by Jonah Elkowitz | Feb 8, 2024 | Business, Featured, Topics
WASHINGTON – Senators voiced fierce opposition over the state of the U.S. economy on Thursday during a hearing to examine the results of the Treasury Department’s Financial Stability Oversight Council annual report, released in December. The report highlighted how...
by Clare Zhang | Feb 6, 2024 | Business, Featured
WASHINGTON — Lawmakers on Tuesday drew partisan battlelines after the Biden administration paused approvals for liquefied natural gas exports, arguing over what would best protect the environment, local communities and national security. Democrats at a House Energy...
by Aidan Johnstone | Feb 6, 2024 | Business, Featured
WASHINGTON – The Small Business Administration (SBA) is adjusting standards that determine which businesses can access government contracts and benefits designated for small businesses. These policy changes may alter small businesses’ competition and access to...
by Rafaela Jinich | Feb 1, 2024 | Business, Featured
WASHINGTON – Lawmakers on the Senate banking committee on Thursday sought answers on how to spot and shut down financial scams and fraud, especially as new platforms to send money proliferate. Committee Chair Sherrod Brown (D-Ohio) underscored the distressing surge in...
by Alicia Tang | Feb 1, 2024 | Business, Featured
WASHINGTON – The Federal Reserve on Wednesday left its key interest rate unchanged for the fourth consecutive meeting, with Chair Jerome Powell quashing hope of rate cuts in March. The unanimous vote by the 12-member, rate-setting Federal Open Market Committee called...
by Aidan Johnstone | Jan 31, 2024 | Business, Featured
WASHINGTON — Lawmakers slammed top executives of large tech companies on Wednesday for not doing enough to prevent online exploitation of children as protesters helped pack the audience sharing victims’ pictures and grim statistics of the problem. “There is blood on...
by Maria Heim | Jan 31, 2024 | Business, Featured
WASHINGTON – A recent deal between the National Football League and NBCUniversal’s Peacock to stream a wild-card game solely on that platform has prompted lawmakers to further examine the rise of sports streaming services. On Wednesday, the House Commerce...
by Aidan Johnstone | Jan 24, 2024 | Business, Featured
WASHINGTON – Intellectual property experts told Congress members on Tuesday that the Patent Eligibility Restoration Act (PERA) is essential to encourage more inventors to apply and get their patents approved, adding that the act would benefit American innovation...
by Aidan Johnstone | Jan 18, 2024 | Business, Featured
WASHINGTON – “Shark Tank” investor and venture capitalist Kevin O’Leary urged House members on Thursday to oppose a set of proposed bank regulations that he said would harm small businesses’ access to lending. The set of regulations, titled Basel III, would...
by Alicia Tang | Jan 18, 2024 | Business, Featured
WASHINGTON – Experts push for federal action addressing restrictive local zoning that has stymied affordable housing availability at a Joint Economic Committee hearing on Wednesday. Local rules prohibit building anything other than single-family detached homes in 75%...
by Clare Zhang | Jan 18, 2024 | Business, Featured
WASHINGTON – Some legislators want immediate action on the FAIR College Sports Act, meant to standardize state laws on student-athletes profiting from their personal brands, but it looks unlikely that Congress can come to an agreement anytime soon. Lawmakers and...
by Charlotte Ehrlich | Jan 17, 2024 | Business, Featured, Topics
WASHINGTON – Congressional lawmakers and witnesses examined whether slower U.S. infrastructure growth and disruptions in the supply chain are hurting basic transportation needs during a hearing on Wednesday assessing the state of the industry. Rep. David Rouzer...
