EU regulators announced today that they’ve been conducting an investigation into Amazon and “how it collects and uses data from third-party sellers who appear on the retailing giant’s website” with an eye to potential antitrust violations. Amazon requires the sellers to share certain information with it, and the probe will center on “how Amazon uses this data and whether it affects competition” – NYTimes and WSJ and Bloomberg

In the end, the Fed may do just what the White House wants and cut rates in the coming weeks. But ultimately, the Fed will be acting based on White House-generated economic uncertainty rather than the unyielding attacks on the central bank – NYTimes and Bloomberg

Closing the loop on Libra and Facebook’s day on the Hill with others in Big Tech, one thing was clear—a primary obstacle for Zuck’s new crypto launch is Facebook itself – NYTimes and WSJ and Bloomberg and Law360

Lawmakers didn’t expend all of their vitriol on Facebook, though – Bloomberg and Marketplace and NYTimes

Because we’d all trust Elon Musk with direct access to our brains, right? Meet Neuralink, a Musk venture “founded to develop a data transmission system between people and computers” – Bloomberg and NYTimes and WSJ

In France and at the IMF, Christine Lagarde has proven herself as an economic superstar. Whether that past success will smooth the way to a solid tenure as new ECB President, however, is far from certain – NYTimes

Steven Cohen’s Point72 hedge fund has seen an unusual outflow of portfolio managers this year—some 20, to date—and is the latest in what’s turned into a string of issues that’s made the relaunch of Cohen’s fund a rocky one – WSJ

The inside scoop on the acting Labor Secretary, Patrick Pizzella, a former lobbyist and government official and “longtime free-market evangelist” who “has built a four-decade career . . . fighting regulation and organized labor” – NYTimes

A new FDIC plan would loosen disclosure requirements for banks looking to sell mortgage-backed securities, the latest in a yearslong effort from the industry to weaken regulations enacted after the 2008 financial crisis (that was driven, let’s remember, in no small part by toxic RMBS) – WSJ

The Open Championship kicks off bright and early tomorrow at Royal Portrush in Northern Ireland, where anticipation—the tourney sold out for the first time in its 148-year history—is running just a bit high – WSJ