Tag Archives: Bidens

Lawmakers are racing toward the August recess, as President Biden prepares to sign a bill Tuesday that invests nearly $52 billion into the semiconductor chip manufacturing sector. Meanwhile, the House is expected to vote this week on a roughly $430 billion spending package aimed to improve health care, address climate change, and make corporations pay their fair share of taxes. The Senate approved the measure over the weekend. We’re also slated to see new inflation data on Wednesday, as U.S…. Source link

Five days. That’s how long you should isolate after testing positive for COVID before going back to normal life (while wearing a mask in public for five more days), according to the U.S. Centers for Disease Control. The CDC’s five-day quarantine policy for COVID cases is not law, but families, human resource departments, schools, and other institutions across the country depend on its advice for deciding how to return to normal life after a COVID infection. Scientists have questioned the… Source link

One of Biden’s top energy aides confirmed Friday the administration won’t extend the oil releases from the Strategic Petroleum Reserve that are scheduled to end this fall. The Strategic Petroleum Release “was really a stop-gap measure,” says Amos Hochstein, Biden’s Special Presidential Coordinator for International Energy Affairs. “We can’t be an oil supplier. It’s a reserve and so we have to keep that.” He vowed that ending the releases won’t spur supply shocks, noting that the… Source link

Gina Raimondo is the 40th U.S. Secretary of Commerce. Cecilia Rouse serves as the 30th Chair of the Council of Economic Advisers. Brian Deese serves as the Director of the National Economic Council. Congress recently answered President Biden’s call for reform in the State of the Union by passing bipartisan legislation to crack down on excessive fees and other unfair practices in the ocean shipping industry. Addressing these unfair business practices is just the latest success in the… Source link

President Biden signed an executive order on June 6 that invoked the Defense Production Act to accelerate domestic production of solar parts. The action, taken in conjunction with a two-year pause on additional solar tariffs from 4 southeast Asian countries, signaled the administration’s public commitment to reduce U.S. reliance on foreign imports in a market dominated by the Chinese. “What the president’s plan does is it keeps the jobs that we already have in the U.S., in U.S. manufacturing… Source link

The Biden economy is still doing okay, but there was a notable deterioration from April to May in the Yahoo Finance Bidenomics Report Card. President Biden’s grade on the economy dropped from A- in April to B in May, because of the tumbling stock market and a dip in wages. Yahoo Finance uses data provided by Moody’s Analytics to measure the president’s performance on the economy in six areas, compared with seven prior presidents at the same point in their term, going back to Jimmy… Source link

More than a dozen officials in the 140-person White House office have been associates of Schmidt’s, including some current and former Schmidt employees, according to interviews with current and former staff members and internal emails obtained by POLITICO. Schmidt maintained a close relationship with the president’s former science adviser, Eric Lander, and other Biden appointees. And his charity arm, Schmidt Futures, indirectly paid the salaries of two science-office employees,… Source link

After weeks of relative silence on the issue, President Joe Biden issued a stark warning to CEOs Monday: Moscow is exploring cyberattacks, they could come soon, and businesses need to do more to prepare. “The president delivered a very clear message, which is, every company needs to be hardening its cyber defenses,” National Economic Council Director Brian Deese told Yahoo Finance. “And I think it was well-received in part because we’ve been working with the private sector for months… Source link

On Sunday reports emerged that Russia asked China for military and economic support for its war in Ukraine. Worse yet for the West, China reportedly seemed open to backing Russia. The news kicked off an intense week of diplomacy and economic brinkmanship that culminated Friday in a nearly two-hour call between President Joe Biden and President Xi Jinping of China. But, according to both sides, the big questions appear to remain unanswered. An official White House summary of the meeting said the… Source link

President Biden’s approval rating for his handling of Russia and Ukraine has risen 5 percentage points since the start of the war in Eastern Europe more than two weeks ago, according to a new Yahoo News/YouGov poll — including a 12-point gain among self-described independent voters. Yet spiraling gas prices, remote peace prospects and rampant U.S. partisanship make Biden’s hopes of a political turnaround seem tenuous at best. The survey of 1,623 U.S. adults, which was conducted from… Source link