TRUMP BOOM: Exxon Mobil Announces Biggest Response To GOP Tax Cut Yet

So much for “crumbs.” Citing the “historic” Republican-passed, President Trump-signed $1.5 trillion tax cut, Exxon Mobil announced on Monday that it plans to invest an additional $35 billion in the U.S. over the next five years . Combined with a recently announced $15 billion investment, the oil giant is going to effectively infuse $50 billion into the American economy.

Exxon Mobil Chairman and CEO Darren Woods made the announcement in a blog post on Monday (full text below).