The reality is that the <a href="https://www.google.com/search?q=gop+dailywire&amp;rlz=1C5GCEM_enUS998US998&amp;oq=gop+dailywire&amp;aqs=chrome..69i57j69i60l3j69i64l3.1604j0j4&amp;sourceid=chrome&amp;ie=UTF-8" target="_blank" rel="noopener">GOP</a> can&#8217;t do much in Congress without full control of the Senate and with a Democratic president. Worse, it seems whenever the Senate GOP does do something that advances legislative action, it&#8217;s <a href="https://www.dailywire.com/news/bad-news-for-americans-bipartisanship-is-back-here-comes-amnesty" target="_blank" rel="noopener">bipartisan nonsense</a> that always advances the leftist agenda — they never seem to be able to get Democrats to move to the right.
Yet that doesn&#8217;t mean there aren&#8217;t a few bright spots worth highlighting in the nation&#8217;s capital. Consider freshman Sen. Katie Britt (R-AL), who has had a stellar week, particularly as she grilled federal bank regulators on Wednesday who say that they need more federal power in order to protect the American people from the financial crisis.
Britt scrutinized Federal Vice Chairman Michael Barr during a hearing on the collapse of Silicon Valley Bank, asking why they need more power if they haven&#8217;t used all that has been given to them.
&#8220;So you&#8217;ve talked about your review, which is ongoing. In that review, will you take a look if you used all of the tools in your toolbox to prevent this both before and after?&#8221; she asked.
Barr claimed that he would like for the formal review to be submitted before answering her inquiry — which is reasonable. Yet it raises the question, the government can&#8217;t confirm or deny it used all of its &#8220;tools&#8221; — why is it asking for more power? The GOP senator narrowed in on that point.
&#8220;I find it concerning though when you all were asked, &#8216;Would you like to see more powers, more strength?'&#8221; she pressed. &#8220;Every single one of you said yes. … I think this is what people hate about Washington: we have a crisis and you come in here without knowing whether or not you did your job, and you say you want more.&#8221; 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
A star is born. <a href="https://t.co/D4imLjUP7b">https://t.co/D4imLjUP7b</a>
&mdash; Tim Meads (@TimMeadsUSA) <a href="https://twitter.com/TimMeadsUSA/status/1641105223400796162?ref_src=twsrc%5Etfw">March 29, 2023</a></blockquote>
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It&#8217;s a good question and one that the Democrats don&#8217;t have an answer to. Their knee-jerk reaction is that more government power is always the solution. Now, President Joe Biden is demanding more banking regulations — without even seeing the formal review of what happened to SVB. Thank goodness for folks like Britt who can expose that logic, or lack thereof.
The views expressed in this piece are the author’s own and do not necessarily represent those of The Daily Wire.

Senator Katie Britt

Freshman GOP Senator Katie Britt Regulates The Regulators

Biden Admin

Federal Government

Republican Women

Republicans

Silicon Valley Bank

U.S. Senate

Senate <a href="https://www.dailywire.com/topic/republican-party" target="_blank" rel="noopener">Republicans</a> introduced legislation to codify a rule protecting the <a href="http://dailywire.com/topic/first-amendment" target="_blank" rel="noopener">freedom</a> for <a href="http://dailywire.com/topic/religion" target="_blank" rel="noopener">religious</a> groups to assemble on <a href="https://www.dailywire.com/topic/colleges" target="_blank" rel="noopener">college</a> campuses as the <a href="http://dailywire.com/topic/biden-administration" target="_blank" rel="noopener">Biden administration</a> seeks to reverse them.
The Trump administration <a href="https://www2.ed.gov/about/offices/list/ope/factsheetreligiouslibertyandfreeiInquiry09032020.pdf" target="_blank" rel="noopener">introduced</a> the Religious Liberty and Free Inquiry Rule three years ago in order to ensure that public universities do not deny religious student organizations “any right, benefit, or privilege,” such as student activities funding and access to campus facilities, “that is otherwise afforded to other student organizations at the public institution.” Universities which are found in violation of such rights risk losing federal grants under the current rule; the Biden administration, however, proposed a <a href="https://www.federalregister.gov/documents/2023/02/22/2023-03670/direct-grant-programs-state-administered-formula-grant-programs" target="_blank" rel="noopener">reversal</a> of the rule last month.
Sen. James Lankford (R-OK), Sen. Tim Scott (R-SC), and 14 other Senate Republicans <a href="https://www.lankford.senate.gov/news/press-releases/lankford-challenges-bidens-unconstitutional-attack-against-religious-student-groups" target="_blank" rel="noopener">introduced</a> the Equal Campus Access Act to enshrine the current rule into federal law. The lawmakers contended in a <a href="https://www.lankford.senate.gov/imo/media/doc/lankford_challenges_bidens_unconstitutional_attack_against_faith-based_student_groups.pdf" target="_blank" rel="noopener">letter</a> to Education Secretary Miguel Cardona that reversing the rule would leave religious student groups open to violations of First Amendment liberties.
“Student organizations, including religious ones, play an important role on campus and in the lives of college students. Unfortunately, the proposed rule threatens students’ ability to grow and learn while practicing and observing their respective faiths,” the letter said. “Students desire organized fellowship on college campuses to learn and practice their faith with like-minded students. They should be afforded the same rights as any other student organization on campus, not discriminated against merely because of their sincerely held religious beliefs.”
The Education Department asserted that the previous rule should be reversed because the policy is “not necessary” to protect free speech and free exercise of religion, tends to create “confusion among institutions,” and prescribes an “unduly burdensome role” for officials to investigate allegations of mistreatment. The lawmakers countered that the Education Department has failed to “provide any examples” of universities formally complaining about the confusing nature of the rules and asserted that calling the protection of religious freedom “unduly burdensome” represents an “alarming admission” from the agency.
Prominent nationwide religious organizations, such as InterVarsity Christian Fellowship, Reformed University Fellowship, and the Jewish Coalition for Religious Liberty, recently drafted their own <a href="https://www.lankford.senate.gov/imo/media/doc/letter_of_support.pdf" target="_blank" rel="noopener">letter</a> in support of the Equal Campus Access Act. “The right to assemble together based on religiously informed beliefs is foundational to a free and truly pluralistic society,” the entities wrote.
The proposed rule reversal is one of several Biden administration policies that critics consider a threat to religious liberty. House Republicans pushed earlier this week to <a href="https://www.dailywire.com/news/house-republicans-call-for-budget-to-prevent-discrimination-toward-groups-affirming-marriage-is-between-one-man-and-one-woman" target="_blank" rel="noopener">guarantee</a> that the text of the forthcoming federal budget prohibits agencies from taking discriminatory action against people or organizations on the basis of a “sincerely held religious belief, or moral conviction, that marriage is, or should be recognized as, a union of one man and one woman.”
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The call for explicit religious liberty protections in the budget comes after President Joe Biden endorsed the Respect for Marriage Act, which <a href="https://www.dailywire.com/news/dem-controlled-house-passes-same-sex-marriage-bill-39-republicans-support" target="_blank" rel="noopener">enshrines</a> same-sex marriage protections into federal law in accordance with the Supreme Court’s opinion in Obergefell v. Hodges. Democratic lawmakers recruited 39 Republicans in the House and 10 Republicans in the Senate to support the bill, which <a href="https://www.dailywire.com/news/biden-signs-same-sex-marriage-bill-drag-queens-invited-to-lavish-wh-ceremony" target="_blank" rel="noopener">became</a> law in December.

Sen. James Lankford

GOP Senators Lead Charge Against Biden Trying To Nix Rule Protecting Campus Religious Groups

Republican Senators Blast Biden For Trying To End Rule Protecting Campus Religious Groups

Biden Administration

College

First Amendment

James Lankford

Politics

Religion

Senate

Tim Scott

Trump Administration

<a href="https://www.dailywire.com/topic/republican-party" target="_blank" rel="noopener">Republican</a> lawmakers at the state and federal levels have introduced multiple bills this week meant to prohibit or discourage the <a href="http://dailywire.com/topic/federal-reserve" target="_blank" rel="noopener">Federal Reserve</a> from creating a central bank digital currency, also known as a CBDC.
Opponents of the so-called digital dollar contend that the asset, which would be managed by central bankers and tethered to the value of the physical dollar, would enable and increase government surveillance and control of private citizens. Sen. Mike Lee (R-UT) <a href="https://www.lee.senate.gov/services/files/2F3D168A-6B2E-47D4-B47F-C706AEC16EE7" target="_blank" rel="noopener">proposed</a> one such piece of legislation on Thursday, comparing a potential digital dollar in the United States to an experimental digital yuan slated to be unveiled in China.
“Presently, the Federal Reserve is in the process of researching and developing its own CBDC that would, like China’s, centralize the government’s control over the economy, while strangling our fundamental liberties,” Lee said in a <a href="https://www.lee.senate.gov/services/files/493D0C95-997D-4BB3-BFE2-5A91AB0FE55C" target="_blank" rel="noopener">summary</a> of his legislation. “An American CBDC would offer citizens nothing that they cannot already obtain through private financial innovation. Instead, it could make their every transaction known to the Federal Reserve, while converting banks and credit unions into merely wallets rather than private lending institutions.”
President Joe Biden has backed the study of a possible CBDC and <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/" target="_blank" rel="noopener">launched</a> a “whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” The Federal Reserve recently <a href="https://www.dailywire.com/news/federal-reserve-launches-digital-dollar-initiative-days-after-leading-cryptocurrency-firm-goes-under" target="_blank" rel="noopener">conducted</a> a study with Citi, Mastercard, BNY Mellon, and other financial institutions to determine the “feasibility of payments between financial institutions” using a digital dollar.
Sen. Ted Cruz (R-TX) and Sen. Mike Braun (R-IN) are also listed as <a href="https://www.dailywire.com/news/simply-a-bad-idea-ted-cruz-introduces-bill-to-stop-creation-of-a-central-bank-digital-currency" target="_blank" rel="noopener">sponsors</a> of the bill, which would amend the Federal Reserve Act such that financial authorities cannot “mint or issue” a CBDC directly to an individual or to a digital currency intermediary.
Similar legislation was <a href="https://emmer.house.gov/2023/2/emmer-leads-effort-to-squash-financial-surveillance-state-initiatives" target="_blank" rel="noopener">introduced</a> last month in the House by Rep. Tom Emmer (R-MN) and nine other sponsors. “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty and free market competitiveness. Anything less opens the door to the development of a dangerous surveillance tool,” Emmer said. “After all, America remains a technological leader not because we force innovations to adopt our values under regulatory duress, but because we allow technology that holds these values at their core to flourish.”
Survey results from the Cato Institute shared last week with The Daily Wire indicate that sizable majorities of Americans <a href="https://www.dailywire.com/news/federal-reserve-officials-are-testing-a-central-bank-digital-currency-heres-what-that-means-for-your-financial-freedom" target="_blank" rel="noopener">oppose</a> the creation of a CBDC, especially if the technology caused the end of physical cash or permitted officials to monitor transactions.
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The advent of a CBDC could emerge as an issue in the forthcoming Republican presidential primary race. Vivek Ramaswamy, an asset management executive and contender for the Republican nomination, has pressed every Republican candidate to <a href="https://twitter.com/VivekGRamaswamy/status/1638254539156385792" target="_blank" rel="noopener">denounce</a> digital dollar initiatives. Gov. Ron DeSantis (R-FL) <a href="https://www.dailywire.com/news/desantis-unveils-plan-to-battle-bidens-efforts-to-inject-a-centralized-bank-digital-currency" target="_blank" rel="noopener">unveiled</a> a proposal this week designed to prohibit the use of a CBDC in Florida and encouraged other states to follow suit, while Gov. Kristi Noem (R-SD) <a href="https://www.dailywire.com/news/south-dakota-governor-kristi-noem-vetoes-central-bank-digital-currency-bill" target="_blank" rel="noopener">vetoed</a> legislation that would have classified the asset as money in South Dakota. Neither DeSantis nor Noem have officially declared their candidacies for the Republican nomination.

Sen. Mike Lee.

Republicans Lead Charge Against Biden’s Push For Central Bank Digital Currency

Republicans At State And Federal Level Lead Charge Against Biden’s Push For Central Bank Digital Currency

Economy

Federal Reserve

Money

Democratic and Republican members of <a href="http://dailywire.com/topic/congress" target="_blank" rel="noopener">Congress</a> renewed efforts to prohibit fellow lawmakers from trading individual <a href="http://dailywire.com/topic/stock-market" target="_blank" rel="noopener">stocks</a>.
Several prominent lawmakers have been accused of leveraging their intimate knowledge about forthcoming regulations to purchase stocks at opportune times or mitigate losses by selling shares. The legislation introduced on Tuesday by Rep. Pramila Jayapal (D-WA), Rep. Matt Rosendale (R-MT), and Rep. Ken Buck (R-CO) would ban the trading of individual stocks, bonds, commodities, and futures by lawmakers and their spouses, as well as establish a $50,000 civic penalty for each violation enforced by the Department of Justice and the United States Office of Special Counsel.
“It’s past time for Washington to do the right thing and ban members of Congress from using their elected position to enrich themselves,” Buck said in a <a href="https://jayapal.house.gov/2023/03/21/jayapal-rosendale-buck-introduce-bipartisan-bill-to-ban-members-of-congress-from-owning-and-trading-stocks/" target="_blank" rel="noopener">press release</a>. “Members of Congress receive information that the public does not, it is inappropriate for elected officials to then turn around and invest or buy stocks using that insider information. The American people must have trust that Congress uses this information only to conduct official business, not benefit a stock portfolio.”
Newly elected members of Congress would have a transition period in which they could divest their shares and could defer taxation on gains from investments they are forced to sell.
As many as 97 lawmakers or their immediate family members purchased or sold assets related to their legislative committee work between 2019 and 2021, according to an <a href="https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-members-stock-trading-list.html" target="_blank" rel="noopener">analysis</a> published last year by The New York Times. Paul Pelosi, an investor and the husband of former House Speaker Nancy Pelosi (D-CA), as well as Elaine Chao, a prominent Republican who served as Transportation secretary and the wife of current Senate Minority Leader Mitch McConnell (R-KY), traded individual stocks while their spouses were in leadership positions.
“Only two in ten Americans trust that our government is working in their best interest,” Jayapal added in the press release. “Members of Congress are elected to serve the people, not our own financial interests. As long as members and their spouses are allowed to trade individual stocks, the door to corruption remains open. This legislation is a long overdue, necessary step to raise the ethical standards of Congress and restore the people’s trust in our work.”
The Pelosis most recently <a href="https://www.dailywire.com/news/pelosi-dumped-google-stock-weeks-before-justice-department-unveiled-antitrust-lawsuit" target="_blank" rel="noopener">disclosed</a> a sale of 30,000 shares in Alphabet, the parent company of Google, roughly one month before the Justice Department launched an antitrust lawsuit against the technology firm, news of which caused the stock price to decline. They also appeared to have cut losses by selling 25,000 shares in software company Nvidia last year before the United States placed new restrictions on computer chip sales to China and Russia.
Pelosi no longer serves as leader of the House Democrats but retains her seat in Congress.
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Sen. Josh Hawley (R-MO) <a href="https://www.dailywire.com/news/sen-hawleys-insider-trading-bill-returns-to-congress-under-new-title-pelosi-act" target="_blank" rel="noopener">introduced</a> the Preventing Elected Leaders from Owning Securities and Investments Act, also known as the PELOSI Act, earlier this year to address the individual stock trading phenomenon. While the bill introduced by Jayapal, Rosendale, and Buck would permit lawmakers to continue holding diversified mutual funds and exchange-traded funds, the proposal submitted by Hawley would not allow them to hold such assets.

Paul Pelosi, Nancy Pelosi

New Bill Would Fine Lawmakers Hefty Sum If They Are Caught Trading Individual Stocks

New Bill Would Fine Lawmakers $50,000 If They Trade Individual Stocks

Congress

Democrats

Stock Market

<a href="https://www.dailywire.com/topic/republican-party" target="_blank" rel="noopener">Republican</a> state attorneys general rebuked senior <a href="http://dailywire.com/topic/banks" target="_blank" rel="noopener">financial</a> authorities on Tuesday over the role that left-wing regulatory priorities allegedly played in the recent collapse of <a href="http://dailywire.com/topic/silicon-valley-bank" target="_blank" rel="noopener">Silicon Valley Bank</a>.
The financial institution imploded earlier this month as depositors <a href="https://www.dailywire.com/news/regulators-shut-down-major-tech-bank-after-run-on-savings" target="_blank" rel="noopener">rushed</a> to withdraw their funds and the company suffered heavy losses from the liquidation of a long-term bond portfolio. The Federal Deposit Insurance Corporation now directs holdings maintained by Silicon Valley Bank, which California state regulators closed on March 10, as well as Signature Bank in New York, which was closed on March 12.
Sixteen state attorneys general contended in a letter addressed to Federal Reserve Chair Jerome Powell, Treasury Secretary Janet Yellen, and other senior officials that recent emphasis on purported climate-related financial risks from regulators distracted from the focus on risk management that Silicon Valley Bank and other companies should have maintained.
“To put it bluntly, the administration’s zealotry in fighting climate change by unwisely and illegally attempting to convert federal financial regulators into environmental activists is inextricably intertwined with these bank failures and the fallout from them,” said the letter, which was provided to The Daily Wire. “Your warping of the financial regulatory system undermines both the safe and sound operation of financial institutions and the public’s faith in the fairness and efficacy of the regulatory regime.”
The Federal Reserve has recently introduced programs meant to evaluate perceived climate-related financial risks. Policymakers <a href="https://www.dailywire.com/news/federal-reserve-will-evaluate-climate-related-financial-risks-with-help-from-bidens-new-climate-officer" target="_blank" rel="noopener">unveiled</a> an initiative with six of the nation’s largest banks last year to examine various risk scenarios posed by rising worldwide temperatures, although officials said no “capital consequences” would emerge from the exercise.
Policymakers also <a href="https://www.dailywire.com/news/bidens-treasury-advisory-committee-on-racial-equity-to-be-led-by-defund-the-police-advocate-former-philadelphia-mayor" target="_blank" rel="noopener">announced</a> an initiative with the Treasury Department meant to consider the private sector’s approach to climate risk. President Joe Biden signed an <a href="https://www.whitehouse.gov/briefing-room/presidential-actions/2021/05/20/executive-order-on-climate-related-financial-risk/" target="_blank" rel="noopener">executive order</a> at the beginning of his tenure asking all agencies to examine the apparent problem.
“Your forays into environmental regulation undermine faith in financial regulation as a general matter, as they create the perception that the regulatory apparatus is more concerned with political issues than ensuring the integrity of the financial system,” the attorneys general continued. “You should publicly direct banks to pursue profitability, liquidity, and prudent risk management, and note that declining to serve customers for failing to comply with unrealistic climate initiatives like achieving net zero by 2050 is a threat to the financial system.”
Among the signatories of the document were Texas Attorney General Ken Paxton, Ohio Attorney General Dave Yost, and Kentucky Attorney General Daniel Cameron. Utah Attorney General Sean Reyes said in a statement provided to The Daily Wire that the failure of Silicon Valley Bank is a “warning sign that the administration’s environmental activism in its financial regulation not only ignores real financial risk but increases it.”
Republican state officials have condemned asset management companies and the Biden administration in recent months for advancing the environmental, social, and corporate governance movement, also known as ESG. Skeptics of the investment approach note that companies devoted to the movement advance specific left-wing political and social causes, such as decreasing carbon emissions or diversifying company leadership with respect to race or sex, in a manner that compromises or distracts from profitability.
Silicon Valley Bank indeed faced <a href="https://www.dailywire.com/news/failed-svb-criticized-for-hyper-focus-on-woke-dei-initiatives-lgbt-activism" target="_blank" rel="noopener">backlash</a> in the wake of its collapse for an apparent emphasis on diversity, equity, and inclusion. The firm neglected to fill its senior risk management role for most of last year while the executive in charge of risk management in Europe, Africa, and the Middle East described herself as a “queer person of color from a working-class background” and organized LGBTQ initiatives such as a month-long pride campaign.

US-POLITICS-BANKING-BIDEN-POWELL

Woke Regulations Led To Silicon Valley Bank Collapse, Republicans Argue In Letter To Regulators

Republicans Pin Silicon Valley Bank Collapse On Regulatory Wokeness

Climate Change

U.S.

President <a href="http://dailywire.com/topic/biden-administration" target="_blank" rel="noopener">Joe Biden</a> vetoed legislation on Monday that would have overturned a Labor Department rule allowing retirement fiduciaries to invest in accordance with the environmental, social, and corporate governance movement, also known as <a href="http://dailywire.com/topic/esg" target="_blank" rel="noopener">ESG</a>.
The Labor Department issued a <a href="https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/final-rule-on-prudence-and-loyalty-in-selecting-plan-investments-and-exercising-shareholder-rights" target="_blank" rel="noopener">final rule</a> last year that reflected the Biden administration’s purported efforts to safeguard the economy from “climate-related financial risk that may threaten the life savings and pensions of America’s workers and families.” Under the new rule, which <a href="https://www.dailywire.com/news/trump-barred-retirement-plans-from-mixing-wokeness-with-profits-biden-is-reversing-that-rule" target="_blank" rel="noopener">reverses</a> a prohibition created under the Trump administration, fiduciaries are allowed to weigh “the economic effects of climate change and other ESG considerations” as long as the concerns are relevant to a risk-and-return analysis.
The veto, which is the first issued by Biden, overturns a resolution passed by Republicans and a handful of Democrats in order to nix the rule. Sen. Jon Tester (D-MT) and Sen. Joe Manchin (D-WV), both of whom are campaigning for re-election next year in heavily Republican states, voted alongside their GOP colleagues to advance the measure.
“There is extensive evidence showing that environmental, social, and governance factors can have a material impact on markets, industries, and businesses. But the Republican-led resolution would force retirement managers to ignore these relevant risk factors, disregarding the principles of free markets and jeopardizing the life savings of working families and retirees,” Biden said in a <a href="https://www.whitehouse.gov/briefing-room/presidential-actions/2023/03/20/message-to-the-house-of-representatives-presidents-veto-of-h-j-res-30/" target="_blank" rel="noopener">message</a> to lawmakers released on Monday. “In fact, this resolution would prevent retirement plan fiduciaries from taking into account factors, such as the physical risks of climate change and poor corporate governance, that could affect investment returns.”
Critics of the ESG movement, on the other hand, assert that the investment philosophy mingles political and social causes, such as diversifying company leadership with respect to race or sex, in a manner that compromises or distracts from profitability. They point to lackluster <a href="https://www.dailywire.com/news/virtue-signaling-isnt-free-how-woke-investing-fell-apart-once-the-economy-got-bad" target="_blank" rel="noopener">performance</a> from ESG funds last year as technology firms, which ESG managers tend to favor because of their emphasis on corporate social responsibility and internal workforce diversity, suffered in the stock market while energy companies, which ESG managers tend to dislike because of carbon emissions associated with the sector, witnessed outsized returns.
Republicans formerly <a href="https://www.dailywire.com/news/house-and-senate-send-rebuke-of-bidens-esg-agenda-to-his-desk" target="_blank" rel="noopener">celebrated</a> the resolution as a rebuke of the federal government’s endorsement of the movement. “Today’s bipartisan vote makes clear what we have long said: ESG is an attempt to circumvent the democratic process to advance an inherently political agenda,” State Financial Officers Foundation CEO Derek Kreifels said in comments provided to The Daily Wire earlier this month. “Any move to supplant or dilute the fiduciary duty would undercut the foundations of our economic freedom and harm the American worker.”
American investors are largely skeptical toward ESG investment strategies and desire that their funds are allocated in a politically agnostic manner. An <a href="https://www.dailywire.com/news/poll-by-two-to-one-margin-investors-reject-woke-companies-pushing-political-causes" target="_blank" rel="noopener">exclusive poll</a> from The Daily Wire showed last year that 64% of respondents believe “individual investors whose savings are being invested” should decide whether funds are appropriated according to ESG standards, while a mere 20% believe that “Wall Street asset managers” should make such decisions.
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Senior officials in the Biden administration have nevertheless promoted tenets of the ESG movement in their various agencies. Treasury Secretary Janet Yellen recently <a href="https://www.dailywire.com/news/treasury-secretary-janet-yellen-claims-effects-of-climate-change-could-cascade-through-the-financial-system" target="_blank" rel="noopener">claimed</a> at the first meeting of the newly established Climate-Related Financial Risk Advisory Committee that extreme weather across the nation is attributable to climate change and “can lead to declines in asset values that could cascade through the financial system.” Members of the body include staffers from government agencies, universities, and private entities such as JPMorgan Chase and the Bezos Earth Fund.

President Biden Departs White House For Delaware

Biden Uses First Veto Of His Presidency To Kill Rebuke Of Federal ESG Push

Biden Issues First Veto Of His Presidency

Executive

Joe Biden

<a href="https://www.dailywire.com/topic/louisiana" target="_blank" rel="noopener">Louisiana</a> Republican lawmakers gained a significant upper hand after a longtime Democrat switched parties.
State Rep. Francis Thompson, who has served as a Democrat from northeast Louisiana for decades, changed his party registration on Friday, according to <a href="https://www.wafb.com/2023/03/17/republicans-gain-supermajority-la-house-after-longtime-democrat-switched-parties/" target="_blank" rel="noopener">CBS affiliate WAFB</a>.
With this party swap, Republicans now have the numbers in both chambers of the state legislature to muster a two-thirds supermajority to override vetoes by Democratic Governor John Bel Edwards.
This is the first time Republican lawmakers in the state have had such an advantage in Louisiana&#8217;s roughly 210-year history, <a href="https://www.newsweek.com/louisiana-democrat-switches-parties-giving-republicans-historic-power-1788659" target="_blank" rel="noopener">per Newsweek</a>.
Thompson, 81, insisted that &#8220;nothing&#8221; has changed in his values, though he acknowledged having a &#8220;conservative&#8221; voting record.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
This morning Rep. Francis Thompson is switching from Democrat to Republican giving the R’s a supermajority in the House <a href="https://twitter.com/hashtag/lalege?src=hash&amp;ref_src=twsrc%5Etfw">#lalege</a> <a href="https://twitter.com/hashtag/lagov?src=hash&amp;ref_src=twsrc%5Etfw">#lagov</a> <a href="https://t.co/w4Hg1aMPat">pic.twitter.com/w4Hg1aMPat</a>
&mdash; Shannon Heckt (@ShannonHeckt) <a href="https://twitter.com/ShannonHeckt/status/1636715476070940672?ref_src=twsrc%5Etfw">March 17, 2023</a></blockquote>
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&#8220;The push the past several years by Democratic leadership on both the national and state level to support certain issues does not align with those values and principles that are a part of my Christian life,&#8221; Thompson <a href="https://www.nvdaily.com/associated_press_national/republicans-gain-supermajority-in-louisiana-house/article_a5fe8520-ea15-5789-8eac-facdfdea1f20.html" target="_blank" rel="noopener">added in a statement</a>.
As <a href="https://www.nvdaily.com/associated_press_national/republicans-gain-supermajority-in-louisiana-house/article_a5fe8520-ea15-5789-8eac-facdfdea1f20.html" target="_blank" rel="noopener">noted by the Associated Press</a>, Thompson joined Republicans in recent years to call for a veto override session.
That includes <a href="https://www.theadvocate.com/baton_rouge/news/politics/legislature/louisiana-house-fails-to-override-veto-of-transgender-sports-bill-session-is-over/article_214043b0-ea4b-11eb-b3ba-37ac85e77755.html" target="_blank" rel="noopener">a failed effort in 2021</a> to override a veto of legislation that would have prevented biological male athletes from competing in girls&#8217; and women&#8217;s sports. However, the governor <a href="https://www.cnn.com/2022/06/06/politics/louisiana-anti-trans-sports-ban-enacted/index.html" target="_blank" rel="noopener">did not go through with another veto</a> to stop a transgender sports ban last year.
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Democrats in Louisiana, which has trended more red in recent decades, shrugged at the news of Thompson changing his party affiliation.
“While Rep. Thompson’s decision is disappointing, it is not surprising. He already caucused with Republicans,” House Democratic Caucus Chairman Rep. Sam Jenkins <a href="https://currently.att.yahoo.com/att/thompson-party-flip-gives-republicans-022608010.html" target="_blank" rel="noopener">said in a statement</a>.

Louisiana State Capitol

Louisiana Republicans Gain Historic Power As Longtime Democrat Switches Parties

General

Louisiana

<a href="https://www.dailywire.com/news/president-joe-biden-had-cancerous-tissue-removed-white-house-doctor-reveals/" target="_blank" rel="noopener">President Joe Biden</a> made the unlikely claim Tuesday that it is Republicans who are pushing for &#8220;<a href="https://www.dailywire.com/news/biden-white-house-has-been-hosting-defund-the-police-activists/" target="_blank" rel="noopener">defunding the police</a>,&#8221; despite near universal GOP support for law enforcement and the fact that cutting police budgets was his own party&#8217;s rallying cry in 2020.
Speaking at a recreation center in Monterey Park, California, the same community in which a gunman killed 11 and wounded nine inside a dance studio on January 21, Biden announced an executive order with new gun control measures. The order, which would increase background checks for gun purchases, promote “red flag” orders, and make public federal records on violations by firearms dealers, has been met with opposition from Republicans.
“Congressional Republicans should pass my budget instead of calling for cuts to these services or defunding the police or abolishing the FBI, as we hear from our MAGA Republican friends,” Biden said.
While it is true that some Republicans have called for abolishing the scandal-ridden FBI, calls for defunding police departments have been the exclusive province of Democrats ever since the George Floyd riots of 2020. Biden himself was not among Democrats calling to cut police budgets, but Vice President Kamala Harris praised then-L.A. Mayor Eric Garcetti for planning to lop up to $150 million from his city&#8217;s police budget.
“Right now, what we’re seeing in America is many cities spend over one-third of their entire city budget on policing but meanwhile we’ve been defunding public schools for years in America,” Harris said in June of 2020.
The funding of police departments is a local matter, but GOP governors like Florida’s <a href="https://dailywire.com/news/desantis-announces-1000-bonuses-for-police-first-responders-we-will-always-support-our-law-enforcement/" target="_blank" rel="noopener">Ron DeSantis</a> or Texas’ <a href="https://dailywire.com/news/we-support-our-law-enforcement-gov-abbott-announces-new-rules-to-stop-texas-cities-from-defunding-police/" target="_blank" rel="noopener">Greg Abbott</a> have staunchly supported the police. Meanwhile, “defund the police” advocates have been visiting the White House or meeting with White House aides, which White House visitor logs revealed as reported last June.
Some of those activists included Rashad Robinson, the president of Color of Change; Carmen Rojas, the president and CEO of the Marguerite Casey Foundation; Latosha Brown, the co-founder of Black Voters Matter; and Tylik McMillan, who serves as the “National Director of Youth [and] College” at Al Sharpton&#8217;s National Action Network, <a href="https://www.foxnews.com/politics/biden-white-house-hosted-defund-police-activists" target="_blank" rel="noopener">Fox News</a> reported.
“So many people are twisting themselves into word pretzels,” Rojas <a href="https://twitter.com/crojasphd/status/1382876377993474048?ref_src=twsrc%5Etfw">tweeted</a> in 2021. “They say we need justice in one breathe &amp; not all police are bad in the next. We must be unwavering in our commitment to freedom. The best way to realize it is to defund the police and support abolition. Period.”
Rojas “visited the White House in December 2021 and appeared to meet with Nia Page,” a Special Assistant to then-Biden adviser Cedric Richmond, Fox News noted. Rojas’ Marguerite Casey Foundation had also <a href="https://www.caseygrants.org/recent-news/marguerite-casey-foundation-announces-5-increase-in-funding-to-cause-dedicated-to-ending-police-violence" target="_blank" rel="noopener">featured</a> Robinson on its board; Robinson also visited the White House in 2021 and reportedly met with Richmond.
Color of Change pushed to &#8220;dismantle&#8221; and replace the Minneapolis Police Department in 2021, according to Fox News. They created a <a href="https://act.colorofchange.org/sign/defund_police_national/" target="_blank" rel="noopener">petition</a> titled, “TAKE ACTION: Defund the police, and invest in communities now!” The petition states, “The Minneapolis City Council recently approved a potential ballot measure that would change the city charter and dismantle the Minneapolis Police. Now it’s up to us to hold them accountable, push for further systemic changes.”
In March 2022, the Marguerite Casey Foundation tweeted, &#8220;#DefundthePolice.”
Brown, according to the White House visitor logs and Fox News, has communicated with Vincent Evans, who worked for Vice President Harris&#8217;s office.  Referring to police reform, Brown stated, &#8220;It&#8217;s kind of like having weeds in the yard. You can cut the weeds down, you know, when you&#8217;re mowing the grass, but until you uproot or kill the weeds, it will still take over your yard,&#8221; <a href="https://www.washingtonexaminer.com/news/cnn-panelist-likens-defunding-police-uprooting-weeds" target="_blank" rel="noopener">reported</a> the Washington Examiner.
“In August 2020, Brown promoted a ‘Defund the Police 101 Teach-In’ event led by two other defund the police activists,” Fox News stated.

Biden announces new executive order to curb gun violence in California

Say What? Biden Claims It Is Republicans Who Want To Defund Police

Defund The Police

<a href="https://www.dailywire.com/topic/republican-party" target="_blank" rel="noopener">Republican</a> lawmakers denounced the fiscal year 2024 <a href="https://www.dailywire.com/topic/budget" target="_blank" rel="noopener">budget</a> proposal released by President <a href="http://dailywire.com/topic/biden-administration" target="_blank" rel="noopener">Joe Biden</a> on Thursday.
The suggested $6.9 trillion for the federal government’s operations would <a href="https://www.dailywire.com/news/more-taxes-and-more-spending-heres-what-you-need-to-know-about-president-bidens-newest-budget" target="_blank" rel="noopener">constitute</a> a $1.1 trillion increase from the $5.8 trillion proposed by the White House for the previous fiscal year. The budget would <a href="https://www.dailywire.com/news/biden-wants-to-cut-3-trillion-in-spending-over-the-next-decade-america-needs-20-trillion-in-cuts-to-balance-the-budget" target="_blank" rel="noopener">decrease</a> the total deficit over the next decade from $20 trillion to $17 trillion.
Senior Republican officials announced that they would oppose the plan, which hinges upon expanded social programs and higher taxes. “President Biden just delivered his budget to Congress, and it is completely unserious. He proposes trillions in new taxes that you and your family will pay directly or through higher costs,” House Speaker Kevin McCarthy (R-CA) <a href="https://twitter.com/SpeakerMcCarthy/status/1633882237182803969" target="_blank" rel="noopener">remarked</a> on social media. “Washington has a spending problem, not a revenue problem.”
Senate Finance Committee Chairman Mike Crapo (R-ID) likewise <a href="https://www.finance.senate.gov/ranking-members-news/crapo-statement-on-tried-and-failed-tax-and-spend-budget-proposals" target="_blank" rel="noopener">asserted</a> that the budget proposal fails to encourage job creation and higher wages while increasing tax burdens and expenditure levels. “The President’s budget makes clear the administration has not learned from its mistakes that have led to two years of record-high inflation and excessive deficit spending. Instead, this administration is doubling down with more of the same,” he commented. “Revenues are not the problem; Washington’s insatiable appetite for unfettered spending is the problem.”
The budget is expected to fail in the House of Representatives, which is controlled by Republicans as a result of the midterm elections, and face opposition from Republicans in the Senate. “The federal government can’t get enough of taxpayers’ hard-earned dollars,” Sen. Marsha Blackburn (R-TN) <a href="https://www.blackburn.senate.gov/2023/3/blackburn-releases-budget-plan-to-slash-federal-spending" target="_blank" rel="noopener">said</a> in a statement, <a href="https://twitter.com/MarshaBlackburn/status/1633926529087414275" target="_blank" rel="noopener">adding</a> on social media that “Joe Biden’s disastrous budget will be dead on arrival.”
The <a href="https://www.whitehouse.gov/wp-content/uploads/2023/03/budget_fy2024.pdf" target="_blank" rel="noopener">budget proposal</a> includes several tax hikes on affluent households, including a new 25% minimum tax on those with more than $100 million in wealth and an increase in the top marginal tax rate to 39.6% from the current 37%, which would represent a return to levels seen before the Tax Cuts and Jobs Act of 2017. Businesses would see an increase in the corporate tax to 28%, which would split the difference between the current 21% rate and the previous 35% rate that was in effect before the Tax Cuts and Jobs Act, while the budget would also quadruple the stock buyback tax from 1% to 4% such that companies invest unused profits in operations.
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Democratic lawmakers praised the social initiatives that would be funded by the budget, including childcare benefits and higher education programs. “President Biden&#8217;s budget plan fits the needs of American families,” Senate Majority Leader Chuck Schumer (D-NY) <a href="https://twitter.com/SenSchumer/status/1633948569144119300" target="_blank" rel="noopener">commented</a> in a statement. “It is a roadmap that will lead our country to a better future.”
The budget proposal comes as Biden and McCarthy <a href="https://www.dailywire.com/news/congressional-budget-office-reveals-when-government-will-run-out-of-cash" target="_blank" rel="noopener">negotiate</a> to decrease long-term spending after the debt ceiling, an arbitrary cap on the national debt established by Congress, exceeded the statutory limit of nearly $31.4 trillion earlier this year. Each official has said they will not consider reforms to Social Security and Medicare, raising <a href="https://www.dailywire.com/news/sparing-the-sacred-cow-republicans-and-democrats-refuse-to-touch-social-security-as-debt-crisis-looms" target="_blank" rel="noopener">questions</a> as to whether meaningful spending cuts will be possible since the two programs constituted more than half of the federal budget during the last fiscal year.

House Minority Leader Kevin McCarthy and Republican Conference Press Conference

‘Dead On Arrival’: Republicans Slam Biden Budget’s Higher Taxes And Spending

Republican Officials Slam Biden Budget

Budget

Taxes

<a href="https://www.dailywire.com/topic/republican-party" target="_blank" rel="noopener">Republicans</a> walked out of a Senate hearing about <a href="http://dailywire.com/topic/artificial-intelligence" target="_blank" rel="noopener">artificial intelligence</a> on Wednesday after their <a href="https://www.dailywire.com/topic/senate-democrats" target="_blank" rel="noopener">Democratic</a> counterparts blocked DailyWire+ host <a href="https://www.dailywire.com/watch/jordan-peterson" target="_blank" rel="noopener">Dr. Jordan B. Peterson</a> from testifying.
Republican members of the Senate Homeland Security Committee had invited the clinical psychologist and bestselling author to provide his insights about the rise of AI and related threats to liberty. Sen. Ron Johnson (R-WI), who was serving as the body’s senior Republican in the absence of ranking member Sen. Rand Paul (R-KY), said during his opening <a href="https://www.hsgac.senate.gov/hearings/artificial-intelligence-risks-and-opportunities/" target="_blank" rel="noopener">statement</a> that Chairman Gary Peters (D-MI) had refused to allow Peterson to appear virtually.
“For whatever reason, even though we have the technology here, the chairman said he couldn’t make it possible for him to appear remotely. Behind the scenes, over the weekend, there were other reasons supplied,” Johnson commented. “That was all a ruse. It was a pretext for not allowing Dr. Peterson to testify, and I really cannot guess why. Some kind of ideological reason.”
Johnson also remarked that “this is an action that is beyond unfortunate and something we cannot condone, which is why no Republicans will attend this hearing.” He exited the room after a tense exchange with Peters, who claimed that the Democrats blocked Peterson because Republicans had submitted him as a witness two business days before the hearing. Johnson noted that lawmakers frequently added witnesses at the last moment and made efforts to accommodate them during his six years as chairman.
Peterson <a href="https://twitter.com/jordanbpeterson/status/1633895002030985217" target="_blank" rel="noopener">said</a> on social media that he had “worked in good faith and in an entirely non-partisan manner” before Democrats revoked his invitation. He added that he was rejected from offering his insights because a Democratic staffer accused him of “promoting child abuse.”
“I was also invited to present virtually and agreed,” Peterson continued, asserting that the idea his testimony was rejected merely because he would attend remotely “is an outright falsehood.”
Peterson has frequently been the subject of Left-wing censorship. Beyond the protests and outrage that accompany his speaking events, the academic was <a href="https://www.dailywire.com/news/twitter-suspends-jordan-peterson-after-he-tweets-ellen-page-just-had-her-breasts-removed" target="_blank" rel="noopener">banned</a> from Twitter for several months over a post about Elliot Page, a woman actress who identifies as a man. Twitter CEO Elon Musk <a href="https://www.dailywire.com/news/breaking-jordan-peterson-restored-to-twitter-by-elon-musk" target="_blank" rel="noopener">restored</a> Peterson&#8217;s account after taking over the platform.
Johnson also lauded Peterson’s qualifications to discuss AI and to seriously consider the technology’s implications. He spent much of his opening statement sharing comments Peterson was not able to offer himself.
“Our legal structure has not been able to adapt itself to the immense changes on the virtual front,” Peterson had written. “The logical extension of such danger is the duplication in the West of something approximating the utter catastrophe of the so-called social credit system in China. Everything is tracked and controlled, the government can with the stroke of a pen seize the economic resources of any given individual or group.”
Peterson likewise noted that AI and machine learning can aid in surveillance, observing that China currently has some 400 cameras watching every 1,000 people. “We could well be entering an era of authoritarian, AI-mediated social shunning. The use of such cameras should be banned,” Peterson&#8217;s remarks read. “Machines should never be given the authority to ticket, try, punish, or limit the economic or practical activities of human beings.”

The Self-styled “Professor Against Political Correctness” Jordan Peterson Speaks To The Cambridge Union

Dems Block Jordan Peterson From Testifying At Senate Hearing, Furious Republicans Walk Out

Democrats Disallow Jordan Peterson From Testifying At Senate Hearing

Artificial Intelligence

Censorship

Jordan Peterson

Singer Cyndi Lauper reached once again for a Hitler comparison &#8212; her go-to criticism of former President Trump &#8212; to decry Republican state lawmakers&#8217; efforts to address radical transgender ideology.
The 69-year-old songstress, who scored mega-hits in the 1980s with “Time After Time” and “Girls Just Want to Have Fun,” told ITK the spate of state laws being passed in red states, including ones aimed at ending chemical and surgical treatments of children who claim to be transgender and laws keeping biological males out of girls&#8217; sports, was reminiscent of Nazi Germany.
“Equality for everybody, or nobody’s really equal,” she said, according to <a href="https://thehill.com/blogs/in-the-know/3888213-cyndi-lauper-compares-anti-lgbtq-bills-to-nazi-germany-this-is-how-hitler-started/" target="_blank" rel="noopener">The Hill</a>, adding, “This is how Hitler started &#8230; just weeding everybody out.”
“I don’t think it’s a good idea what they’re doing but, you know, you just have to keep fighting for civil rights,” she continued. “I guess that’s the way it is in this country. Started out like that, didn’t it?”
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Lauper comparing Republicans to Nazis is not new. In 2016 she <a href="https://www.hollywoodreporter.com/lifestyle/lifestyle-news/cyndi-lauper-compares-donald-trump-925446/" target="_blank" rel="noopener">said</a> of GOP presidential candidate Donald Trump, “The things that he says are appalling to me and shocking. I was so shocked when he started to talk about the LGBT  community. &#8230; That guy is selling inflammatory things that I have never in my whole entire life heard … except, you know, Hitler.”
During the 2016 campaign, Lauper again <a href="https://soundcloud.com/siriusxmentertainment/tmecyndi3" target="_blank" rel="noopener">sounded off</a> about Republicans, saying of Trump’s candidacy, “The Republicans who let him in— which I don’t know what the heck that party is nothing to me anymore; you got all these extremists &#8230; even the ones they think are moderate are extremists. &#8230; I gotta be honest; they’re haters.”
Earlier in 2016, Lauper <a href="https://www.hollywoodreporter.com/news/general-news/cyndi-lauper-north-carolina-boycott-bathroom-bill-891437/" target="_blank" rel="noopener">supported</a> the boycott of North Carolina over the state’s Public Facilities Privacy &amp; Security Act, which mandated that schools and state and local government facilities containing single-gender washrooms only allow people of the corresponding sex on their birth certificate to use those bathrooms.
Lauper demanded for the show she played in Raleigh that there be a non-gender-specific bathroom, and the venue decided to make it permanent.
In 2019, Lauper <a href="https://www.rttnews.com/2995975/cyndi-lauper-lambastes-trump-in-upcoming-tv-interview.aspx" target="_blank" rel="noopener">stated</a> of President Trump, “Maybe he doesn&#8217;t even realize that he preaches hate. I feel really bad for Americans, because instead of bringing us together, he&#8217;s pulled us apart and that doesn&#8217;t make sense.”
 “My sister was gay, my best friends were gay, so I figured I had to be gay,” Lauper <a href="https://www.qsaltlake.com/news/2008/08/11/cyndi-lauper-i-had-to-come-out-as-straight/" target="_blank" rel="noopener">said</a> in 2008. “So I did everything they did. I tried kissing girls. But it didn&#8217;t feel right for me and eventually I was forced to come out as a heterosexual.”

American Singer Cyndi Lauper, on Stage

‘How Hitler Started Out’: Cyndi Lauper Blasts Red States’ Laws Protecting Kids From Trans Treatments

‘How Hitler Started Out’: Cyndi Lauper Blasts Red States' Laws Protecting Kids From Trans Treatments

Cyndi Lauper

Entertainment

LGBTQ

Music

Sen. <a href="https://www.dailywire.com/topic/joe-manchin" target="_blank" rel="noopener">Joe Manchin</a> (D-WV) called on his <a href="http://dailywire.com/topic/republicans" target="_blank" rel="noopener">Republican</a> and <a href="http://dailywire.com/topic/democrats" target="_blank" rel="noopener">Democratic</a> colleagues on Thursday to implement a compromise that would decrease the <a href="http://dailywire.com/topic/national-debt" target="_blank" rel="noopener">national debt</a>.
The lawmaker’s <a href="https://www.manchin.senate.gov/newsroom/press-releases/icymi-manchin-calls-on-biden-administration-congressional-leaders-to-get-serious-about-the-national-debt" target="_blank" rel="noopener">remarks</a> came after Sen. James Lankford (R-OK) recited President George Washington’s Farewell Address on the Senate floor, a tradition that the upper chamber has <a href="https://www.lankford.senate.gov/news/press-releases/lankford-delivers-george-washingtons-farewell-address" target="_blank" rel="noopener">maintained</a> for more than 160 years to commemorate the founding father’s birthday. Manchin referenced the distaste Washington held for partisan factions as he exhorted <a href="http://dailywire.com/topic/congress" target="_blank" rel="noopener">Congress</a> to address the national debt, which now surpasses $31.5 trillion.
“Washington warned of the dangers of putting the will of a political party ahead of the will of the nation,” Manchin commented. “Washington warned against the accumulation of debt and encouraged us to ‘cherish public credit as a very important source of strength and security.’ And yet here we are today, watching party politics and out-of-control spending threaten the very foundation of our great nation.”
The comments come as the federal debt ceiling, an arbitrary cap on the national debt established by Congress, exceeded the statutory limit of nearly $31.4 trillion earlier this year, prompting Treasury Secretary Janet Yellen to <a href="https://www.dailywire.com/news/yellen-warns-congress-extraordinary-measures-have-begun-after-debt-ceiling-breached" target="_blank" rel="noopener">launch</a> “extraordinary measures” intended to fund the government through the early summer. President Joe Biden and House Speaker Kevin McCarthy (R-CA) are presently engaged in the early stages of negotiations to address the debt limit and decrease long-term spending; each have said that they will not consider reforms to Social Security and Medicare, raising <a href="https://www.dailywire.com/news/sparing-the-sacred-cow-republicans-and-democrats-refuse-to-touch-social-security-as-debt-crisis-looms" target="_blank" rel="noopener">questions</a> as to whether meaningful spending cuts will be possible since the two programs constitute nearly half of the federal budget.
Manchin, widely regarded as a centrist, noted that excessive federal spending has been a <a href="https://www.dailywire.com/news/national-debt-surpasses-31-trillion-for-the-first-time-republicans-and-democrats-both-to-blame" target="_blank" rel="noopener">problem</a> under Republican and Democratic administrations alike: former President Donald Trump added $7.5 trillion to projected debt levels through his legislative agenda and executive orders, while President Joe Biden has added $5 trillion to projected debt levels. Not considering the stimulus measures passed by both chief executives during the lockdown-induced recession implies an added debt burden of $4 trillion for the former and $2.5 trillion for the latter.
“My Democratic friends don’t want to say a word about our out-of-control spending and are outright refusing to even talk to Republicans about reasonable, responsible reforms. They want to pass a ‘clean’ debt ceiling bill without a commitment to fix anything,” Manchin continued. “My Republican friends refuse to offer any specifics, and some have recklessly threatened default, which is something that absolutely has to be off the table. We will never solve this problem by each party running in the opposite direction. We will only be able to change course by coming together, embracing common sense, and finding common ground.”
Manchin added that the government must get its “financial house in order” just like “every family has to do around their kitchen table” on a regular basis.
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“Our national debt weakens our economy, it weakens our national security, it weakens the trust Americans have in their government, and it weakens our role in the world. Fortunately, we still have time this year to prevent this catastrophic financial forecast,” he continued. “I am asking all of you to join me in calling for an honest budget, without the accounting gimmicks and tricks, a short-term deal to bring down our out of control spending right now, this year, and a plan to deal with our longer-term fiscal challenges.”

Joe Manchin

‘Party Politics And Out-Of-Control Spending’: Manchin Calls Out Both Republicans And Democrats For Worsening The National Debt

Manchin Rebukes Both Parties For Worsening The National Debt

Debt Ceiling

National Debt

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