Tag Archives: feature

House Passes Bill to Repeal Dodd-Frank Financial Regulations

The House passed the Financial Choice Act Thursday to eliminate Dodd-Frank, a massive set of banking regulations that were instituted in the aftermath of the 2008 financial crisis. The bill, sponsored by House Financial Services Committee Chairman Jeb Hensarling (R-Texas,) passed on a near party-line vote.   “Dodd-Frank represents the greatest …

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US Air Force Requests Millions for Construction Funding to Improve Aircraft Ranges

In its fiscal year 2018 budget request, the US Air Force (USAF) has requested funding for construction to improve aircraft ranges in Utah and Nevada. This would allow the USAF to utilize the full range of capabilities available to F-35A aircrews, said USAF Chief of Staff General David Goldfein and …

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DoD: China to Add More Overseas Bases

China is expanding its access to foreign ports so as to sustain deployments in the Mediterranean Sea, and the Atlantic and Indian Oceans, according to a U.S. Department of Defense report. China is seeking “to regularize and sustain deployments in the ‘far seas'” and “project and sustain military power at …

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DHS Sec. Kelly: We Are Not Targeting Dreamers

Homeland Security agents are not actively targeting Dreamers for deportation, Secretary John F. Kelly told the House Homeland Security Committee Wednesday. “We are not, not, not targeting DACA registrants right now,” said Kelly. Dreamers are illegal immigrants that were approved for tentative status in 2012 under President Obama’s DACA, or Deferred Action …

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Trump to Nominate Christopher A. Wray to Lead FBI

President Donald Trump announced Wednesday in a tweet that he will nominate former assistant U.S. attorney general Christopher Wray to head up the Federal Bureau of Investigation (FBI.) “I will be nominating Christopher A. Wray, a man of impeccable credentials, to be the new Director of the FBI. Details to follow,” …

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Weatherington: DoD Has Made ‘Huge Leap’ Forward in Unmanned Systems

The Department of Defense has made “a huge leap” forward in unmanned systems in five years, said Dyke Weatherington, currently performing the duties of the Assistant Secretary of Defense for Acquisition, Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics (OUSD) (AT&L.) Speaking at the Potomac Officers …

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Stu Shea Named CEO of MHVC, Recent Acquisition of Veritas Capital

Stu Shea has been named Chief Executive Officer of MHVC Acquisition Corp., (MHVC) formerly Harris Corporation’s Government Services business, a recent acquisition of Veritas Capital. MHVC is operating as a standalone company and will launch the new brand soon, Veritas Capital announced in a press release. Previously, Shea was President and Chief …

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Veterans Affairs Will Adopt DOD Electronic Healthcare Records Platform

The Veterans Affairs Department has decided that it will forego the usual technology acquisition process and implement the same electronic health records (EHR) platform as the Defense Department, according to an announcement today from Secretary David Shulkin. “Because of the urgency and the critical nature of this decision, I have …

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HHS: ‘Healthcare Cybersecurity is in Critical Condition’

The Department of Health and Human Services (HHS) said “healthcare cybersecurity is in critical condition” in its report to Congress Friday. Hospitals and health care facilities are a honeypot for hackers and prime targets for ransomware attacks because of the huge amounts of personal information that they collect. While cyber criminals have grown …

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138,000 Jobs Added in May; Unemployment Dips Slightly to 4.3 Percent

The U.S. economy added 138,000 jobs in May, according to the monthly jobs report released by the Bureau of Labor Statistics Friday morning. The national unemployment rate dipped to a 16 year low, from 4.4 percent to 4.3 percent. The 4.4 percent last month was already the lowest it had …

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