U.S. Sen. Ted Cruz (R-Texas), member of the Senate Commerce Committee and the Senate Foreign Relations Committee, issued the following statement regarding his no vote on the CHIPS-Plus bill: “Our dependence on semiconductors manufactured abroad is a serious vulnerability. Right now, an enormous amount of the most complex semiconductors are built in Taiwan, where they … Continue reading Cruz: CHIPS corporate welfare bill ‘invites cronyism and corruption’
Category: Washington
In response to this morning’s GDP data indicating -0.9% growth in Q2, which confirms two consecutive quarters of negative growth, and reports of a pending reconciliation deal between Majority Leader Chuck Schumer and Senator Joe Manchin, AFP Vice President of Government Affairs Akash Chougule issued the following statement: “When Americans feel like they need to … Continue reading Random Grab Bag of Corporate Welfare and Tax Hikes Does Nothing to Address Inflation
House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) today is pressing Hunter Biden’s financial advisor, Edward Prewitt, for information about Hunter Biden and the Biden family’s foreign business deals that have triggered suspicious activity reports (SARs). Prewitt, a former Clinton Administration political appointee, advised Hunter Biden on financial transactions when U.S. banks … Continue reading Comer Presses Hunter’s Financial Advisor on Biden Family’s Suspicious Foreign Business Deals
New whistleblower information reveals that FBI officials are pressuring agents to reclassify cases as “domestic violent extremism” (DVE) despite lacking the criteria to meet such a classification. Whistleblower disclosures have also detailed the agency’s effort to exaggerate DVE data to satisfy the Bureau’s leadership. One whistleblower explained that because agents are not finding enough DVE cases, they are encouraged and … Continue reading Whistleblowers: FBI Leadership Pressuring Agents to Artificially Pad Domestic Terrorism Data
House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today as the U.S. House of Representatives is preparing to consider semiconductor manufacturing legislation – otherwise known as CHIPS – that will increase spending by $280 billion and specifically increase mandatory spending by over $60 billion: “Last year, federal mandatory spending topped $5 … Continue reading CHIPS Bill Feeds Washington’s Mandatory Spending Habit
House Budget Republican Leader Jason Smith (MO-08) released the following statement after the Congressional Budget Office (CBO) released its latest long-term budget outlook detailing the nation’s dismal fiscal health, and the Federal Reserve increased interest rates by 75 basis points – the fourth increase since March. “Washington Democrats’ $2 trillion American Rescue Plan ignited inflation, … Continue reading As Fed Hikes Rates to Combat Biden’s Inflation Crisis, Budget Office Confirms Worsening of America’s Fiscal Outlook
Ahead of Thursday’s U.S. Senate Banking Committee hearing on risks and scams in the cryptocurrency market,Ranking Member Pat Toomey (R-Pa.) said investors have suffered from a continued unwillingness by the Securities and Exchange Commission (SEC) to give regulatory clarity to the cryptocurrency community and consumers. In a letter to SEC Chairman Gary Gensler, Ranking Member Toomey wrote … Continue reading Toomey: Gensler’s Refusal to Give Crypto Regulatory Clarity Hurt Consumers
U.S. Sen. John Thune (R-S.D.) Tuesday led several of his Senate Republican colleagues in introducing the Food and Energy Security Act, legislation that would prohibit the Biden administration from forcing its environmental, social, and governance (ESG) agenda onto the American economy. Specifically, the bill would require federal financial and securities regulators to estimate the impact of their rules … Continue reading Thune Introduces Legislation to Fight Democrats’ Radical Environmental Agenda, Protect South Dakota Producers
Senate Democrats Tuesday objected to U.S. Senator Rand Paul’s amendment to the CHIPS-Plus Act that would permanently ban all U.S. funding of gain-of-function research in China. In the rush to pass this newly emerged legislation, some of the provisions the Senate previously agreed to in the original CHIPS bill were cut, including Dr. Paul’s gain-of-function … Continue reading Senate Democrats Object to Dr. Paul’s Amendment to Ban U.S. Funding of Gain-of-Function Research in China
Senator James Lankford (R-OK) joined Senator Joni Ernst (R-IA) and their colleagues to send a letter to the Department of Justice after Iranians with direct links to the country’s most prominent designated terrorist organization were detained in Argentina early last month. The Biden Administration has refused to provide key Argentinian law enforcement officials information confirming … Continue reading Lankford, Ernst Demand Answers on Biden Stalling Investigation of Iranians Linked to Terrorism
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