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☆ 10 states with the biggest Biden infrastructure funding include key battlegrounds
▼ + stars: | 2024-05-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden delivers remarks as part of his Investing in America agenda, during a visit to Gateway Technical College in Sturtevant, Wisconsin, U.S., May 8, 2024. Kevin Lamarque | ReutersThe Biden administration has announced $537 billion in infrastructure investments since the passage of landmark government funding bills, such as the Bipartisan Infrastructure Law, CHIPS Act and the Inflation Reduction Act. New state-by-state White House data released Monday offers a holistic portrait of how President Joe Biden has so far doled out that funding across the country. Several of the biggest awards went to battleground states that will be pivotal to the 2024 presidential election. US President Joe Biden visits the John A. Blatnik Memorial Bridge in Superior, Wisconsin, on January 25, 2024.

Persons: Joe Biden, Kevin Lamarque, Biden, Natalie Quillian, Mandel Ngan, Donald Trump, John A, Saul Loeb Organizations: Gateway Technical College, Reuters, Infrastructure Law, White, House, AFP, Getty Images, Trump, Commerce Department, Treasury Department, Federal Communications Commission, Law, Getty Locations: Sturtevant , Wisconsin, U.S, California, Texas, York, Florida, Pennsylvania, Illinois, Arizona, Maryland, Ohio, Michigan, Fern, Pittsburgh , Pennsylvania, Getty Images Pennsylvania, . Georgia, Superior , Wisconsin

☆ New Biden tariffs on China's EVs, solar, medical supplies reportedly due Tuesday
▼ + stars: | 2024-05-11 | by ( ) www.cnbc.com time to read: +1 min

But it will also add new tariffs to semiconductors and solar equipment, according to one of the people, as well as hiking EV tariffs. Chinese-made medical supplies like syringes and personal protective equipment also face additional tariffs, sources told Reuters. The long-awaited tariff update comes after a number of lawmakers have called for massive hikes on Chinese vehicle tariffs. Tariffs on Chinese EVs will roughly quadruple under the new Biden plan, the Wall Street Journal reported, citing people familiar with the matter. Senate Banking Committee Chairman Sherrod Brown wants the Biden administration to ban Chinese EVs outright, over concerns they pose risks to Americans' personal data.

Persons: Joe Biden, Donald Trump, Biden, Sherrod Brown Organizations: Gateway Technical College, Reuters, Wall Street Journal, U.S . Trade Locations: Sturtevant , Wisconsin, U.S, China

☆ House committee asks Microsoft's Brad Smith to attend hearing on security lapses
▼ + stars: | 2024-05-10 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. A House committee wants Microsoft 's top lawyer, Brad Smith, to attend a hearing this month on exploits of the company's software that resulted in hackers obtaining U.S. government officials' emails. A proposed hearing before the House Committee on Homeland Security, at 10 a.m. But Smith might not necessarily show up at the time the committee asked about in a letter it sent him on Thursday. Committee chairman Mark Green, R-Tenn., and Bennie Thompson, D-Miss., said in their letter inviting Smith to the hearing that they were encouraged by the company's plans to overhaul its security practices.

Persons: Brad Smith, Gina Raimondo, Don Bacon, Nicholas Burns, Smith, We're, Satya Nadella, Charlie Bell, Mark Green, Bennie Thompson, Green, Thompson, Chris Krebs Organizations: Microsoft, Gateway Technical College, Homeland Security, Rep, CNBC Locations: Sturtevant , Wisconsin, Washington, U.S, China

☆ Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: +2 min

President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. Microsoft's plans will result in 2,300 union construction jobs and some 2,000 permanent jobs over time, the White House said. It said nearly 4,000 jobs had been added in Racine since Biden took office, while about 1,000 manufacturing jobs were lost during the Trump administration. Biden is seeking to shore up support among Black voters ahead of the November presidential election, with national polls showing him essentially tied with Republican Trump. The Biden campaign on Wednesday announced the launch of a $14 million ad campaign, which will include a seven-figure investment targeting Black, Latino and Asian voters.

Persons: Joe Biden, Foxconn, Donald Trump, Microsoft's, Biden, Trump, — Organizations: Microsoft Corp, Microsoft, Gateway Technical College, Democrat, Black, Republican Trump, Wednesday Locations: Wisconsin, Racine County, Taiwan, Racine, Racine's Black

☆ Biden says U.S. won’t supply weapons for Israel to attack Rafah, in warning to ally
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: +10 min

Biden has said that Israel needs to do far more to protect the lives of civilians in Gaza. "We're going to continue to do what's necessary to ensure that Israel has the means to defend itself," Austin said. "But that said, we are currently reviewing some near-term security assistance shipments in the context of unfolding events in Rafah." A decision against Israel would further add to pressure on Biden to curb the flow of weapons and money to Israel's military. "Over the years, the United States has provided tens of billions of dollars in military aid to Israel.

Persons: Joe Biden, Kevin Lamarque, Biden, Israel, we're, Benjamin Netanyahu's, Ali Jadallah, Lloyd Austin, Austin, Menahem Kahana, Gilad Erdan, Mike Johnson, Mitch McConnell, Sen, Lindsey Graham, Bernie Sanders of, Sanders, Netanyahu, Hatem Khaled, Itamar Yaar Organizations: Gateway Technical College, Reuters, Hamas, CNN, Israel, Anadolu, Getty Images, Biden, White House National Security, Palestinian Hamas, Afp, Getty, United Nations, Congress, Republican, Republicans, Austin, Reuters Privately, The State Department, Israel's National Security Council, Islamic State Locations: Sturtevant , Wisconsin, U.S, Israel, Rafah, Gaza, I'm, Palestinian, Bernie Sanders of Vermont, United States, Egypt

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