News from April 2024
By Federal Newswire | Apr 1, 2024
As the housing industry gears up to celebrate New Homes Month in April, the focus is on the shifting preferences of homebuyers amidst ongoing affordability challenges.According to a report by the National Association of Home Builders (NAHB), there has been a noticeable trend towards smaller homes in response to the needs of prospective buyers. NAHB Chairman Carl Harris emphasized that "homeownership remains a goal for families who are eager to put down roots and have a place to call their own."The report revealed that a significant percentage of builders have been...
By Federal Newswire | Apr 1, 2024
Chairman Mike Gallagher and Ranking Member Raja Krishnamoorthi of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party have raised concerns about Chinese biotech companies operating in the U.S. and their potential ties to the Chinese military. In a letter to Secretary of Defense Lloyd Austin, the lawmakers highlighted the need to identify and label Chinese companies aiding the CCP in military biotech research as ‘Chinese Military Companies.’Gallagher and Krishnamoorthi emphasized the urgency of the situation,...
By Federal Newswire | Apr 1, 2024
David Kappos is a partner at Cravath, Swaine and Moore. He is also the former undersecretary for intellectual property at the US Department of Commerce and former head of the US Patent and Trademark Office.
By Federal Newswire | Apr 1, 2024
The Justice Department announced today that two directors of Warner Bros. Discovery Inc. (WBD) have resigned from the WBD board after the Antitrust Division expressed concerns that their positions on both the WBD and Charter Communications Inc. boards violated Section 8 of the Clayton Act (Section 8)."In enacting Section 8 of the Clayton Act, Congress was concerned that competitors who shared directors would compete less vigorously to provide better services and lower prices. We will continue to vigorously enforce the antitrust laws when necessary to address overreach by...
By David Beasley | Apr 1, 2024
Anthony Ruggiero, a senior director at Foundation for Defense of Democracies, testified before the U.S. House Oversight and Accountability Committee about narcotics traffickers in the U.S. and Chinese money launderers.
