Commerce Department Publishes CHIPS RFI Summary

Analysis synthesizes public responses to strategy development. The Department of Commerce has released a detailed summary documenting the responses to their Request for Information (RFI) for the Creating…

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President to Host Summit with Pacific Island Nations

One focus will be on climate change collaboration.  On September 28 and 29, President Biden will host a U.S.-Pacific Island Country Summit. The gathering will focus on collaboration…

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Job Openings Increased in July

The hiring pace slowed for the fourth month in a row. The U.S. Department of Labor announced Tuesday that job openings rose in July as employers become less…

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World Economists Expect Economic Volatility to Persist

Members of the Federal Reserve participate in an annual economic symposium. Economic leaders from around the world, including members of the U.S. Federal Reserve, participated in an annual…

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U.S. to Host Indo-Pacific Economic Framework Ministerial

This will be the first in-person meeting to deepen economic ties in the region. U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai will be co-hosting…

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President Establishes CHIPS Act Steering Council

They will coordinate funding, grants, and subsidies.  President Biden signed an executive order directing the implementation of the $280 billion CHIPS Act, designed to boost domestic manufacturing and…

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Federal Reserve Board Meets in Wyoming

Chairman Powell says efforts to reduce inflation will “bring some pain.” Members of the Federal Reserve have been meeting in Jackson Hole, Wyoming, and on Friday, Chairman Jerome…

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$750 Million in Small Business Credit Approved

Treasury Department approved funds for the states of New York, Colorado, Oregon, and Montana. The Department of Treasury recently announced the approval of four state plans for small…

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President Announces Major Student Loan Forgiveness

Benefits accrue to tens of millions of Americans.  President Biden is taking action Wednesday to forgive $10,000 or more in federal student loan debt, a move that would…

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Appeals Court Vacates Block on Oil and Gas Leasing Pause

Executive order stands as district court addresses lack of specificity. In January 2021, President Joe Biden paused new leases for oil and gas extraction on federal land, in…

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