White House officials have indicated that a decision to block the Nippon purchase of U.S. Steel is unlikely in the short term and may not come until after the 2024 presidential election, after vocal opposition to the idea of blocking the deal.
President Biden
Posted inBusiness, Nation / World
Biden administration releases plans for new minimum tax on large companies
The new minimum tax on large companies by the Biden administration aims to raise $250 billion over the next decade.
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Posted inNation / World, News
Biden ‘outraged’ by U.S. activist’s death; Israel kills dozens in Gaza strikes
Witnesses say Aysenur Eygi, 26, was fatally shot in the head last week by Israeli soldiers who opened fire while she was participating in a protest of illegal settlements in the occupied West Bank.
Posted inElection 2024, Nation / World, Politics
Trump signals support for Biden plan to loosen marijuana restrictions
The former president suggests he wants to see marijuana reclassified as a Schedule III drug, the first time Trump has endorsed the easing of federal restrictions.
Posted inBusiness, Nation / World
Biden signs order prioritizing federal grants for projects with higher worker wages
The grants would prioritize projects with labor agreements, wage standards and benefits such as access to child care and apprenticeship programs.
Posted inNation / World, Schools & Education
Federal judge temporarily blocks Biden’s student loan forgiveness plan
A lawsuit by seven Republican-led states claims the administration is exceeding its authority and illegally preparing to forgive loans before the rule is even in effect.
Posted inNation / World
Hunter Biden enters surprise guilty plea to avoid tax trial months after his gun conviction
The president’s son was already facing potential prison time after his June conviction on felony gun charges.
Posted inElection 2024, Nation / World, News, Politics
Trump issues statement from Gold Star families defending Arlington visit
Vice President Kamala Harris has accused Trump of staging a ‘political stunt’ that ‘disrespected sacred ground.’
Posted inElection 2024, Maine, Politics
Portland woman shares stage with Biden and Harris after advocating for lower drug prices
Judy Aiken, 70, was part of a White House rollout of a new law that allows Medicare to negotiate the prices of some drugs.
Posted inBusiness, Nation / World, News, Schools & Education
‘All so confusing’: Student loan borrowers in limbo after courts halt popular plan
The dueling court cases seeking to overturn the Save repayment plan are creating a harmful ripple effect throughout the federal student loan system.