House Speaker Responds to President’s Proposed Budget

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…

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House 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…

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Treasury 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…

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House 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…

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Air 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…

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Pentagon 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…

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Treasury 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…

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Chinese 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…

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USDA 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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