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U.S. Congressman Barry Loudermilk
  Rep. Loudermilk on Sam Bankman-Fried’s Arrest:
‘Timing is unbelievable’

  Rep. Loudermilk: Proper Guardrails Must Be in Place for Regulators  

  In the News: COVID origins 'may have been tied' to China's bioweapons program: GOP report
  Fox News:

Republican members of the House Intelligence Committee are alleging in a newly released report that there are "indications" that COVID-19 could be tied to China’s biological weapons research program and "spilled over" to the general human population during an incident at the Wuhan Institute of Virology.

The information was released in a minority staff report by members of the House Permanent Select Committee on Intelligence on Wednesday night.

"Contrary to the implication of the [Intelligence Community’s] declassified report, based on our investigation involving a variety of public and non-public information, we conclude that there are indications that SARS-CoV-2 may have been tied to China’s biological weapons research program and spilled over to the human population during a lab-related incident at the Wuhan Institute of Virology," a summary of the report states. "The IC failed to adequately address this information in its classified Updated Assessment. When we attempted to raise the issues with the IC, it failed to respond." 

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  In the News: Consumer prices rose less than expected in November, up 7.1% from a year ago

The increase from a year ago, while well above the Federal Reserve’s 2% target for a healthy inflation level, was tied for the lowest since November 2021.

Excluding volatile food and energy prices, so-called core CPI rose 0.2% on the month and 6% on an annual basis, compared with respective estimates of 0.3% and 6.1%. 

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  Rep. Loudermilk Supports Legislation to Protect Inventors; Signs Letter Expressing Concern Over CFPB Overreach  
Letter to Consumer Financial Protection Bureau Director Rohit Chopra

• Letter outlines several areas of overreach by the CFPB since Director Chopra took office and asks that the bureau rescind these actions.

H.R. 5874 – Restoring America’s Leadership in Innovation Act, Rep. Thomas Massie (R-KY)

• Bill changes the U.S. patent system back to a first-to-invent system, meaning the first inventor to conceive of an invention is entitled to a patent. Currently law dictates that the first person to file an application meeting all the necessary requirements is entitled to the patent.


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