San Francisco, CA…Well, thanks for joining me today, everyone. I appreciate it very much. And especially thanks to my buddy Governor Newsom, who is one of the best governors I’ve ever worked with, and Arati, the — my director of my Office of Science and Technology and Policy. And earlier this year, we met with […]
Washington, DC…Before I begin, I want to thank everyone involved in reaching a tentative agreement at our ports on the West Coast. This deal shows collective bargaining works. When employers and workers come together to agree on a deal that works for both of them, it’s good for the economy and keeping our supply chain […]
Washington, DC…Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, […]
New York, Riyadh & Ponte Vedra Beach, FL…The PGA TOUR, DP World Tour and the Public Investment Fund (PIF) today announced a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses […]
Atlanta, GA…It’s not just high taxes that are driving people out of cities. There are other costs—moral, social, and cultural—associated with spurning property rights and celebrating looting. Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel—his gigantic hedge fund—from Chicago to Miami. The Windy City was out of control, he told Bloomberg, […]
Washington, DC…Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. […]
Sacramento, CA…The U.S. Court of Appeals for the Ninth Circuit ruled unanimously that the City of Berkeley’s ban on natural gas in buildings violates federal law, specifically the Energy Policy and Conservation Act. The City of Berkeley cannot bypass federal preemption by banning the pipes instead of natural gas products themselves, according to the panel. […]
Sacramento, CA…Surrounded by legislators and community leaders in the rotunda of the California State Capitol, Governor Gavin Newsom signed legislation to implement the strongest state-level oversight and accountability measures on Big Oil in the nation – bringing transparency to California’s oil and gas industry, shining new light on the corporations that have for decades operated […]
Sacramento, CA…As California continues to deploy personnel and resources to protect communities and support recovery efforts amid ongoing severe storms, Governor Gavin Newsom today requested a Presidential Major Disaster Declaration to bolster the emergency response and recovery in the counties of Calaveras, Kern, Los Angeles, Mariposa, Monterey, San Benito, Santa Cruz, Tulare, and Tuolumne. To […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, after increasing 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.0 percent before seasonal adjustment. The index for shelter was the […]
