New EPA Rule, Fed Keeps Interest Rates Steady, & More | 03.22.24
Mar 22, 2024
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This podcast covers topics like new EPA regulations on tailpipe emissions, the Federal Reserve's interest rate decision, world happiness rankings, rise in measles cases, pig kidney transplant, World Water Day donations, US resolution on Gaza, interpreter scandal, funding package, Alabama's diversity program ban, and North Korea's missile test.
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Quick takeaways
New EPA regulations require 56% of new cars to be electric by 2032, with automakers facing stricter emission limits.
Fed opts not to lower interest rates, Reddit's debut exceeds expectations, and a successful pig kidney transplant offers hope.
Deep dives
EPA Regulation on Tailpipe Emissions
The Biden administration introduced new EPA regulations requiring 56% of new cars to be electric by 2032. Automakers are not banned from producing gas cars but must meet emissions limits by averaging electric or hybrid vehicles. These limits, starting in 2027, become stricter through 2032. Some automakers find relief in the extended implementation period, while others criticize the regulations as unrealistic.
Federal Reserve's Decision and Other News Highlights
The Federal Reserve opted not to lower interest rates, planning to observe the economy further. Stock markets reached record highs, with Reddit's debut exceeding expectations. Additionally, fixes to the public service loan forgiveness program will provide relief to thousands of borrowers. Global health concerns include a rise in measles cases and the US dropping out of the top 20 happiest countries list, while a medical breakthrough of a successful pig kidney transplant offers hope for future advancements in organ transplantation.
Updates on World Water Day, US Resolution on Gaza, Interpreter Scandal, Funding Package, Alabama's Diversity Program Ban, and North Korea's Missile Test
Today we’re talking about new EPA regulation on tailpipe emissions, the Federal Reserve’s latest meeting, the latest “world happiness” rankings, and other top news for Friday, March 22nd. Stay informed while remaining focused on Christ with The Pour Over Today.