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Advanced Talent Development at the National Science Foundation | The Foundation for American Innovation
Today, I submitted written testimony to the Senate Committee on Appropriations, Subcommittee on Commerce, Justice, Science and Related Programs.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing on Maintaining U.S. Leadership in Biomedical Innovation
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Industry Experts Testify on Rise of Sports Betting & Prediction Markets
A Senate Commerce subcommittee holds a hearing on the expansion of sports betting and prediction markets.
House Subcommittee to Examine Prediction Market Protections
Congress examines consumer protections in unregulated sports prediction markets. House hearing addresses market integrity and regulatory gaps. Learn more.
Opponent alleges US Rep. Ezell violated campaign finance laws. Ezell camp calls it a ‘political stunt’
The complaint focuses on the Chouest family, which owns shipbuilding company Edison Chouest Offshore. Family members donated to Ezell, who chairs the Subcommittee on Coast Guard and Maritime Transportation. Congress awarded the company a $950-million contract.
Supreme Court justices Kagan and Barrett to testify on Capitol Hill
Supreme Court Justices Amy Coney Barrett and Elena Kagan are scheduled to testify before Congress next week as lawmakers consider the judiciary’s funding request. Barrett and Kagan are slated to appear before the House Subcommittee on Financial Services and General Government on Tuesday, July 14, according to the House committee schedule. They will also testify […]
McConnell weighs in on Trump's proposed defense budget
Sen. Mitch McConnell, who leads the appropriations subcommittee on defense, said he welcomed "the president’s request for significant growth"
Health Subcommittee: The Fiscal Year 2027 Department of Health and Human Services Budget
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Kelly applauds Trump administration's announcement of $35 million in new rural health care funding for Pennsylvania
WASHINGTON, D.C. -- Today, U.S. Rep. Mike Kelly (R-PA), a member of the Ways & Means Subcommittee on Health, applauded the Trump administration that $35 million, made possible through the federal Rural Health Transformation Program (RHTP), is being put to work to improve health outcomes among rural Pennsylvanians by updating to new, more modern screening technology, buying equipment to bring additional operating rooms online, and expanding transportation options.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing Inviting Representatives of Our Prescription Drug Supply Chain
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Insurer CEOs testifying before House health subcommittee Jan. 22
The hearing comes amid pressure on House Republicans to address health care costs after the expiration of enhanced Affordable Care Act subsidies.
Energy Secretary’s Own Lawyers Flatly Contradict His Repeated Denials That Politics Played Any Role in Mass Termination of Projects
Murray, Kaptur respond to DOE’s recent legal filing admitting that politics was the only reason nearly 300 cost-cutting energy projects in blue states were terminated during the shutdown last October Washington, D.C. — Today, Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Subcommittee on Energy and Water Development, and […]
Rep. Andy Ogles: There's a race to quantum computing
House Homeland Security Cyber Subcommittee Chairman Andy Ogles warns that heavy-handed government regulations on artificial intelligence could stifle U.S. innovation and allow China to win the quantum computing race.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Markup of Three Bills Combatting Illicit Drug Threats
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Report on entertainment district plans in downtown Phoenix to be heard by council subcommittee
The report makes a series of recommendations that the city could implement in the short and long term to enhance Downtown Phoenix and attract more visitors.
Testimony of Brian Blase before the United States House Judiciary Committee Subcommittee on the Administrative State, Regulatory Reform, and Antitrust — "Examining Healthcare Markets: Fraud and Competition"
Government has created incentives to maximize subsidies while weakening incentives to improve productivity and compete for patients.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing Examining Health Insurance Affordability
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
RADPAC launches new subcommittee dedicated to teleradiology advocacy
Kimberly Beavers, MD, a clinical assistant professor and remote breast radiologist with NYU Langone Health, will serve as inaugural chair of the initiative.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing to Examine Policies to Increase Health Care Transparency for Patients and Employers
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Federal Officials Testify on the Implementation of the CHIPS & Science Act
Officials from NASA, National Science Foundation, National Institutes of Health, and the Department of Energy testify to the implementation of the CHIPS & Science Act before a House Science, Space and Technology subcommittee.
Health Subcommittee Markup
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
State House moves forward with Health Dept. budget
LANSING — Two and a half months before the state’s budget deadline, members of the Republican-led Michigan House of Representatives unleashed a flurry of budget proposals from their respective subcommittees, including a three-part plan to fund the Department of Health and Human Services. With the department making up nearly half of the state budget, members […]
House panel explores direct health contracting to lower costs
The House Education and Workforce Subcommittee on Health, Employment, Labor and Pensions July 1 examined whether direct health care contracts between employers and providers could help address rising health care costs.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Third Hearing in Series to Improve Health Care Affordability for All Americans
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
http://democrats-energycommerce.house.gov/media/press-releases/pallone-opening-remarks-subcommittee-legislative-hearing-public-health-bills
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) delivered the following opening remarks at a Health Subcommittee legislative hearing on "Healthier America: Legislative Proposals to Improve Public Health:"
White House Science & Tech Policy Director Testifies on U.S. AI Strategy
White House Office of Science and Technology Policy Director Michael Kratsios testifies before a House Science, Space and Technology subcommittee on the administration's artificial intelligence (AI) strategy.
State Airfields Receive Funding
U.S. Senator Cindy Hyde-Smith (R-Miss.), Chair of the Senate Transportation, Housing and Urban Development Appropriations Subcommittee, has reported that 24 municipal airfields in Mississippi have been awarded just over $20 million for facility improvements. The Federal Aviation Administration (FAA) approved the third round of FY2026 Airport Improvement Program grants, which meet Airport Safety and Resilient […]
White House Science & Tech Policy Director Testifies on U.S. AI Strategy
White House Office of Science and Technology Policy Director Michael Kratsios testifies before a House Science, Space and Technology subcommittee on the administration's artificial intelligence (AI) strategy.
Reagan’s Immigration Policy ‘A Mess’ Says Schroeder
by Rachael Wright Forty-five years ago this week, Democratic U.S. Rep. Pat Schroeder, representing the 1st Congressional District and serving on the Judiciary Subcommittee on Immigration, Refugee and International Law, said the Reagan administration’s immigration policies were “a mess” and that she felt the administration manipulated refugee policy for foreign policy reasons. “States are left to bear […]
Rep. Blake Moore discusses health care affordability
Rep. Blake Moore, R-Utah, vice chair, House Republican Conference and member of the House Ways and Means Committee and its Subcommittee on Health, joined Bill Gassen, president and CEO of Sanford Health and AHA chair-elect, for a fireside chat. While the conversation covered topics including health care access and regulation, the overarching theme was making health care more affordable for both patients and hospitals and health systems.
Bipartisan Support for Increases to the ‘Indian Health Service’s’ FY27 Budget
Despite democratic fears about the secondary consequences to the agency from cuts to Medicaid, general support remains high. WASHINGTON, D.C. – There was rare bipartisan support to increase funding for the Indian Health Service’s (IHS) proposed budget for Fiscal Year 2027 on Thursday in the House Appropriation Committee’s Subcommittee on the Interior, Environment, and Related […]
http://democrats-energycommerce.house.gov/media/press-releases/pallone-opening-remarks-health-subcommittee-legislative-hearing-0
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) delivered the following opening remarks today at a Health Subcommittee hearing on "Examining Legislative Proposals to Reform Medicare Provider Payment and Bolster Health Care Cybersecurity:”
Farm stress program warns funding gaps can disrupt mental health services for farmers
An extension educator says consistent funding would provide better mental health resources for farmers. Remington Rice with Michigan State University Extension’s Managing Farm Stress Program recently testified during a Michigan House subcommittee hearing about increasing demand for the program. “If we want a strong agricultural system, we have to support the people who make that system work,” […]
Bradenton health care summit: Officials warn millions face barriers to medical care due to high, rising costs
The House Ways and Means Health Care Subcommittee Chair Rep. Vern Buchanan (R-Bradenton) convened a health care summit at the Lake Erie College of Medicine in Bradenton on Tuesday.
Testimony to the US Senate Subcommittee on Science, Manufacturing, and Competitiveness on Science, Standards, and Strategic Competition
The utopian vision of globally integrated, democratic, free-market economies working together in harmony has not materialized. Meanwhile, the belief that China could not innovate—and that America would continue to lead in advanced technologies—also has proven to be false. These new realities require bold reforms in the U.S. research system.
Congress Should Prioritize Transparency and Accessibility in Live Entertainment Industry
January 27, 2026 The Honorable Marsha Blackburn Chairman Senate Committee on Commerce, Science, and Transportation Subcommittee on Consumer Protection, Technology, and Data Privacy 357 Dirksen Senate Office Building Washington, DC 20515 The Honorable John Hickenlooper Ranking Member Senate Committee on Commerce, Science, and Transportation Subcommittee on Consumer Protection, Technology, and Data Privacy 316 Hart Senate Office Building Washington, DC 20515 Chairman Blackburn, Ranking Membe, Author(s): Alexander Ciccone
On the Hill: New Leadership for House Health Panels
While the Democratic succession appears largely settled, the race for the top Republican position on the Ways and Means Health Subcommittee remains wide open.
Celebrating the Broad Appeal of U.S.-Japan Entertainment
JX ’26, an evening gala honoring the visionary leaders and companies shaping the future of the U.S.–Japan entertainment industry, was held March 3 at Soho Warehouse in Los Angeles. Co-hosted by JX (Japan Crossover) – the Entertainment Subcommittee of the LA Next Generation Japanese American Leaders Initiative – and the Consulate General of Japan in […]
http://democrats-energycommerce.house.gov/media/press-releases/pallone-opening-remarks-subcommittee-hearing-health-care-transparency
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) delivered the following opening remarks at a Health Subcommittee hearing on "Lowering Health Care Costs for All Americans: Examining Policies to Increase Health Care Transparency:"
Murray, Kaptur: As Families Pay More & More for Energy, Reports Show Trump Energy Department Withholding Billions and Playing Politics
Washington, D.C. – Today, Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Subcommittee on Energy and Water Development, and Congresswoman Marcy Kaptur (OH-09), Ranking Member of the House Appropriations Subcommittee on Energy and Water Development, released the following statement on the Trump administration holding back or cutting […]
DOE releases national quantum computing roadmap following field-wide effort led by SCAC subcommittee
Quantum computing is becoming a revolutionary tool for scientific discovery.
Fauci's HHS iPhone turned over to Senate investigators as contempt vote looms
Sen. Ron Johnson's subcommittee obtained a copy of Anthony Fauci's pandemic-era iPhone as Rand Paul's panel weighs holding him in contempt of Congress.
Hingham Schools Eye Business Curriculum Expansion as Class Size Concerns Mount
HINGHAM - March 23, 2026 - The Hingham School Committee moved to modernize its high school offerings Monday night, reviewing a comprehensive plan to expand the “small but mighty” Business Department while simultaneously grappling with data that places Hingham as an outlier in elementary class sizes. Director of Social Studies Andy Hoey presented a two-year program review that highlighted the department’s success in community partnerships but warned that high student demand is testing current staffing limits. Meanwhile, committee Chair Jen Benham presented independent research showing Hingham is the only benchmark district with second-grade classes hitting a 25-student cap, sparking a directive for the Policy Subcommittee to review class-size standards. Editors note: South Shore News is going paid in April, subscribe now to make sure you don’t miss a story. Reach out for group or organizational pricing. Subscribe The Full Story The meeting opened with a look into the future of Hingham High School’s (HHS) curriculum. Andy Hoey, who oversees the Business Department, presented the first formal program review for the department since 2009. [15:09] Hoey characterized the department as a vital elective hub that currently serves between 14% and 27% of the HHS student body in any given year. [31:31] “We are very proud of our business department here at Hingham High School... while we’re very proud of it, we are always striving to make improvements and enhancements.” [15:55] — Andy Hoey, Director of Social Studies A key highlight of the presentation was the announcement of a new AP Business with Personal Finance course launching next year, pending enrollment. [20:08] The review team found that while the program is “well-aligned” to national standards, it remains a high-school-only offering. Hoey outlined an action plan to explore “vertical articulation,” potentially introducing business or financial literacy units at the middle school level to fill a “gap” identified between fifth and eighth grade. [41:48] However, the department faces “smoke and mirrors” regarding student GPA, according to Hoey. Currently, most business courses are “unleveled” and do not count toward a student’s GPA, which survey data suggests may deter some students from enrolling. [28:15] The committee discussed the possibility of offering Honors or College Prep (CP) credit for advanced courses, such as investing or marketing, to better reflect their academic rigor. [38:27] The discussion took a sharp turn toward elementary education during an enrollment update. Superintendent Dr. Katie Roberts noted a net gain of four students mid-year, but it was Jen Benham’s “rabbit hole” data analysis that caught the committee’s attention. [50:35] Benham researched 13 benchmark towns—representing 34 elementary schools—and found that Hingham was the only district with a second-grade section reaching 25 students this year. [51:36] Benham’s findings suggested that while many districts lack formal class-size policies, Hingham’s current cap of 25 for second grade may be too high. “I think if we could at least have 23 at a cap for grade two,” Benham suggested, noting the importance of that grade level for literacy development. [53:09], [54:55] Dr. Roberts cautioned that smaller classes require more staff, which is a significant hurdle following a budget season where nine general education positions were cut across the district. [55:56] The committee also finalized the 2025 Town Report, which was updated to be more “student-centered” and highlight staff early in the document. [11:12] Additionally, a series of food service policies were approved to align with Massachusetts’ universal free school meal mandate, including new protocols for meal modifications due to allergies or religious needs. [59:23] Share Why It Matters The meeting underscored a tension between Hingham’s desire to offer elite, specialized programming and the foundational pressure of class sizes. The expansion of the Business Department—including potential Microsoft certifications and AP courses—aims to prepare students for a “real world” where credit scores and financial literacy are paramount. [46:20] However, the revelation that Hingham’s second-grade classes are larger than those in all neighboring benchmark towns suggests a potential strain on early education that could impact long-term student performance if not addressed by the Policy Subcommittee. Official Minutes & Data Key Motions & Votes Motion: To approve the Hingham Public Schools 2025 Town Report. [13:16] Vote: Unanimous (7-0) ([01:13:28]) Motion: To approve the Memorandum of Agreement (MOA) for summer counselor work regarding course placement. [57:33] Vote: Unanimous (7-0) ([57:50]) Motion: To approve Policy EFBA (School Food and Nutrition/Meal Modifications). [01:00:32] Vote: Unanimous (7-0) ([01:00:44]) Motion: To approve Policy EFC (Universal Free School Meals). [01:00:54] Vote: Unanimous (7-0) ([01:01:07]) Public Comment No members of the public spoke during the meeting or via the remote link. [01:02:30] What’s Next The Policy Subcommittee will take up the review of elementary class-size caps over the next year to determine if the Grade 2 limit should be lowered from 25 to 23. [52:18] The Business Department will monitor enrollment for the new AP Business course and continue exploring dual-enrollment partnerships with Quincy College. [38:13] Source Video: Harbor Media South Shore News is a reader-supported publication. 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Robert F. Kennedy Jr. Defends Spending Cuts to Health Agencies
Kennedy appeared before a Senate Appropriations subcommittee about the President’s 2027 budget.
Singer "Kid Rock" & Entertainment Policy Advocates Testify on Concert Ticket Fees
Singer "Kid Rock," Live Nation Entertainment VP Dan Wall & entertainment policy advocates testify to a Senate Commerce subcommittee on ticket prices and fees.
With DeGette’s loss, Raul Ruiz eyes her job on a powerful health panel - Live Updates
The Energy and Commerce Health Subcommittee has jurisdiction over HHS, Obamacare, Medicare and Medicaid.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Third Hearing in Series to Improve Health Care Affordability for All Americans
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
City of Martinez Set to Explore Entertainment Zone
The City of Martinez is set to explore the idea of creating a Downtown Entertainment Zone in subcommittee on Monday, June 22.
With DeGette’s loss, Raul Ruiz eyes her job on a powerful health panel - Live Updates
The Energy and Commerce Health Subcommittee has jurisdiction over HHS, Obamacare, Medicare and Medicaid.
Health System Board Quality Subcommittee discusses U.Va. Health rankings, certifications
The Board of Visitors Health System Board Quality Subcommittee met Thursday morning in the U.Va. Health Education Resource Center to hear a regulatory report from JoAnna Monroe, U.Va. Health director of accreditation and regulatory standards.
Singer "Kid Rock" & Live Entertainment Policy Advocates Testify on Concert Ticket Fees
Singer "Kid Rock," Live Nation Entertainment VP Dan Wall & entertainment policy advocates testify to a Senate Commerce subcommittee on ticket prices and fees.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing Inviting Representatives of Our Prescription Drug Supply Chain
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Progressives Condemn Pick of Pro-Israel Democrat Atop House Panel
Outrage over making Representative Jared Moskowitz, who is vocally pro-Israel, the top Democrat on a Middle East policy subcommittee reflected the party’s rift over Israel.
Health Subcommittee: Healthier America: Legislative Proposals to Improve Public Health
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Health Subcommittee Markup
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
US House healthcare hearing in Charlotte covers Medicaid fraud, CON
A Charlotte field hearing put North Carolina’s CON law and Medicaid expansion financing at the center of a debate over waste, hospital competition, and rural care.
WV Superintendent of Schools Launches First AI and Digital Science Framework in the Nation
Charleston, W.Va. - West Virginia Superintendent of Schools Michele L. Blatt will share the state’s Artificial Intelligence (AI) and Digital Science Framework with educators during professional development sessions at the Charleston Coliseum and Convention Center, Monday through Wednesday, July 27-29, 2026. The Framework, the first of its kind in the country, outlines an approach for digital science and AI literacy education that equips students with the knowledge, skills and credentials to succeed in this rapidly evolving workforce. It also offers educators a way to increase efficiencies in their work and better personalize learning for students.Earlier this year, Superintendent Blatt appeared before a U.S. House of Representatives Subcommittee to share the state’s strategy on addressing the use of AI while also protecting students, their data and educational integrity. The Framework is the result of years of planning, collaboration and development. Digital science encompasses the evolving fields of computer science, AI literacy, data reasoning, cybersecurity awareness, media literacy and the practical application of digital technologies. The framework equips educators to prepare students with the AI and digital science knowledge and skills needed to thrive in the workforce of the future.The West Virginia AI and Digital Science Framework establishes a statewide structure for sustained success. From policy to educator development and student learning, it defines how the state will implement digital science and AI readiness at scale. It serves two priority goals:Respond to the rapidly changing technology landscapeEstablish best practices as a leader for rural models of AI readiness, workforce development and digital science educationWith three statewide commitments, educators will be equipped with understanding and the tools to support implementation. These commitments are:Student Access - Every student will have access to AI literacy learning experiences and digital science instruction before graduationEducator Capacity - All counties will sustain local AI training capacity through a train-the-trainer modelWorkforce Alignment - Every approved pathway will connect to employer demand, postsecondary alignment, and portable or verified credentialsNext week, the West Virginia Department of Education (WVDE) will launch the framework during three educator and staff development sessions. These sessions include unique opportunities for new county central office hires, the Support, Appreciate, Invest, and Learn (SAIL) Conference, and the West Virginia Middle Schools: Bridging the Future Initiative launch. Each session is designed to meet the needs of K-12 educators, professionals, paraprofessionals, service personnel and others who serve in the education community.West Virginia is a national leader in developing a framework for AI and digital science education. We are determined to elevate our model because it prepares students and educators for the future. Our partners at Prodigy Learning and Microsoft understand this commitment and believe, as do we, that our work has national implications for accessibility and scalability because we are building systems that address learning at all levels that lead to post-graduation success.Michele L. Blatt, State Superintendent of SchoolsAs part of the partnership, Prodigy Learning is providing West Virginia educators, at no additional cost, their in-person and virtual training on all products and the materials required for license renewal.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Hearing to Improve Medicare Payment Policies for Seniors
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
House Panel Weighs Energy Costs as Small Business Demand Grows
House subcommittee hearing reveals energy policy clash over small business costs. Experts debate resource needs and opportunities. Read the latest.
Health Subcommittee Examines Prescription Drug Supply Chain to Lower Costs for American Patients
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Firefighters’ deaths prompt debate over 100% suppression wildfire strategy
On July 22, 2026, the chief of the U.S. Forest Service testified before a House Agriculture subcommittee that his agency pursues a “full suppression” strategy to contain all fires while they are still small, rather than allowing them to burn for ecological benefits. The testimony from Tom Schultz, the fire chief, came just two days […]
Iowa Senate subcommittee strikes down bill targeting DEI at private colleges
DES MOINES — An Iowa Senate subcommittee on Monday struck down a bill that would restrict private and community colleges’ offices and programs that deal with initiatives regarding diversity, equity
Rep. Morelle to meet with House subcommittee on Lake Ontario water levels
The International Joint Commission says lake levels hit 247 feet last week.
Anna Grassellino appointed to DOE Office of Science Advisory Committee
Anna Grassellino of Fermilab will serve on SCAC and chair the quantum subcommittee, tasked with advancing national quantum goals.
Congressional Report on Potential TBIs, Mental Health Risks in Naval Aviation
The following is “Unseen Impacts: An Investigation into the Navy’s Response to Potential Traumatic Brain Injury and Mental Health Risks in Naval Aviation” published on Sept. 8, 2026, by the House Committee on Oversight and Government Reform Subcommittee on Military and Foreign Affairs. From the Report Executive Summary Following reporting by The New York Times about an epidemic of potential brain injuries in naval aviators contributing to suicide, the House Committee on Oversight and Government Reform launched an investigation to assess the Navy’s knowledge of and actions taken regarding this issue. The findings reveal a disconnect between growing concern and
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Legislative Hearing on Policies Protecting Communities from Emerging Illicit Drug Threats
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Health Subcommittee Markup of 15 Bills Addressing Illicit Drugs and Health Care Price Transparency
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
Senate subcommittee obtains Fauci’s phone ahead of contempt vote
A Senate subcommittee investigating Dr. Anthony Fauci has obtained a copy of his iPhone, a spokesperson for the panel’s chair, GOP Sen. Ron Johnson, told CNN on Wednesday.
U.S. Rep. Steil advocates for crypto while industry backs his campaign
Wisconsin Congressman Bryan Steil has benefited from campaign contributions from the crypto industry as chairman of the subcommittee on digital assets.
Health Subcommittee Scrutinizes Patient Affordability, Competition, and Access Across the U.S. Provider Landscape
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
http://democrats-energycommerce.house.gov/media/press-releases/pallone-opening-remarks-health-subcommittee-markup-15-bills
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) delivered the following opening remarks today at a Health Subcommittee markup of 15 bills:
Examining the Sports Broadcast Act: Rep. Fitzgerald on backlash against NFL's TV deals
House Judiciary Subcommittee on Administrative State, Regulatory Reform and Antitrust chairman Rep. Scott Fitzgerald (R-Wis.) joins 'Squawk Box' to discuss details of the hearing today examining a special exemption provided to the NFL from the Sports Broadcasting Act of 1961.
Chairman Griffith Delivers Opening Statement at Subcommittee on Health Legislative Hearing Discussing Solutions to Improve Public Health of Americans
The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.
House Subcommittee on Health Examines Healthcare Cybersecurity Proposals
On September 15, 2026, the United States House Energy and Commerce Committee Subcommittee on Health held a legislative hearing on proposals to improve On September 15, 2026, the United States House Energy and Commerce Committee Subcommittee on Health held a legislative hearing, which in part, considered proposed reforms to improve healthcare cybersecurity.
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. 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Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.