The Biden administration struck an $8.5 billion deal with Intel to build chip plants in Ohio, New Mexico, Arizona, and Oregon, aiming to boost domestic manufacturing and national security. The Federal Reserve kept benchmark interest rates steady despite inflation concerns, with Chair Jerome Powell emphasizing caution. An EPA plan with the Biden administration aims to make over half of all vehicles sold electric by 2032, imposing fines on gas vehicles to push the transition. The 5th U.S. Circuit Court of Appeals doubts Texas' immigration law aligns with federal jurisdiction. In Ohio, Bernie Moreno, backed by Trump, won the Republican primary, illustrating Trump's ongoing influence. Alabama's Governor Kay Ivey signed a law banning DEI programs, raising concerns about discussions on race and transgender rights. Lastly, Shohei Ohtani's interpreter, Ippei Mizuhara, was fired by the Dodgers over alleged illegal gambling and theft, now under investigation.
The Bulletin Brief:
