Funding provided through the Inflation Reduction Act. The U.S. Department of Agriculture (USDA) announced that it is providing an additional $130 million to eligible, farm-loan-program borrowers who are…
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Prayer Updates
Treasury Secretary Congratulates New World Bank President
Secretary Yellen voices support for Ajay Banga’s ability to form climate policy. Secretary of the Treasury Janet Yellen congratulated Ajay Banga last week after he was elected president…
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Senate Repeals President’s Pause on Chinese Solar Tariffs
President Biden is likely to veto the measure. The Senate voted this week to formally rescind President Joe Biden’s pause on tariffs against the import of Chinese solar…
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USDA Secretary Supports Summer Sales of E15 Fuel
Expects the environmental waiver to support the supply chain. The Environmental Protection Agency (EPA) has waived summer air pollution rules for the second year in a row. This…
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DOT Announces Funding for Acceleration of Regional Infrastructure
The department will approve projects for competitive grants. The Department of Transportation added $24 million in grants to its Regional Infrastructure Accelerators Program, bringing the total amount of…
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Treasury Reaches Settlement with British American Tobacco
Resolves alleged violations of U.S. sanctions against North Korea. The Department of the Treasury reached a legal settlement with British American Tobacco (BAT) on Thursday, allowing the company…
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Interior Commits Funding to Digitize Indigenous Oral History
The Federal Indian Boarding Schools Initiative will receive $4 million. The Department of the Interior announced the expansion of its Federal Indian Boarding School Initiative, committing $4 million…
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FDA Approves First Vaccine for Respiratory Syncytial Virus
First doses will be available in the Fall. British drugmaker GlaxoSmithKline (GSK) announced this week that the Food and Drug Administration (FDA) has approved their respiratory syncytial virus…
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DOJ Arrests 288 Suspects in Illegal Opioid Trafficking Case
Operation SpecTor targets international drug sales on “dark web.” The Department of Justice announced the successful conclusion of “Operation SpecTor” this week, having arrested 288 suspects involved in…
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Federal Reserve Raises Interest Rates Again
Currently at 5 percent. Federal Reserve officials raised interest rates a quarter of a percent Wednesday. Rates are now at their highest since 2007. This increase is yet another…
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