Trump Administration

President Donald Trump's administration is moving ahead with its controversial plan to allow drilling for oil and gas in the Arctic National Wildlife Refuge, National Public Radio reported. What Happened The United States Department of Interior’s Bureau of Land Management formally...

The federal government is halting a $765 million loan to Eastman Kodak Company (NYSE: KODK) for its generic drug-making foray until the company is cleared of insider trading allegations. What Happened "On July 28, we signed a Letter of Interest with Eastman Kodak. Recent allegations of...

A senior functionary of President DonaldTrump’s administration has disclosed that health officials and drugmakers in the United States are expecting the production of a COVID-19 vaccine to begin by the end of summer. What Happened The official said at a press conference Monday that...

Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. National Economic Council Director Larry Kudlow, in a press conference on Tuesday, said that the federal government's planned novel...

The United States military on Thursday conducted five airstrikes targeting Kata'ib Hezbollah facilities in Iraq. What Happened The facilities targeted were used for storing weapons, and the strikes would "significantly degrade [Hezbollah's] ability to conduct future attacks"...

U.S. Companies can continue doing business with Huawei until mid-may as Huawei’s temporary license has been extended. What Happened The U.S. Commerce Department added Huawei to an economic blacklist in May 2019 on national security grounds. Since then, Huawei has been granted a series of...

Huawei Technologies Ltd.'s appeal against a United States law that restricted its ability to do business in the country was rejected by a federal judge on Tuesday, Reuters reported. What Happened The judge ruled that the U.S. Congress acted within its constitutional powers when it included the...

The White House is asking for a 12% increase in the budget for NASA as the space agency continues to push its ambitious Artemis program to send people back to the moon and prepare for human exploration of Mars. The budget proposal requests $25.246 billion, an increase of more than $2.5 billion. The...

The trade deal pushed to the side U.S./China trade war is now in the forefront on reports that House Democrats and the Trump administration are near an agreement on USMCA. Discussions on the deal have taken over a year now, and if it passes the House before the end of 2019, it would move on to be...

U.S. Senator Roger Wicker (R-Mississippi) has introduced legislation requiring the Office of Management and Budget (OMB) to explain why proposed rules on mandatory hair testing for drugs in the transportation sector have yet to be issued. The Preventing Opioid and Drug Impairment in Transportation...

Environmental opposition and a glut of liquified natural gas (LNG) are among the challenges facing a proposed Oregon natural gas pipeline and export terminal project that is seeking federal regulatory approval for the third time in a decade. The latest activist pushback occurred on Thursday, Nov....

Tariffs scheduled to increase from 25% to 30% on $250 billion worth of goods exported from China into the United States on October 15 could be postponed or cancelled depending on progress made in trade talks this week between the two countries, according to the U.S Chamber of Commerce. Optimism...

The National Highway Traffic Safety Administration (NHTSA) is considering allowing cameras to replace both rearview and sideview mirrors on trucks. In a proposal scheduled to be posted on October 10, NHTSA, an agency within the U.S. Department of Transportation, announced it will be opening a 60-...

The Democratic head of the House committee with transportation oversight wants to put the brakes on a Trump administration proposal to let freight railroads haul liquefied natural gas in tank cars. Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Oregon) and Congressman Tom...

The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...