Trump says strong dollar hurting U.S. competitiveness

Reuters | March 03, 2019

Trump says strong dollar hurting U.S. competitiveness
President Donald Trump on Saturday renewed criticism of the Federal Reserve and said the U.S. central bank’s tight monetary policy was contributing to a strong dollar and hurting the United States’ competitiveness. “We have a gentleman that likes a very strong dollar at the Fed,” Trump said at the annual Conservative Political Action Conference in Oxon Hill, Maryland. “I want a strong dollar, but I want a dollar that’s great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations.”

Spotlight

Government is having a larger impact than ever on the enterprise. We recently sat down with Chris Lu, former U.S. Deputy Secretary of Labor and current FiscalNote advisor, to discuss this shift, and what companies can do to be more successful in this new environment. As part of FiscalNote’s Executive Series, we put together this Q+A to discuss what to expect in 2018 and beyond at both the C-Suite and senior leadership level within organizations.

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GOVERNMENT BUSINESS

Appgate Announces Zero Trust Network Access (ZTNA) as a Service for U.S. Government

Appgate | September 21, 2021

Appgate, the secure access company, today announced plans to deliver its market-leading Zero Trust Network Access solution, Appgate SDP, as a service to U.S. government entities via a FedRAMP Joint Authorization Board (JAB)-approved environment. Through a partnership with Rackspace Government Solutions (RGS), Appgate SDP will be made available as an additional service offering within Rackspace Government Cloud, a managed security and compliance platform. Government agencies will be able to leverage an industry-leading Zero Trust Network Access solution in securing their diverse, hybrid IT environments. Zero Trust is becoming increasingly essential in the public sector, as highlighted in the recent Executive Order on Improving the Nation’s Cybersecurity. Appgate SDP can help government entities meet requirements to achieve a Zero Trust security posture by ensuring secure access to the cloud in a FedRAMP-approved environment. Barry Field, Appgate CEO Under the new partnership with RGS, government agencies will soon be able to secure their complex, distributed hybrid IT ecosystems with Appgate SDP, an enterprise-grade ZTNA solution. Utilizing the principles of Zero Trust, Appgate SDP dynamically creates one-to-one network connections between users and the resources they are explicitly authorized to access. Appgate SDP complies with and extends beyond the three core principles of the Cloud Security Alliance’s software-defined perimeter specifications. The ability to offer Appgate SDP as a service meets the demand of our federal government customers and our partner ecosystem. Appgate offers the most flexible deployment models for any ZTNA technology in its class. Our prospects, customers and partners will soon be able to deploy Appgate SDP on premises, in a private cloud, in a government-approved cloud, as a managed service in a government-owned location or remotely from a FedRAMP-approved environment. Ned Miller, Senior Vice President and General Manager of Appgate’s Federal Division Appgate SDP offers a full spectrum of user access options, including clients with integrated user interfaces (UIs) and non-UI or “headless” clients to always-on clients and zero-install clientless using a standard web browser. Its benefits include: Unified ZTNA platform for users, servers and IoT Ability to control all access to all resources with a single, dynamic policy model​ Secure remote access for employees, systems and third-parties​ Simplified, consistent policy administration “Offering unrivaled FedRAMP expertise, Rackspace Government Solutions has held FedRAMP Moderate Joint Authorization Board (JAB) authorization since 2015, as well as DoD Impact Level 4 and DFARS/CMMC attestations. We offer solutions that comply with FISMA, ITAR, Section 889, and HIPAA standards, to name just a few,” said Brad Schulteis, Senior Director of Rackspace Government Solutions. “We are very pleased to be working with Appgate and delivering a world-class ZTNA as a Service solution in support of our mutual US government customers.” Appgate was recently named a Leader in The Forrester New Wave™ Zero Trust Network Access, Q3 2021. Appgate received a differentiated rating, the highest possible, in six criteria including deployment flexibility, non-web and legacy apps, ecosystem integration, client support, connector capabilities and product vision. About Appgate Appgate is the secure access company that provides cybersecurity solutions for people, devices and systems based on the principles of Zero Trust security. Appgate updates IT systems to combat the cyber threats of today and tomorrow. Through a set of differentiated cloud and hybrid security products, Appgate enables enterprises to easily and effectively shield against cyber threats. Appgate protects nearly 700 organizations across government and business. Learn more at appgate.com. On February 9, 2021, Appgate announced that it entered into a definitive merger agreement with Newtown Lane Marketing, Incorporated (OTC BB: NTWN), a publicly traded shell company. The parties expect to complete the transaction in the fourth quarter of 2021, subject to customary closing conditions, at which time Appgate will become a public company. About Rackspace Technology Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

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GOVERNMENT BUSINESS

Qualcomm gets licence to sell 4G chips to Huawei

Qualcomm | November 17, 2020

The U.S. government has at long last backed off on Chinese cell phone producer, Huawei. The nation has permitted American chipset producer Qualcomm to sell 4G cell phone chips to Huawei Technologies Co Ltd. This is the primary exclusion made by the US government since the expanding pressures between the two nations. The American government had trained all chipset makers to quit sourcing items to the Chinese organization since Septemeber. The spokes person from Qualcomm did not specify the exact chip that they will be supplying to Huawei. However, they did confirm that it is related to mobile devices. Other than Qualcomm chipsets, Huawei has its own scope of chipsets which has been being used in many gadgets sold by the organization, particularly on mid-reach and spending contributions. The organization's capability to plan its own chips was additionally impeded in September by U.S. exchange limitations that obstructed its admittance to chip plan programming and creation devices. Industry investigators trust Huawei's store of chips bought before the boycott could run out ahead of schedule one year from now, devastating its cell phone business. Bernstein analyst Stacy Rasgon said the Qualcomm license would have a "limited impact" because it covers only 4G chips while consumers are shifting to newer 5G devices. Rasgon said it is still unclear whether U.S. officials will grant Qualcomm licenses for 5G smartphone chips. About Qualcomm Who is Qualcomm, and what do we do? We are engineers, scientists and business strategists. We are from many different countries and speak many different languages. We come from diverse cultures and have unique perspectives. Together, we focus on a single goal—we invent breakthrough technologies that transform how the world connects, computes, and communicates.

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Senate Democrats call for Trump administration to unveil details of TSMC plant deal

TSMC | May 20, 2020

Democratic lawmakers on Tuesday urged the Trump administration to answer “serious questions” about Taiwan Semiconductor Manufacturing Co Ltd’s plans to build a U.S.-based $12 billion plant, flagging national security concerns and potentially undisclosed subsidies. TSMC, the world’s biggest contract chipmaker and supplier to U.S. tech giants such as Apple Inc, announced the project last week, in a move trumpeted by Commerce Secretary Wilbur Ross as signaling a “renaissance in American manufacturing” fueled by President Donald Trump. In a letter addressed Tuesday to Ross and Defense Secretary Mark Esper, top Senate Democrat Chuck Schumer and two colleagues said they “strongly support” efforts by the administration to “on-shore” semiconductor plants in the United States.

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Spotlight

Government is having a larger impact than ever on the enterprise. We recently sat down with Chris Lu, former U.S. Deputy Secretary of Labor and current FiscalNote advisor, to discuss this shift, and what companies can do to be more successful in this new environment. As part of FiscalNote’s Executive Series, we put together this Q+A to discuss what to expect in 2018 and beyond at both the C-Suite and senior leadership level within organizations.