The rule is currently the subject of lawsuits brought by state attorneys general. The Securities and Exchange Commission (SEC) announced that it will pause the implementation of its…
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Labor Department Awards Funding to Youth Workforce Transition Programs
Over $10 million will be split between four states for underserved communities. The Department of Labor announced $10.5 million in funding for funded youth workforce transition programs. This…
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DOD Invests in Domestic Nickel and Cobalt Supply Chains
Funding comes under the Defense Production Act Investment Program. The Department of Defense has announced a $7 million award to The Doe Run Resources Corporation (Doe Run) under…
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Education Secretary Announces Funding to Hawaii Schools for Wildfire Recovery
Funding will support mental health, trauma-recovery training, academic counselors, relief staff, student transportation, and other assistance. President Biden’s administration announced a grant of over $2 million to the…
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Court Allows CFPB Suits Against Student Loan Investment
Appellate court rules that investment trusts must follow consumer protection laws. The Third Circuit U.S. Court of Appeals ruled that investment trusts that purchase and hold private student…
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SEC Fines Two Investment Firms for “AI Washing”
Chair Gensler says advisors should not claim to use AI when they do not. The Securities and Exchange Commission (SEC) fined two investment companies a combined $400,000 for…
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SEC Votes to Approve Emissions Disclosure Requirement for Investments
The rule will not apply to small businesses. The Securities and Exchange Commission (SEC) voted to pass a new climate disclosure rule for large and medium-sized companies offering…
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Interior Department Awards Grants to Clean Up Orphaned Oil and Gas Wells
The funding is allotted under infrastructure legislation. The Department of the Interior announced guidance for states, offering up to $30 million in matching grant funds under the Bipartisan…
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12 Additional Criminal Charges Brought Against Senator Menendez
He continues to maintain his innocence. Federal prosecutors brought an additional 12 criminal charges against Senator Bob Menendez on Tuesday, bringing the total charges against him to 16.…
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Water Infrastructure Report Released by Federal Agencies
The Bureau of Reclamation and U.S. Army Corps of Engineers detailed the results of collaborative efforts. The U.S. Army Corp of Engineers released a joint report with the…
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