A new report by the Government Accountability Office examines the “illicit financial flows” supporting the Venezuelan government and U.S. efforts to disrupt those transactions, including through sanctions. Although U.S. agencies have “provided assistance to partner countries in the region to build their capacity to disrupt criminal activity” involving Venezuela, Treasury Department officials told the GAO that “the volume of illicit financial flows is overwhelming for many partners in the region.”
FCC nominee Anna Gomez likely faces a relatively easy road to confirmation after avoiding any real trouble during her Senate Commerce Committee confirmation hearing last week (see 2306220067), industry officials and others told us. Gomez was careful throughout the panel, never committing outright to voting for reclassification of broadband as a Communications Act Title II service, while also stressing the importance of FCC oversight. Some observers questioned whether the Senate would be able to confirm any Democrat to the fifth FCC seat if the Gomez nomination fails.
The leaders of the House Foreign Affairs Subcommittee on the Indo-Pacific are trying to pass legislation to give the president the ability to respond to economic coercion of allies, but Chair Young Kim, R-Calif., asked witnesses at a subcommittee hearing she convened to advise what else could be done to stand up to China's economic aggression.
U.S. Trade Representative Katherine Tai said that after her first visit to Brazil, she was struck by "a lot of synergies between the United States and Brazil." She said it also got her "thinking about ourselves as the product of an earlier version of globalization -- the colonial/imperial project."
Some U.S. states were willing to pay Volkswagen more than Canada was for a new Volkswagen electric vehicle factory, Canadian Prime Minister Justin Trudeau said during a speech at the Council on Foreign Relations in New York. But, Trudeau said, when Canada matched the national incentives offered by the Inflation Reduction Act, Ontario's other advantages were enough to land the major economic development win.
The White House withdrew Gigi Sohn’s FCC nomination from Senate consideration Tuesday at her request, ending what had become an often fractious year-plus confirmation process that involved President Joe Biden naming her three times (see 2301030026). Sohn’s announcement followed shortly after Sen. Joe Manchin of West Virginia announced he'd be the first Senate Democrat to formally oppose her confirmation, but the former nominee and her supporters confirmed she reached her decision Monday. Sohn’s supporters grieved her withdrawal and strongly criticized her opponents inside and outside the communications sector for engaging in an unprecedented campaign of character assassination.
Alondra Nelson, a former top tech adviser to President Joe Biden, said Thursday she expects continuing administration focus on tech regulation, though she warned that focusing on keeping up with the pace of change is a mistake. Other speakers at an event by the Center for American Progress (CAP) and Public Knowledge said the time is ripe to start looking at a new agency to oversee privacy and other technology issues. Former FCC Chairman Tom Wheeler warned that the U.S. in danger of defaulting on leadership in favor of other countries.
The House Commerce Committee will rework privacy legislation it passed in 2022 in hopes of strengthening the bill and reaching broader consensus on a comprehensive federal privacy law, Democratic and Republican leadership said Wednesday during a House Innovation Subcommittee hearing.
The U.S. should take more steps to counter corruption and sanctions evasion efforts by Russian kleptocrats, including through a new multilateral anti-corruption council, Sen. Sheldon Whitehouse, D-R.I., said this week. While he applauded recent funding passed by Congress to provide more resources for government enforcement efforts, he said lawmakers have more work to do to close sanctions loopholes.
Ambassador Maria Pagan, who leads the U.S. delegation at the World Trade Organization, defended the U.S. during the two-day session in Geneva that began Dec. 14. All countries in the WTO must answer questions about their policies every few years.