Congress Prepares for August Recess

As the House prepares to recess in August, members of Congress are focused on passing several spending bills and wrapping up major legislation before the week’s end. The legislation would revamp spending packages for defense authorization and would expand and update health savings accounts. Read more about the push for legislation here.

EU Trade Truce

"President Donald Trump said the United States and the European Union had launched a 'new phase' in their relationship, saying that the two major economies would start negotiations immediately on a number of areas that include working toward 'zero tariffs' on industrial goods, and further cooperation on energy issues," CNBC writes. Read coverage here.

USDA Supports Rural Communities

In addition to the $12 billion in relief USDA announced Tuesday, the agency is leading an effort to invest in rural communities across the country. The investments will be made through the Community Facilities Direct Loan Program, which helps rural areas gain access or build essential facilities, such as libraries or healthcare facilities. Find a breakdown on USDA efforts here.

Cell-Cultured Food Processing Regulations

USDA and the Food and Drug Administration are beginning to discuss jurisdiction over a new scientific technology, cell-cultured meat. IDFA is closely monitoring these developments because of the food safety and labeling implications for dairy foods made with similar technology. Read the latest on the discussion here.