federal funds

Audit Reveals Slow Disbursement of Puerto Rico Grid Rebuilding Funds

Siyaset·02.07.2026AI özeti

Audit Reveals Slow Disbursement of Puerto Rico Grid Rebuilding Funds

A federal audit by the U.S. GAO found that less than a quarter of the $14 billion allocated for Puerto Rico's power grid rebuild after Hurricane Maria has been disbursed, nearly a decade later, due to staff turnover, project review delays, and PREPA's debt.

The Independent World

Trump Administration May Withhold Homeland Security Funds Over Election Changes

Siyaset·22.06.2026AI özeti

Trump Administration May Withhold Homeland Security Funds Over Election Changes

The Trump administration is reportedly considering withholding millions in homeland security funding from states that do not implement specific election-related changes, such as eliminating certain electronic voting systems and cross-checking voter rolls with a federal database. States could lose 20% of grants if reforms aren't adopted.

The Independent World

Fed Projections Show One Rate Hike in 2026, Warsh Abstains from Forecast

Business·17.06.2026AI özeti

Fed Projections Show One Rate Hike in 2026, Warsh Abstains from Forecast

The Federal Reserve's latest projections indicate one rate increase in 2026, with the median forecast for the federal funds rate to end the year at 3.8%. Fed Chair Kevin Warsh abstained from submitting his own forecast, citing a desire to overhaul the central bank's communication strategy.

CNBC

1 dk okuma

US Lawmakers Promise to Expedite Puerto Rico's Disaster Recovery

Siyaset·13.06.2026AI özeti

US Lawmakers Promise to Expedite Puerto Rico's Disaster Recovery

US Democratic lawmakers met with Puerto Rican mayors to address concerns about slow recovery from hurricanes and earthquakes. They pledged to push for faster reimbursements and project approvals, citing issues with federal funding disbursement and FEMA staffing.

ABC News

US Democrats pledge to speed up Puerto Rico's recovery from disasters

Siyaset·13.06.2026AI özeti

US Democrats pledge to speed up Puerto Rico's recovery from disasters

US Democratic lawmakers met with Puerto Rican mayors to address concerns about slow recovery from hurricanes and earthquakes. They pledged to expedite reimbursements and project approvals, citing issues with FEMA staffing and past policy delays. Despite billions allocated, significant funds remain undisbursed due to ongoing challenges.

The Independent World

Market Analyst Predicts Fed Rate Cuts Despite Consensus for Hikes

Business·23.05.2026AI özeti

Market Analyst Predicts Fed Rate Cuts Despite Consensus for Hikes

Market analyst Lawrence Lepard predicts new Fed chair Kevin Warsh will cut interest rates in 2026, citing AI productivity and transitory inflation, despite market consensus for hikes. President Trump's focus on "growth" and managing national debt also suggests a lower rate regime.

Cointelegraph

Business·22.05.2026AI özeti

Kevin Warsh, indicado por Trump, assume o comando do Fed

Acil

Kevin Warsh, indicado por Trump, assume o comando do Fed

Kevin Warsh, ex-diretor do Fed e economista, foi nomeado por Trump para presidir o banco central americano. Sua nomeação, aprovada pelo Senado, ocorre após críticas de Trump à política de juros de Jerome Powell.

Senate Republicans Propose $400M for Trump White House Ballroom After Shooting

Siyaset·27.04.2026AI özeti

Senate Republicans Propose $400M for Trump White House Ballroom After Shooting

Three Senate Republicans announced legislation for $400 million in federal funding to build a White House ballroom, following a shooting incident at the White House Correspondents' Dinner. Sens. Lindsey Graham, Katie Britt, and Eric Schmitt said the project is vital to national security. A federal judge blocked construction earlier this month, ruling Trump had not secured Congressional authorization. Trump immediately called for the ballroom after the shooting at the Washington Hilton Hotel, where the alleged gunman was stopped by Secret Service.

CNBC