Tag Archives: economy

Biden Administration Seeks to Invest in Infrastructure Upgrades, Revitalize Manufacturing Under $2T American Jobs Plan

White House

The Biden administration has unveiled a plan to invest $2 trillion in infrastructure projects and job creation initiatives as part of efforts to rebuild the U.S. economy and compete with China. The administration also proposed the Made in America Tax Plan that seeks to implement corporate tax changes to raise money and help pay for investments stipulated in the American Jobs Plan. 

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Dr. Mark Esper Joins McCain Institute as John S. McCain Distinguished Fellow

Dr. Mark Esper

The McCain Institute for International Leadership at Arizona State University has named Dr. Mark Esper, former Secretary of Defense and three-time Wash100 Award recipient, as its inaugural John S. McCain Distinguished Fellow to lead a bipartisan team to assess, discuss and promote policy solutions to the challenges facing U.S. national security decision-makers in the Executive Branch and Congress.

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Ankura Names Ken Serwin as Senior Managing Director

Ankura

Ankura has appointed Kenneth “Ken” Serwin, Ph.D, as senior managing director, where he will be based in San Francisco, Calif. As part of Ankura’s executive leadership team, Serwin will strengthen the company’s intellectual property and antitrust expertise. "Ken brings a wealth of knowledge in intellectual property, antitrust and class action disputes," said Mary Beth Edwards, leader of Disputes & Economics at Ankura. 

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Janet Yellen Confirmed as Treasury Secretary

Janet Yellen

The Senate voted 84-15 Monday to confirm Janet Yellen, former chair of the Federal Reserve, as secretary of the Department of the Treasury (USDT). Yellen’s confirmation made her the first woman to hold the top post at the Treasury. She is a labor economist who also served as vice chair of the Federal Reserve and chair of the Council of Economic Advisers during the Clinton administration. 

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Jacobs to Support Municipal Services Contract for Development Project; Ken Gilmartin Quoted

Jacobs

Honduras Próspera has selected Jacobs to assist in community planning services that will advance economic development and create new jobs. Jacobs will advise the development group's leaders and planners as they establish zoning, finalize plans for utility systems, roads and rights-of-way and structure administration and services. “This project will benefit the community for many years to come,” said Jacobs EVP for People & Places Solutions Ken Gilmartin.

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Microsoft Launches New Technology Initiative to Support Economic Recovery; Satya Nadella, Brad Smith Quoted

Microsoft

Microsoft Corp. has launched its global skills initiative to add more digital skills to 25 million people worldwide by the end of the year  in response to the global economic crisis caused by the COVID-19 pandemic, the company announced on Tuesday.

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Census Bureau Wants ‘Economic Indicator’ Designation for Business Formation Statistics

The Census Bureau is seeking “economic indicator” status from the Office of Management and Budget for one of its experimental data products created using new data methods and sources to address gaps in the agency’s understanding of the U.S. economy, FedScoop reported Thursday.

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Kevin McAleenan, Former DHS Secretary, Named as AE Industrial Operating Partner; David Rowe Quoted

AE Industrial Partners has appointed Kevin McAleenan, former acting Department of Homeland Security (DHS) secretary and 2019 Wash100 Award recipient, as an Operating Partner, effective immediately, to grow the company’s portfolio, AEI reported on Tuesday. He will also join the board of directors at AEI portfolio companies, Gryphon Technologies and American Pacific Corporation.

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Hughes Announces TELECOMM Partnership to Power Community Wi-Fi Hotspots in Mexican Villages; Ramesh Ramaswamy, Sergio Viñals Padilla Quoted

Hughes Network Systems has collaborated with Telecomunicaciones de México (TELECOMM) to install Hughes Express Wi-Fi hotspots, powered by Facebook Connectivity's Express Wi-Fi platform, in as many as 4,000 rural communities in Mexico, the company announced on Friday

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NCSC Issues New Strategy to Counter Foreign Intelligence Threats; Bill Evanina Quoted

The National Counterintelligence and Security Center introduced a new strategy that sets five strategic objectives to address foreign intelligence threats. The 2020-2022 National Counterintelligence Strategy seeks to safeguard the country’s critical infrastructure from foreign intelligence entities; reduce threats to U.S. supply chains; counter the exploitation of the U.S. economy; defend U.S. democracy against foreign influence threats; and counter foreign intelligence technical and cyber operations, NCSC said Monday.

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