Funding proposed to strengthen America’s military and take care of service members. The House Armed Services Committee has sent to the floor for a vote the highest-ever Defense…
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FTC Appeals Dismissal of Antitrust Case to 2nd Circuit
Maintains “pay-for-delay” practice by a pharmaceutical company violates antitrust law. The Federal Trade Commission (FTC) has appealed a federal district court’s dismissal of an antitrust case. The commission…
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Veterans’ Cost-of-Living Increase Passes in the House
Bipartisan support given to legislation that guarantees annual cost-of-living increase. House legislators recently finalized plans to secure a cost-of-living increase in veterans’ benefits for the upcoming year, and…
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DOE Finalizes Window Air Conditioner Efficiency Standards
The department continues to address backlog of energy efficiency updates. The Department of Energy (DOE) finalized new energy efficiency standards for window air conditioners on Thursday, continuing to…
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Department of Energy Regulations on Air Conditioners
The regulations are meant to reduce consumer energy costs and cut pollution. In an effort to both cut air pollution and reduce consumer costs, the Department of Energy…
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Legislation Introduced to Cap Insulin Prices
Representative Bush says, “We cannot solely rely on the whims of pharmaceutical companies.“ Senator Bernie Sanders of Vermont has introduced a bill that would cap the list price…
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Fed Rate Hikes Could Come Quicker
Chairman Powell cites an unexpectedly strong economy. The Federal Reserve may speed up interest rate hikes more than expected in their endeavors to combat inflation, Federal Reserve Chairman…
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Another January Inflation Marker Higher Than Expected
President says there is more work to do. The Federal Reserve’s preferred method of measuring inflation, the Personal Consumption Expenditures Price Index (PCE), rose to an annualized 5.4 percent…
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Nation’s Household Debt at $16.9 Trillion
Greatest increase in two decades hits record. A new report from the Federal Reserve reveals that U.S. household debt has risen to a record $16.9 trillion in the…
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January Inflation Higher Than Expected
Labor Department reports inflation now at a 6.5 percent annual rate. The U.S. Department of Labor released its January consumer price index Tuesday which reflected a half percentage…
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