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Policy · 117th Congress

Biden faces international climate-aid challenge in fiscal 2024

The Obama administration, for example, gave $1 billion toward international climate financing through that fund, said Niranjali Amerasinghe, executive director of ActionAid USA, the American wing of an

Policy · 117th Congress

How a rare plant species could hinder a proposed lithium mine

The U.S. produces less than 1 percent of the global supply of lithium, and its entire supply comes from one facility operated by Albemarle Corp. roughly 80 miles south of the buckwheat habitat.

Policy · 117th Congress

As China threatens Taiwan, Okinawa braces for war

Even though Okinawa prefecture, which includes 48 inhabited islands, accounts for less than 1 percent of Japan’s total land mass, over 70 percent of all U.S. military facilities in Japan are located

Congress · 117th Congress

OPEC production cuts add fuel to domestic energy debates

No. 1, they see the U.S. as potentially heading into a recession. They see the E.U. heading into a recession. China’s economy is still quite soft because of their internal COVID restrictions.”

Congress · 117th Congress

Semiconductor, science bill passes Senate, heads to House

The $11 billion Commerce Department authorization, all of which is on top of baseline funding, includes $10 billion for regional technology hubs and $1 billion for a pilot program to provide economic

Campaigns · 117th Congress

Gas price gouging focus of new ads backing House Democrats

Since May 1, Democratic campaigns and outside groups have spent at least a combined $1.4 million on broadcast television ads talking about high gas prices or lowering them, according to data collected

Policy · 117th Congress

SEC’s climate rule heats up debate on supply chain emissions

on Climate-Related Financial Disclosures and by requiring disclosure of [greenhouse gas] emissions, including disclosure (for many companies) of Scope 3 emissions and third-party assurance of Scopes 1

Policy · 117th Congress

SEC’s new crypto enforcers are coming for DeFi, lawyers say

Sithian of Crowell & Moring LLP said scrutiny is likely over algorithmic stablecoins, which are digital assets that use a market-based arbitrage system, controlled by computers, to maintain a value of $1

Congress · 117th Congress

Bipartisan crypto bill outlines regulatory, tax framework

The drop in value of some cryptocurrencies in May, including the algorithmic stablecoin Terra, which lost its $1 peg, was followed by dips in other cryptocurrencies including bitcoin and Tether.