Treasury Secretary Steven Mnuchin said he would support a plan backed by Sens. Chuck Grassley (R-Iowa) and Maria Cantwell (D-Wash.) to provide a tax credit to biodiesel producers rather than to fuel blenders.
Economic activity continued to expand at a “modest or moderate pace” from early April through late May, though not all Federal Reserve districts shared that sentiment, according to the Beige Book.
Getting NAFTA renegotiations with Canada and Mexico completed by January 2018 marks the “best window” for the discussions to conclude, according to US Commerce Secretary Wilbur Ross.
Lawmakers return from the Memorial Day break with heavy attention on the coming testimony of former FBI Director James Comey, while infrastructure is the White House focus.
U.S. sugar producer and processor lobbyists won a lot in the revised sugar trade suspension agreement with Mexico, despite U.S. interests withholding support.
USDA Secretary Sonny Perdue appears before a Senate Ag Appropriations panel and another key hearing by the Senate Intelligence panel on the Russia situation are key agenda items this week in Washington.
