White House Says FDIC Chair Will Step Down

The announcement comes after the Senate Banking Committee chair urged the president to select a new leader. The White House announced that President Joe Biden will be naming…

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Army Corps of Engineers Refloats, Removes Cargo Vessel that Collided with Key Bridge

The wrecked Dali ship led to a local marine terminal nearly two months after the bridge collapse. The Army Corp of Engineers announced that it managed to move…

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USAF Secretary Participates in AI-Controlled F-16 Dogfight Simulation

He reports, “That technology is not quite ready yet, but it’s making very good progress.” This month, U.S. Air Force Secretary Frank Kendall rode in an F-16 modified…

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DARPA Selects Aurora to Design Heavy Cargo Seaplane

The agency contracts with the company on its ambitious production goal. The Defense Advanced Research Projects Agency (DARPA) is moving ahead with its program to develop the Liberty…

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Ballots and Elections

Intelligence Director Testifies to Growing Threats to U.S. Elections

DHS also assessed the challenges that AI poses to this year’s elections. Director of National Intelligence Avril Haines recently testified before the Senate Intelligence Committee, that the number…

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Justice Department Arrests Suspects in Cryptocurrency Money Laundering Case

Two Chinese nationals funneled $73 million through various shell companies The Department of Justice (DOJ) has unsealed an indictment charging two Chinese nationals of defrauding and laundering at…

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Coast Guard Evaluates Other Bridges After Baltimore Bridge Collapse

Vice admiral testifies before House committee with NHWA administrator and NTSB chair in attendance. Coast Guard Deputy Commandant for Operations Vice Admiral Peter Gautier testified at a House…

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Interior Allocates Funding for Orphaned Gas Wells in ND and WV

Over 500 abandoned, contaminated sites will be plugged or remediated. The Department of the Interior awarded $54 million to North Dakota and West Virginia to plug abandoned oil…

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IRS Announces Tax Bonus for Domestically Produced Iron

The agency released guidance on how to apply for a 10 percent tax credit.  The Internal Revenue Service (IRS) released new tax guidance this past week, instructing companies…

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Interior Approves Funding for Migratory Bird Wetland Conservation

$87 million will be invested in enhancing and restoring 315,000 acres of wetland. The Department of the Interior (DOI) recently approved $87 million to conserve, restore, or enhance…

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