Read the full article in The Hill here.
Author: The Hill
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Trump administration announces $2.7B to bolster nuclear energy
Read the full article in The Hill here. Read more from C3 >>> What Could a “Nuclear Revolution” Really Look Like? Read>>> Reforming Radiation Standards to Unlock Nuclear Energy’s Full Potential
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Trump says the US will be ‘very strongly involved’ in Venezuelan oil
The U.S. will be “very strongly involved” in Venezuela’s oil industry, President Trump said Saturday after the capture of Venezuelan leader Nicolás Maduro. Asked about the future of the country’s oil industry on Fox News’s “Fox & Friends”, Trump said, “Well, I see that we’re going to be very strongly involved in it.” Read more in The Hill...
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Senate passes mammoth Defense policy bill, sending it to Trump’s desk
The Senate passed the National Defense Authorization Act (NDAA) on Wednesday, sending the mammoth Defense policy bill to President Trump for his signature. Senators voted 77-20 on the annual bipartisan package, which checks in at more than 3,000 pages and puts in place the next year’s Defense prioritiesand authorizes spending levels for Defense and national security...
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Energy secretary predicts that electricity prices will stop rising ‘very soon’
Energy Secretary Chris Wright expressed optimism that electricity prices will eventually come down. “Very soon, you’ll see a stop of the rise of electricity prices. And with the continuation of [the Trump administration’s] policies of energy addition, you will see declines in electricity prices later this term,” Wright told host Jacqui Heinrich on “Fox News...
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Trump’s go-ahead for Nvidia chips to China draws GOP blowback
Some key Republicans are raising alarm over President Trump’s blessing for Nvidia to sell advanced semiconductor chips to China, warning that there are no real safeguards to prevent Beijing from using the technology to challenge American dominance in artificial intelligence. Rep. John Moolenaar (R-Mich.) issued a stark warning on the X account of the Select Committee on...
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Trump proposal would weaken vehicle mileage rules that limit air pollution
President Donald Trump on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on automakers to control pollution from gasoline-powered cars and trucks. The plan, if finalized next year, would significantly reduce fuel economy requirements, which set rules on how far new vehicles need to travel on a gallon of...
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Stocks whipsaw as AI bubble fears, Fed uncertainty rattle Wall Street
Sharp swings in financial markets have left investors reeling in recent weeks, as questions about a potential artificial intelligence (AI) bubble collide with uncertainty surrounding the Federal Reserve’s next interest rate decision. The AI trade has been booming for nearly three years since the release of ChatGPT, but some are beginning to wonder how long this can last before shareholders get antsy for returns on firms’ massive multibillion-dollar investments. Read more in The Hill here.
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Gas prices drop below $3 per gallon, lowest since 2021
Gas prices have dropped below $3 a gallon to their lowest level in more than four years. The national average for regular fell to $2.95 on Friday, the cheapest price at the pump since May 2021, according to GasBuddy. Read more in The Hill here.
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Trump signs order creating Genesis Mission to boost AI-driven research
President Trump on Monday signed an executive order establishing the “Genesis Mission,” a new endeavor to expand AI resources for scientific research. The Genesis Mission, which the administration is comparing to the Apollo program that sent Americans to the moon in the late 1960s, seeks to create an integrated AI platform that brings together federal datasets, computing resources and AI tools to boost scientific discovery. Read more in The Hill...