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…
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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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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…
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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…
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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…
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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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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…
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Secretary Buttigieg Calls for Freight Rail Reforms
EPA orders Norfolk-Sothern to clean up toxic pollution. In the wake of the train derailment in East Palestine, Ohio, Transportation Secretary Pete Buttigieg has unveiled freight rail reforms. Freight…
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$660 Million in Funding Available for Port Development
Transportation Department publishes notice of funding opportunity for 2023 fiscal year. The Department of Transportation made $662 million available this week for the development of port infrastructure for…
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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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