U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) introduced a resolution honoring the fourth anniversary of the terrorist attack at Naval Air Station (NAS) Pensacola. “Four years ago, three of our brave service members tragically lost their lives in a senseless...
U.S. Senator Marco Rubio (R-FL) joined The Business Briefing to discuss his call for President Biden to ban U.S.-China travel, the Putting American Autoworkers First Act, Florida’s economic growth, and more. See below for highlights and listen to the full interview...
The Biden Administration set a November 30, 2023 deadline for Venezuela’s criminal Maduro narco-regime to release U.S. hostages and enable opposition leader María Corina Machado, who had a landslide victory in October’s primary elections, to run against Maduro in the...
Last month, American autoworkers secured big wins through negotiations with the “Big Three” automakers. Automakers have historically threatened to offshore manufacturing jobs and production to cut costs, even while they receive generous benefits from the American tax...
U.S. Senator Marco Rubio’s (R-FL) office will host Mobile Office Hours this week to assist constituents who were affected by Hurricane Idalia. These office hours offer constituents who do not live close to one of Senator Rubio’s eight regional offices a more...
Contemporary Amperex Technology Co. Ltd. (CATL), a company directly funded and supported by the Chinese Communist Party, continues to pose national security risks to the United States. This past spring, CATL batteries were installed at Camp Lejeune, North...
For decades, the United States has enjoyed the strongest and most innovative economy in the world. However, America’s industrial base continues to dwindle, exposing major vulnerabilities to our economic resilience and national security.
U.S. Senator Marco Rubio (R-FL) and U.S. Representative Ro Khanna (D-CA) introduced the National Development Strategy and Coordination Act to rebuild critical industries in the United States by increasing strategic coordination amongst federal finance programs.
Background. The bill would authorize $20 billion over 10 years to “supercharge” loans made by other federal financing facilities. The funding, controlled by the Department of Treasury’s Federal Financing Bank, would be directed by a new executive committee of cabinet-level agency heads, including the Secretaries of Treasury, Defense, Commerce, and the Administrator of the Small Business Administration, among others.
This committee would be charged with developing a National Development Strategy every four years. To execute that plan, it would further be authorized to direct agencies with existing direct loan and loan guarantee programs to set priorities for those programs consistent with the National Development Strategy.
Want more information? Click here for a one-pager on the bill and here for the full bill text.