No menu items!

US House panel to question Buttigieg at oversight hearing Reuters via biedexmarkets.com

Other MarketsCommodities & FuturesUS House panel to question Buttigieg at oversight hearing Reuters via biedexmarkets.com

© Reuters. FILE PHOTO: Secretary of Transportation Pete Buttigieg listens as U.S. President Joe Biden speaks about the airline industry and consumer protections from the South Court Auditorium on the White House grounds in Washington, U.S., May 8, 2023. REUTERS/Leah

By David Shepardson

WASHINGTON (Reuters) – The House of Representatives Transportation and Infrastructure Committee on Thursday said it will question U.S. Transportation Secretary Pete Buttigieg at a Sept. 20 oversight hearing.

The committee said the hearing will cover the lack of a confirmed head of the Federal Aviation Administration, implementation of a 2021 $1 trillion infrastructure law, supply chain and energy issues as well as electric vehicle infrastructure policies.

The White House has nominated a former deputy FAA administrator, Michael Whitaker, to head the agency but no hearing has been scheduled. The FAA has been without a Senate-confirmed administrator since April 2022.

Congress is likely this month to pass a short-term extension of the FAA’s authority to operate beyond Sept. 30. A bill that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms has stalled due to disagreements on whether to revise pilot training rules.

Another House panel last week said it was investigating the Transportation Department’s response to a series of aviation and rail safety issues.

Republicans on the House Oversight Committee in a letter to Buttigieg said the committee was investigating the department’s response to near-miss aviation incidents and train derailments. USDOT declined to comment.

The letter cited unresolved safety recommendations made by the department’s Office of Inspector General.

“These safety failures have eroded the public’s confidence in air and rail safety and necessitates thorough investigation,” the lawmakers wrote.

The National Transportation Safety Board (NTSB) is investigating seven near-miss runway events since January. Buttigieg in March said numerous aviation close calls were “deeply troubling and deserve our immediate attention.”

The issue of rail safety has drawn renewed attention since the Feb. 3 derailment of a Norfolk Southern (NYSE:) train in East Palestine, Ohio, that caught fire and released more than 1 million gallons of hazardous materials and pollutants.

The Senate Commerce Committee in May approved rail safety legislation tightening rules on trains carrying flammable substances. The measure has not been taken up by the House or full Senate.

Unlock Your Profit Potential: Actionable Stock News, Trading Signals, and More for Savvy Investors

Supercharge Your Investment Strategy Today with the Ultimate Streaming Platform and Premium Tools

Explore more

Unlock Your Profit Potential: Actionable Stock News, Trading Signals, and More for Savvy Investors

Supercharge Your Investment Strategy Today with the Ultimate Streaming Platform and Premium Tools

sample attachment alt

FirstFT: Beijing attacks EU’s anti-subsidies investigation into electric cars

Receive free World updatesWe’ll send you a myFT Daily Digest email rounding up the latest World news every morning.This article is an on-site version...
Nigeria's Tinubu defends win in disputed presidential poll By Reuters

Israel’s Netanyahu to meet US President Biden during trip to U.N....

© Reuters. FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu speaks as he attends an economic forum at Ministry of Enterprises and Made in...
Oaksterdam University, REEFORM Team Up To Offer Cannabis College Scholarships For Previously Incarcerated People - Glass House Brands (OTC:GLASF)

Oaksterdam University, REEFORM Team Up To Offer Cannabis College Scholarships For...

Oaksterdam University, often dubbed the world's first cannabis college, has forged a partnership with the socially conscious cannabis brand, REEFORM. Their joint endeavor? Offering...
What To Expect From NASA's Big Announcement On UAPs

What To Expect From NASA’s Big Announcement On UAPs

NASA is about to release the findings of a much-hyped report on “unidentified anomalous phenomena” (UAP). So, what can we expect from the announcement?The...
Immuneering Announces Participation in March Investor Conferences - Immuneering (NASDAQ:IMRX)

Billion Dollar Military Drone Market Production Increasing as Defense Orders Pick...

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - The growing use of Unmanned Aerial Vehicles (UAVs) in the defense...
France's manufacturing sector shrinks in Feb as export demand weakens -PMI By Reuters

First-time homebuyers undeterred by rising mortgage rates, PulteGroup survey reveals By...

Despite the ongoing rise in mortgage interest rates, first-time homebuyers remain determined to achieve homeownership, according to a recent survey conducted by one of...
Payoneer Global climbs following earnings, revenue beat

IBEX Reports Record-Breaking Financial Results in FY 23, Bullish on Future...

© Reuters. In their Fourth Quarter and Full Year 2023 Earnings Conference Call, ibex revealed that they achieved record-breaking financial results in FY '23....
Apollo Eyeing IGT Gaming Unit in $4-5bn Deal

Apollo Eyeing IGT Gaming Unit in $4-5bn Deal

Private equity giant Apollo Global Management is among the potential suitors seeking to acquire International Game Technology’s global gaming division, Bloomberg News reported on Wednesday. IGT’s...
sample attachment alt

FirstFT: Beijing attacks EU’s anti-subsidies investigation into electric cars

Receive free World updatesWe’ll send you a myFT Daily Digest email rounding up the latest World news every morning.This article is an on-site version...
Nigeria's Tinubu defends win in disputed presidential poll By Reuters

Israel’s Netanyahu to meet US President Biden during trip to U.N....

© Reuters. FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu speaks as he attends an economic forum at Ministry of Enterprises and Made in...
Oaksterdam University, REEFORM Team Up To Offer Cannabis College Scholarships For Previously Incarcerated People - Glass House Brands (OTC:GLASF)

Oaksterdam University, REEFORM Team Up To Offer Cannabis College Scholarships For...

Oaksterdam University, often dubbed the world's first cannabis college, has forged a partnership with the socially conscious cannabis brand, REEFORM. Their joint endeavor? Offering...
What To Expect From NASA's Big Announcement On UAPs

What To Expect From NASA’s Big Announcement On UAPs

NASA is about to release the findings of a much-hyped report on “unidentified anomalous phenomena” (UAP). So, what can we expect from the announcement?The...
Immuneering Announces Participation in March Investor Conferences - Immuneering (NASDAQ:IMRX)

Billion Dollar Military Drone Market Production Increasing as Defense Orders Pick...

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - The growing use of Unmanned Aerial Vehicles (UAVs) in the defense...
France's manufacturing sector shrinks in Feb as export demand weakens -PMI By Reuters

First-time homebuyers undeterred by rising mortgage rates, PulteGroup survey reveals By...

Despite the ongoing rise in mortgage interest rates, first-time homebuyers remain determined to achieve homeownership, according to a recent survey conducted by one of...
Payoneer Global climbs following earnings, revenue beat

IBEX Reports Record-Breaking Financial Results in FY 23, Bullish on Future...

© Reuters. In their Fourth Quarter and Full Year 2023 Earnings Conference Call, ibex revealed that they achieved record-breaking financial results in FY '23....
Kohl's forecasts annual profit below estimates as demand slumps By Reuters

US Bond Yield Increases Driven by Fiscal Policy Risk, Says Former...

© Reuters. Former vice chair of the Federal Reserve, Richard Clarida, on Thursday suggested that potential increases in US bond yields are more likely...