She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…
Read MorePandemic Recovery
Treasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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Former NIAID Director Testifies Before Congressional Committee
The key public health official “did not recall” details about COVID-19. The House Select Subcommittee on the Coronavirus Pandemic heard testimony from former Director of the National Institute…
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Labor Department Announces Modernization Effort for UI Programs
The agency is following up on recommendations from GAO. The Department of Labor announced the OpenUI Initiative to help state agencies improve the reliability of unemployment insurance (UI)…
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Report Shows 40% of Student Loan Borrowers Not Making Payments
Education Department states that 9 million federal student loan borrowers missed their October payment. Federal student loan payments, that were suspended during the COVID-19 pandemic, resumed as of…
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Commerce Department Reports Outdoor Recreation Revenue
Record highs within the sector show a bounce-back after the COVID-19 pandemic. The outdoor recreation industry generated $1 trillion in gross domestic product (GDP) for America’s economy in…
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Federal Reserve Expects to Cut Rates in New Year
Central bank officials kept the current rate steady in the final meeting of 2023. The Federal Reserve concluded its final quarterly meeting this month, holding interest rates steady…
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GAO Finds Planned Parenthood Received Over a Billion in Pandemic Relief
Senator Blackburn requested the report that detailed the funding. The Government Accountability Office (GAO) recently found that Planned Parenthood had received $1.78 billion in pandemic relief funds from…
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HUD Releases Report on Homelessness
2022 numbers reach record levels as gains against homelessness made before the pandemic have reversed. The Department of Housing and Urban Development released a report that shows that…
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Military Officials Testify About Low Recruitment Before Senate Committee
Army general calls 2023 “one of the toughest recruiting landscapes” he’s seen in his career. The U.S. military’s four recruiting chiefs testified before the Senate Armed Services Committee…
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