US NATIONAL NEWS
Chairman Williams: “Stifling Innovation: Examining the Impacts of Regulatory Burdens on Small Businesses in Healthcare”
Published
2 years agoon
WASHINGTON, D.C. – Today, the House Committee on Small Business is holding a full committee hearing titled “Stifling Innovation: Examining the Impacts of Regulatory Burdens on Small Businesses in Healthcare.” Chairman Williams’ opening statement as prepared for delivery: Good morning, and welcome to today’s hearing which will focus on how overregulation in the healthcare industry limits small firms’ competitiveness and stifles innovation. I’d like to start off by thanking our witnesses for joining us today. Your attendance is greatly appreciated, and we value your input on these important issues. We have consistently heard how overregulation is preventing some of our best and brightest entrepreneurs from innovating and trying new things. We have heard this from many different industries, and today we will examine how these efforts can stifle innovation in the healthcare industry. The FDA is responsible for protecting the public’s health by ensuring the safety and efficacy of new pharmaceutical drugs as well as medical devices. There is a lot of responsibility that goes along with this authority. For obvious reasons, we want to make sure that the medicines people are taking are going to be fulfilling their intended purpose. However, there is always a tradeoff from these decisions. If the FDA shies away from any and all risk, it will significantly limit innovation and make it harder for small businesses to make an impact in the healthcare industry. The balance between risk and innovation is a fine line, but we must be able to maintain it. This Committee knows that small businesses are at the tip of the spear across the economy when it comes to innovation in any industry. The healthcare industry is not an exception. Developing a new drug can take more than a decade and bring with it an extremely high price tag. Unfortunately, on top of the cost of development, small businesses have to spend significant time navigating the FDA’s bureaucratic process. This presents a significant barrier to entry for Main Street. Navigating red tape does not only hamper what drugs come to market, but also how doctors are treating patients. In a hearing we held earlier this year, we heard from a doctor who was serving as a witness say they only spend 12 percent of their day focusing on direct patient care. The other 88 percent is spent complying with government and private insurance requirements. Doctors want to treat, cure, and innovate, not spend time on bureaucratic red tape. This issue is very personal to me. My wife is currently undergoing treatment for glioblastoma. Throughout this process, I have heard countless stories from Americans looking for cures and learned about many of the challenges in bringing new treatments to the marketplace. As a small business owner, I know the potential that lies within Main Street America today; and we just need to make sure they can operate in an environment that allows them to flourish. I am looking forward to today’s discussion and hope this hearing shines a light on the burdensome red tape currently restricting our small firms and providers. I’d like to once again thank our witnesses for being here with us today. I’m very much looking forward to our conversation. With that, I will yield to our distinguished Ranking Member from New York, Ms. Velasquez. |
You may like
Politics
FORMER PRESIDENTS, CIVIL RIGHTS LEADERS GATHER FOR OPENING OF OBAMA PRESIDENTIAL CENTER
Published
6 days agoon
June 18, 2026CHICAGO (FNN NEWS) — The long-awaited Barack Obama Presidential Center officially opened Thursday with a star-studded dedication ceremony on Chicago’s South Side, drawing former presidents, national leaders, celebrities, and thousands of invited guests.
The ceremony began at 11 a.m. CDT with Chicago native and Grammy Award-winning singer Jennifer Hudson performing the national anthem.
Obama Center Opens
Former President Barack Obama and former First Lady Michelle Obama delivered remarks celebrating the opening of the center, which is designed to serve as a cultural, educational, and civic engagement hub.
The opening marks the formal debut of one of the most anticipated presidential centers in modern history. The campus opens to the public on Juneteenth and is expected to attract visitors from across the United States and around the world.
Former Presidents in Attendance
Among the dignitaries attending the ceremony were:
- Former President Joe Biden
- Former President George W. Bush
- Former President Bill Clinton
- Former First Lady Jill Biden
- Former First Lady Laura Bush
- Former Secretary of State and former First Lady Hillary Clinton
National Leaders and Celebrities Attend
The event also attracted prominent political leaders, civil rights advocates, entertainers, and business leaders, including:
- California Gov. Gavin Newsom
- Pennsylvania Gov. Josh Shapiro
- Civil rights leaders Andrew Young and Al Sharpton
- Media icon Oprah Winfrey
- Comedians David Letterman, Conan O’Brien, and Stephen Colbert
- Actor Tom Hanks
- Tennis legend Billie Jean King
- Chicago Cubs Chairman Tom Ricketts
Several attendees, including Newsom and Shapiro, are widely viewed as potential contenders for the 2028 Democratic presidential nomination.
A Landmark for Chicago’s South Side
The opening of the Obama Presidential Center represents a significant milestone for Chicago’s South Side, bringing national attention, tourism, and economic development opportunities to the community.
Thousands of invited guests attended the ceremony, while residents and supporters gathered at a free public watch party to celebrate the historic occasion.
The center is expected to serve as a lasting tribute to the legacy of the nation’s 44th president while inspiring future generations of leaders through civic engagement, education, and public service.
About the Obama Presidential Center
The Obama Presidential Center is a world-class campus dedicated to preserving and advancing the legacy of President Barack Obama and First Lady Michelle Obama. The center includes museum exhibits, public gathering spaces, educational programming, and community resources aimed at fostering leadership and civic participation.
Politics
State Department Offers Up to $15 Million in Rewards for MS-13 Leaders Wanted on Terrorism, Drug Trafficking Charges
Published
6 days agoon
June 18, 2026WASHINGTON (FNN NEWS) — The U.S. Department of State announced Thursday that it is increasing reward offers totaling up to $15 million for information leading to the arrest and/or conviction of two senior leaders of Mara Salvatrucha (MS-13), a transnational criminal organization designated as a Foreign Terrorist Organization (FTO).
Reward Offers Increased
The State Department’s Bureau of International Narcotics and Law Enforcement Affairs announced a reward of up to $10 million for information leading to the arrest and/or conviction of Yulan Adonay Archaga Carías, also known as “Porky,” and up to $5 million for information leading to the arrest and/or conviction of Víctor Eduardo Morales Zelaya, also known as “Cuervo.”
The reward offers were announced by Thomas “Tommy” Pigott, spokesperson for the U.S. Department of State.
MS-13 Leadership in Honduras
According to federal court documents, Archaga Carías and Morales Zelaya are the highest-ranking members of MS-13 operating in Honduras. Authorities allege they direct the gang’s criminal operations, including:
- Drug trafficking
- Money laundering
- Murder
- Kidnappings
- Other violent criminal activities
Federal authorities also allege the two men are responsible for coordinating the importation of significant quantities of cocaine into the United States. Both remain fugitives.
Among America’s Most Wanted
Archaga Carías is listed on the FBI’s Ten Most Wanted Fugitives list and is also among the most wanted fugitives sought by the Drug Enforcement Administration (DEA) and Homeland Security Investigations (HSI).
The case is part of the Homeland Security Task Force (HSTF) established under Executive Order 14159. The task force is a permanent, whole-of-government initiative focused on dismantling criminal cartels, foreign gangs, transnational criminal organizations, and human smuggling and trafficking networks operating in the United States and abroad.
How to Provide Information
The reward offers were authorized by the Under Secretary for Arms Control and International Security under the Transnational Organized Crime Rewards Program (TOCRP), which supports global law enforcement efforts to combat transnational criminal organizations.
Anyone with information is encouraged to contact the FBI through WhatsApp, Signal, or Telegram at +1-832-267-1688.
Individuals located outside the United States may also contact the nearest U.S. embassy or consulate. Those within the United States may contact their local FBI field office.
Confidentiality Guaranteed
U.S. officials emphasized that all identities of individuals providing information will be kept strictly confidential. Government officials and employees are not eligible for rewards based on information obtained through their official duties.
US NATIONAL NEWS
Rubio, Jaishankar Discuss Strait of Hormuz Security During Diplomatic Call
Published
2 weeks agoon
June 13, 2026WASHINGTON (FNN NEWS) — U.S. Secretary of State Marco Rubio spoke with Indian External Affairs Minister Subrahmanyam Jaishankar to discuss recent developments in the Strait of Hormuz, according to a State Department readout released Friday.
According to Principal Deputy Spokesperson Tommy Pigott, the conversation focused on maritime security and commercial shipping in one of the world’s most strategically important waterways.
Focus on Maritime Security
During the call, Rubio stressed that commercial vessels operating in the Strait of Hormuz should immediately comply with instructions issued by U.S. forces as they work to maintain regional peace and security.
The secretary also emphasized U.S. concerns regarding the transportation of Iranian oil and warned that violations of U.S. enforcement measures would not be tolerated.
Critical Global Waterway
The Strait of Hormuz serves as a vital shipping route connecting the Persian Gulf to international markets and is one of the world’s most important energy transit corridors. Any disruption to commercial traffic through the region can have significant implications for global energy supplies and international trade.
The call highlights continued diplomatic coordination between the United States and India on regional security issues and freedom of navigation in key international waterways.