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Labor Department Finalizes Transparency Rule for Pharmacy Middlemen

Pharmacy benefit managers will be required to disclose compensation related to employer health plans. The U.S. Department of Labor finalized a rule last week requiring pharmacy benefit managers…

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Federal Reserve Releases Interest Rate Decision

Interest rates will remain at 3.75-4 percent following an increase earlier in the fall. The Federal Reserve announced its decision to keep interest rates at 3.75 to 4…

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U.S. and Denmark Sign Maritime Cooperation Agreement

The State Department spokesman said, “This partnership will help train America’s shipbuilding workforce faster.” Under Secretary of State for Economic Affairs Jacob Helberg and Danish Foreign Minister Lars…

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Pentagon Approves Production of Second Destroyer at Maine Shipyard

Significant operational improvements at the shipyard resulted in the approval to build a second destroyer this fiscal year. The Pentagon has approved the production of a second Arleigh…

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White House Council of Economic Advisers Issues 10-Year Cost Estimates for DSA Agenda

The projected costs equal $49 trillion, or nearly $400,000 per U.S. household. The White House Council of Economic Advisers (CEA) issued a report, ahead of the midterm elections,…

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U.S. Ambassador to Greece Resigns at President’s Request

She was being investigated for allegedly mistreating staff and leveraging her position for personal gain. U.S. Ambassador to Greece Kimberly Guilfoyle announced her resignation on Tuesday after White…

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White House Announces New Baltimore Shipyard to Support Construction of U.S. Navy Attack Submarines

The new shipyard will be built around software-designed production, and is expected to start delivering submarines by 2032. The White House announced a partnership with Anduril Industries to…

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Vice President Annouces PERM Visa Suspension for Certain Tech Companies

At a White House press conference, administration officials discussed visa policies that replaced American workers. Vice President JD Vance was joined by Labor Secretary Keith Sonderling and Labor…

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Treasury Department Announces Completion of Auto Enrollment in Trump Accounts

Secretary Bessent said this is part of the administration’s “effort to give every American child the opportunity to build generational wealth and jump-start their financial future.” The Treasury…

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Labor Inspector General Launches Inquiry of Hospital Regarding Residencies Awarded to Visa Holders

Rochester General Hospital allegedly selected only two American applicants for its residency program. Department of Labor Inspector General Anthony D’Esposito requested information from Rochester General Hospital in New…

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