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The President has issued Executive Order 14196, which calls for the creation of a United States Sovereign Wealth Fund. This fund aims to benefit American citizens by promoting fiscal sustainability and economic security, reducing taxes, and enhancing U.S. economic leadership globally. The Secretary of the Treasury and the Secretary of Commerce are tasked with developing a detailed plan, including funding strategies and legal considerations, and submitting it within 90 days. The order ensures it complies with existing laws and does not grant any new legal rights.

The Mine Safety and Health Administration (MSHA), part of the Department of Labor, is seeking public comments on an information collection related to "Main Fan Operation and Inspection" in certain types of mines. This effort aims to reduce paperwork and improve data collection practices while ensuring the safety of mine workers. The information collected will help monitor mine ventilation systems to identify and address dangerous conditions promptly. Public comments are encouraged and must be submitted by February 25, 2025, through various methods, including https://www.regulations.gov.

The Food and Drug Administration (FDA) has announced a decision to deny Vanda Pharmaceuticals a hearing regarding their supplemental new drug application for HETLIOZ, which is intended to treat insomnia by aiding in sleep initiation. The FDA concluded that the application did not provide sufficient evidence to prove the drug's effectiveness and safety for this new use. Previously, on March 4, 2024, the Center for Drug Evaluation and Research (CDER) issued a complete response letter indicating Vanda's application could not be approved as is. After reviewing submissions from both parties, the FDA finalized their decision not to approve the new indication for the drug on February 28, 2025.

The Department of Veterans Affairs (VA) announced an update to the monetary allowance available for eligible burials in VA national cemeteries during 2021. This allowance helps cover the private purchase of an outer burial receptacle, like a graveliner, and is set at $372.00. The amount is calculated by subtracting administrative costs from the average cost of government-provided graveliners in 2020. This notice lets interested parties know about these cost details and the effective date of January 1, 2021.

The Executive Order 14156 declares a national energy emergency, recognizing that the U.S. energy supply and infrastructure are inadequate to meet the country's needs. The order aims to improve domestic energy production and supply by leveraging emergency authorities, expediting infrastructure projects, and utilizing emergency permitting provisions. It also emphasizes the importance of cooperation between agencies to ensure energy security and addresses potential challenges arising from endangered species regulations. The order calls for coordinated efforts and assessments to protect national security and economic stability.

President Joe Biden issued Proclamation 10140 declaring January 20, 2021, as a National Day of Unity. This proclamation emphasizes the importance of unity to address significant challenges facing the nation, such as the COVID-19 pandemic, economic recovery, racial justice, and the climate crisis. President Biden urges Americans to come together and work towards rebuilding democracy with decency, dignity, love, and healing. This proclamation marks the beginning of his presidency, highlighting his commitment to being a leader for all Americans.

The Food and Drug Administration (FDA) is proposing to reject the new drug application from Vanda Pharmaceuticals for TRADIPITANT capsules, intended to treat nausea in gastroparesis. The application was found lacking as it did not provide substantial evidence of the drug’s effectiveness and safety based on submitted studies and data. Vanda has the option to request a hearing to contest this decision, though they must address all the identified deficiencies. If no hearing request is filed, or if it is not deemed substantial, the FDA will officially deny the application.

The Investors Exchange LLC (IEX) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its rules regarding broker-dealers who are subject to a statutory disqualification but wish to become or remain members of the Exchange. This amendment aims to clarify the process and align IEX's rules with those of other exchanges, such as Cboe and BOX, and with SEC regulations. The proposed rule would allow IEX to approve membership applications for the brokers while proceedings with other self-regulatory organizations are ongoing. This change seeks to avoid confusion among members and ensure the process is consistent and fair, protecting investors and the public interest.

The U.S. International Trade Commission found a violation of section 337 of the Tariff Act of 1930 related to certain liquid transfer devices and issued a limited exclusion order and a cease and desist order. The original complaint, filed by West Pharmaceutical Services, claimed infringement of a U.S. patent by products imported into the U.S. from three companies. After a thorough investigation, the Commission confirmed the infringement of the patent and ruled that no bond was necessary because the public interest would not be harmed by the orders. Commissioner Kearns disagreed with the final decision and provided a separate opinion.

The executive order aims to strengthen the United States' response to the COVID-19 pandemic by ensuring a robust supply chain for necessary medical supplies. It directs several federal departments to assess and address shortages in pandemic response supplies like PPE and vaccines and suggests using the Defense Production Act to resolve these shortfalls. The order also focuses on strategies for long-term resilience in the pandemic supply chain, pricing controls to prevent hoarding and price gouging, and better access to the Strategic National Stockpile for Tribal authorities. Additionally, it requires a plan for enhancing domestic manufacturing capabilities for future pandemics.