Treasury Sanctions Four Houthi Officials for Red Sea Attacks

Part of the U.S. response to the Yemen-based rebel group targeting commercial vessels. The Department of the Treasury sanctioned four key officials of the Houthi group based in…

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Commerce Department Announces Domestic Chip Production Grants

$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…

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Commerce Department Launching Semiconductor Supply Chain Survey

The department will assess the current state of domestic production to develop support methods. The Department of Commerce announced that it is launching a new survey this month…

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FHWA Announces Funding for Bridge Modernization

The Bridge Investment Program supports planning, repair, and replacement projects. The Department of Transportation’s Federal Highway Administration (FHWA) has opened applications for improvement projects under the Bridge Investment…

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Pentagon Concerned Over Costs of Houthi Attacks

They compare a $2M missile with a $2,000 drone.  Over the past two months, U.S. Navy destroyers have shot down 38 drones and multiple missiles launched by Houthi…

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$4.2 Billion for Global Nuclear Energy Announced at COP28

Sapporo 5 nations vow to develop an international supply chain. The United States, Canada, France, Japan, and the United Kingdom dedicated $4.2 billion to develop the global nuclear…

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Transportation Department Launches Freight Office

The transportation secretary says the new office will strengthen supply chains. President Biden and Secretary of Transportation Pete Buttigieg recently announced the creation of the Office of Multimodal…

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Administration Creates Supply Chain Resilience Center

DHS secretary outlines disruptive dynamics against which the center is intended to protect the supply chain. President Joe Biden and Secretary Alejandro Mayorkas announced the new Supply Chain…

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Indo-Pacific Leaders Sign Clean and Fair Economy Agreements

Concludes latest IPEF meeting with with signing, larger agreement to come. The most recent week-long meeting between Indo-Pacific leaders concluded on Friday with the signing of a Supply…

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DOT Releases Emergency Funding for Fire-Damaged Interstate

A section of I-10 in Los Angeles closed due to fire has reopened. The Department of Transportation (DOT) released $3 million in “quick release” funding to kickstart repairs…

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