China says the U.S. needs to be “mindful of the extreme complexity and sensitivity“ of its relationship with Taiwan. U.S. Representative Mike Gallagher of Wisconsin headed a delegation…
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Child Tax Credit and Business Bill Passes House
Bipartisan vote moves $78 billion legislation to Senate. Members of the House of Representatives passed legislation to expand the child tax credit and renew investment deductions for business…
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FTC Launches Inquiry into Tech Companies’ AI Investments
The commission examines the impact on competition and innovation. The Federal Trade Commission (FTC) issued orders to Alphabet, Amazon, Anthropic, Microsoft, and OpenAI, requiring them to provide information…
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White House Expands Small Business Access to Federal Contracts
OMB guidance expands access for small businesses to high-value and high use contracts. President Biden’s administration released guidance this week on the expansion of access to federal contracts…
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Prosecutors Allege Senator Menendez Received Gifts from Qatar
Allegations in addition to ongoing trial for fraud, bribery, and conspiracy. U.S. prosecutors brought new allegations against Senator Bob Menendez of New Jersey this week in his ongoing…
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SEC Committee Discusses Proposed Regulation of Financial AI
Opinions differ regarding the purpose of regulation. An advisory committee for the Securities and Exchange Commission (SEC) recently met to review the agency’s latest draft for a policy…
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DOE Invests in Expansion of Energy Workforce Training
17 assessment centers and 10 training centers were selected to receive funding. The Department of Energy (DOE) announced this month that it will distribute $40.8 million to 17…
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Legislation Introduced to Reauthorize Quantum Research
The previous authorization expired on September 30. House Science, Space, and Technology Committee members proposed a bill that would reauthorize the U.S. development of quantum research, funding for…
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Administration Updates Rules on Junk Fees in Retirement Planning
SEC regulation will close loopholes allowing advisors to recommend products that do not offer benefits. President Joe Biden and administration officials have announced tightened rules to clamp down…
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FTC Reports Increase in Social Media Scams
Latest figures show consumers have lost $2.7 billion since 2021. The Federal Trade Commission (FTC) recently released data regarding scams on social media, which have caused the greatest…
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