production already expanded since tariffs were imposed. Cypress Creek Renewables estimates tariffs raise costs and have halted 1.5 billion in projects.
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Wilbur Ross
Hugh Bromley
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Cypress Creek Renewables
Hewitt Strange
Cypress Creek
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Walmart settles labor law case over union insignia
Walmart via Bloom Berg News publicly admits violating federal labor law in California. The settlement with the National Labor Relations Board and OUR Walmart wipes disciplinary actions against six Richmond employees from 2012 protests, ends dress code bans on union insignia, and stops threats against workers supporting strikes or organizing.
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Walmart
Bloomberg News
California
National Labor Relations Board
OUR Walmart
Richmond
Wells Fargo asset growth limits extended by Fed
Federal Reserve Chairman Jerome Powell told Senator Elizabeth Warren that Wells Fargo will remain under an asset growth cap until the bank shows credible progress fixing internal controls that allowed improper accounts and fees. Powell noted the bank must remedy oversight and compliance deficiencies before relief from the restriction.
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Fed
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Elizabeth Warren
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Federal Reserve Bank of San Francisco
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