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Amid global energy crisis, advocates press need to ramp up oil, gas production

Amid global energy crisis, advocates press need to ramp up oil, gas production

by Zachary Miller | Mar 10, 2022 | Business, Featured, Topics

WASHINGTON, March 10 (UPI) — U.S. senators, at a hearing of the Senate Committee on Energy and Natural Resources, expressed bipartisan interest Thursday in ramping up domestic oil and gas production to combat soaring energy prices. The push is a boon to large...
Biden To Sign Executive Order Outlining Path Toward Crypto Governing Principles

Biden To Sign Executive Order Outlining Path Toward Crypto Governing Principles

by Zachary Miller | Mar 9, 2022 | Business, Featured

WASHINGTON — President Biden is expected to sign an executive order Wednesday outlining a nationwide governing approach for cryptocurrency. The measure suggests potential for clarity in a murky financial market that was designed to be difficult to regulate, but which...
After False Starts, D.C. Convoy Excites Supporters But Merely Perplexes Commuters: Photos

After False Starts, D.C. Convoy Excites Supporters But Merely Perplexes Commuters: Photos

by Zachary Miller | Mar 8, 2022 | Featured, Politics

WASHINGTON — The arrival of several truck convoys in the nation’s capital has, so far, failed to live up to the hype. In February, anti-vaccine and anti-mask protestors used cars and trucks to blockade Ottawa and a nearby major shipping highway. Similar protests...
Lawmakers Scrutinize Bank And Brokerage Mandatory Arbitration Agreements

Lawmakers Scrutinize Bank And Brokerage Mandatory Arbitration Agreements

by Zachary Miller | Mar 8, 2022 | Business, Featured

WASHINGTON — Last Thursday, President Biden signed into law a bipartisan bill to bar companies from contractually forcing sexual assault and harrassment complaints into arbitration. Now, the change has reinvigorated efforts to pass similar legislation in the financial...
Senators Probe Role Of Asset Giants In Warrior Met Coal Strike

Senators Probe Role Of Asset Giants In Warrior Met Coal Strike

by Zachary Miller | Feb 17, 2022 | Business, Featured, Topics

WASHINGTON — A nearly year long coal miner strike in Alabama drew attention to a handful of the largest private equity and asset management companies in the world at a Senate hearing Thursday. “Just three Wall Street firms, BlackRock, Vanguard and State Street manage...
House Budget Committee Democrats Urge Abolition of Debt Limit

House Budget Committee Democrats Urge Abolition of Debt Limit

by Zachary Miller | Feb 16, 2022 | Business, Featured

WASHINGTON – The federal debt ceiling has caused headaches for decades. Now, House Democrats are considering the value of doing away with it altogether. “The debt ceiling has become a political weapon used to extract concessions, or more recently, simply score...
CFTC Asks Lawmakers To Ramp Up Crypto Regulation

CFTC Asks Lawmakers To Ramp Up Crypto Regulation

by Zachary Miller | Feb 9, 2022 | Business, Featured

WASHINGTON — Cryptocurrencies shed more than $1 trillion in global value since November, and the space is overrun with scams. Wednesday, the regulatory agency tasked with overseeing digital assets told senators they lacked the information, resources and mandate to...
Senators Examine “Texas Two-Step” Bankruptcy Abuses

Senators Examine “Texas Two-Step” Bankruptcy Abuses

by Zachary Miller | Feb 8, 2022 | Business, Featured, Topics

WASHINGTON — March 2023. That’s when Kimberly Ann Naranjo told senators she was expected to die of mesothelioma. “It all happened so fast,” Naranjo, a mother of seven, told the Senate Judiciary subcommittee Tuesday. “One week I was enjoying my forever home, surrounded...
Lawmakers: “Ridiculous” 5G Rollout Scramble Was Preventable

Lawmakers: “Ridiculous” 5G Rollout Scramble Was Preventable

by Zachary Miller | Feb 3, 2022 | Business, Energy, Featured

WASHINGTON — The rollout of new ultra-fast fifth generation (5G) cellular networks was supposed to revolutionize internet access and cement the U.S.’s technological position against a rising China. Now, lawmakers are trying to figure out how it went so wrong. “We...
Congress Confronts Self-Driving Safety Standards, Job Loss

Congress Confronts Self-Driving Safety Standards, Job Loss

by Zachary Miller | Feb 2, 2022 | Business, Featured

WASHINGTON – Automated Vehicles (AVs) are poised to overhaul supply chains and taxi networks, and potentially displace hundreds of thousands of workers. But Congress has yet to give concrete guidance on how regulators should react. “It shouldn’t be done state by...
FTC to Congress: COVID-Related Fraud, Price Gouging “Skyrocketing”

FTC to Congress: COVID-Related Fraud, Price Gouging “Skyrocketing”

by Zachary Miller | Feb 1, 2022 | Business, Featured, Topics

WASHINGTON – Elderberries claiming to boost immune response. Empty storefronts posing as testing clinics. Contact tracing calls that are actually from identity fraudsters. Bootleg hand sanitizer from Mexico, fake KN95 masks from China and $60 rapid tests from...
Lawmakers Weigh Blockchain Promise Against Energy Use

Lawmakers Weigh Blockchain Promise Against Energy Use

by Zachary Miller | Jan 20, 2022 | Business, Featured

WASHINGTON — Although the largest blockchain products have drawn investment toward renewable power sources, their energy footprint is massive — and growing — according to new data that lawmakers grappled with at a Thursday hearing. “According to one estimate, 2021...

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