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Financial Industry Regulation

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SACRAMENTO, Calif. (AP) — California on Monday re-opened enrollment for its state health insurance exchange, hoping more people will buy coverage now that the federal government is offering new assistance that could lower monthly premiums by $1,000 or more in some cases.

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HONG KONG (AP) — Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.

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SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham signed Friday a $7.4 billion general fund spending plan for the coming fiscal year that boosts state funding for public education, early childhood services and more — while using her veto pen to assert sole authority over $1.6 billion in new federal pandemic relief funding.

BISMARCK, N.D. (AP) — The North Dakota House agreed Wednesday to fund a rail spur to help a troubled shipping center in Minot, but balked at giving more than $8 million in taxpayer money to bail out a trio of banks — including one owned by Republican U.S. Sen. John Hoeven -- that obtained the facility through foreclosure.

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WASHINGTON (AP) — More than a half million Americans have taken advantage of the Biden administration's special health insurance sign-up window keyed to the COVID-19 pandemic, the government announced Wednesday in anticipation that even more consumers will gain coverage in the coming months.

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NICOSIA, Cyprus (AP) — A new digital registry obliging Cyprus-based companies to declare their true owners puts the east Mediterranean island nation in line with European Union regulations against terror financing and organized crime, the country's commerce and energy minister said on Tuesday.

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HENDERSON, Nev. (AP) — U.S. Sen. Catherine Cortez Masto of Nevada on Monday encouraged people to shop on the state's health insurance exchange to determine if they can get cheaper coverage thanks to the new federal coronavirus relief law.

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WASHINGTON (AP) — Senate Republican leader Mitch McConnell says it's a “big lie” to call the new voting law in Georgia racist and he warned big business to “stay out of politics" after major corporations and even Major League Baseball distanced themselves from the state amid vast public pressure.

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BISMARCK, N.D. (AP) — Budget writers in the Republican-controlled North Dakota House want to derail legislation to save a troubled shipping facility, after criticism that the move was a bailout for banks, including one owned by GOP U.S. Sen. John Hoeven.

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WASHINGTON (AP) — Last year’s coronavirus-triggered market turmoil exposed vulnerable areas in the U.S. economy that need to be addressed by the nation's top-level financial supervisory group, Treasury Secretary Janet Yellen said Wednesday.

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DETROIT (AP) — In a story March 29, 2021, about Volkswagen of America, The Associated Press erroneously reported that the company would change its brand name to Voltswagen, based on assurances from the company the change was correct. On Tuesday the company issued a fake news release, but later said its statements were an April Fool’s Day joke.

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