News published on Federal Newswire in February 2024

News from February 2024


FAA announces $970 million in funds to enhance 114 airports in US

The Federal Aviation Administration (FAA) has announced that it will allocate $970 million in funds to U.S. airports across 44 states and three territories, a move supported by the Bipartisan Investing in America agenda.


HHS report states that refugees contributed $124 billion to the economy over 15-year period

The U.S. Department of Health and Human Services (HHS) has published a report detailing the economic contributions of refugees and asylees, amounting to $124 billion over a 15-year period. The report, titled "The Fiscal Impact of Refugees and Asylees at The Federal, State and Local Levels From 2005-2019," aims to inform lawmakers about the economic benefits brought by this demographic group to aid in decisions regarding refugee resettlement services.


HHS announces $5.1 million in funds to help LGBTQI+ individuals with their mental health

The U.S. Department of Health and Human Services (HHS) has allocated a $5.1 million grant to enhance mental health services for members of the LGBTQI+ community and their families. The funds will be distributed through the Substance Abuse and Mental Health Services Administration (SAMHSA).


The United States has published a cybersecurity advisory on the People's Republic of China

The United States, in collaboration with international partners, has issued a cybersecurity advisory concerning the People's Republic of China (PRC). The advisory pertains to state-sponsored hacking attempts on U.S. Critical Infrastructure and offers insight into China's efforts to mask its cyber activities while promoting the reporting of suspected incidents.


The US Department of Commerce has released an update to their Equity Action Plan

The United States Department of Commerce has published an update to its 2023 Equity Action Plan, outlining new commitments aimed at promoting equity. The Equity Action Plan forms part of the Department's initiatives to ensure equal opportunities for all Americans.


A foreign national who used cybercrime schemes to steal tens of millions of dollars pleads guilty

A foreign national has recently pleaded guilty for their involvement in a cybercrime scheme that resulted in tens of millions of dollars in losses. The individual, a Ukrainian national, played a part in two separate, extensive schemes that led to significant financial losses.


Equity Action Plan by VA is launched to ensure all Veterans receive health care benefits

The Department of Veteran Affairs (VA) has unveiled a 2024 Equity Action Plan aimed at ensuring all Veterans receive the health care benefits they have earned. The department recently conducted a study to identify any disparities in grant rates for mental health conditions through disability compensation.


270 million USD is being awarded to build the resiliency of the United States food supply chain

The United States Department of Agriculture (USDA) has declared that over $270 million in funding will be made available to enhance resilience in the food supply chain. The funding is being awarded through the Resilient Food Systems Infrastructure program, which is administered by the Department.


Funds forfeited by United States from intercepting machinery to Russia is going to support Ukraine

Nearly $500,000 will be allocated to provide aid to Ukraine following the interception of advanced military-grade machinery. The funds were secured after dismantling an illegal procurement network that attempted to import these machines into Russia.


Report by the Consumer Financial Protection Bureau shows that large banks are charging higher interest rates than small banks

A recent report by the Consumer Financial Protection Bureau (CFPB) reveals that large banks have been imposing significantly higher interest rates compared to smaller banks and credit unions. This discrepancy in rates is causing the average borrower to lose substantial purchasing power.


United States has been battling Russian and Chinese cyber espionage operations

FBI Director Christopher Wray has revealed that the Federal Bureau of Investigation, in conjunction with its internal allies, has disrupted a network of over 1,000 internet routers compromised by Russian hackers. A Russian military intelligence agency had reportedly been utilizing these routers for espionage operations against the United States and its allies.


Lawmakers find that five American venture capital firms invested more than $1 billion in China's semiconductor industry

A recent report has revealed that five American venture capitalist firms have invested over $1 billion in China's semiconductor production since 2001. The US government has deemed the Chinese semiconductor sector a security threat due to its rapid advancements.


EPA removes Portsmouth Naval Shipyard from superfund list

The U.S. Environmental Protection Agency (EPA) has decided to remove the Portsmouth Naval Shipyard from the National Priorities List (NPL), also known as the "superfund" list. The shipyard, located in Kittery, Maine, no longer requires remediation according to the EPA.


U.S. Department of State , DOS said Governments of US, UK and Canada join forces to fight foreign information manipulation

The governments of the United States, the United Kingdom, and Canada have endorsed an initiative aimed at countering foreign information manipulation and interference. Recognized as a national security threat, this tripartite alliance seeks to proactively combat misinformation that could potentially undermine democracy and human rights on a global scale.


Associations petition White House to improve implementation of made in America requirements

A group of national trade associations has appealed to the White House, seeking improvements in the execution of the "made in America" stipulations for construction materials and products. The coalition expressed difficulties in navigating what they termed as the "opaque and unbalanced implementation" by the White House Office of Management and Budget (OMB).


From Natural Resources to Natural Asset Companies: Tom Jankovsky's Challenges in Garfield County

Tom Jankovsky is the public lands planning lead for the Board of County Commissioners in Garfield County, Colorado. He was inducted in the Colorado Ski and Snowboard Hall of Fame in 2012.


Former Paxos chief risk officer: 'Which bank executives are in jail for the many, many AML/KYC failures that plagued that industry?'

Austin Campbell, an adjunct professor at Columbia Business School and former chief risk officer at Paxos, expressed to Federal Newswire that the potential imprisonment of Changpeng Zhao (CZ), co-founder and former CEO of cryptocurrency exchange Binance, for over a year could prompt inquiries as to why traditional bank executives have not been incarcerated for similar offenses. Campbell highlighted that despite both CZ and Sam Bankman-Fried, founder and former CEO of crypto exchange FTX, facing criminal sentences, their cases are distinctly different.


U.S. Rep. Curtis following trip to the border: 'The cartels are in charge, not the U.S. government.'

U.S. Representative John Curtis (R-Utah) recently visited the southern border and observed that the control of cartels was superior to that of the U.S. In a press release, which Curtis posted on his website, he stated that this situation impacts all Americans, not just those residing on the border.


Financial Fairness Alliance director on new Ecosystem Accounting: 'It is an appendage of the state ready to justify anything'

Justin Bis, director of the Financial Fairness Alliance (FFA), stated that the "elites" have not conceded defeat, despite the withdrawal of the Natural Asset Company (NAC) proposal. In a recent opinion piece penned for the Washington Examiner, Bis claimed that the new concept of "Ecosystem Accounting" is their next move, an approach he criticizes as being based on misleading statistics rather than factual data.


The Elders, Future of Life Institute letter warns existential threats have put humanity on a precipice

The Elders and the Future of Life Institute (FLI) have announced a joint appeal to global leaders, urging them to adopt a forward-thinking "long-view leadership" approach to address existential threats facing humanity. These pressing dangers include climate change, pandemics, nuclear weaponry, and unregulated artificial intelligence.