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Economy

March 12, 2023

BIDEN ADMIN BAILS OUT FAILING BANKS

The Biden administration moves quickly to bailout the failed California Silicon Valley Bank (SVB), and reimburses SVB depositors. Five days after the collapse of SVB triggered
December 27, 2022

BIDEN SIGNS OMNIBUS SPENDING BILL

President Biden signed the $1.85 trillion omnibus bill into law. Washington Examiner columnist James Antle noted that the omnibus spending bill showed Republicans falling into a
November 29, 2022

‘AMERICA LAST’ GAS POLICY?

President Joe Biden faced backlash after his administration announced it would allow Chevron to resume pumping oil in socialist Venezuela, reversing a Trump-era ban put in
November 11, 2022

BIDEN PROMISES ‘NOTHING’

During a White House presser after the midterm elections, a reporter pointed out that “75% of voters say the country is heading in the wrong direction”
November 7, 2022

BIDEN PROMISES TO ‘SHUT DOWN’ COAL PLANTS

President Joe Biden caused a bipartisan uproar after he said in a speech about coal production: “We’re going to be shutting these plants down all across
October 18, 2022

WHITE HOUSE TO RELEASE MORE OIL

Bloomberg News is reporting that the Biden administration plans to release another 10 to 15 million barrels of oil from the nation’s emergency stockpile. The news
September 21, 2022

BIDEN SIDES AGAINST INDIANS TO STOP DOMESTIC OIL

The Biden administration is expected to soon finalize a rule banning oil and gas leasing near a Native American historical site in New Mexico, despite heavy
August 18, 2022

BIDEN SIGNS ‘INFLATION REDUCTION ACT’

President Joe Biden on Tuesday signed the $740,000,000,000 “Inflation Reduction Act” into law. During the signing ceremony, Biden called the new law “one of the most