Search results for White House Office of Management and Budget
Industry
Hanwha Philly Shipyard wins contract for U.S. \'Golden Dome\' missile defense support ship
Hanwha Philly Shipyard will build a key support vessel to be used in the United States\' \'Golden Dome\' missile defense programme. The U.S. Maritime Administration on July 17 announced the signing of a contract to build a sea-based missile test instrumentation vessel, or MRIV, at a naming ceremony for the fourth National Security Multi-Mission Vessel. The MRIV will be delivered in phases starting in 2030.
Crypto
U.S. 401(k) retirement market could open to cryptocurrencies
The U.S. retirement market is nearing a turning point as the $10 trillion 401(k) sector could allow cryptocurrencies as regulated assets after years of uncertainty. The Labor Department withdrew its 2022 warning in May 2025 and later, on Aug. 7, 2025, President Donald Trump signed an order classifying cryptocurrencies as alternative assets. The department is drafting new fiduciary standards, though technical integration and strict ERISA duties may slow adoption.
Industry
Yeo Han-koo says digital trade issues, U.S. Supreme Court ruling risks need close management
Yeo Han-koo, South Korea’s chief trade negotiator, said he discussed follow-up steps after South Korea-U.S. tariff negotiations and pending digital legislation during a visit to Washington. He met USTR and White House budget officials to review implementation of non-tariff commitments and agreed to maintain communication channels. He said Korea should not be treated unfavourably versus other countries ahead of a ruling on the legality of U.S. reciprocal tariffs imposed under IEEPA.