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The key focus of the executive order is to cut the deficit to shorten the timeline for building new plants.WASHINGTON – President Donald Trump signed an executive order on Monday aimed at boosting domestic production of prescription drugs and reducing US dependence on the supply chain.The order directs the Food and Drug Administration (FDA) to streamline the approval process for domestic manufacturing facilities by eliminating unnecessary regulations and accelerating reviews. The key focus is to cut the deficit within the Environmental Protection Agency (EPA) permitting process.Trump called the order “very important” and said he would make a “big announcement next…
More than 3,800 employees regained their first offer in February and received their second offer in April. WASHINGTON – More than 15,000 USDA employees have accepted federal acquisition offers and have resigned or early retirement in exchange for months of paid leave and benefits.More than 3,800 workers received their first offer in February. When it reappeared in April, more than 11,300 people received the offer.A USDA spokesman said despite workforce cuts, Agriculture Secretary Brook Rollins would not allow them to compromise “sectoral work in the department.”Rollins’ intention is to make the department “more effective and efficient,” the spokesman said in…
The coalition calls the White House lawsuit a partisan attack on Trump’s energy agenda a lawsuit, while seeking a court order to lift the winds allowing it to halt.A coalition of 18 democratically-led states filed a lawsuit Monday, challenging President Donald Trump’s halt approval of a nationwide wind energy project, calling it an illegal, politically motivated lockdown that threatens job growth, energy security and “climate progress.”The lawsuit filed May 5th in U.S. District Court in Massachusetts and led by New York Attorney General Lettia James targeted an order issued on the first day Trump issued, halting all new offshore leases…
Six US governors are trying to maintain cross-border trade with Canada amid tensions related to US tariffs.Six Northeast governors have invited the premier ministers of six Canadian provinces to meet in Boston to address the impact of President Donald Trump’s recent tariffs and explore ways to “maintain strong trade relations.”The invitation was extended with the addition of Massachusetts, Maine Governor, New York, Connecticut, Rhode Island and Vermont on May 5th.In a joint letter, the governor said, “We aim to maintain an open line of communication and cooperation, overcome these uninvited tariff challenges, and identify pathways that help the economy endure.”The…
The bill aims to bring predictability to the Stablecoin market through its regulatory regime, but Democrats said they want more security-related reforms.WASHINGTON – A group of nine Senate Democrats announced on May 3 that they would not support a bill designed to regulate routines in the cryptocurrency industry.Stablecoins are digital assets whose value is fixed in relation to the value of another asset, such as the value of a traded item, such as the US dollar exchange rate, the value of a traded item, such as oil, gold, or another cryptocurrency.Unlike other cryptocurrencies where large amounts of value fluctuate frequently,…
Hegseth has issued a memorandum ordering 20% reduction in the number of general officers and flag officers.WASHINGTON – On May 5, Secretary of Defense Pete Hegses ordered a 20% reduction in the number of US military four-star generals and flag officers as well as a reduction in the number of officers elsewhere.Since President Donald Trump took office, his administration has declared his intention to reform the Department of Defense and its personnel policies. Already, Hegseth has ordered changes to training and recruitment, denied several top four-star officers, including CQ Brown’s co-chief Prime Minister, National Security Director General Timothy Haugh and…
Alan Sudderman In the crypto world, meme coins are mostly jokes with no intrinsic value. But the Trump family has imposed presidential meme coins on two valuable commodities: serious cash and access to the president. Chain Analysis, a blockchain analytics company, has generated more than $320 million in fees for creators since the coin was launched earlier this year. And on Monday, Trump promoted a dinner that he was scheduled to attend on May 22nd. According to contest rules, the top 220 owners of Memecoin can go to dinner at Trump’s Washington Area Golf Club. Also, top 25 owners can…
The bid sets a challenge to the incumbent of Democrats, primarily rural districts, who supported President Donald Trump in each of his three elections.Former Maine Governor Paul Lepage announced Monday that he is running to represent the state’s second legislative district to send Democratic incumbents at GOP’s base.Republican LePage confirmed the Congressional bid in a social media post Monday.”I don’t need jobs. I run to protect Maine’s jobs. I run to serve the people of Maine and help the president fix Washington,” LePage wrote in a Facebook post. “We’ve had Washington, DC for many years and have been trying to…
Florida gas prices were monitored again last week. The state average has returned from $3.04 per gallon on Monday to $3.18 by Thursday. On Sunday, Florida gas prices fell to $3.10/g.These price fluctuations have become quite common. Since September 2024, Florida’s average price has bounced between $2.96/g and $3.30/g. The average driver price is $3.11/g. “Florida gas prices are poised to fall this week,” said Marc Jenkins, a spokesman for AAA, the Automobile Club Group. “Last week, oil prices fell on concern that OPEC and its allies could add more oil to the market, which usually results in lower fuel…
Sarah Rasner, Neldovalette We are not in a recession (at the time of this writing at least), but that doesn’t mean that people are not stressed. A Nerdwallet survey found that 85% of Americans are concerned about tariffs, while 45% are worried that tariffs could lead to a recession. Experts aren’t too late to fear. For example, in early April, JP Morgan Research increased the likelihood of a 2025 recession from 40% in the beginning of 2025. “There is a lot of worry and concern about what is unknown right now, but there is comfort in what is known,” says…