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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Treasury Finalizes Limitations on U.S. Investments in Chinese Technologies
American citizens blocked from investing in Chinese AI and semiconductors The Treasury Department recently issued its final rule barring American citizens from investing in critical technologies created by…
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SEC Charges Crypto Market Manipulators in Fraudulent Trading Scheme
Investors were deceived by artificial trading volume and price manipulation. The Securities and Exchange Commission (SEC) filed fraud charges against three companies and nine individuals for engaging in…
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Treasury Offers $498 Million to Low-Income Housing Projects
The funding will provide long-term fixed-rate capital for large-scale construction. The Treasure Department announced $498 million in fixed-rate capital for housing in low-income urban, rural, and Native communities,…
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Secretary of State Attends ASEAN Summit in Laos
Discussions included digital trade, climate, and maritime security. Secretary of State Antony Blinken traveled to Laos this week to attend the East Asia Summit and the U.S.-Association of…
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