Washington Financial News
06.03 / 23:15
Corning
U.S. Challenges Mexico’s Plan to Phase Out Imports of Corn From GMO Seeds
WASHINGTON—The U.S. said it is seeking formal consultations with Mexico over its agricultural biotechnology policies—a request officials said is aimed at Mexico’s import ban on genetically modified American corn and other crops.
06.03 / 16:25
2024
Biden Budget to Draw Battle Lines With GOP on Taxes, Spending Ahead of 2024 Campaign
WASHINGTON—President Biden this week will release his annual budget blueprint, a document that is unlikely to gain momentum in Congress but will shed light on his priorities ahead of an expected re-election campaign and set the stage for contentious negotiations with Republicans over government spending.
06.03 / 14:07
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
05.03 / 01:53
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
04.03 / 20:23
Target
U.S. Export Limits Target 28 Chinese Entities, Citing Alleged Ties to Iranian Military
WASHINGTON—The U.S. Commerce Department on Thursday targeted more than two dozen Chinese entities with export restrictions, part of a broader effort by the Biden administration to mitigate what it says is a growing national security threat from China.
04.03 / 13:49
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
03.03 / 16:03
Target
U.S. Export Limits Target 28 Chinese Entities, Citing Alleged Ties to Iranian Military
WASHINGTON—The U.S. Commerce Department on Thursday targeted more than two dozen Chinese entities with export restrictions, part of a broader effort by the Biden administration to mitigate what it says is a growing national security threat from China.
03.03 / 13:17
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
02.03 / 22:53
Law
regulation
MicroStrategy
Taxes
tax evasion
Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing
The Office of the Attorney General for the District of Columbia in the United States is moving forward on a lawsuit against business intelligence firm MicroStrategy executive chair Michael Saylor related to tax evasion.
02.03 / 13:29
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
02.03 / 13:29
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
01.03 / 17:37
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
01.03 / 17:01
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
01.03 / 11:47
Biden to Nominate Julie Su as Labor Secretary
WASHINGTON—President Biden said Tuesday he would nominate Julie Su, the No. 2 official at the Labor Department, to lead the agency, maintaining continuity within a department that played a prominent role in averting a rail strike last year.
01.03 / 11:47
Provident
Supreme Court Signals Skepticism on Biden’s Effort to Forgive Student Debt
WASHINGTON—The Biden administration’s plan to forgive student loans held by 40 million Americans faced a skeptical Supreme Court Tuesday, with conservative justices at times incredulous that federal law allowing the education secretary to provide emergency relief to borrowers could be read to wipe $430 billion from the Treasury’s books.
01.03 / 05:33
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
01.03 / 03:25
Target
Past U.S. Industrial Policy Offers Lessons, Risks for Chips Program
Tuesday’s rollout of the federal $53 billion semiconductor subsidy program dubbed Chips marks a historic embrace by the U.S. of “industrial policy”—the explicit use of government resources to foster favored sectors.
28.02 / 16:47
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
28.02 / 13:09
business
Binance
regulation
coinbase
Crypto industry lobbying expenses rose by 120% in 2022 in the US
Crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, the market participants spent $25.57 million on lobbying in the United States.
26.02 / 23:09
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
25.02 / 20:17
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
WASHINGTON—Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer high inflation.
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