The rise and fall of a renewable energy darling
The U.S. government is suing WindStream, which shut down in 2016. It says the company owes $3.12 million in loans that the U.S. Export-Import Bank guaranteed as WindStream was expanding globally.
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Tech companies pledge billions in cybersecurity investments
Google, Microsoft, Apple, Amazon and Amazon were among the companies committed to investing billions of dollars or develop programs to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday
Biden appeals to top tech, energy and finance execs to ‘raise the bar on cybersecurity’
The president raised concerns about the shortage of cybersecurity professionals, as the White House estimates roughly half a million cybersecurity jobs remain open, amid an onslaught of cybersecurity attacks.
Treasury: Only 11% of federal rental assistance has been distributed
Lawmakers approved $46.5 billion in rental assistance earlier this year, but only $5.1 billion had been been distributed by states and localities through July.
House passes $3.5T Biden blueprint after deal with moderates
House Democratic leaders have muscled President Joe Biden’s multi-trillion-dollar budget blueprint over a key hurdle, ending a risky standoff and putting the party’s domestic infrastructure agenda back on track.
House moderates offered deal to ease Biden budget standoff
Tensions flared overnight as a band of moderate lawmakers threatened to withhold their votes for the $3.5 trillion plan. They were demanding the House first approve a nearly $1 trillion bipartisan package of road, power grid, broadband and other public works projects that’s already passed the Senate.
Budget clash pits moderate Democrats against Biden, Pelosi
Nine moderates have threatened to oppose the budget resolution unless the House first approves a $1 trillion, 10-year package of road, power grid, broadband and other infrastructure projects that’s already passed the Senate.
Facebook hit by new U.S. antitrust case as FTC seeks do-over
The Federal Trade Commission on Thursday filed the new complaint in federal court in Washington, alleging that Facebook violated antitrust laws by buying Instagram and WhatsApp in order to eliminate them as competitors.
Hammond mayor starts Senate campaign to challenge Todd Young
Mayor Thomas McDermott Jr. filed with the Federal Election Commission on Wednesday to begin raising money for a Senate race.
Biden to require vaccines for nursing home staff as condition for funding
Hundreds of thousands of nursing home workers are not vaccinated, according to federal data, despite those facilities bearing the brunt of the early COVID-19 outbreak and their workers being among the first in the country to be eligible for shots.
Appeals court says state can halt enhanced unemployment benefits
A decision issued Tuesday by the Indiana Court of Appeals is allowing the state to again stop the federal enhanced unemployment benefits that Gov. Eric Holcomb had tried to end in June because he thought the extra money encouraged workers to stay out of the job market.
Biden administration OKs largest boost to food assistance benefits in SNAP history
U.S. Agriculture Secretary Tom Vilsack is expected to announce Monday morning that benefit amounts for the program, formerly known as food stamps, will rise an average of 25% above pre-pandemic levels.
Pelosi faces new threat from Dem moderates in budget fight
House Speaker Nancy Pelosi faced a fresh hurdle Friday to passing President Joe Biden’s multi-trillion dollar domestic policy aspirations, as nine moderate Democrats threatened to derail a budget blueprint crucial to opening the door to much of that spending.
Federal judge leaves CDC evictions moratorium in place
U.S. District Judge Dabney Friedrich has refused landlords’ request to put the Biden administration’s new eviction moratorium on hold, though she made clear she thinks it’s illegal.
Senate push for expansive electric-vehicle incentives in $3.5T budget could hit bumps
The Senate dust-up Tuesday reflects long-standing disagreements on Capitol Hill over the benefits of financial incentives to spur the transition to electric vehicles, which make up about 2% of U.S. sales.
Senate passes $1T infrastructure bill, which faces uncertain future in House
Lawmakers in the bipartisan coalition showed they were willing to set aside political pressures, eager to send billions to their states for rebuilding roads, broadband internet, water pipes and the public works systems that underpin much of American life.
Senate Dems unveil $3.5T budget for social, climate efforts
The measure lays the groundwork for separate legislation later this year that over a decade would pour mountains of federal resources into Democrats’ top priorities, with much of it paid for with tax increases on the rich and corporations.
Biden considers withholding funds, other measures to spur vaccinations
If the Biden administration goes forward with the plans, it would amount to a dramatic escalation in the effort to vaccinate the roughly 90 million Americans who are eligible for shots but who have refused or have been unable to get them.
Budget office: Infrastructure bill adds $256B to deficits
Nearing decision time, senators are wrapping up work on the bipartisan infrastructure plan, and talks were under way late Thursday to expedite consideration and voting on the nearly $1 trillion proposal.
U.S. automakers pledge huge increase in electric vehicles
Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.