Category: Executive Branch

GOP Lawmakers Urge Biden to Stop Sending Billions of Dollars in Military Aid, Weapons to Ukraine

April 21, 2023
bidenEuropeExecutive Branchmilitary aidPoliticsRepublicansRussia-Ukraine WarUkraineUSWorld
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A group of 19 Republican lawmakers has called on the Biden administration to stop spending billions of dollars in military aid to Ukraine amid Russia’s ongoing invasion. In an April 20 letter (pdf) to President Joe Biden, the GOP Representatives and Senators shared their concerns that the trajectory of U.S. aid to Ukraine risks further escalating…

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Manchin Presses Energy Secretary Over Changes to EV Tax Credit Policy

April 20, 2023
congressDepartment of EnergyExecutive BranchJoe ManchinPolicies & ImpactsPoliticsSecretary of Energy Jennifer GranholmSenateSenate Energy and Natural Resources CommitteeUSUS News
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Sen. Joe Manchin (D-W.Va.) grilled Energy Secretary Jennifer Granholm on Thursday over the Biden administration’s “liberalization” of the electric vehicle (EV) tax credit embedded in the Inflation Reduction Act (IRA). Manchin, who chairs the Senate Energy and Natural Resources Committee, warned Granholm at a hearing that the administration’s lax interpretation of the IRA would “bust…

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Trade Envoy Tai Says US Not Seeking to ‘Decouple’ From China

April 20, 2023
Business & MarketsChinaeconomyExecutive BranchPoliticsTaitradeUSUS NewsUS-China relations
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TOKYO—Washington is not seeking to decouple the American economy from China’s, U.S. Trade Representative Katherine Tai said Thursday while on a visit to Tokyo. Tai, who is on her fourth visit to Japan after being appointed the top U.S. trade envoy, said all members of President Joe Biden’s administration have been “very clear that it…

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CFPB Employee Sent Data on 256,000 Consumers to Personal Email

April 20, 2023
Bill HuizengaBusiness & MarketsConsumer Financial Protection BureauDodd FrankeconomyExecutive BranchMick MulvaneySen. Sherrod BrownSen. Tim ScottThe Federal ReserveUSUS News
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An employee of the Consumer Financial Protection Bureau (CFPB) made unauthorized transfers of confidential data relating to 256,000 consumers to a personal email account, the bureau has revealed. The CFPB found personally identifiable information relating to customers of seven institutions that had been forwarded by a staffer—who is no longer employed at the CFPB. The…

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Biden Proposes $100 Billion Budget Fix for America’s ‘Affordable Housing Crisis’

April 20, 2023
Affordable HousingBiden FY24 Budget RequestcongressDemocratseconomyExecutive Branchhomelessness in americaPolicies & ImpactsPoliticsRepublicansUSUS News
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President Joe Biden’s Fiscal Year 2024 (FY24) budget request seeks $73.3 billion for the Department of Housing and Urban Development (HUD), a $1.1 billion increase from its FY23 budget, and calls for a dramatic boost in affordable housing allocations over the next decade. HUD’s proposed spending plan incorporates annual budget requests from 16 offices within…

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Biden Proposes $100 Billion Budget Fix for US ‘Affordable Housing Crisis’

April 20, 2023
Affordable HousingBiden FY24 Budget RequestcongressDemocratseconomyExecutive Branchhomelessness in americaPolicies & ImpactsPoliticsRepublicansUSUS News
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President Joe Biden’s fiscal 2024 (FY24) budget request seeks $73.3 billion for the Department of Housing and Urban Development (HUD), a $1.1 billion increase from its fiscal 2023 budget, and calls for a dramatic boost in affordable housing allocations over the next decade. HUD’s proposed spending plan incorporates annual budget requests from 16 offices within…

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Housing Agency Rules Will Force Homeowners With Good Credit to Subsidize High-Risk Borrowers

April 20, 2023
Business & MarketsCompaniesCredit Scoreseconomic policieseconomyequityExecutive BranchFederal Housing Finance AgencyinflationInvestmentMarketsmortgagespersonal financePolicies & ImpactsPoliticsreal estaterecessionUSUS Real Estate
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The Biden administration will soon punish Americans with high credit ratings to pay more for their mortgages to subsidize loans for homebuyers with lower scores. Starting May 1, Americans purchasing a new home or are refinancing their existing mortgages will have to pay higher mortgage rates and monthly fees if they have a higher credit score, The…

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Federal Government Struggles to Get Americans to Buy EVs: Here’s How Many Are Seriously Considering It

April 20, 2023
Business & Marketseconomic policieseconomyelectric vehicleExecutive BranchPoliticspollUSUS News
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Amid recent a federal push to drive more Americans into purchasing electric vehicles, a new poll suggests that most Americans aren’t sold on the cars. As of late March 2023, only about 4 percent of all Americans own an electric vehicle, according to a survey published by Gallup last week. Another 12 percent told the…

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LIVE NOW: White House Holds Daily Press Briefing After House Passed the Bill Protecting Women in Sports

April 20, 2023
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White House holds press briefing by Press Secretary Karine Jean-Pierre at 1:00 p.m. ET on April 20. …

LIVE NOW: White House Holds Daily Press Briefing After House Passes Bill Protecting Women in Sports

April 20, 2023
briefingEpochTVEpochTV LiveExecutive BranchLive VideosPoliticsSportsUSUS NewsVideoWhite HouseWoman Sports
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The White House holds a press briefing by Press Secretary Karine Jean-Pierre at 1:00 p.m. ET on April 20. …