Rules could impact large technology companies. The Federal Trade Commission is beginning to write federal rules to expand online privacy protections. If they are adopted, the rules could…
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Senator Wyden Proposes Oil Company Tax Hike
Tax would be on “excess profits.” Senator Ron Wyden of Oregon is introducing the Taxing Big Oil Profits Act, which he says will accentuate the tax burden of…
Read MoreSenate Passes “Inflation Reduction Act”
$740 billion bill addresses social spending and taxes. In a session that convened on Saturday, the U.S. Senate spent the night and part of Sunday working its way…
Read MoreVA Prepares to Implement PACT Act
Department creates a website that explains the new bill to veterans. The Department of Veterans Affairs announced the launch of a new website in tandem with the Senate’s…
Read MoreSenator Portman Questions Cyber Ambassador Nominee
Concerns were expressed regarding “overlapping responsibilities” within cyber roles. This week, the Senate began the nomination hearing for Nathaniel Fick, President Biden’s nominee for ambassador at large within…
Read MoreSenate Approves Sweden and Finland NATO Membership
The measure had broad bipartisan support. The Senate voted to ratify requests from Finland and Sweden to join the North Atlantic Treaty Organization (NATO) in an effort to…
Read MoreLegislation Would Guarantee Refunds for Canceled Flights
Senator Ed Markey of Massachusetts says, “Enough is enough.” Legislation was introduced Monday in both the House and Senate that would require airlines to provide cash refunds to…
Read MorePresident Nominates Next Chief of Space Force
General Raymond will retire after a 38 year military career. Last week, President Joe Biden nominated Lt. General B. Chance Saltzman to be the second-ever chief of operations…
Read MoreCHIPS Act Passed by House of Representatives
The measure now awaits the president’s signature. On Thursday, the House of Representatives passed legislation to support the production of semiconductors, increase employment in that industry, and technologically…
Read MoreSenate Passes Chip Manufacturing Bill
The objective is stronger competition with China. With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…
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