News published on Federal Newswire in June 2023

News from June 2023


Wilson Center’s Mark Green: China’s ‘developing economy’ classification should be changed

The president of a center chartered by Congress that gives policymakers nonpartisan counsel and insights on global issues has contended that the People’s Republic of China should not ask for developing nation status if it wants to be respected as a great power.


Congressional Western Caucus: 2023 Farm Bill should focus on 'programs that work well and are proven effective'

The Congressional Western Caucus said the 2023 Farm Bill should be focused on programs that work well and are proven effective – rather than siphoning funding and technical staff for unproven climate projects.


Responsive and Responsible Bank Regulation and Supervision

News Release: It is a pleasure to be with you here in Salzburg.1 Bank regulators, particularly in the United States, have come to an inflection point where we are again taking stock of the reforms implemented after the 2008 financial crisis and evaluating whether these reforms have proven to be sufficient. One justification for pushing these reviews forward has been the recent stress in the banking system.


Rep. Dunn: 'Adam Schiff’s reprehensible actions while serving in Congress are dishonest'

The U.S. House of Representatives decided to censure Democratic Congressman Adam Schiff for when he held investigations into former President Donald Trump as the head of the House Intelligence Committee.


Former DHS secretary: 'The border is effectively controlled by the Mexican cartels'

Chad Wolf, former Department of Homeland (DHS) secretary, criticized the Biden administration for the grave conditions at the southern border.


Rep. Gallagher criticizes Biden Administration’s relationship with China, calling it ‘zombie engagement’

Rep. Mike Gallagher (R-WI) recently commented on ongoing mistakes the White House has made in its dealings with China, including claiming that the Biden Administration is employing the same approach to the Chinese Communist Party (CCP) that has been tried and failed for the past 30 years.


USBP Chief Raul Ortiz: 'Border conditions are dangerous'

U.S. Border Patrol Chief Raul Ortiz said that conditions at the southern border continue to be hazardous, commenting on the number of rescues Border Patrol agents have had to perform.


Sen. Lankford: He and Sen. Sinema 'working to crack down on social media companies who are allowing the cartels to advertise, promote how to illegally enter the U.S.'

Sen. James Lankford (R-OK) said that he and Sen. Kyrsten Sinema (I-AZ) have been working together to patrol social media activity by cartels using these platforms to recruit teenagers for illegal activities.


Rep. Ivory supports local ownership of federal government lands

Utah Rep. Ken Ivory recently released a slide presentation that argued for local ownership and management of federal government lands.


Taylor-Kale: Department of Defense ‘continues to support industrial sectors of strategic importance to protect American national security’

The Department of Defense, through the Office for the Assistant Secretary of Defense for Industrial Base Policy, has signed a $45.5 million contract with Arconic Corporation to augment missile and munitions production by escalating the manufacturing of HPA (High Purity Aluminum) at its Davenport, Iowa facility.


FGI spokesman: 'The CDC is a taxpayer-funded government agency, not an advocacy organization or political operation'

The Functional Government Initiative (FGI) announced that it has made public a large collection of documents pertaining to its probe into alleged misconduct at the Centers for Disease Control, where the policy objectives may have improperly overshadowed public health issues.


Director of FTC's Consumer Protection Bureau:  'We welcome the Department of Education’s renewed efforts to protect students'

The Federal Trade Commission (FTC) recently released a statement to the Department of Education about its 2022 figures, showing that student loan debt ranks second among types of consumer debt, affecting more than 45 million borrowers who owe a combined $1.75 trillion.


RFK Jr. says Biden's comments on China violate 'Diplomacy 101'

Democratic Presidential Candidate Robert F. Kennedy Jr. took to Twitter to attack President Joe Biden for Biden's recent handling of relations with China after Biden referred to Chinese leader Xi Jinping as a "dictator."


Houchin on digital assets: 'There is no reason why the U.S. shouldn't lead in this space'

In light of the recent House Financial Services Committee (HFSC) hearing on digital assets, U.S. Rep. Erin Houchin (R-IN) has emphasized the urgent need for market-structure legislation for digital assets.


Schuster: ‘PIMCO failed to comply’ with critical obligations

An American investment management firm that concentrates on active fixed-income management has agreed to pay a combined $9 million penalty after the U.S. Securities and Exchange Commission found that the company violated disclosure plus policies and procedures law.


Tax and policy expert says Congress should reverse 2017 tax cuts 'that have failed to deliver promised economic benefits’

An expert on the economy and tax policy is criticizing a Republican effort in Congress to advance a measure that would exacerbate the U.S. debt ratio by cutting taxes on wealthy corporations.


Chandy: 'This bill protects the civil rights of everyone, and it's long overdue'

In a historic moment, the highly anticipated Equality Act has been introduced, heralding a major stride in protecting the civil rights of individuals nationwide.


Rainer: Data breaches 'are a recurring issue across the healthcare industry'

Yakima Valley Memorial Hospital reached a settlement with the Office for Civil Rights of the U.S. Department of Health and Human Services following an investigation under the Health Insurance Portability and Accountability Act of 1996.


Ferreira: Bit2Me funding ‘will be a boost to get new clients’

A prominent crypto exchange based in Spain has progressed in its growth strategy by raising 14 million euros in part to expand into Latin America.


Week ending June 10: 9 notices published by Federal Reserve System

There were nine notices published by the Federal Reserve System in week ending June 10, according to the Federal Register.