President Says Nippon Steel to Invest in U.S. Steel Instead of Purchasing

He made the announcement at the White House during the visit with Japanese Prime Minister Ishiba. President Donald Trump announced that Japanese company Nippon Steel will “invest heavily”…

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Senate Confirms Scott Bessent as Treasury Secretary

Members of the upper chamber of Congress continue through the confirmation process of the president’s Cabinet. The Senate confirmed Scott Bessent as the new Secretary of the Treasury…

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FAA Invests $332 Million to Modernize Airport Facilities

The funding will upgrade baggage systems, runways, and more across 32 states. The Federal Aviation Administration announced over $332 million for the modernization of American airports, distributing 171…

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DOI Announces $514 Million for Western Water Storage Projects

Three states receive funding for dams, reservoirs, and water pipelines. The Department of the Interior (DOI) announced $514 million for five water storage and conveyance projects in four…

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IRS Releases Final Rules for Hydrogen Production Tax Credit

Clarifies wage and apprenticeship standards for Regional Clean Hydrogen Hubs program participants. The Internal Revenue Service (IRS) released its final rules for its Clean Hydrogen Production Tax Credit,…

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Congress Reauthorizes Economic Development Administration

Commerce secretary commends the reauthorization. Commerce Secretary Gina Raimondo celebrated Congress’s reauthorization of the Economic Development Administration (EDA) this month, a Commerce Department agency that has not been…

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FTC Warns of Increase in “Task Scams”

Reports of job fraud have quadrupled in 2024. The Federal Trade Commission (FTC) reported a rise in “task scams,” a type of online job fraud where victims are…

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Commerce Department Signs Cooperation Agreement with Angola

The trade agreement launches commercial partnership between countries’ private sectors. Secretary of Commerce Gina Raimondo signed a trade agreement with Angolan Commerce Minister Rui Miguêns de Oliveira this…

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J.P. Morgan Settles SEC Charges for Investor Misconduct

The firm agrees to pay over $151 million for misleading disclosures, fiduciary breaches, and conflicts of interest in multiple enforcement actions. The U.S. Securities and Exchange Commission (SEC)…

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Transportation Department Funds 122 Railroad Improvement Projects

$2.4 billion in funding will reconstruct tracks, and improve bridges and intercity routes. The Department of Transportation (DOT) announced that $2.4 billion has been allocated to 122 rail…

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