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WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block action by the incoming administration to expand offshore drilling.

WASHINGTON — Republican Mike Johnson won re-election to the House speakership on a first ballot Jan. 3, pushing past GOP hard-right holdouts.

The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.

Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.

Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

Mike Johnson has faced criticism from ultraconservative lawmakers after backing a temporary spending deal that failed to include Donald Trump’s demands for lifting the U.S. debt ceiling.