The Federal Aviation Administration (FAA) announced that operations had returned to normal on Thursday, a day after its national pilot-alert system shut down and the agency grounded all domestic flights for nearly two hours.
Republicans in the House of Representatives, including Speaker Kevin McCarthy of California, have vowed to provide tough oversight of the Biden administration’s energy and environmental policies. This will include hearings grilling agency officials and other scrutiny that could complicate rulemaking.
President Joe Biden served as vice president during the crucial years when China seized the lead in solar manufacturing. Now, he views China as a competitor more than a supplier, and he has made bringing clean tech manufacturing back to the US a pillar of his climate policies.
The latest government jobs data shows that the US labor market is still strong, with an unemployment rate of just 3.5%.
A new analysis has revealed the extent to which the surge in trading of US Treasuries last month was unusual.