News published on Federal Newswire in May 2024

News from May 2024


President Biden prohibits Chinese-owned cryptocurrency mining near U.S. Air Force base

President Biden has issued an order prohibiting the acquisition and requiring the divestment of certain real estate operated as a cryptocurrency mining facility within one mile of Francis E. Warren Air Force Base (F.E. Warren AFB). The property, owned by MineOne Partners Limited, which is majority owned by nationals of the People’s Republic of China, MineOne Cloud Computing Investment I L.P., MineOne Data Center LLC, and MineOne Wyoming Data Center LLC (collectively MineOne), along with their affiliates, was purchased in June 2022.


VA launches grant program to aid military transition to civilian life

WASHINGTON — On Military Spouse Appreciation Day, the Department of Veterans Affairs (VA) announced a new grant program designed to aid service members and their spouses in transitioning from military to civilian life. The grants will be awarded to eligible organizations that provide employment-based resources and tools for transitioning service members and spouses. This includes resume assistance services, interview training, job recruitment training, employment placement services, and other services that directly contribute to a successful transition.


Treasury Department discusses Inflation Reduction Act’s impact on utility costs

The U.S. Treasury Department recently co-hosted a meeting with the White House to discuss the implementation of the Inflation Reduction Act's provisions aimed at reducing household utility costs. The act is designed to extend and strengthen tax credits that reduce the costs of energy-efficient appliances, energy-saving home improvement projects, and residential clean energy installations.


EPA announces $1.169 million grant for Florida's stormwater, sewer infrastructure

The U.S. Environmental Protection Agency (EPA) has announced the availability of nearly $1,169,000 for Florida through the Sewer Overflow and Stormwater Reuse Municipal Grant program. This funding aims to assist communities in addressing stormwater and sewer infrastructure needs. The safe management of stormwater is crucial to prevent contaminants, including untreated sewage, from polluting waterways.


Yellen addresses risks, recommends actions for nonbank mortgage servicing sector

In a recent meeting of the Financial Stability Oversight Council, Secretary of the Treasury Janet L. Yellen highlighted the importance of addressing risks associated with nonbank mortgage servicing. The Council is set to vote on publishing a report that provides a comprehensive analysis of these risks and offers concrete recommendations for mitigating them.


Bipartisan coalition introduces legislation to support Taiwan's international standing

Today, Chairman John Moolenaar (R-MI) and Ranking Member Raja Krishnamoorthi (D-IL) of the House Select Committee on the Strategic Competition Between the United States and Chinese Communist Party (CCP) introduced the bipartisan Taiwan Allies Fund Act. This legislation aims to support Taiwan’s international space and counter CCP coercion. They were joined by House Foreign Affairs Committee Ranking Member Gregory Meeks (D-NY), and Taiwan Caucus Co-Chairs Andy Barr (R-KY), Ami Bera (D-CA), and Gerald Connolly (D-VA).


Blinken meets Spanish foreign minister: Discusses Ukraine, Gaza ceasefire

Secretary of State Antony Blinken held a meeting with Spanish Minister of Foreign Affairs José Manuel Albares on May 10, 2024. The discussion was centered around several key international issues, according to Spokesperson Matthew Miller.


EPA announces $327,000 grant for stormwater infrastructure upgrades in South Carolina

The U.S. Environmental Protection Agency (EPA) has announced the availability of nearly $327,000 for South Carolina through the Sewer Overflow and Stormwater Reuse Municipal Grant program. This initiative is designed to assist communities in addressing stormwater and sewer infrastructure needs. The management of stormwater is critical to prevent contaminants, including untreated sewage, from polluting waterways. The EPA's grant funding will support projects that strengthen stormwater collection systems in cities and towns, making them more resilient against increasingly...


Financial Stability Oversight Council releases report on nonbank mortgage servicing

The Financial Stability Oversight Council (Council) has released its Report on Nonbank Mortgage Servicing, detailing the growth of the nonbank mortgage servicing sector and its critical roles in the mortgage market. The report identifies key vulnerabilities that could impair servicers' ability to perform these critical functions and explains how these vulnerabilities could amplify shocks to the mortgage market and pose risks to financial stability.


Treasury and IRS announce application opening for clean energy investment program

The U.S. Department of the Treasury and Internal Revenue Service (IRS) have announced that applications for the 2024 Program Year of the Low-Income Communities Bonus Credit Program will open at 9:00 a.m. ET on May 28, 2024. The program, created under President Biden’s Inflation Reduction Act, offers up to a 20-percentage point credit boost for projects in low-income and Tribal communities.


UK government celebrates £2 billion investment in tech industry

The UK government has recently announced £2 billion in investments from the tech industry. The significant funding comes from decisions made by AI firm CoreWeave to establish its headquarters in the UK, and Siemens' choice to manufacture superconducting magnets for MRI scanners at a new facility in North Oxfordshire.


Information Technology and Innovation Foundation report highlights the need for more consolidation

A recent report by the Information Technology and Innovation Foundation (ITIF) suggests that several industries in the United States could potentially benefit from increased consolidation and economies of scale. The sectors that stand to gain include banking, construction, and telecommunications.


Fuyang police question visiting pastors' wives amid ongoing crackdown on house churches

On the morning of May 2, 2024, Wang Xiaofei, wife of Pastor Yang Xibo from Xunsiding Church in Xiamen, and Li Shanshan, wife of Pastor Li Jie from Covenant House Church in Linfen, visited Fuyang, Anhui Province with their children. They were there to meet Pastor Zhang Sen and Elder Chang Shun of Fuyang Maizhong Reformed Church. The visit involved a shared lunch and exchange of ideas.


Public meeting on Cuyahoga River Old Channel cleanup announced

The U.S. Environmental Protection Agency (EPA) and Great Lakes Legacy Act project partners are set to hold a public meeting in Cleveland next week. The focus of the meeting will be the Cuyahoga River Old Channel sediment cleanup, which is scheduled to commence next year.


Little Big Burger to pay $316K for violating labor laws in Oregon, Washington

The U.S. Department of Labor has secured a $316,000 judgment against LBB Progress Ridge LLC and Amergent Hospitality Group Inc., operators of Little Big Burger restaurants in Oregon and Washington. The judgement comes after investigators found that the companies had required employees at 14 locations to share their tips with managers, violating the Fair Labor Standards Act.


DOE appoints inaugural board for new Foundation for Energy Security and Innovation

The U.S. Department of Energy (DOE) has appointed the inaugural board of directors for its first ever agency-related foundation, the Foundation for Energy Security and Innovation (FESI). Authorized through the 2022 CHIPS and Science Act, FESI is an independent non-profit entity that supports DOE in its mission to ensure America's continued security and prosperity through transformative science and technology solutions for addressing energy and environmental challenges.


Justice Department settles race discrimination allegations in Cobb County firefighter hiring

The Justice Department has reached an agreement with Cobb County, Georgia, to resolve allegations that the county violated Title VII of the Civil Rights Act by employing discriminatory hiring practices against African American firefighter candidates. The alleged discriminatory measures included credit checks and a written exam.


Biden-Harris administration makes significant strides in protecting children from lead poisoning

The President’s Task Force on Environmental Health Risks and Safety Risks to Children has published the Progress Report on the Federal Lead Action Plan, providing a comprehensive update on the government's progress since 2018 in reducing childhood lead exposures. The U.S. Department of Housing and Urban Development (HUD), the U.S. Environmental Protection Agency (EPA), and the U.S. Department of Health and Human Services (HHS) are spearheading efforts to combat lead exposure as co-leading members of the Task Force’s Lead Exposures Subcommittee.


California poultry industry pays $4.8 million for child labor violations

In one of the largest wage infringement settlements ever reached for US poultry workers, a federal court in Los Angeles has ordered Fu Qian Chen Lu, Bruce Shu Hua Lok and others, as owners and operators of a network of California poultry processors and distributors, to pay $4.8 million in back wages and compensation to 476 workers and $221,919 in fines following an investigation by the United States Department of Labor.


Settlement reached in case over false information spread to protected voters

Several lawsuits have been filed against companies and individuals who unlawfully sought to invalidate the 2020 election results. However, the settlement of the National Coalition On Black Civic Participation stands out as it resolves claims of spreading false information to protected categories of voters.