The White House is considering two economists who held senior Treasury Department posts in the Obama administration for the No. 2 job at the Federal Reserve, the Wall Street Journal reported on Wednesday. Both Janice Eberly and Karen Dynan served as the chief economist at Treasury during Barack Obama’s presidency and are well regarded by […]
Search results for "white house"
The White House on Tuesday proposed a non-binding Artificial Intelligence (AI) Bill of Rights that it said would help parents, patients and workers avert harm from the increasing use of automation in education, health care and employment. The Biden administration’s proposal joins hundreds of other guidelines and policy frameworks released by tech companies, industry associations […]
The Biden administration could shed more light on a possible new rule for exporting high-performance artificial intelligence chips to China “relatively soon,” a White House official said Friday. Tarun Chhabra, an official with the National Security Council who focuses on technology issues, said letters sent from the U.S. Department of Commerce to Nvidia Corp and […]
U.S. investment in foreign chip companies is a potential concern for the Biden administration, a White House official said on Wednesday, but he stressed it has not yet made a final decision on a potential mechanism regulating U.S. investments in China. National Security Council official Peter Harrell heralded the administration’s efforts to kick-start U.S. chipmaking […]
Boeing Co and Northrop Grumman are joining a White House-backed compact to help smaller U.S.-based suppliers increase the use of 3D printing and other advanced manufacturing technologies. The voluntary program, unveiled by President Joe Biden in May, seeks to boost suppliers’ use of additive manufacturing (AM). Driven by 3D printing, the technology allows complex shapes […]
The White House held a classified briefing on Wednesday with some U.S. lawmakers on the dire risks to the American economy from semiconductor supply chain issues as it pushes Congress for $52 billion in funding to subsidize production. White House National Economic Council Director Brian Deese told reporters “the best estimates are the lack of […]
Top science advisers to President Joe Biden are calling for a new “bill of rights” to guard against powerful new artificial intelligence technology. The White House’s Office of Science and Technology Policy on Friday launched a fact-finding mission to look at facial recognition and other biometric tools used to identify people or assess their emotional […]
The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say helped at least eight ransomware gangs launder virtual currency. The Treasury Department sanctions are aimed at kneecapping the economic infrastructure of a ransomware threat that has surged over the last year, […]
The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical U.S. infrastructure. A task force set up by the White House will coordinate efforts to stem the ransomware scourge. The Biden administration is also out […]
On Feb. 4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]