Stories by Federal Newswire Report on Federal Newswire

On September 20, Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), made an important announcement. He stated that the Commission had voted to update its rules in accordance with the Privacy Act of 1974. According to the announcement, the improvements are being made in order to modernize the manner in which the SEC keeps and handles personal information within its record-keeping systems.

Johnston: 'Retailers are seeing unprecedented levels of theft coupled with rampant crime in their stores, and the situation is only becoming more dire'

According to the report that was prepared by the NRF for the fiscal year 2022, the rates of shrinkage went up to 1.6% from 1.4% in the previous year. 65% of the shrinkage may be attributed to theft that occurred both internally and outside. Seventy percent of business owners in the retail industry believe that the number of violent acts carried out by members of Organized Retail Crime (ORC) has significantly increased over the past few years.

American Society of Civil Engineers releases findings from 2023 ASCE Civil Engineering Salary Report

On September 27, 2023, the American Society of Civil Engineers (ASCE) published its 2023 Civil Engineering Salary Report. The report indicates that the future is bright for civil engineers in the United States.

DOE provides renewable energy funds for native communities

On September 28, 2023, officials from the United States Department of Energy (DOE) announced the availability of $38 million in finance for 13 projects. The purpose of this announcement was to hasten the transition of Native American and Alaska Native communities to the use of renewable energy technology.

SEC updates public alert list with over 30 new additions

The Securities and Exchange Commission (SEC) is taking measures to protect investors by adding companies suspected of fraud on a list known as PAUSE.

Gensler: 'At the SEC, we work every day to protect investors and facilitate capital formation across the spectrum of communities that make America strong, including underserved communities'

The purpose of the project is to demonstrate the company's continued commitment to making the workplace more welcoming and inclusive for all employees.

Tech investment firm files amicus brief supporting Binance's motion to dismiss SEC lawsuit

By Federal Newswire Report | Sep 29, 2023

Paradigm, a research-driven tech investment firm, has filed an amicus brief in support of Binance's motion to dismiss the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC). The filing states that Paradigm has not invested in Binance and has no financial interest in the case but believes the SEC has overstepped its authority.

Council on Foreign Relations Fellow: Xi Jinping's Belt and Road Initiative 'is not going anywhere'

David Sacks wrote a blog post after President Biden's recent G20 Summit where he introduced the India-Middle East-Europe Economic Corridor (IMEC) intended to counter China's Belt Road Initiative, which Sacks said is not enough. Sacks is a Fellow for Asia Studies at the Council on Foreign Relations.

Vice president of Lexington Institute: 'Countries must begin now to implement a program of Zero Trust cybersecurity'

Dr. Daniel Goure authored a blog post in which he said the U.S. must adopt a Zero Trust Cybersecurity policy in light of recent cyber attacks from countries like China and Russia. Goure is the vice president at the Lexington Institute, a research think tank based in Arlington, Virginia.

CSIS fellow: 'Single most important strategic objective for the United States in relation to minerals policy is reducing reliance on minerals processing capacity in China'

Cy McGeady and Gracelin Baskaran authored a commentary piece for the Center on Strategic and International Studies and said U.S. policy should support export bans on rare mineral production to reduce dependence on China's industry. McGeady is an associate fellow for the Energy Security and Climate Change Program at CSIS, and Baskaran is a research director and senior fellow for the Energy Security and Climate Change Program at CSIS.

Biden-Harris administration to distribute new free COVID-19 tests; COVIDTests.gov reopens

U.S. households will be eligible to order up to four free tests via the website COVIDTests.gov this month

Millions to boost community behavioral health services

The U.S. Department of Health and Human Services (HHS) has granted nearly $130 million via SAMHSA to expand Certified Community Behavioral Health Clinics (CCBHCs) nationwide

NetChoice defends Google as DOJ launches antitrust case, questions motives behind the lawsuit

By Federal Newswire Report | Sep 25, 2023

Aiming to scrutinize Google's market success and the popularity of its search engine, the U.S. Department of Justice (DOJ) has begun its antitrust trial against Google in the U.S. District Court for the District of Columbia. The lawsuit is perceived by some as an attempt to reshape antitrust law to align with a more progressive stance.

University of Phoenix borrowers see debt relief

University of Phoenix borrowers are finally seeing some relief as the Biden-Harris administration announced $37 million in student loan forgiveness for over 1,200 students. This decision comes after the U.S. Department of Education found that the university had misled students through a national advertising campaign, making false promises about employment opportunities.

DOD boost domestic production of critical rare earth magnets

The U.S. Department of Defense (DoD) has taken a significant step towards enhancing domestic manufacturing of rare earth magnets with a $94.1 million investment in E-VAC Magnetics, LLC. Rare earth magnets are essential components in national defense applications like F-35 fighter jets and Unmanned Aerial Vehicles (UAVs), as well as various commercial industries. This funding aims to strengthen the U.S.'s rare earth magnet production capabilities and establish a reliable, domestic supply chain.

Green: 'The consequences of the chaos at the Southwest border have spread throughout our country, impacting all Americans'

In a hearing aimed at Homeland Security Secretary Alejandro Mayorkas, House Committee on Homeland Security Chairman Mark E. Green, MD (R-TN) voiced strong criticisms of the Biden administration's approach to border policies, according to a press release.

Chamber of Progress CEO: 'DOJ's antitrust case against Google has gone off the rails'

Adam Kovacevich, the CEO and founder of the tech industry coalition Chamber of Progress, said the Department of Justice's (DOJ) statements about the Russian government show that its case against Google has derailed. DOJ attorneys commended the Russian government for implementing a choice screen for search engines during ongoing antitrust litigation against Google.

Raimondo: "President Biden’s Investing in America agenda is providing communities like Lewis County with the resources they need to grow local businesses and create new jobs"

Raimondo: "President Biden’s Investing in America agenda is providing communities like Lewis County with the resources they need to grow local businesses and create new jobs"

Fifth Indo-Pacific Economic Framework Negotiating Round Joint Readout in Thailand by the U.S. Department of Commerce and USTR

The fifth round of negotiations for the Indo-Pacific Economic Framework (IPEF) took place in Bangkok, Thailand from September 10-16, 2023. Led by Sharon H. Yuan from the U.S. Department of Commerce and Sarah Ellerman from the Office of the United States Trade Representative, the U.S. delegation worked alongside their counterparts to advance negotiations under Pillars I, III, and IV of the IPEF. This round of negotiations built upon discussions held during the previous round in Busan, South Korea.

The role of Hispanic-serving institutions in preparing the next generation of leaders for the jobs of the future is discussed by Secretary Raimondo.