President Trump says it will stay open, but the blockage of Iranian ports will continue until a peace deal is reached. President Donald Trump announced on Friday that…
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Treasury and IRS Outline Next Phase of Opportunity Zone Designations
New guidance sets timeline and criteria for states to nominate investment areas beginning in 2026. The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released…
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President Announces Pharmaceutical and Metals Tariffs After National Security Review
His plan sets tiered drug duties tied to domestic production and revises steel, aluminum, and copper import calculations. President Trump issued a proclamation last week imposing new tariffs…
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FTC Warns Major Financial Companies About Debanking U.S. Consumers
The chairman sent letters to major financial companies citing obligations under consumer protection law. Federal Trade Commission (FTC) Chairman Andrew Ferguson sent letters to the chief executives of…
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President Trump Extends Iran Deadline During Ongoing Negotiations
Iran threatens to block the Red Sea Strait of Bab el-Mandeb. President Donald Trump announced the 10-day extension of the U.S. pause of strikes against Iranian energy infrastructure.…
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USDA Announces Grant Funding Connecting Farmers to Local Markets
The program funding supports farmers’ markets, regional food systems, and direct producer-to-consumer sales The U.S. Department of Agriculture (USDA) announced more than $26.8 million in grant funding through…
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U.S. Allies Pledge to Secure Strait of Hormuz
Six nations express willingness to engage in plans to “ensure safe passage through the strait.” President Donald Trump announced that a sixth U.S. ally has committed to securing…
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Transportation Secretary Hosts Safety Forum for Automated Vehicles
Amazon seeks the NHTSA’s approval, even as the agency’s petition review lags. Transportation Secretary Sean Duffy and National Highway Traffic Safety Administration (NHTSA) Administrator Jonathan Morrison recently held…
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Energy Secretary Authorizes LNG Export Expansion at Texas Terminal
The U.S. is now leading the world as the largest producer and exporter of natural gas. Secretary of Energy Chris Wright announced an export authorization for Cheniere Energy’s…
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President Issues Warning to Iran Over the Strait of Hormuz
Iran reportedly began laying naval mines in the strait during Operation Epic Fury. President Donald Trump stated that there would be severe consequences for Iran if they lay…
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