President Responds to ILA and USMX Agreement

He applauded port operators and carriers and thanked union workers. After the dock workers’ union and dock employers came to a tentative agreement to extend the contract and…

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Dock Workers Union Extends Contract Through Mid-January

Parties will continue to negotiate outstanding details. The International Longshoremen’s Association (ILA) agreed late Thursday to extend its contract with the United States Maritime Alliance (USMX). “The union…

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Treasurer Chief Malerba Visits Band Ojibwe Reservation to Review Federal Investments 

 New bank, wastewater treatment facility, and townhomes funded by grants. U.S. Treasurer Chief Lynn Malerba visited the Mille Lacs Band of Ojibwe reservation in Minnesota last month, touring…

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Six Critical Mineral Refining Research Projects Receive DOE Funding

The $5.5 million investment will advance financial attainable, responsible ways to refine critical minerals. The Department of Energy (DOE) has allocated $5.5 million to six research and development…

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Commerce Department Supports Small Business Technology Research

$5 million will fund 17 small businesses conducting microelectronic experiments in nine states. The Department of Commerce has awarded $5 million to small businesses engaged in research and…

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U.S. Port Employers File a Complaint with National Labor Relations Board

They requested injunctive relief, stating that the labor unions have ceased to negotiate. The United States Maritime Alliance has filed a complaint with the National Labor Relations Board (NLRB),…

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White House Announces Small Business Fund for EV Supply Aid

A fund will support small- and medium-sized auto manufacturers with access to capital to refinance, grow, or diversify their businesses. The White House announced that a $1 billion…

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FTC Backs USDA’s Proposed Rule on Meat Processing Practices

Commission supports clarifying the Packers and Stockyards Act to protect competition and promote a more resilient food system. The Federal Trade Commission (FTC) has expressed support for a…

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USDA Invests $121 Million into Specialty Crop Research

17 projects address unique challenges facing U.S. produce. The U.S. Department of Agriculture (USDA) announced the distribution of $121 million to support research for specialty crops and agriculture…

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Federal Reserve Board Cuts Prime Rate 50 Basis Points

The central bank was motivated by the change in the employment rate, among other factors. The Federal Reserve cut interest rates by half a point on Wednesday, an…

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