Jim Tankersley

Officials at the White House Office of Information and Regulatory Affairs (OIRA), a branch of the Office of Management and Budget (OMB), have overhauled how the federal government assesses the costs and benefits of regulation and some government spending programs, clearing a path for more aggressive efforts to fight climate change and help the poor. OIRA finalized a new and complicated set of rules that would change how federal agencies tally and weigh the potential value and harm of new regulations related to climate change, taxation, the distribution of disaster relief assistance, and mor

President Biden’s two immediate predecessors had ambitious goals to rebuild the country’s infrastructure, but both left office having made little progress in fixing the nation’s bridges, roads, pipes, and broadband. President Donald Trump announced so many meaningless infrastructure weeks that the term became a running joke of his administration. While the goal of addressing the United States’ infrastructure is bipartisan, the details are not.

The Trump administration has suspended fraught international tax negotiations with European countries and warned that it will retaliate if they move forward with plans to impose new taxes on American technology companies like Amazon, Facebook and Google. The decision, conveyed in a letter from Treasury Secretary Steven Mnuchin to European finance ministers last week, comes as global talks have stalled over how to tax commerce that takes place online, particularly in countries where companies sell goods and services but have no physical presence.

The Trump administration is following through with plans to allow American companies to continue doing business with Huawei, the Chinese telecom equipment giant, just weeks after placing the company on a Commerce Department blacklist. Commerce Secretary Wilbur Ross said the administration will issue licenses for American companies that want to do business with Huawei “where there is no threat to national security.” And another top official suggested the move would allow chip makers to continue selling certain technology to Huawei.