News from May 2024
By Federal Newswire | May 16, 2024
Thank you, Michelle, and thanks to Linda, Ricardo, and Fabiola for the chance to be here.
By Federal Newswire | May 16, 2024
The Department of Defense (DOD) has released the Fiscal Year (FY) 2023 Annual Report on Sexual Assault in the Military. The report indicates a decline in the estimated prevalence of sexual assault and harassment within the active force, marking the first decrease in nearly a decade.
By Federal Newswire | May 16, 2024
FRANKFURT – Secretary of the Treasury Janet L. Yellen today convened a roundtable with German financial executives to discuss global macroeconomic trends and financial sector risks, including illicit finance and Russian sanctions evasion.
By Federal Newswire | May 16, 2024
WASHINGTON – The United States has commended the productive Annual Meetings of the European Bank for Reconstruction and Development (EBRD) and acknowledged the re-election of President Odile Renaud-Basso to a second term. The U.S., as EBRD’s largest shareholder, also welcomed Iraq's membership and Benin as EBRD’s 75th member and first sub-Saharan African member, indicating progress toward EBRD’s limited expansion into sub-Saharan Africa.
By Federal Newswire | May 16, 2024
On May 16, 2024, U.S. Secretary of the Treasury Janet Yellen, alongside Department of Agriculture Secretary Tom Vilsack, Department of Energy Secretary Jennifer Granholm, Senior Advisor for International Climate Policy John Podesta, National Economic Advisor Lael Brainard, and National Climate Advisor Ali Zaidi announced the release of a Joint Statement of Policy and new Principles for Responsible Participation in Voluntary Carbon Markets (VCMs). These markets have the potential to channel private capital towards decarbonization efforts.
By Federal Newswire | May 16, 2024
On May 15, CDT Europe convened an online panel event titled "Exploring Ways Forward to Combat Spyware in the EU." The high-level panel assembled speakers from various institutions, academia, and policy makers to deliberate on the malicious practice of spyware being used by EU states against their own citizens. The discussion particularly focused on the aftermath of the Pegasus spyware scandal and its global impact, as well as the response of the EU institutions. Speakers proposed strategies to curtail the use of spyware in the EU, thereby ensuring respect for fundamental rights.
By Federal Newswire | May 16, 2024
The Department of Defense (DoD) has awarded $6.5 million and $8.4 million to Canadian companies Fortune Minerals Limited (Fortune) and Lomiko Metals, Inc. (Lomiko), respectively. The funding is part of the Defense Production Act Investment (DPAI) program, designed to bolster the U.S.-Canadian Joint Action Plan on Critical Minerals. The grants aim to strengthen the cobalt and graphite supply chains in line with the 2024 National Defense Industrial Strategy's commitment to support domestic production of critical minerals.
By Federal Newswire | May 16, 2024
The Computer & Communications Industry Association (CCIA) has submitted written comments to the New Jersey Assembly’s Science, Innovation and Technology Committee, voicing its opposition to three pieces of legislation that would regulate tools in employment decisions. The proposed bills – A. 3854, A. 3855, and A. 4030 – focus on automated decision-making, a tool that streamlines tasks that would otherwise be done manually.
By Federal Newswire | May 16, 2024
On May 16, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals and three entities associated with the malicious botnet tied to the residential proxy service known as 911 S5. The individuals sanctioned are Yunhe Wang, Jingping Liu, and Yanni Zheng. The entities include Spicy Code Company Limited, Tulip Biz Pattaya Group Company Limited, and Lily Suites Company Limited.
By Federal Newswire | May 16, 2024
KYIV – Today, Deputy Secretary of the Treasury Wally Adeyemo met with Finance Minister of Ukraine Sergii Marchenko in Kyiv. Deputy Secretary Adeyemo and Finance Minister Marchenko discussed Ukraine’s economic outlook and the efforts of Ukraine’s Finance Ministry in mobilizing domestic and international support to help maintain essential services for the people of Ukraine and finance its defense against Russia. The Deputy Secretary also encouraged the Government of Ukraine to maintain momentum on its reform agenda. The Deputy Secretary and Finance Minister also discussed...
By Federal Newswire | May 16, 2024
The Justice Department has announced that the Shelby County, Tennessee, District Attorney General (DA) has reached an agreement to halt the prosecution of individuals living with human immunodeficiency virus (HIV) under Tennessee’s aggravated prostitution law. The DA will also implement reforms to rectify discrimination against people living with HIV who have been subjected to discriminatory and harsher penalties under this law.
By Federal Newswire | May 16, 2024
Arthur C. Evans Jr., PhD, CEO of the American Psychological Association (APA), has been recognized with the Society of Biological Psychiatry’s Humanitarian Award for his significant contributions to improving mental health care and advocating for individuals suffering from mental illness.
By Federal Newswire | May 16, 2024
Deputy Secretary of the Treasury Wally Adeyemo recently delivered remarks at the Vice President’s Economic Opportunity Tour Event in Milwaukee, Wisconsin. He began by expressing his gratitude for the warm introduction and acknowledging the presence of Acting Secretary Adrianne Todman and Vice President Kamala Harris.
By Federal Newswire | May 16, 2024
Secretary of the Treasury Janet L. Yellen addressed a roundtable with CEOs of German banks in Frankfurt, Germany, on May 16, 2024. In her remarks, she highlighted the resilience of the global economy despite challenging geopolitical conditions and noted that financial conditions have improved since last year's banking sector turmoil.
By Federal Newswire | May 16, 2024
The U.S. Department of State’s Rewards for Justice (RFJ) program, administered by the Diplomatic Security Service, has announced a reward offer of up to $5 million. The reward is intended for information leading to the disruption of financial mechanisms supporting certain activities in the Democratic People’s Republic of Korea (DPRK). Activities under scrutiny include money laundering that supports the Government of North Korea or any senior official or person acting on behalf of that government.
By Federal Newswire | May 16, 2024
STRESA – Secretary of the Treasury Janet L. Yellen met with France’s Minister of Economy and Finance Bruno Le Maire today on the sidelines of the G7 Finance Minister and Central Bank Governor Meetings in Stresa, Italy.
By Federal Newswire | May 16, 2024
Pentagon Press Secretary Maj. Gen. Pat Ryder provided an account of a recent conversation between Secretary of Defense Lloyd J. Austin III and Israeli Minister of Defense Yoav Gallant. The two officials discussed the pressing need to augment humanitarian assistance to Palestinian civilians in Gaza, specifically through the Kerem Shalom and Rafah crossings.
By Federal Newswire | May 16, 2024
In a landmark ruling, the U.S. Supreme Court has determined that the funding mechanism for the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution. The decision was announced today in Washington, D.C.
By Federal Newswire | May 16, 2024
The U.S. Department of the Treasury and Internal Revenue Service (IRS) have released additional guidance on the Inflation Reduction Act’s (IRA) domestic content bonus, a key component of President Biden’s economic strategy to stimulate American manufacturing and iron and steel production, thereby fortifying the clean energy economy.
By Federal Newswire | May 16, 2024
The House Select Committee on the Chinese Communist Party convened for a hearing this morning, titled "All Roads Lead to Beijing? The CCP's Global Development Offensive." The panel of witnesses included Mr. David Trulio, President & Chief Executive Officer of the Ronald Reagan Presidential Foundation and Institute, Mr. Daniel Runde, Senior Vice President at the Center for Strategic & International Studies, and Dr. Brad Parks, Executive Director of AidData at William & Mary's Global Research Institute.
