Latest news with #NDAA
Yahoo
4 hours ago
- Business
- Yahoo
Defense Spending Bill Boosts US Producers of Military Shoes and Gear
American producers are celebrating a win for domestic industry within a government defense spending bill that advanced this week. Language from the Better Outfitting Our Troops (BOOTS) Act was included in the National Defense Authorization Act (NDAA) for 2026, which was voted through by the House Armed Services Committee (HASC) on Tuesday evening. It now faces a full vote in the House of Representatives. More from Sourcing Journal Designer Thom Solo Brings T1D Story to Lawmakers at Breakthrough Event Reintroduced Bill Would Shift CBP's Operational Costs Away from Ports Wrangler, Diesel Step Out With New Footwear Partnerships The inclusion will require the Secretary of Defense to issue regulations for the armed forces within the next two years that prevent servicemembers from purchasing optional combat boots as a part of their required uniforms that are made overseas. Instead, they'll be largely required to buy American-made boots with few exceptions. The NDAA's text also includes a provision would eliminate a loophole in the Berry Amendment that allows the American armed forces to purchase textile products from foreign makers under the threshold of $150,000. The National Council of Textile Organizations (NCTO), which represents the country's textile and apparel supply chain, has long supported the BOOTS Act and other measures that would give U.S. manufacturers greater access to government contracts and patronage, especially outfitting the military. 'We applaud the HASC for passing the FY 2026 NDAA and including provisions that would help boost domestic manufacturing, strengthen American economic competitiveness, and meet the mission-critical needs of our Armed Forces,' the group's president and CEO, Kim Glas, said following the vote. Glas praised the leadership of Congressman Don Davis (D-N.C.) and Congressman Pat Harrigan (R-N.C.), who spearheaded bipartisan efforts to amend the NDAA with measures that favor of onshore industries. The lawmakers have also led efforts to close the small-purchase exemption within the Berry Amendment that has allowed the military to purchase textiles made overseas—a loophole that Glas said 'has led to U.S. military purchases of foreign-made textile articles largely at the expense of American textile manufacturers who have potentially lost several million dollars per year in U.S. government sales.' 'Eliminating this exemption will lead to the military procurement of more American-made military textile products as well as oversight of Berry Amendment compliance,' she said. Currently, American producers create more than 8,000 products a year, including over $1.8 billion in uniforms and equipment, for the armed forces. Also lobbying strongly on behalf of the BOOTS Act is the U.S. Footwear Manufacturing Association (USFMA), which took to Washington with a coalition of members from across the country to encourage lawmakers to include the bill within the defense spending legislation. According to the trade group, the Army and other branches of the military have been able to skirt the Berry Amendment—which was designed to ensure that soldiers were outfitted with American-made products—due to the longstanding loophole. Over the years, personnel have instead turned to cheaper combat boots, often made in China. American makers have been vying for a true shot at the defense industry, USFMA said—because bolstering their capabilities in that realm will also allow them to grow and scale their commercial capabilities, strengthening the overall U.S. footwear supply chain. There are also national security risks to the country's current inability to fully outfit its own troops. The trade organization pointed to a recent war game conducted for the Defense Logistics Agency, which revealed that in a wartime situation, the domestic supply chain would need at least a year and a half to ramp up to a point where it could meet the military's needs for footwear and other gear. The group said in a statement Wednesday that it was pleased with the inclusion of the BOOTS Act in the NDAA, characterizing it as a pivotal and encouraging step toward ensuring that combat boots worn by servicemembers are American-made. USFMA will continue its advocacy in the Senate, where the NDAA faces final passage. Also included in the NDAA were surprise provisions related to per- and polyfluoroalkyl substances (PFAS), otherwise known as 'forever chemicals.' Used across sectors and product categories, the substances are often found in cookware, firefighting foams, food packaging and apparel and footwear for waterproofing and oil repellency. They've also been linked to numerous health conditions, including cancers. While the NDAA doesn't take on the presence of PFAS in military garments or shoes, it does mandate that the Pentagon create a strategy to speed up the cleanup of PFAS contamination at military and National Guard installations to protect servicemembers from the potential dangers. Under the provisions included in the spending bill, the Department of Defense will be required to publish a public-facing dashboard that spells out cleanup efforts and timelines. Solve the daily Crossword
Yahoo
4 days ago
- Business
- Yahoo
House GOP clears procedural hurdle for crypto bills, unfreezing floor
House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule — which governs debate on legislation — in a 217-212 vote, after most of the GOP lawmakers who opposed the procedural effort Tuesday flipped their position. The vote remained open for well over eight hours, making history as the longest vote in the House as lawmakers engaged in negotiations behind the scenes. Rep. Marjorie Taylor Greene (R-Ga.) was the only GOP 'no' vote. GOP leadership was able to secure the holdouts' support for the motion after two days of talks by agreeing to add a crypto provision to the National Defense Authorization Act (NDAA), must-pass legislation that would put it on a path to landing on President Trump's desk — assuming it doesn't get stripped out of a final bill, which is often rewritten by both chamber's leaders. 'We had a very productive meeting tonight. I mean, everybody was there in good faith, they all have the same priorities, and I'm pleased that we'll be able to get this done. The president is as well,' Speaker Mike Johnson (R-La.) told reporters. 'I just spoke with him and, obviously, this is a big priority for him. And it was for us.' 'And so this breaks the logjam, allows us to get our work done,' he added. 'And sometimes it takes longer than at other times, but it's all part of the process, and you all know this works: We build consensus and we got it done tonight, so I'm very pleased.' The vote brings to a close several days of disarray over the procedural hurdle, which stood in the way of the chamber's ability to debate and vote on the raft of crypto legislation. With the rule adopted, the House can now debate and hold final passage votes on three cryptocurrency bills and a measure to fund the Pentagon for fiscal 2026. The drawn-out negotiations began after 12 hard-line Republicans voted against the rule Tuesday, blocking the House from moving forward with consideration of the bills and leaving the floor at a standstill. Trump appeared to avert the crisis late Tuesday, striking a deal with most of the hard-line group to vote in favor of the rule the next day in exchange for combining two of the crypto bills together. However, it quickly became apparent Wednesday that it would not be smooth sailing. Three GOP lawmakers — Reps. Chip Roy (Texas), Keith Self (Texas) and Greene — initially voted 'no' on a procedural step to reconsider the rule before switching to 'yes' at the last minute to allow it to pass. When the final rule came up for a vote, Roy and Greene again voted 'no,' alongside Rep. Bill Huizenga (R-Mich.), vice chair of the House Financial Services Committee. Huizenga's opposition underscored a key point of tension from the deal the president had reached with the hard-line contingent. Trump had agreed to add provisions blocking the creation of a central bank digital currency (CBDC) — like those in the Anti-CBDC Surveillance State Act, one of the three crypto bills on the floor — to a second bill, the Digital Asset Market Clarity Act. The Digital Asset Market Clarity Act aims to provide the crypto industry with clear rules by drawing a bright line between oversight by the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump's deal sought to alleviate the hard-liners' chief concern, which was that the crypto bills laid the framework for a CBDC. While the House is set to consider the anti-CBDC measure, it appears unlikely to garner enough support to clear the Senate. The Digital Asset Market Clarity Act also faces an uncertain future, but the addition of the anti-CBDC provisions appeared to allay their concerns. However, it seems to have raised concerns among other GOP lawmakers, including members of the House Financial Services Committee. As the hours ticked on and Johnson attempted to salvage the vote, more members of the original hard-line group changed their votes to 'no,' while Huizenga switched his vote to 'yes.' After GOP leadership agreed to add the anti-CBDC provision to the NDAA, the holdouts changed their votes back to 'yes,' allowing the rule to pass. The procedural vote brings the GENIUS Act, a bill setting up a regulatory framework for dollar-backed digital tokens called stablecoins, one step closer to reality. If it clears the House, the bill heads to Trump's desk, where the president has indicated he is eager to sign it into law. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
'Genius' House vote has the markets rallying
'Genius' House vote has the markets rallying originally appeared on TheStreet. The House of Representatives passed the key procedural vote on July 16 to go ahead with key crypto legislation, which sent the crypto market rallying. Bitcoin surpassed the $120,000 mark a few hours after the vote opened in expectation of it getting passed. The record-long procedural vote that passed 217-212 was open for over nine hours as a group of Republican holdouts were insistent on a ban on central bank digital currencies (CBDCs). House Majority Leader Steve Scalise told reporters that the text related to a ban on CBDCs will now be added to the National Defense Authorization Act (NDAA). No Democrats voted in favor of the procedural vote. Notably, the House had voted 196-223 to not move forward the previous day, which seemed to put these crypto-related bills on the back burner. The Donald Trump administration has dubbed the Week of 14th the "Crypto Week," with three pieces of legislation being backed by President Trump GENIUS Act, which deals with stablecoin regulation, has already been passed by the Senate. However, though the House of Representatives will now be able to review the three bills, Trump has been unable to rally all Republicans to support the legislation. The Clarity Act, which aims to classify cryptocurrencies as securities and commodities, and the Anti-CBDC Surveillance State Act, which debars the Fed from issuing a CBDC, are also expected to be debated. Notably, a super PAC group funded by crypto industry giants is reportedly going to raise more than $140 million for the upcoming midterm elections, POLITICO reported on July 15. Fairshake, the said PAC, has received donations from the crypto exchanges Coinbase (Nasdaq: COIN) and Uniswap Labs, and the crypto payments firm Ripple Labs, among others, the report added. The total crypto market cap stood at $3.81 trillion at the time of writing, up 1.94% in the last 24 hours. BTC was trading at $118,748.58 at press time, up 0.59% in 24 hours, as per Kraken's price feed. 'Genius' House vote has the markets rallying first appeared on TheStreet on Jul 16, 2025 This story was originally reported by TheStreet on Jul 16, 2025, where it first appeared.
The Hill
6 days ago
- Business
- The Hill
House GOP clears procedural hurdle for crypto bills, unfreezing floor
House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule — which governs debate on legislation — in a 217-212 vote, after most of the GOP lawmakers who opposed the procedural effort on Tuesday flipped their position. The vote remained open for well over eight hours — making history as the longest vote in the House — as lawmakers engaged in negotiations behind the scenes. Rep. Marjorie Taylor Greene (R-Ga.) was the only GOP 'no' vote. GOP leadership was able to secure the holdouts' support for the motion after two days of talks by agreeing to add a crypto provision to the National Defense Authorization Act (NDAA), must-pass legislation that would put it on a path to landing on President Trump's desk — assuming it doesn't get stripped out of a final bill, which is often rewritten by both chamber's leaders. 'We had a very productive meeting tonight, I mean, everybody was there in good faith, they all have the same priorities, and I'm pleased that we'll be able to get this done, the president is as well,' Speaker Mike Johnson (R-La.) told reporters. 'I just spoke with him and obviously this is a big priority for him and it was for us.' 'And so this breaks the logjam, allows us to get our work done,' he added. 'And sometimes it takes longer than at other times, but it's all part of the process and you all know this works: We build consensus and we got it done tonight, so I'm very pleased.' The vote brings to a close several days of disarray over the procedural hurdle, which stood in the way of the chamber's ability to debate and vote on the raft of crypto legislation. With the rule adopted, the House can now debate and hold final passage votes on three cryptocurrency bills and a measure to fund the Pentagon for fiscal year 2025. The drawn-out negotiations began after 12 hardline Republicans voted against the rule on Tuesday, blocking the House from moving forward with consideration of the bills and leaving the floor at a standstill. President Trump appeared to avert the crisis late Tuesday, striking a deal with most of the hardline group to vote in favor of the rule the next day in exchange for combining two of the crypto bills together. However, it quickly became apparent Wednesday that it would not be smooth sailing. Three GOP lawmakers — Reps. Chip Roy (Texas), Keith Self (Texas) and Greene — initially voted 'no' on a procedural step to reconsider the rule before switching to 'yes' at the last minute to allow the motion to pass. When the final rule came up for a vote, Roy and Greene again voted 'no,' alongside Rep. Bill Huizenga (R-Mich.), vice chair of the House Financial Services Committee. Huizenga's opposition underscored a key point of tension from the deal the president had reached with the hardline contingent. Trump had agreed to add provisions blocking the creation of a central bank digital currency (CBDC) — like those in the Anti-CBDC Surveillance State Act, one of the three crypto bills on the floor — to a second bill, the Digital Asset Market Clarity Act. The Digital Asset Market Clarity Act aims to provide the crypto industry with clear rules by drawing a bright line between oversight by the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump's deal sought to alleviate the hardliners' chief concern, which was that the crypto bills laid the framework for a CBDC. While the House is set to consider the anti-CBDC measure, it appears unlikely to garner enough support to clear the Senate. The Digital Asset Market Clarity Act also faces an uncertain future, but the addition of the anti-CBDC provisions appeared to allay their concerns. However, it seems to have raised concerns among other GOP lawmakers, including members of the House Financial Services Committee. As the hours ticked on and Johnson attempted to salvage the vote, more members of the original hardline group changed their votes to 'no,' while Huizenga switched his vote to 'yes.' After GOP leadership agreed to add the anti-CBDC provision to the NDAA, the holdouts changed their votes back to 'yes,' allowing the rule to pass. The procedural vote brings the GENIUS Act, a bill setting up a regulatory framework for dollar-backed digital tokens called stablecoins, one step closer to reality. If it clears the House, the bill heads to Trump's desk, where the president has indicated he is eager to sign the measure into law.
USA Today
13-07-2025
- Business
- USA Today
Digital Watchdog Launches New myDW Cloud Services
DW's new health monitoring solution is a cloud-centric service that empowers system owners to proactively monitor the health of their systems and keep them performing at their best. Jul. 13, 2025 / PRZen / CERRITOS, Calif. — Digital Watchdog (DW), the industry leader in digital recorders, surveillance cameras, perimeter protection devices, system peripherals and related management software, is proud to launch its new myDW cloud-centric health monitoring services. myDW provides Managed Service Providers (MSPs) and their customers with tools to proactively monitor their DW surveillance solutions, prevent unnecessary maintenance and downtime, and maximize the actionable data they get from their systems. myDW is a cloud-centric health monitoring solution designed to maximize the performance of surveillance systems, delivering actionable alerts and reports, event sharing and management tools that transform any system into a smart, proactive and responsive solution. myDW gives customers peace of mind that their surveillance is always working for them. 'To best meet the ongoing needs of end user customers, dealers can use the myDW platform to monitor and maintain the DW systems they install, transitioning their relationship to that of a Managed Service Provider,' said Mark Espenschied, Director of Marketing, DW. 'Utilizing custom reports and advanced features to identify changes in camera views and system performance that trigger automated alerts, myDW also makes it easy for users to share video clips of incidents by storing them in the cloud and sending a URL to coworkers and law enforcement personnel.' Product features include: Premium health monitoring service for all DW systems in a single location Gain valuable performance data on your systems and manage them more efficiently Reduce IT workload with simplified system management and real-time alerts Seamless management scalability from 1 to unlimited systems Available on any web browser and mobile app using the same single sign-on Centralized user management Streamline incident management with instant alerts and reports, and assign users to address events quickly. Video sharing with users inside and outside the organization for quick action on alerts CVV™ (Camera View Verification) PathFinder™ Peer-to-Peer (P2P) remote connection Roaming Profiles Cybersecurity with multi-factor authentication Hardware inventory, HDD health reports and monitoring Verify critical functions with 24/7 enterprise system health management Admin management, storage retention and video quality settings System recording and camera status Advanced, fully user-customizable system reports To learn more about myDW, click here. To learn more about DW's industry-leading video surveillance products, visit ABOUT DIGITAL WATCHDOG Founded in 1987, DW is a leading manufacturer of cloud-centric, NDAA/TAA-compliant complete surveillance solutions, delivering easy-to-use, resource-saving artificial intelligence (AI), stunning image quality, advanced hardware capabilities, superior video management, reliable customer support and the lowest total cost of deployment for IP megapixel, Universal HD over Coax megapixel, and legacy analog applications. DW's catalog includes perimeter protection devices, including motion detectors, illuminators and horn speakers, as well as an NDAA-compliant elevated skin temperature system. With offices in Cerritos, California and Tampa, Florida, and manufacturing facilities in Seoul, Korea, DW is committed to delivering powerful security solutions to its customers worldwide. ### For Images or More Information: Mark Espenschied Director of Marketing DW Complete Surveillance Solutions marke@ Toll-Free: 866.446.3595 x283 Source: Digital Watchdog Follow the full story here:
