THENATIONALPULSE (Pulse Wires) - IG Report: Biden Broke Rules to Award Lucrative Contract to Former Staffer’s Nonprofit.
PULSE POINTSWHAT HAPPENED: A new inspector general’s report accuses the former Biden government of bypassing federal procurement rules in awarding a $529 million no-bid contract to Family Endeavors Inc.—after it had hired a former Biden staffer—in 2021.WHO WAS INVOLVED: The Administration of Children and Families (ACF), Family Endeavors Inc., and Andrew Lorenzen-Strait, a former Biden […] The post IG Report: Biden Broke Rules to Award Lucrative Contract to Former Staffer’s Nonprofit. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: A new inspector general’s report accuses the former Biden government of bypassing federal procurement rules in awarding a $529 million no-bid contract to Family Endeavors Inc.—after it had hired a former Biden staffer—in 2021. WHO WAS INVOLVED: The Administration of Children and Families (ACF), Family Endeavors Inc., and Andrew Lorenzen-Strait, a former Biden transition team advisor. WHEN & WHERE: March 2021, Pecos, Texas, for the establishment of an emergency intake site for unaccompanied minors . KEY QUOTE: “ACF failed to reasonably conduct the necessary advanced planning to execute a contract for procurement of those beds and related services using full and open competition.” – Inspector…Open
AXIOS (Neil Irwin) - The office job decline may solve a mystery of the 2020s economy
Data: Bureau of Labor Statistics; Note: "White-collar core" includes finance, insurance, information, and professional and business services; Chart: Axios Visuals Usually, when the economy grows, so does employment in the kinds of office jobs that form the backbone of modern corporate life. It hasn't been true lately, and that may solve a key mystery of the 2020s' economy. The big picture: While overall employment trends have been steady, companies have successfully squeezed more out of a falling number of workers in the sectors that are the major sources of white-collar office jobs. - These sectors — finance, insurance, information, and professional and business services — normally add jobs steadily outside of recessions. In the last…
Data: Bureau of Labor Statistics; Note: "White-collar core" includes finance, insurance, information, and professional and business services; Chart: Axios Visuals Usually, when the economy grows, so does employment in the kinds of office jobs that form the backbone of modern corporate life. It hasn't been true lately, and that may solve a key mystery of the 2020s' economy. The big picture: While overall employment trends have been steady, companies have successfully squeezed more out of a falling number of workers in the sectors that are the major sources of white-collar office jobs. - These sectors — finance, insurance, information, and professional and business services — normally add jobs steadily outside of recessions. In the last…Open
WAR (David Vergun) - Senior Enlisted Advisor to Chairman Testifies on Quality of Life
Warfighters are the foundation of War Department lethality, said Senior Enlisted Advisor to the Chairman David L. Isom, who testified before the Senate Armed Services Committee's personnel subcommittee on service member and family quality of life.
NYTIMES (Billy Witz) - Youngstown, Ohio, Has Been Freezing Because of a Broken Utility
An insolvent, broken utility left downtown buildings in Youngstown freezing in recent weeks. Gov. Mike DeWine has attributed the problems to an archaic system.
NYTIMES (Theodore Schleifer and Shane Goldmacher) - Crypto Super PAC Targets Al Green, a Texas Democrat Who Voiced Concerns
A crypto-backed super PAC plans to spend $1.5 million against Mr. Green, a member of the House Financial Services Committee who has expressed concerns about cryptocurrency.
NYTIMES (Ellen Gabler) - Senate Questions Health Care Firm for Profiting Off Program Meant for Poor
The program was meant to help hospitals provide for poor patients by offering drug savings. But critics say a Texas company has turned it into a big business, driving up costs for patients and insurers.
NYTIMES (Ana Swanson and Sydney Ember) - Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
NYTIMES (Patricia Cohen and Adam Satariano) - Trump’s Disdain for Borders Is Triggering Alarms Over Financial and Tech Sovereignty
European leaders have been compelled to address the possibility of once-remote risks to the financial networks and technology that undergird their economies.