US Economy

TL/DR - Joe Biden's administration has launched the White House Council on Supply Chain Resilience as part of its effort to strengthen the US economy and its manufacturing capacity. This move, along with the Inflation Reduction Act, is viewed as a shift towards local production and could disrupt global supply chains and international trade,…

TL/DR - U.S. Rep. Michael Burgess has decided not to run for reelection due to his age of 72 years, noting the ongoing public conversation about the age of political candidates. Despite being healthy, he wants to enjoy his later years with his family after serving since 2002. Burgess also stated that he supports rolling back measures from Biden's…

TL/DR - The U.S. Supreme Court will hear the case of Securities Exchange Commission (SEC) v. Jarkesy on November 29, 2023, which could heavily impact the functioning of administrative law judges (ALJs) and the nondelegation doctrine. The case arose from SEC allegations that hedge funds started by George Jarkesy committed securities fraud;…

TL/DR - AES Indiana's Petersburg Generating Station plans to shut down its last coal-burning unit in 2025, replacing two of them with cleaner-burning natural gas units and building an 800 megawatt-hour battery storage array. This move towards renewable energy sources is a trend seen across the country, often driven by state policies and…