The administration says the policy under the 1983 Buy America program does not align with domestic manufacturing goals. The Department of Transportation (DOT) introduced a rule that would…
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President Says Ukraine Aid Would Fund U.S. Manufacturing
White House continues advocating for foreign aid congressional approval President Joe Biden continues to advocate for congressional approval of financial aid for Ukraine. He said on Tuesday that…
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White House Announces $5 Billion for Semiconductor Research
The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…
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DOE Announces Investment in Emission Reduction Technology
Funding to address difficulties of industrial decarbonization. The Department of Energy recently invested $254 million into projects dedicated to decarbonizing the industrial sector. About 30 percent of America’s…
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Commerce Department Announces Domestic Chip Production Grants
$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
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White House Economic Advisor Says Sale of U.S. Steel Deserves Scrutiny
Bipartisan legislators voiced opposition and concerns over the sale to a Japanese company. Senators John Fetterman of Pennsylvania and J.D. Vance of Ohio called on the Committee on…
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DOJ Files Antitrust Suit Against Poultry Processor
The department alleges the company charged farmers penalty fees for switching processors. The Department of Justice partnered with the U.S. Department of Agriculture (USDA) to file a lawsuit…
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State Department Urges Avoidance of Chinese Suppliers in Energy Transition
Encourages the development of clean energy economies through domestic production. Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, spoke at a natural gas conference this week, where…
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President Meets with Company CEOs
The closed-door meeting covered the state of the economy and inflation. President Joe Biden held a closed-door meeting on Thursday with the leaders of prominent American companies, tapping…
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Commerce Department Releases Final Policies for CHIPS and Science Act
The commerce secretary announces the guardrails prohibit foreign investments for ten years as well as foreign joint research. The Department of Commerce has released its final rule for…
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