Joe Biden News Updates

GovernmentBusiness

Biden Signs Massive Climate and Health Care Legislation

WASHINGTON — President Joe Biden signed Democrats’ landmark climate change and health care bill into law Aug. 16, delivering what he has called the “final piece†of his pared-down domestic agenda.

August 16, 2022
GovernmentBusinessTechnology

Biden Signs $280 Billion CHIPS Act in Bid to Boost US Over China

President Joe Biden enacted into law legislation designed to enhance domestic semiconductor manufacturing and alleviate supply chain bottlenecks.

August 9, 2022
GovernmentBusinessLogistics

Biden Blocks Freight Rail Strike, Appoints Arbitrators

OMAHA, Neb. — President Joe Biden on July 15 blocked a freight railroad strike that would disrupt shipments of all kinds of goods for at least 60 days by naming a board of arbitrators to intervene in the contract dispute.

July 15, 2022
GovernmentBusinessFuel

Gas Tax Holiday Would Increase Prices, Hess CEO Says

President Joe Biden’s plan to suspend the federal gasoline tax would only make things worse for U.S. drivers, one industry CEO said ahead of a meeting in Washington between oil executives and administration officials.

June 23, 2022
GovernmentBusinessFuel

Biden Says Decision on Gas Tax Holiday May Come This Week

REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.

June 20, 2022
GovernmentBusinessFuel

Biden Tells US Oil Refiners Record Profits ‘Not Acceptable’

President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action†to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.

June 15, 2022
GovernmentBusinessEquipmentFuel

Biden Will Allow Sale of Higher-Ethanol Gas in Bid to Tame Costs

President Joe Biden plans to allow expanded sales of higher-ethanol gasoline in an effort to lower fuel prices and counter the political blowback from them.

April 12, 2022
GovernmentBusiness

At White House, Biden Touts Trucking’s Workforce Program

WASHINGTON — Standing alongside three Class 8 trucks parked outside the White House, President Joe Biden described a federal apprenticeship program designed to accelerate commercial driver license training as a “key ingredient†to boosting recruitment efforts in trucking.

April 4, 2022
GovernmentBusiness

Biden Pitches $5.8 Trillion Plan With Record Tax Hike

President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midterm elections.

March 28, 2022
GovernmentBusinessFuel

Biden’s Oil Demands Collide With Drillers Reining In Output

The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs.

March 11, 2022