News from October 2023
By Federal Newswire Report | Oct 13, 2023
The U.S. Department of Defense (DoD) revealed their endorsement of the Biofabrication Technician Registered Apprenticeship Program. Launched in collaboration with BioFabUSA, this initiative is tailored to nurture the U.S. biofabrication sector, providing comprehensive training to the next generation of professionals in this burgeoning field.
By Federal Newswire Report | Oct 13, 2023
The U.S. Department of Energy (DOE) revealed that 66 hydro facilities across the nation will be granted over $38 million in incentive payments for their electricity generation and sales.
By Federal Newswire | Oct 13, 2023
The Federal Trade Commission (FTC) has reached a settlement with the bankrupt cryptocurrency company Voyager over false claims that customer accounts were insured by the Federal Deposit Insurance Corporation (FDIC). Voyager, which lost more than $1 billion through cryptocurrency investments, misled its customers and is now permanently banned from handling consumers' assets.
By Federal Newswire | Oct 13, 2023
The Federal Trade Commission (FTC) has proposed a new rule to ban junk fees in all aspects of finance. The rule, announced on Oct. 11th, aims to protect consumers and honest businesses from unexpected and unnecessary fees that can cost them tens of billions of dollars per year.
By Federal Newswire | Oct 13, 2023
The Consumer Price Index for September was released by the U.S. Bureau of Labor Statistics earlier today. Over the last month, the Consumer Price Index rose 0.4% and prices in September are 3.7% higher than they were this time last year. The inflation rate in the United States has climbed 0.7% since June, but has remained at 3.7% for the months of August and October.
By Federal Newswire | Oct 12, 2023
Caroline Ellison, the former CEO of Alameda Research, testified during Sam Bankman-Fried's fraud trial that one of her goals was to increase regulatory pressure on Binance in order to boost the market share of FTX, the crypto exchange associated with Alameda Research. Ellison revealed this information as she discussed her role in trying to prop up FTX and Alameda during the trial on October 11.
By Federal Newswire | Oct 12, 2023
The Biden Administration has announced additional security assistance for Ukraine, as part of its ongoing efforts to support Ukraine's defense and security needs. Secretary of Defense Lloyd J Austin III made the announcement at the Ukraine Defense Contact Group, stating, "Today at the Ukraine Defense Contact Group, we announced additional security assistance to meet Ukraine’s critical security and defense needs" (Austin, quoted in the article).
By Federal Newswire | Oct 12, 2023
John Reed Stark, the president of John Reed Stark Consulting LLC and a former chief of the SEC's Office of Internet Enforcement, has shared three reasons why he believes Sam Bankman-Fried (SBF), the founder and former CEO of crypto exchange FTX, will likely be convicted. According to Stark, one reason is that multiple former corporate insiders, including former Alameda Research CEO Carolina Ellison and FTX co-founder Gary Wang, have already pled guilty to charges of fraud and are cooperating with prosecutors.
By Federal Newswire | Oct 12, 2023
In a recent Senate Subcommittee Hearing, expert Jenny Town emphasized the critical importance of diplomacy, citing the evolving dynamics between Moscow and Pyongyang. Senior Fellow and 38 North Program Director Jenny Town called to testify before the Senate Subcommittee on East Asia, The Pacific, and International Cybersecurity Policy. The recent summit between North Korean leader Kim Jong Un and Russian President Vladimir Putin serves as a significant reminder of the rapidly evolving geopolitical landscape on the Korean Peninsula. Speaking at a Senate Subcommittee Hearing on...
By Federal Newswire | Oct 12, 2023
The U.S. Supreme Court has upheld a Texas election law known as S.B. 1111, which aims to ensure that Texans vote in the correct precinct corresponding to their current residence. The law has been defended by the Texas Public Policy Foundation (TPPF) and the Texas Attorney General’s Office, and its affirmation by the Supreme Court has been met with celebration.
By Federal Newswire | Oct 12, 2023
Urgent action is needed to protect youth from the rising threat of fentanyl-related deaths, according to the American Foundation for Prevention and Intervention (AFPI). The organization emphasizes that "ignorance is not an option for American schools" when it comes to addressing this crisis.
By Federal Newswire | Oct 12, 2023
The America First Policy Institute (AFPI) has filed comments opposing the Biden Administration's proposed revisions to the National Environmental Policy Act (NEPA) Implementing Regulations. The AFPI alleges that the proposal, known as the "Phase 2 Proposal," would roll back important reforms made in the past and add further complexity and delays to the federal permitting process.
By Federal Newswire | Oct 12, 2023
The Federal Trade Commission (FTC) has taken action on the $5.2 billion cash-and-stock deal between private equity firm Quantum Energy Partners and natural gas producer EQT Corporation due to antitrust concerns. The announcement highlights the significant competition between Quantum and EQT in the Appalachian Basin, which is recognized as the U.S.'s premier natural gas-producing region.
By Federal Newswire | Oct 12, 2023
Binance, the largest cryptocurrency exchange in the world, has been assisting Israeli law enforcement in freezing accounts and seizing funds associated with terrorist organizations, specifically the militant group Hamas and its Lebanese ally Hezbollah. In a partnership with Israel's Ministry of Defense, Binance helped seize $1.7 million worth of digital assets from accounts linked to Hezbollah and Iran's Islamic Revolutionary Guard Corps' Quds Force.
By Federal Newswire | Oct 12, 2023
Martin Chorzempa and Samm Sacks, senior fellows at the Peterson Institute for International Economics and Yale Law School, respectively, have authored an article discussing China's new rulebook on data regulation. The authors argue that these new regulations could benefit businesses and suggest President Xi Jinping's commitment to supporting the private sector, even at the potential cost of reduced state control in a crucial security area.
By Federal Newswire | Oct 11, 2023
Bureau of Reclamation selects Alan Heck to fill the position of manager of Klamath Basin area office, after he served in the acting manager position since January.
By Federal Newswire | Oct 11, 2023
For those who cannot attend in person, the Southern Oregon Resource Advisory Council will provide a way for the public to attend virtually. Public comment is only happening on Tuesday, Oct. 17.
By Federal Newswire | Oct 11, 2023
Dr. Ely Ratner, the Assistant Secretary of Defense for Indo-Pacific Security Affairs, provided a preview of the Department of Defense's annual China Military Power Report during a conference hosted by the Center for Strategic and International Studies (CSIS) on October 5. According to Ratner, the report emphasizes China's increasing use of the People's Liberation Army (PLA) as an instrument for coercion rather than relying on financial and economic tools to achieve its goals.
By Federal Newswire | Oct 11, 2023
The U.S. Department of the Interior has announced the establishment of two new national wildlife refuges in Wyoming and Tennessee. This marks the second and third wildlife refuges created by Interior Secretary Deb Haaland and brings the total number of units in the National Wildlife Refuge System to 570.
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By Federal Newswire | Oct 11, 2023
Rep. Mike Gallagher, chairman of the Select Committee on the Chinese Communist Party (CCP), has urged American business leaders and policymakers to plan for a potential Chinese invasion of Taiwan and consider the impact of U.S. supply chain dependence on China if such an invasion were to occur. In an opinion piece for the New York Post, Gallagher shared that he and other committee members conducted a war game with Wall Street executives last month, revealing varying views on China and Taiwan within the business community.
