Small business owners are calling on Congress to address inflation by easing business regulations and taxes. They say Biden administration policies show disdain for small businesses. Silvia Lee, executive vice president, and Chief Lending Officer for First Community Bank in Corpus Christi, Texas, said a commercial customer told her he felt targeted. “He mentioned that…
Inflation, Biden Regulations, Are Making Life Hard, Small Business Owners Say
LIVE NOW: Rethinking Shipping to Reduce US Vulnerability to China: A Hudson Institute Event
The pandemic triggered supply chain chaos in the past two years, which also provided the United States a chance to see America’s vulnerability in shipping bottlenecks, given that less than 100 ships out of a global fleet of 50,000 are American. As the concern that China could weaponize its growing control over supply chains and…
Rethinking Shipping to Reduce US Vulnerability to China: A Hudson Institute Event
The pandemic triggered supply chain chaos in the past two years, which also provided the United States a chance to see America’s vulnerability in shipping bottlenecks, given that less than 100 ships out of a global fleet of 50,000 are American. As the concern that China could weaponize its growing control over supply chains and…
‘Washington Taxes You and Lights Your Hard-Earned Money on Fire’: Gov. Sanders Responds to Biden’s Address
In her response to President Joe Biden’s State of the Union address on Feb. 7, Arkansas Gov. Sarah Huckabee Sanders came down heavily on the administration’s tax policies burdening Americans who are already struggling with decades-high inflation. “In the radical left’s America, Washington taxes you and lights your hard-earned money on fire. But you get…
Progressives Determined to Accept Higher Inflation
Commentary “Having a little inflation is like being a little pregnant.” — Leon Henderson, FDR Administration This past summer, Sen. Elizabeth Warren (D-Ma.) berated Larry Summers and other interest rate hawks for possibly causing a recession with their calls for higher rates. She called Summers “someone who has never worried about where his next paycheck will come…
Long-Haul Trucks May Be First Fully Autonomous Vehicles
The race to achieve fully autonomous driving is on with companies like Tesla, Cruise, Uber, Google’s Waymo, and others hoping to be first. However, long-haul trucking may be the one to win the race, and the reason is simple: the need is great, and the reward is significant. Indeed, the supply chain crisis will only…
As Nationwide Baby Formula Shortage Continues, Mothers Are Connecting Online to Help Each Other
Jessica Johnson of Superior, Wisconsin, recently traveled to six different stores, crossing over into Duluth, Minnesota, in search of baby formula. When she returned home, she posted photos of empty shelves from different stores on social media. “The day I posted that, my mom, dad, and I all got in the car and went on…
US Senate Passes Bipartisan Shipping Bill to Ease Supply Chain Backlog
A bipartisan bill designed to alleviate the supply chain crisis and ease shipping backlogs was unanimously passed by the U.S. Senate by a voice vote on March 31, after approval in the Senate Commerce Committee last week. The Ocean Shipping Reform Act, co-sponsored by Sens John Thune (R-S.D.) and Amy Klobuchar (D-Minn.), will strengthen the…
Transportation Department Granting $450 Million to US Ports to Ease Supply Crisis
The U.S. Department of Transportation’s Maritime Administration on Feb. 23 said that American ports facing backlogs will be given access to $450 million from the Biden Administration’s $1 trillion infrastructure act, as part of the White House’s attempts to ease the supply chain crisis and lower prices for consumers. The supply chain bottlenecks have slowed the flow…
Justice Department Probes Alleged Exploitation of Supply Chain
The Justice Department announced on Feb. 17, that it is launching an initiative to investigate companies that are profiteering from supply chain disruptions in the United States in violation of federal antitrust laws. The initiative, which will be spearheaded by the Justice Department’s antitrust division and the FBI, comes amid public pressure on the Biden Administration…
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