PBGC News and Updates
Iran reviews U.S. reply on Hormuz reopening as shipping talks remain stalled
Iran is reviewing Washington's response to its proposal to reopen the Strait of Hormuz and says it will answer through intermediaries once that process is complete. The exchange keeps focus on a ...
U.S. reverses stance on UK AI model testing access
Britain's AI safety regime is gaining more room to work with American developers as governments weigh how to oversee increasingly powerful artificial intelligence systems. The shift allows U.S. ...
U.S. bond market reverts to more normal rate balance
After an extended period of exceptionally low borrowing costs, U.S. bond markets are returning to a more typical interest-rate structure. The shift eases pressure on retirees living on fixed ...
Soros political network channels $102 million into Democrats ahead of midterms
With the midterm campaign entering a more competitive phase, George Soros's political network is deploying another nine-figure sum to support Democratic candidates and allied groups. The new ...
Bill Gates backs robot tax tied to U.S. payroll levies
As companies weigh faster adoption of artificial intelligence and automation, Bill Gates is renewing his call to tax robots that replace human work. He says applying the same FICA tax to automated ...
OCC allocates $500 million to CDFIs under financial inclusion program
The Office of the Comptroller of the Currency is expanding a federal effort to channel more capital into underserved communities through a new round of support for community lenders. The $500 ...
Florida smuggling case yields conviction in $20 million money laundering conspiracy
Federal prosecutors in Florida have secured a jury conviction in a cross-border smuggling case involving fraudulent travel documents, flight purchases and alleged laundering of millions of ...
Ways and Means Republicans seek IRS review of MECA tax-exempt status
Congressional Republicans are escalating scrutiny of foreign-linked funding in the U.S. nonprofit sector by asking the Internal Revenue Service to investigate the Middle East Children’s ...
U.S. prediction markets expand stock-linked bets, drawing regulatory scrutiny
As prediction markets push deeper into Wall Street-style products, platforms are offering new ways for traders to wager on companies such as Tesla, Apple and Nvidia. The expansion is raising ...
VanEck sees bitcoin hitting key level as fiscal strains support crypto demand
Institutional demand for bitcoin is building as investors weigh persistent fiscal pressure and shifting liquidity conditions in the U.S. market. VanEck says those forces could help the ...
PBGC launches pension coverage assessment tool for prospective plan sponsors
The Pension Benefit Guaranty Corporation is expanding its compliance support for employers considering new defined benefit pension plans. The new Coverage Assessment Program lets potential ...
U.S. stocks outlook tracks earnings, oil retreat and OpenAI Washington meetings
Investors enter Tuesday's session balancing a heavy earnings calendar with renewed pressure on technology shares and a pullback in oil prices. Premarket trading points to weakness in the ...
U.S. tech companies urge policymakers to avoid curbs on open-weight AI models
A growing debate over access to artificial intelligence models intensifies as Chinese open-weight offerings gain traction against leading American systems. The intervention from major U.S. ...
Tennessee names Interstate 40 bridge after Trump at state ceremony
Tennessee officials and members of the Trump family gather at Douglas Lake for the official unveiling of a newly named Interstate 40 bridge honoring President Donald Trump. The ceremony links the ...
Trump-aligned Freedom 250 draws sponsors with federal business interests
As Washington stages some of the most visible events tied to the U.S. 250th birthday, corporate sponsorship is helping shape the public celebration on the National Mall. The backing includes ...
U.S. permit delays put $121 billion renewable pipeline at risk
Rising electricity demand tied to data centers and artificial intelligence is increasing pressure on the U.S. to add new power capacity. Delays in federal permitting are now threatening more than ...
Phoenix Tailings secures conditional Pentagon loan commitment for U.S. rare earth plant
Phoenix Tailings is advancing a larger domestic rare earth supply chain push with a planned midstream processing facility in the U.S. The project is designed to support both military and ...
PBGC assumes three First Brands pension plans, keeps full benefits for 1,630 retirees
Following First Brands' bankruptcy proceedings, the Pension Benefit Guaranty Corporation takes over three terminated pension plans tied to the company's affiliates. The federal agency says current ...
U.S. Department of Veterans Affairs launches partial claim program for at-risk home loans
The U.S. Department of Veterans Affairs is introducing a new mortgage relief tool aimed at helping Veterans who are struggling financially remain in their homes. The program follows legislation ...
U.S. Treasury sanctions FDLR and M23 commanders over DRC conflict
Washington is tightening financial pressure on armed actors in eastern Democratic Republic of the Congo as violence, displacement and supply chain concerns continue to unsettle the region. The new ...
U.S. sanctions target Iran-linked procurement network tied to technology fraud
Washington is expanding pressure on Iran by targeting a network accused of deceiving American companies to obtain sensitive equipment for military use. The action focuses on people and entities ...
