According to brokerage China: Foreign media reports on the biosecurity law, US lawmakers are considering changes to the bill. The compromise version includes adding administrative review of relevant companies, rather than automatically banning biopharmaceutical companies from cooperating with Chinese companies. WuXi AppTec rose more than 5%, WuXi Bio rose more than 4%.
A group of US lawmakers has called on the Commodity Futures Trading Commission (CFTC) to ban gambling on US elections, pointing out that such practices are harmful to public trust. The letter highlights that election-related betting on Polymarket hit a record high following the attempted assassination of former President Donald Trump and the withdrawal of President Joe Biden from the 2024 presidential race, with trading volumes almost doubling to $1 billion in July. Including Senators Elizabeth ...
Whether a bipartisan bill restricting lawmakers' stock trading should also apply to their cryptocurrency holdings is a matter of disagreement between the two sponsors of the House stock ban legislation. According to reports, Rep. Abigail Spanberg, Democrat of Virginia, and Rep. Chip Roy, Republican of Texas, are leading the push for the bill, which would require placing stocks in blind trusts...