Sep 10, 2026
The Justice Department announced it will fast-track merger investigations by significantly reducing the amount of information requested from companies, marking a major shift in antitrust enforcement under the Trump administration.
President Donald Trump announced Wednesday that he has instructed the Department of Justice to investigate oil companies for allegedly failing to lower gas prices at the pump despite falling costs, accusing them of 'gouging' consumers. The move comes as gas prices remain above $3.90 and signals White House concern over high fuel costs ahead of the November midterm elections.