Biden Bans Scores of Natural Gas Water Heaters, Driving Up Prices With Lame-Duck Regulations

Last-minute Biden regulations expected to cost consumers $450 more, one analysis shows Energy Secretary Jennifer Granholm and President Joe Biden (Getty Images) The Biden administration finalized climate regulations to ban most natural gas-powered instantaneous water heaters—a move that critics say will drive up costs for consumers. The Department of Energy—which formally published the rules the day after

Republican Lawmakers Seek Answers From Yellen Over Chinese Hacking of US Treasury

The breach ‘raises serious questions about the protocols for safeguarding sensitive federal government information,’ the lawmakers stated. Two top Republican lawmakers are seeking answers from Treasury Secretary Janet Yellen after a recent disclosure that China’s state-sponsored hackers breached her department. “This breach of federal government information is extremely concerning,” wrote Sen. Tim Scott (R-S.C.), ranking

President Biden, First Lady to Travel to New Orleans on Jan. 6 in Wake of Attack

‘Our hearts are with the people in New Orleans after the despicable attack that occurred in the early morning hours,’ President Joe Biden said on Thursday. President Joe Biden and First Lady Jill Biden will travel to New Orleans on Jan. 6 to mourn with families and community members following the New Year’s Day attack

Trump Names New Ambassadors, Treasury Department Nominees

President-elect Donald Trump tapped Daniel Katz to be chief of staff at the Treasury. President-elect Donald Trump has announced several new nominees for his incoming administration, including ambassadors to two European countries and officials who will work alongside his November pick for Treasury secretary. Trump nominated billionaire Wall Street financier Scott Bessent as his Treasury