House Passes Debt Limit Suspension, Sets Up Standoff in Senate
The Democratic-controlled House passed a bill that would suspend the U.S. debt ceiling into December 2022 and provide the government funding to operate past Sept. 30. Republicans have vowed to block it when it reaches the Senate over the debt limit provision.
September 21, 2021House Democrats Risk Rift by Teeing Up Infrastructure Vote First
House Democratic leaders plan a Sept. 27 vote on the Senate-passed infrastructure bill, a move that risks deepening divisions in their caucus and dooming President Joe Biden’s economic agenda.
September 21, 2021August Truck Tonnage Posts First Monthly Gain Since March
Truck tonnage in August notched its first sequential monthly gain in five months, and dipped just slightly on a year-over-year basis, American Trucking Associations said.
September 21, 2021OPEC+ Can Proceed With Reviving Supply, Key Members Say
OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.
September 21, 2021USDOT Announces Aid for California Highway Project, INFRA Support
A key corridor in Orange County, Calif., is the recent recipient of additional federal funding assistance to expand highway access in the region, the U.S. Department of Transportation announced recently.
September 20, 2021Diesel Rises 1.3¢ to $3.385 a Gallon
The national average price of diesel increased 1.3 cents to $3.385 a gallon one week after remaining virtually unchanged, according to Energy Information Administration data released Sept. 20.
September 20, 2021Democrats Dare GOP, Link Debt Limit to Vital Spending Bill
House Democrats will include a suspension of the U.S. debt ceiling in a spending bill needed to keep the government open past the end of this month, a risky move backed by President Joe Biden that assures a potentially damaging showdown with Republicans.
September 20, 2021FMCSA Nominee Testifies Before US Senate Panel Sept. 22
When Meera Joshi testifies before the Senate committee on freight affairs this week, she will have the opportunity to explain her qualifications to fill the role of administrator at the Federal Motor Carrier Safety Administration. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
September 20, 2021Fed Likely to Signal a Coming Pullback in Economic Support
WASHINGTON — The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, a first step toward unwinding the extraordinary support it has given the economy since the pandemic struck 18 months ago.
September 20, 2021NTSB to Investigate Tesla Crash in Florida That Left Two Dead
CORAL GABLES, Fla. — Federal officials said Sept. 17 they will investigate a fiery Tesla crash that left two people dead in South Florida.
September 20, 2021