Saturday, August 8, 2026

Category: Departments

HUD, Census Report June 2026 New Home Sales Data

The Department of Housing and Urban Development and the U.S. Census Bureau released new residential sales data for June on July 24. The figures provide the most recent snapshot of housing market activity at a time when affordability remains a top economic concern for American families. Monthly new residential sales data serve as a leading indicator of housing market health, builder confidence and mortgage demand. The June figures offer a benchmark for assessing whether the market is accelerating, stabilizing or cooling. The data come as housing affordability remains near historic lows for many American households. High mortgage rates, elevated home

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VA Launches Trial of Ozempic Drug for Veteran Alcohol Use Disorder

The Department of Veterans Affairs launched a clinical trial of semaglutide as a potential treatment for alcohol use disorder in veterans on July 30. The condition affects an estimated 400,000 former service members. Semaglutide is the active ingredient in the weight-loss and diabetes drugs Ozempic and Wegovy. The VA trial is one of the first formal randomized investigations of semaglutide’s potential to reduce addictive behaviors, following preliminary observational studies that suggested GLP-1 receptor agonists may decrease alcohol consumption and cravings, the VA said. Alcohol use disorder is one of the most prevalent and costly conditions in the veteran population, contributing

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EPA Proposes to Ease New Hampshire Ozone Compliance Burden

The Environmental Protection Agency proposed to withdraw New Hampshire from the Ozone Transport Region and separately ease the state’s vehicle inspection and maintenance program mandate on Aug. 6. The actions would be the first of their kind in the regional air quality program’s history. The Ozone Transport Region is a multi-state regulatory framework designed to address regional ozone pollution affecting the Northeast. New Hampshire’s potential withdrawal would be the first time a state has been removed from the OTR since its creation under the Clean Air Act Amendments of 1990. The vehicle inspection mandate changes could reduce compliance costs for

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Interior Department Proposes Arctic Drilling Rule Update

The Marine Minerals Administration under the Department of the Interior proposed rule updates for exploratory drilling on the Arctic Outer Continental Shelf on Aug. 3. The move could open new potential drilling areas consistent with the administration’s energy dominance strategy. The proposed rule would update regulations governing exploration activities in Arctic waters, which contain estimated billions of barrels of oil reserves, the department said. The proposal will be subject to a public comment period before finalization. Arctic Outer Continental Shelf drilling has been a subject of fierce legal and political battles between energy industry advocates who seek access to vast

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Treasury to Host G20 Finance Ministerial in Asheville, North Carolina

The Treasury Department announced it will host a G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina, the department said Aug. 5. The announcement brings one of the world’s most significant economic policy gatherings to a city still recovering from Hurricane Helene’s devastation in 2024. Media credentialing has opened for the meeting, the Treasury Department said, indicating a firm date is set. The G20 Finance Ministerial convenes the top economic officials from the world’s 20 largest economies to address trade, debt, currencies and financial stability. Hosting the meeting in Asheville carries symbolic significance. The western North Carolina

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NOAA Maintains Below-Normal Atlantic Hurricane Season Forecast

The National Oceanic and Atmospheric Administration updated its seasonal hurricane outlook, maintaining its prediction for a below-normal Atlantic hurricane season, the agency announced Aug. 6. Tropical Storm Bertha was active in the Atlantic basin at the time of the forecast update. Below-normal seasons historically produce fewer named storms and major hurricanes, though NOAA emphasized that individual storms can still cause catastrophic damage regardless of overall seasonal activity, the agency said. The updated forecast takes into account sea surface temperatures, atmospheric conditions and the current phase of the El Nino-Southern Oscillation cycle. These large-scale climate drivers influence the formation and intensification

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DOT Invests $870M in Airport Infrastructure Across 44 States

The Department of Transportation announced $870 million in FAA Airport Improvement Program funding for infrastructure upgrades at airports across 44 states and two U.S. territories on Aug. 4. Officials described it as one of the widest-reaching single airport investment packages in recent history. The funding supports runway upgrades, safety improvements and family-friendly infrastructure at airports of varying sizes, from major commercial hubs to smaller regional facilities, DOT said. The Airport Improvement Program is the primary federal mechanism for capital investment in the national airport system. The program distributes funds through a formula-based entitlement system supplemented by discretionary grants, ensuring that

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FAA Issues Certification Statement on Boeing 737 MAX-7

The Federal Aviation Administration issued a certification statement regarding the Boeing 737 MAX-7 variant on Aug. 3. The long-delayed aircraft has been awaited by airlines including Southwest Airlines, which has built fleet plans around the smaller MAX variant. The MAX-7 certification is a critical component of Boeing’s production and delivery pipeline. FAA certification is a prerequisite for Boeing to deliver the aircraft to customer airlines. The certification process for the MAX-7 has been significantly delayed amid heightened FAA scrutiny of Boeing’s manufacturing practices and design processes. The delays followed the broader MAX crisis that began with two fatal crashes in

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FTC, Two States Sue Telehealth Company Over Health Data Sharing

The Federal Trade Commission, joined by Utah and California, filed a lawsuit against Hims and Hers Health alleging the telehealth company shared consumers’ sensitive health data without proper disclosure, the FTC announced July 29. Hims and Hers serves millions of users who seek treatment for sensitive conditions including sexual health, mental health and weight loss through its online platform. The lawsuit alleges the company’s data sharing practices violated FTC rules on health data privacy and state consumer protection laws. The bipartisan state coalition joining the FTC signals broad regulatory concern about data privacy practices across the rapidly growing telehealth industry,

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DOJ Withdraws 1987 Antitrust Shield for Proxy Advisory Firm ISS

The Department of Justice Antitrust Division withdrew a 1987 Business Review Letter that had shielded Institutional Shareholder Services from antitrust scrutiny for nearly four decades, the department announced Aug. 5. The move opens the door to potential investigation of a firm that dominates corporate governance recommendations. ISS, along with Glass Lewis, controls more than 90% of the U.S. proxy advisory market, providing vote recommendations to institutional investors on matters including executive compensation, board composition and corporate mergers. By withdrawing the letter, the DOJ signaled it is no longer bound by its 1987 position and is free to investigate whether ISS’s

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