Trump to be honored as Time’s person of the year
President-elect Donald Trump also will ring the opening bell at the New York Stock Exchange.
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FBI Director Wray says he intends to resign before Trump takes office in January
Christopher Wray said at a town hall meeting that he would be stepping down “after weeks of careful thought,” roughly three years short of the completion of a 10-year term.
UPDATE: Federal judge halts proposed supermarket merger between Kroger, Albertsons
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, seeking to block the $24.6 billion deal.
EPA bans two cancer-causing chemicals used in everyday products
The EPA conducted risk analyses last year and found that both substances present unreasonable risk of injury to human health or the environment.
Trump fills out his economic team with two veterans of his first administration
Trump on Tuesday announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council.
Trump efficiency guru Ramaswamy could benefit from crusade against FDA
Vivek Ramaswamy owns about $670 million in shares of Roivant Sciences, which is pursuing studies for three drugs that could land before the FDA during Donald Trump’s second term.
Entek officially receives $1.2B DOE loan for Terre Haute plant
When operational, the facility will produce battery separators for lithium-ion battery manufacturers across the country, primarily for use in electric vehicles.
Trump, GOP eye new limits on Consumer Financial Protection Bureau
Aides on Trump’s transition team have started considering candidates to lead the CFPB who are expected to ease its oversight of banks, lenders and tech giants.
State receives $196M loan from EPA for water projects
Funding will go toward updating aging water systems and replacing lead pipes, building and expanding water systems in growing areas and improving cybersecurity systems.
Airline CEOs, Buttigieg fight over regulations even after election
The Biden administration is on its way out of power, but that’s not ending the arguments between Transportation Secretary Pete Buttigieg and airlines that think they are being over-regulated.
Midwest hydrogen hub involving Indiana to get $22.2M in initial federal support
The Department of Energy’s Office of Clean Energy Demonstrations announced Wednesday afternoon that it had reached a cooperative agreement with the Midwest Alliance for Clean Hydrogen, or MachH2 for short, and awarded Phase 1 funding.
Trump naming former Wisconsin Rep. Sean Duffy to be transportation secretary
Duffy would replace Pete Buttigieg, the former presidential candidate and South Bend mayor, who has served in the position since 2021.
Judge blocks new Labor Department rule to expand overtime pay for millions
Trade groups argued the move would harm businesses and lead to costs that would potentially force employers to cut jobs or limit their workers’ hours.
Trump comments have semiconductor chip industry anxious
Comments about the CHIPS and Science Act by President-elect Donald Trump and U.S. House Speaker Mike Johnson before the election have raised questions about whether the president and Congress are fully committed to the law that Indiana is deeply invested in.
FTC is preparing to investigate Microsoft’s cloud business
The Federal Trade Commission is preparing to send a demand for documents and other records to Microsoft as it investigates alleged alleged anticompetitive practices, according to a person familiar with the investigation.
New FDA rules for TV drug ads: Simpler language and no distractions
TV remains the drug industry’s primary advertising format, with more than $4 billion spent in the past year, led by blockbuster drugs like weight-loss treatment Wegovy, according to ispot.tv, which tracks ads.
Republicans win U.S. House, giving Trump, GOP control of Congress
When he returns to the White House, President-elect Donald Trump will be working with a Republican Party that has been completely transformed by his “Make America Great Again” movement and a Supreme Court dominated by conservative justices, including three that he appointed.
Trump taps Musk, Ramaswamy to oversee ‘drastic’ changes to U.S. government
The Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, will provide recommendations to slash regulations, cut staff and overhaul federal operations.
Trump expected to try to halt TikTok ban, allies say
The video-sharing app faces a January deadline to find a new owner not based in China or lose access to U.S. users, under a law passed in April with bipartisan support.
Minority-owned firms face ‘crisis’ as affirmative action programs fall
Minority- and women-owned businesses are bracing for the end of affirmative action in federal contracting—and the potential loss of contracts worth at least $70 billion a year.