Joe McCann, author at Seeking Alpha, discusses Amazon's partnership with Berkshire Hathaway and JPMorgan Chase to launch a new private healthcare company. McCann weighs in on what the new company means for the future of the healthcare industry. We talk about how certain healthcare stocks took a hit right after the announcement. If this new company is successful, it could influence government policy in the future.

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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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