News from March 2024
By Federal Newswire | Mar 8, 2024
Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), has urged Congress to introduce comprehensive regulations for the cryptocurrency industry. This appeal was made during his recent testimony to the House Agriculture Committee.
By Federal Newswire | Mar 8, 2024
Marlo Oaks, the Utah state treasurer, recently appeared before the U.S. House Committee on Natural Resources to testify in a hearing titled "Monetizing Nature and Locking up Public Land: The Implications of Biden's Strategy for Natural Capital Accounting." During his testimony, Oaks expressed concerns that despite the withdrawal of the Natural Asset Company (NAC) proposal, the Biden Administration continues to attempt to control public land use, causing potential harm to local economies and landowners.
By Federal Newswire | Mar 8, 2024
Ten Congressional leaders, spearheaded by U.S. Representative Mary Miller (R-Ill.), have penned a letter expressing apprehensions about the Net-Zero Banking Alliance (NZBA), an initiative of six major banks, as reported by American Stewards of Liberty (ASL). The NZBA's objective is to synchronize their lending and investment portfolios with net-zero greenhouse gas emissions by mid-century or earlier, in compliance with United Nations' (U.N.) policies advocating such standards, especially within the agricultural sector.
By Federal Newswire | Mar 8, 2024
On March 5, a technical glitch disrupted user access to three Meta platforms—Facebook, Instagram, and Threads—for approximately two hours. This interruption on Super Tuesday has raised the question: Can a significant social media outage influence an election?
By Federal Newswire | Mar 8, 2024
Secretary Alejandro Mayorkas of the U.S. Department of Homeland Security (DHS) has expressed gratitude to President Joe Biden for acknowledging the department's significant role in maintaining national security during his State of the Union speech.
By Federal Newswire | Mar 8, 2024
U.S. Department of Transportation (DOT) Secretary Pete Buttigieg recently toured several airports across the nation to underscore a $1 billion investment aimed at rehabilitating terminals at various American airports. Carlos Monje, Under Secretary of Transportation, and Deputy Secretary of Transportation Polly Trottenberg also visited different airports to discuss these renovation projects. Buttigieg announced on an unspecified date that there was a need to modernize the aging infrastructure.
By Federal Newswire | Mar 8, 2024
Sweden has recently become a member of the North Atlantic Treaty Organization (NATO), a development that U.S. Department of State (DOS) Secretary Antony Blinken took to social media to celebrate. This news followed closely on the heels of his meeting with Swedish Prime Minister Ulf Kristersson.
By Federal Newswire | Mar 8, 2024
Christian Catalini, the founder of the Massachusetts Institute of Technology (MIT) Cryptoeconomics Lab, recently highlighted the potential of blockchain technology to become a significant part of U.S. national security in the future. In an interview with Federal Newswire, Catalini expressed concern that the current lack of regulatory certainty in the U.S. crypto industry is driving private sector talent towards other countries.
By Federal Newswire | Mar 8, 2024
Bill Drexel, an associate fellow for the Technology and National Security Program at the Center for a New American Security (CNAS), recently spoke to Federal Newswire about the need for the U.S. to maintain sufficient resources and keep the public informed of cyberattacks as a strategy to discourage Chinese cyberaggression. This comes in response to FBI Director Christopher Wray's comments during a Congressional hearing that Chinese cyber actors significantly outnumber the FBI's cyber personnel.
By Federal Newswire | Mar 8, 2024
Christian Catalini, founder of the MIT Cryptoeconomics Lab, has stated to Federal Newswire that blockchain analytics companies are playing a crucial role in supporting government efforts to tackle illicit fund movements. He pointed out that the transparent nature of blockchain offers increased visibility into crypto transactions, which can be harnessed to address unlawful activities.
By Federal Newswire | Mar 8, 2024
Bill Drexel, an associate fellow with the Center for a New American Security's (CNAS) Technology and National Security Program, told Federal Newswire about the potential catastrophic impact of a successful Chinese cyberattack on U.S. critical infrastructure. His remarks were made in light of a recent Congressional hearing where FBI Director Christopher Wray discussed the threats posed by cyber actors supported by the Chinese Communist Party (CCP).
By Federal Newswire | Mar 7, 2024
The U.S. Department of Education has imposed a $14 million fine on a Christian-based university for its failure to disclose information pertinent to sexual assault survivors and crime. The department has stated that this is the most significant violation of the Clery Act, legislation mandating that institutions of higher education publicize issues related to public safety.
By Federal Newswire | Mar 7, 2024
Hydrogen sulfide gas was identified as the toxin that led to the death of an employee at a truck washing company in Liberal, Kansas, according to the U.S. Department of Labor. The incident also resulted in two other workers being hospitalized as they were cleaning tanker trailers for the company.
By Federal Newswire | Mar 7, 2024
Job seekers may wish to consider applying to manufacturers serving the transportation industry. The Federal Highway Administration (FHWA), a part of the U.S. Department of Transportation, has announced its decision to discontinue a measure aimed at supporting jobs in the American transportation industry through a Notice of Proposed Rulemaking (NPRM).
By Federal Newswire | Mar 7, 2024
Bill Drexel, an associate fellow in the Technology and National Security Program at the Center for a New American Security (CNAS), has called on the U.S. government to raise public awareness about potential cyberattacks from the Chinese Communist Party (CCP) and how to counter such threats. In a recent interview with Federal Newswire, Drexel pointed out that FBI Director Christopher Wray had testified in a Congressional hearing that Chinese-backed "cyber threat actors" significantly outnumber FBI cyber personnel. This disparity, according to Drexel, highlights a severe...
By Federal Newswire | Mar 7, 2024
U.S. Representative Ted Cruz (R-Texas) underscored the necessity of fortifying the southern border and curtailing Mexican cartels. Cruz alluded to the thousands of American lives claimed in 2023 due to drug overdoses, drawing attention to the "massive" quantity of fentanyl infiltrating through the U.S. border.
By Federal Newswire | Mar 7, 2024
Two representatives from Binance, the world's largest cryptocurrency exchange, including an American citizen, have been detained in Nigeria. This development follows their journey to the country for discussions with government officials. As the Nigerian government grapples with an economic crisis, Binance has suspended its services related to the Nigerian naira (NGN).
By Federal Newswire | Mar 7, 2024
WASHINGTON – Global tech trade association ITI’s Senior Director of Tax and Trade Policy, Megan Funkhouser, testified before the U.S. House Ways and Means Subcommittee on Tax for the hearing, “OECD Pillar 1: Ensuring the Biden Administration Puts Americans First”.Funkhouser’s testimony focused on ITI’s recommendations to relieve double taxation, secure the removal of digital services taxes and relevant similar measures, and ensure tax certainty."Absent robust U.S. engagement, including that of Congress, there is little chance of resolving outstanding issues and crafting...
By Federal Newswire | Mar 6, 2024
Camille Cooper, Vice President for Anti-Human Trafficking at the Tim Tebow Foundation, testified before the Subcommittee on Crime and Federal Government Surveillance Wednesday in a hearing titled, “A Voice for the Voiceless.”
By Federal Newswire | Mar 6, 2024
U.S. Representative Lance Gooden (R-Texas) has requested the records of Jose Ibarra, the suspect in the death of Georgia nursing student Laken Riley, for examination. In a post on an undisclosed platform, Gooden stated that Covenant House, a non-governmental organization (NGO), provided housing assistance to Ibarra when he illegally crossed the border in 2022.
