President Donald J. Trump and Vice President-Elect JD Vance on Debt Ceiling & Spending Bill

President Donald J. Trump and Vice President-Elect JD Vance on Debt Ceiling & Spending Bill

Palm Beach, FL…”The most foolish and inept thing ever done by Congressional Republicans was allowing our country to hit the debt ceiling in 2025. It was a mistake and is now something that must be addressed. Meanwhile, Congress is considering a spending bill that would give sweetheart provisions for government censors and for Liz Cheney. […]

EPA Approves California’s Advanced Clean Cars Regulations Banning Gas Powered Vehicle Sales

EPA Approves California’s Advanced Clean Cars Regulations Banning Gas Powered Vehicle Sales

Washington, DC…Today, the U.S. Environmental Protection Agency (EPA) is granting two requests from the California Air Resources Board (CARB) for waivers to implement and enforce its Advanced Clean Cars II (ACC II) regulations for light-duty vehicles, and its “Omnibus” low-NOx regulation for heavy-duty highway and off-road vehicles and engines. Under the Clean Air Act, California is afforded the ability […]

Federal Reserve Drops Rates .25% at Federal Reserve Board and Federal Open Market Committee. (Livestream Below)

Federal Reserve Drops Rates .25% at Federal Reserve Board and Federal Open Market Committee.  (Livestream Below)

Washington, DC…Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve […]

Government Says 245,000 Jobs Created in September

Government Says 245,000 Jobs Created in September

Washington, DC…Total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, government, social assistance, and construction. This news release presents statistics from two monthly surveys. The […]

Federal Reserve Drops Interest Rates by Half a Percentage Point

Federal Reserve Drops Interest Rates by Half a Percentage Point

Washington, DC…Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the […]

California and Norway Ink New Climate Partnership

California and Norway Ink New Climate Partnership

Larkspur, CA…California took significant new climate action with another partner today: Norway.  Governor Gavin Newsom welcomed a delegation from Norway led by His Royal Highness Crown Prince Haakon. Following a stop at San Quentin focused on criminal justice reform, the California and Norway delegations visited the Larkspur Ferry Terminal – with the backdrop of one […]

President Biden Announces a Preliminary Agreement with Intel for a Major CHIPS & Science Act Award

President Biden Announces a Preliminary Agreement with Intel for a Major CHIPS & Science Act Award

Chandler, AZ…Hello, hello, hello. (Applause.) By the way, your dad is right about unions. (Laughter.) Your dad is right: Unions built the middle class. Wall Street didn’t. Unions built the middle class. (Applause.) So, thanks, Tilden, for that introduction and — a union sheet metal worker, a proud member of the Navajo Nation. You’re going […]

Justice Department Sues Apple for Monopolizing Smartphone Markets

Justice Department Sues Apple for Monopolizing Smartphone Markets

Washington, DC…Apple’s Broad-Based, Exclusionary Conduct Makes It Harder for Americans to Switch Smartphones, Undermines Innovation for Apps, Products, and Services, and Imposes Extraordinary Costs on Developers, Businesses, and Consumers. The Justice Department, joined by 16 other state and district attorneys general, filed a civil antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone […]

California Faces $68 Billion Deficit Says the LAO

California Faces $68 Billion Deficit Says the LAO

Sacramento, CA…California Faces a $68 Billion Deficit. Largely as a result of a severe revenue decline in 2022‑23, the state faces a serious budget deficit. Specifically, under the state’s current law and policy, we estimate the Legislature will need to solve a budget problem of $68 billion in the upcoming budget process. Unprecedented Prior‑Year Revenue […]

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