Government Relations Updates
This week in Philadelphia, Mayor Parker announced a major milestone in the city's pension fund recovery and, alongside Governor Shapiro, helped break ground on 327 new homes at the Westpark Apartments redevelopment in West Philadelphia. At the state level, the Shapiro administration continued its economic development push with a $5.7 million PA SITES investment in Northumberland County, and the General Assembly advanced notable legislation on data center regulation and consumer protections for AI chatbots. Mayor Parker's Fiscal Year budget address is scheduled for March 12.
The Bellevue Compass
The partial DHS shutdown is still ongoing, and the questions coming out of Washington are mounting faster than the answers. Plus, here's what Pennsylvania's delegation is saying about recent strikes in Iran, what the classified briefing revealed, and what it all means for the Commonwealth.
In Case You Missed It
The latest on DHS: a funding bill passed the House on Thursday, but is unlikely to move at all in the Senate. President Trump ousted Kristi Noem as Homeland Security Director amid major backlash over her handling of ICE raids. But will it be enough to move the needle for Senate Democrats?
The unemployment rate unexpectedly climbed to 4.4% last month as the economy shed 92,000 jobs across nearly every sector, including healthcare, a typically strong industry.
Canada and the US have resumed trade talks after they were suspended in October following an anti-tariff advert run in Ontario.
Oil prices reach their highest since 2023 as the conflict in Iran continues. President Trump is reportedly looking for “unconditional surrender” from Iran in order to cease operations.
Go Phillies! ⚾️
See you next week!
The Bellevue Team