News from January 2024

By Federal Newswire | Jan 26, 2024
U.S. Sen. John Barrasso (R-Wyo.) has expressed his support for the New York Stock Exchange's (NYSE) decision to withdraw a proposal to incorporate Natural Asset Companies (NACs) into the Exchange. He highlighted the potential threat this could have posed to public lands. His remarks came shortly after the U.S. Securities and Exchange Commission (SEC) announced the termination of the proposal.

By Federal Newswire | Jan 26, 2024
In an effort to mitigate risks posed by the Islamic State of Iraq and Syria (ISIS) terrorist group, the United States and Iraq have unveiled a new partnership aimed at bolstering the security relationship between the two nations. A proposed U.S.-Iraq Higher Military Commission (HMC) is anticipated to deepen this commitment.

By Federal Newswire | Jan 26, 2024
A series of arrests targeting large-scale drug trafficking organizations operating throughout the United States has been carried out. The highest number of arrests have been made in Alaska, West Virginia, Nebraska, and Mississippi.

By Federal Newswire | Jan 26, 2024
The United States, the United Kingdom, and Australia have imposed sanctions on Alexander Ermakov due to his involvement in a ransomware attack against Australian healthcare insurer Medibank in 2022. This cyberattack resulted in the exposure of sensitive data belonging to approximately 9.7 million Medibank users.

By Federal Newswire | Jan 26, 2024
In Chicago, Janet Yellen, the Secretary of the United States Department of the Treasury, delivered a speech on the current state of the U.S. economy. Her remarks focused on the middle class and how they have been supported by the present administration.

By Federal Newswire | Jan 26, 2024
Senior officials of WH Group Limited, the world's most prominent pork producer, and its U.S. subsidiary, Smithfield Foods, have been identified as members of the Chinese Communist Party (CCP) due to their strong ties with the Chinese government. This revelation came about after a review of corporate records and was reported by the Daily Caller News Foundation (DCNF).

By Federal Newswire | Jan 26, 2024
Ellen R. Wald, a non-resident senior fellow at the Atlantic Council Global Energy Center, has called for the United States to address its escalating lithium demand for electric vehicles and batteries. She suggests this could be achieved by revising policies such as those from the Inflation Reduction Act that hinder crucial mineral supply chain development and by reducing reliance on critical minerals from China.

By Federal Newswire | Jan 25, 2024
The U.S. Securities and Exchange Commission (SEC) withdrew the proposed rule to establish Natural Asset Companies (NACs) on Wall Street on Jan. 17. The withdrawn rule drew criticism from U.S. Rep. Harriet Hageman (R-Wyo.) due to its potential impact on her home state of Wyoming.

By Federal Newswire | Jan 25, 2024
David Williams, president of the Taxpayers Protection Alliance (TPA), a non-profit organization dedicated to analyzing the government's impact on the economy, has raised concerns about third-party investors backing mass tort lawsuits while remaining anonymous. According to Williams, this practice will continue to cost the American public money until policymakers change regulations.

By Federal Newswire | Jan 25, 2024
The U.S. Department of Justice's (DOJ) Environment and Natural Resources Division (ENRD) has announced an extension to the timeline for finalizing a settlement against several companies alleged to have polluted the Passaic River in New Jersey, a part of the Diamond Alkali Superfund site. The Passaic River is among the longest existing and extensively contaminated sites listed on the U.S. Environmental Protection Agency’s (EPA) National Priority List of polluted locations requiring remediation.

By Federal Newswire | Jan 25, 2024
U.S. Border Patrol agents in the Tucson Sector have been actively preventing illegal entry attempts into the country, as per a series of tweets by John R. Modlin, Chief Patrol Agent of the U.S. Border Patrol's Tucson Sector. A total of 12 migrants and one U.S. citizen were apprehended.

By Federal Newswire | Jan 25, 2024
Education and the Workforce Committee Chairwoman Virginia Foxx, along with other lawmakers, has requested a Government Accountability Office (GAO) investigation into the Biden administration's mishandling of the new Free Application for Federal Student Aid (FAFSA) program. The bipartisan FAFSA Simplification Act, passed in 2020, aimed to make financial aid more accessible by streamlining the application process. However, the Department of Education (Education) failed to properly implement the program, causing delays for students and families in accessing crucial financial...

By Federal Newswire | Jan 25, 2024
Border Patrol agents near San Clemente, California, have seized a significant quantity of methamphetamine, as announced by Chief Patrol Agent Patricia D. McGurk-Daniel via a social media post on X (formerly known as Twitter).

By Federal Newswire | Jan 25, 2024
U.S Representative John Curtis (R-Utah) has expressed his opposition to the control of public land by Natural Asset Companies (NACs). His comments come in the wake of the Security and Exchange Commission's (SEC) recent withdrawal of a proposal to add NAC listing standards to the New York Stock Exchange (NYSE).

By Federal Newswire | Jan 25, 2024
San Diego Sector Border Patrol agents seized over 38 pounds of fentanyl during a vehicle stop on Interstate 5 earlier this month. The narcotics, found in pill form, have an estimated street value of $1.7 million.

By Federal Newswire | Jan 25, 2024
Albert Ross, the leader of a drug trafficking organization based in Georgia and supplied by Mexico's Jalisco New Generation Cartel, has pleaded guilty to drug trafficking conspiracy charges. U.S. Attorney Peter D. Neary of the United States' Attorney's Office, Middle District of Georgia, disclosed that Ross was implicated in crimes that spanned from trafficking cocaine to ordering a murder.

By Federal Newswire | Jan 24, 2024
Representative Mike Gallagher (R-Wis.), chairman of the Select Committee on the Chinese Communist Party (CCP), has joined forces with Ranking Member Raja Krishnamoorthi (D-Ill.) to call for bolstered enforcement measures for the Uyghur Forced Labor Prevention Act (UFLPA). In a letter addressed to Alejandro Mayorkas, Secretary of the U.S. Department of Homeland Security (DHS), the lawmakers put forth their suggestions for reinforcing the enforcement of the UFLPA.

By Federal Newswire | Jan 24, 2024
The Semiconductor Industry Association (SIA) has voiced its support for the Tax Relief for American Families and Workers Act (H.R. 7024), highlighting two provisions within the bill that it deems crucial to the semiconductor industry.

By Federal Newswire | Jan 24, 2024
The Future of Life Institute (FLI) has raised concerns over Meta's plans to develop artificial general intelligence (AGI) and make it open-source. The announcement was made by Meta's founder and CEO, Mark Zuckerberg, via an Instagram post last week.

By Federal Newswire | Jan 24, 2024
Amanda Radke, a fifth-generation rancher and writer from South Dakota, penned an opinion piece for Farmer's Advance where she discussed the New York Stock Exchange's (NYSE) decision to withdraw the proposed Natural Asset Company (NAC) rule. Radke hailed this development as a victory for individuals residing in central, rural America.