News published on Federal Newswire in February 2024

News from February 2024


Marco Rubio and Rick Scott highlight threats posed by foreign third-party litigation funding

U.S. Senators Marco Rubio (R-Fla.) and Rick Scott (R-Fla.) have penned letters to the chief judges of Florida's three federal districts, emphasizing the threats to the U.S. judicial system presented by foreign third-party litigation funding (TPLF). The senators expressed that the federal judiciary requires increased transparency around foreign TPLF to avert "hostile foreign actors" from influencing litigation.


ALS Association applauds House passing legislation to ban the use of QALYs

The ALS Association has publicly thanked the House of Representatives for passing H.R. 485, also known as the Protecting Care for All Patients Act. This legislation seeks to ban federal healthcare programs from utilizing Quality-Adjusted Life Years (QALYs).


Woman arrested trying to smuggle $171,600 worth of meth and fentanyl through the Calexico West Port of Entry

A U.S. citizen was apprehended and is set to face federal prosecution after officers from the U.S. Customs and Border Protection (CBP) discovered her in possession of cocaine and fentanyl. The arrest took place last week as the woman attempted to pass through the Calexico West Port of Entry.


US Bureau of Land Management announces $41 million for ecosystem restoration

The U.S. Bureau of Land Management (BLM) has announced the allocation of $41 million for ecosystem restoration funding as part of the Investing in America agenda. This marks the third installment in a series of investments dedicated to ecosystem restoration.


El Paso Port Director Ray Provencio: 'CBP is on the front line of America’s fight against fentanyl and other dangerous drugs'

Ray Provencio, the U.S. Customs and Border Patrol (CBP) port director, has stated that Border Patrol officers are actively working to combat the fentanyl crisis. These comments were made in a press release from CBP, which also detailed a recent fentanyl seizure at the Southern border.


Arizona Legislators file lawsuit against Biden Administration for overreaching power on federal lands

Arizona State Senate President Warren Petersen (R-14) has filed a lawsuit against the Biden Administration for seizing almost a million acres of land in the state in 2023. The land, falling in both Coconino and Mohave counties, was designated as a “national monument.”


Border Patrol Chief Owens: 'We will always be there for our law enforcement partners'

Border Patrol Chief Jason Owens recently disclosed on social media that a violent criminal was apprehended in San Diego, California, with the assistance of a canine unit. This information was made public by Owens on platform X.


Virginia's Global Guardian says cartel violence could increase in 2024 with Mexican elections

In the 2024 Global Risk Assessment published by Global Guardian, experts predict an escalation in Mexican cartel violence for the upcoming year. The annual report classifies Mexico as a "high risk" area, attributing this status to potential changes that may arise from the country's 2024 elections.


Brookings report finds Latino youth are highly vulnerable to social media health impacts

Excessive use of social media by preteens has been linked to several health and mental health issues, such as poor sleep patterns, low self-esteem, and cyberbullying. A recent article from the Brookings Institution revealed that Latino youth are more susceptible to these impacts than other racial groups.


U.S. Department of Housing and Urban Development, HUD said HUD hopes that latest round of $6.9 million in funds mitigates homeless risk in Maui

The devastating wildfires that swept through Hawaii last year have resulted in the displacement of numerous local residents. In response to the escalating threat of homelessness, the U.S. Department of Housing and Urban Development (HUD) plans to counteract this risk by allocating $6.9 million in funds to the state.


DHS advocating for a healthcare system focused on the wellbeing of individuals

U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra recently addressed the National Press Club, advocating for a healthcare system centered on individual wellbeing. He highlighted that approximately 700 million COVID-19 vaccinations have been administered free of charge, and more people are enrolled in health care coverage (300 million) than ever before.


DOT provides $417.2 million to the Complete 540 project in Raleigh

The U.S. Department of Transportation (DOT) has approved a $417.2 million loan to support Phase 2 of the Complete 540 project in the Raleigh, N.C. area. The project, backed by the Build America Bureau, aims to extend the Triangle Expressway by 10.8 miles from Interstate 40 to the existing Interstate 540 at Interstate 87/ U.S. 64/U.S. 264 in Knightdale.


Cisco has created a 15 year solar energy agreement in Spain

Cisco, the multinational technology conglomerate, has announced its plans to bolster the sustainability of its European operations through a 15-year solar energy agreement in Spain. The firm will be procuring 60,000 MWh annually of solar energy from IGNIS, a Spanish renewable energy provider.


Profits for US banks fell by over 45% in the final quarter of 2023

The United States banking sector experienced a significant drop in profits during the fourth quarter of 2023, with a year-over-year decrease of an unprecedented 45 percent. This resulted in a loss of over $38 billion in profits, marking the largest year-over-year quarterly profit decline since the onset of the COVID-19 pandemic in the second quarter of 2020.


Growth for OpenAI has been rapidly growing as more companies utilize AI systems

OpenAI, the artificial intelligence company, is set to achieve over $2 billion in revenue as it capitalizes on the increasing corporate demand for AI technology. CEO Sam Altman stated that 92% of Fortune 500 companies are currently utilizing OpenAI products.


The AI job market in the United Kingdom has been outpacing the United States

The United Kingdom's Artificial Intelligence (AI) job market has been growing at a faster pace than that of the United States, as global economies increasingly integrate AI into their technologies. Furthermore, the UK government has announced a £100 million plan to expedite AI regulation.


Tech company AMD is racing to develop AI-powered PCs as the artificial intelligence race continues

Advanced Micro Devices (AMD) is confident that artificial intelligence (AI)-powered personal computers will play a crucial role in the ongoing AI competition against rivals Nvidia and Intel. These AI PCs utilize AI processors to execute advanced capabilities.


China has been rapidly developing semiconductors despite United States attempt to slow manufacturing

The ongoing race between China and the United States in semiconductor development has seen heightened tensions, as the U.S. expresses concerns over China's potential use of this technology to bolster its military capabilities. Despite the U.S. imposing stricter semiconductor restrictions on China in October 2023, it appears that these measures have not significantly hindered China's progress.


FTC's proposed rule prohibiting junk fees would cost restaurant industry billions to change menus

The National Restaurant Association and the Restaurant Law Center have petitioned the Federal Trade Commission (FTC) to exempt restaurants from its proposed regulation on deceptive fees. In their joint comments submitted on the proposal, these organizations argue that a blanket ban on concealed and misleading fees would be "unwarranted, unlawful, and would create significant unintended consequences for consumers."


The US AI Safety Institute Consortium is being created to advance trustworthy AI

The United States Department of Commerce has announced the formation of the U.S. AI Safety Institute Consortium (AISIC). This consortium will bring together 200 leaders from various sectors, including AI creators, industry researchers, and civil society organizations, to foster the development of safe and trustworthy artificial intelligence (AI).