Stories by Commerce Newswire on Federal Newswire



Wyden Hails Biden Administration Steps to Implement Price Gouging Penalties in Medicare

News Release: Washington, D.C. - Senate Finance Committee Chair Ron Wyden, D-Ore., today released a statement after the Centers for Medicare & Medicaid Services (CMS) issued new guidance regarding the implementation of the Inflation Reduction Act’s inflation rebate provisions, which are aimed at preventing price gouging by drug companies and will help lower out-of-pocket costs for medications covered by Medicare.


News Release: WASHINGTON, DC - House Ways and Means Chairman Jason Smith (MO-08) released the following statement in response to the first reading of 2022 Q4 GDP showing 2.9 percent annualized growth...


Crapo Named Ranking Member of Senate Finance Committee

News Release: Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho) will continue to serve as the top Republican of the powerful Senate Finance Committee in the 118th Congress. The Senate Finance Committee oversees more than 50 percent of the federal budget, and Crapo’s position gives Idaho a strong voice in legislation...


News Release: Dear Attorney General Holder: We write today to encourage the Department of Justice (the Department) to continue a vigorous review of potential payment fraud, anti-money-laundering violations, and other illegal conduct involving payments by banks and third-party payment processors. We believe this review...


Comer Applauds Passage of Resolutions Preventing Radical D.C. Council Laws from Going Into Effect

News Release: Dear Mr. Chairman: On Monday, you traveled to New Hampshire to attend a Republican political event and fundraiser, where you gave a speech on Benghazi.[1] You explained the goal of your trip as follows: “I came here to hopefully shape the debate for 2016."[2] After watching a video of your speech, I...


Republicans Seek Immediate Action on Lingering Regulatory Delays

News Release: WASHINGTON, D.C. - Today, House Committee on Natural Resources Chairman Bruce Westerman (R-Ark.) led a group of Republican committee members in sending a letter to U.S. Department of the Interior (DOI) Secretary Deb Haaland and U.S. Forest Service (USFS) Chief Randy Moore, requesting their agencies finalize...


News Release: WASHINGTON, DC - At the Organizing Meeting for the House Committee on Ways and Means, Chairman Jason Smith (MO-08) laid out the agenda for the 118th Congress, including tax relief for middle-class families, fighting the inflation hitting family budgets, ending the labor shortage crushing small businesses, promoting trade policies that open markets to American goods, holding the IRS accountable, and lifting families out of poverty.


Smith: Americans Struggling to Keep Up after Two Years of Biden’s Inflation Crisis

News Release: WASHINGTON, DC - House Ways and Means Chairman Jason Smith (MO-08) released the following statement after the Bureau of Economic Analysis issued its report for December’s personal consumption expenditures (PCE) showing prices increased 5.0 percent from one year ago...


Buchanan Named Vice Chairman of Ways & Means Committee

News Release: WASHINGTON, D.C. - Congressman Vern Buchanan (FL-16) has been named Vice Chairman of the House Ways and Means Committee, Chairman Jason Smith (MO-08) announced today. As Vice Chairman, Congressman Buchanan will use his vast experience with the Committee and from the private sector to ensure Ways and...


Commerce Department discusses North Pacific Fishery Management Council; Public Meeting on Feb. 9

The US Commerce Department published a two page notice on Feb. 9, according to the U.S. Government Publishing Office.


DOC grant application closes on April 22

Alaska Marine Education and Training Mini-Grant Program grant opened on Feb. 10.


Biden-Harris Administration Announces Nearly $3 Million in an Internet for All Grant to Universidad del Sagrado Corazón in Puerto Rico

News Release: The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced today it has awarded Universidad del Sagrado Corazón a $2,978,187.00 grant from the Connecting Minority Communities Pilot Program (CMC).


Finance Committee to Hold Hearing on Werfel Nomination to Lead IRS

News Release: WASHINGTON, D.C. - Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Wednesday, February 15th, 2023, on President Biden's nomination of Danny Werfel to serve as commissioner of the Internal Revenue Service. The hearing will take place at 10:30 a.m. in Room 215 of the Dirksen Senate Office Building.


The US Commerce Department published a one page notice on Feb. 9, according to the U.S. Government Publishing Office.


News Release: WASHINGTON, DC - As part of the Ways and Means Republicans ongoing aggressive oversight of the Biden Administration and the Internal Revenue Service (IRS), Ways and Means Committee Chairman Jason Smith (MO-08) sent a letter today to Acting IRS Commissioner Douglas O’Donnell demanding the agency provide the Committee with a copy of its soon to be completed plan on how it will allocate the $80 billion in funds Democrats provided in their Inflation Reduction Act (IRA)...


News Release: Washington, D.C. - House Energy and Commerce Committee Chair Cathy Rodgers (R-WA) delivered the following opening remarks at today’s full committee markup of Energy and Commerce’s Authorization and Oversight Plan for the 118th Congress.


News Release: The U.S. Census Bureau today premiered a new daily data product: the Index of Economic Activity (IDEA). The index effectively combines 15 of the primary economic data series produced by the Census Bureau to yield a single time series as a weighted combination. IDEA will live at the top of the Census Bureau Briefing Room webpage at .


News Release: Chairman Smith Op-Ed: For America’s economy to work, we need a working-class agenda.


News Release: WASHINGTON, DC - House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Reserve continued its interest rate increases at the fastest rate in 40 years - raising rates another 25 basis points, for a total of 4.5 percent, the eighth increase since March 2022 and cumulatively larger than the past 15 years combined...