White House appears ready to negotiate. President Biden has submitted his budget to Congress. The $6.8 trillion budget addresses four main areas—deficit reduction, lower costs for families, Medicare…
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Regulators Shut Down California Bank
Customers make massive withdrawals after big asset losses. The Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation shut down the Silicon Valley Bank…
Read MoreHouse Votes to Declassify COVID Origins
The unanimous approval follows the previous unanimous vote in the Senate. Legislation passed unanimously in the House would force the declassification of all information President Biden’s administration has…
Read MoreTreasury Department Developing Digital Dollar Technology
Legislators are looking at official cryptocurrency. The Treasury Department’s Under Secretary for Domestic Finance, Nellie Liang, said the administration is developing technology that would help create a central bank…
Read MoreHouse Members Call for New Iran Policy
Bipartisan group calls for tougher methods. A resolution calling for an end to the theocratic regime in Iran has been offered by a bipartisan group in the House…
Read MoreAir Force Sending F-22 Raptors to Pacific
Stealth fighter jets are the world’s most advanced. The small Island of Tinian, just north of Guam in the Pacific, has become home to more than two dozen…
Read MorePentagon Launching Missile Defense Satellites
Plans have been accelerated. The Space Development Agency will be launching 28 new satellites into orbit through 2025—part of its $1.3 billion Tranche 1 Tracking Layer missile warning…
Read MoreTreasury Sanctions Mexican Cartels for Time-Share Fraud
Scam proceeds financed fentanyl trafficking. The Office of Foreign Assets Control in the Department of the Treasury sanctioned eight Mexican companies and three members of the Jalisco Cartel…
Read MoreChinese Minister says Conflict Becoming Unavoidable
U.S. claims interactions are “strategic competition.” The new foreign minister of China, Qin Gang—previously China’s ambassador to the U.S.—issued a warning to the United States. His comments came…
Read MoreUSDA Announces Funding for Native Seeds and Forest Nurseries
Aid will support reforestation efforts throughout the country. The U.S. Department of Agriculture has invested nearly $10 million to support its partnerships with forest nurseries and native seed…
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