News from February 2024

By Federal Newswire | Feb 10, 2024
The United States is making strides to reduce the barriers of entry into the research and development process of semiconductors, with an investment exceeding $5 billion in the Creating Helpful Incentives to Produce Semiconductors (CHIPS) R&D Investments. This includes the establishment of the National Semiconductor Technology Center (NSTC).

By Federal Newswire | Feb 9, 2024
U.S. Representatives Jim Banks (R-Ind.), Elise Stefanik (R-N.Y.), and Michael Waltz (R-Fla.) have penned a letter to Attorney General Merrick Garland, urging the U.S. Department of Justice (DOJ) to investigate whether the International Crisis Group (ICG), a Brussels-based non-governmental organization, is unlawfully representing the government of Iran. The letter was made public on Banks' Congressional site.

By Austin Campbell | Feb 9, 2024
“Even $1 of funding to Hamas is too much,” I was told, in a private meeting with a good friend at a major US regulator, to explain the antipathy of some US politicians towards crypto.

By Federal Newswire | Feb 9, 2024
Tufco LP, a Green Bay-based industry leader in the manufacturing of branded and industrial wet and dry wipe products, has been fined $194,000 for violating federal regulations. The violation pertains to an incident involving the amputation of an employee’s fingertips last summer. It was also discovered that the company neglected to report the incident as mandated by federal law.

By Federal Newswire | Feb 9, 2024
Ryan Young is a senior economist at the Competitive Enterprise Institute.

By Federal Newswire | Feb 9, 2024
Lyft, Inc. has joined forces with the Department of Homeland Security (DHS) on an initiative known as the Blue Campaign, designed to combat human trafficking. Lyft drivers will now have access to information about human trafficking via the Blue Campaign in the company's app.

By Federal Newswire | Feb 9, 2024
The U.S. Department of the Treasury has published an analysis indicating that the Inflation Reduction Act (IRA) has yielded a substantial return on investment.

By Federal Newswire | Feb 8, 2024
The United States Department of the Treasury has published its 2024 national risk assessments, focusing on terrorist financing, proliferation financing, and money laundering. The report underlines the most substantial financial threats currently confronting the United States.

By Federal Newswire | Feb 8, 2024
The U.S. Department of Justice has lodged a complaint against the former president and co-owner of Cardiac Imaging Inc., via the U.S. District Court, under the False Claims Act (FCA). The company is known for providing mobile cardiac positron emission tomography (PET) scans.

By Federal Newswire | Feb 8, 2024
Smith, along with other House Republicans, has initiated a series of bills intended to counteract President Joe Biden’s 30x30 initiative. Having been elected to the state House of Representatives in 2022, Smith introduced House Concurrent Memorial 2005. This legislation calls upon Congress and Biden to endorse the Reverse 30x30 initiative, which aims to return 30% of federally controlled lands to their respective states by 2030.

By Federal Newswire | Feb 8, 2024
Austin Campbell, founder and managing partner of Zero Knowledge Consulting, a firm specializing in data processing systems design, has offered his perspective on the ongoing debate about cryptocurrency and its potential use in financing terrorism. Campbell suggests that it is crucial for the government to clarify whether its objective is specifically to target funding for Hamas or to shut down all possible funding channels, a move which could potentially exacerbate the situation.

By Federal Newswire | Feb 8, 2024
The U.S. Justice Department (DOJ) and the state of North Carolina have secured a $13.5 million agreement with the First National Bank of Pennsylvania to settle claims of redlining in North Carolina. Redlining is a discriminatory practice that involves systematic denial of services to residents of certain geographic areas based on their race.

By Federal Newswire | Feb 8, 2024
The U.S. Department of Housing and Urban Development (HUD) has pledged approximately $20 million to Native American communities in a bid to bolster infrastructure projects. This initiative forms part of HUD's commitment to uphold its responsibilities towards tribal Nations, respecting their sovereignty while enabling them to flourish.

By Federal Newswire | Feb 8, 2024
Employees from the Department of Homeland Security (DHS) have been diligently preparing for over a year-and-a-half to ensure the smooth execution of this weekend's Super Bowl in Las Vegas. DHS Secretary Alejandro N. Mayorkas visited the city this week to review assessments with city and local officials.

By Federal Newswire | Feb 8, 2024
Omid Malekan, an author and adjunct professor at Columbia Business School, has expressed concerns about the impact of U.S. regulatory agencies on both the cryptocurrency industry and the traditional financial sector. In a statement posted on X, Malekan singled out U.S. Sen. Elizabeth Warren (D-Mass.) for her role in the difficulties faced by U.S. banks with ties to the crypto industry.

By Federal Newswire | Feb 8, 2024
In a recent incident, Border Patrol Agents in the Tucson Sector apprehended migrants who were attempting to blend into the desert surroundings by wearing camouflage. This revelation was shared on social media by Chief Patrol Agent John R. Modlin.

By Federal Newswire | Feb 7, 2024
A non-profit hospital system based in New York City has consented to pay $4.75 million for contravening the Health Insurance Portability and Accountability Act (HIPAA). The inquiry was led by the U.S. Department of Health and Human Services (HHS) and the Office for Civil Rights (OCR), an agency within HHS that implements federal civil rights, privacy, and security laws in health care.

By Federal Newswire | Feb 7, 2024
The Israel Security Supplemental Appropriations Act was released today by Defense Subcommittee Chairman Ken Calvert, providing $17.6 billion in military assistance for Israel. This measure also includes important funding for U.S. Forces in the region. Subcommittee Chairman Calvert is joined by Committee Chairwoman Kay Granger, State and Foreign Operations Subcommittee Chairman Mario Diaz-Balart, Majority Leader Steve Scalise, Majority Whip Tom Emmer, and Conference Chair Elise Stefanik as original cosponsors of the bill.The House took action in response to the October 7th...

By Federal Newswire | Feb 7, 2024
Washington, D.C. — U.S. Senator Patty Murray (D-WA), Chair of the Senate Appropriations Committee, along with Senate Majority Leader Chuck Schumer (D-NY) and Senator Chris Murphy (D-CT), discussed the Senate's bipartisan national security supplemental package in a press call today.During the call, Senator Murray highlighted the key provisions of the package. She emphasized the importance of supporting Ukraine in its struggle against Putin's invasion, stating, "As Ukraine runs low on ammunition to fend off Putin's brutal invasion, we need to finally extend our support."...

By Federal Newswire | Feb 7, 2024
Sheriff Jeff Richards of Franklin County, Kansas, expressed his concerns to the Federal Newswire about the impact of the southern border crisis on smaller communities and law enforcement agencies. He emphasized the need for additional resources to effectively combat cartels.