Week In Review: How Trump's Policies Moved Stocks- Saturday, Nov. 28

By Staff of The Fly
Saturday, November 28, 2020 4:07 PM EST

CA EMISSIONS RULES 

General Motors (GM) said it no longer intends to support the Trump administration's effort to prohibit California from establishing its own emissions rules in an ongoing battle, Reuters' David Shepardson reported. GM CEO Mary Barra told environmental groups in a letter that the car maker was "immediately withdrawing from the preemption litigation and inviting other automakers to join us," Shepardson added. President-elect Joe Biden has made increasing support for electric vehicles a top priority, the report noted.

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