Amid crypto turmoil, senators propose sweeping oversight
Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
Government & Economic Development
Articles
Biden waives solar panel tariffs, seeks to boost U.S. production
White House officials said President Biden’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components like cells used for clean-energy generated fuels.
Big deals provide economic momentum; state still must focus on workforce
Experts say Indiana can’t take its foot off the proverbial gas; state economic development leaders say they are moving in the right direction.
City to make equity focus of cultural plan
The Department of Metropolitan Development is creating the city’s first cultural-equity plan—an effort to guide investment and resources into arts and attractions in a way that serves the entire community.
Indiana governor eyes ‘inflationary relief,’ not gas tax cut
Indiana Gov. Eric Holcomb said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump.
FDA chief struggles to explain slow response on baby formula
The FDA and President Joe Biden face mounting political pressure to explain why they didn’t intervene sooner to head off the supply crisis.
Indiana lawmakers override governor’s veto of trans sports bill
State senators voted 32-15 in favor of overriding Gov. Eric Holcomb following the same action in a 67-28 vote by the House earlier in the day.
Holcomb heading to World Economic Forum in Davos
The Indiana governor is scheduled to participate in a panel discussion Monday in Davos about high-tech manufacturing with business and labor union executives.
Biden invokes Defense Production Act for formula shortage
The Defense Production Act order requires suppliers of formula manufacturers to fulfill orders from those companies before other customers, in an effort to eliminate production bottlenecks.
Electric vehicle commission is setting stage for industry growth in state
Members are conducting research on everything from the capabilities of Indiana’s current auto manufacturers to potential opportunities for research and development within the EV product industry.
Indiana secretary of state doubles post-vote audits
As election security continues to be a hotly debated topic, the secretary of state says this plan is another step toward assuring voters that the state’s election results are accurate.
Task force to examine building rules in effort to drop state’s housing costs
The 13-member body approved by the Legislature in March is tasked with addressing Indiana’s affordable housing shortage.
U.S. energy chief touts $3B plan to boost EV batteries
U.S. Energy Secretary Jennifer Granholm said the new program will offer grants to companies that process or recycle battery components to increase domestic supplies of a market now dominated by China and other countries.
Clerk’s race could carry consequences for Marion County Democrats
A longtime feud among local Democrats has come to a head in the contentious race for county clerk, pitting county recorder and party chair Kate Sweeney Bell against former state senator and two-time county auditor Billie Breaux.
Republican candidates line up for Indiana House races in northern suburbs
Two newly redrawn Indiana House districts in Indianapolis’ northern suburbs have attracted a total of six Republican candidates looking to advance to November’s general election.
Tuesday’s primary to feature spirited local contests
Indiana’s first Election Day after pandemic-related complications comes Tuesday, and a few hotly contested primary races are in the spotlight.
Holcomb: Trade trip to Europe targeting electric vehicles, batteries, clean energy
Indiana Gov. Eric Holcomb and Secretary of Commerce Brad Chambers spent this week in Sweden, the United Kingdom and Monaco meeting with world leaders and companies.
Lilly CEO has leaders talking about whether state is doing enough to grow Indiana
David Ricks’ lunchtime speech to The Economic Club of Indiana—repeated on social media by those in attendance and reported by IBJ and local TV stations—has reverberated across the state.
Lilly’s David Ricks: ‘We’re going to struggle’
The following is a partial transcript of Ricks’ speech to the Economic Club of Indiana on April 20, in which he spoke about problems in Indiana’s business climate.
Pete Yonkman: Core business resources can drive community change
Government and policymakers have a large role to play in addressing the state’s economic challenges. But they can’t do it alone. Nor should we expect them to.