Biden Administration news and trends

White House Proposes New Trade Rules to Counter Chinese eCommerce Companies
eCommerce // September 13, 2024

The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target the de minimis exception that allows imported products to enter the United States without duties...

Apple Signs Biden Administration’s Commitment for AI Safety
Apple // July 26, 2024

Apple has signed onto the Biden administration’s voluntary commitments regarding the safe development of artificial intelligence (AI), joining 15 other companies that have done so since last year. “Today, the administration announced that Apple has signed onto the voluntary commitments, further cementing these commitments as...

Amazon Calls for Development of Global Rules for Responsible AI
artificial intelligence // July 22, 2024

A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon said there is a need for global alignment on responsible AI measures. “It’s now very clear we can have rules...

Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
Loans // May 01, 2024

The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1), those graduates were lied to by the now defunct chain of for-profit arts schools, the subject of years of investigation and litigation...

Quick Reads
Small Business Administration Unveils Lower-Cost Debt Refinancing Program

October 01, 2024
The White House says it has made it easier for small businesses to refinance debt. The Small Business Administration (SBA) announced a rule change Tuesday (Oct. 1) to its 504 Loan Program, which offers long-term, fixed rate financing for real estate and equipment with SBA-backed capital. “Coupled with the recent Federal Reserve interest rate cut, SBA’s new rule will […]

White House Proposes New Trade Rules to Counter Chinese eCommerce Companies

September 13, 2024
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target...

Apple Signs Biden Administration’s Commitment for AI Safety

July 26, 2024
Apple has signed onto the Biden administration’s voluntary commitments regarding the safe development of artificial intelligence (AI), joining 15 other companies that have done so since last year. “Today, the...

Amazon Calls for Development of Global Rules for Responsible AI

July 22, 2024
A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon said there is a need...