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Hey, remember yesterday when we talked about all the taxpayer money New Jersey Gov. Chris Christie is spending on lawyers? Well, here’s round two: An investigation found that Christie debited $82,594 in taxpayer funds to the concessions at Delaware North Sportservice, the guys who run the stadium where the Jets and Giants play. [New Jersey Watchdog]
1.7 million miles
That’s how many miles the director of Google’s self-driving car program said autonomous vehicles have travelled over the past six years of testing. [Medium]
So Dodd-Frank says that any bank with $50 billion in assets is under enhanced supervision from the government because it’s considered too big to fail — that covers 33 financial institutions. Sen. Richard Shelby, who’s now running the show at the Senate banking committee, is trying to raise the threshold to $500 billion, which would affect only six institutions. Realistically, that’s probably just an opening bid to strike a deal with banking committee Democrats. Either way, raising the floor would help banks just skirting underneath the $50 billion asset threshold expand. [The Wall Street Journal]
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