The Treasury Department announced its Office of Foreign Assets Control will target and place sanctions on nine Iranian shadow fleet vessels and their owners who allegedly transported hundreds of millions in Iranian oil and petroleum to foreign markets. “Today’s sanctions target a critical component of how Iran generates the funds used to repress its own...
The city of Philadelphia on Thursday sued the Department of the Interior after National Park Service staff removed an exhibit on slavery from the President's House site in Independence National Historical Park. The lawsuit asks for a preliminary injunction to keep the displays up. It says the exhibit was removed "without notice" and "presumably pursuant"...
President Trump on Wednesday reached the "framework" of a deal with NATO over mineral rights and strengthening security in Greenland after backing off from his suggestion that the U.S. militarily take over the island territory. "This solution, if consummated, will be a great one for the United States of America, and all NATO Nations," Trump...
The House on Thursday rebuffed — at least for now — efforts to allow for more ethanol in gasoline year-round as Midwestern lawmakers pushed for more use of the fuel. Some lawmakers, particularly from the Midwest, sought to include legislation that would allow sales of gasoline with higher ethanol content all year in a funding...
A funding bill released this week would claw back hundreds of millions of dollars passed to fund electric vehicle (EV) charging infrastructure passed under the Biden administration. The bill in question, released Tuesday, would fund the departments of Homeland Security, Defense, Transportation, Housing and Urban Development, Health and Human Services, Labor, Education and other related agencies....
The price of natural gas jumped this week ahead of a significant winter storm slated to hit large swaths of the country this weekend. Spot prices for natural gas, which is used for home heating, were up about 21 percent on Wednesday morning, according to Business Insider’s tracker. The jump is still lower than a previous...
Rep. Thomas Massie (R-Ky.) criticized President Trump on Tuesday over his administration’s handling of Venezuela’s oil after ousting Venezuelan leader Nicolás Maduro earlier this month, highlighting the funds it will receive from selling that oil. Massie, a fiscal hawk who has been known to break with GOP leaders on issues related to spending, described oil...
The Trump administration announced plans Tuesday to hold a critical minerals summit — a move that comes in the wake of President Trump’s ramped up pursuit of Greenland. “On February 4, @SecRubio will welcome partners from across the globe to the State Department for the inaugural Critical Minerals Ministerial,” the department posted on social platform...
After the Trump administration and a coalition of bipartisan governors called on the biggest U.S. electric grid operator to enact reforms to cut electricity prices, the operator announced its own plan that does not include key details of the bipartisan proposal. The grid operator, PJM, which serves states on the East Coast and in the Midwest, said Friday...
