Janet Yellen, U.S. President-elect Joe Biden's nominee for Treasury Secretary, urged lawmakers on Tuesday to "act big" on the next coronavirus relief package, adding that the benefits outweigh the costs of a higher debt burden.
China-Based Hackers , Hit With Sanctions and Indictments , Over Cyber Attacks.
ABC reports that the United States has
sanctioned hackers based in China over
alleged attacks on critical U.S. infrastructure.
According to the U.S. Treasury Department,
a state-sponsored front company has provided
cover for multiple cyber attacks on U.S. infrastructure. .
Sanctions by the U.S. and the United Kingdom have
targeted representatives of Wuhan Xiaoruizhi
Science and Technology Company Ltd. (Wuhan XRZ).
The U.S. Treasury Department alleges
that Wuhan XRZ acts as a China-based
Ministry of State Security (MSS) front company. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
The Justice Department will not
tolerate efforts by the Chinese
government to intimidate Americans
who serve the public, silence the
dissidents who are protected
by American laws, or steal
from American businesses, Merrick Garland, Attorney General statement, via ABC.
This case serves as a reminder
of the ends to which the Chinese
government is willing to go to
target and intimidate its critics,
including launching malicious cyber
operations aimed at threatening
the national security of the
United States and our allies, Merrick Garland, Attorney General statement, via ABC.
ABC reports that court documents show
that the hackers targeted politicians and
other prominent officials with "tracking links.".
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC.
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China dominated by contentious issues and warnings from his hosts of another “downward spiral” in relations. The two met Friday afternoon local time at the Great Hall of the People, an ornate and cavernous building next to Tiananmen Square. Blinken told Xi that President Joe Biden had sent him to China to “seek to deepen areas of cooperation as well as to responsibly manage the differences that we have.” Xi noted that this year is the 45th anniversary of the establishment of diplomatic relations between the United States and China, and said the two countries “should be partners rather than adversaries.”
#BlinkenXiMeeting #ChinaUSRelations #DiplomaticTalks #GlobalIssues #BilateralRelations #ForeignPolicy #Diplomacy #InternationalRelations #USChinaDialogue #XiJinpingMeeting
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Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs.
#JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia
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President Joe Biden and Treasury Secretary Janet Yellen said on Friday that Congress needs to take immediate action on his $1.9 trillion COVID-19 relief proposal, adding that most economists believe..
Janet Yellen was sworn in as the first woman to lead the U.S. Treasury on Tuesday, setting her quickly to work with Congress on coronavirus relief, reviewing U.S. sanctions policy and strengthening..
The Senate Finance Committee unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for..
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