The Securities and Exchange Commission has adopted rules to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be permitted if immediate disclosure poses serious national security or public safety risks. The new rules, passed by a 3-2 vote on Wednesday, also require publicly traded companies to annually disclose information on their cybersecurity risk management and executive expertise in the field.
President Joe Biden has nominated former Maryland Gov. Martin O’Malley to lead the Social Security Administration. If confirmed, O'Malley would run one of the biggest social programs in the nation and grapple with the surrounding uncertainty over its funding. Roughly 70 million people — including retirees, disabled people and children — receive Social Security benefits. O’Malley served as Maryland’s governor from 2007 to 2015 and was Baltimore mayor for two terms. O'Malley was a Democratic presidential candidate in 2016 but has ruled out running again. Biden on Wednesday said O’Malley “has spent his career making government more accessible and transparent, while keeping the American people at the heart of his work.”
Hugh “Sonny” Carter Jr. has died. He's the Carter who helped organize the “Peanut Brigade” that helped elect his cousin Jimmy to the White House and later enforced the president’s frugal ways in the West Wing. The Carter Center announced his death without saying the cause. Hugh Carter was among the many extended family members who campaigned alongside Jimmy and Rosalynn Carter and their children early in the 1976 presidential campaign, when the Georgia Democrat was considered a longshot candidate. The 39th president then assigned Hugh Carter the task of curtailing waste among White House staffers, a job that earned him the nickname “Cousin Cheap.”
The White House has nominated a career airlift and cargo pilot with key deployments in Afghanistan and Europe to serve as the Air Force's next top general. In a notice to Congress posted Wednesday, the White House nominated Gen. David W. Allvin to serve as the service's next chief of staff.
In today's Federal Newscast, military spouses call on Senator Tommy Tuberville of Alabama to end his block on Senate confirmed military appointments.
President Joe Biden has elevated CIA Director William Burns to his Cabinet. It's a symbolic move that underscores the intelligence chief’s influence and his work in U.S. support for Ukraine. In a statement, Biden said Burns had “harnessed intelligence to give our country a critical strategic advantage." Burns has been a central figure in the Biden administration, particularly in the White House strategy to declassify intelligence findings that Russia was intending to launch a full-scale invasion of Ukraine. A career diplomat and former ambassador to Russia, Burns was sent to Moscow months before the war to warn Russian President Vladimir Putin of Washington’s analysis.
President Joe Biden has chosen Adm. Lisa Franchetti to lead the Navy. If confirmed, she will be the first woman to be a Pentagon service chief and the first female member of the Joint Chiefs of Staff. Biden’s decision to tap Franchetti goes against the recommendation of his Pentagon chief. But Franchetti, the current vice chief of operations for the Navy, has broad command and executive experience. She was long considered by insiders to be the top choice for the job. In a statement Friday, Biden noted the historical significance of her selection and said “throughout her career, Admiral Franchetti has demonstrated extensive expertise in both the operational and policy arenas.”
The House has overwhelmingly passed a bill that would give the Federal Aviation Administration more money to hire air traffic controllers. It also aims to address pilot shortages by raising the mandatory retirement age. The measure, passed Thursday, seeks to improve air travel and reauthorize FAA programs for the next five years. Lawmakers in both parties widely supported the bill as they respond to this summer’s wave of cancellations and delays. It passed by a vote of 351-69. The Senate is working on its own version of the legislation. Aviation programs are set to expire Oct. 1 unless Congress approves the measure.
The Pentagon is announcing a new $1.3 billion package of long-term military aid to Ukraine on Wednesday, including four air defense systems and an undisclosed number of drones. The new assistance comes on the heels of a meeting Tuesday by defense and military leaders from around the globe to discuss ongoing efforts to give Ukraine the weapons it needs in its battle to retake territory seized by Russian forces. The new aid is being provided under the Ukraine Security Assistance Initiative. It includes money for four National Advanced Surface-to-Air Missile System, or NASAMS, and munitions for them.
The Biden administration and major consumer tech players are launching an effort to put a nationwide cybersecurity certification and labeling program in place. The program announced Tuesday is to help consumers choose smart devices that are less vulnerable to hacking. Officials liken the new U.S. Cyber Trust Mark initiative to the Energy Star program, which rates appliances’ energy efficiency. The initiative will be overseen by the Federal Communications Commission. Industry participation is voluntary. Amazon, Best Buy, Google, LG, Logitech and Samsung are among industry participants. The labels are for products including baby monitors, home security cameras, fitness trackers, TVs and smart climate control systems. The labels could be ready by next year.
The U.S. is sending additional fighter jets and a warship to the Strait of Hormuz and Gulf of Oman to increase security in the wake of Iranian attempts to seize commercial ships there. The Pentagon says the USS Thomas Hudner, a destroyer, and a number of F-35 fighter jets will be heading to the region. Defense officials last week announced the deployment of F-16s to the area over the past weekend and there have been A-10 attack aircraft there for nearly two weeks in response to the Iranian activity. The latest deployments come after Iran tried to seize two oil tankers near the strait early this month, opening fire on one of them.
The House has passed a sweeping defense bill that provides a pay raise for service members but strays from traditional military policy with Republicans add-ons blocking abortion coverage, diversity initiatives at the Pentagon and transgender care.
The chair of the Federal Trade Commission has defended her aggressive legal strategy toward the country’s biggest technology companies as she appeared before the House Judiciary Committee. House Republicans have charged that the agency has become overzealous and politicized under President Joe Biden. Agency head Lina Khan appeared before the Judiciary Committee Thursday for the first time amid her court battles with the companies. Republicans said she is “harassing” Twitter since its acquisition by Elon Musk, arbitrarily suing large tech companies and declining to recuse herself from certain cases. Khan pushed back, arguing that more regulation is necessary as the companies have grown and that tech conglomeration could hurt the economy and consumers.
U.S. officials say state-backed Chinese hackers foiled Microsoft’s cloud-based security and hacked the email of officials at multiple U.S. agencies that deal with China ahead of Secretary of State Antony Blinken’s trip to Beijing last month. The surgical, targeted espionage accessed the mailboxes of a small number of individuals at an unspecified number of U.S. agencies and was discovered by the State Department. Officials said none of the breached systems were classified. The hack was disclosed late Tuesday by Microsoft, which said email accounts were haced at about 25 organizations globally beginning in mid-May. A U.S. official said the number of U.S. organizations impacted was in the single digits.
The Army officer tapped to be the service’s next chief of staff is outlining his plan to fix what he described as the service’s top challenge — rebuilding recruiting — as it becomes clear the Army will again fall short of its enlistment goal. Gen. Randy George, vice chief of staff of the Army, told the Senate Armed Services Committee on Wednesday that the service is looking at short and long-term ways to improve how recruiters are chosen and deployed. He wants to better tailor marketing to attract young people. George’s confirmation is uncertain at best, due to a Senate dispute over military nominations.