News published on Federal Newswire in August 2023

News from August 2023


Political scientist Caitlin Lee: DoD must 'identify and develop the technology that is most likely to advance U.S. interests vis-à-vis China'

Caitlin Lee of the RAND Corporation said in a commentary that the US Department of Defense should resort to Cold War tactics in the rapid technological innovation race between the US and China. Lee is the Director of the Acquisition and Technology Policy Program and a senior political scientist at RAND.


'Expect the silent majority of cities and towns across America to add their voices of pain and protest' over illegal immigration, center senior fellow warns

The mass migration crisis at the nation's southern border is placing immense pressure on public schools, sparking unnecessary crime waves and straining cities across the United States, a fellow from an anti-immigration think tank told lawmakers in Washington during a July 26 hearing.


Comer: "The FTC's decision to send agency officials to Europe to help implement and enforce the European Union's Digital Markets Act under the guise of 'international cooperation' undermines U.S. economic interests."

The House Committee on Oversight and Accountability is investigating the Federal Trade Commission's (FTC) engagement with European officials over the EU's Digital Markets Act, probing possible coordination that may undermine U.S. economic interests.


Cartel Insider: 'I'm bridging a gap that might otherwise leave English readers uninformed about the nuanced realities of the cartel world'

Journalists in Mexico are often targeted for violence by cartels and 2022 has already seen 13 casualties, the deadliest year on record for journalists. The operator of Cartel Insider, a website dedicated to reporting the activities of cartels, explained the unique challenges of reporting news on the cartel in Mexico.


Tennessee Congressman: 'Secretary Mayorkas confessed to the Senate that he didn’t know about the cartels’ use of wristbands in smuggling operations'

U.S. Rep. Mark Green (R-Tenn.), Chairman of the Committee on Homeland Security, raised concerns regarding the flow of information between government agencies.


Monetizing the air we breathe

A new international scheme is being launched in America based on the idea that intrinsic values in nature can be quantified and converted to become investment products.


Antitrust pursuits against Google won’t save legacy media

Gannett, the owner of USA TODAY and a couple of hundred local newspapers, recently joined with the U.S. Department of Justice and attorneys general from mostly blue states by filing suit against Google for violations of antitrust law.


Cardell: 'Any future decision on this new deal will ensure that the growing cloud gaming market continues to benefit from open and effective competition'

Activision Blizzard will sell its streaming rights to Ubisoft Entertainment in an effort to gain approval from the United Kingdom's anti-trust regulator for its $69 billion sale to Microsoft.


Raimondo: 'We’re ensuring that workers have the skills and resources they need to secure good-paying jobs'

Secretary of Commerce Gina Raimondo announced a $1.5 million grant to a college in Mount Vernon, Ga.


Chinese government official sentenced to life in prison

A Chinese government official was sentenced to life in prison Aug. 22, due to his involvement in illegitimate business operations associated with a 2.4 billion Chinese yuan Bitcoin mining venture, alongside unrelated corruption.


Fudge: 'We were able prevent a spike in homelessness during the height of the pandemic'

The U.S. Department of Housing and Urban Development recently released research and data revealing rates of sheltered homelessness decreased in 2021, despite the high housing needs during the COVID-19 pandemic.


PERC launches Conservation Innovation Lab for practical environmental solutions

The Property and Environment Research Center (PERC) has introduced a new Conservation Innovation Lab aimed at transforming its research and policy recommendations into practical conservation efforts. This initiative will focus on developing innovative ideas and solutions to promote sustainable conservation outcomes.


Bitcoin enthusiasm wanes alongside other crypto currencies

Amidst what was initially perceived as the imminent approval of a spot-based Bitcoin exchange-traded fund (ETF), optimism has started to fade, evidenced by $42 million worth of outflows from BTC alone during the week, as of Aug. 21.


Tunheim: "The plaintiffs have not shown how they intend to amend their pleadings to overcome the deficiencies, the Court declines to grant them leave to amend at this time."

In a significant ruling, Minnesota District Court Judge John R. Tunheim dismissed a case accusing defendants of manipulating cattle prices, resulting in a sharp collapse in the market in 2015.


Welcoming Remarks

News Release: Thank you, President Goolsbee. It is a pleasure to be here today to participate in our first in-person Fed Listens event in Chicago since before the pandemic. I am really looking forward to being a part of today's conversation. When we began Fed Listens in 2019, the initiative was part of a broad, comprehensive ...


AI expert: 'China Mobile’s work in the UN is particularly concerning because it could shape norms around the world'

A Chinese state-owned company has submitted proposals to the UN for digital ID requirements for the metaverse.


Kanter: 'Companies in heavily regulated industries are on notice that the division will not hesitate to hold them accountable'

In a pivotal stride against pharmaceutical industry malpractice, the U.S. Department of Justice, alongside federal partners, achieved deferred prosecution agreements with Teva Pharmaceuticals and Glenmark Pharmaceuticals, curbing price-fixing and fostering fair competition.


Gemini seeks to dismiss SEC lawsuit

Cryptocurrency exchange Gemini is seeking to dismiss a complaint filed against it in January by the U.S. Securities and Exchange Commission (SEC) over an alleged unregistered securities offering. A memo filed on Aug. 18 in support of Gemini's motion to dismiss asserts that the SEC has failed to identify both the security and the supposed sale or offering of the security.


Becerra: 'The president’s prescription drug bill is reducing costs and increasing access'

President Joe Biden's Inflation Reduction Act allows individuals with Medicare Part D prescription drug coverage to spread out-of-pocket costs over the year through monthly payments starting in 2025.


Long: 'The United States is unique in having a vibrant and research-intensive biopharmaceutical start-up system'

A new analysis by the Information Technology and Innovation Foundation reveals a striking trend among the world's top 2,500 research and development investors.