White House announces the U.S. in discussions with Beijing officials. The White House National Security Coordinator John Kirby stated that Treasury Secretary Janet Yellen and Commerce Secretary Gina…
Read MoreEconomy
Housing Affordability at Historic Low
Mortgage rates reach 7 percent – housing prices could drop 20 percent. An online real estate marketplace recently reported that barely one in five U.S. households could afford…
Read More
House Votes to Overturn Clean Water Rule
Representatives say the rule was government overreach. President Biden’s administration had issued a “Water of the United States” (WOTUS) rule relating to “navigable waters” under the Clean Water…
Read More
New Energy Legislation Coming in House
The bill would address fossil fuel production and other energy projects. House Speaker Kevin McCarthy of California and other members of the House have been putting together a…
Read More
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…
Read More
Annual Intelligence Threat Assessment Released
Major threats include China, Russia, Iran, North Korea, international economies, and health and food security. Hearings are being held Wednesday before the Senate Intelligence Committee and Thursday before…
Read More
Treasury Sanctions Russian Metals and Mining
Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…
Read More
Commerce Secretary Speaks at School of Foreign Service
She highlights the long-term goals of CHIPS and Science Act. Secretary of Commerce Gina Raimondo spoke at the Georgetown School of Foreign Service recently, addressing investors, faculty, and…
Read More
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…
Read More
FTC and DOJ Host Asia-Pacific Economic Cooperation Workshop
Officials hold a roundtable discussion about competition policy and agency organization. The Federal Trade Commission (FTC) and the Department of Justice (DOJ) hosted a two-day workshop last week…
Read More